Groww Vs Gill Broking
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.
Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Gill Broking - Broker Details
| Groww | Gill Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2017 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | 70+ |
| Brokerage | ₹20/ Order | ₹13 per order |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Gill Broking - Account Opening & AMC Charges
| Groww | Gill Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) only for First Year |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Gill Broking - Brokerage charges & Plans
| Groww | Gill Broking | |
|---|---|---|
| Commodity Futures | N/A | ₹13 per order |
| Currency Futures | N/A | ₹13 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Commodity Options | N/A | ₹13 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Options | N/A | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
Groww Vs Gill Broking - Other Charges
| Groww | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
Groww Vs Gill Broking - Transaction Charges
| Groww | Gill Broking | |
|---|---|---|
| Currency Options | N/A | 0.00090% of Total Future Turnover value 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE:- 0.002% | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | Rate 0.00345% Of Total Turnover value |
| Equity Options | NSE:- 0.053% on premium | 0.002% of Tot al Futures Turnover value 0.053% of Premium Value in case of Option Segment |
| Commodity | N/A | Exchange txn charge: 0.0026% (Commodity Futures) Exchange txn charge: 0 (Commodity Options) |
| Currency Futures | N/A | NSE: 0.0009% (Currency Futures) NSE: 0.035% (Currency Options) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00325% (Equity Delivery) BSE: 0.00300% (Equity Delivery) |
Groww Vs Gill Broking - Margin (Exposure)
| Groww | Gill Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 4x (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 Gill Broking - Features
| Groww | Gill Broking | |
|---|---|---|
| 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: 03:21 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. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Gill Broking - Review & Rating
| Groww | Gill Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Gill Broking - Request a call back from Broker
| Groww | Gill Broking | |
|---|---|---|
Groww Vs Gill Broking - Investment Options
| Groww | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Order Type
| Groww | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Research & Report
| Groww | Gill Broking | |
|---|---|---|
| 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 Gill Broking - Daily Market Report
| Groww | Gill Broking | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Gill Broking - Suitable For Investor
| Groww | Gill Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Gill Broking - Pros & Cons
| Groww | Gill Broking | |
|---|---|---|
| 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. User-friendly online trading platform, 2. Diverse range of asset classes for trading and investment, 3. Real-time market data and analysis tools, 4. Access to comprehensive research reports, 5. Competitive brokerage fees, 6. Strong customer support and assistance. |
| 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 international market access, 2. Limited trading tools and advanced features, 3. Higher minimum deposit requirements, 4. Inactivity fees |
Groww Vs Gill Broking - Background
| Groww | Gill Broking | |
|---|---|---|
Groww Vs Gill Broking - Compare All Brokers
| Groww | Gill Broking | |
|---|---|---|
Groww Vs Gill Broking - STT/CTT
| Groww | Gill Broking | |
|---|---|---|
| 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 | 0.05% 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 | 0.01% on the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
Groww Vs Gill Broking - Demat transaction charges
| Groww | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + Gst per scrip only on sell |
Groww Vs Gill Broking - GST
| Groww | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Gill Broking - SEBI Charges
| Groww | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Gill Broking - Account Opening & AMC Charges
Groww
Gill Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free) only for First Year
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Gill Broking
| Groww | Gill Broking | |
|---|---|---|
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 "+ Gill Broking |
Gill Broking Review | Account Opening Charges, Brokerage, and Trading Platforms |
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Gill Broking
Gill Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Gill Broking - Brokerage charges & Plans
| Groww | Gill Broking | |
|---|---|---|
| Commodity Futures | N/A | ₹13 per order |
| Currency Futures | N/A | ₹13 per order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Commodity Options | N/A | ₹13 per order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Currency Options | N/A | ₹13 per order |
| Fixed Charges | ₹20/ Order | ₹13 per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹13 per order |
| Call Back Open Account |
Groww Vs Gill Broking - Margin (Exposure)
| Groww | Gill Broking | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x | 4x (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 Gill Broking - Other Charges
| Groww | Gill Broking | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per day order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹70 per day order placed through a dealer |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹13 per order |
| Minimum Brokerage | ₹20/ Order | ₹13 per order |
Groww Vs Gill Broking - STT/CTT
| Groww | Gill Broking | |
|---|---|---|
| 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 | 0.05% 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 | 0.01% on the sell side |
| Commodity Options | N/A | 0.05% on the sell side |
Groww Vs Gill Broking - Demat transaction charges
| Groww | Gill Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + Gst per scrip only on sell |
Groww Vs Gill Broking - GST
| Groww | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Gill Broking - SEBI Charges
| Groww | Gill Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Gill Broking - Features
| Groww | Gill Broking | |
|---|---|---|
| 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 :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Gill Trade 2.0 mobile app, 2. Gill MF, 3. Gill Trade 2.0 software, 4. Gill Web Traders |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |