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Angel One Vs Groww (Compare Angel One and Groww)

Angel One Limited Logo

About Angel One
Incorporated in 1987, Angel One (Angel One) is one of the largest full-service retail brokers in India offering online discount brokerage services. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel One has a strong neighborhood presence with 110 branches, 11,000 trading terminals, and over 18,000 authorized persons in 1800+ citie... Know more about Angel One Limited

Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Angel One Vs Groww

Incorporated in 1987, Angel One is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Angel One Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 1987 2016
Number of Branches 900 0
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Angel One Vs Groww Charges & AMC

Angel One trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Angel One Demat Account AMC Charges is Rs 240 and Groww Demat Account AMC Charges is Rs 0.

  Angel One Groww
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 240 Rs 0

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Angel One Vs Groww Brokerage

Angel One brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Angel One AngelOne Groww Standard Plan
Fixed Charges NA
Equity Delivery Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order NA
Currency Options Rs 20 per executed order NA
Commodity Futures Rs 20 per executed order NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: Flat Rs 20 delivery, intraday and F&O trade brokerage. Free tips. Open Instant Account and start trading today.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Angel One Charges Vs Groww

Minimum Brokerage Equity Rs 20 Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Additional Rs 20 per executed order NA

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Angel One Vs Groww Transaction Charges

Angel One transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium) while Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Angel One Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) NA
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Angel One Vs Groww Leverage (Margin)

Angel One margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Angel One Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Angel One and Groww Features

The trading platforms offered Angel One include Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). Groww offers Groww trading software.

  Angel One Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) Groww
Intraday Square-off Time 3:15 PM 3:10 PM
Trading In SME Shares Allowed? No No
Referral Program Yes
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
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Angel One Vs Groww Review

Angel One is rated 2.7 of 5 based on 277 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.

  Angel One Groww
  277 Customer Reviews    Rate Angel One 101 Customer Reviews    Rate Groww
Fees 3.0 4.2
Brokerage 3.0 3.8
Trading Platform 3.0 3.9
Customer Service 2.6 3.5
Research Capabilities 2.7 3.2
Overall Ratings Rated 2.7 stars Rated 3.8 stars
Broker Rating Angel One is rated 2.7 of 5 based on 277 customer reviews Groww is rated 3.8 of 5 based on 101 customer reviews

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Contact Broker / Request A Call Back

  Angel One Enquire Groww Enquire
Contact Broker Flat Rs 20 delivery, intraday and F&O trade brokerage. Free tips. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Angel One Vs Groww Investment Options

  Angel One Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits

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Angel One Vs Groww Order Type Offered

  Angel One Groww
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No
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Angel One Vs Groww Research Report

  Angel One Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Angel One Vs Groww Suitable For Investor Type

  Angel One Groww
Casual Investor Yes
Active Investor Yes
Trader Yes

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Angel One Vs Groww - Pros and Cons

  Angel One Groww
Pros
  1. The brokerage of flat Rs 20 per trade across all trading segments.
  2. Easy-to-use online trading platforms
  3. Free research reports and trading tips.
  4. Margin trading facility and securities as collateral are available.
  5. Do not charge for NEFT/fund transfers. (Others charge ~Rs 10 per).
  6. Only charges Rs 20 for intraday square-off and call & trade (others charge Rs 50).
  7. Free advisory/tips for stocks and mutual funds (Others do not).
  8. Local sub-broker/RM services even at a discount brokerage.
  9. Facility to call RM if there are issues (Other popular brokers always have busy lines).
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Angel broking doesn't offer trading in SME share.
  3. Angel RM and sales team tries to cross sale other products and services.
  4. GTC/GTT order facility not available.
  5. Doesn't offer 3-in-1 account.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay flat Rs 20 brokerage for equity delivery, Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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2 Comments

2. Anonymous   I Like It. |Report Abuse|  Link|July 6, 2023 11:39:26 AMReply
Don't just look at the features that Groww is missing in comparison to Others. It has actually started a few of them and seems at discount for delivery charges.
1. Vinay Revankar   I Like It. |Report Abuse|  Link|December 1, 2021 3:11:55 PMReply
I am a US NRI, looking for opening a new Demat account to invest in India. I don't see an option to contact Zerodha, Angel Broking, and Upstox. The contact number mentioned on their website is not useful. Also, the phone number, which is mandatory in their enquire form neither accepts the country code nor the US phone number. I have a few questions to be clarified before opening a Demat account with them. Can you suggest the best way to reach these stockbrokers and the best stockbroker you recommend opening an account with?

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