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Share.Market Vs Groww: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of Share.Market Max Rs 20 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. Share.Market is having overall higher rating compare to Groww. Share.Market is rated 4 out of 5 where Groww is rated only out of 5. Number of active customer for Groww is 99,31,232 where number of active customer for Share.Market is 1,22,276. Groww is serving more customer compare to Share.Market.

Here we present side-by-side comparison of Share.Market vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Share.Market vs Groww's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Share.Market vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Share.Market vs Groww's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Share.Market vs Groww on Service

  Share.Market Compare
Share.Market
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE NSE, BSE
Active Clients 1,22,276 99,31,232
Broker Overview Share.Market by PhonePe despite being relatively a new brokerage house, its free account opening, lowest demat maintenance charges, Rs 20/order flat brokerage charges, user-friendly Share.Market mobile app and website, and expert-curated WealthBasket... Know more about Share.Market
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Share.Market vs Groww on Trading & Demat Account Opening Charges

Comparison of Share.Market with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Share.Market charges Rs 15 per month (Free for 1st Year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Share.Market with Groww
Charges Share.Market Groww
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 15 per month (Free for 1st Year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Share.Market vs Groww on Plan Options

Plans are the most important feature you look when compare Share.Market with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Share.Market provide Multiple Plans where Groww doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Share.Market with Groww on Plan Options
Plan Types Share.Market Groww
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Share.Market vs Groww on Brokerage Charges

Share.Market Brokerage Plan detail - PhonePe Share.market offers a fixed flat brokerage model that charges you a maximum Rs 20 per order brokerage on equity intraday, delivery, and equity F&O 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 Share.Market with Groww
Brokerage Charges Compare Share.Market Groww
Plan Name Flat Brokerage Plan Flat Brokerage Plan
Equity Delivery 0.05% or Rs 20, whichever is lower 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 20, whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures NA Not Available
Currency Options NA Not Available
Commodity Trading NA Not Available
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Call & Trade Charges NA Rs 50 Per Executable Order
Auto Square off Charges Rs 30 per executed order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Share.Market Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Share.Market vs Groww on Transaction Charges

Compare Share.Market with Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Share.Market with Groww
Transaction Charges Compare Share.Market Groww
Equity Delivery 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
Equity Futures 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
Currency Futures 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
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for share.market Complete Brokerage Plans for groww
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Account Features

Compare Share.Market vs Groww on Account Features

Compare Share.Market with Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Groww offers a margin funding where Share.Market doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

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

Compare Share.Market vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Share.Market and Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Share.Market with Groww
Trading Platform Compare Share.Market Groww
Web Trading Platform Yes Yes
Web Trading Detail Share.Market Website Yes
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes
Mobile Trading App Share.Market app Groww App
Mobile Trading App Demo Share.Market app Demo Groww App Demo
Android Mobile App Yes Yes
Android App Download Andriod Share.Market app Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Share.Market app Download iOS Groww App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Share.Market Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Share.Market Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Share.Market Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for share.market Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Share.Market vs Groww on User Rating

  Share.Market Groww
  13 Customer Reviews    Rate Share.Market 20 Customer Reviews    Rate Groww
Fees Ratings 4.1 1.8
Trading Brokerage Rating 4.7 1.6
Trading Platform Usability 4.1 1.7
Customer Service Ratings 4.4 1.4
Overall Ratings 4.3 1.7
Broker Rating Share.Market is Rated 4.3 / 5 based on 13 customer reviews Groww is Rated 1.7 / 5 based on 20 customer reviews
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Investment Offerings

Compare Share.Market vs Groww on Investment Offerings

Compare Share.Market with 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker don't offers Commodity Trading (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Share.Market with Groww
Investment Offerings Compare Share.Market Groww
Equity Cash and F&O Yes Yes
Currency Deravitives No No
Commodity No No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options WealthBasket NIL
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Customer Service Offered

