Groww vs SBICAP Securities (Compare Groww vs SBICAP Securities)

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 Groww vs SBICAP Securities, Below comparison of Groww vs SBICAP Securities 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.

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One on One comparison of Groww vs SBICAP Securities is given below:

Groww

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SBICAP Securities

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	Groww	SBICAP Securities

About The Brokers	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	SBICAP Securities : "SBICAP Securities is certainly a renowned name in share brokerage Industry with over 2lakh active customer base, powerful online trading tools, Research based investm >>> more
Find More Information about the Broker :	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES	SBICAP Securities : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Groww : Discount Broker	SBICAP Securities : Full Service Broker
Promo/offers	Groww : Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer	SBICAP Securities : N/A
Advantage	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 digital gold.	SBICAP Securities : 3-in-1 online trading account. Full-service broker Supported by both NSE and BSE Research tips and research reports are up to the mark Instant fund and share transfer facility available Huge geographical availability SBICAP offer 30 calls free in a month
Disadvantage	Groww : No F&O Trading, Grow does not provide Options & Future Trading. 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 facilityc No Call and Trade services No Margin against shares Does not offer NRI Trading	SBICAP Securities : Trading account and demat account opening fees are comparatively high. 24/7 customer services are not provided The low user experience when comes to technology
Why This	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	SBICAP Securities : SBICAP Securities believes in making you take right decision by yourself. They provide excellent guidance for the investment. Being bank broker, they provide a 3-in-1 account (Demat+Trading+Bank Account) The bank account is linked with trading account making your transactions simpler. There is long list of product and service of SBICAP Securities and also provide facilities to Indian and NRIs. They provide services of Mutual funds, IPOs, Equity Cash, Equity Derivatives, Currency Derivatives, Loan against securities.and many more.

Groww vs SBICAP Securities Account Opening & AMC Charges

Groww Trading Account Opening Fee is ₹0 (Free) and SBICAP Securities Trading Account Opening Fee is ₹850 . Groww Demat Account AMC is ₹0 (Free) and SBICAP Securities Demat Account AMC is ₹350 .

	Groww	SBICAP Securities
Trading Account Opening Fee	Trading Account Opening Fee : ₹0 (Free)	Trading Account Opening Fee : ₹850
Demat Account Opening Fee	Demat Account Opening Fee : ₹0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹0 (Free)	Demat Account AMC : ₹350
Trading Account AMC	Trading Account AMC : ₹0 (Free)	Trading Account AMC : ₹0

Groww vs SBICAP Securities Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Flat Rs.20 per Trade . SBICAP Securities Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is ₹100 per lot .

	Groww		SBICAP Securities
Plan Name	Plan Name : Standard Plan	Plan Name : Basic Plan	Plan Name : eZ-trade
Equity Delivery	Equity Delivery : Rs.20 per executed order or 0.05% of order value	Equity Delivery : Rs.20 per executed order or 0.05% of order value	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : -	Equity Intraday : Rs.20 per executed order or 0.05% of order value	Equity Intraday : 0.05%
Equity Future	Equity Future : -	Equity Future : Flat Rs.20 per Trade	Equity Future : 0.05%
Equity Options	Equity Options : -	Equity Options : Flat Rs.20 per Trade	Equity Options : ₹100 per lot
Currency Futures	Currency Futures : -	Currency Futures : Trade Not Available	Currency Futures : 0.03%
Currency Options	Currency Options : -	Currency Options : Trade Not Available	Currency Options : ₹30 per lot
Monthly Fee	Monthly Fee : -	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : NA	Margin Trading : -
Commodity Futures	Commodity Futures : -	Commodity Futures : Trade Not Available	Commodity Futures : NA
Commodity Options	Commodity Options : -	Commodity Options : Trade Not Available	Commodity Options : NA

Groww vs SBICAP Securities Transaction Charges (Per Crore)

Groww Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE 0.003% (each side) and Equity Options is NSE: 0.0019% | BSE 0.003% (each side) . SBICAP Securities Transaction Charges (Per Crore) Equity Future is NSE: 0.002206% (₹221/Crore) and Equity Options is NSE: 0.05515% (₹5515/Crore) .

	Groww	SBICAP Securities
Equity Delivery	Equity Delivery : NSE ₹345 per Cr \| BSE ₹345 per Cr	Equity Delivery : NSE: 0.00386% \| BSE: 0.00384%
Equity Intraday	Equity Intraday : NSE ₹345 per Cr \| BSE ₹345 per Cr	Equity Intraday : NSE: 0.00386% \| BSE: 0.00384%
Equity Future *	Equity Future : NSE: 0.0019% \| BSE 0.003% (each side)	Equity Future : NSE: 0.002206% (₹221/Crore)
Equity Options *	Equity Options : NSE: 0.0019% \| BSE 0.003% (each side)	Equity Options : NSE: 0.05515% (₹5515/Crore)
Currency Futures *	Currency Futures : NA	Currency Futures : 0.002206%
Currency Options	Currency Options : NA	Currency Options : NSE: 0.05515% (₹5515/Crore)
Commodity	Commodity : NA	Commodity : -

Groww vs SBICAP Securities Other Charges

Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA . SBICAP Securities Minimum Brokerage is ₹0.05 for Cash, ₹0.01 Future and Call & Trade is ₹10 per call (after 30 free calls a month) .

