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Groww vs Angel One: Which Broker Is Truly Built for You?

Groww vs Angel One: Which Broker Is Truly Built for You?

Introduction

So, you’re stuck in the classic dilemma — Groww vs Angel One. One feels like a startup made for Gen Z investors. The other? A veteran that’s been around since the time dial-up internet existed. Both say they’re affordable, easy, and the “best platform for investors.” But when it’s your money on the line, you need more than marketing buzz.

This isn’t one of those lazy reviews that says “both are good.” This is a full-on breakdown of what they offer, what they don’t, how much they really charge, and how they treat their users once you’re locked in. And yes, we’ll use real data, star ratings, and a side-by-side comparison so you can finally stop guessing.

Whether you’re a beginner starting with ₹500 SIPs or an active trader living on price alerts, this Groww vs Angel One comparison will help you pick the broker that actually fits your style.

Let’s start with their story — where they came from, how far they’ve come, and whether they’ve earned India’s trust.

Broker Background & Trust Score

When it comes to choosing a stock broker, trust and experience matter — but so does adaptability. In the Groww vs Angel One face-off, one broker brings decades of legacy and regulatory muscle, while the other is a tech-driven disruptor with massive user love.

Let’s see how they stack up.

Angel One: The Veteran Who Got a Digital Makeover

Angel One (earlier Angel Broking) started in 1996 — back when most of us were still figuring out dial-up internet. Over the years, it expanded into commodities, mutual funds, and even insurance. A big moment came in 2007 when the International Finance Corporation (IFC) invested ₹152 crore, showing global faith in the brand.

In 2020, Angel One went public and rebranded in 2021, fully embracing a digital-first image. And it worked — Angel One became India’s second-largest broker by active clients, with 76.31 lakh active users as of November 2024, according to NSE data.

While they did face regulatory heat back in 2013 over historic trading issues, they cleaned up, recovered, and are now among the most compliant brokers in the country.

If you value experience, regulatory backing, and feature-rich trading, Angel One is hard to beat.

Groww: The Modern Investor’s Best Friend

Groww was born in 2017 with one simple goal — remove the jargon from investing. It began with mutual funds, then quickly added stocks, ETFs, IPOs, and even digital gold — all within a few years. And all of it with a clean UI and absolutely no annoying calls.

And it’s working — Groww has been No. 1 in active user base for over a year. As of November 2024, it had 1.29 crore active clients, almost double from September 2023. That’s some serious growth.

But here’s the catch — while Groww leads in user numbers, it still lags behind in revenue and profitability compared to old-school brokers like Zerodha and Angel One. It’s a volume play.

Still, Groww has become the go-to choice for beginners and casual investors who just want a clean app that works.

Groww vs Angel One – Trust & History Comparison

CriteriaAngel OneGroww
Year of Establishment1996 (as Angel Broking)2017
Listed on Stock Exchange✅ Yes (Listed in 2020)❌ No
Active Clients (Nov 2024)76.31 lakh1.29 crore
Regulatory Track RecordOld case in 2013, clean since thenNo major issues reported
Institutional BackingIFC invested ₹152 Cr in 2007Sequoia, Tiger Global, Y Combinator funded
Overall Trust & Legacy⭐⭐⭐⭐⭐ (5/5)⭐⭐⭐⭐ (4/5)

In short, Angel One offers the comfort of experience and compliance, while Groww wins the popularity contest with a modern, user-friendly approach. One’s built like a bank, the other like a mobile app.

Product & Feature Comparison

When it comes to trading and investing, it’s not just about having a demat account — it’s about what your broker actually lets you do. In this section of our Groww vs Angel One comparison, we’ll look at everything from product availability to trading features.

Let’s break down what each platform offers — and what they don’t.

Available Products

Product/ServiceAngel OneGroww
Stocks (Equity Delivery)
Intraday Trading
Derivatives (F&O)
Commodities
Currency Trading
Mutual Funds
ETFs
IPOs
Sovereign Gold Bonds (SGB)
Fixed Deposits
Loan Against Shares
Portfolio Management (PMS)
Investment Advisory
Portfolio Health Score✅ (via ARQ)

Angel One is clearly built for full-time traders and serious investors. It supports everything — from equity and commodities to currency trading and even portfolio advisory services. You also get access to advanced tools like ARQ-based portfolio scoring, loan against shares, and PMS.

Groww, on the other hand, is cleaner and more minimal — offering just what most retail investors want: mutual funds, stocks, IPOs, ETFs, and recently, FDs and SGBs. But it does not support commodity or currency trading — which are deal-breakers for many active traders.

Features & Tools

FeatureAngel OneGroww
Web Platform✅ Advanced✅ Simple UI
Mobile App✅ (Feature-rich)✅ (Very beginner-friendly)
Research Reports✅ Yes (Daily, Sectoral)❌ No
TradingView Charts✅ Integrated✅ Integrated
GTT Orders✅ Available✅ Available
Bracket/BO Orders✅ Yes❌ No
Call & Trade✅ Yes Yes
Learn Section✅ (Angel Academy)✅ (Groww Digest & Blog)
Margin Trading Facility✅ Available✅ Limited

Angel One clearly dominates in terms of trading features, order types, and research tools. Groww keeps things light and user-friendly but skips many advanced features — making it more suitable for long-term investors than full-time traders.

