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Comparision (Maverick VS Groww)

 

Maverick Vs Groww

Maverick
Maverick 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.

Maverick Vs Groww - Broker Details

Maverick Groww
Single Margin Facility
Year of Incorporation 2000 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches N/A Zero
Brokerage 0.01% per order ₹20/ Order
Broker Type Full Service Broker Discount Broker

Maverick Vs Groww - Account Opening & AMC Charges

Maverick Groww
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹300 per year | ₹999 for Lifetime ₹0 (Free)
Trading Account AMC NA ₹0 (Free)

Maverick Vs Groww - Brokerage charges & Plans

Maverick Groww
Commodity Futures 0.01% per order N/A
Currency Futures 0.01% per order N/A
Equity Delivery 0.1% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options Rs. 10 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options Rs. 10 per lot N/A
Equity Futures 0.01% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options Rs. 10 per lot N/A
Fixed Charges 0.01% per order ₹20/ Order
Equity Intraday 0.01% per order ₹20/ Order or 0.05% (whichever is lower)

Maverick Vs Groww - Other Charges

Maverick Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Order N/A
Other Brokerage Charges 0.01% per order ₹20/ Order or 0.05%
Minimum Brokerage 0.01% per order ₹20/ Order

Maverick Vs Groww - Transaction Charges

Maverick Groww
Currency Options Exchange txn charge: 0.035%e N/A
Equity Futures NSE: 0.0019% NSE:- 0.002%
Equity Intraday NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE: 0.05% (on premium) NSE:- 0.053% on premium
Commodity Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% N/A
Currency Futures Exchange txn charge: 0.0009% Clearing charge: .00025% N/A
Equity Delivery NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE:- 0.00345% | BSE:-0.00345%

Maverick Vs Groww - Margin (Exposure)

Maverick Groww
Equity Options 1x (100% of Normal margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of Normal margin (Span + Exposure) N/A
Commodity Options 1x (100% of Normal margin (Span + Exposure) N/A
Commodity Futures 1x (100% of Normal margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure) N/A
Equity Futures 1x (100% of Normal margin (Span + Exposure) 1x

Maverick Vs Groww - Features

Maverick 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Maverick Vs Groww - Review & Rating

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

Maverick Vs Groww - Request a call back from Broker

Maverick Groww

Maverick Vs Groww - Investment Options

Maverick Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Maverick Vs Groww - Order Type

Maverick Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Maverick Vs Groww - Research & Report

Maverick Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Maverick Vs Groww - Daily Market Report

Maverick Groww
Daily Market Reports & News

Maverick Vs Groww - Suitable For Investor

Maverick Groww
Casual Investor
Active Investor
Trader

Maverick Vs Groww - Pros & Cons

Maverick Groww
Pros 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. 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.

Maverick Vs Groww - Background

Maverick Groww

Maverick Vs Groww - Compare All Brokers

Maverick Groww

Maverick Vs Groww - STT/CTT

Maverick Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.0625% on sell side (on premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.0125% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Maverick Vs Groww - Demat transaction charges

Maverick Groww
Equity Demat Transaction Charges Rs.20 /- ₹13.5 Gst per scrip per day only on sell

Maverick Vs Groww - GST

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

Maverick Vs Groww - SEBI Charges

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

Maverick Vs Groww - Account Opening & AMC Charges

Maverick
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per year | ₹999 for Lifetime
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
 
Call Back Open Account

Maverick Vs Groww

Maverick Groww
 

Maverick Account Opening Process and Charges Detail

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 ..
Read more..
 
 

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.

Maverick Vs Groww - Brokerage charges & Plans

Maverick Groww
Commodity Futures 0.01% per order N/A
Currency Futures 0.01% per order N/A
Equity Delivery 0.1% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options Rs. 10 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options Rs. 10 per lot N/A
Equity Futures 0.01% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options Rs. 10 per lot N/A
Fixed Charges 0.01% per order ₹20/ Order
Equity Intraday 0.01% per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Maverick Vs Groww - Margin (Exposure)

Maverick Groww
Equity Options 1x (100% of Normal margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of Normal margin (Span + Exposure) N/A
Commodity Options 1x (100% of Normal margin (Span + Exposure) N/A
Commodity Futures 1x (100% of Normal margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure) N/A
Equity Futures 1x (100% of Normal margin (Span + Exposure) 1x

Maverick Vs Groww - Other Charges

Maverick Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Order N/A
Other Brokerage Charges 0.01% per order ₹20/ Order or 0.05%
Minimum Brokerage 0.01% per order ₹20/ Order

Maverick Vs Groww - STT/CTT

Maverick Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.0625% on sell side (on premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.0125% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Maverick Vs Groww - Demat transaction charges

Maverick Groww
Equity Demat Transaction Charges Rs.20 /- ₹13.5 Gst per scrip per day only on sell

Maverick Vs Groww - GST

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

Maverick Vs Groww - SEBI Charges

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

Maverick Vs Groww - Features

Maverick 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 & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Maverick

Groww