Groww Vs Prostocks
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.
Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Prostocks - Broker Details
| Groww | Prostocks | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2016 |
| Exchanges | NSE and BSE. | BSE and NSE |
| Branches | Zero | 2 |
| Brokerage | ₹20/ Order | ₹15/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
Groww Vs Prostocks - Account Opening & AMC Charges
| Groww | Prostocks | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| 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 |
Groww Vs Prostocks - Brokerage charges & Plans
| Groww | Prostocks | |
|---|---|---|
| Commodity Futures | N/A | ₹15/ Order |
| Currency Futures | N/A | ₹15/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Commodity Options | N/A | ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Currency Options | N/A | ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Call Back Open Account |
Groww Vs Prostocks - Other Charges
| Groww | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | N/A | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
| Call Back Open Account |
Groww Vs Prostocks - Transaction Charges
| Groww | Prostocks | |
|---|---|---|
| Currency Options | N/A | NSE ₹4,000/Cr | BSE ₹100/Cr |
| Equity Futures | NSE:- 0.002% | NSE ₹200/Cr | BSE ₹50/Cr |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹345/Cr | BSE ₹345/Cr |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5,300/Cr | BSE ₹2,500/Cr |
| Commodity | N/A | N/A |
| Currency Futures | N/A | NSE ₹90/Cr | BSE ₹22/Cr |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹345/Cr | BSE ₹345/Cr |
| Call Back Open Account |
Groww Vs Prostocks - Margin (Exposure)
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Features
| Groww | Prostocks | |
|---|---|---|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Prostocks - Review & Rating
| Groww | Prostocks | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Prostocks - Request a call back from Broker
| Groww | Prostocks | |
|---|---|---|
| Call Back Open Account |
Groww Vs Prostocks - Investment Options
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Order Type
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Research & Report
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Daily Market Report
| Groww | Prostocks | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Prostocks - Suitable For Investor
| Groww | Prostocks | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Prostocks - Pros & Cons
| Groww | Prostocks | |
|---|---|---|
| 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.The Demat account opens with ₹0 AMC on paying a one-time refundable deposit of ₹1000. 2. It charges low transaction charge. 3. It provides the online IPO application facility. 4. It provides the best and fully functional trading platforms in the industry. 5. It provides exceptionally the best customer services. 6. It provides 24*7 customer service by using the Advance Interactive Voice Response. |
| 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. ProStocks does not provide 3-in-1 account as they don’t provide banking services. 2. There is no commodity trading facility. 3.Average Customer Service. |
| Call Back Open Account |
Groww Vs Prostocks - Background
| Groww | Prostocks | |
|---|---|---|
| Call Back Open Account |
Groww Vs Prostocks - Compare All Brokers
| Groww | Prostocks | |
|---|---|---|
| Call Back Open Account |
Groww Vs Prostocks - STT/CTT
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Demat transaction charges
| Groww | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + Gst per scrip per day only on sell |
| Call Back Open Account |
Groww Vs Prostocks - GST
| Groww | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
| Call Back Open Account |
Groww Vs Prostocks - SEBI Charges
| Groww | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Prostocks - Account Opening & AMC Charges
Groww
Prostocks
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Prostocks
| Groww | Prostocks | |
|---|---|---|
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 "+ Prostocks |
ProStocks Review | Brokerage Charges, Account OpeningProstocks is the Mumbai-based online stock broker that was incorporated in 2016. And It is a complete online broking company that offers convenient trading at the very economical rates. Prostocks review offers its trading services in Equity Delivery, Equity Intraday, Equity Derivatives (F&O) and Currency Derivatives across NSE and BSE m .. |
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Prostocks
Prostocks Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Prostocks Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Prostocks - Brokerage charges & Plans
| Groww | Prostocks | |
|---|---|---|
| Commodity Futures | N/A | ₹15/ Order |
| Currency Futures | N/A | ₹15/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Commodity Options | N/A | ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Currency Options | N/A | ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹15/ Order |
| Call Back Open Account |
Groww Vs Prostocks - Margin (Exposure)
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Other Charges
| Groww | Prostocks | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| API Charges | ₹0 (Free) | ₹1000/Month |
| Call & Trade Charges | N/A | Intraday( F&O):- ₹10/Trade | Delivery:- ₹25/Trade |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
| Call Back Open Account |
Groww Vs Prostocks - STT/CTT
| Groww | Prostocks | |
|---|---|---|
| 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 Prostocks - Demat transaction charges
| Groww | Prostocks | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + Gst per scrip per day only on sell |
| Call Back Open Account |
Groww Vs Prostocks - GST
| Groww | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on Brokerage + Exchange Transaction Charges + SEBI Charges | Currency:- 18% on Brokerage + Exchange Transaction Charges |
| Call Back Open Account |
Groww Vs Prostocks - SEBI Charges
| Groww | Prostocks | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Prostocks - Features
| Groww | Prostocks | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| 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:- 03:15 pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. ProStocks Desktop (Installable Trading Platform). 2. ProStocks Web (Web-based Platform). 3. ProStocks Mobile (Mobile Trading App). 4. NSE Now. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |