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FINVASIA vs Groww (Compare FINVASIA and Groww)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between FINVASIA vs Groww, Below comparison of FINVASIA vs Groww highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of FINVASIA vs Groww is given below:

FINVASIA Groww
About The Brokers
FINVASIA :

"Finvasia is a discounted stock broker that offers lifetime zero brokerage on all equity delivery and intraday trades on BSE, NSE, NCDEX, and MCX. In addition to that,   >>> more

Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Find More Information about the Broker :
FINVASIA :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker
FINVASIA :
 Discount Broker
Groww :
 Discount Broker
Promo/offers
FINVASIA :
N/A
Groww :
N/A
Advantage
FINVASIA :
  •  Finvasia offers lifetime free brokerage to its users which means they don’t charge any brokerage on trades, the customers is supposed to pay govt taxes , Stock exchange charges and monthly trading platform charges for using some advance tools & trading platforms.
  •  Finvasia offers free Demat + trading account opening and unlimited call & trade.
  •  Finvasia also offers free trade clearing.
  •  MCX Commodity trading offers GTC orders for all users
  •  Finvasia offers free trading software — ScalperT where the users can do trading on the web and through mobile apps.
  •  Finvasia offers APIs and Algo trading tools.
  •  Finvasia offers seamless KYC and Aadhar eSign facility to fasten the account opening process.
  •  Finvasia offers users advanced order types — cover order and bracket at the lowest fees.
  •  In addition to stock trading, Finvasia also offers Investment opportunity in Bonds, IPO and Mutual Funds.
  •  Finvasia offers excellent NRI trading.
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
  •  Online Chat support is available
  •  Online IPO Application facility is available for its customers
  •  Finvasia Scalper trading platform allows its users to place various orders in one go and invest in multiple segments through a single platform.
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
Disadvantage
FINVASIA :
  •  There is no dedicated relationship manager in Finvasia; thus the traders need to look out for their portfolios themselves
  •  Does not provide 3in1 account facility.
  •  Finvasia charges for Advance order types like Bracket orders etc.
  •  Trading platforms like NEST and NOW are chargeable.
  •  GTC orders are not available at NSE and BSE. They are available at MCX.
  •  Finvasia is online broker and does not have any branches for local support.
  •  Scalpter (trading website) has only 1 min charting frame.
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Why This
FINVASIA :
  •  The first discounted stockbroker in India offers lifetime brokerage free Demat + Trading account with Zero AMC, Free call & trade services, zero clearing services, and lowest transaction charges on equity delivery, intraday, and F&O.
  •  Finvasia offers a wide range of products under one roof — stock trading, commodities, currencies, mutual funds, IPOs, FPI (Foreign Portfolio Investors), NRI trading, wealth management to High Net Worth Individuals (HNIs), investment in real estate, and many more.
  •  Finvasia offers five excellent trading platforms to cater to different types of traders — ScalperT, NEST (Omnisys Powered Trading Terminal), NSE NOW, Blitz Trader (Algorithmic Trading Platform), and Symphony Presto.
  •  Finvasia offers quick paperless online account opening within 5 minutes.
  •  Finvasia trading platforms are available on Windows, MacBook, Android, and iOS platforms.
  •  Other features: advanced market search, live streaming prices, quick order execution, interactive charts, global indices, and many more.
  •  Finvasia offers a user-friendly trading platform with a global buy and sells window.
  •  Finvasia offers financial trading services to the NRIs, PIO (Person Indian Origin)/OCI (Overseas Citizens of India), Foreign Nationals, and QFI (Qualified foreign investor) that are interested to invest in the Indian market.
  •  Finvasia offers FPI (Foreign Portfolio Investors) from globally. FPI is offered by limited brokers in India and Finvasia is one of them even being a discounted broker.
  • Finvasia offers excellent wealth management resolutions to High Net Worth individuals based in India and NRIs.
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks

FINVASIA vs Groww Account Opening & AMC Charges

FINVASIA Trading Account Opening Fee is Rs 0 (Free) and Groww Trading Account Opening Fee is Rs 0 (Free) . FINVASIA Demat Account AMC is Rs 0 per year (Lifetime Zero AMC) and Groww Demat Account AMC is Rs 0 .

FINVASIA Groww
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 0 per year (Lifetime Zero AMC)

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0


FINVASIA vs Groww Brokerage Charges

FINVASIA Brokerage Charges Equity Delivery is Rs 0 and Equity Intraday is Rs 0 and Equity Options is Rs 0 . Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

FINVASIA Groww
Plan Name Plan Name :

Finvasia default Brokerage Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs 0

Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday Equity Intraday :

Rs 0

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

Rs 0

Equity Future :

Rs 20 per executed order

Equity Options Equity Options :

Rs 0

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 0

Currency Futures :

NA

Currency Options Currency Options :

Rs 0

Currency Options :

NA

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading :

Margin Trading : -
Commodity Futures Commodity Futures :

Rs 0

Commodity Futures :

NA

Commodity Options Commodity Options :

Rs 0

Commodity Options :

NA


FINVASIA vs Groww Exchange Transaction Charges

FINVASIA Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .

