Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.
Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.
Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Charge | Groww | Trade Smart Online |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹200 |
Trading Acc Opening Charges | ₹200 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 p.a. (wherein ₹25 charged quarterly) | ₹300 |
Charge | Groww | Trade Smart Online |
---|---|---|
Plan Name | Standard Plan | Power Trading Plan |
Equity Delivery | ₹0 | ₹15 per executed order |
Equity Intraday | ₹20 or 0.01% of executed order value | ₹15 per executed order |
Equity Futures | N/A | ₹15 per executed order |
Equity Options | N/A | ₹15 per executed order |
Currency Futures | N/A | ₹15 per executed order |
Currency Options | N/A | ₹15 per executed order |
Commodity Options | N/A | ₹15 per executed order |
Mutual Fund | N/A | N/A |
Segment | Groww | Trade Smart Online |
---|---|---|
Equity Delivery | N/A | 1x (No Margin) |
Equity Intraday | N/A | Upto 30x |
Equity Future | N/A | MIS: 3X | BO: 7X | CO: 7X |
Equity Options | N/A | MIS: 3X | BO: 7X | CO: 7X |
Currency Future | N/A | MIS: 3X | BO: 3X | CO: 3X |
Currency Options | N/A | MIS: 3X |
Commodity Future | N/A | MIS: 2X | BO: 6X | CO: 6X |
Commodity Options | N/A | N/A |