Groww Vs Maitra
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.
Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Maitra - Broker Details
| Groww | Maitra | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2012 |
| Exchanges | NSE and BSE. | NSE, BSE and MCX |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Maitra - Account Opening & AMC Charges
| Groww | Maitra | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹400 + 18% GST |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Groww Vs Maitra - Brokerage charges & Plans
| Groww | Maitra | |
|---|---|---|
| Commodity Futures | N/A | ₹5/Lot Or ₹20/Order |
| Currency Futures | N/A | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Commodity Options | N/A | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Options | N/A | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
Groww Vs Maitra - Other Charges
| Groww | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
Groww Vs Maitra - Transaction Charges
| Groww | Maitra | |
|---|---|---|
| Currency Options | N/A | 0.053% |
| Equity Futures | NSE:- 0.002% | 0.0019% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | 0.00325% |
| Equity Options | NSE:- 0.053% on premium | 0.05% |
| Commodity | N/A | 0.0026% |
| Currency Futures | N/A | 0.0026% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | 0.00325% |
Groww Vs Maitra - Margin (Exposure)
| Groww | Maitra | |
|---|---|---|
| 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 (no margin) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
Groww Vs Maitra - Features
| Groww | Maitra | |
|---|---|---|
| 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Maitra - Review & Rating
| Groww | Maitra | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Maitra - Request a call back from Broker
| Groww | Maitra | |
|---|---|---|
Groww Vs Maitra - Investment Options
| Groww | Maitra | |
|---|---|---|
| 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 Maitra - Order Type
| Groww | Maitra | |
|---|---|---|
| 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 Maitra - Research & Report
| Groww | Maitra | |
|---|---|---|
| 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 Maitra - Daily Market Report
| Groww | Maitra | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Maitra - Suitable For Investor
| Groww | Maitra | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Maitra - Pros & Cons
| Groww | Maitra | |
|---|---|---|
| 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 Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.Maitra facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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 Global Investment Options 2.Limited Advanced Trading Features 3. Maitra primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Groww Vs Maitra - Background
| Groww | Maitra | |
|---|---|---|
Groww Vs Maitra - Compare All Brokers
| Groww | Maitra | |
|---|---|---|
Groww Vs Maitra - STT/CTT
| Groww | Maitra | |
|---|---|---|
| Commodity Futures | N/A | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| Groww | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Maitra - GST
| Groww | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Maitra - SEBI Charges
| Groww | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Maitra - Account Opening & AMC Charges
Groww
Maitra
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹400 + 18% GST
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Maitra
| Groww | Maitra | |
|---|---|---|
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 "+ Maitra |
Maitra Account Opening Process, Charges, and Required Documents Details |
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Maitra
Maitra Commodities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Maitra - Brokerage charges & Plans
| Groww | Maitra | |
|---|---|---|
| Commodity Futures | N/A | ₹5/Lot Or ₹20/Order |
| Currency Futures | N/A | ₹5/Lot Or ₹20/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Commodity Options | N/A | ₹5/Lot Or ₹20/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Currency Options | N/A | ₹5/Lot Or ₹20/Order |
| Fixed Charges | ₹20/ Order | ₹5/Lot Or ₹20/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹5/Lot Or ₹20/Order |
| Call Back Open Account |
Groww Vs Maitra - Margin (Exposure)
| Groww | Maitra | |
|---|---|---|
| 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 (no margin) |
| 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 Maitra - Other Charges
| Groww | Maitra | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹5/Lot Or ₹20/Order |
| Minimum Brokerage | ₹20/ Order | ₹5/Lot Or ₹20/Order |
Groww Vs Maitra - STT/CTT
| Groww | Maitra | |
|---|---|---|
| Commodity Futures | N/A | 0.01% |
| 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% |
| 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 Maitra - Demat transaction charges
| Groww | Maitra | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | N/A |
Groww Vs Maitra - GST
| Groww | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Maitra - SEBI Charges
| Groww | Maitra | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Maitra - Features
| Groww | Maitra | |
|---|---|---|
| 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.Maitra Smart XTS mobile app, 2. Maitra Mutual Fund App, 3. Maitra Web Portal, 4. Maitra XTS EXE |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |