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The brokerage of Zerodha ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Groww ranges between Rs 20. The broker Zerodha and Groww are discount brokers where SBICAP Securities is a full service broker. Overall rating for Zerodha is 4.5, SBICAP Securities is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Zerodha vs SBICAP 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 Zerodha vs SBICAP 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 Zerodha vs SBICAP Securities vs Groww in this setion with 360 degree view of broker information.
 Zerodha |
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| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE |
| Broker Overview | 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. | Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical 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 Zerodha vs SBICAP Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and Groww offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Zerodha | SBICAP Securities | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Free | Rs 850 | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 PA | Rs 500 PA | Free |
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Plans are the most important feature you look when compare Zerodha vs SBICAP Securities 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.
| Plan Types | Zerodha | SBICAP Securities | Groww |
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| Zerodha | Zerodha | Zerodha | |
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| Account Opening Request |
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.
SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.
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 | Zerodha | SBICAP Securities | Groww |
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| Plan Name | Max Rs 20 per order Trading Plan | Standard or default brokerage plan | Flat Brokerage Plan |
| Equity Delivery | Free | 0.50% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% or Rs 20 whichever is lower | 0.05% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or Rs 20 whichever is lower | 0.05% | Flat Fee Rs 20 |
| Equity Options | Flat Fee Rs 20 | Rs 100 Per Lot | Flat Fee Rs 20 |
| Currency Futures | 0.03% or Rs 20 whichever is lower | 0.03% | Not Available |
| Currency Options | Flat Fee Rs 20 | Rs 30 Per Lot | Not Available |
| Commodity Trading | Flat Fee Rs 20 | Rs. 100 per lot | Not Available |
| Minimum Brokerage | NIL | Rs 0.05 for Cash, Rs 0.01 Future | |
| Hidden Charges | No | Info Not Available | |
| Funding | Info Not Available | Yes - 24% interest PA | NA |
| Call & Trade Charges | Rs 50 Per Executable Order | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. | Rs 50 Per Executable Order |
| Auto Square off Charges | Rs 50 Per Executable Order | First Free 30 per month, after Rs 10 per square-off | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Zerodha | Brokerage Calculator for SBICAP Securities | Brokerage Calculator for Groww |
Compare Zerodha vs SBICAP Securities vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Zerodha | SBICAP 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 360 Per Cr | Agri: Rs 275 Per Cr | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for zerodha | Complete Brokerage Plans for sbicap-securities | Complete Brokerage Plans for groww |
Compare Zerodha vs SBICAP Securities vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Zerodha and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where Zerodha and SBICAP Securities doesn't offers margin funding. NRI Trading - Zerodha and SBICAP Securities offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Zerodha | SBICAP Securities | Groww |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:20 PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | Trading software terminal: ODIN Diet | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs SBICAP 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.
| Trading Platform Compare | Zerodha | SBICAP Securities | Groww |
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| Desktop Trading Platform | NA | SBISMART XPRESS - NextTrader | Groww App |
| Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
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Zerodha Kite Web |
https://login1.sbismart.com/nidp/app/login |
Yes |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Info Not Available |
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| Mobile Trading App | Zerodha Kite App | SBISMART | Groww App |
| Mobile Trading App Demo | Zerodha Kite App Demo | SBISMART Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod Zerodha Kite App Download | Andriod SBISMART Download | Andriod Download |
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| iOS App Download | iOS Zerodha Kite App Download | iOS SBISMART Download | iOS Groww App Download |
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| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Zerodha | Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Zerodha | Futures Brokerage Calculator for SBICAP Securities | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Options Brokerage Calculator for Zerodha | Options Brokerage Calculator for SBICAP Securities | Options Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for zerodha | Detail on Trading Platforms for sbicap-securities | Detail on Trading Platforms for groww |
| Zerodha | SBICAP Securities | Groww | ||
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160 Customer Reviews
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78 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 | Zerodha is Rated 3.9 / 5 based on 160 customer reviews | SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare Zerodha vs SBICAP 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 - Zerodha offers Commodity Trading where SBICAP Securities and 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 | Zerodha | SBICAP Securities | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Zerodha vs SBICAP 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) - Zerodha and SBICAP Securities provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - SBICAP Securities provides Bracket Orders (BO) facility where Zerodha and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Zerodha and SBICAP Securities AMO facility where Groww doesn't provides AMO. GTC Orders - Zerodha and SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Zerodha | SBICAP Securities | Groww |
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| CNC order | |
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Compare Zerodha vs SBICAP 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 | Zerodha | SBICAP Securities | Groww |
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| 24/7 Customer Service | |
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| Customer Care Number | "+ 91 80 4040 2020" | 022 6854 5555 | 9108800604 |
| Account Opening Process | Online/Paperless | Offline | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://zerodha.com/varsity/ | https://www.sbismart.com/education | https://groww.in/academy |
| Head Office Address | Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://zerodha.com/ | https://www.sbismart.com | https://groww.in/ |
Compare Zerodha vs SBICAP Securities vs Groww on research reports and tips provided by broker.
| Zerodha | SBICAP Securities | 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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Compare Zerodha vs SBICAP Securities vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Zerodha | SBICAP Securities | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 81600 | 19300 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | ₹500 | Zero |
| Advance Deposit | Nil | 0 for all | Nil |
| Statutory charges | ₹50 | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 (CDSL Charges) per transaction | 0.01% of the transaction value (Min ₹21 and Max ₹300) | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹150 per certificate + ₹100 courier charges | ₹5 per certificate + ₹35 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹35 per certificate + CDSL Charges | ₹150 per certificate + courier charges |
| Pledge Creation | ₹20 + ₹12 CSDL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹20 + ₹12 CSDL charges | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | Nil | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹20 | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | ₹50 per instraction | ₹10 | ₹50 |
| Other Charges | Nil | Nil | Nil |
Compare Zerodha vs SBICAP Securities vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Zerodha | SBICAP Securities | Groww | |
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| Pay In and Pay Out Options | 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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 | Max 24 hrs except for bank holidays | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | Direct to SBI Bank. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| Bank Detail | HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Direct to SBI bank account | NA |
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You will enjoy many benefits or advantages while trading with Zerodha;
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| Special Offers/Promo | 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 Zerodha | Enquire for SBICAP Securities | Enquire for Groww |
Last Updated on 2024-07-02T01:41:09+00:00
