| Metric | G Groww | A Angel One |
|---|---|---|
| Rating | ★★★★★★★★★★ 4.0/5 | ★★★★★★★★★★ 3.6/5 |
| Account opening fee | ₹0 | ₹0 |
| AMC | ₹0 | ₹240/yr (1st yr free) |
| DP Charges | ₹20 | ₹20 |
| Equity Delivery brokerage | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 or 0.1% (whichever is lower, minimum ₹5) |
| Intraday brokerage | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 or 0.1% (whichever is lower, minimum ₹5) |
| F&O Futures brokerage | ₹20 | ₹20 |
| Options brokerage | ₹20 | ₹20 |
| Currency Futures brokerage | Unsupported | ₹20 |
| Options brokerage | Unsupported | ₹20 |
| Commodity Futures brokerage | ₹20 | ₹20 |
| Options brokerage | ₹20 | ₹20 |
Groww vs Angel One Brokerage Comparison
Here's the brokerage Groww vs Angel One charge on a ₹1,00,000 turnover, along with other charges like STT, CTT, stamp duty, SEBI charges, transaction charges and GST — so you can see the real, all-in cost of trading in each segment.
Equity F&O Currency Commodity | ||
|---|---|---|
| Metric | G Groww | A Angel One |
| Turnover | ₹1,00,000.00 | ₹1,00,000.00 |
| Brokerage Rate | ₹20 or 0.1% (whichever is lower, minimum ₹5) | ₹20 or 0.1% (whichever is lower, minimum ₹5) |
| Brokerage Applicable | ₹20.00 | ₹20.00 |
| STT | ₹100.00 | ₹100.00 |
| Exchange Charges | ₹2.97 | ₹2.97 |
| GST | ₹4.15 | ₹4.15 |
| SEBI Charges | ₹0.10 | ₹0.10 |
| Stamp Duty | ₹15.00 | ₹15.00 |
| Total Tax and Charges | ₹142.22 | ₹142.22 |
* Actual charges may vary slightly by broker plan — always check the contract note.
Groww vs Angel One Company Information
Key company facts for Groww vs Angel One — broker type, founders, headquarters, depository and the exchanges and instruments each one supports.
| Detail | G Groww | A Angel One |
|---|---|---|
| Company Name | Billionbrains Garage Ventures Pvt Ltd | Angel One Limited |
| Broker Type | Discount Broker | Full-Service Broker |
| Founded | 2016 | 8 August 1996 |
| Founders | Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal | Dinesh Thakkar |
| Funding | Venture Funded (Tiger Global, Peak XV, YC and others) | Publicly Listed (NSE: ANGELONE, BSE: 543235) |
| Headquarters | Bengaluru, Karnataka | Mumbai, Maharashtra |
| Depository | CDSL | CDSL |
| Exchange | NSE, BSE | NSE, BSE, MCX, NCDEX |
| Investment | Stocks, IPO, Mutual Funds, US Stocks, ETFs, Futures, Options, Digital Gold | Stocks, IPO, Mutual Funds, Futures, Options, Commodities, Currency, Portfolio Management |
Groww vs Angel One: Which Should You Choose?
Groww and Angel One sit at opposite ends of the industry's timeline. Groww is a young, VC-backed discount broker — launched in 2016 by Billionbrains Garage Ventures and funded by Tiger Global, Peak XV and Y Combinator. Angel One (formerly Angel Broking) has been around since 1996, founded by Dinesh Thakkar, and has since evolved from a full-service broker into a publicly listed company (NSE: ANGELONE, BSE: 543235) with a large in-house research desk and advisory arm layered on top of its trading platform.
Pricing is close on paper: both charge ₹20 or 0.1% of trade value (minimum ₹5) on equity delivery and intraday, and both charge ₹20 flat on F&O. The real difference is in AMC — Groww charges ₹0 for the account's lifetime, while Angel One charges ₹240/yr (waived in the first year). DP charges are identical at ₹20 for both brokers.
Where the two diverge more is product breadth. Groww covers stocks, IPOs, mutual funds, US stocks, ETFs, F&O and digital gold, but skips currency and commodity trading. Angel One supports the full range — stocks, IPO, mutual funds, F&O, commodities, currency and portfolio management — across NSE, BSE, MCX and NCDEX. If you want a no-frills app to invest without distraction, Groww's zero-AMC account is hard to beat. If you value research reports, advisory support, and a broader product suite (including PMS) bundled into your trading account, Angel One's decades-old full-service legacy gives it the edge. The comparison table above has the exact current numbers.
Frequently Asked Questions
Is Angel One better than Groww for research and advisory?
Yes, Angel One has an in-house research desk and advisory services built on nearly three decades in the business, which Groww generally does not focus on. If research reports and analyst recommendations matter to you, Angel One has the edge.
Which has lower AMC, Groww or Angel One?
Groww — its AMC is ₹0 for the account's lifetime, while Angel One charges ₹240/yr after a free first year. Equity delivery, intraday and DP charges are otherwise nearly identical between the two, so AMC is usually the deciding factor on cost.
Is Groww good enough for F&O trading compared to Angel One?
Groww has expanded its F&O offering significantly and charges the same flat ₹20 as Angel One on options. Angel One's longer track record, wider exchange access (including NCDEX for commodities) and in-house tools may suit traders who want more built-in analysis and a broader product suite.
Groww vs Angel One Review Comparison
What real users are saying about Groww vs Angel One — read verified reviews side by side before you decide.