Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App and Investiger App (available for Android and iOS devices).
Designed for serious Investors and Traders... 
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...
Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2000 | 2016 |
| Number of Branches | 2800 | 0 |
Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Groww Demat Account AMC Charges is Rs 0.
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 400 (Free for 1st year) | Rs 0 |
Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas 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.
| Account Type | Mirae Asset Sharekhan Classic Account | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.02% per transaction value | Rs 20 per executed order |
| Equity Options | Rs 39 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | NA |
| Currency Options | Rs 5 per lot | NA |
| Commodity Futures | 0.02% | NA |
| Commodity Options | Rs 20 per lot | 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. | 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. |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Account Type | Prepaid - Rs 1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.015% | Rs 20 per executed order |
| Equity Options | 0.05% or Rs 63 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | NA |
| Currency Options | Rs 5 per lot | NA |
| Commodity Futures | 0.02% | NA |
| Commodity Options | Rs 20 per lot | NA |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Account Type | Margin - Rs 1 Lakh | Standard Plan |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.05% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.05% | Rs 20 per executed order |
| Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | NA |
| Currency Options | Rs 5 per lot | NA |
| Commodity Futures | 0.02% | NA |
| Commodity Options | Rs 20 per lot | NA |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | Rs 20 or 0.05% per executed order |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | Rs 20 | NA |
Mirae Asset Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| 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) |
The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Groww offers Groww trading software.
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | TradeTiger, Sharekhan Mobile | Groww |
| Intraday Square-off Time | 3:30 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Pattern finder, Class room training | |
Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Groww is rated of 5 based on 106 customer reviews.
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
316 Customer Reviews  | 106 Customer Reviews | |
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| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Groww is Rated 3.8 / 5 based on 106 customer reviews |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| 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. | 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. |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Mirae Asset Sharekhan | Groww | |
|---|---|---|
| Casual Investor | | |
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| Mirae Asset Sharekhan | Groww | |
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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
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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