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Angel One Vs Groww Comparison

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Table of Contents

Angel One VS Groww Plan Options

Angel One VS Groww Brokerage Charges

Angel One VS Groww Transaction Charges

Angel One VS Groww Account Features

Angel One VS Groww Trading Platform

Angel One vs Groww Investment Offerings

Angel One vs Groww Order Types

Angel One VS Groww Research Reports, Tips

Angel One VS Groww Demat Charges

Angel One VS Groww Customer Service

Conclusion

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. 

Young woman checking Angel One Vs Groww Comparison

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:

10. Knowledge Center/Education:

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/


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