Groww Vs CIL Securities
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.
CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs CIL Securities - Broker Details
| Groww | CIL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1989 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs CIL Securities - Account Opening & AMC Charges
| Groww | CIL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 from 2nd Year ( 1st Year Free) |
| Trading Account AMC | ₹0 (Free) | ₹1000 from 2nd Year ( 1st Year Free) |
Groww Vs CIL Securities - Brokerage charges & Plans
| Groww | CIL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20 per order |
| Currency Futures | N/A | ₹20 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Commodity Options | N/A | ₹20 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Currency Options | N/A | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
Groww Vs CIL Securities - Other Charges
| Groww | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
Groww Vs CIL Securities - Transaction Charges
| Groww | CIL Securities | |
|---|---|---|
| Currency Options | N/A | 0.057% |
| Equity Futures | NSE:- 0.002% | 0.0032% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | 0.0032% |
| Equity Options | NSE:- 0.053% on premium | 0.00323% |
| Commodity | N/A | N/A |
| Currency Futures | N/A | 0.00240% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | 0.0032% |
Groww Vs CIL Securities - Margin (Exposure)
| Groww | CIL Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
Groww Vs CIL Securities - Features
| Groww | CIL Securities | |
|---|---|---|
| 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: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs CIL Securities - Review & Rating
| Groww | CIL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs CIL Securities - Request a call back from Broker
| Groww | CIL Securities | |
|---|---|---|
Groww Vs CIL Securities - Investment Options
| Groww | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Order Type
| Groww | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Research & Report
| Groww | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Daily Market Report
| Groww | CIL Securities | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs CIL Securities - Suitable For Investor
| Groww | CIL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs CIL Securities - Pros & Cons
| Groww | CIL Securities | |
|---|---|---|
| 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. Access to professional expertise, 3. Potential for higher returns, 4. Liquidity in some securities, 5. Portfolio diversification, 6. Ability to trade on stock exchanges. |
| 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. Market volatility and risk, 2. Lack of guaranteed returns, 3. Limited control over individual securities, 4. Not suitable for short-term goals. |
Groww Vs CIL Securities - Background
| Groww | CIL Securities | |
|---|---|---|
Groww Vs CIL Securities - Compare All Brokers
| Groww | CIL Securities | |
|---|---|---|
Groww Vs CIL Securities - STT/CTT
| Groww | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Demat transaction charges
| Groww | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
Groww Vs CIL Securities - GST
| Groww | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs CIL Securities - SEBI Charges
| Groww | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs CIL Securities - Account Opening & AMC Charges
Groww
CIL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 from 2nd Year ( 1st Year Free)
Trading Account AMC
₹0 (Free)
₹1000 from 2nd Year ( 1st Year Free)
Groww Vs CIL Securities
| Groww | CIL Securities | |
|---|---|---|
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 "+ CIL Securities |
CIL Securities Account Opening Charges and Required Documents Details |
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CIL Securities
CIL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs CIL Securities - Brokerage charges & Plans
| Groww | CIL Securities | |
|---|---|---|
| Commodity Futures | N/A | ₹20 per order |
| Currency Futures | N/A | ₹20 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Commodity Options | N/A | ₹20 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Currency Options | N/A | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per order |
| Call Back Open Account |
Groww Vs CIL Securities - Margin (Exposure)
| Groww | CIL Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs CIL Securities - Other Charges
| Groww | CIL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
Groww Vs CIL Securities - STT/CTT
| Groww | CIL Securities | |
|---|---|---|
| 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 CIL Securities - Demat transaction charges
| Groww | CIL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
Groww Vs CIL Securities - GST
| Groww | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs CIL Securities - SEBI Charges
| Groww | CIL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs CIL Securities - Features
| Groww | CIL Securities | |
|---|---|---|
| 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: 03:20 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. CIL Securities Aero Web, 2. CIL Securities Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |