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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... 
About Jainam Broking
Established in 2003, Jainam Broking Limited is a full-service brokerage firm that offers a range of financial services, including online stock trading and investment platforms. They offer services like equity trading, currency, mutual funds, research and analysis, wealth management, and online brokerage.
Jainam Broking also focuses on research reports, investment advisory, and making investing accessible to a broader audience. The company is headquartered in Surat, Gujarat, and has an extensive ...
Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India. Incorporated in 2003, Jainam Broking is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Groww | Jainam Broking | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE and BSE | BSE, NSE |
| Year of Incorporation | 2016 | 2003 |
| Number of Branches | 0 | 0 |
| Open Jainam Broking Account |
Groww trading account opening charges is Rs 0 (Free) while Jainam Broking account opening changes is Rs 0 (Free). Groww Demat Account AMC Charges is Rs 0 and Jainam Broking Demat Account AMC Charges is Rs 0 (Free).
| Groww | Jainam Broking | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 | Rs 0 (Free) |
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 whereas Jainam Broking brokerage charges for equity is Rs 18 per order and intraday is Rs 18 per order.
| Account Type | Groww Standard Plan | Jainam Broking DIY Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower | Rs 18 per order |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 18 per order |
| Equity Futures | Rs 20 per executed order | Rs 18 per order |
| Equity Options | Rs 20 per executed order | Rs 18 per order |
| Currency Futures | NA | Rs 18 per order |
| Currency Options | NA | Rs 18 per order |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Special 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. | Special Offer: Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
|
| Groww | Jainam Broking | |
|---|---|---|
| Account Type | Standard Plan | Premium Plan |
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower | 0.3% |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | 0.03% |
| Equity Futures | Rs 20 per executed order | 0.03% |
| Equity Options | Rs 20 per executed order | Rs 30 per lot |
| Currency Futures | NA | Rs 30 per lot |
| Currency Options | NA | Rs 30 per lot |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Open Jainam Broking Account |
| Minimum Brokerage | Rs 20 or 0.05% per executed order | Rs 18 |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | NA | Rs 70 per order for DIY Plan and Rs 0 for Premium Plan |
| Open Jainam Broking Account |
Groww margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Jainam Broking margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Groww | Jainam Broking | |
|---|---|---|
| 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) |
| Open Jainam Broking Account |
The trading platforms offered Groww include Groww. Jainam Broking offers JLite, JPlus, Strike trading software.
| Groww | Jainam Broking | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | |  |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Groww | JLite, JPlus, Strike |
| Intraday Square-off Time | 3:10 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Rights Issue, Buybacks, OFS and Mutual Fund Trading via Call & Trade Service. | |
| Open Jainam Broking Account |
Groww is rated of 5 based on 106 customer reviews whereas Jainam Broking is rated of 5 based on 0 customer reviews.
| Groww | Jainam Broking | |
|---|---|---|
106 Customer Reviews  | 0 Customer Reviews | |
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| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Groww is Rated 3.8 / 5 based on 106 customer reviews | Jainam Broking is Rated / 5 based on 0 customer reviews |
| Groww | Jainam Broking | |
|---|---|---|
| Contact Broker | 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. | Enjoy FREE online account opening with Jainam Broking.
Start investing with minimum brokerage of Rs 18 per order.
Open an Instant Account
|
| Groww | Jainam Broking | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Groww | Jainam Broking | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Jainam Broking Account |
| Groww | Jainam Broking | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Groww | Jainam Broking | |
|---|---|---|
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| Reviews | 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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Jainam Broking Special OfferInvest smart, invest simple — your journey begins at just ₹18 per orderOpen a Free Demat Account online and start trading today. |
| Open Jainam Broking Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Jainam Broking Account
