Groww and Finvasia are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Groww is listed as a Private Discount Broker , established in 2016 and headquartered in Bangalore, while Finvasia is listed as a Private Discount Broker , established in 2009 and headquartered in Mohali.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Groww or Finvasia is a better fit for your investment style, platform preference, and budget.
Groww is listed as a Private Discount Broker established in 2016 with headquarters in Bangalore and founded by Lalit Keshre. The broker highlights access to equity delivery, equity intraday, equity futures, equity options and mutual funds through mobile app access and web trading and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. It follows a Standard Plan brokerage structure.
Finvasia is listed as a Private Discount Broker established in 2009 with headquarters in Mohali and founded by Tajinder Pal Singh & Sarvjeet Singh. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and multi-profile management. Its brokerage model is structured as Standard Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Groww vs Finvasia — A Comprehensive Company Overview
| Company Overview | Groww | Finvasia |
|---|---|---|
| Company Type | Private | Private |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Bangalore | Mohali |
| Founder | Lalit Keshre | Tajinder Pal Singh & Sarvjeet Singh |
| Establishment Year | 2016 | 2009 |
| Brokerage Plan | Standard Plan | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Groww and Finvasia.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Finvasia charges Free.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Finvasia charges Free.
Equity futures: This charge applies to futures contracts on stocks and indices. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Finvasia charges Free.
Equity options: This charge applies to equity option contracts. Groww charges Rs.20 per Order while Finvasia charges Free.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Groww charges Rs.20 per Order while Finvasia charges Free.
Commodity options: This charge applies to option contracts on commodity instruments. Groww charges Rs.20 per Order while Finvasia charges Free.
Currency futures: This charge allows participation in forex price movements on the exchange. Groww charges Rs.20 per Order while Finvasia charges Free.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Groww charges Rs.20 per Order while Finvasia charges Free.
Groww vs Finvasia — Detailed Brokerage Comparison
| Brokerage | Groww | Finvasia |
|---|---|---|
| Brokerage Plan | Standard Plan | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Rs.20 per Order or 0.05% (whichever is low) | Free |
| Equity Intraday | Rs.20 per Order or 0.05% (whichever is low) | Free |
| Equity Future | Rs.20 per Order or 0.05% (whichever is low) | Free |
| Equity Option | Rs.20 per Order | Free |
| Commodity Future | Rs.20 per Order | Free |
| Commodity Option | Rs.20 per Order | Free |
| Currency Future | Rs.20 per Order | Free |
| Currency Option | Rs.20 per Order | Free |
Groww provides mobile app access and web trading for order placement, portfolio tracking, and market monitoring. Finvasia provides mobile app access and web trading for its users.
Android app: Groww and Finvasia both list an Android trading app.
iOS app: Groww and Finvasia both list an iOS trading app.
Web trading platform: Groww and Finvasia both list a web trading platform.
Desktop trading terminal: Neither broker currently highlights a desktop trading terminal.
Algo trading: Neither broker currently highlights algo trading support.
Basket trading: Neither broker currently highlights basket trading.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Groww and Finvasia both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Groww vs Finvasia — Complete Comparison of Trading Platforms
| Trading Platform | Groww | Finvasia |
|---|---|---|
| Android App | Groww Android App Link | Finvasia Android App Link |
| iOS App | Groww iOS App Link | Finvasia iOS App Link |
| Web Trading Platform | Groww Web Trading Link | Finvasia Web Trading Link |
| Trading Terminal | NA | NA |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | NA |
| Bonds Platform | NA | NA |
Groww highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking, while Finvasia promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, live market tracking and multi-profile management. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Groww and Finvasia offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Groww and Finvasia offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Groww and Finvasia offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Groww and Finvasia offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Groww offers this; Finvasia does not currently highlight it.
Live market: Live updates on market movements and trends. Both Groww and Finvasia offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Finvasia offers this; Groww does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Groww and Finvasia offer this feature.
Groww vs Finvasia — Comprehensive Comparison of Trading Features
| Trading Feature | Groww | Finvasia |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | No |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | No | No |
| Interactive Charts | Yes | No |
| Live Market | Yes | Yes |
| Multi Profile Management | NO | Yes |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Groww and Finvasia.
Free account opening: Groww and Finvasia both list free account opening.
Free AMC: Groww and Finvasia both list free Demat AMC.
Free brokerage: Finvasia lists free brokerage, while Groww does not currently mention it.
Flat brokerage: Groww and Finvasia both list flat brokerage pricing.
Flexible brokerage plans: Neither broker currently highlights flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Finvasia lists free delivery trading, while Groww does not currently mention it.
Free intraday trading: Finvasia lists free intraday trading, while Groww does not currently mention it.
Free F&O trading: Finvasia lists free F&O trading, while Groww does not currently mention it.
Free research reports: Neither broker currently highlights free research reports.
Free trading calls: Neither broker currently highlights free trading calls.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Groww offers Rs.300 per Client while Finvasia offers 50 Reward Points per Client for referrals.
Groww vs Finvasia — Comparison of Latest Offers
| Offer | Groww | Finvasia |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | Yes |
| Free Brokerage | No | Yes |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | Yes |
| Free F&O Trading | No | Yes |
| Free Research Reports | No | No |
| Free Trading Calls | No | No |
| Referral Offers | Rs.300 per Client | 50 Reward Points per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Groww highlights equity delivery, equity intraday, equity futures, equity options and mutual funds, while Finvasia highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, mutual funds, commodity futures, commodity options, currency futures and currency options.
Groww vs Finvasia — Complete Comparison of Products
| Product | Groww | Finvasia |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | No | Yes |
| Commodity Future | No | Yes |
| Currency Option | No | Yes |
| Currency Future | No | Yes |
| Foreign Stocks | No | No |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | No |
| Corporate Bonds | No | No |
| Government Bonds | No | No |
| Digital Gold | No | No |
Demat services: Groww and Finvasia both list Demat services.
Trading services: Groww and Finvasia both list trading services.
Intraday services: Groww and Finvasia both list intraday trading services.
F&O services: Groww and Finvasia both list F&O services.
IPO services: Groww and Finvasia both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Neither broker currently highlights stock research.
Stock recommendations: Neither broker currently highlights stock recommendations.
Trading education: Neither broker currently highlights trading education.
Share pledging: Groww and Finvasia both list share pledging.
PMS or PCG: Neither broker currently highlights PMS or PCG support.
NRI services: Finvasia lists NRI services, while Groww does not currently mention it.
Groww provides Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging, while Finvasia offers Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging.
Groww vs Finvasia — In-Depth Comparison of Services
| Service | Groww | Finvasia |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | No | No |
| Stock Recommendations | No | No |
| Trading Education | No | No |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | No |
| NRI Services | No | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Groww and Finvasia.
Groww and Finvasia — Detailed Comparison of Advisory Services
| Advisory | Groww | Finvasia |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | No | Yes, chargeable |
| Company Reports | No | No |
| Annual Reports | No | No |
| IPO Reports | No | No |
| Technical Reports | No | No |
| Stock Tips | No | Yes, chargeable |
| Daily Top Stock Picks | No | Yes, chargeable |
| Daily Market Review | No | No |
| Monthly Review | No | No |
| Weekly Review | No | No |
| Relationship Manager | No | Yes, chargeable |
| Robo Advisory | No | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Groww and Finvasia across different segments.
Groww and Finvasia — Comprehensive Comparison of Trading Exposure
| Exposure | Groww | Finvasia |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Groww and Finvasia both list a sub-broker program. Groww and Finvasia both list a partner program. Groww and Finvasia both list a referral program.
Groww vs Finvasia — Comparative Analysis of Programs
| Program | Groww | Finvasia |
|---|---|---|
| Sub-Broker Program | Yes, Limited | Yes, Limited |
| Partner Program | Yes | Yes, Limited |
| Referral Program | Yes | Yes |
Groww provides support through call support, email support, website support, Facebook support and Twitter/X support. Finvasia provides support through trading desk support, dedicated dealer assistance, call support, email support and website support.
