Angel One Vs Shoonya Vs Groww Comparison

The comparison between Angel One, Shoonya by Finvasia, and Groww 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 Shoonya stands out for offering competitive brokerage rates and an advanced mobile trading platform. Groww provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 3.46 crore, 152,384, and 1.2 Cr users respectively, reflecting their popularity among investors. Overall, this comparison of Angel One, Shoonya by Finvasia, and Groww 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, Shoonya by Finvasia, and Groww reveals significant differences in their offerings. Angel One provides 4.5 for Overall Rating, while Shoonya by Finvasia offers 4 and Groww features 4.

Services / FeaturesAngel OneShoonya by FinvasiaGroww
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 152,384 1.2 Cr
Broker Overview Angel One Review Shoonya Review Groww Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Angel One, Shoonya by Finvasia, and Groww reveal significant differences in their offerings. Angel One provides Zero trading and demat account opening, while Shoonya by Finvasia offers Free and Groww features Free.

Account Opening Charges and AMCAngel OneShoonya by FinvasiaGroww
Trading Account Opening Zero Free Free
Trading AMC ₹500 per year Zero Free
Demat Account Opening Zero Zero Free
Demat AMC ₹500 per year Zero Free
Provide DP Service Yes Yes Yes

Brokerage Plans

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

Brokerage PlansAngel OneShoonya by FinvasiaGroww
Multiple Plans - No No
Monthly Plans - No No
Yearly Plans - No No

Brokerage Charges

This comparison between Angel One, Shoonya by Finvasia, and Groww 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. Shoonya by Finvasia charges Zero brokerage on equity delivery and intraday, ₹5 for futures, and ₹5 for options. Groww charges 20 or 0.1% brokerage on equity delivery and intraday, 20 for futures, and 20 for options.

Brokerage ChargesAngel OneShoonya by FinvasiaGroww
Plan Name - Max Rs 20 per order Trading Plan
Equity Delivery ₹20 or 0.1% Zero 20 or 0.1%
Equity Intraday ₹20 or 0.03% ₹5 20 or 0.1%
Equity Futures ₹20 ₹5 20
Equity Options ₹20 ₹5 20
Currency Futures ₹20 ₹5 NA
Currency Options ₹20 ₹5 NA
Commodity Futures ₹5
Commodity Options ₹5
Hidden Charges No Zero Zero
Call & Trade Charges ₹20 + GST Zero Rs 16.5 per scrip on Sell
Auto Square Off Charges ₹20 + GST Zero Rs 50 Per Executable Order
Brokerage Calculator Shoonya by Finvasia Brokerage Calculator Groww Brokerage Calculator

Transactions Charges

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

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

Account Features

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

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

Trading Platforms

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

Trading PlatformsAngel OneShoonya by FinvasiaGroww
Web Trading Platform Yes Yes Yes
Web Trading Detail Yes Shoonya Groww
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Groww
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Yes Download Groww
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Zero Nil Free

Broker Ratings

The broker ratings comparison between Angel One, Shoonya by Finvasia, and Groww reveals significant differences in their offerings. Angel One provides 4.4 for Fees Ratings, while Shoonya by Finvasia offers 4.8 and Groww features 4.0.

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

Investment Offerings

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

Investment OfferingsAngel OneShoonya by FinvasiaGroww
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes No
Commodity Yes Yes No
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 No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No No
Other Investment Options Yes Yes No

Customer Support

The comparison between Angel One, Shoonya by Finvasia, and Groww reveals significant differences in their Customer Support. Angel One provides Yes, while Shoonya by Finvasia offers Yes and Groww features Yes.

Customer SupportAngel OneShoonya by FinvasiaGroww
24/7 Customer Service Yes Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number No No
Through Branches Yes Yes
Customer Care Number 18001020 +91 97799 02002 +91-9108800000
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://blog.shoonya.com/ https://groww.in/blog
Head Office Address

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Plot No D-179, Finvasia Centre,
Phase 8b Industrial-Area, G.F. Sector 74,
SAS Nagar Mohali, 160055, Punjab

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

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

Research and Reports

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

Research and ReportsAngel OneShoonya by FinvasiaGroww
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes No
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, Shoonya by Finvasia, and Groww reveals significant differences in their demat account charges. Angel One provides CDSL for DP Source, while Shoonya by Finvasia offers CDSL and Groww features CDSL.

Demat Account ChargesAngel OneShoonya by FinvasiaGroww
DP Source CDSL CDSL CDSL
DP ID 384-2018 12084300 88700/88701/88702
Demat Account Annual Maintenance Charges (AMC) ₹2950 Lifetime AMC Zero Zero
Advance Deposit No Zero Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹9 + GST ₹150 per certificate + ₹100 courier charges
Remat ₹9 + GST ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹20 + GST Rs 20 per instruction ₹20 + GST
Pledge Creation Confirmation Yes Yes Yes
Pledge Closure ₹20 + GST Rs 20 per instruction ₹20 + GST
Pledge Closure Confirmation Yes Yes Yes
Pledge Invocation ₹20 + GST Rs 20 per instruction ₹20
Failed Instruction Charges - ₹49 per instruction ₹50 per instruction
Other Charges - Nil

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
Shoonya by Finvasia
  • Zero Brokerage Model
  • Multi-Asset Trading
  • No Account Opening or AMC Charges
  • Advanced Charting & Tools
  • Direct Mutual Funds Access
  • Share Pledge & Margin Benefits
  • Cross-Platform Availability
  • Platform Stability Issues
  • Limited Offline Support
  • Learning Curve for Beginners
  • No Call & Trade Facility
  • Hidden Statutory Charges
  • Customer Support Response Time
  • Limited Research Reports
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

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.

Shoonya by Finvasia – 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 ₹5, 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 152,384 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.

Frequently Asked Questions

The account opening charges vary significantly: Angel One charges Zero, Shoonya by Finvasia charges Free, and Groww charges Free. 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, Shoonya by Finvasia provides ₹5, and Groww charges 20 or 0.1%. 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, Shoonya by Finvasia provides 4, and Groww features 4. 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, Shoonya by Finvasia offers 4, and Groww 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, Shoonya by Finvasia with 4.6, and Groww 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), Shoonya by Finvasia (Yes), and Groww (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, Shoonya by Finvasia provides competitive pricing with intuitive interfaces, and Groww 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, Shoonya by Finvasia emphasizes advanced charting and analysis tools, while Groww 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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