	Groww	SBICAP Securities
Minimum Brokerage	Minimum Brokerage : ₹20 or 0.05% per executed order	Minimum Brokerage : ₹0.05 for Cash, ₹0.01 Future
Call & Trade	Call & Trade : NA	Call & Trade : ₹10 per call (after 30 free calls a month)
Stamp Duty *	Stamp Duty : Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	DP Charges (on sell side) : 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note:₹20+Courier; ₹50Auto square	Other Miscellaneous Charges : -

Groww vs SBICAP Securities Features

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

	Groww	SBICAP Securities
Trading Platform	Trading Platform : Groww Web , Groww Mobile	Trading Platform : ODIN, SBISMART web, desktop and desktop
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Single platform for stocks, MFs, Gold, IPOs, ETFs,	Unique features & Offers : Bubble maps. Financial maps
Referral Program	Referral Program : No	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes

Groww vs SBICAP Securities Demat Account Charges

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

	Groww	SBICAP Securities
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL & NSDL
Account Opening Fee	Account Opening Fee : ₹0 (Free)	Account Opening Fee : ₹850
Advance Deposit	Advance Deposit : NIL	Advance Deposit : Nil
AMC	AMC : ₹0 (Free)	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : ₹150 per certificate + courier charges	Dematerialisation Charges : ₹5 per cert + ₹35 courier charges per request
Rematerialisation Charges	Rematerialisation Charges : ₹150 per certificate + courier charges	Rematerialisation Charges : ₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity
Transaction Charges (Credit)	Transaction Charges (Credit) : NA	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : 0.01% (Min ₹21, Max ₹300)
Pledge Creation Charges	Pledge Creation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹20 + ₹12 per request (CDSL Charges))	Pledge Creation Confirmation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges	Pledge Invocation Charges : ₹20	Pledge Invocation Charges : If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Failed Instruction Charges	Failed Instruction Charges : ₹50 per ISIN	Failed Instruction Charges : ₹10 per failed instruction.
Other Charges	Other Charges : KYC Modification Request : ₹50	Other Charges : -

Groww vs SBICAP Securities Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 1784059 and . SBICAP Securities Year of Incorporation is 2001 and Total Number of Clients is 362893 and Total Number of Branches is 117 .

	Groww	SBICAP Securities
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 2001
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : From CDSL	Demat Services : Yes
Website	Website : https://groww.in/	Website : http://www.sbismart.com
Contact Details	Contact Details : -	Contact Details : 18002099345
Total Number of Clients	Total Number of Clients : 1784059	Total Number of Clients : 362893
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 117
Products *	Products : GROWW MOBILE APP	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution

Groww vs SBICAP Securities Leverage

Leverage

	Groww	SBICAP Securities
Equity Delivery	Equity Delivery : 1x (no margin)	Equity Delivery : 2x with Intrest
Equity Intraday	Equity Intraday : Up to 8x (based on the stock)	Equity Intraday : Upto 5x
Equity Futures	Equity Futures : NA	Equity Futures : Nil
Equity Options	Equity Options : NA	Equity Options : Nil
Currency Futures	Currency Futures : NA	Currency Futures : Nil
Currency Options	Currency Options : NA	Currency Options : Nil
Commodity Futures	Commodity Futures : NA	Commodity Futures : NA
Commodity Options	Commodity Options : NA	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : -	F&O (Eq, Curr, Comm) : -

Groww vs SBICAP Securities Orders

Orders

	Groww	SBICAP Securities
Cover Orders (CO)	Cover Orders (CO) : NO	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : NO	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	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

Groww vs SBICAP Securities Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	SBICAP Securities
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : No	Free Tips : Yes
Daily Market report *	Daily Market report : No	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : No	Quarterly Results : Yes

Groww vs SBICAP Securities Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	SBICAP Securities
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000

Groww vs SBICAP Securities Product & Services

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

	Groww	SBICAP Securities
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : NA	Margin Trading : No
Call in Trade *	Call in Trade : NA	Call in Trade : Yes
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 : Yes
SMS Alerts *	SMS Alerts : YES	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 : NO	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : No	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No

Groww vs SBICAP Securities Customer Services

Groww and SBICAP Securities 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:

	Groww	SBICAP Securities
Toll Free Number *	Toll Free Number : No	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No

Groww vs SBICAP Securities Other Investement

Groww and SBICAP Securities 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:

	Groww	SBICAP Securities
Commodity Trading *	Commodity Trading : No	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 : No	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No

Groww vs SBICAP Securities Trading PlatForm

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

	Groww	SBICAP Securities
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : Yes
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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