Groww Vs Flattrade
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.
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Flattrade - Broker Details
| Groww | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2004 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX |
| Branches | Zero | 6 |
| Brokerage | ₹20/ Order | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Account Opening & AMC Charges
| Groww | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 + GST |
| 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 Flattrade - Brokerage charges & Plans
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Other Charges
| Groww | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| 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 Flattrade - Transaction Charges
| Groww | Flattrade | |
|---|---|---|
| Currency Options | N/A | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE:- 0.002% | 0.0020% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE:- 0.053% on premium | 0.053% (on premium) |
| Commodity | N/A | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | N/A | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Margin (Exposure)
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Features
| Groww | Flattrade | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Flattrade - (Share Trading App), Web Trading |
| 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 Flattrade - Review & Rating
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Request a call back from Broker
| Groww | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Investment Options
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Order Type
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Research & Report
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Daily Market Report
| Groww | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Suitable For Investor
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Pros & Cons
| Groww | Flattrade | |
|---|---|---|
| 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. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Background
| Groww | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Compare All Brokers
| Groww | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - STT/CTT
| Groww | Flattrade | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% 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 | Call Back Open Account |
Groww Vs Flattrade - Demat transaction charges
| Groww | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - GST
| Groww | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - SEBI Charges
| Groww | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Groww Vs Flattrade - Account Opening & AMC Charges
Groww
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Flattrade
| Groww | Flattrade | |
|---|---|---|
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 "+ Flattrade |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Flattrade - Brokerage charges & Plans
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Margin (Exposure)
| Groww | Flattrade | |
|---|---|---|
| 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 Flattrade - Other Charges
| Groww | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹0 (Free) |
| Minimum Brokerage | ₹20/ Order | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Flattrade - STT/CTT
| Groww | Flattrade | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% 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 Flattrade - Demat transaction charges
| Groww | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs Flattrade - GST
| Groww | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Groww Vs Flattrade - SEBI Charges
| Groww | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Flattrade - Features
| Groww | Flattrade | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |