Share.Market vs Groww
Comparison of charges, features, and platform quality. Both Share.Market 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 Share.Market and Groww are top-rated Discount brokers.
Share.Market Wins on:
Best For InvestorsBetter choice if you prioritize backed by phonepe and need phonepe, factor investing.
Groww Wins on:
Best For BeginnersBetter choice if you prioritize zero account opening & amc charges and need free amc, simple ui.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹0 (Free) | ₹0 (Free) |
| Equity Delivery | ₹0 | ₹20 or 0.05% |
| Intraday Tradng | ₹20 | ₹20 or 0.05% |
| Active Clients | 2 Lakhs+ | 50 Lakhs+ |
| Rating | 4.2 | 4.7 |
| Best For | Investors, Mutual Funds | Beginners, Mutual Funds |
| Pros |
|
|
| Cons |
|
|
Brokerage Charges Explained
Share.Market Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for investors.
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
Share.MarketShare.Market'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 Share.Market if:
- You are looking for the best platform for Investors.
- You are looking for the best platform for Mutual Funds.
- You prefer phonepe 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
Share.Market
Advantages
- Backed by PhonePe
- Factor-based investing
- WealthBaskets integration
Disadvantages
- Very new player
- Limited features compared to established ones
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)
