Groww Vs Dhan
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.
Dhan
Dhan Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Dhan - Broker Details
| Groww | Dhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2021 |
| Exchanges | NSE and BSE. | NSE, BSE, MCX and NCDEX |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order | ₹20 or 0.03% per completed order |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Dhan - Account Opening & AMC Charges
| Groww | Dhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Dhan - Brokerage charges & Plans
| Groww | Dhan | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | N/A | ₹20 or 0.03% per completed order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 Zero Brokerage (Equity Delivery |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per completed order |
| Commodity Options | N/A | ₹20 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Options | N/A | ₹20 per completed order |
| Fixed Charges | ₹20/ Order | ₹20 or 0.03% per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
Groww Vs Dhan - Other Charges
| Groww | Dhan | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 or 0.03% per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 or 0.03% per completed order |
Groww Vs Dhan - Transaction Charges
| Groww | Dhan | |
|---|---|---|
| Currency Options | N/A | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | NSE:- 0.002% | NSE: 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | BSE: 0.00375% | NSE: 0.00345% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.053% |
| Commodity | N/A | 0.05% | Future - Group A, B : 0.0026% |
| Currency Futures | N/A | NSE: 0.0009% | BSE: 0.00022% | Intrest Rate Derivatives: 0.00015% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | BSE: 0.00375% | NSE: 0.00345% |
Groww Vs Dhan - Margin (Exposure)
| Groww | Dhan | |
|---|---|---|
| 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)) |
Groww Vs Dhan - Features
| Groww | Dhan | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Dhan - Review & Rating
| Groww | Dhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Dhan - Request a call back from Broker
| Groww | Dhan | |
|---|---|---|
Groww Vs Dhan - Investment Options
| Groww | Dhan | |
|---|---|---|
| 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 Dhan - Order Type
| Groww | Dhan | |
|---|---|---|
| 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 Dhan - Research & Report
| Groww | Dhan | |
|---|---|---|
| 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 Dhan - Daily Market Report
| Groww | Dhan | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Dhan - Suitable For Investor
| Groww | Dhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Dhan - Pros & Cons
| Groww | Dhan | |
|---|---|---|
| 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. Wide range of investment options, 2. Competitive fees and commissions, 3. Robust research and analysis tools, 4. User-friendly trading platform, 5. Strong customer support services |
| 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 availability of certain investment options, 2. Inconsistent customer service experiences, 3. Occasional technical issues with the trading platform, 4. Lack of advanced trading, features for experienced investors, 5. Higher account minimums or fees compared to other brokers |
Groww Vs Dhan - Background
| Groww | Dhan | |
|---|---|---|
Groww Vs Dhan - Compare All Brokers
| Groww | Dhan | |
|---|---|---|
Groww Vs Dhan - STT/CTT
| Groww | Dhan | |
|---|---|---|
| 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 Dhan - Demat transaction charges
| Groww | Dhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹12.50 / instruction / ISIN + GST |
Groww Vs Dhan - GST
| Groww | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Dhan - SEBI Charges
| Groww | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Dhan - Account Opening & AMC Charges
Groww
Dhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Dhan
| Groww | Dhan | |
|---|---|---|
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 "+ Dhan |
Dhan Review 2024Dhan is .. |
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Dhan
Dhan Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Dhan - Brokerage charges & Plans
| Groww | Dhan | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | N/A | ₹20 or 0.03% per completed order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 Zero Brokerage (Equity Delivery |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20 per completed order |
| Commodity Options | N/A | ₹20 per completed order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Currency Options | N/A | ₹20 per completed order |
| Fixed Charges | ₹20/ Order | ₹20 or 0.03% per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
| Call Back Open Account |
Groww Vs Dhan - Margin (Exposure)
| Groww | Dhan | |
|---|---|---|
| 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)) |
| Call Back Open Account |
Groww Vs Dhan - Other Charges
| Groww | Dhan | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹50/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 or 0.03% per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 or 0.03% per completed order |
Groww Vs Dhan - STT/CTT
| Groww | Dhan | |
|---|---|---|
| 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 Dhan - Demat transaction charges
| Groww | Dhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹12.50 / instruction / ISIN + GST |
Groww Vs Dhan - GST
| Groww | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Dhan - SEBI Charges
| Groww | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Dhan - Features
| Groww | Dhan | |
|---|---|---|
| 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |