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FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
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The brokerage of Finvasia ranges between Rs 0, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of Groww ranges between Rs 20. The broker Finvasia and Groww are discount brokers where ICICIDirect is a full service broker. Overall rating for Finvasia is 4, ICICIDirect is rated 4, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs ICICIDirect 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 ICICIDirect 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 ICICIDirect vs Groww in this setion with 360 degree view of broker information.
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| Broker Type | Discount Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | 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...  |
ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... |
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 ICICIDirect 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 - Finvasia charges Free as AMC for Demat account, ICICIDirect charges Rs 300 per annum AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | Finvasia | ICICIDirect | Groww |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Rs 300 per annum | Free |
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Plans are the most important feature you look when compare Finvasia vs ICICIDirect vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Finvasia and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Finvasia | ICICIDirect | Groww |
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| Zerodha | Zerodha | Zerodha | |
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Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures 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 | Finvasia | ICICIDirect | Groww |
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| Plan Name | Zero Brokerage Trading Plan | NEO Flat Discount Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | Rs 0 | 0.55% | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | Rs 0 | Flat Rs. 20 per order | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Rs 0 | Free (Rs. 0 brokerage) | Flat Fee Rs 20 |
| Equity Options | Rs 0 | Flat Rs. 20 per order | Flat Fee Rs 20 |
| Currency Futures | Rs 0 | Flat Rs. 20 per order | Not Available |
| Currency Options | Rs 0 | Flat Rs. 20 per order | Not Available |
| Commodity Trading | Rs 0 | Flat Rs. 20 per order | Not Available |
| Minimum Brokerage | NA | Rs 35 per trade | |
| Hidden Charges | No | Yes | |
| Call & Trade Charges | Free | First 20 call free and Rs 25 there onwards. | Rs 50 Per Executable Order |
| Auto Square off Charges | Free | First 20 call free and Rs 25 there onwards. | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Groww |
Compare Finvasia vs ICICIDirect vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Finvasia | ICICIDirect | 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 | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for groww |
Compare Finvasia vs ICICIDirect vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Finvasia and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Groww offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and ICICIDirect offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | Finvasia | ICICIDirect | 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 | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs ICICIDirect 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 | ICICIDirect | Groww | ||
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17 Customer Reviews
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267 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 | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Groww is Rated 1.7 / 5 based on 20 customer reviews |
Compare Finvasia vs ICICIDirect 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 offers Commodity Trading where ICICIDirect and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where Finvasia and Groww doesn't offers PMS facility.
| Investment Offerings Compare | Finvasia | ICICIDirect | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Compare Finvasia vs ICICIDirect 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 | ICICIDirect | Groww |
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| Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 1860 123 1122 | 9108800604 |
| Account Opening Process | Online/Paperless | Online | Online |
| Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://finvasia.com/announcements | https://www.icicidirect.com/knowledge-center | https://groww.in/academy |
| Head Office Address | Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://www.finvasia.com/ | https://www.icicidirect.com | https://groww.in/ |
Compare Finvasia vs ICICIDirect vs Groww on research reports and tips provided by broker.
| Finvasia | ICICIDirect | Groww | |
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| Research Mutual Funds | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Finvasia vs ICICIDirect vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Finvasia | ICICIDirect | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 84300 | 14301 | 88700 |
| Demat Account Annual Maintenance Charges(AMC) | Free | ₹700 pa | Zero |
| Advance Deposit | Rs 0 | Rs. 7500/- , If the client is not having ICICI BANK Account | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹15 per certificate | ₹50 per set up | ₹150 per certificate + courier charges |
| Remat | ₹15 for every hundred securities + CDSL Charges | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹150 per certificate + courier charges |
| Pledge Creation | ₹25 per transaction | 0.02% (Min ₹35 and Max ₹25,000) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | NIL | 0.02% (Min ₹35 and Max ₹25,000) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹25 per transaction | 0.02% (Min ₹35 and Max ₹25,000) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | NIL | 0.02% (Min ₹35 and Max ₹25,000) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹19 per transaction | 0.02% (Min ₹35 and Max ₹25,000) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | ₹49 | ₹30 per transaction | ₹50 |
| Other Charges |
Compare Finvasia vs ICICIDirect vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Finvasia | ICICIDirect | Groww | |
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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. | Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquire for Finvasia | Enquire for ICICIDirect | Enquire for Groww |
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