Compare Share.Market vs Groww on Customer Service

Compare Share.Market with Groww on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Share.Market with Groww
Customer Service Compare Share.Market Groww
24/7 Customer Service Share.Market vs Groww - 24x7 customer support No No
Email Support Share.Market vs Groww - Email Support Yes Yes
Onine Live Chat Share.Market vs Groww - Onine Live Chat Yes Yes
Phone Support Share.Market vs Groww - Phone Support No Yes
Toll Free Number Share.Market vs Groww - Toll Free Number No No
Through Branches Share.Market vs Groww - Through Branches No No
Customer Care Number Share.Market vs Groww - Customer Care Number 080-68727687 9108800604
Account Opening Process Share.Market vs Groww - Account Opening Process Paperless Online
Customer Support Email Share.Market vs Groww - Customer Support Email [email protected]. [email protected]
Knowledge Center/Education Share.Market vs Groww - Knowledge Center/Education https://share.market/support/home/ https://groww.in/academy
Head Office Address Share.Market vs Groww - Head Office Address/Corporate Address 2, Floor 3, Wing A, Block A, Salarpuria Softzone,
Bellandur Village, Varthur Hobli, Outer Ring Road,
Bangalore South, Bangalore , Karnataka - 560103
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Share.Market vs Groww - Company Website https://share.market/ https://groww.in/
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Tips/Research/Reports Published

Compare Share.Market vs Groww on Research Reports, Tips

Compare Share.Market with Groww on research reports and tips provided by the broker.

Research Reports - Compare Share.Market with Groww
  Share.Market Groww
Research Mutual Funds Share.Market vs Groww - Research Mutual Funds No No
Research Equity Reports Share.Market vs Groww - Research Equity Reports No No
Research ETF Share.Market vs Groww - Research ETF No No
Daily Market Report Share.Market vs Groww - Daily Market Report No No
Free Tips Share.Market vs Groww - Free Tips No No
Quarterly Result Analysis Share.Market vs Groww - Quarterly Results No No
News Alerts Share.Market vs Groww - No No
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Demat Account

Compare Share.Market vs Groww on Demat Account

Compare Share.Market with Groww on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Groww is Zero where for Share.Market is ₹15 pm.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Share.Market is ₹13.50 where for Groww is ₹8 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Share.Market with Groww
  Share.Market Groww
DP Source CDSL CDSL
DP ID Share.Market vs Groww - DP ID 96000 88700
Demat Account Annual Maintenance Charges(AMC) ₹15 pm Zero
Advance Deposit NIL Nil
Statutory charges NIL Legal Charges
Transaction Charges on Debit (Per ISIN) ₹13.50 ₹8 + ₹5.50 CDSL charges
Demat ₹150 per certificate + Courier Charges ₹150 per certificate + courier charges
Remat ₹150 per certificate + Courier Charges ₹150 per certificate + courier charges
Pledge Creation ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹50 ₹50
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Share.Market vs Groww on Special Offers and Promotion

Compare Share.Market with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Share.Market vs Groww on Special Offers and Promotion
  Share.Market Groww
Likes
  • No onboarding fee and paperless account opening process
  • Lowest Demat account maintenance fee, Rs 15/month charged quarterly
  • It charges competitive brokerage fee of Rs 20/order like Groww, Zerodha, and Fyers.
  • WealthBasket, research-driven basket of stocks and ETFs for investment
  • User-friendly mobile app and web-based trading platforms for novice traders and investors.
  • Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order.
  • Stock factor analysis to pick right stock for investment
  • Pledge your holdings for margin trading

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
  • Delivery trading is not free.
  • Commodity and currency trading not available.
  • Share.Market does not provide trading tips.
  • PhonePe does not offer direct mutual funds for investment.
  • NRI trading is not available.
  • No call & trade facility
  • Advance features such as trading from charts, basket order, GTT order are not available.
  • It does not provide zero brokerage unlimited trading plans.

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, No Demat AMC for 1st Year, Equity and F&O trading at Rs 20/order maximum brokerage, and No Hidden Charges
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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