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 67,63,979 where number of active customer for Angel One is 49,14,984. 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
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE|
|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...||Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok...|
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 Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 240 PA (Waived for 1st year)||Free|
|Provide DP Service|
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.
|Plan Types||Angel One||Groww|
|Account Opening Request|
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||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||0.25% or Rs 20 whichever is lower||Flat Fee Rs 20|
|Equity Options||0.25% or Rs 20 whichever is lower||Flat Fee Rs 20|
|Currency Futures||0.25% or Rs 20 whichever is lower||Not Available|
|Currency Options||0.25% or Rs 20 whichever is lower||Not Available|
|Commodity Trading||0.25% or Rs 20 whichever is lower||Not Available|
|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|
Compare Angel One with Groww on transaction charges and PCM fee by segment.
|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|
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 - both doesn't offer NRI Trading facility.
|Account Features Compare||Angel One||Groww|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
|Other Features||Trading software terminal: ODIN(Angel) diet||NIL|
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||Groww|
|Desktop Trading Platform||Angel Speed Pro||Groww App|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.angelbroking.com/||Yes|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Angel One Mobile App||Groww App|
|Mobile Trading App Demo||Angel One Mobile App Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Angel One Mobile App Download||Andriod Groww App Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Angel One Mobile App Download||iOS Groww App Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|74 Customer Reviews||6 Customer Reviews|
|Trading Brokerage Rating||3.6||4.0|
|Trading Platform Usability||3.5||4.3|
|Customer Service Ratings||3.3||3.5|
|Broker Rating||Angel One is Rated 3.3 / 5 based on 74 customer reviews||Groww is Rated 4.5 / 5 based on 6 customer reviews|
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||Groww|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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) - 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 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 Type Compare||Angel One||Groww|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||Angel One||Groww|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-33551111/022-42185454||9108800604|
|Account Opening Process||Online/Paperless||Online|
|Customer Support Email||[email protected]||[email protected]|
|Head Office 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|
Compare Angel One with Groww on research reports and tips provided by the broker.
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 Account Annual Maintenance Charges(AMC)||₹450 pa||Zero|
|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|
Compare Angel One with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Upto 24 Hrs except Bank Holidays.||Max 24 hrs except bank holidays|
|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|
Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;
Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;
|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 2023-11-02T04:57:51+00:00