Groww vs Angel One – Product & Features Rating

CriteriaAngel OneGroww
Product Variety⭐⭐⭐⭐⭐ (5/5)⭐⭐⭐ (3/5)
Tools & Trading Features⭐⭐⭐⭐ (4/5)⭐⭐ (2/5)
Platform Usability⭐⭐⭐⭐ (4/5)⭐⭐⭐⭐ (4/5)
Research & Advisory⭐⭐⭐⭐ (4/5)⭐ (1/5)
Overall Score⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)

Angel One clearly wins this round for anyone who wants advanced trading, research support, and a complete product suite. Groww is great for simple investing — but traders will feel limited.

Brokerage & Charges Comparison

Let’s be honest — low brokerage is the biggest reason many of us pick a broker. But here’s the thing: it’s not just about the ₹20 per trade banner. There are hidden fees, maintenance costs, and transaction charges that quietly eat into your profits.

In this section of our Groww vs Angel One comparison, we’ll go through account opening charges, brokerage, and all the other essential costs — explained simply.

📂 Account Opening & Maintenance Charges

Both Groww and Angel One make it easy to get started.

Groww wins for passive investors here with a completely maintenance-free setup. Angel One is still reasonable — especially for BSDA users — but not entirely free.

Angel One and Groww Official Pricing.

Check Angel One charges Here & Groww All charges Here.

💰 Brokerage Charges

Let’s now talk about what actually matters — how much each broker charges you per trade.

SegmentAngel OneGroww
Equity Delivery₹0 for first ₹500, then lower of ₹20 or 0.1%, min ₹2Lower of ₹20 or 0.1%, min ₹5
Equity Intraday₹0 for first ₹500, then lower of ₹20 or 0.03%Lower of ₹20 or 0.1%, min ₹5
Equity Futures₹0 for first ₹500, then ₹20 per order₹20 per executed order
Equity Options₹0 for first ₹500, then ₹20 per order₹20 per executed order
Currency & Commodity₹0 for first ₹500, then ₹20 per order❌ Not available
Call & Trade₹20/order₹20/order
Auto Square Off₹20₹20

So in trading terms:

🧾 Other Charges (Only Key Ones That Matter)

Here’s a simple breakdown of important non-brokerage charges that often go unnoticed:

Charge TypeAngel OneGroww
DP Charges (per ISIN)₹20 + GST₹20 + GST
Pledge (Margin)₹5 (CDSL) + ₹15 (Angel) + GST₹5 (CDSL) + ₹15 (Groww) + GST
Demat / Remat₹50 per certificate₹150 per certificate + courier charges
Cheque Bounce₹350₹350
Physical Statements₹50₹10 per page
Interest on Late Payment1.5% per month14.99% per annum
UPI Mandate Users (Groww)1% of order value, no max cap
API ChargesNone₹499/month for full access

Also, Angel One doesn’t charge AMC for BSDA users, which is great for investors with smaller portfolios.

Groww’s charges seem light, until you look at UPI mandate trades — 1% of order value without a cap can be brutal for high-volume traders. Also, serious traders would need to pay extra for API access — something Angel One includes by default.

Groww vs Angel One – Charges & Brokerage Rating

CriteriaAngel OneGroww
Account Opening & AMC⭐⭐⭐⭐ (4/5)⭐⭐⭐⭐⭐ (5/5)
Equity Delivery & Intraday⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)
F&O & Trading Tools⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)
Hidden/Extra Charges⭐⭐⭐ (3/5)⭐⭐ (2/5)
Overall Score⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)

Angel One offers better value for active traders and advanced users with a full suite of services and slightly cheaper post-offer rates. Groww is simpler and cheaper for investors — but can get expensive if you use advanced features or trade frequently via UPI.

Government Charges – No Escape, It’s the Same for All

Let’s take a break from comparing Groww vs Angel One — because when it comes to government taxes and regulatory charges, it doesn’t matter which broker you choose. Everyone plays by the same rules here.

These are the standard charges applied to all trades, no matter which platform you’re on:

You don’t need to worry about these while choosing a broker — both Groww and Angel One pass on these charges at actuals, as per regulations. We’ve added a screenshot in the blog showing the full breakup for reference.

Groww vs Angel One – Government Charges

So, in short: no winner here — it’s a tie.

Real Trade Comparison – Same Transaction on Both Platforms

Suppose you buy 100 shares at ₹500 and sell them at ₹700. Here’s how both brokers compare for an equity delivery trade:

MetricAngel OneGroww
Buy Price₹500₹500
Sell Price₹700₹700
Quantity100 shares100 shares
Gross P&L₹20,000₹20,000
Brokerage₹40.00₹40.00
Other Charges₹163.16₹139.04
DP ChargesIncluded (₹20)Not Included (₹18.25 + GST)
Net P&L (Before DP Deduction)₹19,820.96₹19,820.96
Adjusted Net P&L₹19,796.8419,799.51 (after deducting ₹21.45 DP)

⚠️ Note: Groww’s calculator excludes the DP charge (~₹18.25 + GST), so we’ve deducted it manually for a fair comparison.

✅ Verdict

Once we account for all charges, including DP fees, Groww still ends up being marginally more profitable by ₹2.67 on this specific delivery trade.

However, this gap is extremely small. In real trading, your actual profit can swing based on order types, volume, and even payment methods (like UPI Mandate fees in Groww).

So yes, Groww is technically cheaper in this one case — but Angel One’s consistent pricing, broader product coverage, and built-in features make it more reliable for high-volume traders.

Customer Support & User Reviews

Let’s face it — everything works fine until something goes wrong. That’s when you really find out how good your broker is. Whether it’s a stuck withdrawal, a failed order, or a margin error, responsive customer support can save you time, money, and a lot of frustration.

Here’s how Angel One vs Groww compare when it comes to customer support and user experience.

Angel One: Full-Service Support with Offline Presence

Angel One offers a wide range of support options — and not just online.

In short, it’s a full-fledged support system — especially useful for traders who prefer speaking to a human when things go south.

Groww: Digital-Only Support That Often Feels… Digital

Groww offers a cleaner interface, but its support system can feel limited — especially when you’re in a hurry.

The problem isn’t access — it’s speed. Many users report delayed responses to emails and callbacks, and the in-app support can feel slow or robotic. It’s enough for casual investors, but not ideal during urgent trading issues.

🛠️ Support Comparison Table – Groww vs Angel One

Support FeatureAngel OneGroww
Phone Support✅ Toll-free (1800 1020)🚫 No direct calls (callback only)
Email Supportsupport@angelone.insupport@groww.in
In-App Ticketing✅ Yes✅ Yes
Offline Branch Support✅ Yes (pan-India)❌ None
Response Speed (User Reviews)⭐⭐⭐⭐ (Generally responsive)⭐⭐ (Laggy, delayed)
Escalation or Follow-up✅ Trackable via call/email🚫 No proper follow-up system
Verdict

Angel One takes this round easily. If you ever run into a serious issue, you’ll appreciate the ability to call support, walk into an office, or even escalate your ticket via multiple channels.

Groww is decent for basic help — but response times and lack of direct phone support make it feel underpowered, especially for active traders or during high-volume market hours.

Conclusion – Groww vs Angel One: Which One Should You Pick?

So after comparing everything — from trust and features to charges and support — one thing is clear:

Groww and Angel One are built for completely different kinds of investors.

Groww is clean, modern, and beginner-friendly. It’s perfect if you’re investing in mutual funds, buying a few stocks, or checking your SIPs during lunch break. But once you step into serious trading — or want support when something breaks — Groww begins to feel limited.

Angel One, on the other hand, is the trader’s playground. It comes with more tools, more products, better customer service, and still manages to keep costs competitive. Yes, it’s slightly heavier to navigate for first-timers, but if you’re looking for long-term capability, it’s the more powerful option.

Final Star Summary – Groww vs Angel One

CategoryAngel OneGroww
Trust & Background⭐⭐⭐⭐⭐ (5/5)⭐⭐⭐⭐ (4/5)
Product & Feature Offering⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)
Charges & Brokerage⭐⭐⭐⭐ (4/5)⭐⭐⭐ (3/5)
Government Charges⭐⭐⭐⭐⭐ (5/5)⭐⭐⭐⭐⭐ (5/5)
Customer Support⭐⭐⭐⭐ (4/5)⭐⭐ (2/5)
Overall Score22/2517/25

🏁 Final Verdict

And remember — you can always start with Groww and upgrade to Angel One when your trading gets serious. Or use both for different purposes (many investors do!).

Ready to trade like a pro? Open your free Angel One account today and get started with powerful tools and low brokerage.

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FAQs – Groww vs Angel One

Q1. Which is better for beginners: Groww or Angel One?
Groww is more beginner-friendly with a clean interface and simple features. It’s perfect for mutual fund investors and occasional stock buyers.

Q2. Does Angel One charge an annual maintenance fee (AMC)?
Yes, but only for non-BSDA accounts. It’s free for the first year and remains free if your holdings are under ₹4 lakh.

Q3. Can I trade in commodities and currencies with Groww?
No. Groww does not support commodities or currency trading. Angel One offers both.

Q4. Who offers better customer support?
Angel One wins here. It offers phone, email, in-app, and even offline branch support. Groww’s support is limited and often delayed.

Q5. Which one has lower brokerage?
Both charge ₹20 per order, but Angel One often turns out cheaper for intraday and high-volume trades due to its lower percentage-based model and no API fees.

Q6. Can I open both Groww and Angel One accounts?
Yes, many investors use both — Groww for mutual funds and casual investing, Angel One for full-fledged trading and derivatives.

Q7. Is Angel One safe and SEBI-registered?
Yes. Angel One is a listed company, SEBI-registered, and has been in the market since 1996.

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