The comparison between Groww, Mirae Asset Sharekhan, 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. Groww is known for its user-friendly trading experience and reliability, while Mirae Asset Sharekhan 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 1.2 Cr, 31 lakh, and 3.46 crore users respectively, reflecting their popularity among investors. Overall, this comparison of Groww, Mirae Asset Sharekhan, 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 Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their offerings. Groww provides 4 for Overall Rating, while Mirae Asset Sharekhan offers 4 and Angel One features 4.5.
| Services / Features | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Discount Broker | Full Service Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE, MCX | NSE, BSE |
| Active Clients | 1.2 Cr | 31 lakh | 3.46 crore |
| Broker Overview | Groww Review | Mirae Asset Sharekhan Review | Angel One Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Groww, Mirae Asset Sharekhan, and Angel One reveal significant differences in their offerings. Groww provides Free trading and demat account opening, while Mirae Asset Sharekhan offers N/A and Angel One features Zero.
| Account Opening Charges and AMC | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Trading Account Opening | Free | — | Zero |
| Trading AMC | Free | — | ₹500 per year |
| Demat Account Opening | Free | — | Zero |
| Demat AMC | Free | ₹400 | ₹500 per year |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their offerings. Groww provides No plans, while Mirae Asset Sharekhan offers - and Angel One features -.
| Brokerage Plans | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Multiple Plans | No | - | - |
| Monthly Plans | No | - | - |
| Yearly Plans | No | - | - |
Brokerage Charges
This comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their brokerage charges. Groww charges 20 or 0.1% brokerage on equity delivery and intraday, 20 for futures, and 20 for options. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options.
| Brokerage Charges | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Plan Name | Max Rs 20 per order Trading Plan | - | - |
| Equity Delivery | 20 or 0.1% | 0.30% on trade price or minimum 1 paisa per share | ₹20 or 0.1% |
| Equity Intraday | 20 or 0.1% | 0.02% on trade price or minimum 1 paisa per share | ₹20 or 0.03% |
| Equity Futures | 20 | 0.02% per transaction value (each side) | ₹20 |
| Equity Options | 20 | ₹39 per lot (each side) | ₹20 |
| Currency Futures | NA | 0.02% per transaction value (each side) | ₹20 |
| Currency Options | NA | ₹5 per lot (each side) | ₹20 |
| Commodity Futures | 0.10% (one side) | ||
| Commodity Options | 1% on premium or ₹150, whichever is higher | ||
| Hidden Charges | Zero | No | No |
| Call & Trade Charges | Rs 16.5 per scrip on Sell | NA | ₹20 + GST |
| Auto Square Off Charges | Rs 50 Per Executable Order | ₹50 per order | ₹20 + GST |
| Brokerage Calculator | Groww Brokerage Calculator |
Transactions Charges
This comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their transactions. Groww provides 20 for Transaction Charges Equity Delivery, while Mirae Asset Sharekhan offers NSE: 0.00297% | 0.00375% and Angel One features NSE: 0.00297% BSE*: As Per The Stock Group.
| Transactions Charges | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Equity Delivery | 20 | NSE: 0.00297% | 0.00375% | NSE: 0.00297% BSE*: As Per The Stock Group |
| Equity Intraday | 20 | NSE: 0.00297% | 0.00375% | NSE: 0.00297% BSE*: As Per The Stock Group |
| Equity Futures | 20 | NSE: 0.00173% | NSE: 0.00173% BSE: 0 |
| Equity Options | 20 | NSE: 0.03503% on Premium | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% |
| Currency Futures | 20 | NSE: 0.00035% | NSE: 0.00035% BSE: 0.00045% |
| Currency Options | 20 | NSE: 0.0311% | NSE: 0.0311% BSE: 0.001% |
| Commodity | 20 | 0.0418% | MCX 0.0418% NCDEX Options 0.03% |
Account Features
These are the notable distinctions in the account features of Groww, Mirae Asset Sharekhan, and Angel One when compared.
| Account Features | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| 3-in-1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | No | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | No | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | 3:20 PM | Yes |
| NRI Trading | No | Yes | Yes |
Trading Platforms
The trading platforms comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their offerings. Groww, Mirae Asset Sharekhan and Angel One provide web trading platforms and mobile trading platforms.
| Trading Platforms | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Groww | Sharekhan | Yes |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Groww | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | Groww | Sharekhan IOS App | Yes |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Free | Nil | Zero |
Broker Ratings
The broker ratings comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their offerings. Groww provides 4.0 for Fees Ratings, while Mirae Asset Sharekhan offers 4.3 and Angel One features 4.4.
| Broker Ratings | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Fees Ratings | 4.0 | 4.3 | 4.4 |
| Trading Brokerage Rating | 4.4 | 4.3 | 4.4 |
| Trading Platform Usability | 4.8 | 4,3 | 4.3 |
| Customer Service Ratings | 3.8 | 4.2 | 4.4 |
| Overall Ratings | 4.3 | 4.3 | 4.4 |
Investment Offerings
This comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their investment offerings. Groww provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities, while Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | No | Yes | Yes |
| Commodity | No | Yes | 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 | No | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | No | Yes | Yes |
| Other Investment Options | No | Yes | Yes |
Customer Support
The comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their Customer Support. Groww provides Yes, while Mirae Asset Sharekhan offers Yes and Angel One features Yes.
| Customer Support | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| 24/7 Customer Service | Yes | Yes | Yes |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | No | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | - | — |
| Through Branches | Yes | Yes | — |
| Customer Care Number | +91-9108800000 | 02241683500 | 18001020 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | https://groww.in/blog | https://www.sharekhan.com/learn-and-grow | https://www.angelone.in/knowledge-center |
| Head Office Address | Vaishnavi Tech Park, South Tower, 3rd Floor | Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070, Maharashtra, India. | 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai – 400093 |
| Website | https://groww.in/ | https://www.sharekhan.com/ | https://www.angelone.in/ |
Research and Reports
The research and reports comparison between Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their offerings.
| Research and Reports | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | No | Yes | 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 Groww, Mirae Asset Sharekhan, and Angel One reveals significant differences in their demat account charges. Groww provides CDSL for DP Source, while Mirae Asset Sharekhan offers NSDL & CDSL and Angel One features CDSL.
| Demat Account Charges | Groww | Mirae Asset Sharekhan | Angel One |
|---|---|---|---|
| DP Source | CDSL | NSDL & CDSL | CDSL |
| DP ID | 88700/88701/88702 | NSDL - 300513 | CDSL - 12036000 | 384-2018 |
| Demat Account Annual Maintenance Charges (AMC) | Zero | ₹ 400 | ₹2950 Lifetime AMC |
| Advance Deposit | Nil | No | No |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 (CDSL Charges) per transaction | - | — |
| Demat | ₹150 per certificate + ₹100 courier charges | ₹ 5 per share certificate (minimum ₹ 50 per request) | — |
| Remat | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹ 50 per certificate or ₹ 50 for every hundred securities | — |
| Pledge Creation | ₹20 + GST | ₹ 20 per transaction | ₹20 + GST |
| Pledge Creation Confirmation | Yes | NA | Yes |
| Pledge Closure | ₹20 + GST | ₹ 20 per transaction | ₹20 + GST |
| Pledge Closure Confirmation | Yes | NA | Yes |
| Pledge Invocation | ₹20 | ₹ 20 per transaction | ₹20 + GST |
| Failed Instruction Charges | ₹50 per instruction | - | - |
| Other Charges | Nil | - | - |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Groww |
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| Mirae Asset Sharekhan |
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| Angel One |
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User Experience: Buying Stocks
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.
Mirae Asset Sharekhan – 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 0.02% on trade price or minimum 1 paisa per share, 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 4.2/5.
Market Presence: Around 31 lakh active clients use this broker.
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.
Frequently Asked Questions
The account opening charges vary significantly: Groww charges Free, Mirae Asset Sharekhan charges Not specified, 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: Groww offers 20 or 0.1% for equity intraday, Mirae Asset Sharekhan provides 0.02% on trade price or minimum 1 paisa per share, 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: Groww offers 4, Mirae Asset Sharekhan 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: Groww has 4 support, Mirae Asset Sharekhan 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: Groww with 4.8, Mirae Asset Sharekhan with 4,3, 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: Groww (Yes), Mirae Asset Sharekhan (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: Groww offers user-friendly platforms with educational resources, Mirae Asset Sharekhan 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: Groww focuses on intuitive design and quick execution, Mirae Asset Sharekhan 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.
Stock Broker Review
Groww
Mirae Asset Sharekhan