FINVASIA Groww
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 0

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)

Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)

Currency Futures * Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)

Currency Futures : -
Currency Options Currency Options :

NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)

Currency Options :

(on premium)

Commodity Commodity :

Rs 260 per Cr (0.0026%)

Commodity :

NA


FINVASIA vs Groww Other Charges

FINVASIA Minimum Brokerage is Rs 0 and Call & Trade is Rs 0 . Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA .

FINVASIA Groww
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage :

Rs 20 or 0.05% per executed order

Call & Trade Call & Trade :

Rs 0

Call & Trade :

NA

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹9 (including CDSL Charges)

DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Other Miscellaneous Charges Other Miscellaneous Charges :

Bracket Orders in NEST: Rs 99 per month

Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50


FINVASIA vs Groww Features

FINVASIA and Groww both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

FINVASIA Groww
Trading Platform Trading Platform :

Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto

Trading Platform :

Groww

Placing orders through charts Placing orders through charts : - Placing orders through charts :

No

Trading Alerts Trading Alerts :

No

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers :

Unique features & Offers : -
Referral Program Referral Program :

0

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

No


FINVASIA vs Groww Demat Account Charges

A comparative table of various demat account charges between FINVASIA and Groww is below:

FINVASIA Groww
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0 (+ stamp charge of ₹199)

Account Opening Fee :

₹0 (Free)

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

₹0

AMC AMC :

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

AMC :

₹0 (Free)

Dematerialisation Charges Dematerialisation Charges :

₹15 + ₹99 Courier charges

Dematerialisation Charges :

₹150 per certificate + courier charges

Rematerialisation Charges Rematerialisation Charges :

₹15 + ₹99 Courier charges

Rematerialisation Charges :

₹150 per certificate + courier charges

Transaction Charges (Credit) Transaction Charges (Credit) :

Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

₹9 (including CDSL Fee)

Transaction Charges (debit) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

₹25 + NSDL Charges

Pledge Creation Charges :

₹20 + ₹12 per request (CDSL Charges)

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

₹25 + NSDL Charges

Pledge Invocation Charges :

₹20

Failed Instruction Charges Failed Instruction Charges :

₹49 per transaction

Failed Instruction Charges :

₹50 per ISIN

Other Charges Other Charges :

  • Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
  • Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
  • Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
  • Check Bounce - ₹299
  • Failed Transaction - ₹49 per transcaction
  • Modification in Client Information - ₹19 per request
  • Demat Closure Account - Nil
  • Delay Payment Charges - 2% per month on T+2 days

Other Charges :

KYC Modification: ₹50


FINVASIA vs Groww Basic Details

FINVASIA Year of Incorporation is 2013 and Total Number of Clients is 81004 and Total Number of Branches is 1 . Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and .

FINVASIA Groww
Year of Incorporation Year of Incorporation :

2013

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships :

BSE, NSE, MCX

Active Exchange Memberships :

NSE and BSE

Demat Services Demat Services :

No

Demat Services :

No

Website Website : https://finvasia.com/ Website : https://groww.in/
Contact Details Contact Details :

+911726670000

Contact Details : -
Total Number of Clients Total Number of Clients :

81,004

Total Number of Clients :

9,185,024

Total Number of Branches Total Number of Branches :

1

Total Number of Branches : -
Products * Products :

Mutual Fund, Broking , NPS , Global Stocks, ETF

Products :

GROWW MOBILE APP


FINVASIA vs Groww Orders

Orders

FINVASIA Groww
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No


FINVASIA vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

FINVASIA Groww
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No


FINVASIA vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

FINVASIA Groww
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

NA

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

NA


FINVASIA vs Groww Product & Services

FINVASIA and Groww both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

FINVASIA Groww
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call N Trade * Call N Trade :

Yes

Call N Trade :

NA

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

No

SMS Alerts * SMS Alerts :

No

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

YES

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

NO

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

No

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

No

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

No

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

No


FINVASIA vs Groww Customer Services

FINVASIA and Groww both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

FINVASIA Groww
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

Info Not Available

Customer Care :

No

Community Service * Community Service :

No

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No


FINVASIA vs Groww Other Investement

FINVASIA and Groww both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

FINVASIA Groww
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

No

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No


FINVASIA vs Groww Trading Platform

FINVASIA and Groww both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

FINVASIA Groww
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

No

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

No

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

Yes

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

No

iPhone Mobile App :

Yes

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