Chittorgarh.com Logo
Loading...

Finvasia Vs Groww (Compare Finvasia and Groww)


Finvasia Securities Pvt Ltd Logo

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


Nextbillion Technology pvt ltd Logo

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

Expand

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
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2013 2016
Number of Branches 1 0
Expand

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
Expand

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 Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 0 NA
Equity Options Rs 0 NA
Currency Futures Rs 0 NA
Currency Options Rs 0 NA
Commodity Futures Rs 0 NA
Commodity Options Rs 0 NA
Special Offer

Finvasia Charges Vs Groww

Minimum Brokerage Rs 0 Rs 20 or 0.05% per executed order
Other 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
Expand

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
Expand

Finvasia Vs Groww Leverage (Margin)

Finvasia margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Finvasia Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Expand

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 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
Expand

Finvasia Vs Groww Review

Finvasia is rated 4.5 of 5 based on 43 customer reviews whereas Groww is rated 3.8 of 5 based on 36 customer reviews.

  Finvasia Groww
  43 Customer Reviews    Rate Finvasia 36 Customer Reviews    Rate Groww
Fees 4.7 4.2
Brokerage 4.9 3.9
Trading Platform 3.5 3.8
Customer Service 4.4 3.4
Research Capabilities 2.9 2.8
Overall Ratings Rated 4.5 stars Rated 3.8 stars
Broker Rating Finvasia is rated 4.5 of 5 based on 43 customer reviews Groww is rated 3.8 of 5 based on 36 customer reviews
Expand

Contact Broker / Request A Call Back

  Finvasia Enquire Groww Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Leave your contact information and we will get in touch with you....
Expand

Finvasia Vs Groww Investment Options

  Finvasia Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits
Expand

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
Expand

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
Expand

Finvasia Vs Groww Suitable For Investor Type

  Finvasia Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

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.
  • 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
  • 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.
  • 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.

Promo / Offers

Compare More Brokers...

Finvasia Groww
Compare More Brokers: