Groww Vs ProfitMart
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.
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs ProfitMart - Broker Details
| Groww | ProfitMart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2010 |
| Exchanges | NSE and BSE. | BSE, NSE, MCX. |
| Branches | Zero | 32 |
| Brokerage | ₹20/ Order | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Account Opening & AMC Charges
| Groww | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹999 ( Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Brokerage charges & Plans
| Groww | ProfitMart | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or ₹50/Lot |
| Commodity Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | N/A | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Other Charges
| Groww | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹2500 + GST |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Transaction Charges
| Groww | ProfitMart | |
|---|---|---|
| Currency Options | N/A | 0.00325% of Total Turnover |
| Equity Futures | NSE:- 0.002% | 0.00325% of Total Turnover |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | 0.00325% of Total Turnover |
| Equity Options | NSE:- 0.053% on premium | 0.00325% of Total Turnover |
| Commodity | N/A | 0.00325% of Total Turnover |
| Currency Futures | N/A | 0.00325% of Total Turnover |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | 0.00325% of Total Turnover |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Margin (Exposure)
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Features
| Groww | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| 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 ProfitMart - Review & Rating
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Request a call back from Broker
| Groww | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Investment Options
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Order Type
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Research & Report
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Daily Market Report
| Groww | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Suitable For Investor
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Pros & Cons
| Groww | ProfitMart | |
|---|---|---|
| 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 various offers from time to time. 2.It provides the advanced and smart trading platforms that makes trading easy and efficient. 3.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction facility. |
| 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 prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3.\tThe trading platforms are not compatible for web. 4. Average Customer Service. |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Background
| Groww | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Compare All Brokers
| Groww | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - STT/CTT
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Demat transaction charges
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - GST
| Groww | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - SEBI Charges
| Groww | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Account Opening & AMC Charges
Groww
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs ProfitMart
| Groww | ProfitMart | |
|---|---|---|
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 "+ ProfitMart |
Profitmart Review | Brokerage Charges, Account OpeningProfitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly .. |
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ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs ProfitMart - Brokerage charges & Plans
| Groww | ProfitMart | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or ₹50/Lot |
| Commodity Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | N/A | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Groww Vs ProfitMart - Margin (Exposure)
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Other Charges
| Groww | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹2500 + GST |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Groww Vs ProfitMart - STT/CTT
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - Demat transaction charges
| Groww | ProfitMart | |
|---|---|---|
| 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 ProfitMart - GST
| Groww | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
Groww Vs ProfitMart - SEBI Charges
| Groww | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs ProfitMart - Features
| Groww | ProfitMart | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |