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Anand Rathi Vs Groww (Compare Anand Rathi and Groww)

Anand Rathi Logo

About Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi

Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Anand Rathi Vs Groww

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Anand Rathi Groww
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX NSE and BSE
Year of Incorporation 1994 2016
Number of Branches 1200 0
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Anand Rathi Vs Groww Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while Groww account opening changes is Rs 0. Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and Groww Demat Account AMC Charges is Rs 0.

  Anand Rathi Groww
Trading Account Opening Charges Rs 552 (including GST) Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 450 from second year onward Rs 0

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Anand Rathi Vs Groww Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type Anand Rathi Standard Plan Groww Standard Plan
Fixed Charges NA NA
Equity Delivery 0.5% - 0.15% Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday 0.05% -0.015% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.05% - 0.015% Rs 20 per executed order
Equity Options Rs 75 to Rs 20 Rs 20 per executed order
Currency Futures 0.05% - 0.015% NA
Currency Options Rs 75 to Rs 20 NA
Commodity Futures 0.008% - 0.05% NA
Commodity Options NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Anand Rathi Charges Vs Groww

Minimum Brokerage Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges NA

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Anand Rathi Vs Groww Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Groww exchange transaction charges for options is NSE: 0.053% on premium.

  Anand Rathi Groww
Equity Delivery NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side) NSE: 002%
Equity Options Rs 7000 per Cr (0.07%) NSE: 0.053% on premium
Currency Futures Rs 350 per Cr (0.0035%) NA
Currency Options Rs 7000 per Cr (0.07%) NA
Commodity Rs 350 per Cr (0.0035%) NA
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Anand Rathi Vs Groww Leverage (Margin)

Anand Rathi margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Anand Rathi Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Anand Rathi and Groww Features

The trading platforms offered Anand Rathi include Trade X. Groww offers Groww trading software.

  Anand Rathi Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Trade X Groww
Intraday Square-off Time 3:15 PM 3:10 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
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Anand Rathi Vs Groww Review

Anand Rathi is rated 3.1 of 5 based on 16 customer reviews whereas Groww is rated 4.1 of 5 based on 60 customer reviews.

  Anand Rathi Groww
  16 Customer Reviews    Rate Anand Rathi 60 Customer Reviews    Rate Groww
Fees 3.3 4.3
Brokerage 3.3 4.1
Trading Platform 3.1 4.0
Customer Service 3.4 3.8
Research Capabilities 4.0 3.2
Overall Ratings Rated 3.1 stars Rated 4.1 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 16 customer reviews Groww is rated 4.1 of 5 based on 60 customer reviews

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Contact Broker / Request A Call Back

  Anand Rathi Enquire Groww Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Anand Rathi Vs Groww Investment Options

  Anand Rathi Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits

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Anand Rathi Vs Groww Order Type Offered

  Anand Rathi Groww
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No No
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Anand Rathi Vs Groww Research Report

  Anand Rathi Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Anand Rathi Vs Groww Suitable For Investor Type

  Anand Rathi Groww
Casual Investor Yes
Active Investor Yes
Trader

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Anand Rathi Vs Groww - Pros and Cons

  Anand Rathi Groww
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  1. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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