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Comparision (Groww VS Eureka)

 

Groww Vs Eureka

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.


Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Eureka - Broker Details

Groww Eureka
Single Margin Facility
Year of Incorporation 2016 1992
Exchanges NSE and BSE. NSE, BSE, MCX and NCDEX
Branches Zero 270
Brokerage ₹20/ Order 0.03%
Broker Type Discount Broker Full Service broker

Groww Vs Eureka - Account Opening & AMC Charges

Groww Eureka
Trading Account Opening Charge ₹0 (Free) Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC ₹0 (Free) Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC ₹0 (Free) N/A

Groww Vs Eureka - Brokerage charges & Plans

Groww Eureka
Commodity Futures N/A 0.03%
Currency Futures N/A 0.03%
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.30%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20 per lot
Commodity Options N/A 0.03%
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Options N/A ₹20 per lot
Fixed Charges ₹20/ Order 0.03%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03%

Groww Vs Eureka - Other Charges

Groww Eureka
RMS Square Off Charge ₹50/ Order ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹20/Order
Other Brokerage Charges ₹20/ Order or 0.05% 0.03%
Minimum Brokerage ₹20/ Order 0.03%

Groww Vs Eureka - Transaction Charges

Groww Eureka
Currency Options N/A Exchange txn charge: 0.035%
Equity Futures NSE:- 0.002% NSE: 0.0019%
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)
Equity Options NSE:- 0.053% on premium NSE: 0.05% (on premium)
Commodity N/A Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025%
Currency Futures N/A Exchange txn charge: 0.0009% Clearing charge: .00025%
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group)

Groww Vs Eureka - Margin (Exposure)

Groww Eureka
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 Eureka - Features

Groww Eureka
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: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software
SMS Alerts for Trades
Direct Mutual Fund

Groww Vs Eureka - Review & Rating

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

Groww Vs Eureka - Request a call back from Broker

Groww Eureka

Groww Vs Eureka - Investment Options

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

Groww Vs Eureka - Order Type

Groww Eureka
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 Eureka - Research & Report

Groww Eureka
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Groww Vs Eureka - Daily Market Report

Groww Eureka
Daily Market Reports & News

Groww Vs Eureka - Suitable For Investor

Groww Eureka
Casual Investor
Active Investor
Trader

Groww Vs Eureka - Pros & Cons

Groww Eureka
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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees.
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 potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses.

Groww Vs Eureka - Background

Groww Eureka

Groww Vs Eureka - Compare All Brokers

Groww Eureka

Groww Vs Eureka - STT/CTT

Groww Eureka
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 0.0625% on sell side (on premium)
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 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Eureka - Demat transaction charges

Groww Eureka
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹5 per certificate. Min ₹75 per request

Groww Vs Eureka - GST

Groww Eureka
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Eureka - SEBI Charges

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

Groww Vs Eureka - Account Opening & AMC Charges

Groww
Eureka
Trading Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
Demat Account AMC
₹0 (Free)
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
Trading Account AMC
₹0 (Free)
N/A
 

Groww Vs Eureka

Groww Eureka
 

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 ..
+ " Vs "+ Eureka

Eureka Account Opening Charges, Process, and Required Documents Details

Read more..

 
 

Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints

Groww Vs Eureka - Brokerage charges & Plans

Groww Eureka
Commodity Futures N/A 0.03%
Currency Futures N/A 0.03%
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) 0.30%
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20 per lot
Commodity Options N/A 0.03%
Equity Futures ₹20/ Order or 0.05% (whichever is lower) 0.03%
Currency Options N/A ₹20 per lot
Fixed Charges ₹20/ Order 0.03%
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) 0.03%
Call Back Open Account

Groww Vs Eureka - Margin (Exposure)

Groww Eureka
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 Eureka - Other Charges

Groww Eureka
RMS Square Off Charge ₹50/ Order ₹20/Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A ₹20/Order
Other Brokerage Charges ₹20/ Order or 0.05% 0.03%
Minimum Brokerage ₹20/ Order 0.03%

Groww Vs Eureka - STT/CTT

Groww Eureka
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 0.0625% on sell side (on premium)
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 0.0125% on sell side
Commodity Options N/A 0.05% on sell side

Groww Vs Eureka - Demat transaction charges

Groww Eureka
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹5 per certificate. Min ₹75 per request

Groww Vs Eureka - GST

Groww Eureka
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction Charge)

Groww Vs Eureka - SEBI Charges

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

Groww Vs Eureka - Features

Groww Eureka
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: 4:30PM | Commodities: 11:20 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Groww

Eureka