When it comes to choosing a stockbroking platform, investors often find themselves comparing Angel One and Groww. Both platforms offer unique features and services, making the decision challenging. Here is a comprehensive comparison between Angel One and Groww, covering various aspects such as account features, brokerage charges, investment offerings, customer service, trading platforms, research reports, and demat charges. By examining these factors, investors can make an informed choice that aligns with their investment goals.

Open an account with Angel One once you complete reading this post.

Angel One VS Groww Plan Options

Both Angel One and Groww do not offer multiple plan options, including monthly plans or yearly plans. It suggests that both platforms may have a uniform fee structure or a single plan option for their users.

Angel One VS Groww Brokerage Charges

Angel One:

Plan Name: Angel iTrade Prime Plan
Equity Delivery: Free
Equity Intraday: Flat Rs 20 or 0.25% (whichever is lower)
Equity Futures: Flat Rs 20 or 0.25% (whichever is lower)
Equity Options: Flat Rs 20 or 0.25% (whichever is lower)
Currency Futures: Flat Rs 20 or 0.25% (whichever is lower)
Currency Options: Flat Rs 20 or 0.25% (whichever is lower)
Commodity Trading: Flat Rs 20 or 0.25% (whichever is lower)
Minimum Brokerage: NIL
Hidden Charges: Information Not Available
Funding: Available with 18% interest per annum
Call & Trade Charges: Rs 20 per order
Auto Square off Charges: Rs 20 per order

Groww:

Plan Name: Flat Brokerage Plan
Equity Delivery: 0.05% or Rs 20 (whichever is lower)
Equity Intraday: 0.05% or Rs 20 (whichever is lower)
Equity Futures: Flat fee Rs 20
Equity Options: Flat fee Rs 20
Currency Futures: Not Available
Currency Options: Not Available
Commodity Trading: Not Available
Minimum Brokerage: NIL
Hidden Charges: Information Not Available
Funding: Information Not Available
Call & Trade Charges: Rs 50 per executable order
Auto Square off Charges: Rs 50 per executable order

Check out our article on Angel One Vs Upstox Charges Comparison.

Angel One VS Groww Transaction Charges

Angel One:

Equity Delivery: Rs 335 per Cr
Equity Intraday: Rs 335 per Cr
Equity Futures: Rs 200 per Cr
Equity Options: Rs 5050 per Cr
Currency Futures: Rs 90 per Cr
Currency Options: Rs 3500 per Cr
Commodity (Non-Agri): Rs 260 per Cr
Commodity (Agri): Rs 175 per Cr

Groww:

Equity Delivery: Rs 335 per Cr
Equity Intraday: Rs 335 per Cr
Equity Futures: Rs 200 per Cr
Equity Options: Rs 5050 per Cr
Currency Futures: Rs 90 per Cr
Currency Options: Rs 3500 per Cr
Commodity: Not Available

Angel One VS Groww Account Features

Angel One:

3 in 1 Account: No, Angel One offers a 2-in-1 account (Demat and Trading account).
Charting: Yes
Algo Trading: Yes
SMS Alerts: Yes
Online Demo: Yes
Online Portfolio: Yes
Margin Trading Funding Available: Yes
Combined Ledger for Equity and Commodity: Yes
Intraday Square-off Time: 3:15 PM
NRI Trading: No
Other Features: Trading software terminal: ODIN(Angel) diet

Groww:

3 in 1 Account: No, Groww does not offer a 3-in-1 account.
Charting: Yes
Algo Trading: No
SMS Alerts: No
Online Demo: No
Online Portfolio: Yes
Margin Trading Funding Available: Yes
Combined Ledger for Equity and Commodity: No
Intraday Square-off Time: 3:10 PM
NRI Trading: No
Other Features: NIL (Not specified)

Angel One VS Groww Trading Platform

1. Desktop Trading Platform:

Angel One: Angel Speed Pro
Groww: No specific desktop platform mentioned

2. Desktop Demo:

Angel One: Desktop demo available
Groww: Information not available

3. Desktop Platform (Windows):

Angel One: Yes
Groww: No

4. Desktop Platform (Mac):

Angel One: No
Groww: No

5. Web Trading Platform:

Angel One: Yes, accessible at https://trade.angelbroking.com/
Groww: Yes

6. Web Trading Demo:

Angel One: Web trading demo available
Groww: Information not available

7. Mobile Site:

Angel One: Yes
Groww: Yes

8. Mobile Trading:

Angel One: Yes
Groww: Yes

9. Mobile Trading App:

Angel One: Angel One Mobile App
Groww: Yes

10. Mobile Trading App Demo:

Angel One: Angel One Mobile App demo available
Groww: Information not available

11. Android Mobile App:

Angel One: Yes
Groww: Yes

12. Android App Download:

Angel One: Download available for Angel One Mobile App
Groww: Android app download available

13. iPhone Mobile App (iOS):

Angel One: Yes
Groww: Yes

14. iOS App Download:

Angel One: Download available for Angel One Mobile App (iOS)
Groww: iOS app download available

15. Android Tablet App:

Angel One: Yes
Groww: Yes

16. iPad App (iOS):

Angel One: Yes
Groww: Yes

17. Trading Software Charges:

Angel One: Free
Groww: Free

Angel One vs Groww Investment Offerings

1. Equity Cash and F&O:

Angel One: Yes
Groww: Yes

2. Currency Derivatives:

Angel One: Yes
Groww: No

3. Commodity:

Angel One: Yes
Groww: No

4. Online IPO Application:

Angel One: No
Groww: Yes

5. Mutual Funds:

Angel One: Yes
Groww: Yes

6. Bond / NCD:

Angel One: Yes
Groww: No

7. ETF:

Angel One: Yes
Groww: Yes

8. Banking:

Angel One: No
Groww: No

9. Insurance:

Angel One: Yes
Groww: No

10. Forex:

Angel One: No
Groww: No

11. MF SIP Investment:

Angel One: Yes
Groww: Yes

12. Equity SIP Investment:

Angel One: No
Groww: No

13. PMS Service:

Angel One: Yes
Groww: No

14. Other Investment Options:

Angel One: NIL (Not specified)
Groww: NIL (Not specified)

Open an account with Upstox.

Angel One vs Groww Order Types

1. CNC order:

Angel One: Yes
Groww: Yes

2. MIS order:

Angel One: Yes
Groww: Yes

3. NRML order:

Angel One: Yes
Groww: Yes

4. Cover order:

Angel One: Yes
Groww: No

5. Bracket order:

Angel One: No
Groww: No

6. AMO (After Market Orders):

Angel One: Yes
Groww: No

7. GTC (Good Till Cancelled):

Angel One: Yes
Groww: No

Angel One VS Groww Research Reports, Tips

1. Research Mutual Funds:

Angel One: No
Groww: No

2. Research Equity Reports:

Angel One: No
Groww: No

3. Research ETF:

Angel One: No
Groww: No

4. Daily Market Report:

Angel One: Yes
Groww: No

5. Free Tips:

Angel One: Yes
Groww: No

6. Quarterly Result Analysis:

Angel One: Yes
Groww: No

7. News Alerts:

Angel One: Yes
Groww: No

Angel One VS Groww Demat Charges

1. DP Source:

Angel One: CDSL
Groww: CDSL

2. DP ID:

Angel One: 33200
Groww: Not specified

3. Demat Account Annual Maintenance Charges (AMC):

Angel One: ₹450 per annum
Groww: Zero

4. Advance Deposit:

Angel One: Nil
Groww: Nil

5. Statutory Charges:

Angel One: Nil
Groww: Legal Charges

6. Transaction Charges on Debit (Per ISIN):

Angel One: ₹20 + ₹5.50 (CDSL Charges) for every transaction
Groww: ₹8 + ₹5.50 (CDSL charges)

7. Demat:

Angel One: ₹50 per certificate
Groww: ₹150 per certificate + courier charges

8. Remat:

Angel One: ₹50 + CDSL Charges
Groww: ₹150 per certificate + courier charges

9. Pledge Creation:

Angel One: ₹25 per transaction
Groww: ₹20 + ₹12 per request (CDSL Charges)

10. Pledge Creation Confirmation:

Angel One: Nil
Groww: ₹20 + ₹12 per request (CDSL Charges)

11. Pledge Closure:

Angel One: ₹25 per transaction
Groww: ₹20 + ₹12 per request (CDSL Charges)

12. Pledge Closure Confirmation:

Angel One: Nil
Groww: ₹20 + ₹12 per request (CDSL Charges)

13. Pledge Invocation:

Angel One: Nil
Groww: ₹20 + ₹12 per request (CDSL Charges)

14. Failed Instruction Charges:

Angel One: Nil
Groww: ₹50

15. Other Charges:

Angel One: Nil
Groww: Nil

Go through our article on How to Add Nominee in Angel One Demat Account.

Angel One VS Groww Customer Service

Based on the information provided, here is a comparison of the customer service features between Angel One and Groww:

1. 24/7 Customer Service:

Angel One: No
Groww: No

2. Email Support:

Angel One: Yes
Groww: Yes

3. Online Live Chat:

Angel One: Yes
Groww: Yes

4. Phone Support:

Angel One: Yes
Groww: Yes

5. Toll-Free Number:

Angel One: No
Groww: No

6. Through Branches:

Angel One: Yes
Groww: No

7. Customer Care Number:

Angel One: 022-33551111/022-42185454
Groww: 9108800604

8. Account Opening Process:

Angel One: Online/Paperless
Groww: Online

9. Customer Support Email:

Angel One: support@angelbroking.com
Groww: support@groww.in

10. Knowledge Center/Education:

Angel One: Knowledge Center available at https://www.angelone.in/knowledge-center
Groww: Knowledge Center available at https://groww.in/academy

Conclusion

In conclusion, the comparison between Angel One and Groww reveals distinct characteristics and offerings. Investors must evaluate their individual preferences, trading requirements, and investment goals to determine which platform aligns better with their needs.

Go through our YouTube video on Upstox vs Zerodha vs Angel One vs Groww vs Paytm Money.

https://dematdive.com/angel-one-vs-groww/