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Comparision (Groww VS Definedge Securities)

 

Groww Vs Definedge 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.

Definedge Securities

Groww Vs Definedge Securities - Broker Details

Groww Definedge Securities
Single Margin Facility
Year of Incorporation 2016 2015
Exchanges NSE and BSE. NSE, BSE, MCX and NCDEX.
Branches Zero 270
Brokerage ₹20/ Order ₹18 per executed order
Broker Type Discount Broker Discount Broker

Groww Vs Definedge Securities - Account Opening & AMC Charges

Groww Definedge Securities
Trading Account Opening Charge ₹0 (Free) ₹180
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹300
Trading Account AMC ₹0 (Free) ₹300 AMC

Groww Vs Definedge Securities - Brokerage charges & Plans

Groww Definedge Securities
Commodity Futures N/A 0.03% or ₹18 per executed order whichever is lower
Currency Futures N/A 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹18 per executed order
Commodity Options N/A ₹18 per executed order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Options N/A ₹18 per executed order
Fixed Charges ₹20/ Order ₹18 per executed order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹ 18 per executed order whichever is lower

Groww Vs Definedge Securities - Other Charges

Groww Definedge Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹36/- per order
Other Brokerage Charges ₹20/ Order or 0.05% ₹18 per executed order
Minimum Brokerage ₹20/ Order ₹18 per executed order

Groww Vs Definedge Securities - Transaction Charges

Groww Definedge Securities
Currency Options N/A NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium)
Equity Futures NSE:- 0.002% NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side)
Equity Options NSE:- 0.053% on premium NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium)
Commodity N/A MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%)
Currency Futures N/A NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%)
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side)

Groww Vs Definedge Securities - Margin (Exposure)

Groww Definedge 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 Definedge Securities - Features

Groww Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Definedge Securities - Review & Rating

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

Groww Vs Definedge Securities - Request a call back from Broker

Groww Definedge Securities

Groww Vs Definedge Securities - Investment Options

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

Groww Vs Definedge Securities - Order Type

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

Groww Vs Definedge Securities - Research & Report

Groww Definedge Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Definedge Securities - Daily Market Report

Groww Definedge Securities
Daily Market Reports & News

Groww Vs Definedge Securities - Suitable For Investor

Groww Definedge Securities
Casual Investor
Active Investor
Trader

Groww Vs Definedge Securities - Pros & Cons

Groww Definedge 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support.
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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners.

Groww Vs Definedge Securities - Background

Groww Definedge Securities

Groww Vs Definedge Securities - Compare All Brokers

Groww Definedge Securities

Groww Vs Definedge Securities - STT/CTT

Groww Definedge 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
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 Definedge Securities - Demat transaction charges

Groww Definedge Securities
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹0 (Free)

Groww Vs Definedge Securities - GST

Groww Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% (on brokerage + transaction charges)

Groww Vs Definedge Securities - SEBI Charges

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

Groww Vs Definedge Securities - Account Opening & AMC Charges

Groww
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
 
Call Back Open Account

Groww Vs Definedge Securities

Groww Definedge Securities
 

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 ..
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Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms

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Definedge Securities

Groww Vs Definedge Securities - Brokerage charges & Plans

Groww Definedge Securities
Commodity Futures N/A 0.03% or ₹18 per executed order whichever is lower
Currency Futures N/A 0.03% or ₹18 per executed order whichever is lower
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹18 per executed order
Commodity Options N/A ₹18 per executed order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹18 per executed order whichever is lower
Currency Options N/A ₹18 per executed order
Fixed Charges ₹20/ Order ₹18 per executed order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03% or ₹ 18 per executed order whichever is lower
Call Back Open Account

Groww Vs Definedge Securities - Margin (Exposure)

Groww Definedge 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 Definedge Securities - Other Charges

Groww Definedge Securities
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹36/- per order
Other Brokerage Charges ₹20/ Order or 0.05% ₹18 per executed order
Minimum Brokerage ₹20/ Order ₹18 per executed order

Groww Vs Definedge Securities - STT/CTT

Groww Definedge 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
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 Definedge Securities - Demat transaction charges

Groww Definedge Securities
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹0 (Free)

Groww Vs Definedge Securities - GST

Groww Definedge Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% (on brokerage + transaction charges)

Groww Vs Definedge Securities - SEBI Charges

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

Groww Vs Definedge Securities - Features

Groww Definedge 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 & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Definedge Securities