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Zerodha vs Groww: A Detailed Comparison

Contents

Zerodha vs Groww: this is two biggest Platforms of Indian Stock Trading Market,it both’s provide you wide range of Features and services to users which is very useful for users. that’s will help you make right decision to buy stock & Shares of any company. But thing is which one is better for you?

so in this article we take a detailed analysis on Zerodha vs Groww Features, Services, Charges and their some Pros and cons which is help you in take best decision in buy their stocks & Shares.

Here we present with side-by-side full comparison about Zerodha vs Groww boths are share broker in India. in this comparison of Zerodha vs Groww we cover in this (brokerage plan, customer services, maintenance fees, AMC, Plan types and much more things)

Zerodha vs Groww: Service

DetailsZerodhaGroww
Type of BrokerDiscount BrokerDiscount Broker
Founded in 20102016
users15M+15M+ registered users
Number of Branches75+(only Online services Available)
Downloads on Playstore10M+50M+
Exchange MembershipBSE, NSE, MCX and NCDEXBSE and NSE
Market Cap$2 Billion$1 Trillion in assets
FoundersNithin Kamath and Nikhil KamathLalit Keshre and Harsh jain
Ratings on Play Store⭐4.0 out of ⭐5.0 (Based on 36k votes)⭐4.3 out of ⭐5.0 (Based on votes)
Websitehttps://zerodha.com/https://groww.in/

Zerodha vs Groww: Charges

Zerodha vs Groww: AMC & Account opening Charges

ChargesZerodhaGroww
Trading Account opening Charges ₹200Free
Trading Account AMC ChargesFreeFree
Demat Account Opening ChargesFreeFree
Demat Account AMC Charges₹300Free

Zerodha vs Groww: Plans

Plan TypesZerodhaGroww
Multiple Plans NoNo
Monthly PlansNoNo
Yearly PlansNoNo

Zerodha vs Groww: Brokerage Charges

ChargesZerodha Zero PlanGroww Standard Plan
Account TypeFlat FeeFlat Fee
Equity DeliveryFreeFree
Equity options₹20 per order₹20 per order
Equity Intraday₹20 per order or 0.03% whichever is lower₹20 per order or 0.05% whichever is lower
Currency futures₹20 per order or 0.03% whichever is lowerN/A
Currency options₹20 per orderN/A
Commodity Options₹20 per orderN/A
Fixed ChargesNoneNone

Zerodha vs Groww: Features

Account Feature CompareZerodhaGroww
3 in 1 AccountYesNo
Online DemoYesNo
SMS AlertsNoNo
Online PortfolioYesYes
Margin Trading Funding AvailableNoYes
Combined Ledger for Equity and CommodityYesNo
ChartingYesYes
Intraday Square-off time3:10 PM3:10 PM
NRI tradingYesNo
other FeaturesNILNIL
Algo TradingYesNo

Zerodha vs Groww: Transaction Charges

Transaction Charges CompareZerodhaGroww
Equity DeliveryNSE:335 Per Cr | BSE:375 Per CrNSE:335 Per Cr | BSE:375 Per Cr
Equity IntradayNSE:335 Per Cr | BSE:375 Per CrNSE:335 Per Cr | BSE:375 Per Cr
Equity FuturesNSE:200 Per Cr | BSE:FREENSE:200 Per Cr | BSE:FREE
Equity OptionsNSE:5050 Per Cr | BSE:3700 Per CrNSE:5050 Per Cr | BSE:3700 Per Cr
Currency FuturesNSE:90 Per Cr | BSE:25 Per CrNSE:90 Per Cr | BSE:25 Per Cr
Currency OptionsNSE:4000 Per Cr | BSE:100 Per CrNSE:4000 Per Cr | BSE:100 Per Cr
CommodityNon-Agri: Rs 360 Per Cr | Agri: Rs 275 Per CrNA

Zerodha vs Groww: Leverage Margin

ZerodhaGroww
Equity Delivery100% of trade value (1x Leverage)100% of trade value (1x Leverage)
Equity Intradayup to 20% of trade value (5x Leverage)up to 20% of trade value (5x Leverage)
F&O (Eq, Curr, Comm)100% NRML Margin (Span + Exposure) (1x Leverage) 100% NRML Margin (Span + Exposure) (1x Leverage)

Zerodha vs Groww: Other Charges

Other ChargesZerodhaGroww
Minimum Charges0.03% for Intraday and Futures/options (F&O) trades ₹20 or 0.05% per order, Whichever is Lower
Call & other ChargesPhysical Contract notes: ₹20, trade SMS alerts: ₹1 per SMSPhysical contract note: ₹20 + Courier charges; auto-square-off charges: ₹50
Other Charges₹50 per order N/A

Zerodha vs Groww: Investment options

ZerodhaGroww
Commodity YesNo
Stock / EquityYesYes
CurrencyYesNo
IPOYesYes
Bond / NCDNoNo
Mutual FundsYesYes
DebtNoYes
other investment PlansDigital Gold, Fixed Deposits, US Stocks

Zerodha vs Groww: Regulatory Status

DetailsZerodhaGroww
Regulatory bodySecurities and Exchange Board of India (SEBI)Securities and Exchange Board of India (SEBI)
Registration NumberINB/BO/0120309INB/BO/0112451
MembershipBSE, NSE, MCXBSE, NSE, MCX
Registration TypeCategory 1 Stock Broker Category 1 Stock Broker

Zerodha vs Groww: Pros

Yes Zerodha ProsYes Groww Pros
Free Account opening for people under 25Simple Price Model with low-cost trading Charges
Safe, Reliable and most Technologically Advance Broker in IndiaZero Maintenance Charges
Excellent trading platform (kite) available for Free.Zero Account opening fees
Direct Mutual Fund Investment is AvailableInhouse Brokerage Calculator
NRI Trading Account is Available Online IPO Application
Free Equity delivery trades No Brokerage Charges for Cash & DeliveryInstant Paperless account Opening
India’s No.1 Broker in terms of the Number of Active Clients and Exchange Volume.option to trade online in digital Gold & US Stocks other products (Derivatives, FD) in the Pipeline
No margin funding.No Marging Trading Facility
it does not offer an AMC free Demat account.No Margin Against Share
It Does not offer offer 3-in-1 Account.Advance order Types like (BO, AMO. CO & GTT) Not Available.

Zerodha vs Groww: Cons

No Zerodha ConsNo Groww Cons
it does not provide stocks tips, research, and recommendations.it doesn’t offer trading in SME Shares.
it does not offer an AMC free Demat account.No Call & Trade Service.
It Does not offer offer 3-in-1 Account.Branch Support Not Available.
No margin funding.No Margin Trading facility.
it does not offer Monthly unlimited trading Plans. No Margin Against Shares.
Auto Square-off is changed an extra ₹50 per order. Do not provide Stocks tips, research, Reports & Recommendations.
Call & Trade is charged an extra ₹50 per order.Do not offer NRI Trading.

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