Angel Broking Vs Groww (Compare Angel Broking and Groww)


Angel Broking
Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India offering online discount brokerage services. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel Broking is a strong neighborhood presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India as of June 30, 2018.. ... Know more about Angel Broking Ltd


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

Expand

Angel Broking Vs Groww

Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Angel Broking Groww
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Account Type Angel iTrade PRIME Standard Plan
Year of Incorporation 1987 2016
Number of Branches 900 0
Expand

Angel Broking Vs Groww Charges & AMC

Angel Broking trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0. Angel Broking Demat Account AMC Charges is Rs 450 (from 2nd year) and Groww Demat Account AMC Charges is Rs 0.

  Angel Broking Groww
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 450 (from 2nd year) Rs 0
Expand

Angel Broking Vs Groww Brokerage Charges & Plans

Angel Broking Vs Groww Brokerage

Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order 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.

  Angel Broking Groww
Account Type Angel iTrade PRIME Standard Plan
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Flat Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Flat Rs 20 per executed order NA
Equity Options Flat Rs 20 per executed order NA
Currency Futures Flat Rs 20 per executed order NA
Currency Options Flat Rs 20 per executed order NA
Commodity Futures Flat Rs 20 per executed order NA
Commodity Options Flat Rs 20 per executed order NA
Special Offer
Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account

Angel Broking Charges Vs Groww

Minimum Brokerage Equity Rs 20 | F&O Rs 30 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 Additional Rs 20 per executed order NA
Expand

Angel Broking Vs Groww Transaction Charges

Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Groww exchange transaction charges for options is NA.

  Angel Broking Groww
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) NA
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) NA
Currency Futures Rs 190 per Cr (0.0019%) NA
Currency Options NSE Rs 5000 per Cr (0.05%)(on premium) NA
Commodity MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) NA
Expand

Angel Broking Vs Groww Leverage (Margin)

Angel Broking provides the margin of Upto 10x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

  Angel Broking Groww
Equity Delivery Upto 3x with 24% interest per year 1x (no margin)
Equity Intraday Upto 10x Up to 8x (based on the stock)
Equity Futures Upto 4x NA
Equity Options 3x for shorting NA
Currency Futures Upto 2x NA
Currency Options Upto 5x for shorting NA
Commodity Futures 3x NA
Commodity Options NA
Expand

Compare Angel Broking and Groww Features

The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). Groww offers Groww trading software.

  Angel Broking 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 Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) Groww
Intraday Square-off Time 3:15 PM 3:10 PM
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Referral Program Yes
Expand

Angel Broking Vs Groww Review

Angel Broking is rated 2.7 of 5 based on 230 customer reviews whereas Groww is rated 3.7 of 5 based on 19 customer reviews.

  Angel Broking Groww
  230 Customer Reviews    Rate Angel Broking 19 Customer Reviews    Rate Groww
Fees 3.0 4.4
Brokerage 3.0 3.9
Trading Platform 3.1 3.7
Customer Service 2.6 3.4
Research Capabilities 2.7 2.2
Overall Ratings Rated 2.7 stars Rated 3.7 stars
Broker Rating Angel Broking is rated 2.7 of 5 based on 230 customer reviews Groww is rated 3.7 of 5 based on 19 customer reviews
Expand

Contact Broker / Request A Call Back

  Angel Broking Enquire Groww Enquire
Contact Broker

Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account

Leave your contact information and we will get in touch with you....

Expand

Angel Broking Vs Groww Investment Options

  Angel Broking 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
Expand

Angel Broking Vs Groww Order Type Offered

  Angel Broking Groww
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) No No
Expand

Angel Broking Vs Groww Research Report

  Angel Broking Groww
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Angel Broking Vs Groww Suitable For Investor Type

  Angel Broking Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

Angel Broking Vs Groww - Pros and Cons

  Angel Broking Groww
Pros
  1. Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  2. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  3. Pay flat Rs 20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity.
  4. Allows trade in commodity exchanges, MCX and NCDEX
  5. Easy-to-use online trading platforms
  6. High Quality Research Reports
  7. Free trading software - mobile, website and trading terminal.
  • 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
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • 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

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Compare More Brokers...

Angel Broking Groww
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App