The side-by-side comparison of Zerodha and Groww. Compare Zerodha Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Groww?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
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...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
Zerodha trading account opening charges is Rs 200 while Groww account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.
Zerodha | Groww | |
---|---|---|
Trading Account Opening Charges | Rs 200 | Rs 0 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 0 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower 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.
Zerodha | Groww | |
---|---|---|
Account Type | Flat Brokerage Plan | Standard Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 20 per executed order or 0.05% whichever is lower |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per executed order or 0.05% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Equity Options Brokerage | Rs 20 per executed order | NA |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | NA |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | Rs 20 or 0.05% per executed order |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
Call & Trade Charges | Rs 50 per executed order | NA |
Zerodha transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Groww exchange transaction charges for options is NA.
Zerodha | 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%) | NA |
Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) | NA |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | NA |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | NA |
Commodity | Group A - Rs 260 per Cr (0.0026%) | NA |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).
Zerodha | Groww | |
---|---|---|
Equity Delivery | 1x (no margin) | 1x (no margin) |
Equity Intraday | Up to 20x (based on the stock) | Up to 8x (based on the stock) |
Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | NA |
Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | NA |
Commodity Options | NA |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Groww offers Groww trading software.
Zerodha | Groww | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | Groww |
Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:10 PM |
Other Features | Direct Mutual Funds, APIs for Algo Trading | |
Referral Program | ![]() |
Zerodha is rated 3.7 of 5 based on 411 customer reviews whereas Groww is rated 4.0 of 5 based on 10 customer reviews.
Zerodha | Groww | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
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