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

Quick Comparision (Groww VS ICICI Direct)

 
 

Groww Vs ICICI Direct

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.


ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs ICICI Direct - Broker Details

Groww ICICI Direct
Single Margin Facility
Year of Incorporation 2016 1995
Exchanges NSE and BSE. BSE and NSE.
Branches Zero 250+
Brokerage ₹20/ Order Prime Plan: ₹900/-
Broker Type Discount Broker Full service Broker
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Account Opening & AMC Charges

Groww ICICI Direct
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Brokerage charges & Plans

Groww ICICI Direct
Commodity Futures N/A ₹20/ Order
Currency Futures N/A ₹20/ Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0.09%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Currency Options N/A ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Other Charges

Groww ICICI Direct
RMS Square Off Charge ₹50/ Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹50/ Order
Other Brokerage Charges ₹20/ Order or 0.05% Prime Plan: ₹900/-
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Transaction Charges

Groww ICICI Direct
Currency Options N/A Exchange turnover charge: 0.04% |Clearing charge: 0.025%
Equity Futures NSE:- 0.002% NSE: 0.002%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE: 0.00345% | BSE: 0.00345%
Equity Options NSE:- 0.053% on premium NSE: 0.053%
Commodity N/A Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures N/A Exchange turnover charge: 0.0009% | Clearing charge: 0.0004%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% 0.00345% trade on buy & sell
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Margin (Exposure)

Groww ICICI Direct
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 ICICI Direct - Features

Groww ICICI Direct
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. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Review & Rating

Groww ICICI Direct
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 ICICI Direct - Request a call back from Broker

Groww ICICI Direct
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Investment Options

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

Groww Vs ICICI Direct - Order Type

Groww ICICI Direct
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 Call Back Open Account

Groww Vs ICICI Direct - Research & Report

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

Groww Vs ICICI Direct - Daily Market Report

Groww ICICI Direct
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Suitable For Investor

Groww ICICI Direct
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Pros & Cons

Groww ICICI Direct
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 facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE.
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. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month.
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Background

Groww ICICI Direct
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Compare All Brokers

Groww ICICI Direct
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - STT/CTT

Groww ICICI Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
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 ICICI Direct - Demat transaction charges

Groww ICICI Direct
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - GST

Groww ICICI Direct
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 ICICI Direct - SEBI Charges

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

Groww Vs ICICI Direct - Account Opening & AMC Charges

Groww
ICICI Direct
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹700 (From 2nd Year) | ₹300 for Neo Customers
Trading Account AMC
₹0 (Free)
₹0 (Free)

Groww Vs ICICI Direct

Groww ICICI Direct
 

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 "+ ICICI Direct

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.
 
 

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs ICICI Direct - Brokerage charges & Plans

Groww ICICI Direct
Commodity Futures N/A ₹20/ Order
Currency Futures N/A ₹20/ Order
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0.09%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Currency Options N/A ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs ICICI Direct - Margin (Exposure)

Groww ICICI Direct
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 ICICI Direct - Other Charges

Groww ICICI Direct
RMS Square Off Charge ₹50/ Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹50/ Order
Other Brokerage Charges ₹20/ Order or 0.05% Prime Plan: ₹900/-
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account

Groww Vs ICICI Direct - STT/CTT

Groww ICICI Direct
Commodity Futures N/A 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
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 ICICI Direct - Demat transaction charges

Groww ICICI Direct
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)
Call Back Open Account

Groww Vs ICICI Direct - GST

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

Groww Vs ICICI Direct - SEBI Charges

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

Groww Vs ICICI Direct - Features

Groww ICICI Direct
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. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww

ICICI Direct