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Comparision (Eureka VS Groww)

 

Eureka Vs Groww

Eureka
Eureka Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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.

Eureka Vs Groww - Broker Details

Eureka Groww
Single Margin Facility
Year of Incorporation 1992 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches 270 Zero
Brokerage 0.03% ₹20/ Order
Broker Type Full Service broker Discount Broker

Eureka Vs Groww - Account Opening & AMC Charges

Eureka Groww
Trading Account Opening Charge Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free) ₹0 (Free)
Demat Account AMC Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year ₹0 (Free)
Trading Account AMC N/A ₹0 (Free)

Eureka Vs Groww - Brokerage charges & Plans

Eureka Groww
Commodity Futures 0.03% N/A
Currency Futures 0.03% N/A
Equity Delivery 0.30% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options 0.03% N/A
Equity Futures 0.03% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20 per lot N/A
Fixed Charges 0.03% ₹20/ Order
Equity Intraday 0.03% ₹20/ Order or 0.05% (whichever is lower)

Eureka Vs Groww - Other Charges

Eureka Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Order N/A
Other Brokerage Charges 0.03% ₹20/ Order or 0.05%
Minimum Brokerage 0.03% ₹20/ Order

Eureka Vs Groww - Transaction Charges

Eureka Groww
Currency Options Exchange txn charge: 0.035% N/A
Equity Futures NSE: 0.0019% NSE:- 0.002%
Equity Intraday NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE:- 0.00345% | BSE:- 0.00345%
Equity Options NSE: 0.05% (on premium) NSE:- 0.053% on premium
Commodity Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% N/A
Currency Futures Exchange txn charge: 0.0009% Clearing charge: .00025% N/A
Equity Delivery NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) NSE:- 0.00345% | BSE:-0.00345%

Eureka Vs Groww - Margin (Exposure)

Eureka 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

Eureka Vs Groww - Features

Eureka 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: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Eureka Vs Groww - Review & Rating

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

Eureka Vs Groww - Request a call back from Broker

Eureka Groww

Eureka Vs Groww - Investment Options

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

Eureka Vs Groww - Order Type

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

Eureka Vs Groww - Research & Report

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

Eureka Vs Groww - Daily Market Report

Eureka Groww
Daily Market Reports & News

Eureka Vs Groww - Suitable For Investor

Eureka Groww
Casual Investor
Active Investor
Trader

Eureka Vs Groww - Pros & Cons

Eureka Groww
Pros 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. 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.

Eureka Vs Groww - Background

Eureka Groww

Eureka Vs Groww - Compare All Brokers

Eureka Groww

Eureka Vs Groww - STT/CTT

Eureka 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 0.0625% on sell side (on premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.0125% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Eureka Vs Groww - Demat transaction charges

Eureka Groww
Equity Demat Transaction Charges ₹5 per certificate. Min ₹75 per request ₹13.5 Gst per scrip per day only on sell

Eureka Vs Groww - GST

Eureka Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

Eureka Vs Groww - SEBI Charges

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

Eureka Vs Groww - Account Opening & AMC Charges

Eureka
Groww
Trading Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Platinum- ₹0 (Free) | New Classic- ₹0 (Free)| New Standard- ₹0 (Free)
₹0 (Free)
Demat Account AMC
Platinum- ₹240 per year | New Classic- ₹360 per year| New Standard- ₹480 per year
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
 

Eureka Vs Groww

Eureka Groww
 

Eureka Account Opening Charges, Process, and Required Documents 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.

Eureka Vs Groww - Brokerage charges & Plans

Eureka Groww
Commodity Futures 0.03% N/A
Currency Futures 0.03% N/A
Equity Delivery 0.30% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹20 per lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options 0.03% N/A
Equity Futures 0.03% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20 per lot N/A
Fixed Charges 0.03% ₹20/ Order
Equity Intraday 0.03% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Eureka Vs Groww - Margin (Exposure)

Eureka 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

Eureka Vs Groww - Other Charges

Eureka Groww
RMS Square Off Charge ₹20/Order ₹50/ Order
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges ₹20/Order N/A
Other Brokerage Charges 0.03% ₹20/ Order or 0.05%
Minimum Brokerage 0.03% ₹20/ Order

Eureka Vs Groww - STT/CTT

Eureka 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 0.0625% on sell side (on premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.0125% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side N/A

Eureka Vs Groww - Demat transaction charges

Eureka Groww
Equity Demat Transaction Charges ₹5 per certificate. Min ₹75 per request ₹13.5 Gst per scrip per day only on sell

Eureka Vs Groww - GST

Eureka Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% ( Brokerage + Transaction charges)

Eureka Vs Groww - SEBI Charges

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

Eureka Vs Groww - Features

Eureka 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: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1. EuTrade Web, 2. Infinity by Eureka Mobile App, 3. MyEureka Mobile App, 4. Eureka MyMF Mobile App, 5. EuTrend Mobile App, 6. EuTrade EXE-based Software Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Eureka

Groww