Zerodha vs Groww
Comparison of charges, features, and platform quality. Both Zerodha 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 Zerodha and Groww are top-rated Discount brokers.
Zerodha Wins on:
Best For BeginnersBetter choice if you prioritize zero brokerage on equity delivery and need #1 broker, low charges.
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 | ₹200 | ₹0 (Free) |
| AMC (Yearly) | ₹300/year | ₹0 (Free) |
| Equity Delivery | ₹0 (Free) | ₹20 or 0.05% |
| Intraday Tradng | ₹20 or 0.03% | ₹20 or 0.05% |
| Active Clients | 60 Lakhs+ | 50 Lakhs+ |
| Rating | 4.8 | 4.7 |
| Best For | Beginners, Investors, Options | Beginners, Mutual Funds |
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Brokerage Charges Explained
Zerodha Fees
For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% 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
ZerodhaZerodha's platform is known for being comprehensive. It is generally considered very easy to learn.
GrowwGroww's platform focuses on research and data. Users find it extremely beginner friendly.
Choose Zerodha if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Investors.
- You are looking for the best platform for Options.
- You prefer #1 broker 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
Zerodha
Advantages
- Zero brokerage on equity delivery
- Most reliable trading platform (Kite)
- No spam calls or pushy sales
Disadvantages
- No monthly unlimited brokerage plan
- Frequent tech glitches in volatile markets
- Customer support can be slow
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)
