Groww Vs TradePlus
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.
TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs TradePlus - Broker Details
| Groww | TradePlus | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 1983 |
| Exchanges | NSE and BSE. | BSE, NSE, MCX, and CDSL |
| Branches | Zero | N/A |
| Brokerage | ₹20/ Order | 0.025% on the Sell Side |
| Broker Type | Discount Broker | Discount Broker |
Groww Vs TradePlus - Account Opening & AMC Charges
| Groww | TradePlus | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹99* per month (This charge depends on the plan) |
Groww Vs TradePlus - Brokerage charges & Plans
| Groww | TradePlus | |
|---|---|---|
| Commodity Futures | N/A | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | N/A | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹99 per month or ₹60 per lot each side |
| Commodity Options | N/A | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹799 per month or 0.01% on turnover each side |
| Currency Options | N/A | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/ Order | 0.01% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.01% |
Groww Vs TradePlus - Other Charges
| Groww | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | N/A | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
Groww Vs TradePlus - Transaction Charges
| Groww | TradePlus | |
|---|---|---|
| Currency Options | N/A | NSE: 0.037% | BSE: 0.00025% |
| Equity Futures | NSE:- 0.002% | NSE: NSE: 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE: 0.00335% | BSE:0.00375% |
| Equity Options | NSE:- 0.053% on premium | NSE: 0.0505% | BSE:0.00375% |
| Commodity | N/A | NSE: 0.0026% | BSE:0.0014% |
| Currency Futures | N/A | NSE: 0.00095% | BSE: 0.00022% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE: 0.00375% | BSE:0.00335% |
Groww Vs TradePlus - Margin (Exposure)
| Groww | TradePlus | |
|---|---|---|
| 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 TradePlus - Features
| Groww | TradePlus | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs TradePlus - Review & Rating
| Groww | TradePlus | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs TradePlus - Request a call back from Broker
| Groww | TradePlus | |
|---|---|---|
Groww Vs TradePlus - Investment Options
| Groww | TradePlus | |
|---|---|---|
| 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 TradePlus - Order Type
| Groww | TradePlus | |
|---|---|---|
| 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 TradePlus - Research & Report
| Groww | TradePlus | |
|---|---|---|
| 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 TradePlus - Daily Market Report
| Groww | TradePlus | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs TradePlus - Suitable For Investor
| Groww | TradePlus | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs TradePlus - Pros & Cons
| Groww | TradePlus | |
|---|---|---|
| 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. Low trading commissions, 2. Wide range of investment options, 3. User-friendly trading platform, 4. Quick and efficient customer support, 5. Access to research and educational resources |
| 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. Possible account maintenance fees, 2. Limited physical branch locations, 3. Potential platform downtime or technical issues, 4. Inactivity fees for dormant accounts, 5. Additional charges for certain transactions or services |
Groww Vs TradePlus - Background
| Groww | TradePlus | |
|---|---|---|
Groww Vs TradePlus - Compare All Brokers
| Groww | TradePlus | |
|---|---|---|
Groww Vs TradePlus - STT/CTT
| Groww | TradePlus | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs TradePlus - Demat transaction charges
| Groww | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50+ Gst per scrip only on sell |
Groww Vs TradePlus - GST
| Groww | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
Groww Vs TradePlus - SEBI Charges
| Groww | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs TradePlus - Account Opening & AMC Charges
Groww
TradePlus
Trading Account Opening Charge
₹0 (Free)
₹99* per month (This charge depends on the plan)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹99* per month (This charge depends on the plan)
Groww Vs TradePlus
| Groww | TradePlus | |
|---|---|---|
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 "+ TradePlus |
TradePlus Online Review 2024 |
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TradePlus
TradePlus Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Groww Vs TradePlus - Brokerage charges & Plans
| Groww | TradePlus | |
|---|---|---|
| Commodity Futures | N/A | ₹99 per month or 0.01% on turnover each side |
| Currency Futures | N/A | ₹99 per month or ₹20 per lot each side |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0 (Free) |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹99 per month or ₹60 per lot each side |
| Commodity Options | N/A | ₹99 per month or ₹60 per lot each side |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹799 per month or 0.01% on turnover each side |
| Currency Options | N/A | ₹99 per month or ₹20 per lot each side |
| Fixed Charges | ₹20/ Order | 0.01% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.01% |
| Call Back Open Account |
Groww Vs TradePlus - Margin (Exposure)
| Groww | TradePlus | |
|---|---|---|
| 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 TradePlus - Other Charges
| Groww | TradePlus | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | ₹1500 + GST for a month |
| Call & Trade Charges | N/A | ₹ 75/- per day +GST |
| Other Brokerage Charges | ₹20/ Order or 0.05% | 0.01% |
| Minimum Brokerage | ₹20/ Order | 0.01% |
Groww Vs TradePlus - STT/CTT
| Groww | TradePlus | |
|---|---|---|
| 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 | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs TradePlus - Demat transaction charges
| Groww | TradePlus | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹50+ Gst per scrip only on sell |
Groww Vs TradePlus - GST
| Groww | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charges) |
Groww Vs TradePlus - SEBI Charges
| Groww | TradePlus | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs TradePlus - Features
| Groww | TradePlus | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1. Rocket, 2. Rocket Plus, 3. Infinity MF |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |