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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
Details Zerodha Groww Type of Broker Discount Broker Discount Broker Founded in 2010 2016 users 15M+ 15M+ registered users Number of Branches 75+ (only Online services Available) Downloads on Playstore 10M+ 50M+ Exchange Membership BSE, NSE, MCX and NCDEX BSE and NSE Market Cap $2 Billion $1 Trillion in assets Founders Nithin Kamath and Nikhil Kamath Lalit 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)Website https://zerodha.com/ https://groww.in/
Zerodha vs Groww: Charges
Zerodha vs Groww: AMC & Account opening Charges
Charges Zerodha Groww Trading Account opening Charges ₹200 Free Trading Account AMC Charges Free Free Demat Account Opening Charges Free Free Demat Account AMC Charges ₹300 Free
Zerodha vs Groww: Plans
Plan Types Zerodha Groww Multiple Plans Monthly Plans Yearly Plans
Zerodha vs Groww: Brokerage Charges
Charges Zerodha Zero Plan Groww Standard Plan Account Type Flat Fee Flat Fee Equity Delivery Free Free 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 lower N/A Currency options ₹20 per order N/A Commodity Options ₹20 per order N/A Fixed Charges None None
Zerodha vs Groww: Features
Account Feature Compare Zerodha Groww 3 in 1 Account Online Demo SMS Alerts Online Portfolio Margin Trading Funding Available Combined Ledger for Equity and Commodity Charting Intraday Square-off time 3:10 PM 3:10 PM NRI trading other Features NIL NIL Algo Trading
Zerodha vs Groww: Transaction Charges
Transaction Charges Compare Zerodha Groww Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Zerodha vs Groww: Leverage Margin
Zerodha Groww Equity Delivery 100% of trade value (1x Leverage) 100% of trade value (1x Leverage) Equity Intraday up 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 Charges Zerodha Groww Minimum Charges 0.03% for Intraday and Futures/options (F&O) trades ₹20 or 0.05% per order, Whichever is Lower Call & other Charges Physical Contract notes: ₹20, trade SMS alerts: ₹1 per SMS Physical contract note: ₹20 + Courier charges; auto-square-off charges: ₹50 Other Charges ₹50 per order N/A
Zerodha vs Groww: Investment options
Zerodha Groww Commodity Stock / Equity Currency IPO Bond / NCD Mutual Funds Debt other investment Plans Digital Gold, Fixed Deposits, US Stocks
Zerodha vs Groww: Regulatory Status
Details Zerodha Groww Regulatory body Securities and Exchange Board of India (SEBI) Securities and Exchange Board of India (SEBI) Registration Number INB/BO/0120309 INB/BO/0112451 Membership BSE, NSE, MCX BSE, NSE, MCX Registration Type Category 1 Stock Broker Category 1 Stock Broker
Zerodha vs Groww: Pros
Zerodha Pros Groww Pros Free Account opening for people under 25 Simple Price Model with low-cost trading Charges Safe, Reliable and most Technologically Advance Broker in India Zero Maintenance Charges Excellent trading platform (kite) available for Free. Zero Account opening fees Direct Mutual Fund Investment is Available Inhouse Brokerage Calculator NRI Trading Account is Available Online IPO Application Free Equity delivery trades No Brokerage Charges for Cash & Delivery Instant 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
Zerodha Cons Groww Consit 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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