IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (Sharekhan VS Groww)

 

Sharekhan Vs Groww

Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.


Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2021, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs Groww - Broker Details

Sharekhan Groww
Single Margin Facility
Year of Incorporation 2000 2016
Exchanges NSE, BSE, MCX and NCDEX. NSE and BSE.
Branches 153+ Zero
Brokerage 0.03% ₹20/ Order
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Account Opening & AMC Charges

Sharekhan Groww
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 (from 2nd year) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Brokerage charges & Plans

Sharekhan Groww
Commodity Futures 0.03% per transaction value N/A
Currency Futures 0.03% per transaction value N/A
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹60/ Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹60/ Lot N/A
Equity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Lot N/A
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Other Charges

Sharekhan Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order or 0.05%
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Transaction Charges

Sharekhan Groww
Currency Options NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) N/A
Equity Futures NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side NSE:- 0.002%
Equity Intraday NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) NSE:- 0.053% on premium
Commodity MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) N/A
Currency Futures NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) N/A
Equity Delivery NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) NSE:- 0.00345% | BSE:-0.00345%
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Margin (Exposure)

Sharekhan Groww
Equity Options 1 time (SPAN + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Features

Sharekhan Groww
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Review & Rating

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

Sharekhan Vs Groww - Request a call back from Broker

Sharekhan Groww
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Investment Options

Sharekhan Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Order Type

Sharekhan Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Research & Report

Sharekhan Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Daily Market Report

Sharekhan Groww
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Suitable For Investor

Sharekhan Groww
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Pros & Cons

Sharekhan Groww
Pros 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. • Commission free investment for customer. • Transparent without any hidden charges. • Upto 1.5% extra returns on direct mutual funds. • Provide facility to invest in US stocks, Gold and ETFs. • Online IPO application. • Zero charges on direct mutual funds • Very simple and intuitive UI. • Offers a wide range of premium features. • SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. • In-built customer support section or directly email them on support@groww.in • Groww also has a live chat option
Cons 1. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3. It charges a minimum brokerage fee of 10 paisa per stock and would not allow you to trade in stocks below ₹20. 4. The customers who hold Classic account are unable to trade in Commodities. • Dilution in the name of diversification. • Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. • It does not suit customers with unpredictable cash flows. • Customer is unable to analyse funds technically and in-depth.
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Background

Sharekhan Groww
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Compare All Brokers

Sharekhan Groww
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - STT/CTT

Sharekhan Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% only on sell
Equity Options 0.05% on sell Side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & sell
Equity Futures 0.01% on sell Side 0.01% only on sell
Commodity Options 0.05% on sell side N/A
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Demat transaction charges

Sharekhan Groww
Equity Demat Transaction Charges ₹0 (Free) ₹13.5 Gst per scrip per day only on sell
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - GST

Sharekhan Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% ( Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - SEBI Charges

Sharekhan Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Account Opening & AMC Charges

Sharekhan
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400 (from 2nd year)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)

Sharekhan Vs Groww

Sharekhan Groww
 

Sharekhan NRI Account Opening, Charges, Services Review

Sharekhan is one of the largest stock brokers in India and is ranked as 3rd among the most famous stock broker. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. It provides services to all kinds of customers ..
+ " Vs "+ Groww

Groww NRI Account Opening, Charges, Services Review

This Indian platform focuses on making investment opportunities more widely available for beginners and millennials. Groww is a new-age investment platform but currently Groww does not offer NRI trading and NRI demat account services. But i ..
 
 

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2021, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Sharekhan Vs Groww - Brokerage charges & Plans

Sharekhan Groww
Commodity Futures 0.03% per transaction value N/A
Currency Futures 0.03% per transaction value N/A
Equity Delivery 0.30% on market rate or minimum 10 paisa per share ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹60/ Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹60/ Lot N/A
Equity Futures 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Lot N/A
Fixed Charges ₹1,00,000/ Year ₹20/ Order
Equity Intraday 0.03% per transaction value ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Margin (Exposure)

Sharekhan Groww
Equity Options 1 time (SPAN + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Other Charges

Sharekhan Groww
RMS Square Off Charge ₹0 (Free) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹0 (Free) N/A
Other Brokerage Charges ₹1,00,000/ Year ₹20/ Order or 0.05%
Minimum Brokerage 0.10% ₹20/ Order
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - STT/CTT

Sharekhan Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell Side 0.025% only on sell
Equity Options 0.05% on sell Side 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy and sell 0.1% on both buy & sell
Equity Futures 0.01% on sell Side 0.01% only on sell
Commodity Options 0.05% on sell side N/A
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Demat transaction charges

Sharekhan Groww
Equity Demat Transaction Charges ₹0 (Free) ₹13.5 Gst per scrip per day only on sell
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - GST

Sharekhan Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) 18% ( Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - SEBI Charges

Sharekhan Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore
Call Back Open Account Call Back Open Account

Sharekhan Vs Groww - Features

Sharekhan Groww
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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account