Anand Rathi Vs Groww Vs Angel One Comparison

The comparison between Anand Rathi, Groww, and Angel One highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Anand Rathi is known for its user-friendly trading experience and reliability, while Groww stands out for offering competitive brokerage rates and an advanced mobile trading platform. Angel One provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 149,849, 1.2 Cr, and 3.46 crore users respectively, reflecting their popularity among investors. Overall, this comparison of Anand Rathi, Groww, and Angel One helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their offerings. Anand Rathi provides 4 for Overall Rating, while Groww offers 4 and Angel One features 4.5.

Services / FeaturesAnand RathiGrowwAngel One
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE, MCX NSE, BSE
Active Clients 149,849 1.2 Cr 3.46 crore
Broker Overview Anand Rathi Review Groww Review Angel One Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Anand Rathi, Groww, and Angel One reveal significant differences in their offerings. Anand Rathi provides N/A trading and demat account opening, while Groww offers Free and Angel One features Zero.

Account Opening Charges and AMCAnand RathiGrowwAngel One
Trading Account Opening Free Zero
Trading AMC Free ₹500 per year
Demat Account Opening Free Zero
Demat AMC Free ₹500 per year
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their offerings. Anand Rathi provides - plans, while Groww offers No and Angel One features -.

Brokerage PlansAnand RathiGrowwAngel One
Multiple Plans - No -
Monthly Plans - No -
Yearly Plans - No -

Brokerage Charges

This comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their brokerage charges. Anand Rathi charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and Rs 50 per lot for options. Groww charges 20 or 0.1% brokerage on equity delivery and intraday, 20 for futures, and 20 for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options.

Brokerage ChargesAnand RathiGrowwAngel One
Plan Name - Max Rs 20 per order Trading Plan -
Equity Delivery 0.20% 20 or 0.1% ₹20 or 0.1%
Equity Intraday 0.02% 20 or 0.1% ₹20 or 0.03%
Equity Futures 0.02% 20 ₹20
Equity Options Rs 50 per lot 20 ₹20
Currency Futures 0.02% NA ₹20
Currency Options Rs 20 per lot NA ₹20
Commodity Futures 0.02%
Commodity Options Rs 100 per lot
Hidden Charges No Zero No
Call & Trade Charges 50 + GST Rs 16.5 per scrip on Sell ₹20 + GST
Auto Square Off Charges 50 + GST Rs 50 Per Executable Order ₹20 + GST
Brokerage Calculator Groww Brokerage Calculator

Transactions Charges

This comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their transactions. Anand Rathi provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while Groww offers 20 and Angel One features NSE: 0.00297% BSE*: As Per The Stock Group.

Transactions ChargesAnand RathiGrowwAngel One
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 20 NSE: 0.00297% BSE*: As Per The Stock Group
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) 20 NSE: 0.00297% BSE*: As Per The Stock Group
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 20 NSE: 0.00173% BSE: 0
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) 20 NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325%
Currency Futures NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) 20 NSE: 0.00035% BSE: 0.00045%
Currency Options NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) 20 NSE: 0.0311% BSE: 0.001%
Commodity 20 MCX 0.0418% NCDEX Options 0.03%

Account Features

These are the notable distinctions in the account features of Anand Rathi, Groww, and Angel One when compared.

Account FeaturesAnand RathiGrowwAngel One
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:20 PM 3:20 PM Yes
NRI Trading Yes No Yes

Trading Platforms

The trading platforms comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their offerings. Anand Rathi, Groww and Angel One provide web trading platforms and mobile trading platforms.

Trading PlatformsAnand RathiGrowwAngel One
Web Trading Platform Yes Yes Yes
Web Trading Detail Anand Rathi Groww Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Groww Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Groww Yes
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Free Zero

Broker Ratings

The broker ratings comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their offerings. Anand Rathi provides 4.2 for Fees Ratings, while Groww offers 4.0 and Angel One features 4.4.

