zerodha vs groww which is beteer for equity & options
for equity zerodha abousolutely free,
for large portpolio holders zerodha recommeded becuase its matured..
for new investors who is portpolio below 5-10 laksh its worht to try groww becuase free account opening & no AMC charges 500 first year & remaining every year 300inr safe. check feautres below.
| features | zerodha | groww |
| No brokerage on equity delivery
|
free
yearly turnover 10Lakhs buy sell stocks free best for investing |
brokerage applies on delivery and sell
yearly turnover 10Lakhs: brokerge commission 0.1% of 10 lakh (1000 inr) 3 lakhs turover 300inr (which is equal to zrodha trading account AMC. Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday charges | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
| Features & options charges | Rs 20 per executed order | Rs 20 per executed order |
| Demat Account annual maintanence Charges | 300 per year | zero as of now… |
| Account opening charges | 200+gst | zero as of now… |
other charges
STT, GST, SEBI , stamp duty charges same on every trading platform from govt end.
why zerodha doesn;t charge brokearge on equity delivery?
only 5% of customers of zerodha are equity delivery based, 85% ofcustomers FNO based they charge 20 flat fno transactions.
saild by assistant manager at zerodha.
Features comparison zerodha vs groww
zerodha plain type… integrated with
- small case for mutual funds like stock baskets managed portpolios for free
- ticker tape for fundmentals free model
- streak platform algo trading tecnical now its free for zerodha
- sensibull free for zerodha
- direct mutual funds with same demat account number free of cost at coin platform.
- gift stocks to relatives.. (i want transfer my multibagger stocks to wife but she has account with groww)
zerodha focused on Trading clients especially future and options.
Groww features
builtin platform for mutual funds, stocks, upi, loans
- for stocks
- Most brought on groww
- top intraday
- stocks in news
- top gainers and lossers
- all stocks to filter by category
these screeners useful for new invesorts.
my final findings: groww best for new investors, zerodha has some entry fee but good for both new & existing trader or investors.
for trading zerodha recommended.
Reason for this comparios for my self:
gift stocks to relatives friends avilable in zeordha online mode only for zerodha account holders.
