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

Find a Comparison of Groww vs Angel One 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 Groww and Angel One.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 10x
Equity Futures Upto 2x for intraday Upto 4x for Intraday
Equity Options No leverage Upto 3x for Shorting Intraday
Currency Futures Upto 2x for intraday Upto 2x for Intraday
Currency Options No leverage Upto 2x for Shorting Intraday
Commodity Upto 2x for intraday Upto 3x 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 70.6 crores Rs 50.3 Crores
Profit after Tax FY12/13 Rs 78.48 crores Rs 53.6 Crores
Profit after Tax FY13/14 Rs 83.78 Crore Rs 67.51 Crores
Profit after Tax FY 14/15 Rs 95.92 Crore Rs 82.95 Crores
Profit after Tax FY 15/16 Rs 102.85 Crore Rs 95.74 Crores
Profit after Tax FY 16/17 Rs 110.14 Crore Rs 108.58 Crores
Profit after Tax FY 17/18 Rs 126.09 Crore Rs 118.18 Crores
Profit after Tax FY 18/19 Rs 145.68 Crore Rs 123.62 Crores
Profit after Tax FY 19/20 Rs 150.61 Crore Rs 143.06 Crores
Profit after Tax FY 20/21 Rs 151.70 Crore Rs 153.88 Crores
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 162.39 Crores
Profit after Tax FY 22/23 Rs 265.65 Crore Rs 176.90 Crores
Debt FY11/12 Rs 51 Crores Rs 50.5 Crores
Debt FY12/13 Rs 41.5 Crores Rs 114.7 Crores
Debt FY13/14 Rs 42.93 Crores Rs 141.6 Crores
Debt FY14/15 Rs 49.48 Crores Rs 151 Crores
Debt FY15/16 Rs 41.73 Crores Rs 163.50 Crores
Debt FY16/17 Rs 54.26 Crores Rs 169.12 Crores
Debt FY17/18 Rs 69.77 Crores Rs 217.15 Crores
Debt FY18/19 Rs 57.16 Crores Rs 232.02 Crores
Debt FY19/20 Rs 51.39 Crores Rs 228.87 Crores
Debt FY20/21 Rs 57.47 Crores Rs 293.81 Crores
Debt FY21/22 Rs 77.59 Crores Rs 288.15 Crores
Debt FY22/23 Rs 80.11 Crores Rs 298.29 Crores
Profit to Equity(%) FY11/12 12.90% 18.76
Profit to Equity(%) FY12/13 12.38% 17.93
Profit to Equity(%) FY13/14 14.86% 15.61
Profit to Equity(%) FY14/15 17.05% 14.25
Profit to Equity(%) FY15/16 14.29% 18.51
Profit to Equity(%) FY16/17 19.11% 17.08
Profit to Equity(%) FY17/18 21.51% 18.64
Profit to Equity(%) FY18/19 18.17% 17.14
Profit to Equity(%) FY19/20 14.49% 17.65
Profit to Equity(%) FY20/21 18.46% 17.30
Profit to Equity(%) FY21/22 14.70% 20.47
Profit to Equity(%) FY22/23 20.75% 22.18
Balance Sheet Size FY11/12 Rs 2264 Crores Rs 842 Crores
Balance Sheet Size FY12/13 Rs 2596.15 Crores Rs 960 Crores
Balance Sheet Size FY13/14 Rs 2803.40 Crores Rs 1050 Crores
Balance Sheet Size FY14/15 Rs 2936.36 Crores Rs 1262 Crores
Balance Sheet Size FY15/16 Rs 3133.57 Crores Rs 1494.35 Crores
Balance Sheet Size FY16/17 Rs 3544.52 Crores Rs 1695.90 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crores Rs 1665.87 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Crores Rs 1702.03 Crores
Balance Sheet Size FY19/20 Rs 4476 Crores Rs 1889.93 Crores
Balance Sheet Size FY20/21 Rs 4627 Crores Rs 1909.36 Crores
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 1975.91 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 2071.80 Crores

Comparison Link:

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Frequently Asked Questions

Is Groww better than Angel One ?

Groww and Angel One 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 better than Groww ?

Groww and Angel One 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 cheaper than Angel One ?

Groww and Angel One 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 Angel One cheaper than Groww ?

Groww and Angel One 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 Groww vs. Angel One ?

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