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Comparision (Upstox VS Groww)

 

Upstox Vs Groww

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

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.

Upstox Vs Groww - Broker Details

Upstox Groww
Single Margin Facility
Year of Incorporation 2009 2016
Exchanges BSE, NSE and MCX NSE and BSE.
Branches Zero Zero
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹20/ Order
Broker Type Discount Broker Discount Broker

Upstox Vs Groww - Account Opening & AMC Charges

Upstox Groww
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Groww - Brokerage charges & Plans

Upstox Groww
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) N/A
Currency Futures ₹20/ Order or 0.05% (whichever is lower) N/A
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)

Upstox Vs Groww - Other Charges

Upstox Groww
RMS Square Off Charge (₹50 + GST) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) N/A
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order

Upstox Vs Groww - Transaction Charges

Upstox Groww
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% N/A
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE:- 0.002%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE:- 0.053% on premium
Commodity Non-Agri: Exchange turnover charge: 0.0026% N/A
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% N/A
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE:- 0.00345% | BSE:-0.00345%

Upstox Vs Groww - Margin (Exposure)

Upstox Groww
Equity Options Option Sell: 1x | Option Buying: No Margin 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margins(SPAN + Exposure) N/A
Commodity Options Option Sell: 1x | Option Buying: No Margin N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (no margin) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x

Upstox Vs Groww - Features

Upstox 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Groww - Review & Rating

Upstox 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

Upstox Vs Groww - Request a call back from Broker

Upstox Groww

Upstox Vs Groww - Investment Options

Upstox Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Groww - Order Type

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

Upstox Vs Groww - Research & Report

Upstox Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Groww - Daily Market Report

Upstox Groww
Daily Market Reports & News

Upstox Vs Groww - Suitable For Investor

Upstox Groww
Casual Investor
Active Investor
Trader

Upstox Vs Groww - Pros & Cons

Upstox Groww
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 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.
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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.

Upstox Vs Groww - Background

Upstox Groww

Upstox Vs Groww - Compare All Brokers

Upstox Groww

Upstox Vs Groww - STT/CTT

Upstox Groww
Commodity Futures 0.01% on sell trade (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade N/A

Upstox Vs Groww - Demat transaction charges

Upstox Groww
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹13.5 Gst per scrip per day only on sell

Upstox Vs Groww - GST

Upstox Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% ( Brokerage + Transaction charges)

Upstox Vs Groww - SEBI Charges

Upstox Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

Upstox Vs Groww - Account Opening & AMC Charges

Upstox
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Upstox Vs Groww

Upstox Groww
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Groww
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Groww Review | Brokerage Charges, Account Opening


Groww 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 ..
Read more..
 
 

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.

Upstox Vs Groww - Brokerage charges & Plans

Upstox Groww
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) N/A
Currency Futures ₹20/ Order or 0.05% (whichever is lower) N/A
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20/ Order ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/ Order N/A
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/ Order N/A
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account Call Back Open Account

Upstox Vs Groww - Margin (Exposure)

Upstox Groww
Equity Options Option Sell: 1x | Option Buying: No Margin 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margins(SPAN + Exposure) N/A
Commodity Options Option Sell: 1x | Option Buying: No Margin N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (no margin) 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

Upstox Vs Groww - Other Charges

Upstox Groww
RMS Square Off Charge (₹50 + GST) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) N/A
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.05%
Minimum Brokerage ₹20/ Order ₹20/ Order

Upstox Vs Groww - STT/CTT

Upstox Groww
Commodity Futures 0.01% on sell trade (Non-Agri) N/A
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade N/A

Upstox Vs Groww - Demat transaction charges

Upstox Groww
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹13.5 Gst per scrip per day only on sell

Upstox Vs Groww - GST

Upstox Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% ( Brokerage + Transaction charges)

Upstox Vs Groww - SEBI Charges

Upstox Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/ Crore

Upstox Vs Groww - Features

Upstox 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Groww