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Angel Broking Vs Groww: Which one is better?

The brokerage of Angel Broking Max Rs 20 per trade while the brokerage of Groww ranges between Rs 20. Angel Broking is a Full Service Broker where Groww is a Discount Broker. Angel Broking is having overall higher rating compare to Groww. Angel Broking is rated 4.5 out of 5 where Groww is rated only 3 out of 5.

Here we present side-by-side comparison of Angel Broking vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Angel Broking vs Groww's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Angel Broking vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Angel Broking vs Groww's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Angel Broking vs Groww on Service

  Angel Broking Compare
Angel Broking
Groww Compare
Groww
Overall Rating Rated 4.5 stars Rated 3 stars
Brokerage Charges Rated 4.5 stars Rated 4 stars
Trading Platform Rated 4.5 stars Rated 3 stars
Investments Offering Rated 5 stars Rated 3 stars
Customer Service Rated 4 stars Rated 3 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX,NCDEX NSE, BSE
Active Clients 26,65,193 23,47,542
Broker Overview Angel Broking, a leading full-service broker offering online trading in various financial products, personalized robo advisory, and investment strategies on the advanced technology platform. Groww app is the best direct mutual fund investment platform at nil brokerage and trade at the maximum chargeable brokerage of Rs. 20 per executed order in stocks and derivatives segment.
Broker Enquiry Request call back from Angel Broking Request call back from Groww
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Account Opening Charges and AMC

Compare Angel Broking vs Groww on Trading & Demat Account Opening Charges

Comparison of Angel Broking with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Groww offer Free account opening where Angel Broking charges Rs. 600 for account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Angel Broking charges Rs 240 per annum (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Angel Broking with Groww
Charges Angel Broking Groww
Trading Account Opening Fees Rs. 600 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 per annum (Waived for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Angel Broking vs Groww on Plan Options

Plans are the most important feature you look when compare Angel Broking with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Angel Broking with Groww on Plan Options
Plan Types Angel Broking Groww
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Angel Broking Groww
Account Opening Request
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Brokerage Charges

Compare Angel Broking vs Groww on Brokerage Charges

Angel Broking Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency and Commodity Trading.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Angel Broking with Groww
Brokerage Charges Compare Angel Broking Groww
Plan Name Angel iTrade Prime Plan Flat Brokerage Plan
Equity Delivery Free Free
Equity Intraday Flat Fee Rs 20 Rs. 20 or 0.05% whichever is lower
Equity Futures Flat Fee Rs 20 Not Available
Equity Options Flat Fee Rs 20 Not Available
Currency Futures Flat Fee Rs 20 Not Available
Currency Options Flat Fee Rs 20 Not Available
Commodity Trading Flat Fee Rs 20 Not Available
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Info Not Available Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Angel Broking Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Angel Broking vs Groww on Transaction Charges

Compare Angel Broking with Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel Broking with Groww
Transaction Charges Compare Angel Broking Groww
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr NA
Equity Options Rs 5000 Per Cr NA
Currency Futures Rs 110 Per Cr NA
Currency Options Rs 4000 Per Cr NA
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for angel-broking Complete Brokerage Plans for groww
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Account Features

Compare Angel Broking vs Groww on Account Features

Compare Angel Broking with Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Angel Broking offers Algo Trading where Groww doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Angel Broking with Groww
Account Features Compare Angel Broking Groww
3 in 1 Account No Angel Broking have 2-in-1 account. Only Demate and Trading account. No Angel Broking have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading No No
Other Features Trading software terminal: ODIN(Angel) diet NIL
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Trading Platform

Compare Angel Broking vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Angel Broking and Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Angel Broking with Groww
Trading Platform Compare Angel Broking Groww
Desktop Trading Platform Angel Speed Pro
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.angelbroking.com/ Yes
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Angel Broking Mobile App Yes
Mobile Trading App Demo Angel Broking Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Angel Broking Mobile App Download Andriod Yes Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Angel Broking Mobile App Download iOS Yes Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Angel Broking Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Angel Broking Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Angel Broking Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for angel-broking Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Angel Broking vs Groww on User Rating

  Angel Broking Groww
  73 Customer Reviews    Rate Angel Broking 2 Customer Reviews    Rate Groww
Fees Ratings 3.4 3.5
Trading Brokerage Rating 3.6 3.5
Trading Platform Usability 3.5 4.5
Customer Service Ratings 3.3 2.0
Overall Ratings Rated 3.3 stars Rated 4.5 stars
Broker Rating Angel Broking is Rated 3.3 / 5 based on 73 customer reviews Groww is Rated 4.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Angel Broking vs Groww on Investment Offerings

