Beeline Vs Groww (Compare Beeline and Groww)

Beeline Vs Groww

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

	Beeline	Groww
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	NSE and BSE
Account Type	Discount Brokerage Plan	Standard Plan
Year of Incorporation		2016
Number of Branches		0
Broker Enquiry

Beeline Vs Groww Charges & AMC

Beeline trading account opening charges is Nil while Groww account opening changes is Rs 0. Beeline Demat Account AMC Charges is Zero AMC with one time Rs 876 fee and Groww Demat Account AMC Charges is Rs 0.

	Beeline	Groww
Trading Account Opening Charges	Nil	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Zero AMC with one time Rs 876 fee	Rs 0

Beeline Vs Groww Brokerage

Beeline brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order 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.

	Beeline	Groww
Account Type	Discount Brokerage Plan	Standard Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	Rs 18 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	Rs 18 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 18 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	Rs 18 per executed order	Rs 20 per executed order
Currency Futures Trading Brokerage	Rs 18 per executed order	NA
Currency Options Trading Brokerage	Rs 18 per executed order	NA
Commodity Futures Trading Brokerage	Rs 18 per executed order	NA
Commodity Options Trading Brokerage		NA
Special Offer

Beeline Vs Groww Brokerage Plan 2

	Beeline	Groww
Account Type	Traditional Brokerage Plan	Standard Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	As per margin	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	As per margin	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	As per margin	Rs 20 per executed order or 0.05% whichever is lower
Equity Options Brokerage	As per margin	Rs 20 per executed order
Currency Futures Trading Brokerage	As per margin	NA
Currency Options Trading Brokerage	As per margin	NA
Commodity Futures Trading Brokerage	As per margin	NA
Commodity Options Trading Brokerage		NA

Beeline Charges Vs Groww

Minimum Brokerage Charges	Rs 18 per executed order	Rs 20 or 0.05% per executed order
Other Brokerage Charges	Software Charges at Rs 150 per segment	Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 20 per executed order	NA

Beeline Vs Groww Transaction Charges

Beeline transaction charges for options is NSE Rs 5600 per Cr (0.056%) while Groww exchange transaction charges for options is NA.

	Beeline	Groww
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 215 per Cr (0.00215%)	NA
Equity Options	NSE Rs 5600 per Cr (0.056%)	NA
Currency Futures	NSE Rs 135 per Cr (0.00135%)	NA
Currency Options	NSE Rs 4600 per Cr (0.046%)	NA
Commodity	MCX Rs 260 per Cr (0.0026%)| NCDEX Rs 400 per Cr (0.004%)	NA

Beeline Vs Groww Leverage (Margin)

Beeline provides the margin of 10 times for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

	Beeline	Groww
Equity Delivery	1 times	1x (no margin)
Equity Intraday	10 times	Up to 8x (based on the stock)
Equity Futures	3 times	NA
Equity Options	Selling: 3 times | Buying: 1 times	NA
Currency Futures	2 times	NA
Currency Options	Selling: 2 times | Buying: 1 times	NA
Commodity Futures	MCX Futres: 3 times | NCDEX Futures: 1 times	NA
Commodity Options		NA

Compare Beeline and Groww Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). Groww offers Groww trading software.

	Beeline	Groww
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NSE Now, ODIN (My Armour)	Groww
Intraday Square-off Time	3:15 PM	3:10 PM
Other Features
Referral Program

Beeline Vs Groww Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

	Beeline	Groww
	2 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

Beeline Vs Groww Investment Options

	Beeline	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Digital Gold, US Stocks, Fixed Deposits

Beeline Vs Groww Order Type Offered

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

Beeline Vs Groww Research Report

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

Beeline Vs Groww Suitable For Investor Type

	Beeline	Groww
Casual Investor
Active Investor
Trader

Beeline Vs Groww - Pros and Cons

	Beeline	Groww
Pros	Online Discount Stock and Commodity Broker. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures. Rs 0 AMC Demat account when paid Rs 876 one time fee. NSE Now and ODIN trading software. Dedicated relationship managers are available.
Cons	Software uses changes at Rs 150 per segment. Call & Trade is not free. It is charged at Rs 20 per order. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform. Doesn't offer local customer service as it doesn't have branch offices.
Reviews	Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.
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