Groww Vs Finvasia
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Groww Vs Finvasia - Broker Details
| Groww | Finvasia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2012 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Account Opening & AMC Charges
| Groww | Finvasia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Brokerage charges & Plans
| Groww | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | N/A | ₹0 (Free) |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Currency Options | N/A | ₹0 (Free) |
| Fixed Charges | ₹20/ Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Other Charges
| Groww | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Transaction Charges
| Groww | Finvasia | |
|---|---|---|
| Currency Options | N/A | ₹4000/Cr of premium |
| Equity Futures | NSE:- 0.002% | ₹325/Cr |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | ₹325/Cr |
| Equity Options | NSE:- 0.053% on premium | ₹5000/Cr |
| Commodity | N/A | ₹260/Cr |
| Currency Futures | N/A | ₹115/Cr |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | ₹325/Cr |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Margin (Exposure)
| Groww | Finvasia | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Features
| Groww | Finvasia | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Review & Rating
| Groww | Finvasia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Request a call back from Broker
| Groww | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Investment Options
| Groww | Finvasia | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Order Type
| Groww | Finvasia | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Research & Report
| Groww | Finvasia | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Daily Market Report
| Groww | Finvasia | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Suitable For Investor
| Groww | Finvasia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Pros & Cons
| Groww | Finvasia | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 1.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Background
| Groww | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Compare All Brokers
| Groww | Finvasia | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - STT/CTT
| Groww | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Demat transaction charges
| Groww | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹9 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - GST
| Groww | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - SEBI Charges
| Groww | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Account Opening & AMC Charges
Groww
Finvasia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Finvasia
| Groww | Finvasia | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ Finvasia |
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. |
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Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Groww Vs Finvasia - Brokerage charges & Plans
| Groww | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | N/A | ₹0 (Free) |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Currency Options | N/A | ₹0 (Free) |
| Fixed Charges | ₹20/ Order | ₹0 (Free) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Margin (Exposure)
| Groww | Finvasia | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Finvasia - Other Charges
| Groww | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Finvasia - STT/CTT
| Groww | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
| Call Back Open Account |
Groww Vs Finvasia - Demat transaction charges
| Groww | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹9 + Gst per scrip only on sell |
| Call Back Open Account |
Groww Vs Finvasia - GST
| Groww | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Groww Vs Finvasia - SEBI Charges
| Groww | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Finvasia - Features
| Groww | Finvasia | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |