FREE Account Opening + No Clearing Fees
Loading...

Yes Securities Vs Groww (Compare Yes Securities and Groww)

Yes Securities Limited Logo

About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h... Know more about Yes Securities Limited

Nextbillion Technology pvt ltd Logo

About 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

Yes Securities Vs Groww

Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Yes Securities Groww
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE NSE and BSE
Year of Incorporation 2013 2016
Number of Branches 52 0

Expand

Yes Securities Vs Groww Charges & AMC

Yes Securities trading account opening charges is Rs 999 while Groww account opening changes is Rs 0 (Free). Yes Securities Demat Account AMC Charges is Rs 500 and Groww Demat Account AMC Charges is Rs 0.

  Yes Securities Groww
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 500 Rs 0

Expand

Yes Securities Vs Groww Brokerage

Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides) 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.

Account Type Yes Securities INVEST Value Plan Groww Standard Plan
Fixed Charges NA
Equity Delivery 0.45% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.05%(both Sides) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.05% | Intraday - 0.02% Rs 20 per executed order
Equity Options Rs 75 per lot | Intraday - Rs 25 per lot Rs 20 per executed order
Currency Futures 0.05% | Intraday - 0.02% NA
Currency Options Rs 75 per lot | Intraday - Rs 25 per lot NA
Commodity Futures NA NA
Commodity Options NA NA
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes Securities Vs Groww Brokerage Plan 2

  Yes Securities Groww
Account Type INVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover) Standard Plan
Fixed Charges NA
Equity Delivery 0.40% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.04% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.04% | Intraday - 0.02% Rs 20 per executed order
Equity Options Rs 70 per lot | Intraday - Rs 25 per lot Rs 20 per executed order
Currency Futures 0.04% | Intraday - 0.02% NA
Currency Options Rs 70 per lot | Intraday - Rs 25 per lot NA
Commodity Futures NA NA
Commodity Options NA NA

Yes Securities Charges Vs Groww

Minimum Brokerage Rs 25 or 2.5% of Trade Value whichever is lower Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Additional Rs 25 per executed order NA

Expand

Yes Securities Vs Groww Transaction Charges

Yes Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Yes Securities Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity 0.0030% NA

Expand

Yes Securities Vs Groww Leverage (Margin)

Yes Securities 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.

  Yes Securities 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 Yes Securities and Groww Features

The trading platforms offered Yes Securities include YesInvest (Website), Yes Trader (Mobile App). Groww offers Groww trading software.

  Yes Securities Groww
3 in 1 Account Yes No
Charting No Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo No 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 YesInvest (Website), Yes Trader (Mobile App) Groww
Intraday Square-off Time 3:10 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features

Expand

Yes Securities Vs Groww Review

Yes Securities is rated 2.5 of 5 based on 4 customer reviews whereas Groww is rated 3.9 of 5 based on 93 customer reviews.

  Yes Securities Groww
  4 Customer Reviews    Rate Yes Securities 93 Customer Reviews    Rate Groww
Fees 3.3 4.3
Brokerage 2.0 3.9
Trading Platform 3.0 3.9
Customer Service 2.8 3.6
Research Capabilities 3.0 3.2
Overall Ratings Rated 2.5 stars Rated 3.9 stars
Broker Rating Yes Securities is rated 2.5 of 5 based on 4 customer reviews Groww is rated 3.9 of 5 based on 93 customer reviews

Expand

Contact Broker / Request A Call Back

  Yes Securities Enquire Groww Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Expand

Yes Securities Vs Groww Investment Options

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

Expand

Yes Securities Vs Groww Order Type Offered

  Yes Securities Groww
Bracket Order No 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) No No

Expand

Yes Securities Vs Groww Research Report

  Yes Securities Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

Expand

Yes Securities Vs Groww Suitable For Investor Type

  Yes Securities Groww
Casual Investor Yes Yes
Active Investor
Trader

Expand

Yes Securities Vs Groww - Pros and Cons

  Yes Securities Groww
Pros
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
  • 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
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • 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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Comments

Add a public comment...

Compare Yes Securities Compare Groww
Compare More Brokers: