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HomeStock BrokerGroww vs Angel One

Groww vs Angel One

Side-by-side view of features, pricing context, and platform fit.

Groww

Groww

Active Clients: 1,24,80,505

Groww is a Bangalore-based online brokerage firm operating under Groww Invest Tech Pvt Ltd, a SEBI-registered broker and member of the NSE and BSE. Initially, it began as a direct mutual fund platform, and subsequentl...

Angel One

Angel One

Active Clients: 67,45,594

Established in 1987, Angel One is one of India's largest full-service retail brokers, also providing discount-style online brokerage plans. The brokerage firm offers stock and commodity trading, investment advisory se...

Side-by-Side Compare Table

CategoryGrowwAngel One
Basic Details
  • •Broker Type: Digital-first discount broker
  • •Founded: 2016 (broking entity expanded later from MF platform)
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
Charges & AMC
  • •Trading and Demat Account Opening: Rs 0
  • •Trading AMC: Rs 0
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
Brokerage
  • •Equity Delivery: Lower of Rs 20 or 0.05% per order
  • •Equity Intraday: Lower of Rs 20 or 0.05% per order
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
Other Charges
  • •Auto square-off charge: Rs 50
  • •Statutory and exchange charges apply separately.
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.
Leverage (Margin)
  • •Margin and leverage depend on segment and risk policy.
  • •Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.
Features
  • •Paperless onboarding and simple UX.
  • •Strong mutual fund and retail investing workflow.
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
Trading Platforms
  • •Groww Mobile App
  • •Groww Web Platform
  • •Angel One App (mobile)
  • •Angel One Trade (web)
Reviews & Ratings
  • •Positioned as beginner friendly with strong app adoption.
  • •In this source snapshot, no single numeric consolidated rating table is shown.
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).
Investment Options
  • •Equity
  • •Intraday and derivatives
  • •Equity
  • •Commodity
Order Types Offered
  • •Standard market and limit order flows
  • •App and web based execution
  • •Standard market and limit orders
  • •Intraday and delivery order flows
Suitable For (Investor Type)
  • •First-time investors preferring clean mobile-first experience.
  • •Cost-conscious users who also invest in direct mutual funds.
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
Pros and Cons
  • •Pros:
  • •Zero opening/AMC and low brokerage.
  • •Pros:
  • •Strong brand history and physical support network.

Detailed Comparison

Basic Details

GrowwAngel One
  • •Broker Type: Digital-first discount broker
  • •Founded: 2016 (broking entity expanded later from MF platform)
  • •SEBI Registration: INZ000301838
  • •NSE Member Code: 90187
  • •Net Worth: Rs 1433.11 Cr
  • •Broker Type: Full-service broker with discount-style pricing plans
  • •Founded: 1987
  • •SEBI Registration: INZ000161534
  • •NSE Member Code: 12798
  • •Net Worth: Rs 4620.22 Cr

Charges & AMC

GrowwAngel One
  • •Trading and Demat Account Opening: Rs 0
  • •Trading AMC: Rs 0
  • •Demat AMC: Rs 0
  • •Account Opening: Nil in promoted offer periods
  • •Demat/AMC: Often free for first year in offer windows
  • •Call and Trade: Charged separately (commonly Rs 20 per trade)

Brokerage

GrowwAngel One
  • •Equity Delivery: Lower of Rs 20 or 0.05% per order
  • •Equity Intraday: Lower of Rs 20 or 0.05% per order
  • •Equity Futures: Flat Rs 20 per order
  • •Equity Options: Flat Rs 20 per order
  • •Direct Mutual Funds: Rs 0 commission
  • •Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • •Equity F&O: Flat Rs 20
  • •Currency F&O: Flat Rs 20
  • •Commodity F&O: Flat Rs 20

Other Charges

GrowwAngel One
  • •Auto square-off charge: Rs 50
  • •Statutory and exchange charges apply separately.
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.

Leverage (Margin)

GrowwAngel One
  • •Margin and leverage depend on segment and risk policy.
  • •Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.
  • •Intraday equity leverage can go up to around 5x on eligible stocks.
  • •F&O margins follow exchange and risk norms.

Features

GrowwAngel One
  • •Paperless onboarding and simple UX.
  • •Strong mutual fund and retail investing workflow.
  • •Unified app for stocks, IPOs, ETFs, and MFs.
  • •Educational resources via blogs and ebooks.
  • •ARQ advisory engine for idea support.
  • •Large branch and partner network.
  • •Research plus advisory ecosystem.
  • •Unified web, mobile, and desktop access.

Trading Platforms

GrowwAngel One
  • •Groww Mobile App
  • •Groww Web Platform
  • •915 by Groww (advanced web terminal)
  • •Angel One App (mobile)
  • •Angel One Trade (web)
  • •Angel SpeedPro (desktop terminal)

Reviews & Ratings

GrowwAngel One
  • •Positioned as beginner friendly with strong app adoption.
  • •In this source snapshot, no single numeric consolidated rating table is shown.
  • •Overall rating reference seen in source: 2.7/5 (partial table snapshot).

Investment Options

GrowwAngel One
  • •Equity
  • •Intraday and derivatives
  • •IPO
  • •ETFs
  • •Direct mutual funds
  • •Digital gold
  • •Equity
  • •Commodity
  • •Currency
  • •F&O
  • •Mutual funds
  • •Other distributed financial products

Order Types Offered

GrowwAngel One
  • •Standard market and limit order flows
  • •App and web based execution
  • •Advanced workflow through 915 terminal for active users
  • •Standard market and limit orders
  • •Intraday and delivery order flows
  • •Call-and-trade assisted orders

Suitable For (Investor Type)

GrowwAngel One
  • •First-time investors preferring clean mobile-first experience.
  • •Cost-conscious users who also invest in direct mutual funds.
  • •Traders seeking simple flat-fee execution.
  • •Users wanting a mix of full-service support and flat-fee trading.
  • •Traders who value research and advisory touchpoints.
  • •Investors preferring both online and assisted channels.

Pros and Cons

GrowwAngel One
  • •Pros:
  • •Zero opening/AMC and low brokerage.
  • •Strong digital onboarding and usability.
  • •Commission-free direct mutual funds.
  • •Cons:
  • •Limited offline support model.
  • •Advisory depth is lower than traditional full-service broker setups.
  • •Pros:
  • •Strong brand history and physical support network.
  • •Discount-style flat brokerage in key segments.
  • •Advisory and research stack available.
  • •Cons:
  • •Some plan terms and margin products can be complex for beginners.
  • •Extra operational charges apply for selected assisted services.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

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