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ICICIDirect Vs Angel One Vs Groww: Which one is better?

The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Angel One ranges between Rs 20, while the brokerage of Groww ranges between Rs 20. The broker Angel One and Groww are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Angel One is rated 4.5, Groww is rated 4 out of 5.

Here we present side-by-side comparison of ICICIDirect vs Angel One vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Angel One vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better ICICIDirect vs Angel One vs Groww in this setion with 360 degree view of broker information.

Compare ICICIDirect vs Angel One vs Groww on Service

  ICICIDirect Compare
ICICIDirect
Angel One Compare
Angel One
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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 Zerodha Request call back from Angel One Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared ICICIDirect vs Angel One vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect vs Angel One vs Groww
Charges ICICIDirect Angel One Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 per annum Rs 240 PA (Waived for 1st year) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Angel One vs Groww on Plan Options

Plans are the most important feature you look when compare ICICIDirect vs Angel One vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect offers Multiple Plans where Angel One and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare ICICIDirect vs Angel One vs Groww on Plan Options
Plan Types ICICIDirect Angel One Groww
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Angel One Zerodha
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Angel One vs Growwon Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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 ICICIDirect vs Angel One vs Groww
Brokerage Charges Compare ICICIDirect Angel One Groww
Plan Name NEO Flat Discount Brokerage Plan Angel iTrade Prime Plan Flat Brokerage Plan
Equity Delivery 0.55% Free 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 20 per order 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Free (Rs. 0 brokerage) Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Flat Rs. 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs. 20 per order Flat Fee Rs 20 Not Available
Currency Options Flat Rs. 20 per order Flat Fee Rs 20 Not Available
Commodity Trading Flat Rs. 20 per order Flat Fee Rs 20 Not Available
Minimum Brokerage Rs 35 per trade
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA NA
Call & Trade Charges First 20 call free and Rs 25 there onwards. Rs 20 per order Rs 50 Per Executable Order
Auto Square off Charges First 20 call free and Rs 25 there onwards. Rs 20 per order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Angel One Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare ICICIDirect vs Angel One vs Groww on Transaction Charges

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

Transaction Charges - Compare ICICIDirect vs Angel One vs Groww
Transaction Charges Compare ICICIDirect Angel One Groww
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for angel-one Complete Brokerage Plans for groww
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Account Features

Compare ICICIDirect vs Angel One vs Groww on Account Features

Compare ICICIDirect vs Angel One vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Angel One and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - ICICIDirect and Angel One offers NRI Trading where Groww doesn't offers NRI Trading.

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

Compare ICICIDirect vs Angel One vs Growwon Trading Platform

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

Trading Platform - Compare ICICIDirect vs Angel One vs Groww
Trading Platform Compare ICICIDirect Angel One Groww
Desktop Trading Platform Trade Racer Angel One Groww App
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) Yes No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.icicidirect.com

https://www.angelone.in/trade/

Yes

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App ICICI direct Mobile Angel One Mobile App Groww App
Mobile Trading App Demo ICICI direct Mobile Demo Angel One Mobile App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod Angel One Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS Angel One Mobile App Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for ICICIDirect Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for ICICIDirect Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for ICICIDirect Options Brokerage Calculator for Angel One Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for icicidirect Detail on Trading Platforms for angel-one Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare ICICIDirect vs Angel One vs Groww on User Rating

  ICICIDirect Angel One Groww
  267 Customer Reviews    Rate ICICIDirect 74 Customer Reviews    Rate Angel One 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Angel One is Rated 3.3 / 5 based on 74 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare ICICIDirect vs Angel One vs Groww on Investment Offerings

Compare ICICIDirect vs Angel One vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Angel One offers Commodity Trading where ICICIDirect and Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect and Angel One offers PMS facility where Groww doesn't offers PMS facility.

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

Compare ICICIDirect vs Angel One vs Groww on Order Types

Order Type - Compare ICICIDirect vs Angel One vs Groww on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - ICICIDirect and Angel One provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Angel One provides Bracket Orders (BO) facility where ICICIDirect and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - ICICIDirect and Angel One AMO facility where Groww doesn't provides AMO. GTC Orders - ICICIDirect and Angel One offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.

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

Compare ICICIDirect vs Angel One vs Groww on Customer Service

Compare ICICIDirect vs Angel One vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare ICICIDirect vs Angel One vs Groww
Customer Service Compare ICICIDirect Angel One Groww
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes Yes No
Customer Care Number 1860 123 1122 1800 1020 9108800604
Account Opening Process Online Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.angelone.in/knowledge-center https://groww.in/academy
Head Office Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
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 https://www.icicidirect.com https://www.angelone.in/ https://groww.in/
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Tips/Research/Reports Published

Compare ICICIDirect vs Angel One vs Groww on Research Reports, Tips

Compare ICICIDirect vs Angel One vs Groww on research reports and tips provided by broker.

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

Compare ICICIDirect vs Angel One vs Groww on Demat Account

Compare ICICIDirect vs Angel One vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect vs Angel One vs Groww
  ICICIDirect Angel One Groww
DP Source CDSL CDSL CDSL
DP ID 14300 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹450 pa Zero
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹20 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 CDSL charges
Demat ₹50 per set up ₹50 per certificate ₹150 per certificate + courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹50 + CDSL Charges ₹150 per certificate + courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) ₹25 per transaction ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹30 per transaction Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Angel One vs Groww on Special Offers and Promotion

Compare ICICIDirect vs Angel One vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare ICICIDirect vs Angel One vs Groww on Special Offers and Promotion
  ICICIDirect Angel One Groww
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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 Instant to ICICI Bank. Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available 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 Direct from your ICICI bank account. Info Not Available NA
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • 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
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • 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 Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer.
Enquire for ICICIDirect Enquire for Angel One Enquire for Groww

Last Updated on 2023-09-14T04:34:26+00:00