mStock Vs Groww
mStock
mStock 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.
mStock Vs Groww - Broker Details
mStock | Groww | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 2022 | 2016 |
Exchanges | NSE, BSE and MCX | NSE and BSE. |
Branches | N/A | Zero |
Brokerage | ₹0 | ₹20/ Order |
Broker Type | Discount Broker | Discount Broker |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Account Opening & AMC Charges
mStock | Groww | |
---|---|---|
Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Brokerage charges & Plans
mStock | Groww | |
---|---|---|
Commodity Futures | ₹0 | N/A |
Currency Futures | ₹0 | N/A |
Equity Delivery | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Equity Options | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Commodity Options | ₹0 | N/A |
Equity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹0 | N/A |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Other Charges
mStock | Groww | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | N/A |
Other Brokerage Charges | ₹0 (Free) | ₹20/ Order or 0.05% |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Transaction Charges
mStock | Groww | |
---|---|---|
Currency Options | NSE: Exchange txn charge: 0.035% | N/A |
Equity Futures | NSE: 0.0019% | NSE:- 0.002% |
Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE:- 0.00345% | BSE:- 0.00345% |
Equity Options | NSE: 0.050% | NSE:- 0.053% on premium |
Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | N/A |
Currency Futures | NSE: Exchange txn charge: 0.0009% | N/A |
Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE:- 0.00345% | BSE:-0.00345% |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Margin (Exposure)
mStock | 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 (100% of trade value) | 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 | Call Back Open Account |
mStock Vs Groww - Features
mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | Groww Web (Browser based trading website) , Groww Mobile Application |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Review & Rating
mStock | Groww | |
---|---|---|
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 |
mStock Vs Groww - Request a call back from Broker
mStock | Groww | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Investment Options
mStock | Groww | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Order Type
mStock | 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 | Call Back Open Account |
mStock Vs Groww - Research & Report
mStock | Groww | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Daily Market Report
mStock | Groww | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Suitable For Investor
mStock | Groww | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Pros & Cons
mStock | Groww | |
---|---|---|
Pros | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. | 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. | 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 | Call Back Open Account |
mStock Vs Groww - Background
mStock | Groww | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Compare All Brokers
mStock | Groww | |
---|---|---|
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - STT/CTT
mStock | 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 | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and 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 |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Demat transaction charges
mStock | Groww | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - GST
mStock | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% ( Brokerage + Transaction charges) |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - SEBI Charges
mStock | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Account Opening & AMC Charges
mStock Vs Groww
mStock | Groww | |
---|---|---|
mStock Review 2024mStock .. |
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.
mStock Vs Groww - Brokerage charges & Plans
mStock | Groww | |
---|---|---|
Commodity Futures | ₹0 | N/A |
Currency Futures | ₹0 | N/A |
Equity Delivery | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Equity Options | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Commodity Options | ₹0 | N/A |
Equity Futures | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Currency Options | ₹0 | N/A |
Fixed Charges | ₹0 | ₹20/ Order |
Equity Intraday | ₹0 | ₹20/ Order or 0.05% (whichever is lower) |
Call Back Open Account | Call Back Open Account |
mStock Vs Groww - Margin (Exposure)
mStock | 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 (100% of trade value) | 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 | Call Back Open Account |
mStock Vs Groww - Other Charges
mStock | Groww | |
---|---|---|
RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
API Charges | ₹0 (Free) | ₹0 (Free) |
Call & Trade Charges | ₹0 (Free) | N/A |
Other Brokerage Charges | ₹0 (Free) | ₹20/ Order or 0.05% |
Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
Call Back Open Account |
mStock Vs Groww - STT/CTT
mStock | 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 | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both Buy and 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 |
Call Back Open Account |
mStock Vs Groww - Demat transaction charges
mStock | Groww | |
---|---|---|
Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
Call Back Open Account |
mStock Vs Groww - GST
mStock | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% ( Brokerage + Transaction charges) |
Call Back Open Account |
mStock Vs Groww - SEBI Charges
mStock | Groww | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore |
Call Back Open Account |
mStock Vs Groww - Features
mStock | 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. Mstock Mobile App, 2. Mstock Web Portal | Groww Web (Browser based trading website) , Groww Mobile Application |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account | Call Back Open Account |