Groww vs MStock – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs MStock here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and MStock.

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Groww vs MStock – Company Overview

Company Overview Groww MStock
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Lalit Keshre Park Hyeon-Joo
Establishment Year 2016 1997

Compare the Brokerage of Groww and MStock

Brokerage Groww MStock
Brokerage Plan Standard Plan Zero Delivery Plan
Subscription Charges Zero Zero
Equity Delivery Rs.20 per Trade or 0.05% (whichever is low) Free
Equity Intraday Rs.20 per Trade or 0.05% (whichever is low) Rs.20 per Trade
Equity Future Rs.20 per Trade or 0.05% (whichever is low) Rs.20 per Trade
Equity Option Rs.20 per Trade Rs.20 per Trade
Commodity Future NA NA
Commodity Option NA NA
Currency Future NA Rs.20 per Trade
Currency Option NA Rs.20 per Trade

Groww vs MStock – Trading Platforms

Trading Platforms Groww MStock
Android App Groww Android App Link MStock Android App Link
iOS App Groww iOS App Link MStock iOS App Link
Web Trading Platform Groww Web Trading Link MStock Web Trading Link
Trading Terminal NA NA
Algo Trading Platform NA NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Groww and MStock – Trading Features

Trading Features Groww MStock
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No No
Global indices No No
Customised Recommendations No No
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Groww vs MStock Offers

Offers Groww MStock
Free Account Opening Yes No
Free AMC Yes No
Free Brokerage No Yes, Limited
Flat Brokerage Yes Yes
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading No Yes
Free Intraday Trading No Yes, Limited
Free F&O Trading No Yes, Limited
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers Rs.300 per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Groww vs MStock – Products Provided

Products Provided Groww MStock
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No No
Commodity Future No No
Currency Option No Yes
Currency Future No Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Groww vs MStock – Services Provided

Services Provided Groww MStock
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution No No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Groww and MStock Advisory

Advisory Groww MStock
Fundamental Reports No No
Research Reports No No
Company Reports No No
Annual Reports No No
IPO Reports No No
Technical Reports No No
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review No Yes
Relationship Manager No No
Robo Advisory No No

Comparison of Groww and MStock Exposure

Exposure Groww MStock
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Groww & MStock

Programs Groww MStock
Sub Broker Program Yes, Limited Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Groww vs MStock – Ratings by Finec

Ratings Groww MStock
Overall Rating 9.75 / 10 7.28 / 10
Customer Support 9.71 / 10 7.25 / 10
Technology 9.87 / 10 7.37 / 10
Charges 9.79 / 10 7.31 / 10
Products & Service 9.69 / 10 7.24 / 10
Experience 9.67 / 10 7.22 / 10

Compare Customer Support of Groww and MStock

Customer Support Groww MStock
Trading Support NA Available, Chargeable
Dedicated Dealer NA Available, Chargeable
Call Support 9108800604 1800-2100-818
Email Support support@groww.in help@mstock.com
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices NA NA

Comparison of Groww & MStock Complaints

Complaints Groww MStock
Total Complaints Lodged 181 113
Total Complaints Resolved 163 101
% of Resolved Complaints 90.06% 89.38%
Non Actionable Complaints 9 6
% of Non Actionable Complaints 4.97% 5.31%

Compare Demat Charges of Groww vs MStock

Demat Charges Groww MStock
Account Opening Charges Free Rs.149
Annual Maintenance Charges (AMC) Free Rs.999

Groww vs MStock – Compare STT & CTT

STT & CTT Groww MStock
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future NA 0.01% on sell (Non-Agri)
Commodity Option NA 0.05% on sell
Currency Future NA Nil
Currency Option NA Nil

Compare Stamp Duty of Groww and MStock

Stamp Duty Groww MStock
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future NA 0.002% on buy
Commodity Option NA 0.003% on buy
Currency Future NA 0.0001% on buy
Currency Option NA 0.0001% on buy

Groww vs MStock – Transaction Charges

Transaction Charges Groww MStock
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.05% (on premium) 0.05% (on premium)
Commodity Future NA NA
Commodity Option NA NA
Currency Future NA 0.0009% (NSE)
Currency Option NA 0.035% (NSE)

Compare Pledge Charges of Groww & MStock

Pledge Charges Groww MStock
Pledge Creation Charges Free Rs.32 per Request
Pledge Invocation Charges Rs.20 per Request Rs.32 per Request
Interest on Margin Trading 0.045% per day 0.05% per day

Comparison of Groww and MStock – Hidden Charge

Hidden Charge Groww MStock
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.12 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Nil
Dematerialisation Charges Not Available Rs.150 per Certificate
Call & Trade Charges Not Available Free

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