Groww and Angel One are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Groww is listed as a Private Discount Broker , established in 2016 and headquartered in Bangalore, while Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Groww or Angel One is a better fit for your investment style, platform preference, and budget.
Groww is listed as a Private Discount Broker established in 2016 with headquarters in Bangalore and founded by Lalit Keshre. The broker highlights access to equity delivery, equity intraday, equity futures, equity options and mutual funds through mobile app access and web trading and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking. It follows a Standard Plan brokerage structure.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. Its brokerage model is structured as i-trade Prime.
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.
Groww vs Angel One — A Comprehensive Company Overview
| Company Overview | Groww | Angel One |
|---|---|---|
| Company Type | Private | Public |
| Broker Type | Discount Broker | Full Service |
| Headquarters | Bangalore | Mumbai |
| Founder | Lalit Keshre | Dinesh Agarwal |
| Establishment Year | 2016 | 1987 |
| Brokerage Plan | Standard Plan | i-trade Prime |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Groww and Angel One.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Angel One charges Free.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Equity futures: This charge applies to futures contracts on stocks and indices. Groww charges Rs.20 per Order or 0.05% (whichever is low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Equity options: This charge applies to equity option contracts. Groww charges Rs.20 per Order while Angel One charges Rs.20 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Groww charges Rs.20 per Order while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Commodity options: This charge applies to option contracts on commodity instruments. Groww charges Rs.20 per Order while Angel One charges Rs.20 per Trade.
Currency futures: This charge allows participation in forex price movements on the exchange. Groww charges Rs.20 per Order while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Groww charges Rs.20 per Order while Angel One charges Rs.20 per Trade.
Groww vs Angel One — Detailed Brokerage Comparison
| Brokerage | Groww | Angel One |
|---|---|---|
| Brokerage Plan | Standard Plan | i-trade Prime |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Rs.20 per Order or 0.05% (whichever is low) | Free |
| Equity Intraday | Rs.20 per Order or 0.05% (whichever is low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Equity Future | Rs.20 per Order or 0.05% (whichever is low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Equity Option | Rs.20 per Order | Rs.20 per Trade |
| Commodity Future | Rs.20 per Order | Rs.20 per Trade or 0.25% (whichever is low) |
| Commodity Option | Rs.20 per Order | Rs.20 per Trade |
| Currency Future | Rs.20 per Order | Rs.20 per Trade or 0.25% (whichever is low) |
| Currency Option | Rs.20 per Order | Rs.20 per Trade |
Groww provides mobile app access and web trading for order placement, portfolio tracking, and market monitoring. Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for its users.
Android app: Groww and Angel One both list an Android trading app.
iOS app: Groww and Angel One both list an iOS trading app.
Web trading platform: Groww and Angel One 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: Groww and Angel One 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.
Groww vs Angel One — Complete Comparison of Trading Platforms
| Trading Platform | Groww | Angel One |
|---|---|---|
| Android App | Groww Android App Link | Angel One Android App Link |
| iOS App | Groww iOS App Link | Angel One iOS App Link |
| Web Trading Platform | Groww Web Trading Link | Angel One Web Trading Link |
| Trading Terminal | NA | Available |
| Algo Trading Platform | NA | Available |
| Foreign Stocks Platform | NA | Available |
| Basket Trading Platform | NA | Available |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | No |
| Bonds Platform | NA | No |
Groww highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, interactive charts and live market tracking, while Angel One promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices 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 Groww and Angel One offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Groww and Angel One offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Groww and Angel One offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Groww and Angel One 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 Groww and Angel One offer this feature.
Live market: Live updates on market movements and trends. Both Groww and Angel One 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 Groww and Angel One offer this feature.
Groww vs Angel One — Comprehensive Comparison of Trading Features
| Trading Feature | Groww | Angel One |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | Yes |
| Global Indices | No | Yes |
| Customised Recommendations | No | Yes |
| Stock Tips | No | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | NO | Yes |
| 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 Groww and Angel One.
Free account opening: Groww lists free account opening, while Angel One does not currently mention it.
Free AMC: Groww and Angel One both list free Demat AMC.
Free brokerage: Angel One lists free brokerage, while Groww does not currently mention it.
Flat brokerage: Groww and Angel One 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: Groww offers Rs.300 per Client while Angel One offers Upto Rs.1000 Gift Vouchers per Client for referrals.
Groww vs Angel One — Comparison of Latest Offers
| Offer | Groww | Angel One |
|---|---|---|
| Free Account Opening | Yes | No |
| Free AMC | Yes | 1st Year Free |
| Free Brokerage | No | Yes, Limited |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | No | Yes |
| Free Trading Calls | No | Yes |
| Referral Offers | Rs.300 per Client | Upto Rs.1000 Gift Vouchers 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. Groww highlights equity delivery, equity intraday, equity futures, equity options and mutual funds, while Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, mutual funds, commodity futures, commodity options, currency futures, currency options, foreign stocks and insurance.
Groww vs Angel One — Complete Comparison of Products
| Product | Groww | Angel One |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | No | Yes |
| Commodity Future | No | Yes |
| Currency Option | No | Yes |
| Currency Future | No | Yes |
| Foreign Stocks | No | Yes |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | Yes |
| Corporate Bonds | No | No |
| Government Bonds | No | No |
| Digital Gold | No | No |
Demat services: Groww and Angel One both list Demat services.
