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Groww vs TradeSmart (Compare Groww and TradeSmart)

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 TradeSmart, Below comparison of Groww vs TradeSmart 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 Groww vs TradeSmart is given below:

Groww TradeSmart
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

TradeSmart :

"Trade Smart Online makes its mark in the discount trading space by providing clients with multiple options, trading tools and fixed price plans for trading in equity   >>> more

Find More Information about the Broker :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
TradeSmart :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Groww :
 Discount Broker
TradeSmart :
 Discount Broker
Promo/offers
Groww :
N/A
TradeSmart :
Special Offer: Pay Rs 15 per executed order, regardless of the size of the trade. Open Instant Account online with TradeSmart and start trading today.
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 gold etfs, SGBs & gold funds
TradeSmart :
  •  Rs 15 flat-fee trades.
  •  Unlimited Trading Plan to offer.
  •  Own DP services
  •  Support Offer For Sale(OFS).
Disadvantage
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
TradeSmart :
  •  No support for NRI trading.
  •  Does not facility to invest in IPO.
  •  Does not provide facility to invest in Mutual Funds, Bonds.
  •  No in-house research
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
TradeSmart :
  •  Wide range of plans to select from depending on your trading requirements. Choose from
    •  Flat Rs 15 per order
    •  0.007% for intraday
    •  Monthly unlimited trading plans
  •  Pay when you use, if not trading in any month then no monthly charges.
  •  Provide one of the highest intraday exposures in the industry so you can have the freedom to make big decisions without having to worry about limited funds
  •  2 decades of Experience
  •  Trading tools like Span Calculator, Bracket Orders & Trailing Stop loss.
  •  Team of 100+ provide support over phone, email and chat to thousands of customers
  •  Can change brokerage plans, flexibility in changing brokerage plans.
  •  Lowest transaction charges i.e Turnover/Clearing charges.
  •  Own DP service.
Open Account

Groww vs TradeSmart Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and TradeSmart Trading Account Opening Fee is Rs 200 . Groww Demat Account AMC is Rs 0 and TradeSmart Demat Account AMC is Rs 300 .

Groww TradeSmart
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 200

Demat Account AMC Demat Account AMC :

Rs 0

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0

Open Account Open Account

Groww vs TradeSmart Brokerage Charges

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 . TradeSmart Brokerage Charges Equity Delivery is Rs 15 per order and Equity Intraday is Rs 15 per order and Equity Options is Rs 15 per order .

Groww TradeSmart
Plan Name Plan Name :

Basic Plan

Plan Name :

Power Plan (₹15/Order)

Plan Name :

Value Plan

Equity Delivery Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Delivery :

Rs 15 per order

Equity Delivery :

0.07%

Equity Intraday Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday :

Rs 15 per order

Equity Intraday :

0.007%

Equity Future Equity Future :

Rs 20 per executed order

Equity Future :

Rs 15 per order

Equity Future :

0.007%

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 15 per order

Equity Options :

Rs 7 Per Lot

Currency Futures Currency Futures :

NA

Currency Futures :

Rs 15 per order

Currency Futures :

0.007%

Currency Options Currency Options :

NA

Currency Options :

Rs 15 per order

Currency Options :

Rs 7 Per Lot

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

Rs 15

Margin Trading :

Rs 15

Commodity Futures Commodity Futures :

NA

Commodity Futures :

Rs 15 per order

Commodity Futures :

0.007%

Commodity Options Commodity Options :

NA

Commodity Options :

Rs 15 per order

Commodity Options :

Rs 7 Per Lot

Open Account Open Account

Groww vs TradeSmart Exchange Transaction Charges

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) . TradeSmart Exchange Transaction Charges Equity Future is 0.0024% and Equity Options is 0.0715% .

Groww TradeSmart
Equity Delivery Equity Delivery :

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

Equity Delivery :

0.0035%

Equity Intraday Equity Intraday :

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

Equity Intraday :

0.0035%

Equity Future * Equity Future :

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

Equity Future :

0.0024%

Equity Options * Equity Options :

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

Equity Options :

0.0715%

Currency Futures * Currency Futures : - Currency Futures :

0.00165%

Currency Options Currency Options :

(on premium)

Currency Options :

0.06%

Commodity Commodity :

NA

Commodity :

0.0039%

Open Account Open Account

Groww vs TradeSmart Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . TradeSmart Minimum Brokerage is Rs 15 per executed order and Call & Trade is Rs 20 per executed order .

