Share Broker Reviews
CompareShareBrokers.com is here with a simple goal: conduct thorough and completely unbiased reviews to help individual investors find the best broker for their Investing needs. Here we will help you to compare share brokers side by side and provides a review in details so that finding a right broker become very easy.
Groww Broker review and Brokerage Charges 2020
Groww was launched in 2017 by former Flipkart executives Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. Groww started as a platform for buying direct mutual funds. Currently, It has over 6 million registered users and caters to investors across more than 800 cities. It is backed by some of the marquee investors, which include Sequoia, Ribbit, YCombinator and Mukesh Bansal, among others.
Equity Intraday Brokerage
The brokerage charges and the statutory charges like STT are much lower on intraday trades compared to delivery trades. This reduces the cost of intraday trading. When you buy equities for delivery, you are required to pay up 100% of the total cost upfront. On the contrary, if you designate your trade as an intraday trade, then the margin is just a portion of the full cost.
Equity Delivery Brokerage
Brokerage Charges on equity delivery trades are normally much higher than other kinds of trades like intraday, future, option, etc but some brokers like Zerodha, Upstox, Fyers, ProStocks, and Indiabulls offer brokerage free trading. The customer doesn't pay any brokerage while trading in the equity delivery segment.
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