Which App do you use ?
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Zerodha or Groww?

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Deal Cadet
garg

Hi, I researched on these and wanted to know what my fellow dimers think of these two, pros and cons, from their experiences.

I want to invest more in MF Direct plans, and maybe some stocks, F&O, etc. nothing too high, only a beginner. Safety is also a big concern, as I plan to do long term investment, and/or SIP in MFs.

Is there some other equally good option too?

Your opinions are valuable to me, thanks.

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Comrade Comrade
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U can try.... Dhan... Was using groww..... Now using dhan from last 6 months.... Quite happy with the experience..... I have used groww, indmoney, groww, upstock and angelone..., share.market by phonepe

.. Finally settled on dhan.... 

Benevolent Benevolent
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Use Zerodha for simplicity (cons: has fees 300 AMC + otp on each sell order/day)

use dhan for lowest charges (cons: very new + some feature might not be present + not so user friendly)

use Groww for user friendly (cons: little charges on stocks)

I am using all 3, and personally i like Groww more

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Deal Cadet Deal Cadet
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If you are not into trading and just want to use MF and invest on stocks. I would definitely prefer Groww as they don't have any annual maintainance fee and also their interface is very simple. So, you don't need to pay any unnecessary annual fee for any extra facilities which you will never use.

If you want to trade on intraday or swing trading but with small capital, then Groww is good because of its simple UI. But they will charge brokerage fee on both intraday and delivery stocks. And also their charts are not so good for technical analysis. It will be better to analyse on other platforms.

If you want to trade on intraday with high amount, then Zerodha is best. 

If you trade on swing trading with high amount, you can choose anything between Upstox and Zerodha. Because both of these will not charge any brokerage fee for Delivery stocks.

Deal Newbie Deal Newbie
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Angel One

Blogger Blogger
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Use DDPI on zerodha

Then you no longer need otp for sell transaction.

Deal Cadet Deal Cadet
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am using kotak neo. first opened ac in Kotak securities and then changed to kotak neo. They charges 499 for 1 year (youth ac) and charges is like 0.1% of trade amount ( these govt charges ).


Deal Newbie Deal Newbie
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Cheapest d best is finvasia no charges at all

Looking for features rich app than zerodha and dhan good

Deal Newbie Deal Newbie
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For mf does groww purchase in demat form like zerodha?

Deal Newbie Deal Newbie
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For beginners Groww .... account opening charges nil plus zero annual charges.

For mf & long term investment in share groww can be really good.

Once you gain some insight & experience, you can try Zerodha

For intra day trading & F&O Zerodha is a great choice.

So open account in groww, learn everything about buy & sell delivery, intraday trading etc & if you Excel better you can shift to Zerodha any day,

Deal Newbie Deal Newbie
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Seriously, are you guys worried about amc of 200 or 300 rs? My thoughts, don't get into stock market(even mf), if you are so conservative, you will get bp on the way the stocks move. 

You need a ethical n well established broker ,which zerodha has good compliance. Occasional glitches , but they are scaling, I'm confident they will do it.

Deal Newbie Deal Newbie
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Grow any day

Deal Newbie Deal Newbie
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Zerodha.

I hav both zerodha and Groww. 

I prefer zerodha because i have many transactions and groww doesnt have a good report generating system (PL report, tax report etc).

been using zerodha from 2016.

Deal Cadet Deal Cadet
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i using mstock zero brokerage and dhan

Deal Brigadier Deal Brigadier
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anybody receiving 10% zerodha referral earning?

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