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Achiievers Vs Groww (Compare Achiievers and Groww)

Achiievers
Incorporated in 1999, Achiievers Equities Ltd is an online discount brokerage firm offering brokerage services for stocks, futures, and options, currency and commodities on NSE, BSE & MCX. Achiievers offers a whole new way of trading going with the tagline "Making Money Differently", made it simple wherein a client pays a nominal brokerage charge of either Rs 50 per day for Unlimited Trade or Rs 750 for unlimited trading for the entire month or can opt for a suitable brokerage plan as per con...

Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Achiievers Vs Groww

Incorporated in 2012, Achiievers is a Discount Broker. It offers trading at NSE, BSE and MCX. It has 1 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Achiievers	Groww
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE and MCX	NSE and BSE
Year of Incorporation	2012	2016
Number of Branches	1	0

Achiievers Vs Groww Charges & AMC

Achiievers trading account opening charges is Rs 150 while Groww account opening changes is Rs 0. Achiievers Demat Account AMC Charges is Rs 400 and Groww Demat Account AMC Charges is Rs 0.

	Achiievers	Groww
Trading Account Opening Charges	Rs 150	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 400	Rs 0

Achiievers Vs Groww Brokerage Charges & Plans

Achiievers Vs Groww Brokerage

Achiievers brokerage charges for equity is Rs 15 and intraday is Rs 15 whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	Achiievers	Groww
Account Type	Flat Fee Plan	Standard Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 15	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 15	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 15	NA
Equity Options	Rs 15	NA
Currency Futures	Rs 15	NA
Currency Options	Rs 15	NA
Commodity Futures	Rs 15	NA
Commodity Options		NA
Special Offer

Achiievers Vs Groww Brokerage Plan 2

	Achiievers	Groww
Account Type	Mega Value Plan	Standard Plan
Fixed Charges	Rs 750 (Per Segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 1 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 1 per executed order	NA
Equity Options	Rs 1 per executed order	NA
Currency Futures	Rs 1 per executed order	NA
Currency Options	Rs 1 per executed order	NA
Commodity Futures	Rs 1 per executed order	NA
Commodity Options	Rs 1 per executed order	NA

Achiievers Vs Groww Brokerage Plan 3

	Achiievers	Groww
Account Type	Per Day Plan	Standard Plan
Fixed Charges	Rs 50 per day (each segment)	NA
Equity Delivery	Rs 1 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 1 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 1 per executed order	NA
Equity Options	Rs 1 per executed order	NA
Currency Futures	Rs 1 per executed order	NA
Currency Options	Rs 1 per executed order	NA
Commodity Futures	Rs 1 per executed order	NA
Commodity Options	Rs 1 per executed order	NA

Achiievers Charges Vs Groww

Minimum Brokerage	Rs 15	Rs 20 or 0.05% per executed order
Other Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 20 per trade	NA

Achiievers Vs Groww Transaction Charges

Achiievers transaction charges for options is Rs 7500 per Cr (0.075%) while Groww exchange transaction charges for options is NA.

	Achiievers	Groww
Equity Delivery	Rs 350 per Cr (0.0035%)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 350 per Cr (0.0035%)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 390 per Cr (0.0039%)	NA
Equity Options	Rs 7500 per Cr (0.075%)	NA
Currency Futures	Rs 175 per Cr (0.00175%)	NA
Currency Options	Rs 6500 per Cr (0.065%)	NA
Commodity	MCX Agri Rs 325 per Cr (0.00325%) \| Non Agri Rs 460 per Cr (0.0046%)	NA

Achiievers Vs Groww Leverage (Margin)

Achiievers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Achiievers	Groww
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)

Compare Achiievers and Groww Features

The trading platforms offered Achiievers include NOW Online, NOW Trader. Groww offers Groww trading software.

	Achiievers	Groww
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NOW Online, NOW Trader	Groww
Intraday Square-off Time	3:15 PM	3:10 PM
Other Features
Referral Program

Achiievers Vs Groww Review

Achiievers is rated 4.6 of 5 based on 5 customer reviews whereas Groww is rated 3.8 of 5 based on 33 customer reviews.

	Achiievers	Groww
	5 Customer Reviews	33 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Achiievers is rated 4.6 of 5 based on 5 customer reviews	Groww is rated 3.8 of 5 based on 33 customer reviews

Contact Broker / Request A Call Back

	Achiievers Enquire	Groww Enquire
Contact Broker	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you....

Achiievers Vs Groww Investment Options

	Achiievers	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Achiievers Vs Groww Order Type Offered

	Achiievers	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Achiievers Vs Groww Research Report

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

Achiievers Vs Groww Suitable For Investor Type

	Achiievers	Groww
Casual Investor
Active Investor
Trader

Achiievers Vs Groww - Pros and Cons

	Achiievers	Groww
Pros	MEGA VALUE PLAN (MVP) the monthly unlimited trading plan @ Rs 750/ per month for trading at NSE, BSE, NSE SX and MCX. Rs 50 per day plan and Rs 15 per trade plan is also available. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. Achiievers offers facility to invest in IPO, FPO, Mutual Funds, Insurance, FDs, NCDs and Offer For Sale (OFS).	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons	Call and trade facility available with additional charges of Rs 20 per trade. They charge Rs 75 per month for Research recommendation on SMS.	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
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