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Comparision (DPTradeKing VS Groww)

 

DPTradeKing Vs Groww

DPTradeKing
DPTradeking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and Zebu Trade also give overview on NRI Account, Branches, Customer Support, Advantages and Disadvantages.


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.

DPTradeKing Vs Groww - Broker Details

DPTradeKing Groww
Single Margin Facility
Year of Incorporation 2016 2016
Exchanges BSE, NSE and MCX NSE and BSE.
Branches N/A Zero
Brokerage 0.05% per order ₹20/ Order
Broker Type Full Service Broker Discount Broker

DPTradeKing Vs Groww - Account Opening & AMC Charges

DPTradeKing 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)

DPTradeKing Vs Groww - Brokerage charges & Plans

DPTradeKing Groww
Commodity Futures N/A N/A
Currency Futures 0.05% per order N/A
Equity Delivery 0.50% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹50 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options N/A N/A
Equity Futures 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹50 per lot N/A
Fixed Charges 0.05% per order ₹20/ Order
Equity Intraday 0.05% per order ₹20/ Order or 0.05% (whichever is lower)

DPTradeKing Vs Groww - Other Charges

DPTradeKing Groww
RMS Square Off Charge ( ₹25 + GST) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) N/A
Other Brokerage Charges 0.05% per order ₹20/ Order or 0.05%
Minimum Brokerage 0.05% per order ₹20/ Order

DPTradeKing Vs Groww - Transaction Charges

DPTradeKing Groww
Currency Options 0.035% of Premium Value in case of Option Segment N/A
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE:- 0.002%
Equity Intraday 0.00345% Of Total Turnover value NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE:- 0.053% on premium
Commodity N/A N/A
Currency Futures 0.00090% of Total Future Turnover value 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%

DPTradeKing Vs Groww - Margin (Exposure)

DPTradeKing Groww
Equity Options 1x (100% of Normal margin (Span + Exposure)) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of Normal margin (Span + Exposure)) N/A
Commodity Options 1x (100% of Normal margin (Span + Exposure)) N/A
Commodity Futures 1x (100% of Normal margin (Span + Exposure)) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure)) N/A
Equity Futures 1x (100% of Normal margin (Span + Exposure)) 1x

DPTradeKing Vs Groww - Features

DPTradeKing 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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing Vs Groww - Review & Rating

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

DPTradeKing Vs Groww - Request a call back from Broker

DPTradeKing Groww

DPTradeKing Vs Groww - Investment Options

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

DPTradeKing Vs Groww - Order Type

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

DPTradeKing Vs Groww - Research & Report

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

DPTradeKing Vs Groww - Daily Market Report

DPTradeKing Groww
Daily Market Reports & News

DPTradeKing Vs Groww - Suitable For Investor

DPTradeKing Groww
Casual Investor
Active Investor
Trader

DPTradeKing Vs Groww - Pros & Cons

DPTradeKing Groww
Pros 1.Benefits of using DP TradeKing 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4.Positive aspects of DP TradeKing 5. Availability of multiple indicators to monitor market. 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.Downsides of using DP TradeKing 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, 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.

DPTradeKing Vs Groww - Background

DPTradeKing Groww

DPTradeKing Vs Groww - Compare All Brokers

DPTradeKing Groww

DPTradeKing Vs Groww - STT/CTT

DPTradeKing 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

DPTradeKing Vs Groww - Demat transaction charges

DPTradeKing Groww
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹13.5 Gst per scrip per day only on sell

DPTradeKing Vs Groww - GST

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

DPTradeKing Vs Groww - SEBI Charges

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

DPTradeKing Vs Groww - Account Opening & AMC Charges

DPTradeKing
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)
 

DPTradeKing Vs Groww

DPTradeKing Groww
 

DPTradeKing Account Opening Process and Charges Details 

Read more..

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 ..
 
 

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.

DPTradeKing Vs Groww - Brokerage charges & Plans

DPTradeKing Groww
Commodity Futures N/A N/A
Currency Futures 0.05% per order N/A
Equity Delivery 0.50% per order ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹50 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options N/A N/A
Equity Futures 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹50 per lot N/A
Fixed Charges 0.05% per order ₹20/ Order
Equity Intraday 0.05% per order ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

DPTradeKing Vs Groww - Margin (Exposure)

DPTradeKing Groww
Equity Options 1x (100% of Normal margin (Span + Exposure)) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of Normal margin (Span + Exposure)) N/A
Commodity Options 1x (100% of Normal margin (Span + Exposure)) N/A
Commodity Futures 1x (100% of Normal margin (Span + Exposure)) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of Normal margin (Span + Exposure)) N/A
Equity Futures 1x (100% of Normal margin (Span + Exposure)) 1x

DPTradeKing Vs Groww - Other Charges

DPTradeKing Groww
RMS Square Off Charge ( ₹25 + GST) ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ( ₹25 + GST) N/A
Other Brokerage Charges 0.05% per order ₹20/ Order or 0.05%
Minimum Brokerage 0.05% per order ₹20/ Order

DPTradeKing Vs Groww - STT/CTT

DPTradeKing 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

DPTradeKing Vs Groww - Demat transaction charges

DPTradeKing Groww
Equity Demat Transaction Charges Rs. 5/- Per Certi. (Subject to minimum 25/- Per ISIN) ₹13.5 Gst per scrip per day only on sell

DPTradeKing Vs Groww - GST

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

DPTradeKing Vs Groww - SEBI Charges

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

DPTradeKing Vs Groww - Features

DPTradeKing 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. DP TradeKing Mobile App, 2. DP TradeKing Web Platform, 3. WealthEvator App Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

DPTradeKing

Groww