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The brokerage of Finvasia ranges between Rs 0, the brokerage of Groww ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Groww is rated 4, ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Groww vs ProStocks stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Groww vs ProStocks on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Finvasia vs Groww vs ProStocks in this setion with 360 degree view of broker information.
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 Groww |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE | NSE, BSE |
| Broker Overview | Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...  |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... |
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In this section we have compared Finvasia vs Groww vs ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Groww charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
| Charges | Finvasia | Groww | ProStocks |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Free | Rs 0 (Rs 1000 Refundable Deposit) |
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Plans are the most important feature you look when compare Finvasia vs Groww vs ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - ProStocks offers Monthy Plans where Finvasia and Groww doesn't offer.
| Plan Types | Finvasia | Groww | ProStocks |
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| Multiple Plans |  |
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| Zerodha | Zerodha | ProStocks | |
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Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
| Brokerage Charges Compare | Finvasia | Groww | ProStocks |
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| Plan Name | Zero Brokerage Trading Plan | Flat Brokerage Plan | Flat Fee Rs 15 Trading Plan |
| Equity Delivery | Rs 0 | 0.05% or Rs 20 whichever is lower | Free |
| Equity Intraday | Rs 0 | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 15 |
| Equity Futures | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Equity Options | Rs 0 | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Currency Futures | Rs 0 | Not Available | Flat Fee Rs 15 |
| Currency Options | Rs 0 | Not Available | Flat Fee Rs 15 |
| Commodity Trading | Rs 0 | Not Available | NA |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | Info Not Available | |
| Funding | Yes, 24% interest PA | Info Not Available | No |
| Call & Trade Charges | Free | Rs 50 Per Executable Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Auto Square off Charges | Free | Rs 50 Per Executable Order | Delivery Rs 25, Intraday and F&O Rs 10 per executed order |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Groww | Brokerage Calculator for ProStocks |
Compare Finvasia vs Groww vs ProStocks on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Groww | ProStocks |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for groww | Complete Brokerage Plans for prostocks |
Compare Finvasia vs Groww vs ProStocks on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where Finvasia and ProStocks doesn't offers margin funding. NRI Trading - Finvasia and ProStocks offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Groww | ProStocks |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM | 3:15PM |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Groww vs ProStocks. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | Finvasia | Groww | ProStocks |
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| Desktop Trading Platform | OMNESYS NEST | Groww App | Star ProStocks |
| Desktop Demo | Info Not Available | Info Not Available | Info Not Available |
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https://trade.finvasia.com/ |
Yes |
https://www.prostocksweb.com/ |
| Web Trading Demo | Info Not Available | Info Not Available | Info Not Available |
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| Mobile Trading App | SCALPERT | Groww App | Star ProStocks |
| Mobile Trading App Demo | SCALPERT Demo | Info Not Available | Info Not Available |
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| Android App Download | Andriod SCALPERT Download | Andriod Groww App Download | Andriod Download |
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| iOS App Download | Info Not Available | iOS Groww App Download | iOS Star ProStocks Download |
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| Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for ProStocks |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for ProStocks |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Groww | Options Brokerage Calculator for ProStocks |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for groww | Detail on Trading Platforms for prostocks |
| Finvasia | Groww | ProStocks | ||
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17 Customer Reviews
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8 Customer Reviews
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4 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | ProStocks is Rated 4.5 / 5 based on 4 customer reviews |
Compare Finvasia vs Groww vs ProStocks on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Finvasia offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | Groww | ProStocks |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Groww vs ProStocks on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Finvasia and ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Finvasia and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Finvasia and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where Finvasia and Groww doesn't provides GTC.
| Order Type Compare | Finvasia | Groww | ProStocks |
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Compare Finvasia vs Groww vs ProStocks on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Finvasia | Groww | ProStocks |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 9108800604 | +91-2262-434343 |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://groww.in/academy | https://www.prostocks.com/faq.html |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063 |
| Website | https://www.finvasia.com/ | https://groww.in/ | https://www.prostocks.com |
Compare Finvasia vs Groww vs ProStocks on research reports and tips provided by broker.
| Finvasia | Groww | ProStocks | |
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| Research Mutual Funds | |
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| Daily Market Report | |
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Compare Finvasia vs Groww vs ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Groww | ProStocks | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | No | 83200 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero | Free (₹1000 Refundable Deposit) |
| Advance Deposit | Rs 0 | Nil | 1000/- Refundable Deposit against charges |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹8 + ₹5.50 CDSL charges | ₹20 per ISIN |
| Demat | ₹15 per certificate | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹150 per certificate + courier charges | ₹50 per set up + ₹50 courier charges |
| Pledge Creation | ₹25 per transaction | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Pledge Creation Confirmation | NIL | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | ₹25 per transaction | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Pledge Closure Confirmation | NIL | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | ₹19 per transaction | ₹20 + Rs. 12 per request (CDSL Charges) | ₹50 |
| Failed Instruction Charges | ₹49 | ₹50 | ₹50 per transaction |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs Groww vs ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Groww | ProStocks | |
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| Pay In and Pay Out Options | Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Up to 24 hrs except for bank holidays. | Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms. |
| Bank Detail | FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Info Not Available | SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060 |
| Likes |
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit. | |
| Enquire for Finvasia | Enquire for Groww | Enquire for ProStocks |
Last Updated on 2023-09-05T02:25:49+00:00
