TradeSmart Vs Groww (Compare TradeSmart and Groww)

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


TradeSmart
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers. TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of... Know more about VNS Finance & Capital Services 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

Expand

TradeSmart Vs Groww

Incorporated in 1994, TradeSmart 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.

  TradeSmart Groww
Type of Broker Discount Broker Discount Broker
Supported Exchnages BSE, NSE, MCX NSE and BSE
Account Type Power Plan (?15/Order) Standard Plan
Year of Incorporation 1994 2016
Number of Branches 1 0
Broker Enquiry Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
Expand

TradeSmart Vs Groww Charges & AMC

TradeSmart trading account opening charges is Rs 200 while Groww account opening changes is Rs 0. TradeSmart Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.

  TradeSmart Groww
Trading Account Opening Charges Rs 200 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 200 Rs 0
Demat Account AMC Charges Rs 300 Rs 0
Expand

TradeSmart Vs Groww Brokerage Charges & Plans

TradeSmart Vs Groww Brokerage

TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 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.

  TradeSmart Groww
Account Type Power Plan (?15/Order) Standard Plan
Fixed Charges NA
Equity Delivery Brokerage Rs 15 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage Rs 15 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage Rs 15 per executed order NA
Equity Options Brokerage Rs 15 per executed order NA
Currency Futures Trading Brokerage Rs 15 per executed order NA
Currency Options Trading Brokerage Rs 15 per executed order NA
Commodity Futures Trading Brokerage Rs 15 per executed order NA
Commodity Options Trading Brokerage Rs 15 per executed order NA
Special Offer
Special Offer: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer

TradeSmart Vs Groww Brokerage Plan 2

  TradeSmart Groww
Account Type Value Plan Standard Plan
Fixed Charges NA
Equity Delivery Brokerage 0.007% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage 0.007% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage 0.007% NA
Equity Options Brokerage Rs 7 Per Lot NA
Currency Futures Trading Brokerage 0.007% NA
Currency Options Trading Brokerage Rs 7 Per Lot NA
Commodity Futures Trading Brokerage 0.007% NA
Commodity Options Trading Brokerage Rs 7 Per Lot NA

TradeSmart Charges Vs Groww

Minimum Brokerage Charges Rs 15 per executed order Rs 20 or 0.05% per executed order
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 20 per executed order NA
Expand

TradeSmart Vs Groww Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Groww exchange transaction charges for options is NA.

  TradeSmart Groww
Equity Delivery 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday 0.0035% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures 0.0024% NA
Equity Options 0.0715% NA
Currency Futures 0.00165% NA
Currency Options 0.06% NA
Commodity 0.0039% NA
Expand

TradeSmart Vs Groww Leverage (Margin)

TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

  TradeSmart Groww
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 30x trading margin Up to 8x (based on the stock)
Equity Futures MIS: 3X | BO: 7X | CO: 7X NA
Equity Options MIS: 3X | BO: 7X | CO: 7X NA
Currency Futures MIS: 3X | BO: 3X | CO: 3X NA
Currency Options MIS: 3X | BO: NA | CO: NA NA
Commodity Futures MIS: 2X | BO: 6X | CO: 6X NA
Commodity Options MIS: NA | BO: NA | CO: NA NA
Expand

Compare TradeSmart and Groww Features

The trading platforms offered TradeSmart include NEST, NOW, Spin. Groww offers Groww trading software.

  TradeSmart Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, NOW, Spin Groww
Intraday Square-off Time Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing 3:10 PM
Other Features
Referral Program Yes
Expand

TradeSmart Vs Groww Review

TradeSmart is rated 4.0 of 5 based on 66 customer reviews whereas Groww is rated 3.8 of 5 based on 18 customer reviews.

  TradeSmart Groww
  66 Customer Reviews    Rate TradeSmart 18 Customer Reviews    Rate Groww
Fees 3.8 4.4
Trading Brokerage 4.4 3.9
Trading Platform Usability 3.7 3.8
Customer Service 4.0 3.6
Research Capabilities 2.6 2.3
Overall Ratings Rated 4.0 stars Rated 3.8 stars
Broker Rating TradeSmart is rated 4.0 of 5 based on 66 customer reviews Groww is rated 3.8 of 5 based on 18 customer reviews
Expand

Contact Broker / Request A Call Back

  TradeSmart Enquire Groww Enquire
Contact Broker

FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer

Expand

TradeSmart Vs Groww Investment Options

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

TradeSmart Vs Groww Order Type Offered

  TradeSmart Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
Expand

TradeSmart Vs Groww Research Report

  TradeSmart Groww
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
Expand

TradeSmart Vs Groww Suitable For Investor Type

  TradeSmart Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

TradeSmart Vs Groww - Pros and Cons

  TradeSmart Groww
Pros
  • Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • TradeSmart is in the stock broking industry since 1994.
  • TSO's online knowledgebase has a lot of information which is helpful for most customers.
  • 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
  • Call and Trade is charged at extra Rs 20 per executed order.
  • Physical contract notes Rs 20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.
  • 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 Useful Articles:

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

Limited Time Offer - Free Account Opening (Rs 400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order.

Get this limited time offer

Compare More Brokers...

TradeSmart Groww
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App