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Beeline Vs Groww (Compare Beeline and 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...

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...

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
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE and BSE
Year of Incorporation		2016
Number of Branches		0

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 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	Rs 18 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 18 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 18 per executed order	NA
Equity Options	Rs 18 per executed order	NA
Currency Futures	Rs 18 per executed order	NA
Currency Options	Rs 18 per executed order	NA
Commodity Futures	Rs 18 per executed order	NA
Commodity Options		NA
Special Offer

Beeline Vs Groww Brokerage Plan 2

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

Beeline Charges Vs Groww

Minimum Brokerage	Rs 18 per executed order	Rs 20 or 0.05% per executed order
Other 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 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.

	Beeline	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 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
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 3.7 of 5 based on 31 customer reviews.

	Beeline	Groww
	2 Customer Reviews	31 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	Groww is rated 3.7 of 5 based on 31 customer reviews

Contact Broker / Request A Call Back

	Beeline 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....

Beeline Vs Groww Investment Options

	Beeline	Groww
Stock / Equity
Commodity
Currency
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.	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	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.	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	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.	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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Beeline	Groww
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