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

Quick Comparision (Groww VS Sharekhan)

 
 

Groww Vs Sharekhan

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.


Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Groww Vs Sharekhan - Broker Details

Groww Sharekhan
Single Margin Facility
Year of Incorporation 2016 2000
Exchanges NSE and BSE. NSE, BSE, MCX and NCDEX.
Branches Zero 153+
Brokerage ₹20/ Order 0.03%
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Account Opening & AMC Charges

Groww Sharekhan
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹400 (from 2nd year)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Brokerage charges & Plans

Groww Sharekhan
Commodity Futures N/A 0.03% per transaction value
Currency Futures N/A 0.03% per transaction value
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.30% on market rate or minimum 10 paisa per share
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹60/ Lot
Commodity Options N/A ₹60/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% per transaction value
Currency Options N/A ₹20/ Lot
Fixed Charges ₹20/ Order ₹1,00,000/ Year
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% per transaction value
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Other Charges

Groww Sharekhan
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹1,00,000/ Year
Minimum Brokerage ₹20/ Order 0.10%
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Transaction Charges

Groww Sharekhan
Currency Options N/A NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE:- 0.002% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE:- 0.053% on premium NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity N/A MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures N/A NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Margin (Exposure)

Groww Sharekhan
Equity Options 1x 1 time (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 Sharekhan - Features

Groww Sharekhan
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Review & Rating

Groww Sharekhan
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 Sharekhan - Request a call back from Broker

Groww Sharekhan
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Investment Options

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

Groww Vs Sharekhan - Order Type

Groww Sharekhan
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 Sharekhan - Research & Report

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

Groww Vs Sharekhan - Daily Market Report

Groww Sharekhan
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Suitable For Investor

Groww Sharekhan
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Pros & Cons

Groww Sharekhan
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 offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade 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 does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities.
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Background

Groww Sharekhan
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Compare All Brokers

Groww Sharekhan
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - STT/CTT

Groww Sharekhan
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
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 Sharekhan - Demat transaction charges

Groww Sharekhan
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - GST

Groww Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% (on brokerage + transaction charges)
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - SEBI Charges

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

Groww Vs Sharekhan - Account Opening & AMC Charges

Groww
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 (from 2nd year)
Trading Account AMC
₹0 (Free)
₹0 (Free)

Groww Vs Sharekhan

Groww Sharekhan
 

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 "+ Sharekhan

Sharekhan Review | Brokerage Charges, Account Opening

Sharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie ..
 
 

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.

Groww Vs Sharekhan - Brokerage charges & Plans

Groww Sharekhan
Commodity Futures N/A 0.03% per transaction value
Currency Futures N/A 0.03% per transaction value
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.30% on market rate or minimum 10 paisa per share
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹60/ Lot
Commodity Options N/A ₹60/ Lot
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% per transaction value
Currency Options N/A ₹20/ Lot
Fixed Charges ₹20/ Order ₹1,00,000/ Year
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% per transaction value
Call Back Open Account Call Back Open Account

Groww Vs Sharekhan - Margin (Exposure)

Groww Sharekhan
Equity Options 1x 1 time (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 Sharekhan - Other Charges

Groww Sharekhan
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ₹1,00,000/ Year
Minimum Brokerage ₹20/ Order 0.10%
Call Back Open Account

Groww Vs Sharekhan - STT/CTT

Groww Sharekhan
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
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 Sharekhan - Demat transaction charges

Groww Sharekhan
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹0 (Free)
Call Back Open Account

Groww Vs Sharekhan - GST

Groww Sharekhan
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% (on brokerage + transaction charges)
Call Back Open Account

Groww Vs Sharekhan - SEBI Charges

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

Groww Vs Sharekhan - Features

Groww Sharekhan
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app)
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww

Sharekhan