Groww and Finvasia — Comprehensive Comparison of Customer Support
| Support Channel | Groww | Finvasia |
|---|---|---|
| Trading Support | NA | Available, Chargeable |
| Dedicated Dealer | NA | Available, Chargeable |
| Call Support | 9108800604 | 0172-4740000, 0172-6750000 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | — |
| Branches / Offices | NA | NA |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Groww carries an overall rating of 9.75 / 10, while Finvasia carries an overall rating of 7.24 / 10.
Groww vs Finvasia — Ratings Comparison
| Rating Parameter | Groww | Finvasia |
|---|---|---|
| Overall Rating | 9.75 / 10 | 7.24 / 10 |
| Customer Support | 9.71 / 10 | 7.21 / 10 |
| Technology | 9.87 / 10 | 7.33 / 10 |
| Charges | 9.79 / 10 | 7.27 / 10 |
| Products & Services | 9.69 / 10 | 7.20 / 10 |
| Experience | 9.67 / 10 | 7.18 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Groww & Finvasia — Comparison of Customer Complaints
| Complaint Metric | Groww | Finvasia |
|---|---|---|
| Total Complaints Lodged | 181 | 31 |
| Total Complaints Resolved | 163 | 21 |
| % of Resolved Complaints | 90.06% | 67.74% |
| Non-Actionable Complaints | 9 | 3 |
| % of Non-Actionable Complaints | 4.97% | 9.68% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Groww and Finvasia.
Groww vs Finvasia — Detailed Comparison of Transaction Charges
| Transaction Charges | Groww | Finvasia |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Future | 0.0019% (NSE & BSE) | 0.0019% (NSE & BSE) |
| Equity Option | 0.05% (on premium) | 0.05% (on premium) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Currency Future | NA | 0.0009% (NSE) & 0.00022% (BSE) |
| Currency Option | NA | 0.035% (NSE) & 0.001% (BSE) |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Groww & Finvasia — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Groww | Finvasia |
|---|---|---|
| Pledge Creation Charges | Free | Rs.20 per Request |
| Pledge Invocation Charges | Rs.20 per Request | Rs.20 per Request |
| Margin Trading Interest | 0.045% per day | 0.05% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Groww and Finvasia — Detailed Comparison of Hidden / Other Charges
| Charge | Groww | Finvasia |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.13.5 per Scrip only on Sell | Rs.30 per Scrip on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Free | Nil |
| Reactivation Charges | Free | Nil |
| Dematerialisation Charges | Not Available | Rs.30 per Certificate |
| Call & Trade Charges | Not Available | Rs.30 per Trade |
Groww lists account opening charges of Free and Demat AMC of Free. Finvasia lists account opening charges of Free and Demat AMC of Free.
Groww vs Finvasia — Detailed Comparison of Demat Charges
| Demat Charges | Groww | Finvasia |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free | Free |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Groww vs Finvasia — Comparative Analysis of STT and CTT Charges
| STT & CTT | Groww | Finvasia |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Intraday | 0.025% on sell | 0.025% on sell |
| Equity Future | 0.0125% on sell | 0.0125% on sell |
| Equity Option | 0.0625% on sell (on premium) | 0.0625% on sell (on premium) |
| Commodity Future | NA | 0.01% on sell (Non-Agri) |
| Commodity Option | NA | 0.05% on sell |
| Currency Future | NA | Nil |
| Currency Option | NA | Nil |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Groww and Finvasia — Comparison of Stamp Duty Charges
| Stamp Duty | Groww | Finvasia |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% on buy |
| Equity Intraday | 0.003% on buy | 0.003% on buy |
| Equity Future | 0.002% on buy | 0.002% on buy |
| Equity Option | 0.003% on buy | 0.003% on buy |
| Commodity Future | NA | 0.002% on buy |
| Commodity Option | NA | 0.003% on buy |
| Currency Future | NA | 0.0001% on buy |
| Currency Option | NA | 0.0001% on buy |