Groww Vs Balaji Equities Ltd
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.
Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Balaji Equities Ltd - Broker Details
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Single Margin Facility |
|
Yes |
| Year of Incorporation | 2016 | 2000 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | 2.5% |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Balaji Equities Ltd - Account Opening & AMC Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹500/- |
| Demat Account AMC | ₹0 (Free) | ₹300 per year |
| Trading Account AMC | ₹0 (Free) | NA |
Groww Vs Balaji Equities Ltd - Brokerage charges & Plans
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | N/A | 2.5% |
| Currency Futures | N/A | 2.5% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Commodity Options | N/A | ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Currency Options | N/A | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
Groww Vs Balaji Equities Ltd - Other Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
Groww Vs Balaji Equities Ltd - Transaction Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Currency Options | N/A | NSE : 0.046% |
| Equity Futures | NSE:- 0.002% | 0.01% on Sell Side |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE : 0.00325% | BSE : 0.00275% |
| Equity Options | NSE:- 0.053% on premium | 0.05% on Sell Side(on Premium) |
| Commodity | N/A | MCX : 0.00260% | NCDEX : 0.00400% |
| Currency Futures | N/A | NSE : 0.00135% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE : 0.00325% | BSE : 0.00275% |
Groww Vs Balaji Equities Ltd - Margin (Exposure)
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) |
Groww Vs Balaji Equities Ltd - Features
| Groww | Balaji Equities Ltd | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Balaji Equities Ltd - Review & Rating
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Balaji Equities Ltd - Request a call back from Broker
| Groww | Balaji Equities Ltd | |
|---|---|---|
Groww Vs Balaji Equities Ltd - Investment Options
| Groww | Balaji Equities Ltd | |
|---|---|---|
| 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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Groww Vs Balaji Equities Ltd - Order Type
| Groww | Balaji Equities Ltd | |
|---|---|---|
| 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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Groww Vs Balaji Equities Ltd - Research & Report
| Groww | Balaji Equities Ltd | |
|---|---|---|
| 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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Groww Vs Balaji Equities Ltd - Daily Market Report
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Balaji Equities Ltd - Suitable For Investor
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Balaji Equities Ltd - Pros & Cons
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Pros | 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. | 1. Diverse Investment Options, 2. Excellent customer service, 3. advanced technology platforms, 4. offer educational resources and training programs to help investors enhance their financial, 5. Research and analysis tools to help investors make informed decision. |
| Cons | 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. | 1. Limited Research Coverage 2. Limited Technology Offering, 3. Limited Product Offerings, 4. Regulatory Risks. |
Groww Vs Balaji Equities Ltd - Background
| Groww | Balaji Equities Ltd | |
|---|---|---|
Groww Vs Balaji Equities Ltd - Compare All Brokers
| Groww | Balaji Equities Ltd | |
|---|---|---|
Groww Vs Balaji Equities Ltd - STT/CTT
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Balaji Equities Ltd - Demat transaction charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50 per order |
Groww Vs Balaji Equities Ltd - GST
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Groww Vs Balaji Equities Ltd - SEBI Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Balaji Equities Ltd - Account Opening & AMC Charges
Groww
Balaji Equities Ltd
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹500/-
Demat Account AMC
₹0 (Free)
₹300 per year
Trading Account AMC
₹0 (Free)
NA
Groww Vs Balaji Equities Ltd
| Groww | Balaji Equities Ltd | |
|---|---|---|
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 .. + " Vs "+ Balaji Equities Ltd |
Balaji Equities Ltd Account Opening Process and Charges Detail |
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Balaji Equities Ltd
Balaji Equities Ltd Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Balaji Equities Ltd - Brokerage charges & Plans
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | N/A | 2.5% |
| Currency Futures | N/A | 2.5% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | N/A |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Commodity Options | N/A | ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹100/Lot |
| Currency Options | N/A | ₹100/Lot |
| Fixed Charges | ₹20/ Order | 2.5% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 2.5% |
| Call Back Open Account |
Groww Vs Balaji Equities Ltd - Margin (Exposure)
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure)1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Balaji Equities Ltd - Other Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 2.5% |
| Minimum Brokerage | ₹20/ Order | 2.5% |
Groww Vs Balaji Equities Ltd - STT/CTT
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Balaji Equities Ltd - Demat transaction charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50 per order |
Groww Vs Balaji Equities Ltd - GST
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% (On Brokerage +Transaction + SEBI charges) | Equity Delivery-: 18% (On Brokerage + DP + Transaction + SEBI charges) | Commodity Future:- 18% (On Brokerage + Transaction charges + Risk management fee + SEBI Charges) | Commodity Options:- 18% (On Brokerage + SEBI charges) |
Groww Vs Balaji Equities Ltd - SEBI Charges
| Groww | Balaji Equities Ltd | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Balaji Equities Ltd - Features
| Groww | Balaji Equities Ltd | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity Cash: 3:15 PM | Equity F&O : 3:20 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. BELT Web Trading Platform, 2. BELtrade APP |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
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| Call Back Open Account |