Groww Vs Trustline
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.
Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
Groww Vs Trustline - Broker Details
| Groww | Trustline | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1995 |
| Exchanges | NSE and BSE. | BSE, NSE, MCX, NCDEX |
| Branches | Zero | 400+ |
| Brokerage | ₹20/ Order | ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs Trustline - Account Opening & AMC Charges
| Groww | Trustline | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹590/- (Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Groww Vs Trustline - Brokerage charges & Plans
| Groww | Trustline | |
|---|---|---|
| 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 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% (whichever is lower) |
| 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 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Groww Vs Trustline - Other Charges
| Groww | Trustline | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
Groww Vs Trustline - Transaction Charges
| Groww | Trustline | |
|---|---|---|
| Currency Options | N/A | NSE ₹4000/Cr (on premium) (0.04%) | BSE ₹1500 |
| Equity Futures | NSE:- 0.002% | NSE ₹190/Cr (0.0019%) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
| Equity Options | NSE:- 0.053% on premium | NSE ₹5000/Cr (0.05%) |
| Commodity | N/A | MCX ₹260/Cr (0.0026%) | NCDEX ₹600/Cr (0.006%) |
| Currency Futures | N/A | NSE ₹90/Cr (0.0009%) | BSE ₹18/Cr (0.00018%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325/Cr | BSE ₹1.5/Trade (each side) |
| Call Back Open Account |
Groww Vs Trustline - Margin (Exposure)
| Groww | Trustline | |
|---|---|---|
| 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 Trustline - Features
| Groww | Trustline | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Trustline - Review & Rating
| Groww | Trustline | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Trustline - Request a call back from Broker
| Groww | Trustline | |
|---|---|---|
| Call Back Open Account |
Groww Vs Trustline - Investment Options
| Groww | Trustline | |
|---|---|---|
| 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 Trustline - Order Type
| Groww | Trustline | |
|---|---|---|
| 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 Trustline - Research & Report
| Groww | Trustline | |
|---|---|---|
| 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 Trustline - Daily Market Report
| Groww | Trustline | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Trustline - Suitable For Investor
| Groww | Trustline | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Trustline - Pros & Cons
| Groww | Trustline | |
|---|---|---|
| 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.Trustline Securities is a financial services provider since 1989. The broker has over 400 branches. 2.After trading hours and GTC orders are available. 3.Online customers get free trading software’s including Website, Mobile App and Trading Terminal. 4.No extra charges for intraday or expiry positions closed by the broker 5.Advance order types i.e. Cover Orders are available to all customers. |
| 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 provide a three-in one demat account. 2.Trading API's are not available to retail customers. 3.Higher demat changes in comparison to other discount brokers. |
| Call Back Open Account |
Groww Vs Trustline - Background
| Groww | Trustline | |
|---|---|---|
| Call Back Open Account |
Groww Vs Trustline - Compare All Brokers
| Groww | Trustline | |
|---|---|---|
| Call Back Open Account |
Groww Vs Trustline - STT/CTT
| Groww | Trustline | |
|---|---|---|
| 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 buy & 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 Trustline - Demat transaction charges
| Groww | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Groww Vs Trustline - GST
| Groww | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% of (Brokerage + Transaction Charges) |
| Call Back Open Account |
Groww Vs Trustline - SEBI Charges
| Groww | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Trustline - Account Opening & AMC Charges
Groww
Trustline
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹590/- (Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Trustline
| Groww | Trustline | |
|---|---|---|
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 "+ Trustline |
Trustline Review | Brokerage Charges, Account OpeningThe markets are generally unpredictable, one person buys and another person sells and both think they are astute. Stock market is full of economic adventures from where you will get the latest news and knowledge of every corner & industry of the world. The broker acts as a mediator between the investor and the stock market. It .. |
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Trustline
Trustline Review gives an overall view and updates about the Trustline Brokerage Charges, Trustline Margin, Trustline Trading Software 2024, Trustline Demat Account Charges and it also gives an overview on Trustline NRI Account, Trustline Branches, Trustline Customer Complaints, Trustline Presence in India, Trustline Research and Recommendation Facility as well as offers a wide range of financial products through Indira Securities website and mobile application
Groww Vs Trustline - Brokerage charges & Plans
| Groww | Trustline | |
|---|---|---|
| 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 0.03% (whichever is lower) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% (whichever is lower) |
| 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 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order or 0.03% (whichever is lower) |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Groww Vs Trustline - Margin (Exposure)
| Groww | Trustline | |
|---|---|---|
| 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 Trustline - Other Charges
| Groww | Trustline | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/Order |
| Call Back Open Account |
Groww Vs Trustline - STT/CTT
| Groww | Trustline | |
|---|---|---|
| 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 buy & 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 Trustline - Demat transaction charges
| Groww | Trustline | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
| Call Back Open Account |
Groww Vs Trustline - GST
| Groww | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% of (Brokerage + Transaction Charges) |
| Call Back Open Account |
Groww Vs Trustline - SEBI Charges
| Groww | Trustline | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Trustline - Features
| Groww | Trustline | |
|---|---|---|
| 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.T5 Web- Website Trading Platform 2.Trust Power- Desktop Trading Software 3.Trust Mobile- Mobile Trading Power |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |