Angel One vs Groww
Comparison of charges, features, and platform quality. Both Angel One and Groww are popular choices, but they cater to slightly different types of investors. One is a low-cost discount broker, while the other offers premium full-service features.
Our Verdict
This is a comparison between a Discount Broker (Groww) and a Full-Service Broker (Angel One).
Choose Groww if:
- You want to save massively on brokerage fees.
- You don't need stock tips or a relationship manager.
Choose Angel One if:
- You are a beginner needing guidance & research reports.
- You prefer offline support or a relationship manager.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Full-Service / Hybrid | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹240/year (1st Year Free) | ₹0 (Free) |
| Equity Delivery | ₹0 (Free) | ₹20 or 0.05% |
| Intraday Tradng | ₹20 or 0.25% | ₹20 or 0.05% |
| Active Clients | 45 Lakhs+ | 50 Lakhs+ |
| Rating | 4.5 | 4.7 |
| Best For | Intraday, Options | Beginners, Mutual Funds |
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Brokerage Charges Explained
Angel One Fees
For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.25% per order.
This makes it suitable for frequent traders.
Groww Fees
For equity delivery, ₹20 or 0.05% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for investors.
Trading Platform & App
Angel OneAngel One's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
GrowwGroww's platform focuses on research and data. Users find it extremely beginner friendly.
Choose Angel One if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer margin trading features.
Choose Groww if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Mutual Funds.
- You prefer free amc features.
Pros & Cons Comparison
Angel One
Advantages
- Free Delivery Trades
- Good margin funding facility (MTF)
- Advisory tips included
Disadvantages
- User interface matches discount style but service is hybrid
- Aggressive marketing calls
- Hidden charges in pledging
Groww
Advantages
- Zero Account Opening & AMC Charges
- Extremely simple UI for beginners
- Fast account opening process
Disadvantages
- Charged for equity delivery (unlike Zerodha)
- Limited advanced trading features
- No commodity trading (initially)
