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Tradingo Vs Groww (Compare Tradingo and Groww)

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuring faster and more cost-effective transactions, offering a wide range of financial products and serv... Know more about Tradingo (Swastika Investmart Ltd)

Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Tradingo Vs Groww

Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Tradingo Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX NSE and BSE
Year of Incorporation 2016 2016
Number of Branches 0
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Tradingo Vs Groww Charges & AMC

Tradingo trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year) and Groww Demat Account AMC Charges is Rs 0.

  Tradingo Groww
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 250 +GST (From 2nd Year) Rs 0

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Tradingo Vs Groww Brokerage

Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower) whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Tradingo Discount Broking Plan Groww Standard Plan
Fixed Charges Nil NA
Equity Delivery Rs 20 per trade or 2.5% (whichever is lower) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 20 per trade or 0.05% (whichever is lower) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per trade or 0.05% (whichever is lower) Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per trade or 0.05% (whichever is lower) NA
Currency Options Rs 20 per executed order NA
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower) NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Tradingo Vs Groww Brokerage Plan 2

  Tradingo Groww
Account Type Premium Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.3% of trade value Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.03% of trade value Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.03% of trade value Rs 20 per executed order
Equity Options Rs 30 per lot Rs 20 per executed order
Currency Futures 0.3% of trade value NA
Currency Options Rs 30 per lot NA
Commodity Futures 0.3% of trade value NA
Commodity Options Rs 30 per lot NA
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Tradingo Charges Vs Groww

Minimum Brokerage Rs 0 Rs 20 or 0.05% per executed order
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day) Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Additional Rs 20 per executed order NA

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Tradingo Vs Groww Transaction Charges

Tradingo transaction charges for options is NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Tradingo Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 325 per Cr (0.00325%) | BSE Rs 50 per Cr (0.0005%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 160 per Cr (0.0016%)
Currency Options NSE Rs 6000 per Cr (0.06%) (on premium) (on premium)
Commodity Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr NA
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Tradingo Vs Groww Leverage (Margin)

Tradingo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Tradingo Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Tradingo and Groww Features

The trading platforms offered Tradingo include Tradingo, Justrade. Groww offers Groww trading software.

  Tradingo Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Tradingo, Justrade Groww
Intraday Square-off Time Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes 3:10 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
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Tradingo Vs Groww Review

Tradingo is rated 4.0 of 5 based on 6 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.

  Tradingo Groww
  6 Customer Reviews    Rate Tradingo 101 Customer Reviews    Rate Groww
Fees 4.2 4.2
Brokerage 4.7 3.8
Trading Platform 3.5 3.9
Customer Service 3.8 3.5
Research Capabilities 2.0 3.2
Overall Ratings Rated 4.0 stars Rated 3.8 stars
Broker Rating Tradingo is rated 4.0 of 5 based on 6 customer reviews Groww is rated 3.8 of 5 based on 101 customer reviews

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Contact Broker / Request A Call Back

  Tradingo Enquire Groww Enquire
Contact Broker Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Tradingo Vs Groww Investment Options

  Tradingo Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits

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Tradingo Vs Groww Order Type Offered

  Tradingo Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) No
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Tradingo Vs Groww Research Report

  Tradingo Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Tradingo Vs Groww Suitable For Investor Type

  Tradingo Groww
Casual Investor Yes
Active Investor Yes
Trader Yes

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Tradingo Vs Groww - Pros and Cons

  Tradingo Groww
Pros
  • Discount stock broker.
  • Offer margin funding and higher exposure.
  • 3 different trading platforms: ODIN, NSE Now, JUSTRADE
  • Online IPO and Mutual Funds available.
  • Free trading software
  • Branches in 80+ cities.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

Tradingo Special Offer

Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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