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Samco vs Groww

Comparison of charges, features, and platform quality. Both Samco and Groww are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.

Our Verdict

Both Samco and Groww are top-rated Discount brokers.

Samco

Samco Wins on:

Best For Intraday

Better choice if you prioritize stocknote app (guidance) and need stocknote, leverage.

Groww

Groww Wins on:

Best For Beginners

Better choice if you prioritize zero account opening & amc charges and need free amc, simple ui.

Explore SamcoExplore Groww

At a Glance Comparison

Feature
Samco
Samco
Groww
Groww
Broker TypeDiscountDiscount
Account Opening₹0 (Free)₹0 (Free)
AMC (Yearly)₹400/year₹0 (Free)
Equity Delivery₹20₹20 or 0.05%
Intraday Tradng₹20₹20 or 0.05%
Active Clients2 Lakhs+50 Lakhs+
Rating44.7
Best ForIntraday, InvestorsBeginners, Mutual Funds
Pros
  • StockNote App (Guidance)
  • Leverage products
  • Margin against shares
  • Zero Account Opening & AMC Charges
  • Extremely simple UI for beginners
  • Fast account opening process
  • Direct Mutual Funds supported
Cons
  • Complex fee structure sometimes
  • Aggressive notifications
  • Charged for equity delivery (unlike Zerodha)
  • Limited advanced trading features
  • No commodity trading (initially)

Brokerage Charges Explained

Samco Fees

For equity delivery, ₹20 applies. If you trade Intraday, you pay ₹20 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.

* Hidden costs: Remember to account for annual maintenance charges (Samco: ₹400/year, Groww: ₹0 (Free)).

Trading Platform & App

SamcoSamco
App Rating4/5

Samco's platform is known for being comprehensive. It is generally considered robust for advanced analysis.

GrowwGroww
App Rating4.7/5

Groww's platform focuses on research and data. Users find it extremely beginner friendly.

Choose Samco if:

  • You are looking for the best platform for Intraday.
  • You are looking for the best platform for Investors.
  • You prefer stocknote 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

Samco

Advantages

  • StockNote App (Guidance)
  • Leverage products
  • Margin against shares

Disadvantages

  • Complex fee structure sometimes
  • Aggressive notifications

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)

Common Questions

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Ready to choose?

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