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

Quick Comparision (INDmoney VS Groww)

 
 

INDmoney Vs Groww

INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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.

INDmoney Vs Groww - Broker Details

INDmoney Groww
Single Margin Facility
Year of Incorporation 2019 2016
Exchanges NSE, BSE and MCX NSE and BSE.
Branches 966 Zero
Brokerage 0.05% or up to ₹20/Per Order ₹20/ Order
Broker Type Discount Broker Discount Broker
Call Back Open Account

INDmoney Vs Groww - Account Opening & AMC Charges

INDmoney Groww
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

INDmoney Vs Groww - Brokerage charges & Plans

INDmoney Groww
Commodity Futures N/A N/A
Currency Futures 0.05% or up to ₹20/Per Order N/A
Equity Delivery 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options N/A N/A
Equity Futures 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options 0.05% or up to ₹20/Per Order N/A
Fixed Charges 0.05% or up to ₹20/Per Order ₹20/ Order
Equity Intraday 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

INDmoney Vs Groww - Other Charges

INDmoney Groww
RMS Square Off Charge ₹50 per position ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹50 per position N/A
Other Brokerage Charges 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05%
Minimum Brokerage 0.05% or up to ₹20/Per Order ₹20/ Order
Call Back Open Account

INDmoney Vs Groww - Transaction Charges

INDmoney Groww
Currency Options NSE: 0.035 % And | BSE: 0.001% On Options Premium Value N/A
Equity Futures NSE: 0.00195% on total turnover value NSE:- 0.002%
Equity Intraday NSE - 0.00325% | BSE- 0.00375% NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE: 0.053% on premium value NSE:- 0.053% on premium
Commodity Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN N/A
Currency Futures NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value N/A
Equity Delivery NSE - 0.00325% | BSE- 0.00375% NSE:- 0.00345% | BSE:-0.00345%
Call Back Open Account

INDmoney Vs Groww - Margin (Exposure)

INDmoney Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x(100% of NRML margin (Span + Exposure)) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account

INDmoney Vs Groww - Features

INDmoney Groww
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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. INDmoney Online Web Portal, 2. INDmoney Mobile App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

INDmoney Vs Groww - Review & Rating

INDmoney Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

INDmoney Vs Groww - Request a call back from Broker

INDmoney Groww
Call Back Open Account

INDmoney Vs Groww - Investment Options

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

INDmoney Vs Groww - Order Type

INDmoney Groww
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

INDmoney Vs Groww - Research & Report

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

INDmoney Vs Groww - Daily Market Report

INDmoney Groww
Daily Market Reports & News
Call Back Open Account

INDmoney Vs Groww - Suitable For Investor

INDmoney Groww
Casual Investor
Active Investor
Trader
Call Back Open Account

INDmoney Vs Groww - Pros & Cons

INDmoney Groww
Pros 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. 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.
Cons 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. 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.
Call Back Open Account

INDmoney Vs Groww - Background

INDmoney Groww
Call Back Open Account

INDmoney Vs Groww - Compare All Brokers

INDmoney Groww
Call Back Open Account

INDmoney Vs Groww - STT/CTT

INDmoney Groww
Commodity Futures 0.01% only on sell side Non-Agri N/A
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell (On Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% only on sell side N/A
Call Back Open Account

INDmoney Vs Groww - Demat transaction charges

INDmoney Groww
Equity Demat Transaction Charges ₹250/ per certificate ₹13.5 Gst per scrip per day only on sell
Call Back Open Account

INDmoney Vs Groww - GST

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

INDmoney Vs Groww - SEBI Charges

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

INDmoney Vs Groww - Account Opening & AMC Charges

INDmoney
Groww
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)
 

INDmoney Vs Groww

INDmoney Groww
 

INDmoney Account Opening Process, Charges, and Documentation Details

Read more..

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 ..
 
 

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.

INDmoney Vs Groww - Brokerage charges & Plans

INDmoney Groww
Commodity Futures N/A N/A
Currency Futures 0.05% or up to ₹20/Per Order N/A
Equity Delivery 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Equity Options 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options N/A N/A
Equity Futures 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Currency Options 0.05% or up to ₹20/Per Order N/A
Fixed Charges 0.05% or up to ₹20/Per Order ₹20/ Order
Equity Intraday 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

INDmoney Vs Groww - Margin (Exposure)

INDmoney Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x(100% of NRML margin (Span + Exposure)) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account

INDmoney Vs Groww - Other Charges

INDmoney Groww
RMS Square Off Charge ₹50 per position ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹50 per position N/A
Other Brokerage Charges 0.05% or up to ₹20/Per Order ₹20/ Order or 0.05%
Minimum Brokerage 0.05% or up to ₹20/Per Order ₹20/ Order

INDmoney Vs Groww - STT/CTT

INDmoney Groww
Commodity Futures 0.01% only on sell side Non-Agri N/A
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell (On Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% only on sell side N/A

INDmoney Vs Groww - Demat transaction charges

INDmoney Groww
Equity Demat Transaction Charges ₹250/ per certificate ₹13.5 Gst per scrip per day only on sell

INDmoney Vs Groww - GST

INDmoney Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

INDmoney Vs Groww - SEBI Charges

INDmoney Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

INDmoney Vs Groww - Features

INDmoney Groww
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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. INDmoney Online Web Portal, 2. INDmoney Mobile App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

INDmoney

Groww