Here is a detailed comparison of ICICI Direct vs Groww. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between ICICI Direct & Groww will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
Overview- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare Stock Brokers
This ICICI Direct & Groww comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Groww & ICICI Direct
Overview of ICICI Direct & Groww |
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| Overview | ICICI Direct | Groww |
| Company Type | Public | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Mumbai, India | Bangalore, India |
| Founder | Vjay Chandok | Lalit Keshre |
| Established Year | 1994 | 2016 |
ICICI Direct vs Groww Customer Ratings Comparison |
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| Customer Ratings | ICICI Direct | Groww |
| Experience | 8.8 / 10 | 6.1/10 |
| Products & Services | 8.4 / 10 | 9.3/10 |
| Brokerage Charges & Fees | 8.5 / 10 | 9.1/10 |
| Stock Research & Advisory | 7.9 / 10 | 9.2/10 |
| Trading Platforms | 8.6 / 10 | 7.0/10 |
| Overall Ratings | 8.44 / 10 | 8.5/10 |
| Star Ratings | ★★★★☆ | ★★★★☆ |
| Total Client Reviews | 4026 | 1167 |
ICICI Direct vs Groww Demat Account Comparison |
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| Demat Services | ICICI Direct | Groww |
| Depository Source | NSDL & CDSL | CDSL |
| Account Opening Charges | Zero | Zero |
| Demat AMC Charges | Rs 300 (from 2nd year) | Rs 0 |
| Trading AMC Charges | Rs 0 (Free) | Rs 0 |
| Margin Money | 75% Margin | 75% Margin |
| Offline to Online | S | R |
Groww vs ICICI Direct Brokerage Charges Comparison |
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| Brokerage Charge & Fees | ICICI Direct | Groww |
| Equity Delivery Trading | 0.55% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday Trading | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options Trading | Rs 20 per order | NA |
| Equity Futures Trading | Rs 0 (Free) | NA |
| Equity Options Trading | Rs 20 per order | NA |
| Currency Futures Trading | Rs 20 per order | NA |
| Currency Options Trading | Rs 20 per order | NA |
| Minimum Brokerage | Rs.20 per Trade | Zero |
| Demat AMC Charges | Rs.300 per Annum from 2nd year | Rs.0 per Annum |
| Trading AMC Charges | Zero | Free |
| Margin Money | 75% Margin | 75% Margin |
| Brokerage Calculator | ICICI Direct Brokerage Calculator | Groww Brokerage Calculator |
Groww & ICICI Direct Other Charges Comparison |
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| Other Charges | ICICI Direct | Groww |
| Transaction Charges | 0.00280% of Total Turnover | 0.00225% of Total Turnover |
| STT | Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
Equity Delivery: 0.1% on both Buy and Sell Equity Intraday: 0.025% on the Sell Side Equity Futures: 0.01% on Sell Side Equity Options: 0.05% on Sell Side(on Premium) Commodity Futures: 0.01% on sell side (Non-Agri) Commodity Options: 0.05% on sell side Currency F&O: No STT On Exercise transaction: 0.125% Right to entitlement: 0.05% on sell side |
| SEBI Turnover Charges | 0.00005% (Rs. 5/Crore) | 0.00005% (₹5/Crore) |
| Stamp Duty | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) | (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Compare Groww & ICICI Direct Offers |
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| Offers | ICICI Direct | Groww |
| Free Demat Account | R | R |
| Free Trading Account | S | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | R | S |
| Flexible Brokerage Plans | R | S |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | S |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | R | S |
Compare Services of ICICI Direct vs Groww |
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| Services | ICICI Direct | Groww |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | R | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | S |
| Robo Advisory | R | S |
| PMS | R | S |
| Trading Institution | R | S |
| Trading Exposure | Upto 5x | Upto 5x |
Compare Groww & ICICI Direct Research & Advisory |
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| Research & Advisory | ICICI Direct | Groww |
| Fundamental Reports | R | S |
| Research Reports | R | S |
| Company Reports | R | S |
| Annual Reports | R | S |
| Company Stock Review | R | S |
| Free Stock Tips | S | S |
| IPO Reports | R | S |
| Top Picks | S | S |
| Daily Market Review | R | S |
| Monthly Reports | R | S |
| Weekly Reports | R | S |
| Offline Advisory | R | S |
| Relationship Manager | R | S |
ICICI Direct vs Groww Exposure/Leverage |
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| Exposure / Leverage | ICICI Direct | Groww |
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x | Upto 5x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
| Currency Futures | 1x | 1x |
| Currency Options | 1x | 1x |
| Commodities | 1x | 1x |
| Margin Calculator | ICICI Direct Margin Calculator | Groww Margin Calculator |
ICICI Direct vs Groww Product Comparison |
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| Products | ICICI Direct | Groww |
| Equity Trading | R | R |
| Commodity Trading | S | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | S |
| Banking | R | S |
| SIP | R | S |
| Insurance | R | S |
ICICI Direct vs Groww Trading Platform Comparison |
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| Trading Platforms | ICICI Direct | Groww |
| Desktop Platform – Windows | R | S |
| Desktop Platform – Mac | R | S |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | R | R |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | R | R |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | R |
| Personalized Advisory | R | R |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | R |
| Email Alerts | R | R |
| Multi Account Management | R | S |
ICICI Direct vs Groww Customer Support |
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| Customer Support | ICICI Direct | Groww |
| Dedicated Dealer | R | S |
| Offline Trading | S | S |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | S | R |
| Toll Free Number | S | S |
| Branches | 226 | Zero |
ICICI Direct vs Groww Customer Complaints |
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| Complaints (Current Year) | ICICI Direct | Groww |
| Lodged in BSE | 225 | 10 |
| Resolved in BSE | 215 | 8 |
| Lodged in NSE | 196 | 21 |
| Resolved in NSE | 182 | 18 |
Compare ICICI Direct with other Brokers & Groww with other Brokers
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