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Geojit Vs Finvasia Vs Groww: Which one is better?

The brokerage of Geojit ranges between .03 to .3%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Groww ranges between Rs 20. The broker Finvasia and Groww are a discount brokers where Geojit is a full service broker. Overall rating for Geojit is 4, Finvasia is rated 4, Groww is rated 4 out of 5.

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

Compare Geojit vs Finvasia vs Groww on Service

  Geojit Compare
Geojit
Finvasia Compare
Finvasia
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit 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 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 Geojit vs Finvasia vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Geojit vs Finvasia 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 - Geojit charges Rs 700 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit vs Finvasia vs Groww
Charges Geojit Finvasia Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 700 PA Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Geojit vs Finvasia vs Groww on Plan Options

Plans are the most important feature you look when compare Geojit vs Finvasia 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 Geojit vs Finvasia vs Groww on Plan Options
Plan Types Geojit Finvasia 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 Geojit vs Finvasia vs Growwon Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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.

Brokerage Charges - Compare Geojit vs Finvasia vs Groww
Brokerage Charges Compare Geojit Finvasia Groww
Plan Name Online Trading Plan (Percentage Based) Zero Brokerage Trading Plan Flat Brokerage Plan
Equity Delivery 0.30% or 30 paisa Rs 0 0.05% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa Rs 0 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% Rs 0 Flat Fee Rs 20
Equity Options Rs 50 Per Lot Rs 0 Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa Rs 0 Not Available
Currency Options Rs 50 Per Lot Rs 0 Not Available
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Rs 0 Not Available
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NA
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA Yes, 24% interest PA NA
Call & Trade Charges Free Free Rs 50 Per Executable Order
Auto Square off Charges Free Free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Finvasia Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Geojit vs Finvasia vs Groww on Transaction Charges

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

Transaction Charges - Compare Geojit vs Finvasia vs Groww
Transaction Charges Compare Geojit Finvasia 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 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for finvasia Complete Brokerage Plans for groww
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Account Features

Compare Geojit vs Finvasia vs Groww on Account Features

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

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

Compare Geojit vs Finvasia vs Growwon Trading Platform

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

https://selfie.geojit.net/

https://trade.finvasia.com/

Yes

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SELFIE Geojit SCALPERT Groww App
Mobile Trading App Demo SELFIE Geojit Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) No No Yes
iOS App Download iOS SELFIE Geojit Download Info Not Available iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for finvasia Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Geojit vs Finvasia vs Groww on User Rating

  Geojit Finvasia Groww
  79 Customer Reviews    Rate Geojit 17 Customer Reviews    Rate Finvasia 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare Geojit vs Finvasia vs Groww on Investment Offerings

Compare Geojit vs Finvasia 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 - Geojit and Finvasia 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) - Geojit offers PMS facility where Finvasia and Groww doesn't offers PMS facility.

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

Compare Geojit vs Finvasia vs Groww on Order Types

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

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

Compare Geojit vs Finvasia vs Groww on Customer Service

Compare Geojit vs Finvasia 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 Geojit vs Finvasia vs Groww
Customer Service Compare Geojit Finvasia Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 Support: +91 9779 097 777/Sales: +91 9098 001 001 9108800604
Account Opening Process Offline Online/Paperless Online
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://insights.geojit.com/ https://finvasia.com/announcements https://groww.in/academy
Head Office Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
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
Website https://www.geojit.com/ https://www.finvasia.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Geojit vs Finvasia vs Groww on Research Reports, Tips

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

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

Compare Geojit vs Finvasia vs Groww on Demat Account

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

Demat Charges - Compare Geojit vs Finvasia vs Groww
  Geojit Finvasia Groww
DP Source CDSL CDSL CDSL
DP ID 48900 84300 No
Demat Account Annual Maintenance Charges(AMC) ₹600 pa Free Zero
Advance Deposit NIL Rs 0 Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 CDSL charges
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹15 per certificate ₹150 per certificate + courier charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation ₹50 per transaction ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Nil ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹50 per transaction ₹19 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹49 ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Finvasia vs Groww on Special Offers and Promotion

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

Compare Geojit vs Finvasia vs Groww on Special Offers and Promotion
  Geojit Finvasia Groww
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
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
Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 hrs except for bank holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available 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.
Bank Detail Info Not Available 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
NA
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

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...

  • 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
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

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...

  • 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.
Enquire for Geojit Enquire for Finvasia Enquire for Groww

Last Updated on 2023-09-12T06:18:34+00:00