NIFTY24,210.550.69%
SENSEX77,784.750.93%
BANKNIFTY56,585.850.94%
NIFTY IT30,395.500.33%
PHARMA22,936.452.14%
AUTO25,912.202.03%
FMCG51,007.500.37%
METAL12,834.250.45%
REALTY794.201.14%
ENERGY40,105.200.52%
NIFTY24,210.550.69%
SENSEX77,784.750.93%
BANKNIFTY56,585.850.94%
NIFTY IT30,395.500.33%
PHARMA22,936.452.14%
AUTO25,912.202.03%
FMCG51,007.500.37%
METAL12,834.250.45%
REALTY794.201.14%
ENERGY40,105.200.52%

Side-by-Side Compare Table

CategoryAngel OneGroww
Basic Details
  • Broker Type: Full-service broker with discount-style pricing plans
  • Founded: 1987
  • Broker Type: Digital-first discount broker
  • Founded: 2016 (broking entity expanded later from MF platform)
Charges & AMC
  • Account Opening: Nil in promoted offer periods
  • Demat/AMC: Often free for first year in offer windows
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
Brokerage
  • Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • Equity Delivery: Lower of Rs 20 or 0.05% per order
  • Equity Intraday: Lower of Rs 20 or 0.05% per order
Other Charges
  • Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Call and trade attracts additional fee.
  • Auto square-off charge: Rs 50
  • Statutory and exchange charges apply separately.
Leverage (Margin)
  • Intraday equity leverage can go up to around 5x on eligible stocks.
  • F&O margins follow exchange and risk norms.
  • Margin and leverage depend on segment and risk policy.
  • Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.
Features
  • ARQ advisory engine for idea support.
  • Large branch and partner network.
  • Paperless onboarding and simple UX.
  • Strong mutual fund and retail investing workflow.
Trading Platforms
  • Angel One App (mobile)
  • Angel One Trade (web)
  • Groww Mobile App
  • Groww Web Platform
Reviews & Ratings
  • Overall rating reference seen in source: 2.7/5 (partial table snapshot).
  • Positioned as beginner friendly with strong app adoption.
  • In this source snapshot, no single numeric consolidated rating table is shown.
Investment Options
  • Equity
  • Commodity
  • Equity
  • Intraday and derivatives
Order Types Offered
  • Standard market and limit orders
  • Intraday and delivery order flows
  • Standard market and limit order flows
  • App and web based execution
Suitable For (Investor Type)
  • Users wanting a mix of full-service support and flat-fee trading.
  • Traders who value research and advisory touchpoints.
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
Pros and Cons
  • Pros:
  • Strong brand history and physical support network.
  • Pros:
  • Zero opening/AMC and low brokerage.

Detailed Comparison

Basic Details

Angel OneGroww
  • Broker Type: Full-service broker with discount-style pricing plans
  • Founded: 1987
  • SEBI Registration: INZ000161534
  • NSE Member Code: 12798
  • Net Worth: Rs 4620.22 Cr
  • Broker Type: Digital-first discount broker
  • Founded: 2016 (broking entity expanded later from MF platform)
  • SEBI Registration: INZ000301838
  • NSE Member Code: 90187
  • Net Worth: Rs 1433.11 Cr

Charges & AMC

Angel OneGroww
  • Account Opening: Nil in promoted offer periods
  • Demat/AMC: Often free for first year in offer windows
  • Call and Trade: Charged separately (commonly Rs 20 per trade)
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Demat AMC: Rs 0

Brokerage

Angel OneGroww
  • Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
  • Equity F&O: Flat Rs 20
  • Currency F&O: Flat Rs 20
  • Commodity F&O: Flat Rs 20
  • Equity Delivery: Lower of Rs 20 or 0.05% per order
  • Equity Intraday: Lower of Rs 20 or 0.05% per order
  • Equity Futures: Flat Rs 20 per order
  • Equity Options: Flat Rs 20 per order
  • Direct Mutual Funds: Rs 0 commission

Other Charges

Angel OneGroww
  • Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Call and trade attracts additional fee.
  • Auto square-off charge: Rs 50
  • Statutory and exchange charges apply separately.

Leverage (Margin)

Angel OneGroww
  • Intraday equity leverage can go up to around 5x on eligible stocks.
  • F&O margins follow exchange and risk norms.
  • Margin and leverage depend on segment and risk policy.
  • Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.

Features

Angel OneGroww
  • ARQ advisory engine for idea support.
  • Large branch and partner network.
  • Research plus advisory ecosystem.
  • Unified web, mobile, and desktop access.
  • Paperless onboarding and simple UX.
  • Strong mutual fund and retail investing workflow.
  • Unified app for stocks, IPOs, ETFs, and MFs.
  • Educational resources via blogs and ebooks.

Trading Platforms

Angel OneGroww
  • Angel One App (mobile)
  • Angel One Trade (web)
  • Angel SpeedPro (desktop terminal)
  • Groww Mobile App
  • Groww Web Platform
  • 915 by Groww (advanced web terminal)

Reviews & Ratings

Angel OneGroww
  • Overall rating reference seen in source: 2.7/5 (partial table snapshot).
  • Positioned as beginner friendly with strong app adoption.
  • In this source snapshot, no single numeric consolidated rating table is shown.

Investment Options

Angel OneGroww
  • Equity
  • Commodity
  • Currency
  • F&O
  • Mutual funds
  • Other distributed financial products
  • Equity
  • Intraday and derivatives
  • IPO
  • ETFs
  • Direct mutual funds
  • Digital gold

Order Types Offered

Angel OneGroww
  • Standard market and limit orders
  • Intraday and delivery order flows
  • Call-and-trade assisted orders
  • Standard market and limit order flows
  • App and web based execution
  • Advanced workflow through 915 terminal for active users

Suitable For (Investor Type)

Angel OneGroww
  • Users wanting a mix of full-service support and flat-fee trading.
  • Traders who value research and advisory touchpoints.
  • Investors preferring both online and assisted channels.
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
  • Traders seeking simple flat-fee execution.

Pros and Cons

Angel OneGroww
  • Pros:
  • Strong brand history and physical support network.
  • Discount-style flat brokerage in key segments.
  • Advisory and research stack available.
  • Cons:
  • Some plan terms and margin products can be complex for beginners.
  • Extra operational charges apply for selected assisted services.
  • Pros:
  • Zero opening/AMC and low brokerage.
  • Strong digital onboarding and usability.
  • Commission-free direct mutual funds.
  • Cons:
  • Limited offline support model.
  • Advisory depth is lower than traditional full-service broker setups.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@iposcanner.ai.

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.