Trading services: Groww and Angel One both list trading services.
Intraday services: Groww and Angel One both list intraday trading services.
F&O services: Groww and Angel One both list F&O services.
IPO services: Groww and Angel One 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: Groww and Angel One 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.
Groww provides Demat services, trading services, intraday trading, F&O trading, IPO access and share pledging, while Angel One offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Groww vs Angel One — In-Depth Comparison of Services
| Service | Groww | Angel One |
|---|---|---|
| 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 | No | Yes |
| Stock Recommendations | No | Yes |
| Trading Education | No | Yes, Smart Money |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | Yes |
| NRI Services | No | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Groww and Angel One.
Groww and Angel One — Detailed Comparison of Advisory Services
| Advisory | Groww | Angel One |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | No | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| IPO Reports | No | Yes |
| Technical Reports | No | Yes |
| Stock Tips | No | Yes |
| Daily Top Stock Picks | No | Yes |
| Daily Market Review | No | Yes |
| Monthly Review | No | Yes |
| Weekly Review | No | Yes |
| Relationship Manager | No | Yes |
| Robo Advisory | No | Yes |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Groww and Angel One across different segments.
Groww and Angel One — Comprehensive Comparison of Trading Exposure
| Exposure | Groww | Angel One |
|---|---|---|
| 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 |
Groww and Angel One both list a sub-broker program. Groww and Angel One both list a partner program. Groww and Angel One both list a referral program.
Groww vs Angel One — Comparative Analysis of Programs
| Program | Groww | Angel One |
|---|---|---|
| Sub-Broker Program | Yes, Limited | Yes |
| Partner Program | Yes | Yes, Angel DRA |
| Referral Program | Yes | Yes |
Groww provides support through call support, email support, website support, Facebook support and Twitter/X support. Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Angel One operates Available branches.
Groww and Angel One — Comprehensive Comparison of Customer Support
| Support Channel | Groww | Angel One |
|---|---|---|
| Trading Support | NA | Available, Chargeable |
| Dedicated Dealer | NA | Available, Chargeable |
| Call Support | 9108800604 | 8047480048 |
| 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 | NA | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Groww carries an overall rating of 9.75 / 10, while Angel One carries an overall rating of 9.70 / 10.
Groww vs Angel One — Ratings Comparison
| Rating Parameter | Groww | Angel One |
|---|---|---|
| Overall Rating | 9.75 / 10 | 9.70 / 10 |
| Customer Support | 9.71 / 10 | 9.66 / 10 |
| Technology | 9.87 / 10 | 9.82 / 10 |
| Charges | 9.79 / 10 | 9.74 / 10 |
| Products & Services | 9.69 / 10 | 9.64 / 10 |
| Experience | 9.67 / 10 | 9.62 / 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.
Groww & Angel One — Comparison of Customer Complaints
| Complaint Metric | Groww | Angel One |
|---|---|---|
| Total Complaints Lodged | 181 | 554 |
| Total Complaints Resolved | 163 | 457 |
| % of Resolved Complaints | 90.06% | 82.49% |
| Non-Actionable Complaints | 9 | 57 |
| % of Non-Actionable Complaints | 4.97% | 10.29% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Groww and Angel One.
Groww vs Angel One — Detailed Comparison of Transaction Charges
| Transaction Charges | Groww | Angel One |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (BSE) |
| Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (BSE) |
| Equity Future | 0.0019% (NSE & BSE) | 0.0019% (NSE & BSE) |
| Equity Option | 0.05% (on premium) | 0.05% (on premium) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Currency Future | NA | 0.0009% (NSE) & 0.00022% (BSE) |
| Currency Option | NA | 0.035% (NSE) & 0.001% (BSE) |
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.
Groww & Angel One — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Groww | Angel One |
|---|---|---|
| Pledge Creation Charges | Free | Rs.20 per Request |
| Pledge Invocation Charges | Rs.20 per Request | Rs.50 per Request |
| Margin Trading Interest | 0.045% per day | 0.049% 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.
Groww and Angel One — Detailed Comparison of Hidden / Other Charges
| Charge | Groww | Angel One |
|---|---|---|
| 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 | Not Available | Rs.50 per Certificate |
| Call & Trade Charges | Not Available | Rs.20 per Trade |
Groww lists account opening charges of Free and Demat AMC of Free. Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free).
Groww vs Angel One — Detailed Comparison of Demat Charges
| Demat Charges | Groww | Angel One |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free | Rs.240 per Year + GST (1st Year 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.
Groww vs Angel One — Comparative Analysis of STT and CTT Charges
| STT & CTT | Groww | Angel One |
|---|---|---|
| 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 | NA | 0.01% on sell (Non-Agri) |
| Commodity Option | NA | 0.05% on sell |
| Currency Future | NA | Nil |
| Currency Option | NA | Nil |
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.
Groww and Angel One — Comparison of Stamp Duty Charges
| Stamp Duty | Groww | Angel One |
|---|---|---|
| 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 | NA | 0.002% on buy |
| Commodity Option | NA | 0.003% on buy |
| Currency Future | NA | 0.0001% on buy |
| Currency Option | NA | 0.003% on buy |