Beeline Vs Groww (Compare Beeline and Groww)

The side-by-side comparison of Beeline and Groww. Compare Beeline Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Beeline vs Groww?


Beeline
Beeline Broking Ltd is an online Discount Stock Broker. Beeline offers trading & investment at BSE, NSE, MCX and NCDEX exchanges. Beeline offers investment across segments including Equity, Derivative, Currency Derivatives, Commodity and Insurance. Beeline is the only broker in India who offers both Traditional Brokerage Plans as well as Discount Brokerage Plan. These plans are available in segments including Equities F&O, Currency F&O and MCX Futures. The brokerage is charged Rs 18 per execute... Know more about Beeline Broking Limited


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... Know more about Nextbillion Technology pvt ltd

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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 Open an Online Trading Account with Beeline. Leave your contact info and we will get in touch with you.
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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
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Beeline Vs Groww Brokerage Charges & Plans

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
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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
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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
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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 No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform NSE Now, ODIN (My Armour) Groww
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features
Referral Program
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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    Rate Beeline 9 Customer Reviews    Rate Groww
Fees 4.5 4.3
Trading Brokerage 4.5 4.3
Trading Platform Usability 3.0 3.7
Customer Service 3.5 3.6
Research Capabilities 2.2
Overall Ratings Rated 4.0 stars Rated 3.9 stars
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
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Contact Broker / Request A Call Back

  Beeline Enquire Groww Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

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Beeline Vs Groww Investment Options

  Beeline Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD Yes No
Debt No Yes
Other Investment Options Insurance Digital Gold, US Stocks, Fixed Deposits
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Beeline Vs Groww Order Type Offered

  Beeline Groww
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No
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Beeline Vs Groww Research Report

  Beeline Groww
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Beeline Vs Groww Suitable For Investor Type

  Beeline Groww
Casual Investor Yes
Active Investor
Trader Yes
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Beeline Vs Groww - Pros and Cons

  Beeline Groww
Pros
  1. Online Discount Stock and Commodity Broker.
  2. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures.
  3. Rs 0 AMC Demat account when paid Rs 876 one time fee.
  4. NSE Now and ODIN trading software.
  5. Dedicated relationship managers are available.
Cons
  1. Software uses changes at Rs 150 per segment.
  2. Call & Trade is not free. It is charged at Rs 20 per order.
  3. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform.
  4. 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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