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Yes Securities Logo

About Yes Securities
Incorporated in 2013, YES Securities (YSL) is a wholly-owned subsidiary of YES Bank Limited. YSL is a full-service stockbroker registered with SEBI and is a member of NSE and BSE. The company offers broking services in Equity, Derivatives and Currency derivatives. In addition, it also provides other financial services like Mutual Funds and IPO. YSL offers a 3-in-1 account wherein a bank savings account, a demat account and an investment account is opened at once and linked to each other. This h... Know more about Yes Securities

Groww Logo

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... Know more about Groww

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Yes Securities Vs Groww

Incorporated in 2013, Yes Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 52 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

 Yes SecuritiesGroww
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSENSE and BSE
Year of Incorporation20132016
Number of Branches520

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Yes Securities Vs Groww Charges & AMC

Yes Securities trading account opening charges is Rs 999 while Groww account opening changes is Rs 0 (Free). Yes Securities Demat Account AMC Charges is Rs 500 and Groww Demat Account AMC Charges is Rs 0.

 Yes SecuritiesGroww
Trading Account Opening ChargesRs 999Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0
Demat Account Opening ChargesRs 0Rs 0
Demat Account AMC ChargesRs 500Rs 0

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Yes Securities Vs Groww Brokerage

Yes Securities brokerage charges for equity is 0.45% and intraday is 0.05%(both Sides) 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 TypeYes Securities INVEST Value PlanGroww Standard Plan
Fixed ChargesNA
Equity Delivery0.45%Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday0.05%(both Sides)Rs 20 per executed order or 0.05% whichever is lower
Equity Futures0.05% | Intraday - 0.02%Rs 20 per executed order
Equity OptionsRs 75 per lot | Intraday - Rs 25 per lotRs 20 per executed order
Currency Futures0.05% | Intraday - 0.02%NA
Currency OptionsRs 75 per lot | Intraday - Rs 25 per lotNA
Commodity FuturesNANA
Commodity OptionsNANA
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.

Yes Securities Vs Groww Brokerage Plan 2

 Yes SecuritiesGroww
Account TypeINVEST Advantage Plan (₹5 to ₹25 Lakhs Turnover)Standard Plan
Fixed ChargesNA
Equity Delivery0.40%Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday0.04%Rs 20 per executed order or 0.05% whichever is lower
Equity Futures0.04% | Intraday - 0.02%Rs 20 per executed order
Equity OptionsRs 70 per lot | Intraday - Rs 25 per lotRs 20 per executed order
Currency Futures0.04% | Intraday - 0.02%NA
Currency OptionsRs 70 per lot | Intraday - Rs 25 per lotNA
Commodity FuturesNANA
Commodity OptionsNANA

Yes Securities Charges Vs Groww

Minimum BrokerageRs 25 or 2.5% of Trade Value whichever is lowerRs 20 or 0.05% per executed order
Other ChargesPhysical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade ChargesAdditional Rs 25 per executed orderNA

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Yes Securities Vs Groww Leverage (Margin)

Yes Securities 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.

 Yes SecuritiesGroww
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)

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Compare Yes Securities and Groww Features

The trading platforms offered Yes Securities include YesInvest (Website), Yes Trader (Mobile App). Groww offers Groww trading software.

 Yes SecuritiesGroww
3 in 1 AccountYesNo
Automated TradingNoNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformYesInvest (Website), Yes Trader (Mobile App)Groww
Intraday Square-off Time3:10 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramNoNo
Other Features

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Yes Securities Vs Groww Review

Yes Securities is rated of 5 based on 5 customer reviews whereas Groww is rated of 5 based on 106 customer reviews.

 Yes SecuritiesGroww
 5 Customer Reviews    Rate Yes Securities106 Customer Reviews    Rate Groww
FeesRated 3.2 starsRated 4.3 stars
BrokerageRated 2.2 starsRated 3.8 stars
Trading PlatformRated 2.6 starsRated 3.8 stars
Customer ServiceRated 2.4 starsRated 3.5 stars
Research CapabilitiesRated 3.0 starsRated 3.1 stars
Overall RatingRated 2.2 starsRated 3.8 stars
Broker RatingYes Securities is Rated 2.2 / 5 based on 5 customer reviewsGroww is Rated 3.8 / 5 based on 106 customer reviews

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Contact Broker / Request A Call Back

 Yes SecuritiesGroww
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.

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Yes Securities Vs Groww Investment Options

 Yes SecuritiesGroww
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

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Yes Securities Vs Groww Order Type Offered

 Yes SecuritiesGroww
Bracket OrderNoNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)NoYes
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoNo

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Yes Securities Vs Groww Suitable For Investor Type

 Yes SecuritiesGroww
Casual InvestorYesYes
Active InvestorNoNo
TraderNoNo

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Yes Securities Vs Groww - Pros and Cons

 Yes SecuritiesGroww
Pros
  1. Part of the prestigious Yes Bank.
  2. Full-service broker offering dedicated RM to all customers.
  3. Offer 3-in-1 investment account for seamless transactions between bank, trading and demat account.
  4. Neighborhood support is available through 50+ branches.
  • 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. 
Cons
  1. Very expensive brokerage charges
  2. Doesn't offer commodity trading at MCX.
  3. Minimum brokerage of Rs 25.
  4. Call & Trade is available for an additional Rs 25 per executed order.
  5. Doesn't provide 'Installable Trading Terminal' software to customers.
  • 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.
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.

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  • Pay ₹20 per trade for Intraday & F&O.
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  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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