STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Groww VS Finwave)

 
 

Groww Vs Finwave

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.


Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Finwave - Broker Details

Groww Finwave
Single Margin Facility
Year of Incorporation 2016 2014
Exchanges NSE and BSE. NSE, BSE, MCX and NCDEX
Branches Zero 25
Brokerage ₹20/ Order ₹20 per order
Broker Type Discount Broker Full Service Broker
Call Back Open Account

Groww Vs Finwave - Account Opening & AMC Charges

Groww Finwave
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC ₹0 (Free) 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
Call Back Open Account

Groww Vs Finwave - Brokerage charges & Plans

Groww Finwave
Commodity Futures N/A ₹20 per order
Currency Futures N/A ₹20 per order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Commodity Options N/A ₹20 per order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Currency Options N/A ₹20 per order
Fixed Charges ₹20/ Order ₹20 per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Call Back Open Account

Groww Vs Finwave - Other Charges

Groww Finwave
RMS Square Off Charge ₹50/ Order ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20 per order
Minimum Brokerage ₹20/ Order ₹20 per order
Call Back Open Account

Groww Vs Finwave - Transaction Charges

Groww Finwave
Currency Options N/A BSE: 0.001% | NSE: 0.035%
Equity Futures NSE:- 0.002% NSE: 0.002%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% BSE: 0.00345% | NSE: 0.00345%
Equity Options NSE:- 0.053% on premium NSE: 0.053%
Commodity N/A 0.0026%
Currency Futures N/A NSE: 0.0009% | BSE: 0.00022%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% BSE: 0.00345% | NSE: 0.00345%
Call Back Open Account

Groww Vs Finwave - Margin (Exposure)

Groww Finwave
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

Groww Vs Finwave - Features

Groww Finwave
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww Vs Finwave - Review & Rating

Groww Finwave
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Groww Vs Finwave - Request a call back from Broker

Groww Finwave
Call Back Open Account

Groww Vs Finwave - Investment Options

Groww Finwave
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Groww Vs Finwave - Order Type

Groww Finwave
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Groww Vs Finwave - Research & Report

Groww Finwave
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Groww Vs Finwave - Daily Market Report

Groww Finwave
Daily Market Reports & News
Call Back Open Account

Groww Vs Finwave - Suitable For Investor

Groww Finwave
Casual Investor
Active Investor
Trader
Call Back Open Account

Groww Vs Finwave - Pros & Cons

Groww Finwave
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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees.
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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses.
Call Back Open Account

Groww Vs Finwave - Background

Groww Finwave
Call Back Open Account

Groww Vs Finwave - Compare All Brokers

Groww Finwave
Call Back Open Account

Groww Vs Finwave - STT/CTT

Groww Finwave
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 buy & 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 Finwave - Demat transaction charges

Groww Finwave
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹18.5 + GST per scrip
Call Back Open Account

Groww Vs Finwave - GST

Groww Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Groww Vs Finwave - SEBI Charges

Groww Finwave
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Groww Vs Finwave - Account Opening & AMC Charges

Groww
Finwave
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹0 (Free)
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
 

Groww Vs Finwave

Groww Finwave
 

Groww Review | Brokerage Charges, Account Opening


Groww 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 "+ Finwave

Finwave Account Opening Process and Charges Details

Read more..

 
 

Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Finwave - Brokerage charges & Plans

Groww Finwave
Commodity Futures N/A ₹20 per order
Currency Futures N/A ₹20 per order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Commodity Options N/A ₹20 per order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Currency Options N/A ₹20 per order
Fixed Charges ₹20/ Order ₹20 per order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20 per order
Call Back Open Account

Groww Vs Finwave - Margin (Exposure)

Groww Finwave
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

Groww Vs Finwave - Other Charges

Groww Finwave
RMS Square Off Charge ₹50/ Order ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20 per order
Minimum Brokerage ₹20/ Order ₹20 per order
Call Back Open Account

Groww Vs Finwave - STT/CTT

Groww Finwave
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 buy & 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 Finwave - Demat transaction charges

Groww Finwave
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹18.5 + GST per scrip
Call Back Open Account

Groww Vs Finwave - GST

Groww Finwave
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

Groww Vs Finwave - SEBI Charges

Groww Finwave
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account

Groww Vs Finwave - Features

Groww Finwave
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Finwave