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The brokerage of Finvasia ranges between Rs 0, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, TradeSmart is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs TradeSmart vs Groww 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 TradeSmart vs Groww 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 TradeSmart vs Groww in this setion with 360 degree view of broker information.
 Finvasia |
 TradeSmart |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | 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...  |
Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. | 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... |
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In this section we have compared Finvasia vs TradeSmart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Groww offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Finvasia | TradeSmart | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs 200 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Rs 200 | Free |
| Demat AMC | Free | Rs 300 PA | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Finvasia vs TradeSmart vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | TradeSmart | Groww |
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| Multiple Plans |  |
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| Monthly Plans | |
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| Zerodha | Zerodha | Zerodha | |
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| Account Opening Request |
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | Finvasia | TradeSmart | Groww |
|---|---|---|---|
| Plan Name | Zero Brokerage Trading Plan | Flat Fee Rs 15 Trading Plan (Power Plan) | Flat Brokerage Plan |
| Equity Delivery | Rs 0 | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | Rs 0 | Flat Fee Rs 15 | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Rs 0 | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Equity Options | Rs 0 | Flat Fee Rs 15 | Flat Fee Rs 20 |
| Currency Futures | Rs 0 | Flat Fee Rs 15 | Not Available |
| Currency Options | Rs 0 | Flat Fee Rs 15 | Not Available |
| Commodity Trading | Rs 0 | Flat Fee Rs 15 | Not Available |
| Minimum Brokerage | NA | ||
| Hidden Charges | No | No | |
| Funding | Yes, 24% interest PA | No | NA |
| Call & Trade Charges | Free | Rs 20 per executed Order | Rs 50 Per Executable Order |
| Auto Square off Charges | Free | Rs 20 per executed Order | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for TradeSmart | Brokerage Calculator for Groww |
Compare Finvasia vs TradeSmart vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | TradeSmart | Groww |
|---|---|---|---|
| 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for groww |
Compare Finvasia vs TradeSmart vs Groww 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 TradeSmart doesn't offers margin funding. NRI Trading - Finvasia offers NRI Trading where TradeSmart and Groww doesn't offers NRI Trading.
| Account Features Compare | Finvasia | TradeSmart | Groww |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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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 TradeSmart vs Groww. 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 | TradeSmart | Groww |
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| Desktop Trading Platform | OMNESYS NEST | NEST Trader & Fox Trader | Groww App |
| Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://trade.finvasia.com/ |
https://sine.tradesmartonline.in/userMaster/login |
Yes |
| Web Trading Demo | Info Not Available | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | SCALPERT | Sine | Groww App |
| Mobile Trading App Demo | SCALPERT Demo | Sine Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod SCALPERT Download | Andriod Sine Download | Andriod Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | Info Not Available | iOS Sine Download | iOS Groww App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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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 TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for groww |
| Finvasia | TradeSmart | Groww | ||
|---|---|---|---|---|
17 Customer Reviews
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34 Customer Reviews
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8 Customer Reviews
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| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare Finvasia vs TradeSmart vs Groww 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 and TradeSmart offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - Finvasia and Groww offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Finvasia | TradeSmart | Groww |
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| Equity Cash and F&O | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs TradeSmart vs Groww 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 TradeSmart provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Finvasia and TradeSmart provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Finvasia and TradeSmart AMO facility where Groww doesn't provides AMO. GTC Orders - All 3 brokers doesn't have GTC facility.
| Order Type Compare | Finvasia | TradeSmart | Groww |
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| CNC order | |
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| MIS order | |
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| NRML order | |
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| GTC-Good Till Cancelled | |
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Compare Finvasia vs TradeSmart vs Groww 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 | TradeSmart | Groww |
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| 24/7 Customer Service | |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 61208000 | 9108800604 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://help.tradesmartonline.in/ | https://groww.in/academy |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://www.finvasia.com/ | https://tradesmartonline.in/ | https://groww.in/ |
Compare Finvasia vs TradeSmart vs Groww on research reports and tips provided by broker.
| Finvasia | TradeSmart | Groww | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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Compare Finvasia vs TradeSmart vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | TradeSmart | Groww | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 30400 | No |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹300 pa | Zero |
| Advance Deposit | Rs 0 | NIL | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹25 | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹15 per certificate | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹500 per certificate (Min ₹500 per request) | ₹150 per certificate + courier charges |
| Pledge Creation | ₹25 per transaction | ₹200 per script ₹50 for trading margin each side |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | NIL | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹25 per transaction | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | NIL | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹19 per transaction | ₹200 per script | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | ₹49 | Nil | ₹50 |
| Other Charges | Nil | Nil | Nil |
Compare Finvasia vs TradeSmart vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | TradeSmart | Groww | |
|---|---|---|---|
| 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software. Pay-out/Fund Withdrawal - 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 |
| Payout Time | Up to 24 hrs except for bank holidays. | Up to 24 Hrs except Bank Holidays. | Max 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 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| 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 |
VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
NA |
| 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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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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| Dislikes |
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Free Account Opening, Rs 400 Waived for a limited time. | |
| Enquire for Finvasia | Enquire for TradeSmart | Enquire for Groww |
Last Updated on 2023-09-05T02:25:49+00:00
