TradePlus Vs Groww
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
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 Vs Groww - Broker Details
| TradePlus | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1983 | 2016 |
| Exchanges | BSE, NSE, MCX, and CDSL | NSE and BSE. |
| Branches | N/A | Zero |
| Brokerage | 0.025% on the Sell Side | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
TradePlus Vs Groww - Account Opening & AMC Charges
| TradePlus | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹99* per month (This charge depends on the plan) | ₹0 (Free) |
TradePlus Vs Groww - Brokerage charges & Plans
| TradePlus | Groww | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | N/A |
| Currency Futures | ₹99 per month or ₹20 per lot each side | N/A |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹99 per month or ₹60 per lot each side | N/A |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹99 per month or ₹20 per lot each side | N/A |
| Fixed Charges | 0.01% | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
TradePlus Vs Groww - Other Charges
| TradePlus | Groww | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹1500 + GST for a month | ₹0 (Free) |
| Call & Trade Charges | ₹ 75/- per day +GST | N/A |
| Other Brokerage Charges | 0.01% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.01% | ₹20/ Order |
TradePlus Vs Groww - Transaction Charges
| TradePlus | Groww | |
|---|---|---|
| Currency Options | NSE: 0.037% | BSE: 0.00025% | N/A |
| Equity Futures | NSE: NSE: 0.002% | NSE:- 0.002% |
| Equity Intraday | NSE: 0.00335% | BSE:0.00375% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE: 0.0505% | BSE:0.00375% | NSE:- 0.053% on premium |
| Commodity | NSE: 0.0026% | BSE:0.0014% | N/A |
| Currency Futures | NSE: 0.00095% | BSE: 0.00022% | N/A |
| Equity Delivery | NSE: 0.00375% | BSE:0.00335% | NSE:- 0.00345% | BSE:-0.00345% |
TradePlus Vs Groww - Margin (Exposure)
| TradePlus | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (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 |
TradePlus Vs Groww - Features
| TradePlus | Groww | |
|---|---|---|
| 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 Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Rocket, 2. Rocket Plus, 3. Infinity MF | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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TradePlus Vs Groww - Review & Rating
| TradePlus | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
TradePlus Vs Groww - Request a call back from Broker
| TradePlus | Groww | |
|---|---|---|
TradePlus Vs Groww - Investment Options
| TradePlus | Groww | |
|---|---|---|
| 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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TradePlus Vs Groww - Order Type
| TradePlus | Groww | |
|---|---|---|
| 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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TradePlus Vs Groww - Research & Report
| TradePlus | Groww | |
|---|---|---|
| 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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TradePlus Vs Groww - Daily Market Report
| TradePlus | Groww | |
|---|---|---|
| Daily Market Reports & News |
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TradePlus Vs Groww - Suitable For Investor
| TradePlus | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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TradePlus Vs Groww - Pros & Cons
| TradePlus | Groww | |
|---|---|---|
| Pros | 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 | 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. 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 | 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. |
TradePlus Vs Groww - Background
| TradePlus | Groww | |
|---|---|---|
TradePlus Vs Groww - Compare All Brokers
| TradePlus | Groww | |
|---|---|---|
TradePlus Vs Groww - STT/CTT
| TradePlus | 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(on Premium) | 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 |
TradePlus Vs Groww - Demat transaction charges
| TradePlus | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
TradePlus Vs Groww - GST
| TradePlus | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% ( Brokerage + Transaction charges) |
TradePlus Vs Groww - SEBI Charges
| TradePlus | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
TradePlus Vs Groww - Account Opening & AMC Charges
TradePlus
Groww
Trading Account Opening Charge
₹99* per month (This charge depends on the plan)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹99* per month (This charge depends on the plan)
₹0 (Free)
TradePlus Vs Groww
| TradePlus | Groww | |
|---|---|---|
TradePlus Online Review 2024 |
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 .. |
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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 Vs Groww - Brokerage charges & Plans
| TradePlus | Groww | |
|---|---|---|
| Commodity Futures | ₹99 per month or 0.01% on turnover each side | N/A |
| Currency Futures | ₹99 per month or ₹20 per lot each side | N/A |
| Equity Delivery | ₹0 (Free) | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹99 per month or ₹60 per lot each side | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹99 per month or ₹60 per lot each side | N/A |
| Equity Futures | ₹799 per month or 0.01% on turnover each side | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹99 per month or ₹20 per lot each side | N/A |
| Fixed Charges | 0.01% | ₹20/ Order |
| Equity Intraday | 0.01% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
TradePlus Vs Groww - Margin (Exposure)
| TradePlus | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (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 |
TradePlus Vs Groww - Other Charges
| TradePlus | Groww | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | ₹1500 + GST for a month | ₹0 (Free) |
| Call & Trade Charges | ₹ 75/- per day +GST | N/A |
| Other Brokerage Charges | 0.01% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.01% | ₹20/ Order |
TradePlus Vs Groww - STT/CTT
| TradePlus | 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(on Premium) | 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 |
TradePlus Vs Groww - Demat transaction charges
| TradePlus | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹50+ Gst per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
TradePlus Vs Groww - GST
| TradePlus | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% ( Brokerage + Transaction charges) |
TradePlus Vs Groww - SEBI Charges
| TradePlus | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
TradePlus Vs Groww - Features
| TradePlus | 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Rocket, 2. Rocket Plus, 3. Infinity MF | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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