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Groww vs Share.Market (Compare Groww and Share.Market)

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 Share.Market, Below comparison of Groww vs Share.Market 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 Share.Market is given below:

Groww

Share.Market

Open Account

	Groww	Share.Market

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

Share.Market :

"Leveraging the established PhonePe ecosystem, the platform aims to integrate trading services with PhonePe’s existing features, making it convenient for users who a >>> more

Find More Information about the Broker :

Groww :

OVERVIEW BROKERAGE PRODUCTS & SERVICES

Share.Market :

BROKERAGE PRODUCTS & SERVICES OVERVIEW

Type of Broker

Groww :

Discount Broker

Share.Market :

Discount Broker

Promo/offers

Groww :

N/A

Share.Market :

N/A

Advantage

Groww :

✔ What Groww Does Well

✓	₹0 AMC for life — no conditions, no BSDA, permanent
✓	Direct mutual fund plans — lowest expense ratios
✓	Best-in-class mobile app — most intuitive for beginners
✓	US stocks investing available directly from the app
✓	SME share trading available — Zerodha does not offer this
✓	Fastest account opening — live in under 10 minutes
✓	All-in-one: stocks, MF, IPO, ETF, gold, FD in one app
✓	IPO applications free via UPI/ASBA
✓	Digital gold & fixed deposits available in-app
✓	SEBI-registered, CDSL + NSDL registered DP

Share.Market :

✔ What Share.Market Does Well

✓	PhonePe-backed (Walmart group) — institutional trust and 490M user distribution
✓	WealthBaskets — SEBI IA (Quantech Capital) backed quantitative research portfolios, free
✓	₹180/yr AMC from year 2 — lowest AMC among all brokers that charge AMC
✓	DP charge ₹13.25 per ISIN — lower than Zerodha, Groww, Alice Blue
✓	PhonePe account integration — instant onboarding for existing PhonePe users
✓	Stocks, ETFs, F&O, MF, IPO all in one app
✓	UPI fund transfers free — no gateway charges for UPI
✓	Clean beginner-friendly interface
✓	SME IPO access available

Disadvantage

Groww :

✘ Where Groww Falls Short

✗	Delivery brokerage ₹20 or 0.1% — unlike Zerodha's ₹0
✗	UPI mandate brokerage is 1% with NO cap — major trap
✗	NRI accounts NOT available
✗	GTT orders NOT available
✗	No research, no stock tips, no advisory at all
✗	No physical branches — 100% online only
✗	Customer support is email/chat only — slow response
✗	Trading terminal less advanced than Zerodha Kite
✗	No 3-in-1 integrated banking account
✗	F&O intraday leverage only 1.3x — lower than most brokers

Share.Market :

✘ Where Share.Market Falls Short

✗	Zero brokerage promo ended March 31, 2025 — now standard ₹20/order like all major brokers
✗	No commodity (MCX) trading
✗	No NRI accounts
✗	No currency (forex) derivatives
✗	AMC ₹180/yr from year 2 — Groww, Shoonya, ProStocks, Fyers, Alice Blue all ₹0 forever
✗	Launched 2023 — less battle-hardened vs Zerodha/Angel One
✗	No GTT orders, no advanced order types for active traders
✗	Fund transfer non-UPI: ₹15+GST per transaction
✗	No 3-in-1 bank account integration

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

Share.Market :

