Groww Vs Hensex Securities
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.
Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Hensex Securities - Broker Details
| Groww | Hensex Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2000-2001 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | 10+ |
| Brokerage | ₹20/ Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Groww Vs Hensex Securities - Account Opening & AMC Charges
| Groww | Hensex Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Hensex Securities - Brokerage charges & Plans
| Groww | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | ₹20/ Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Call Back Open Account |
Groww Vs Hensex Securities - Other Charges
| Groww | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20 per executed order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | ₹20/ Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Call Back Open Account |
Groww Vs Hensex Securities - Transaction Charges
| Groww | Hensex Securities | |
|---|---|---|
| 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 | Commodity Futures- 0.0026% | Commodity option- 0.05% |
| 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 Hensex Securities - Margin (Exposure)
| Groww | Hensex Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Hensex Securities - Features
| Groww | Hensex Securities | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Hensex Securities - Review & Rating
| Groww | Hensex Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Hensex Securities - Request a call back from Broker
| Groww | Hensex Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Hensex Securities - Investment Options
| Groww | Hensex Securities | |
|---|---|---|
| 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 |
Groww Vs Hensex Securities - Order Type
| Groww | Hensex Securities | |
|---|---|---|
| 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 |
Groww Vs Hensex Securities - Research & Report
| Groww | Hensex Securities | |
|---|---|---|
| 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 |
Groww Vs Hensex Securities - Daily Market Report
| Groww | Hensex Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Hensex Securities - Suitable For Investor
| Groww | Hensex Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Hensex Securities - Pros & Cons
| Groww | Hensex Securities | |
|---|---|---|
| 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. Hensex broker offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Hensex broker offers advanced trading platforms and tools, 4.They provide research and analysis to assist investors in making informed decisions, 5. Hensex broker offers reliable customer support and assistance. |
| 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. Hensex broker may have higher account maintenance fees or minimum balance requirements, 2. They might have limited accessibility or availability in certain regions, 3. Hensex broker may lack certain advanced features or tools compared to other brokers, 4. They may have a smaller network or fewer branch locations, 5. Hensex broker may not offer certain specialized investment options or services. |
| Call Back Open Account |
Groww Vs Hensex Securities - Background
| Groww | Hensex Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Hensex Securities - Compare All Brokers
| Groww | Hensex Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs Hensex Securities - STT/CTT
| Groww | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on the sell side |
| 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 the sell side |
| 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 the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
| Call Back Open Account |
Groww Vs Hensex Securities - Demat transaction charges
| Groww | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹25/- per scrip (excluding GST) |
| Call Back Open Account |
Groww Vs Hensex Securities - GST
| Groww | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Hensex Securities - SEBI Charges
| Groww | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Hensex Securities - Account Opening & AMC Charges
Groww
Hensex Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
First Year Free (After ₹250 -/- per year for indivusual) | First Year Free (After ₹2000 -/- per year for Corporate)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Hensex Securities
| Groww | Hensex Securities | |
|---|---|---|
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 "+ Hensex Securities |
Hensex Securities Review 2024 |
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Hensex Securities
Hensex Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Hensex Securities - Brokerage charges & Plans
| Groww | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹40 or 0.10 per order |
| Currency Futures | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.50% per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Commodity Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Currency Options | N/A | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- ₹100 per lot |
| Fixed Charges | ₹20/ Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Call Back Open Account |
Groww Vs Hensex Securities - Margin (Exposure)
| Groww | Hensex Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Hensex Securities - Other Charges
| Groww | Hensex Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20 per executed order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Minimum Brokerage | ₹20/ Order | Basic- ₹20 per order | Premium- ₹40 or 0.10 per order | Advance- Up to 0.05% per order |
| Call Back Open Account |
Groww Vs Hensex Securities - STT/CTT
| Groww | Hensex Securities | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on the sell side |
| 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 the sell side |
| 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 the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
| Call Back Open Account |
Groww Vs Hensex Securities - Demat transaction charges
| Groww | Hensex Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹25/- per scrip (excluding GST) |
| Call Back Open Account |
Groww Vs Hensex Securities - GST
| Groww | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Hensex Securities - SEBI Charges
| Groww | Hensex Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Hensex Securities - Features
| Groww | Hensex Securities | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Hensex Web, 2. Hensex Wave(Hensez E-trade), 3. Hensex Diet, 4. Hensex MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |