The side-by-side comparison of Indira Securities and Groww. Compare Indira Securities Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Indira Securities vs Groww?
Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
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...
Incorporated in 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
Indira Securities trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0. Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year) and Groww Demat Account AMC Charges is Rs 0.
Indira Securities | 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 450 (Free for 1st year) | Rs 0 |
Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01% 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.
Indira Securities | Groww | |
---|---|---|
Account Type | Traditional Plan | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.10% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | 0.01% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | 0.01% | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 25 per lot (both side) | Rs 20 per executed order |
Currency Futures Trading Brokerage | 0.01% | NA |
Currency Options Trading Brokerage | Rs 25 per lot (both side) | NA |
Commodity Futures Trading Brokerage | 0.01% | NA |
Commodity Options Trading Brokerage | Rs 25 per lot (both side) | NA |
Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
Indira Securities | Groww | |
---|---|---|
Account Type | Discount Brokerage Plan | Standard Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order | NA |
Currency Options Trading Brokerage | Rs 20 per executed order | NA |
Commodity Futures Trading Brokerage | Rs 20 per executed order | NA |
Commodity Options Trading Brokerage | Rs 20 per executed order | NA |
Minimum Brokerage Charges | Rs 20 per executed order | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
Call & Trade Charges | Rs 0 (Free) | NA |
Indira Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Groww exchange transaction charges for options is NA.
Indira Securities | Groww | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | 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%) | 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%) | NA |
Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) | NA |
Currency Futures | NSE Rs 120 per Cr (0.0012%) | NA |
Currency Options | NSE Rs 500 per Cr (0.005%) (on premium) | NA |
Commodity | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) | NA |
Indira Securities provides the margin of Up to 10x (based on the stock) for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
Indira Securities | Groww | |
---|---|---|
Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 10x (based on the stock) | Up to 8x (based on the stock) |
Equity Futures | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) | NA |
Equity Options | 1x (no margin) | NA |
Currency Futures | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) | NA |
Currency Options | 1x (no margin) | NA |
Commodity Futures | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) | NA |
Commodity Options | 1x (no margin) | NA |
The trading platforms offered Indira Securities include ODIN. Groww offers Groww trading software.
Indira Securities | 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 | ODIN | Groww |
Intraday Square-off Time | 3:15 PM | 3:10 PM |
Other Features | ||
Referral Program | ![]() |
Indira Securities is rated 4.5 of 5 based on 2 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.
Indira Securities | Groww | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc