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Groww Vs Sushil Finance: Which one is better?

Both the brokers are registered with SEBI. Groww offers investmenet in Equity, F&O and Currency only, where Sushil Finance offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Groww Max Rs 20 per trade while the brokerage of Sushil Finance ranges between .01 to .03 . Groww is a Discount Broker where Sushil Finance is a Full Service Broker. Groww is having overall higher rating compare to Sushil Finance. Groww is rated 4 out of 5 where Sushil Finance is rated only 3 out of 5. Number of active customer for Groww is 51,65,760 where number of active customer for Sushil Finance is . Groww is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Groww vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Groww vs Sushil Finance's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Groww vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Groww vs Sushil Finance's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Groww vs Sushil Finance on Service

  Groww Compare
Groww
Sushil Finance Compare
Sushil Finance
Overall Rating Rated 4 stars Rated 3 stars
Brokerage Charges Rated 4.5 stars Rated 3 stars
Trading Platform Rated 4 stars Rated 3 stars
Investments Offering Rated 4 stars Rated 3 stars
Customer Service Rated 4 stars Rated 3 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 51,65,760
Broker Overview Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok... Know more about Groww Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Groww vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of Groww with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Groww with Sushil Finance
Charges Groww Sushil Finance
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Groww vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare Groww with Sushil Finance. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Groww with Sushil Finance on Plan Options
Plan Types Groww Sushil Finance
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Account Opening Request
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Brokerage Charges

Compare Groww vs Sushil Finance on Brokerage Charges

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare Groww with Sushil Finance
Brokerage Charges Compare Groww Sushil Finance
Plan Name Flat Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.05% or Rs 20 whichever is lower 0.3% or 30 paisa
Equity Intraday 0.05% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures Flat Fee Rs 20 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures Not Available 0.03% or 3 paisa
Currency Options Not Available Rs 30 Per Lot
Commodity Trading Not Available 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 Per Executable Order NA
Auto Square off Charges Rs 50 Per Executable Order NA
Brokerage Calculator Brokerage Calculator for Groww Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare Groww vs Sushil Finance on Transaction Charges

Compare Groww with Sushil Finance on transaction charges and PCM fee by segment.

Transaction Charges - Compare Groww with Sushil Finance
Transaction Charges Compare Groww Sushil Finance
Equity Delivery Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr
Equity Futures Rs 210 Per Cr
Equity Options Rs 5500 Per Cr
Currency Futures NA
Currency Options NA
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for groww Complete Brokerage Plans for sushil-finance
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Account Features

Compare Groww vs Sushil Finance on Account Features

Compare Groww with Sushil Finance on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Sushil Finance offers Algo Trading where Groww doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sushil Finance offers NRI where Groww doesn't offers NRI Trading.

Account Features - Groww with Sushil Finance
Account Features Compare Groww Sushil Finance
3 in 1 Account No Groww have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Groww vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Groww and Sushil Finance. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Groww with Sushil Finance
Trading Platform Compare Groww Sushil Finance
Desktop Trading Platform Sushil Finance
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Yes https://itrading.sushilfinance.com/html5/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Yes Sushil Connect
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Yes Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Yes Download iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Groww Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for Groww Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for Groww Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for groww Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare Groww vs Sushil Finance on User Rating

  Groww Sushil Finance
  6 Customer Reviews    Rate Groww 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 4.3 4.0
Trading Brokerage Rating 4.0 5.0
Trading Platform Usability 4.3 4.0
Customer Service Ratings 3.5 5.0
Overall Ratings Rated 4.5 stars Rated 4.0 stars
Broker Rating Groww is Rated 4.5 / 5 based on 6 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Groww vs Sushil Finance on Investment Offerings

Compare Groww with Sushil Finance on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Sushil Finance offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Groww with Sushil Finance
Investment Offerings Compare Groww Sushil Finance
Equity Cash and F&O Yes Yes
Currency Deravitives No Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Insurance
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Order Types

Compare Groww vs Sushil Finance on Order Types

Order Type - Compare Groww with Sushil Finance on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Sushil Finance offers After market orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Groww with Sushil Finance
Order Type Compare Groww Sushil Finance
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Groww vs Sushil Finance on Customer Service

