Groww Vs Parim Finserv
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.
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Parim Finserv - Broker Details
| Groww | Parim Finserv | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | N/A |
| Exchanges | NSE and BSE. | BSE, NSE and MCX. |
| Branches | Zero | 146 |
| Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs Parim Finserv - Account Opening & AMC Charges
| Groww | Parim Finserv | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account Opening Charge | ₹0 (Free) | ₹325 + 15% Service Tax |
| Demat Account AMC | ₹0 (Free) | ₹1375/- Lifetime AMC |
| Trading Account AMC | ₹0 (Free) | NA |
Groww Vs Parim Finserv - Brokerage charges & Plans
| Groww | Parim Finserv | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Groww Vs Parim Finserv - Other Charges
| Groww | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Groww Vs Parim Finserv - Transaction Charges
| Groww | Parim Finserv | |
|---|---|---|
| Currency Options | N/A | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE:- 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.050% |
| Commodity | N/A | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | N/A | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | BSE: 0.00375% | NSE: 0.00325% |
Groww Vs Parim Finserv - Margin (Exposure)
| Groww | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Features
| Groww | Parim Finserv | |
|---|---|---|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Parim Finserv - Review & Rating
| Groww | Parim Finserv | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Parim Finserv - Request a call back from Broker
| Groww | Parim Finserv | |
|---|---|---|
Groww Vs Parim Finserv - Investment Options
| Groww | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Order Type
| Groww | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Research & Report
| Groww | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Daily Market Report
| Groww | Parim Finserv | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Parim Finserv - Suitable For Investor
| Groww | Parim Finserv | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Parim Finserv - Pros & Cons
| Groww | Parim Finserv | |
|---|---|---|
| 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. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. |
| 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.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. |
Groww Vs Parim Finserv - Background
| Groww | Parim Finserv | |
|---|---|---|
Groww Vs Parim Finserv - Compare All Brokers
| Groww | Parim Finserv | |
|---|---|---|
Groww Vs Parim Finserv - STT/CTT
| Groww | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Parim Finserv - Demat transaction charges
| Groww | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
Groww Vs Parim Finserv - GST
| Groww | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on ( Brokerage + Transaction Charge) |
Groww Vs Parim Finserv - SEBI Charges
| Groww | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Parim Finserv - Account Opening & AMC Charges
Groww
Parim Finserv
Trading Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account Opening Charge
₹0 (Free)
₹325 + 15% Service Tax
Demat Account AMC
₹0 (Free)
₹1375/- Lifetime AMC
Trading Account AMC
₹0 (Free)
NA
Groww Vs Parim Finserv
| Groww | Parim Finserv | |
|---|---|---|
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 "+ Parim Finserv |
Parim Finserve Account Opening Charges |
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Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs Parim Finserv - Brokerage charges & Plans
| Groww | Parim Finserv | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Commodity Options | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Currency Options | N/A | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot |
| Fixed Charges | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Call Back Open Account |
Groww Vs Parim Finserv - Margin (Exposure)
| Groww | Parim Finserv | |
|---|---|---|
| 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 Parim Finserv - Other Charges
| Groww | Parim Finserv | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20 per order |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹20 per order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
| Minimum Brokerage | ₹20/ Order | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] |
Groww Vs Parim Finserv - STT/CTT
| Groww | Parim Finserv | |
|---|---|---|
| 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 | 0.0125% on sell side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Parim Finserv - Demat transaction charges
| Groww | Parim Finserv | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹20 + Gst per scrip only on sell |
Groww Vs Parim Finserv - GST
| Groww | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on ( Brokerage + Transaction Charge) |
Groww Vs Parim Finserv - SEBI Charges
| Groww | Parim Finserv | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
Groww Vs Parim Finserv - Features
| Groww | Parim Finserv | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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 | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |