Angel One and Groww are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai, while Groww is listed as a Private Discount Broker , established in 2016 and headquartered in Bangalore.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Angel One or Groww is a better fit for your investment style, platform preference, and budget.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a i-trade Prime brokerage structure.
Groww is listed as a Private Discount Broker established in 2016 with headquarters in Bangalore and founded by Lalit Keshre. It offers equity delivery, equity intraday, equity futures, equity options and mutual funds using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. Its brokerage model is structured as Standard Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Angel One vs Groww — A Comprehensive Company Overview
| Company Overview | Angel One | Groww |
|---|---|---|
| Company Type | Public | Private |
| Broker Type | Full Service | Discount Broker |
| Headquarters | Mumbai | Bangalore |
| Founder | Dinesh Agarwal | Lalit Keshre |
| Establishment Year | 1987 | 2016 |
| Brokerage Plan | i-trade Prime | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Angel One and Groww.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Angel One charges Free while Groww charges Rs.20 per Order or 0.05% (whichever is low).
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Groww charges Rs.20 per Order or 0.05% (whichever is low).
Equity futures: This charge applies to futures contracts on stocks and indices. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Groww charges Rs.20 per Order or 0.05% (whichever is low).
Equity options: This charge applies to equity option contracts. Angel One charges Rs.20 per Trade while Groww charges Rs.20 per Order.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Groww charges Rs.20 per Order.
Commodity options: This charge applies to option contracts on commodity instruments. Angel One charges Rs.20 per Trade while Groww charges Rs.20 per Order.
Currency futures: This charge allows participation in forex price movements on the exchange. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while Groww charges Rs.20 per Order.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Angel One charges Rs.20 per Trade while Groww charges Rs.20 per Order.
Angel One vs Groww — Detailed Brokerage Comparison
| Brokerage | Angel One | Groww |
|---|---|---|
| Brokerage Plan | i-trade Prime | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Free | Rs.20 per Order or 0.05% (whichever is low) |
| Equity Intraday | Rs.20 per Trade or 0.25% (whichever is low) | Rs.20 per Order or 0.05% (whichever is low) |
| Equity Future | Rs.20 per Trade or 0.25% (whichever is low) | Rs.20 per Order or 0.05% (whichever is low) |
| Equity Option | Rs.20 per Trade | Rs.20 per Order |
| Commodity Future | Rs.20 per Trade or 0.25% (whichever is low) | Rs.20 per Order |
| Commodity Option | Rs.20 per Trade | Rs.20 per Order |
| Currency Future | Rs.20 per Trade or 0.25% (whichever is low) | Rs.20 per Order |
| Currency Option | Rs.20 per Trade | Rs.20 per Order |
Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Groww provides mobile app access and web trading for its users.
Android app: Angel One and Groww both list an Android trading app.
iOS app: Angel One and Groww both list an iOS trading app.
Web trading platform: Angel One and Groww both list a web trading platform.
Desktop trading terminal: Angel One lists a desktop trading terminal, while Groww does not currently mention it.
Algo trading: Angel One lists algo trading support, while Groww does not currently mention it.
Basket trading: Angel One lists basket trading, while Groww does not currently mention it.
Foreign stocks platform: Angel One lists foreign stocks access, while Groww does not currently mention it.
Mutual fund platform: Angel One and Groww both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Angel One vs Groww — Complete Comparison of Trading Platforms
| Trading Platform | Angel One | Groww |
|---|---|---|
| Android App | Angel One Android App Link | Groww Android App Link |
| iOS App | Angel One iOS App Link | Groww iOS App Link |
| Web Trading Platform | Angel One Web Trading Link | Groww Web Trading Link |
| Trading Terminal | Available | NA |
| Algo Trading Platform | Available | NA |
| Foreign Stocks Platform | Available | NA |
| Basket Trading Platform | Available | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | No | NA |
| Bonds Platform | No | NA |
Angel One highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while Groww promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Angel One and Groww offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Angel One and Groww offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Angel One and Groww offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Angel One and Groww offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Angel One offers this; Groww does not currently highlight it.
Global indices: Real-time data on leading global stock market indices. Angel One offers this; Groww does not currently highlight it.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Angel One offers this; Groww does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Angel One offers this; Groww does not currently highlight it.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Angel One and Groww offer this feature.
Live market: Live updates on market movements and trends. Both Angel One and Groww offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Angel One offers this; Groww does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Angel One and Groww offer this feature.
Angel One vs Groww — Comprehensive Comparison of Trading Features
| Trading Feature | Angel One | Groww |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | No |
| Global Indices | Yes | No |
| Customised Recommendations | Yes | No |
| Stock Tips | Yes | No |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | NO |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Angel One and Groww.
Free account opening: Groww lists free account opening, while Angel One does not currently mention it.
Free AMC: Angel One and Groww both list free Demat AMC.
Free brokerage: Angel One lists free brokerage, while Groww does not currently mention it.
Flat brokerage: Angel One and Groww both list flat brokerage pricing.
Flexible brokerage plans: Neither broker currently highlights flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Angel One lists free delivery trading, while Groww does not currently mention it.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Angel One lists free research reports, while Groww does not currently mention it.
Free trading calls: Angel One lists free trading calls, while Groww does not currently mention it.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Angel One offers Upto Rs.1000 Gift Vouchers per Client while Groww offers Rs.300 per Client for referrals.
Angel One vs Groww — Comparison of Latest Offers
| Offer | Angel One | Groww |
|---|---|---|
| Free Account Opening | No | Yes |
| Free AMC | 1st Year Free | Yes |
| Free Brokerage | Yes, Limited | No |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | Yes | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | No |
| Free Trading Calls | Yes | No |
| Referral Offers | Upto Rs.1000 Gift Vouchers per Client | Rs.300 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Groww highlights equity delivery, equity intraday, equity futures, equity options and mutual funds.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds and insurance.
Angel One vs Groww — Complete Comparison of Products
| Product | Angel One | Groww |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | No |
| Commodity Future | Yes | No |
| Currency Option | Yes | No |
| Currency Future | Yes | No |
| Foreign Stocks | Yes | No |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | Yes | No |
| Corporate Bonds | No | No |
| Government Bonds | No | No |
| Digital Gold | No | No |
Demat services: Angel One and Groww both list Demat services.
Trading services: Angel One and Groww both list trading services.
Intraday services: Angel One and Groww both list intraday trading services.
F&O services: Angel One and Groww both list F&O services.
IPO services: Angel One and Groww both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Angel One lists stock research, while Groww does not currently mention it.
Stock recommendations: Angel One lists stock recommendations, while Groww does not currently mention it.
Trading education: Angel One lists trading education, while Groww does not currently mention it.
Share pledging: Angel One and Groww both list share pledging.
PMS or PCG: Angel One lists PMS or PCG support, while Groww does not currently mention it.
NRI services: Angel One lists NRI services, while Groww does not currently mention it.
Angel One provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Groww offers Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging.
Angel One vs Groww — In-Depth Comparison of Services
| Service | Angel One | Groww |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | No |
| Stock Research | Yes | No |
| Stock Recommendations | Yes | No |
| Trading Education | Yes, Smart Money | No |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | No |
| NRI Services | Yes | No |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Angel One and Groww.
Angel One and Groww — Detailed Comparison of Advisory Services
| Advisory | Angel One | Groww |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | Yes | No |
| IPO Reports | Yes | No |
| Technical Reports | Yes | No |
| Stock Tips | Yes | No |
| Daily Top Stock Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Review | Yes | No |
| Weekly Review | Yes | No |
| Relationship Manager | Yes | No |
| Robo Advisory | Yes | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Angel One and Groww across different segments.
Angel One and Groww — Comprehensive Comparison of Trading Exposure
| Exposure | Angel One | Groww |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Angel One and Groww both list a sub-broker program. Angel One and Groww both list a partner program. Angel One and Groww both list a referral program.
Angel One vs Groww — Comparative Analysis of Programs
| Program | Angel One | Groww |
|---|---|---|
| Sub-Broker Program | Yes | Yes, Limited |
| Partner Program | Yes, Angel DRA | Yes |
| Referral Program | Yes | Yes |
Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Groww provides support through call support, email support, website support, Facebook support and Twitter/X support. Angel One operates Available branches.
Angel One and Groww — Comprehensive Comparison of Customer Support
| Support Channel | Angel One | Groww |
|---|---|---|
| Trading Support | Available, Chargeable | NA |
| Dedicated Dealer | Available, Chargeable | NA |
| Call Support | 8047480048 | 9108800604 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available | NA |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Angel One carries an overall rating of 9.70 / 10, while Groww carries an overall rating of 9.75 / 10.
Angel One vs Groww — Ratings Comparison
| Rating Parameter | Angel One | Groww |
|---|---|---|
| Overall Rating | 9.70 / 10 | 9.75 / 10 |
| Customer Support | 9.66 / 10 | 9.71 / 10 |
| Technology | 9.82 / 10 | 9.87 / 10 |
| Charges | 9.74 / 10 | 9.79 / 10 |
| Products & Services | 9.64 / 10 | 9.69 / 10 |
| Experience | 9.62 / 10 | 9.67 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Angel One & Groww — Comparison of Customer Complaints
| Complaint Metric | Angel One | Groww |
|---|---|---|
| Total Complaints Lodged | 554 | 181 |
| Total Complaints Resolved | 457 | 163 |
| % of Resolved Complaints | 82.49% | 90.06% |
| Non-Actionable Complaints | 57 | 9 |
| % of Non-Actionable Complaints | 10.29% | 4.97% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Angel One and Groww.
Angel One vs Groww — Detailed Comparison of Transaction Charges
| Transaction Charges | Angel One | Groww |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & As per Stock (BSE) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Intraday | 0.00325% (NSE) & As per Stock (BSE) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Future | 0.0019% (NSE & BSE) | 0.0019% (NSE & BSE) |
| Equity Option | 0.05% (on premium) | 0.05% (on premium) |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | NA |
| Commodity Option | 0.05% (Non Agri) | NA |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | NA |
| Currency Option | 0.035% (NSE) & 0.001% (BSE) | NA |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Angel One & Groww — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Angel One | Groww |
|---|---|---|
| Pledge Creation Charges | Rs.20 per Request | Free |
| Pledge Invocation Charges | Rs.50 per Request | Rs.20 per Request |
| Margin Trading Interest | 0.049% per day | 0.045% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Angel One and Groww — Detailed Comparison of Hidden / Other Charges
| Charge | Angel One | Groww |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.13.5 per Scrip only on Sell | Rs.13.5 per Scrip only on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Free | Free |
| Reactivation Charges | Free | Free |
| Dematerialisation Charges | Rs.50 per Certificate | Not Available |
| Call & Trade Charges | Rs.20 per Trade | Not Available |
Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free). Groww lists account opening charges of Free and Demat AMC of Free.
Angel One vs Groww — Detailed Comparison of Demat Charges
| Demat Charges | Angel One | Groww |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Rs.240 per Year + GST (1st Year Free) | Free |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Angel One vs Groww — Comparative Analysis of STT and CTT Charges
| STT & CTT | Angel One | Groww |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Intraday | 0.025% on sell | 0.025% on sell |
| Equity Future | 0.0125% on sell | 0.0125% on sell |
| Equity Option | 0.0625% on sell (on premium) | 0.0625% on sell (on premium) |
| Commodity Future | 0.01% on sell (Non-Agri) | NA |
| Commodity Option | 0.05% on sell | NA |
| Currency Future | Nil | NA |
| Currency Option | Nil | NA |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Angel One and Groww — Comparison of Stamp Duty Charges
| Stamp Duty | Angel One | Groww |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% on buy |
| Equity Intraday | 0.003% on buy | 0.003% on buy |
| Equity Future | 0.002% on buy | 0.002% on buy |
| Equity Option | 0.003% on buy | 0.003% on buy |
| Commodity Future | 0.002% on buy | NA |
| Commodity Option | 0.003% on buy | NA |
| Currency Future | 0.0001% on buy | NA |
| Currency Option | 0.003% on buy | NA |