Compare Groww with Sushil Finance on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Groww with Sushil Finance
Customer Service Compare Groww Sushil Finance
24/7 Customer Service Groww vs Sushil Finance - 24x7 customer support No No
Email Support Groww vs Sushil Finance - Email Support Yes Yes
Onine Live Chat Groww vs Sushil Finance - Onine Live Chat Yes No
Phone Support Groww vs Sushil Finance - Phone Support Yes Yes
Toll Free Number Groww vs Sushil Finance - Toll Free Number No No
Through Branches Groww vs Sushil Finance - Through Branches No Yes
Customer Care Number Groww vs Sushil Finance - Customer Care Number 9108800604 +91-22-40778083/87/88
Account Opening Process Groww vs Sushil Finance - Account Opening Process Online Instant & Paperless
Customer Support Email Groww vs Sushil Finance - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Groww vs Sushil Finance - Knowledge Center/Education https://groww.in/academy https://www.sushilfinance.com/research/fundamental
Head Office Address Groww vs Sushil Finance - Head Office Address/Corporate Address Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Info Not Available
Website Groww vs Sushil Finance - Company Website https://groww.in/ https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare Groww vs Sushil Finance on Research Reports, Tips

Compare Groww with Sushil Finance on research reports and tips provided by the broker.

Research Reports - Compare Groww with Sushil Finance
  Groww Sushil Finance
Research Mutual Funds Groww vs Sushil Finance - Research Mutual Funds No Yes
Research Equity Reports Groww vs Sushil Finance - Research Equity Reports No Yes
Research ETF Groww vs Sushil Finance - Research ETF No Yes
Daily Market Report Groww vs Sushil Finance - Daily Market Report No Yes
Free Tips Groww vs Sushil Finance - Free Tips No Yes
Quarterly Result Analysis Groww vs Sushil Finance - Quarterly Results No Yes
News Alerts Groww vs Sushil Finance - No Yes
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Demat Account

Compare Groww vs Sushil Finance on Demat Account

Compare Groww with Sushil Finance on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Sushil Finance is ₹400 one time where for Groww is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Groww is ₹8 + ₹5.50 CDSL charges where for Sushil Finance is 0.04% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Groww with Sushil Finance
  Groww Sushil Finance
DP Source CDSL CDSL
DP ID Groww vs Sushil Finance - DP ID No No
Demat Account Annual Maintenance Charges(AMC) Zero ₹400 one time
Advance Deposit Nil INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Legal Charges Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 CDSL charges 0.04% of the transaction value (Min ₹15)
Demat ₹150 per certificate + courier charges ₹10 per certificate + ₹75 request charges
Remat ₹150 per certificate + courier charges ₹35 per request
Pledge Creation ₹20 + Rs. 12 per request (CDSL Charges) ₹35
Pledge Creation Confirmation ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Closure ₹20 + Rs. 12 per request (CDSL Charges) ₹35
Pledge Closure Confirmation ₹20 + Rs. 12 per request (CDSL Charges) Nil
Pledge Invocation ₹20 + Rs. 12 per request (CDSL Charges) Nil
Failed Instruction Charges ₹50 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Groww vs Sushil Finance on Special Offers and Promotion

Compare Groww with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Groww vs Sushil Finance on Special Offers and Promotion
  Groww Sushil Finance
Pay In and Pay Out Options Groww vs Sushil Finance - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Groww vs Sushil Finance - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Groww vs Sushil Finance - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;

  • Pay Rs. 20 flat brokerage charges.
  • Zero account opening fees on Groww Trading & Demat Account.
  • Zero Demat account maintenance charges.
  • Free direct mutual fund investment at nil brokerage and get an extra upto 1.5% return.
  • Easy-to-use, safe, and reliable Groww App and Web platform.
  • Apply for IPO online via UPI.
  • Invest in digital gold, US stocks, US ETFs, and FDs.
  • Get the latest trending news and updates on the Groww Digest.
  • Groww Academy is a 100% free learning platform for beginners.
  • Zero fixed charges.
  • Zero hidden charges.

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes

Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;

  • Groww does not offer commodity and currency trading.
  • Groww does not provide research, trading tips, and recommendations.
  • NRIs cannot open Groww account.
  • Advanced orders like Bracket order, Cover order, GTT, and AMO order is unavailable.
  • Delivery trading is not free.
  • No call & trade facility.
  • No margin trading.

Detail Review...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo
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Last Updated on 2022-06-17T09:13:17+00:00