Finvasia Vs Groww (Compare Finvasia and Groww)

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


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd


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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Finvasia Vs Groww

Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, 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.

  Finvasia Groww
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Standard Standard Plan
Year of Incorporation 2013 2016
Number of Branches 1 0
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Finvasia Vs Groww Charges & AMC

Finvasia trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0. Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC) and Groww Demat Account AMC Charges is Rs 0.

  Finvasia Groww
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 0 per year (Lifetime Zero AMC) Rs 0
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Finvasia Vs Groww Brokerage Charges & Plans

Finvasia Vs Groww Brokerage

Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0 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.

  Finvasia Groww
Account Type Standard Standard Plan
Fixed Charges NA NA
Equity Delivery Brokerage Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 0 NA
Equity Options Brokerage Rs 0 NA
Currency Futures Trading Brokerage Rs 0 NA
Currency Options Trading Brokerage Rs 0 NA
Commodity Futures Trading Brokerage Rs 0 NA
Commodity Options Trading Brokerage Rs 0 NA
Special Offer

Finvasia Charges Vs Groww

Minimum Brokerage Charges Rs 0 Rs 20 or 0.05% per executed order
Other Brokerage Charges Bracket Orders in NEST: Rs 99 per month Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 0 NA
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Finvasia Vs Groww Transaction Charges

Finvasia transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Groww exchange transaction charges for options is NA.

  Finvasia Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (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 325 per Cr (0.00325%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NA
Equity Options Rs 5000 per Cr (0.05%) (on premium) NA
Currency Futures Rs 115 per Cr (0.00115%) NA
Currency Options Rs 4000 per Cr (0.04%) (on premium) NA
Commodity Rs 260 per Cr (0.0026%) NA
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Finvasia Vs Groww Leverage (Margin)

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

  Finvasia Groww
Equity Delivery 1x 1x (no margin)
Equity Intraday up to 10x Up to 8x (based on the stock)
Equity Futures 2x NA
Equity Options 1x NA
Currency Futures 1x NA
Currency Options 1x NA
Commodity Futures 2x NA
Commodity Options 1x NA
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Compare Finvasia and Groww Features

The trading platforms offered Finvasia include Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto. Groww offers Groww trading software.

  Finvasia Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes 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 No
Margin Against Shares (Equity F&O) No No
Trading Platform Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto Groww
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Finvasia Vs Groww Review

Finvasia is rated 4.4 of 5 based on 31 customer reviews whereas Groww is rated 4.0 of 5 based on 11 customer reviews.

  Finvasia Groww
  31 Customer Reviews    Rate Finvasia 11 Customer Reviews    Rate Groww
Fees 4.6 4.5
Trading Brokerage 4.9 4.3
Trading Platform Usability 3.3 3.9
Customer Service 4.5 3.6
Research Capabilities 2.8 2.2
Overall Ratings Rated 4.4 stars Rated 4.0 stars
Broker Rating Finvasia is rated 4.4 of 5 based on 31 customer reviews Groww is rated 4.0 of 5 based on 11 customer reviews
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  Finvasia Enquire Groww Enquire
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Finvasia Vs Groww Investment Options

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

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

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

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

  Finvasia Groww
Pros
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
Cons
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
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