NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryGrowwAngel One
Basic Details
  • Broker Type: Digital-first discount broker
  • Founded: 2016 (broking entity expanded later from MF platform)
  • Broker Type: Full-service broker with discount-style pricing plans
  • Founded: 1987
Charges & AMC
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Account Opening: Nil in promoted offer periods
  • Demat/AMC: Often free for first year in offer windows
Brokerage
  • Equity Delivery: Lower of Rs 20 or 0.05% per order
  • Equity Intraday: Lower of Rs 20 or 0.05% per order
  • Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower)
  • Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
Other Charges
  • Auto square-off charge: Rs 50
  • Statutory and exchange charges apply separately.
  • Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • Call and trade attracts additional fee.
Leverage (Margin)
  • 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.
  • Intraday equity leverage can go up to around 5x on eligible stocks.
  • F&O margins follow exchange and risk norms.
Features
  • Paperless onboarding and simple UX.
  • Strong mutual fund and retail investing workflow.
  • ARQ advisory engine for idea support.
  • Large branch and partner network.
Trading Platforms
  • Groww Mobile App
  • Groww Web Platform
  • Angel One App (mobile)
  • Angel One Trade (web)
Reviews & Ratings
  • Positioned as beginner friendly with strong app adoption.
  • In this source snapshot, no single numeric consolidated rating table is shown.
  • Overall rating reference seen in source: 2.7/5 (partial table snapshot).
Investment Options
  • Equity
  • Intraday and derivatives
  • Equity
  • Commodity
Order Types Offered
  • Standard market and limit order flows
  • App and web based execution
  • Standard market and limit orders
  • Intraday and delivery order flows
Suitable For (Investor Type)
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
  • Users wanting a mix of full-service support and flat-fee trading.
  • Traders who value research and advisory touchpoints.
Pros and Cons
  • Pros:
  • Zero opening/AMC and low brokerage.
  • Pros:
  • Strong brand history and physical support network.

Detailed Comparison

Basic Details

GrowwAngel One
  • 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
  • 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

Charges & AMC

GrowwAngel One
  • Trading and Demat Account Opening: Rs 0
  • Trading AMC: Rs 0
  • Demat AMC: Rs 0
  • 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)

Brokerage

GrowwAngel One
  • 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
  • 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

Other Charges

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

Leverage (Margin)

GrowwAngel One
  • 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.
  • Intraday equity leverage can go up to around 5x on eligible stocks.
  • F&O margins follow exchange and risk norms.

Features

GrowwAngel One
  • 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.
  • ARQ advisory engine for idea support.
  • Large branch and partner network.
  • Research plus advisory ecosystem.
  • Unified web, mobile, and desktop access.

Trading Platforms

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

Reviews & Ratings

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

Investment Options

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

Order Types Offered

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

Suitable For (Investor Type)

GrowwAngel One
  • First-time investors preferring clean mobile-first experience.
  • Cost-conscious users who also invest in direct mutual funds.
  • Traders seeking simple flat-fee execution.
  • 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.

Pros and Cons

GrowwAngel One
  • 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.
  • 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.

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.

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