Broker RatingsAnand RathiGrowwAngel One
Fees Ratings 4.2 4.0 4.4
Trading Brokerage Rating 4.2 4.4 4.4
Trading Platform Usability 4 4.8 4.3
Customer Service Ratings 3.9 3.8 4.4
Overall Ratings 4 4.3 4.4

Investment Offerings

This comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their investment offerings. Anand Rathi provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Groww provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities and Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsAnand RathiGrowwAngel One
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes No Yes
Commodity Yes No Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes No Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No Yes
Other Investment Options Yes No Yes

Customer Support Offered

This comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their customer support offerings. Anand Rathi provides No Customer Service, while Groww offers Yes and Angel One features Yes.

Customer Support OfferedAnand RathiGrowwAngel One
24/7 Customer Service No Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number 1800 420 1004 No
Through Branches Yes Yes
Customer Care Number 0291 666 1001 +91-9108800000 18001020
Account Opening Process Online/Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://groww.in/blog https://www.angelone.in/knowledge-center
Head Office Address

Express Zone A Wing 10th Floor, Western Express Highway, Goregaon East, Mumbai – 400063

Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur, Bengaluru – 560103
Karnataka

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Website https://anandrathi.com/ https://groww.in/ https://www.angelone.in/

Research and Reports

The research and reports comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their offerings.

Research and ReportsAnand RathiGrowwAngel One
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes No Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Anand Rathi, Groww, and Angel One reveals significant differences in their demat account charges. Anand Rathi provides CDSL & NSDL for DP Source, while Groww offers CDSL and Angel One features CDSL.

Demat Account ChargesAnand RathiGrowwAngel One
DP Source CDSL & NSDL CDSL CDSL
DP ID 437-2019 88700/88701/88702 384-2018
Demat Account Annual Maintenance Charges (AMC) Zero ₹2950 Lifetime AMC
Advance Deposit No Nil No
Transaction Charges on Debit (Per ISIN) Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients] ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat Rs 3 per certificate + Rs 35 per request ₹150 per certificate + ₹100 courier charges
Remat Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.01% of value or min Rs 50 per request ₹20 + GST ₹20 + GST
Pledge Creation Confirmation Nil Yes Yes
Pledge Closure 0.01% of value or min Rs 50 per request ₹20 + GST ₹20 + GST
Pledge Closure Confirmation Nil Yes Yes
Pledge Invocation 0.01% of value or min Rs 50 per request ₹20 ₹20 + GST
Failed Instruction Charges Rs 25 per Instruction ₹50 per instruction -
Other Charges Nil -

Advantages and Disadvantages

BrokerProsCons
Anand Rathi
  • Strong Research and Advisory Services
  • Reputation and Trustworthiness
  • Comprehensive Product Portfolio
  • User-Friendly Trading Platforms
  • Offline Support and Network
  • Technology Lags Behind Discount Brokers
  • Not Ideal for Active/Day Traders
  • It can Be Overwhelming for Beginners
  • Relatively Slower Onboarding Process
Groww
  • Free account opening
  • User interface/ease of use
  • Zero or low account opening
  • Zero AMC charges
  • No prepaid plans
  • Zero commission on Mutual Funds
  • Good-Till-Triggered (GTT) orders supported
  • Online IPO application available
  • Wide range of investment options
  • No research tips or recommendations
  • Limited advanced trading tools/analytics
  • Less ideal for high-frequency/day traders
  • Auto Square-Off charged INR 50 per order
  • Monthly unlimited trading plans not available
  • Dependence on technology/connectivity
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders

Frequently Asked Questions

The account opening charges vary significantly: Anand Rathi charges Not specified, Groww charges Free, and Angel One charges Zero. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Anand Rathi offers 0.02% for equity intraday, Groww provides 20 or 0.1%, and Angel One charges ₹20 or 0.03%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Anand Rathi offers 4, Groww provides 4, and Angel One features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Anand Rathi has 4 support, Groww offers 4, and Angel One provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Anand Rathi with 4, Groww with 4.8, and Angel One with 4.3. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Anand Rathi (Yes), Groww (Yes), and Angel One (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Anand Rathi offers user-friendly platforms with educational resources, Groww provides competitive pricing with intuitive interfaces, and Angel One combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Anand Rathi focuses on intuitive design and quick execution, Groww emphasizes advanced charting and analysis tools, while Angel One balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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