FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Finvasia Vs Zerodha Vs Groww: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Zerodha is rated 4.5, Groww is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs Zerodha 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 Zerodha 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 Zerodha vs Groww in this setion with 360 degree view of broker information.

Compare Finvasia vs Zerodha vs Groww on Service

  Finvasia Compare
Finvasia
Zerodha Compare
Zerodha
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX 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... Know more about Finvasia Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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... Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Zerodha vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Zerodha vs Groww 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, Zerodha charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Zerodha vs Groww
Charges Finvasia Zerodha Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Zerodha vs Groww on Plan Options

Plans are the most important feature you look when compare Finvasia vs Zerodha vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs Zerodha vs Groww on Plan Options
Plan Types Finvasia Zerodha Groww
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Zerodha vs Growwon Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 vs Zerodha vs Groww
Brokerage Charges Compare Finvasia Zerodha Groww
Plan Name Zero Brokerage Trading Plan Max Rs 20 per order Trading Plan Flat Brokerage Plan
Equity Delivery Rs 0 Free 0.05% or Rs 20 whichever is lower
Equity Intraday Rs 0 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Rs 0 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Equity Options Rs 0 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Rs 0 0.03% or Rs 20 whichever is lower Not Available
Currency Options Rs 0 Flat Fee Rs 20 Not Available
Commodity Trading Rs 0 Flat Fee Rs 20 Not Available
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes, 24% interest PA Info Not Available NA
Call & Trade Charges Free Rs 50 Per Executable Order Rs 50 Per Executable Order
Auto Square off Charges Free Rs 50 Per Executable Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Zerodha Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Finvasia vs Zerodha vs Groww on Transaction Charges

Compare Finvasia vs Zerodha vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Zerodha vs Groww
Transaction Charges Compare Finvasia Zerodha 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 zerodha Complete Brokerage Plans for groww
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Account Features

Compare Finvasia vs Zerodha vs Groww on Account Features

Compare Finvasia vs Zerodha 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 Zerodha doesn't offers margin funding. NRI Trading - Finvasia and Zerodha offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Finvasia vs Zerodha vs Groww
Account Features Compare Finvasia Zerodha Groww
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts No No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available No No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15 PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs Zerodha vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Zerodha 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 vs Zerodha vs Groww
Trading Platform Compare Finvasia Zerodha Groww
Desktop Trading Platform OMNESYS NEST NA Groww App
Desktop Demo Info Not Available Info Not Available Info Not Available
Desktop Platform (Windows) Yes No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

Zerodha Kite Web

Yes

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Zerodha Kite App Groww App
Mobile Trading App Demo SCALPERT Demo Zerodha Kite App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Zerodha Kite App Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for zerodha Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Finvasia vs Zerodha vs Groww on User Rating

  Finvasia Zerodha Groww
  17 Customer Reviews    Rate Finvasia 160 Customer Reviews    Rate Zerodha 8 Customer Reviews    Rate Groww
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Finvasia vs Zerodha vs Groww on Investment Offerings

Compare Finvasia vs Zerodha 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 Zerodha offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Finvasia vs Zerodha vs Groww
Investment Offerings Compare Finvasia Zerodha Groww
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No Yes No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Finvasia vs Zerodha vs Groww on Order Types

Order Type - Compare Finvasia vs Zerodha 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 Zerodha provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Finvasia provides Bracket Orders (BO) facility where Zerodha and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Finvasia and Zerodha AMO facility where Groww doesn't provides AMO. GTC Orders - Zerodha offers Good Till Cancelled (GTC) orders facility where Finvasia and Groww doesn't provides GTC.

Order Types - Compare Finvasia vs Zerodha vs Groww
Order Type Compare Finvasia Zerodha Groww
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes No
Bracket order Yes No No
AMO-After Market Orders Yes Yes No
GTC-Good Till Cancelled No Yes No
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Customer Service Offered

Compare Finvasia vs Zerodha vs Groww on Customer Service

Compare Finvasia vs Zerodha 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 Support - Compare Finvasia vs Zerodha vs Groww
Customer Service Compare Finvasia Zerodha Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 "+ 91 80 4040 2020" 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://zerodha.com/varsity/ https://groww.in/academy
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.finvasia.com/ https://zerodha.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Finvasia vs Zerodha vs Groww on Research Reports, Tips

Compare Finvasia vs Zerodha vs Groww on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs Zerodha vs Groww
  Finvasia Zerodha Groww
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Finvasia vs Zerodha vs Groww on Demat Account

Compare Finvasia vs Zerodha vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs Zerodha vs Groww
  Finvasia Zerodha Groww
DP Source CDSL CDSL CDSL
DP ID 84300 81600 No
Demat Account Annual Maintenance Charges(AMC) Free ₹300 pa Zero
Advance Deposit Rs 0 Nil Nil
Statutory charges Nil ₹50 Legal Charges
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 (CDSL Charges) per transaction ₹8 + ₹5.50 CDSL charges
Demat ₹15 per certificate ₹150 per certificate + ₹100 courier charges ₹150 per certificate + courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation ₹25 per transaction ₹20 + ₹12 CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation NIL Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 per transaction ₹20 + ₹12 CSDL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation NIL Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹19 per transaction ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹49 ₹50 per instraction ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Zerodha vs Groww on Special Offers and Promotion

Compare Finvasia vs Zerodha vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Zerodha vs Groww on Special Offers and Promotion
  Finvasia Zerodha 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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. Max 24 hrs except for 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 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). 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
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for Finvasia Enquire for Zerodha Enquire for Groww

Last Updated on 2023-09-05T02:25:49+00:00