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 Vs Groww
INDmoney | Groww | |
---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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 .. |
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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 |