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Angel One Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Angel One offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Angel One Max Rs 20 per trade while the brokerage of Groww Max Rs 20 per trade. Both the brokers are Discount Brokers. Angel One is having overall higher rating compare to Groww. Angel One is rated 4.5 out of 5 where Groww is rated only 4 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for Angel One is 61,11,879. Groww is serving more customer compare to Angel One.

Here we present side-by-side comparison of Angel One 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 One 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 One 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 One 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 One vs Groww on Service

  Angel One Compare
Angel One
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 61,11,879 95,38,609
Broker Overview Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... Know more about Angel One Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
Broker Enquiry Request call back from Angel One Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Angel One with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account.

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

Compare Angel One vs Groww on Plan Options

Plans are the most important feature you look when compare Angel One 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 One with Groww on Plan Options
Plan Types Angel One Groww
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Angel One Zerodha
Account Opening Request
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Brokerage Charges

Compare Angel One vs Groww on Brokerage Charges

Angel One 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 One with Groww
Brokerage Charges Compare Angel One Groww
Plan Name Angel iTrade Prime Plan Flat Brokerage Plan
Equity Delivery Free 0.05% or Rs 20 whichever is lower
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
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 Rs 20 per order Rs 50 Per Executable Order
Auto Square off Charges Rs 20 per order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Angel One Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Angel One vs Groww on Transaction Charges

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

Transaction Charges - Compare Angel One with Groww
Transaction Charges Compare Angel One Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for angel-one Complete Brokerage Plans for groww
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Account Features

Compare Angel One vs Groww on Account Features

Compare Angel One 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 One 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 - Angel One offers NRI where Groww doesn't offers NRI Trading.

Account Features - Angel One with Groww
Account Features Compare Angel One Groww
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One 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 Yes No
Other Features Trading software terminal: ODIN(Angel) diet NIL
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Trading Platform

Compare Angel One vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Angel One 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 One with Groww
Trading Platform Compare Angel One Groww
Desktop Trading Platform Angel One Groww App
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://www.angelone.in/trade/ Yes
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Angel One Mobile App Groww App
Mobile Trading App Demo Angel One Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Angel One Mobile App Download iOS Groww App 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 One Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Angel One Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for angel-one Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Angel One vs Groww on User Rating

  Angel One Groww
  74 Customer Reviews    Rate Angel One 7 Customer Reviews    Rate Groww
Fees Ratings 3.4 4.4
Trading Brokerage Rating 3.6 3.7
Trading Platform Usability 3.5 4.1
Customer Service Ratings 3.3 3.3
Overall Ratings 3.3 4.1
Broker Rating Angel One is Rated 3.3 / 5 based on 74 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare Angel One vs Groww on Investment Offerings

Compare Angel One 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 One 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 One provide PMS Service where Groww doesn't offer

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

Compare Angel One vs Groww on Order Types

Order Type - Compare Angel One 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 One 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) - Angel One provide Bracket Orders (BO) where Groww doesn't offer.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 One offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Angel One offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.

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

Compare Angel One vs Groww on Customer Service

Compare Angel One 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 One with Groww
Customer Service Compare Angel One Groww
24/7 Customer Service Angel One vs Groww - 24x7 customer support No No
Email Support Angel One vs Groww - Email Support Yes Yes
Onine Live Chat Angel One vs Groww - Onine Live Chat Yes Yes
Phone Support Angel One vs Groww - Phone Support Yes Yes
Toll Free Number Angel One vs Groww - Toll Free Number No No
Through Branches Angel One vs Groww - Through Branches Yes No
Customer Care Number Angel One vs Groww - Customer Care Number 1800 1020 9108800604
Account Opening Process Angel One vs Groww - Account Opening Process Online/Paperless Online
Customer Support Email Angel One vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Angel One vs Groww - Knowledge Center/Education https://www.angelone.in/knowledge-center https://groww.in/academy
Head Office Address Angel One vs Groww - Head Office Address/Corporate Address Angel One 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 One vs Groww - Company Website https://www.angelone.in/ https://groww.in/
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Tips/Research/Reports Published

Compare Angel One vs Groww on Research Reports, Tips

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

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

Compare Angel One vs Groww on Demat Account

Compare Angel One with Groww on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Groww is Zero where for Angel One is ₹450 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Angel One is ₹20 + ₹5.50 (CDSL Charges) for every transaction where for Groww is ₹8 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Angel One with Groww
  Angel One Groww
DP Source CDSL CDSL
DP ID Angel One vs Groww - DP ID 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Zero
Advance Deposit NIL Nil
Statutory charges Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 CDSL charges
Demat ₹50 per certificate ₹150 per certificate + courier charges
Remat ₹50 + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Angel One vs Groww on Special Offers and Promotion

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

Compare Angel One vs Groww on Special Offers and Promotion
  Angel One Groww
Pay In and Pay Out Options Angel One 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 One vs Groww - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Angel One 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
  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

Detail Review...

Dislikes
  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer.
Enquiry Open Angel One Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-05T21:57:20+00:00