Groww Vs Enrich Money
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.
Enrich Money
Enrich Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Enrich Money - Broker Details
| Groww | Enrich Money | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2016 | 2013 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | 9 |
| Brokerage | ₹20/ Order | ₹20 per completed order |
| Broker Type | Discount Broker | Full service Broker |
Groww Vs Enrich Money - Account Opening & AMC Charges
| Groww | Enrich Money | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99 (Online) | ₹199 (Offline) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | First-year free (From 2nd Year ₹300 + GST per Year ) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Enrich Money - Brokerage charges & Plans
| Groww | Enrich Money | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | N/A | ₹20 or 0.03% per completed |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 Zero Brokerage |
| 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 per completed order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20 or 0.03% per completed order |
Groww Vs Enrich Money - Other Charges
| Groww | Enrich Money | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹ 0 / Order for Lifetime |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 per completed order |
Groww Vs Enrich Money - Transaction Charges
| Groww | Enrich Money | |
|---|---|---|
| Currency Options | N/A | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE:- 0.002% | NSE: 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.053% |
| Commodity | N/A | Commodity Futures - 0.0026% Commodity Options - 0.05% |
| Currency Futures | N/A | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | BSE: 0.00345% | NSE: 0.00345% |
Groww Vs Enrich Money - Margin (Exposure)
| Groww | Enrich Money | |
|---|---|---|
| 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 Enrich Money - Features
| Groww | Enrich Money | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Groww Vs Enrich Money - Review & Rating
| Groww | Enrich Money | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Enrich Money - Request a call back from Broker
| Groww | Enrich Money | |
|---|---|---|
Groww Vs Enrich Money - Investment Options
| Groww | Enrich Money | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Groww Vs Enrich Money - Order Type
| Groww | Enrich Money | |
|---|---|---|
| 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 Enrich Money - Research & Report
| Groww | Enrich Money | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Groww Vs Enrich Money - Daily Market Report
| Groww | Enrich Money | |
|---|---|---|
| Daily Market Reports & News |
|
|
Groww Vs Enrich Money - Suitable For Investor
| Groww | Enrich Money | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Groww Vs Enrich Money - Pros & Cons
| Groww | Enrich Money | |
|---|---|---|
| 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 Brokerage Rates 3. Access to Market Research and Analysis, 4. User-Friendly Trading Platform, 5. Efficient Customer Support, 6. Reliable and Secure Transactions, 7. Customized Investment Solutions, 8. Timely Execution of Trades. |
| 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 Educational Resources, 2. Potential for High Trading Fees on Certain Investments, 3. Lack of Personalized Investment Advice, 4. Possible Delays in Customer Service Response Times, 5. Restricted Access to Certain Markets or Investment Types, 6. Dependency on Internet Connectivity for Trading Activities, 7. Potential for Technical Glitches or Platform Outages |
Groww Vs Enrich Money - Background
| Groww | Enrich Money | |
|---|---|---|
Groww Vs Enrich Money - Compare All Brokers
| Groww | Enrich Money | |
|---|---|---|
Groww Vs Enrich Money - STT/CTT
| Groww | Enrich Money | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on the sell side |
| 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 | 0.003% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.002% on the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
Groww Vs Enrich Money - Demat transaction charges
| Groww | Enrich Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Enrich Money - GST
| Groww | Enrich Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Enrich Money - SEBI Charges
| Groww | Enrich Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Enrich Money - Account Opening & AMC Charges
Groww
Enrich Money
Trading Account Opening Charge
₹0 (Free)
₹99 (Online) | ₹199 (Offline)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
First-year free (From 2nd Year ₹300 + GST per Year )
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Enrich Money
| Groww | Enrich Money | |
|---|---|---|
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 "+ Enrich Money |
Enrich Money Brokerage Charges Review 2024 |
|
|
|
|
|
Enrich Money
Enrich Money Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Enrich Money - Brokerage charges & Plans
| Groww | Enrich Money | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | N/A | ₹20 or 0.03% per completed |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 Zero Brokerage |
| 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 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 Enrich Money - Margin (Exposure)
| Groww | Enrich Money | |
|---|---|---|
| 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 Enrich Money - Other Charges
| Groww | Enrich Money | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹ 0 / Order for Lifetime |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20 per completed order |
| Minimum Brokerage | ₹20/ Order | ₹20 per completed order |
Groww Vs Enrich Money - STT/CTT
| Groww | Enrich Money | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on the sell side |
| 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 | 0.003% on the sell side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.002% on the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
Groww Vs Enrich Money - Demat transaction charges
| Groww | Enrich Money | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Enrich Money - GST
| Groww | Enrich Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Enrich Money - SEBI Charges
| Groww | Enrich Money | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Enrich Money - Features
| Groww | Enrich Money | |
|---|---|---|
| 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: 03:21 PM | Equity F&O :03:15 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Enrich Money Orca Trading App, 2. Hunt Ticker Web, 3. Orca Pro, 4. IPO Apply Web Platform |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |