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Groww vs Zerodha (Compare Groww and Zerodha)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs Zerodha, Below comparison of Groww vs Zerodha highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Groww vs Zerodha is given below:

Groww

Zerodha

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	Groww	Zerodha

About The Brokers	Groww : "Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas >>> more	Zerodha : Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that >>> more
Find More Information about the Broker :	Groww : OVERVIEW BROKERAGE PRODUCTS & SERVICES	Zerodha : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Groww : Discount Broker	Zerodha : Discount Broker
Promo/offers	Groww : N/A	Zerodha : 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 online with Zerodha and start trading today.
Advantage	Groww : Free research services No DP charges on buy & low brokerage. Commission Free mutual fund investment Free Demat & Trading account, No charges on account opening Zero Clearing Charges Zero Demat AMC Charges Option to invest online in gold etfs, SGBs & gold funds	Zerodha : No Brokerage on Equity delivery & Mutual Fund. Flat rate for stock trading. Own DP services. Strong Customer service . Good Brokerage & Margin Calculator. Offers up to 20x leverage on intraday trading. Offers most advanced online trading tools. Offers facility to apply on-line IPO . Zerodha offers referral program to its customers.
Disadvantage	Groww : Does not provide a 3in1 account facility. Does not provide commodity Trading Does not provide trading options: Bracket, GTT orders, etc does not provide Margin trading facility No Call and Trade services No Margin against shares Does not offer NRI Trading	Zerodha : No margin funding. Very High charges on Call and Trade @ ₹50 per call. Charges on Funds Transfer @ ₹9 per fund transfer. Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer. Doesn't provide stock tips, research reports or recommendations. Doesn't offer Unlimited Trading Plans.
Why This	Groww : Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade. Equity intraday trade at Rs. 20 or 0.05% (whichever is lower) Groww provides mutual funds investment at Zero Fees, No transaction charges, 100% paperless online Demat account opening 128 bit SSL Encryption Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost No DP charges on buy. Highly rated Groww mobile App Facility to invest in US Stocks	Zerodha : Zerodha Charge flat rate of ₹20 per executed order. Zerodha does not charge any brokerage on Equity delivery transactions. Zerodha provides platform to invest in mutual funds. Innovative trading platform. No upfront fee, no minimum brokerage and no minimum contract charges. The largest stockbroker by active clients, market volume. Zero brokerage Direct Mutual Funds. Offers up to 20x leverage on intraday trading.
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Groww vs Zerodha Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and Zerodha Trading Account Opening Fee is Rs 200 . Groww Demat Account AMC is Rs 0 and Zerodha Demat Account AMC is Rs 300 .

	Groww	Zerodha
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 200
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 0	Demat Account AMC : Rs 300
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

Groww vs Zerodha Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	Groww	Zerodha
Plan Name	Plan Name : Basic Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : Rs 20 per executed order or 0.05% whichever is lower	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : NA	Currency Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : NA	Currency Options : Rs 20 per executed order or .03% whichever is lower
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : Rs 20
Commodity Futures	Commodity Futures : NA	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : NA	Commodity Options : Rs 20 per executed order or .03% whichever is lower
	Open Account	Open Account

Groww vs Zerodha Exchange Transaction Charges

Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) .

	Groww	Zerodha
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 335 per Cr (0.00335%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	Equity Options : NSE Rs 5050 per Cr (0.0505%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : (on premium)	Currency Options : NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : NA	Commodity : Group A - Rs 260 per Cr (0.0026%)
	Open Account	Open Account

Groww vs Zerodha Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

	Groww	Zerodha
Minimum Brokerage	Minimum Brokerage : Rs 20 or 0.05% per executed order	Minimum Brokerage : 0.03% in Intraday and F&O
Call & Trade	Call & Trade : NA	Call & Trade : Rs 50 per executed order
Stamp Duty *	Stamp Duty : -	Stamp Duty : Delivery: 0.015%, Intraday: 0.003%,
DP Charges (on sell side)	DP Charges (on sell side) : ₹8 + ₹5.50 (CDSL Charges) per ISIN	DP Charges (on sell side) : ₹13.5 per scrip
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50	Other Miscellaneous Charges : Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
	Open Account	Open Account

