Groww Vs SBICAP 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.
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Groww Vs SBICAP Securities - Broker Details
| Groww | SBICAP Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2016 | 1986 |
| Exchanges | NSE and BSE. | NSE, BSE |
| Branches | Zero | 141+ |
| Brokerage | ₹20/ Order | 0.075% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Groww Vs SBICAP Securities - Account Opening & AMC Charges
| Groww | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹850/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs SBICAP Securities - Brokerage charges & Plans
| Groww | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | N/A | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.075% | Delivery:- 0.50% |
| Call Back Open Account |
Groww Vs SBICAP Securities - Other Charges
| Groww | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹10/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
Groww Vs SBICAP Securities - Transaction Charges
| Groww | SBICAP Securities | |
|---|---|---|
| Currency Options | N/A | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE:- 0.002% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE:- 0.053% on premium | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | N/A | N/A |
| Currency Futures | N/A | 0.002206% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00386% | BSE: 0.00384% |
| Call Back Open Account |
Groww Vs SBICAP Securities - Margin (Exposure)
| Groww | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Features
| Groww | SBICAP 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
Groww Vs SBICAP Securities - Review & Rating
| Groww | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs SBICAP Securities - Request a call back from Broker
| Groww | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs SBICAP Securities - Investment Options
| Groww | SBICAP Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
Groww Vs SBICAP Securities - Order Type
| Groww | SBICAP Securities | |
|---|---|---|
| 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 |
Groww Vs SBICAP Securities - Research & Report
| Groww | SBICAP Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
Groww Vs SBICAP Securities - Daily Market Report
| Groww | SBICAP Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
Groww Vs SBICAP Securities - Suitable For Investor
| Groww | SBICAP Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
Groww Vs SBICAP Securities - Pros & Cons
| Groww | SBICAP 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. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| 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.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
| Call Back Open Account |
Groww Vs SBICAP Securities - Background
| Groww | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs SBICAP Securities - Compare All Brokers
| Groww | SBICAP Securities | |
|---|---|---|
| Call Back Open Account |
Groww Vs SBICAP Securities - STT/CTT
| Groww | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Demat transaction charges
| Groww | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs SBICAP Securities - GST
| Groww | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Groww Vs SBICAP Securities - SEBI Charges
| Groww | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs SBICAP Securities - Account Opening & AMC Charges
Groww
SBICAP Securities
Trading Account Opening Charge
₹0 (Free)
₹850/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹750 (₹500/- for e-statement)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs SBICAP Securities
| Groww | SBICAP 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 "+ SBICAP Securities |
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
|
|
|
|
|
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Groww Vs SBICAP Securities - Brokerage charges & Plans
| Groww | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | N/A | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | N/A | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | ₹20/ Order | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Intraday:- 0.075% | Delivery:- 0.50% |
| Call Back Open Account |
Groww Vs SBICAP Securities - Margin (Exposure)
| Groww | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Other Charges
| Groww | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹10/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
Groww Vs SBICAP Securities - STT/CTT
| Groww | SBICAP Securities | |
|---|---|---|
| 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 SBICAP Securities - Demat transaction charges
| Groww | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs SBICAP Securities - GST
| Groww | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| Call Back Open Account |
Groww Vs SBICAP Securities - SEBI Charges
| Groww | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs SBICAP Securities - Features
| Groww | SBICAP 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |