Groww Vs Zerodha Vs Angel One Comparison

The comparison between Groww, Zerodha, 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 Zerodha 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, 796 lakhs, and 3.46 crore users respectively, reflecting their popularity among investors. Overall, this comparison of Groww, Zerodha, 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, Zerodha, and Angel One reveals significant differences in their offerings. Groww provides 4 for Overall Rating, while Zerodha offers 4 and Angel One features 4.5.

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

Account Opening Charges and AMC

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

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

Brokerage Plans

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

Brokerage PlansGrowwZerodhaAngel One
Multiple Plans No No -
Monthly Plans No No -
Yearly Plans No No -

Brokerage Charges

This comparison between Groww, Zerodha, 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. Zerodha charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% 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 ChargesGrowwZerodhaAngel One
Plan Name Max Rs 20 per order Trading Plan -
Equity Delivery 20 or 0.1% Zero ₹20 or 0.1%
Equity Intraday 20 or 0.1% ₹20 or 0.03% ₹20 or 0.03%
Equity Futures 20 ₹20 or 0.03% ₹20
Equity Options 20 ₹20 ₹20
Currency Futures NA ₹20 or 0.03% ₹20
Currency Options NA ₹20 ₹20
Commodity Futures
Commodity Options
Hidden Charges Zero No No
Call & Trade Charges Rs 16.5 per scrip on Sell ₹50 per order ₹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, Zerodha, and Angel One reveals significant differences in their transactions. Groww provides 20 for Transaction Charges Equity Delivery, while Zerodha offers NSE: 0.00297% BSE: 0.00375% and Angel One features NSE: 0.00297% BSE*: As Per The Stock Group.

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

Account Features

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

Account FeaturesGrowwZerodhaAngel 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, Zerodha, and Angel One reveals significant differences in their offerings. Groww, Zerodha and Angel One provide web trading platforms and mobile trading platforms.

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

Broker Ratings

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

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

Investment Offerings

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

Customer SupportGrowwZerodhaAngel One
24/7 Customer Service Yes No Yes
Email Support Yes Yes Yes
Online Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No
Through Branches Yes Yes
Customer Care Number +91-9108800000 080 4718 1888 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://zerodha.com/z-connect/ https://www.angelone.in/knowledge-center
Head Office Address

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

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

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

Research and Reports

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

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

Demat Account ChargesGrowwZerodhaAngel One
DP Source CDSL CDSL CDSL
DP ID 88700/88701/88702 431-2019 384-2018
Demat Account Annual Maintenance Charges (AMC) Zero ₹300 ₹2950 Lifetime AMC
Advance Deposit Nil No 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 ₹30 + GST ₹20 + GST
Pledge Creation Confirmation Yes Yes Yes
Pledge Closure ₹20 + GST ₹30 + GST ₹20 + GST
Pledge Closure Confirmation Yes Yes Yes
Pledge Invocation ₹20 ₹30 + GST ₹20 + GST
Failed Instruction Charges ₹50 per instruction ₹450 -
Other Charges Nil Zero -

Advantages and Disadvantages

BrokerProsCons
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
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

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.

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.

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, Zerodha 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, Zerodha provides ₹20 or 0.03%, 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, Zerodha provides 5, 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, Zerodha 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, Zerodha 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: Groww (Yes), Zerodha (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, Zerodha 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, Zerodha 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

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