Angel One Vs Groww Vs Zerodha Comparison

The comparison between Angel One, Groww, and Zerodha highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Angel One 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. Zerodha provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 3.46 crore, 1.2 Cr, and 796 lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Angel One, Groww, and Zerodha helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

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

Services / FeaturesAngel OneGrowwZerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX NSE, BSE, MCX
Active Clients 3.46 crore 1.2 Cr 796 lakhs
Broker Overview Angel One Review Groww Review Zerodha

Account Opening Charges and AMC

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

Account Opening Charges and AMCAngel OneGrowwZerodha
Trading Account Opening Zero Free
Trading AMC ₹500 per year Free ₹300
Demat Account Opening Zero Free
Demat AMC ₹500 per year Free ₹300
Provide DP Service Yes Yes Yes

Brokerage Plans

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

Brokerage PlansAngel OneGrowwZerodha
Multiple Plans - No No
Monthly Plans - No No
Yearly Plans - No No

Brokerage Charges

This comparison between Angel One, Groww, and Zerodha reveals significant differences in their brokerage charges. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. Groww charges 20 or 0.1% brokerage on equity delivery and intraday, 20 for futures, and 20 for options. Zerodha charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% for futures, and ₹20 for options.

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

Transactions Charges

This comparison between Angel One, Groww, and Zerodha reveals significant differences in their transactions. Angel One provides NSE: 0.00297% BSE*: As Per The Stock Group for Transaction Charges Equity Delivery, while Groww offers 20 and Zerodha features NSE: 0.00297% BSE: 0.00375%.

Transactions ChargesAngel OneGrowwZerodha
Equity Delivery NSE: 0.00297% BSE*: As Per The Stock Group 20 NSE: 0.00297% BSE: 0.00375%
Equity Intraday NSE: 0.00297% BSE*: As Per The Stock Group 20 NSE: 0.00297% BSE: 0.00375%
Equity Futures NSE: 0.00173% BSE: 0 20 NSE: 0.00173%
Equity Options NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% 20 NSE: 0.03503% BSE: 0.0325%
Currency Futures NSE: 0.00035% BSE: 0.00045% 20 NSE: 0.00035% BSE: 0.00045%
Currency Options NSE: 0.0311% BSE: 0.001% 20 NSE: 0.0311% BSE: 0.001%
Commodity MCX 0.0418% NCDEX Options 0.03% 20 MCX: 0.0418% NSE: 0.001%

Account Features

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

Account FeaturesAngel OneGrowwZerodha
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 Yes 3:20 PM 3:20 PM
NRI Trading Yes No Yes

Trading Platforms

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

Trading PlatformsAngel OneGrowwZerodha
Web Trading Platform Yes Yes Yes
Web Trading Detail Yes Groww Zerodha
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 Yes Groww Download
Android Tablet App Yes Yes yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Zero Free Zero

Broker Ratings

The broker ratings comparison between Angel One, Groww, and Zerodha reveals significant differences in their offerings. Angel One provides 4.4 for Fees Ratings, while Groww offers 4.0 and Zerodha features 4.5.

Broker RatingsAngel OneGrowwZerodha
Fees Ratings 4.4 4.0 4.5
Trading Brokerage Rating 4.4 4.4 4.5
Trading Platform Usability 4.3 4.8 4.8
Customer Service Ratings 4.4 3.8 4.4
Overall Ratings 4.4 4.3 4.6

Investment Offerings

This comparison between Angel One, Groww, and Zerodha reveals significant differences in their investment offerings. Angel One 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 Zerodha provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment OfferingsAngel OneGrowwZerodha
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

The comparison between Angel One, Groww, and Zerodha reveals significant differences in their Customer Support. Angel One provides Yes, while Groww offers Yes and Zerodha features No.

Customer SupportAngel OneGrowwZerodha
24/7 Customer Service Yes Yes No
Email Support Yes Yes Yes
Online Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number No No
Through Branches Yes Yes
Customer Care Number 18001020 +91-9108800000 080 4718 1888
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.angelone.in/knowledge-center https://groww.in/blog https://zerodha.com/z-connect/
Head Office Address

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

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

Zerodha, #153/154,
4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru – 560078

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

Research and Reports

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

Research and ReportsAngel OneGrowwZerodha
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 Angel One, Groww, and Zerodha reveals significant differences in their demat account charges. Angel One provides CDSL for DP Source, while Groww offers CDSL and Zerodha features CDSL.

Demat Account ChargesAngel OneGrowwZerodha
DP Source CDSL CDSL CDSL
DP ID 384-2018 88700/88701/88702 431-2019
Demat Account Annual Maintenance Charges (AMC) ₹2950 Lifetime AMC Zero ₹300
Advance Deposit No Nil No
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹40 per executed order
Demat ₹150 per certificate + ₹100 courier charges ₹15.34 per scrip
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹15.34 per scrip
Pledge Creation ₹20 + GST ₹20 + GST ₹30 + GST
Pledge Creation Confirmation Yes Yes Yes
Pledge Closure ₹20 + GST ₹20 + GST ₹30 + GST
Pledge Closure Confirmation Yes Yes Yes
Pledge Invocation ₹20 + GST ₹20 ₹30 + GST
Failed Instruction Charges - ₹50 per instruction ₹450
Other Charges - Nil Zero

Advantages and Disadvantages

BrokerProsCons
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
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
Zerodha
  • Low brokerage fees
  • User-friendly platforms
  • Free Demat and trading account opening
  • Free mutual fund investments
  • Reliable and trustworthy
  • Educational resources
  • Annual maintenance fee
  • Limited research and analysis tools
  • No two-factor login
  • No physical branches
  • No stock tips

User Experience: Buying Stocks

Angel One – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.4/5.

Market Presence: Around 3.46 crore active clients use this broker.

Groww – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5.

Brokerage Transparency: Intraday brokerage is 20 or 0.1%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Supports online IPO applications.

Customer Support: Customer service rating is 3.8/5.

Market Presence: Around 1.2 Cr active clients use this broker.

Zerodha – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.4/5.

Market Presence: Around 796 lakhs active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: Angel One charges Zero, Groww charges Free, and Zerodha charges Not specified. 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: Angel One offers ₹20 or 0.03% for equity intraday, Groww provides 20 or 0.1%, and Zerodha 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: Angel One offers 4, Groww provides 4, and Zerodha features 5. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Angel One has 4 support, Groww offers 4, and Zerodha 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: Angel One with 4.3, Groww with 4.8, and Zerodha with 4.8. 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: Angel One (Yes), Groww (Yes), and Zerodha (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: Angel One offers user-friendly platforms with educational resources, Groww provides competitive pricing with intuitive interfaces, and Zerodha 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: Angel One focuses on intuitive design and quick execution, Groww emphasizes advanced charting and analysis tools, while Zerodha balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

Stock Broker Review

Save your Brokerage Now! Open Free Demat Account
Scroll to Top