The side-by-side comparison of iTradeOnline and Groww. Compare iTradeOnline Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best iTradeOnline vs Groww?
iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX.
Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available...
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 , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. 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.
iTradeOnline trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0. iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Groww Demat Account AMC Charges is Rs 0.
iTradeOnline | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Regular: Rs 0, Lifetime Free AMC: Rs 1000 | Rs 0 |
Demat Account AMC Charges | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 | Rs 0 |
iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower 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.
iTradeOnline | Groww | |
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Account Type | Pay Per Trade | Standard Plan |
Fixed Charges | Rs 0 | NA |
Equity Delivery Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 20 per executed order or .01% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .01% whichever is lower | NA |
Equity Options Brokerage | Rs 20 per executed order or .01% whichever is lower | NA |
Currency Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | NA |
Currency Options Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | NA |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .01% whichever is lower | NA |
Commodity Options Trading Brokerage | NA | |
Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
Minimum Brokerage Charges | Rs 0 (No Minimum Brokerage) | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Physical contact notes: Rs 20 | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
Call & Trade Charges | Rs 0 (Free) | NA |
iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while Groww exchange transaction charges for options is NA.
iTradeOnline | Groww | |
---|---|---|
Equity Delivery | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | NSE Rs 190 per crore (0.0019%) | NA |
Equity Options | NSE Rs 5000 per crore (0.05%) | NA |
Currency Futures | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) | NA |
Currency Options | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 | NA |
Commodity | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) | NA |
iTradeOnline provides the margin of Upto 20x (based on the stock) for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
iTradeOnline | Groww | |
---|---|---|
Equity Delivery | Upto 5x (based on the stock) | 1x (no margin) |
Equity Intraday | Upto 20x (based on the stock) | Up to 8x (based on the stock) |
Equity Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Equity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Currency Futures | Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Currency Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Commodity Futures | Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span | NA |
Commodity Options | Intraday - 100%(1x), Carry forward - 100%(1x) of Span | NA |
The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Groww offers Groww trading software.
iTradeOnline | Groww | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. | Groww |
Intraday Square-off Time | Equity: 3:15 PM, Commodity: 11:15 PM | 3:10 PM |
Other Features | ||
Referral Program |
iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Groww is rated 4.0 of 5 based on 11 customer reviews.
iTradeOnline | Groww | |
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Cons |
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Promo / Offers | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you. |
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