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The brokerage of Finvasia ranges between Rs 0, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of Groww ranges between Rs 20. The broker Finvasia and Groww are discount brokers where Reliance Securities is a full service broker. Overall rating for Finvasia is 4, Reliance Securities is rated 3.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Reliance Securities 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 Reliance Securities 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 Reliance Securities vs Groww in this setion with 360 degree view of broker information.
 Finvasia |
 Reliance Securities |
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| Broker Type | Discount Broker | Full Service 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...  |
Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... |
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 Reliance Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Groww offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Finvasia | Reliance Securities | Groww |
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| Trading Account Opening Fees | Free | Rs 950 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) | Free |
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Plans are the most important feature you look when compare Finvasia vs Reliance Securities vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | Reliance Securities | Groww |
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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.
Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.
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 | Reliance Securities | Groww |
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| Plan Name | Zero Brokerage Trading Plan | R-FIXED Online Brokerage Plan (Percentage Based) | Flat Brokerage Plan |
| Equity Delivery | Rs 0 | 0.50% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | Rs 0 | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Rs 0 | 0.05% | Flat Fee Rs 20 |
| Equity Options | Rs 0 | Rs 100 Per Lot | Flat Fee Rs 20 |
| Currency Futures | Rs 0 | 0.05% | Not Available |
| Currency Options | Rs 0 | Rs 100 Per Lot | Not Available |
| Commodity Trading | Rs 0 | Future: 0.05%| Options: Rs 100 per lot | Not Available |
| Minimum Brokerage | NA | 5 paise per share | |
| Hidden Charges | No | No | |
| Call & Trade Charges | Free | Rs 20 per call (Free First 20 call per month) | Rs 50 Per Executable Order |
| Auto Square off Charges | Free | Free First 20 call PM and Rs 20 their onwards. | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Reliance Securities | Brokerage Calculator for Groww |
Compare Finvasia vs Reliance Securities vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | Reliance Securities | Groww |
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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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for reliance-securities | Complete Brokerage Plans for groww |
Compare Finvasia vs Reliance Securities 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 - Reliance Securities and Groww offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and Reliance Securities offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Finvasia | Reliance Securities | Groww |
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| 3 in 1 Account | |
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| SMS Alerts | |
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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 | Mobile Application: Rmobile Xpress | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Reliance Securities 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.
| Finvasia | Reliance Securities | Groww | ||
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17 Customer Reviews
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52 Customer Reviews
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20 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews | Groww is Rated 1.7 / 5 based on 20 customer reviews |
Compare Finvasia vs Reliance Securities 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 Reliance Securities 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) - Reliance Securities offers PMS facility where Finvasia and Groww doesn't offers PMS facility.
| Investment Offerings Compare | Finvasia | Reliance Securities | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Reliance Securities 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) - All 3 brokers doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After Market Orders (AMO) - Finvasia and Reliance Securities AMO facility where Groww doesn't provides AMO. GTC Orders - All 3 brokers doesn't have GTC facility.
| Order Type Compare | Finvasia | Reliance Securities | Groww |
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Compare Finvasia vs Reliance Securities 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 | Reliance Securities | 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 41596000 | 022 62436000 | 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://www.reliancesmartmoney.com/Insights | https://groww.in/academy |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://www.finvasia.com/ | https://www.reliancesmartmoney.com | https://groww.in/ |
Compare Finvasia vs Reliance Securities vs Groww on research reports and tips provided by broker.
| Finvasia | Reliance Securities | Groww | |
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| Research ETF | |
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Compare Finvasia vs Reliance Securities vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | Reliance Securities | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 41400 | 88700 |
| 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 | 0.04% (Min ₹27) + CDSL charges | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹15 per certificate | ₹5 per certificate + ₹30 request charges | ₹150 per certificate + courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges | ₹150 per certificate + courier charges |
| Pledge Creation | ₹25 per transaction | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | NIL | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹25 per transaction | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | NIL | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹19 per transaction | 0.05% of transaction value (Min ₹30) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | ₹49 | Nil | ₹50 |
| Other Charges |
Compare Finvasia vs Reliance Securities vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | Reliance Securities | Groww | |
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| Pay In and Pay Out Options | |||
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| 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. | ||
| Enquire for Finvasia | Enquire for Reliance Securities | Enquire for Groww |
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