TradeSmart Vs Groww (Compare TradeSmart and Groww)

• Unlike most of the discount brokers; TradeSmart offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
• TSO offers to invest in Mutual Funds, Bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
• Excellent referral benefits are available. The customer receives 10% credit of the brokerage generated by the clients referred by them.
• No minimum amount is needed to open or maintain a trading account with TSO.
• Customer service is available through live chat on its website. This is very convenient for many customers.
• TradeSmart has been in the stock broking industry since 1994.
• TSO's online knowledgebase has a lot of information which is helpful for most customers.

• 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. 

• Call and Trade is charged an extra Rs 20 per executed order.
• Physical contract notes Rs 20 per contract note + courier charges
• Intraday positions (MIS, CO & BO) squared off by the RMS team are charged at Rs 20.
• 24/7 customer service is not available.
• Doesn't provide daily market reports, free tips, news alerts and technical analysis.
• 3-in-1 accounts are not available as the company doesn't provide banking services.

• 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.

• Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)

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.