Compare Angel Broking with Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Angel Broking offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Angel Broking provide PMS Service where Groww doesn't offer

Investment Offerings - Compare Angel Broking with Groww
Investment Offerings Compare Angel Broking Groww
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Angel Broking vs Groww on Order Types

Order Type - Compare Angel Broking with Groww on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Angel Broking provide Cover Orders (CO) where Groww doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Angel Broking offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Angel Broking offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Angel Broking with Groww
Order Type Compare Angel Broking Groww
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Angel Broking vs Groww on Customer Service

Compare Angel Broking with Groww on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Angel Broking with Groww
Customer Service Compare Angel Broking Groww
24/7 Customer Service Angel Broking vs Groww - 24x7 customer support No No
Email Support Angel Broking vs Groww - Email Support Yes Yes
Onine Live Chat Angel Broking vs Groww - Onine Live Chat Yes Yes
Phone Support Angel Broking vs Groww - Phone Support Yes No
Toll Free Number Angel Broking vs Groww - Toll Free Number No No
Through Branches Angel Broking vs Groww - Through Branches Yes No
Customer Care Number Angel Broking vs Groww - Customer Care Number 022-33551111/022-42185454 Info Not Available
Account Opening Process Angel Broking vs Groww - Account Opening Process Online/Paperless Online
Customer Support Email Angel Broking vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Angel Broking vs Groww - Knowledge Center/Education http://www.angelbroking.com/knowledge-center https://groww.in/questions
Head Office Address Angel Broking vs Groww - Head Office Address/Corporate Address Angel Broking Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai – 400 093.
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Angel Broking vs Groww - Company Website https://www.angelbroking.com/ https://groww.in/
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Tips/Research/Reports Published

Compare Angel Broking vs Groww on Research Reports, Tips

Compare Angel Broking with Groww on research reports and tips provided by the broker.

Research Reports - Compare Angel Broking with Groww
  Angel Broking Groww
Research Mutual Funds Angel Broking vs Groww - Research Mutual Funds No No
Research Equity Reports Angel Broking vs Groww - Research Equity Reports No No
Research ETF Angel Broking vs Groww - Research ETF No No
Daily Market Report Angel Broking vs Groww - Daily Market Report Yes No
Free Tips Angel Broking vs Groww - Free Tips Yes No
Quarterly Result Analysis Angel Broking vs Groww - Quarterly Results Yes No
News Alerts Angel Broking vs Groww - Yes No
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Demat Account

Compare Angel Broking vs Groww on Demat Account

Compare Angel Broking with Groww on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Angel Broking with Groww
  Angel Broking Groww
DP Source CDSL
DP ID Angel Broking vs Groww - DP ID 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa
Advance Deposit NIL
Statutory charges Nil
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹50 per certificate
Remat ₹50 + CDSL Charges
Pledge Creation ₹25 per transaction
Pledge Creation Confirmation NIL
Pledge Closure ₹25 per transaction
Pledge Closure Confirmation NIL
Pledge Invocation NIL
Failed Instruction Charges Nil
Other Charges Nil

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Special Offers,Advantages,Disadvantages

Compare Angel Broking vs Groww on Special Offers and Promotion

Compare Angel Broking with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Angel Broking vs Groww on Special Offers and Promotion
  Angel Broking Groww
Pay In and Pay Out Options Angel Broking vs Groww - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Angel Broking vs Groww - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Angel Broking vs Groww - Bank Supported and Charges Around 40+ bank are prefered parter with Angel Broking. Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available Info Not Available
Likes

Detail Review...

Detail Review...

Dislikes
  • 3-in-1 account, an integrated platform of bank account, trading, and demat account is unavailable.
  • Chargeable call & trade services.

Detail Review...

  • Limited investment product as people can’t trade in commodity and currency segment.
  • Residents can’t open Groww 3-in-1 account (Demat + Trading + Bank account).
  • NRI trading is not available.
  • No call centers anywhere or no toll-free number.
  • Call & Trade is not offered.
  • No offline presence due to the absence of a physical branch office.

Detail Review...

Special Offers/Promo Free Trading for One Month(Up to Rs 1000 value). Free Account Opening a limited time offer.
Enquiry Enquire for Angel Broking Enquire for Groww

Last Updated on 2021-10-07T03:53:27+00:00


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