Groww vs Zerodha Features

Groww and Zerodha both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Groww	Zerodha
Trading Platform	Trading Platform : Groww	Trading Platform : Kite Web, Kite Mobile for Android/iOS and Coin
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : No	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : 1
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : Yes
	Open Account	Open Account

Groww vs Zerodha Demat Account Charges

A comparative table of various demat account charges between Groww and Zerodha is below:

	Groww	Zerodha
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : Rs 50 (Stamp charges payable upfront)
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Rs 0
AMC	AMC : â‚¹0 (Free)	AMC : Individuals/Non Individual (except Corporate) - Rs 300 + GST Non Individual - Corporate - Rs 1000
Dematerialisation Charges	Dematerialisation Charges : â‚¹150 per certificate + courier charges	Dematerialisation Charges : Rs 150 per certificate (+ Rs 100 Courier charges)
Rematerialisation Charges	Rematerialisation Charges : â‚¹150 per certificate + courier charges	Rematerialisation Charges : Rs 150 per certificate + CDSL charges + Rs 100 Courier charges
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : Rs 8 + Rs 5.5 (CDSL charges)
Pledge Creation Charges	Pledge Creation Charges : â‚¹20 + â‚¹12 per request (CDSL Charges)	Pledge Creation Charges : Rs 30 per request + GST
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : Rs 0
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹20	Pledge Invocation Charges : Rs 20
Failed Instruction Charges	Failed Instruction Charges : â‚¹50 per ISIN	Failed Instruction Charges : Rs 50 per ISIN
Other Charges	Other Charges : KYC Modification: â‚¹50	Other Charges : Cheque Bounce: Rs 350 Physical Statement - Rs 50 (+Courier charges at actual) Modification in CML - Rs 25 per request KRA Upload / Download - Rs 50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
	Open Account	Open Account

Groww vs Zerodha Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 and . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 7223525 and Total Number of Branches is 22 .

	Groww	Zerodha
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 2010
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : NSE, BSE, MCX and NCDEX
Demat Services	Demat Services : No	Demat Services : No
Website	Website : https://groww.in/	Website : https://zerodha.com
Contact Details	Contact Details : -	Contact Details : 080-40402020
Total Number of Clients	Total Number of Clients : 9,185,024	Total Number of Clients : 7,223,525
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : 22
Products *	Products : GROWW MOBILE APP	Products : Kite Web, Kite Mobile for Android/iOS and Coin
	Open Account	Open Account

Groww vs Zerodha Orders

Orders

	Groww	Zerodha
Cover Orders (CO)	Cover Orders (CO) : No	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : No	Good Till Cancelled (GTC) : Yes
	Open Account	Open Account

Groww vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	Zerodha
Equity Trading Recommendation *	Equity Trading Recommendation : No	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : No	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
	Open Account	Open Account

Groww vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	Zerodha
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : Rs.11,000
	Open Account	Open Account

Groww vs Zerodha Product & Services

Groww and Zerodha both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	Zerodha
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : No
Call N Trade *	Call N Trade : NA	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : No	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : No
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : YES	IPO Investment : No
Portfolio Analysis *	Portfolio Analysis : NO	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : Yes
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : No	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : No	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : No
	Open Account	Open Account

Groww vs Zerodha Customer Services

Groww and Zerodha both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Groww	Zerodha
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : Yes
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Groww vs Zerodha Other Investement

Groww and Zerodha both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Groww	Zerodha
Commodity Trading *	Commodity Trading : No	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : No	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Groww vs Zerodha Trading Platform

Groww and Zerodha both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Groww	Zerodha
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : No	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account

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Groww

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Groww vs Zerodha (Compare Groww and Zerodha)

One on One comparison of Groww vs Zerodha is given below:

Groww

Zerodha

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Groww vs Zerodha Account Opening & AMC Charges

Groww vs Zerodha Brokerage Charges

Groww vs Zerodha Exchange Transaction Charges

Groww vs Zerodha Other Charges

Groww vs Zerodha Features

Groww vs Zerodha Demat Account Charges

Groww vs Zerodha Basic Details

Groww vs Zerodha Orders

Groww vs Zerodha Research and Advice / Trading Tips

Groww vs Zerodha Franchisee / Authorized Person related information

Groww vs Zerodha Product & Services

Groww vs Zerodha Customer Services

Groww vs Zerodha Other Investement

Groww vs Zerodha Trading Platform

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