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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 53,73,705 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
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.
 Groww |
 Sushil Finance |
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| Overall Rating |
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| Brokerage Charges |
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Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE | BSE, NSE, MCX, NCDEX |
| Active Clients | 53,73,705 | |
| 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...  |
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... |
| Broker Enquiry |
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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.
| 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 |  |
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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.
| Plan Types | Groww | Sushil Finance |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
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| Account Opening Request |
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 | 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 |
Compare Groww with Sushil Finance on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Groww | Sushil Finance |
|---|---|---|
| Equity Delivery | Rs 335 Per Cr | Rs 335 Per Cr |
| Equity Intraday | Rs 335 Per Cr | Rs 335 Per Cr |
| Equity Futures | Rs 200 Per Cr | Rs 200 Per Cr |
| Equity Options | Rs 5050 Per Cr | Rs 5050 Per Cr |
| Currency Futures | Rs 90 Per Cr | Rs 90 Per Cr |
| Currency Options | Rs 3500 Per Cr | Rs 3500 Per Cr |
| 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 |
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 Compare | Groww | Sushil Finance |
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| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:10 PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
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 | Sushil Finance |
|---|---|---|
| Desktop Trading Platform | Sushil Finance | |
| Desktop Demo | Info Not Available | Info Not Available |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | Yes | https://itrading.sushilfinance.com/html5/ |
| Web Trading Demo | Info Not Available | Info Not Available |
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| Mobile Trading | |
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| Mobile Trading App | Yes | Sushil Connect |
| Mobile Trading App Demo | Info Not Available | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod Yes Download | Andriod Sushil Connect Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Yes Download | iOS Sushil Connect Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| 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 |
| Groww | Sushil Finance | |
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6 Customer Reviews
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1 Customer Reviews
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| Fees Ratings |  |
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| Trading Brokerage Rating | |
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| Overall Ratings |  |
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| 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 |
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 | Sushil Finance |
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| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | Insurance |
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 Type Compare | Groww | Sushil Finance |
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| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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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 Service Compare | Groww | Sushil Finance |
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| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Through Branches
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| Customer Care Number
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9108800604 | +91-22-40778083/87/88 |
| Account Opening Process
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Online | Instant & Paperless |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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https://groww.in/academy | https://www.sushilfinance.com/research/fundamental |
| Head Office Address
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Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Info Not Available |
| Website
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https://groww.in/ | https://www.sushilfinance.com/ |
Compare Groww with Sushil Finance on research reports and tips provided by the broker.
| Groww | Sushil Finance | |
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| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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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
| Groww | Sushil Finance | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
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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 |
Compare Groww with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Groww | Sushil Finance | |
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| Pay In and Pay Out Options
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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
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Max 24 hrs except bank holidays | Info Not Available |
| Bank Supported and Charges
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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;
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| 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;
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| Special Offers/Promo | ||
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-04-19T06:08:36+00:00
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