Groww TradeSmart
Minimum Brokerage Minimum Brokerage :

Rs 20 or 0.05% per executed order

Minimum Brokerage :

Rs 15 per executed order

Call & Trade Call & Trade :

NA

Call & Trade :

Rs 20 per executed order

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

₹8 + ₹5.50 (CDSL Charges) per ISIN

DP Charges (on sell side) :

Rs 15 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges :

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

Other Miscellaneous Charges :

Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order

Open Account Open Account

Groww vs TradeSmart Features

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

Groww TradeSmart
Trading Platform Trading Platform :

Groww

Trading Platform :

NEST, NOW, Spin

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

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 :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program :

1

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

Open Account Open Account

Groww vs TradeSmart Demat Account Charges

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

Groww TradeSmart
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

₹0 (Free)

Account Opening Fee :

Rs 500

Advance Deposit Advance Deposit :

₹0

Advance Deposit :

Nil

AMC AMC :

₹0 (Free)

AMC :

  1. Individual Account: Rs 300 per year
  2. Corporate Account: Rs 800 per year

Dematerialisation Charges Dematerialisation Charges :

₹150 per certificate + courier charges

Dematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

Rematerialisation Charges Rematerialisation Charges :

₹150 per certificate + courier charges

Rematerialisation Charges :

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

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

₹8 + ₹5.50 (CDSL Charges) per ISIN

Transaction Charges (debit) :

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Pledge Creation Charges Pledge Creation Charges :

₹20 + ₹12 per request (CDSL Charges)

Pledge Creation Charges :

Rs 200 per scrip

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

Nil

Pledge Invocation Charges Pledge Invocation Charges :

₹20

Pledge Invocation Charges :

Rs 200 minimum or 0.01% which ever is higher

Failed Instruction Charges Failed Instruction Charges :

₹50 per ISIN

Failed Instruction Charges :

Nil

Other Charges Other Charges :

KYC Modification: ₹50

Other Charges :

  • Late instruction: 0.1% scrip value
  • Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
  • Physical transaction statement: Rs 50 per BO statement plus courier charges
  • Cheque dishonour charges: Rs 200 per instance
  • Offmarket transfer (DP): Rs 25 plus service tax
  • Inter DP transfer: Rs 25 plus service tax
  • KRA Modification: Rs 35 plus service tax

Open Account Open Account

Groww vs TradeSmart Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and . TradeSmart Year of Incorporation is 1994 and Total Number of Clients is 30376 and Total Number of Branches is 1 .

Groww TradeSmart
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships :

BSE, NSE, MCX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : https://groww.in/ Website : https://tradesmartonline.in/
Contact Details Contact Details : - Contact Details :

022 61208000

Total Number of Clients Total Number of Clients :

9,185,024

Total Number of Clients :

30,376

Total Number of Branches Total Number of Branches : - Total Number of Branches :

1

Products * Products :

GROWW MOBILE APP

Products : -
Open Account Open Account

Groww vs TradeSmart Orders

Orders

Groww TradeSmart
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) :

Yes

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

No

After Market Orders (AMO) :

Yes

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

Yes

Buy Today Sell Tomorrow (BTST) :

No

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) :

Yes

Open Account Open Account

Groww vs TradeSmart Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww TradeSmart
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 :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

Groww vs TradeSmart Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww TradeSmart
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP : -
Open Account Open Account

Groww vs TradeSmart Product & Services

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

Groww TradeSmart
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 :

NA

Call N 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 :

No

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 :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

YES

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

NO

Portfolio Analysis :

No

Advanced Charting Features * Advanced Charting Features :

No

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

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 :

No

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

Yes

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No

Open Account Open Account

Groww vs TradeSmart Customer Services

Groww and TradeSmart 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 TradeSmart
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

Yes

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

No

Customer Care :

No

Community Service * Community Service :

No

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

Groww vs TradeSmart Other Investement

Groww and TradeSmart 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 TradeSmart
Commodity Trading * Commodity Trading :

No

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

No

Investment in Bonds * Investment in Bonds :

No

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

Open Account Open Account

Groww vs TradeSmart Trading Platform

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

Groww TradeSmart
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 :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

No

Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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Open Account Open Account

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