Progressive Share Brokers Vs Groww
Progressive Share Brokers
Progressive Share Brokers 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.
Progressive Share Brokers Vs Groww - Broker Details
| Progressive Share Brokers | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1996 | 2016 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE and BSE. |
| Branches | 3 | Zero |
| Brokerage | 0.04% per order | ₹20/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Account Opening & AMC Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) |
| Trading Account AMC | NA | ₹0 (Free) |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Brokerage charges & Plans
| Progressive Share Brokers | Groww | |
|---|---|---|
| Commodity Futures | 0.04% per order | N/A |
| Currency Futures | 0.04% per order | N/A |
| Equity Delivery | 0.35% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹35 per lot | N/A |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹15 per lot | N/A |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Other Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Transaction Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | 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% |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Margin (Exposure)
| Progressive Share Brokers | 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 |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Features
| Progressive Share Brokers | Groww | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Progressive Share Brokers Vs Groww - Review & Rating
| Progressive Share Brokers | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Request a call back from Broker
| Progressive Share Brokers | Groww | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Investment Options
| Progressive Share Brokers | Groww | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs Groww - Order Type
| Progressive Share Brokers | Groww | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs Groww - Research & Report
| Progressive Share Brokers | Groww | |
|---|---|---|
| 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 |
Progressive Share Brokers Vs Groww - Daily Market Report
| Progressive Share Brokers | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Progressive Share Brokers Vs Groww - Suitable For Investor
| Progressive Share Brokers | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Progressive Share Brokers Vs Groww - Pros & Cons
| Progressive Share Brokers | Groww | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 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 |
Progressive Share Brokers Vs Groww - Background
| Progressive Share Brokers | Groww | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Compare All Brokers
| Progressive Share Brokers | Groww | |
|---|---|---|
| Call Back Open Account |
Progressive Share Brokers Vs Groww - STT/CTT
| Progressive Share Brokers | 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 |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Demat transaction charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - GST
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - SEBI Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Account Opening & AMC Charges
Progressive Share Brokers
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free)
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs Groww
| Progressive Share Brokers | Groww | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
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.
Progressive Share Brokers Vs Groww - Brokerage charges & Plans
| Progressive Share Brokers | Groww | |
|---|---|---|
| Commodity Futures | 0.04% per order | N/A |
| Currency Futures | 0.04% per order | N/A |
| Equity Delivery | 0.35% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹35 per lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹35 per lot | N/A |
| Equity Futures | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹15 per lot | N/A |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Margin (Exposure)
| Progressive Share Brokers | 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 |
| Call Back Open Account |
Progressive Share Brokers Vs Groww - Other Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | N/A |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs Groww - STT/CTT
| Progressive Share Brokers | 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 |
Progressive Share Brokers Vs Groww - Demat transaction charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | ₹13.5 Gst per scrip per day only on sell |
Progressive Share Brokers Vs Groww - GST
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Progressive Share Brokers Vs Groww - SEBI Charges
| Progressive Share Brokers | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Progressive Share Brokers Vs Groww - Features
| Progressive Share Brokers | 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |