Angel One vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of Angel One vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Angel One and Groww.

Background

Year of Incorporation 1987 2017
Website https://www.angelone.in/ https://groww.in/
Phone 18001020 +91 9108800604
Exchanges enabled NSE, BSE, MCX, & NCDEX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 20 or 0.03% per executed order Rs 20 or 0.05% per order
Equity Futures Rs 20 per executed order Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order Not Available
Currency Options Rs 20 per executed order Not Available
Commodity Rs 20 per executed order Not Available
Account Opening Costs

Trading only Free Free
Trading & Demat Rs 0 Rs. 0
Commodity Rs 200 Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.0025% of Turnover 0.0035%
Options 0.06% of Premium Turnover 0.07%
Commodities 0.003% of Turnover 0.004%
AMC charge Rs 250 Rs 0
DP Transaction Charge Rs 25 per debit Transaction Rs.13.5 per Scrip
Offline order placing Charge Nil Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 22 days
End of Day 5 Years on ODIN 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10x 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 4x for Intraday Upto 2x for intraday
Equity Options Upto 3x for Shorting Intraday No leverage
Currency Futures Upto 2x for Intraday Upto 2x for intraday
Currency Options Upto 2x for Shorting Intraday No leverage
Commodity Upto 3x for Intraday Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 50.3 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 53.6 Crores Rs 78.48 crores
Profit after Tax FY13/14 Rs 67.51 Crores Rs 83.78 Crore
Profit after Tax FY 14/15 Rs 82.95 Crores Rs 95.92 Crore
Profit after Tax FY 15/16 Rs 95.74 Crores Rs 102.85 Crore
Profit after Tax FY 16/17 Rs 108.58 Crores Rs 110.14 Crore
Profit after Tax FY 17/18 Rs 118.18 Crores Rs 126.09 Crore
Profit after Tax FY 18/19 Rs 123.62 Crores Rs 145.68 Crore
Profit after Tax FY 19/20 Rs 143.06 Crores Rs 150.61 Crore
Profit after Tax FY 20/21 Rs 153.88 Crores Rs 151.70 Crore
Profit after Tax FY 21/22 Rs 162.39 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 176.90 Crores Rs 265.65 Crore
Debt FY11/12 Rs 50.5 Crores Rs 51 Crores
Debt FY12/13 Rs 114.7 Crores Rs 41.5 Crores
Debt FY13/14 Rs 141.6 Crores Rs 42.93 Crores
Debt FY14/15 Rs 151 Crores Rs 49.48 Crores
Debt FY15/16 Rs 163.50 Crores Rs 41.73 Crores
Debt FY16/17 Rs 169.12 Crores Rs 54.26 Crores
Debt FY17/18 Rs 217.15 Crores Rs 69.77 Crores
Debt FY18/19 Rs 232.02 Crores Rs 57.16 Crores
Debt FY19/20 Rs 228.87 Crores Rs 51.39 Crores
Debt FY20/21 Rs 293.81 Crores Rs 57.47 Crores
Debt FY21/22 Rs 288.15 Crores Rs 77.59 Crores
Debt FY22/23 Rs 298.29 Crores Rs 80.11 Crores
Profit to Equity(%) FY11/12 18.76 12.90%
Profit to Equity(%) FY12/13 17.93 12.38%
Profit to Equity(%) FY13/14 15.61 14.86%
Profit to Equity(%) FY14/15 14.25 17.05%
Profit to Equity(%) FY15/16 18.51 14.29%
Profit to Equity(%) FY16/17 17.08 19.11%
Profit to Equity(%) FY17/18 18.64 21.51%
Profit to Equity(%) FY18/19 17.14 18.17%
Profit to Equity(%) FY19/20 17.65 14.49%
Profit to Equity(%) FY20/21 17.30 18.46%
Profit to Equity(%) FY21/22 20.47 14.70%
Profit to Equity(%) FY22/23 22.18 20.75%
Balance Sheet Size FY11/12 Rs 842 Crores Rs 2264 Crores
Balance Sheet Size FY12/13 Rs 960 Crores Rs 2596.15 Crores
Balance Sheet Size FY13/14 Rs 1050 Crores Rs 2803.40 Crores
Balance Sheet Size FY14/15 Rs 1262 Crores Rs 2936.36 Crores
Balance Sheet Size FY15/16 Rs 1494.35 Crores Rs 3133.57 Crores
Balance Sheet Size FY16/17 Rs 1695.90 Crores Rs 3544.52 Crores
Balance Sheet Size FY17/18 Rs 1665.87 Crores Rs 3952.01 Crores
Balance Sheet Size FY18/19 Rs 1702.03 Crores Rs 4280.32 Crores
Balance Sheet Size FY19/20 Rs 1889.93 Crores Rs 4476 Crores
Balance Sheet Size FY20/21 Rs 1909.36 Crores Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 1975.91 Crores Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 2071.80 Crores Rs 5994.78 Crores

Comparison Link:

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Frequently Asked Questions

Is Angel One better than Groww ?

Angel One and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww better than Angel One ?

Angel One and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Angel One cheaper than Groww ?

Angel One and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Groww cheaper than Angel One ?

Angel One and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Angel One vs. Groww ?

To find out the better of the two stockbrokers Angel One and Groww, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.