They are currently offering FREE demat and trading account with simple, secure, and paperless KYC and You pay ZERO brokerage on all the products, including Futures and Options (F&O).(Till 31st Dec 2024, if you open the account by Oct 31st 2024).
Backed by PhonePe, Share.Market prioritizes security, implementing robust encryption protocols to safeguard user data and transactions.
It offers a facility to invest in Wealth Baskets which is a basket of stocks or ETFs, based on a strategy, theme, or research. They are curated by WealthBasket curators who are SEBI-registered Investment Advisors or Research Analysts.
Check out 5 factors, i.e., Momentum, Quality, Value, Low Volatility, and Sentiment for each stock to make better investing and trading decisions
You can explore Stock Collections based on themes & strategies.
No Charges for Funds Transfer if it is done via UPI.
One-stop marketplace: Equity, ETFs, Mutual Funds, Derivatives, Buyback, OFS, IPO and WealthBaskets.
Dedicated Research Backed by an in-depth research team.
You can create a watchlist to monitor the performance of your favorite stocks
You can access comprehensive details of new stock listings directly in the app
You can Monitor live subscription levels and look forward to tracking post-IPO stock prices

Open Account

Groww vs Share.Market Account Opening & AMC Charges

Groww Trading Account Opening Fee is Rs 0 (Free) and Share.Market Trading Account Opening Fee is ₹0 . Groww Demat Account AMC is Rs 0 and Share.Market Demat Account AMC is Rs 180 (free for 1st year) .

	Groww	Share.Market
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : Rs 0	Demat Account AMC : Rs 180 (free for 1st year)
Trading Account AMC	Trading Account AMC : Rs 0	Trading Account AMC : ₹0
	Open Account	Open Account

Groww vs Share.Market 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 . Share.Market Brokerage Charges Equity Delivery is ₹20 per executed order or 0.05% whichever is lower and Equity Intraday is ₹20 per executed order or 0.05% whichever is lower and Equity Options is ₹20 per executed order or 0.05% whichever is lower .

	Groww	Share.Market
Plan Name	Plan Name : Basic Plan	Plan Name : Standard Plan	Plan Name : ZERO brokerage till 31st Mar 2025
Equity Delivery	Equity Delivery : Rs 20 per executed order or 0.05% whichever is lower	Equity Delivery : ₹20 per executed order or 0.05% whichever is lower	Equity Delivery : -
Equity Intraday	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower	Equity Intraday : ₹20 per executed order or 0.05% whichever is lower	Equity Intraday : -
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : ₹20 per executed order or 0.05% whichever is lower	Equity Future : -
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : ₹20 per executed order or 0.05% whichever is lower	Equity Options : -
Currency Futures	Currency Futures : NA	Currency Futures : ₹20 per executed order or 0.05% whichever is lower	Currency Futures : -
Currency Options	Currency Options : NA	Currency Options : ₹20 per executed order or 0.05% whichever is lower	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : NIL	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : Yes	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : NA	Commodity Options : NA	Commodity Options : -
	Open Account	Open Account

Groww vs Share.Market 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) . Share.Market Exchange Transaction Charges Equity Future is NSE: 0.00173% | BSE: 0.0% and Equity Options is NSE: 0.03503% | BSE: 0.0325% (on premium) .

	Groww	Share.Market
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE: 0.00297% \| BSE: 0.00375%
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE: 0.00297% \| BSE: 0.00375%
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE: 0.00173% \| BSE: 0.0%
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	Equity Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Currency Futures *	Currency Futures : -	Currency Futures : NSE: 0.00173% \| BSE: 0.0%
Currency Options	Currency Options : (on premium)	Currency Options : NSE: 0.03503% \| BSE: 0.0325% (on premium)
Commodity	Commodity : NA	Commodity : NA
	Open Account	Open Account

Groww vs Share.Market Other Charges

Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA . Share.Market and Call & Trade is NA .

	Groww	Share.Market
Minimum Brokerage	Minimum Brokerage : Rs 20 or 0.05% per executed order	Minimum Brokerage : -
Call & Trade	Call & Trade : NA	Call & Trade : NA
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) : ₹10 + ₹3.25 (CDSL Charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50	Other Miscellaneous Charges : Auto square-off Rs 30 per order.
	Open Account	Open Account

Groww vs Share.Market Features

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

	Groww	Share.Market
Trading Platform	Trading Platform : Groww	Trading Platform : Share.Market website and mobile app
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
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 : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : No
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : No	Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : No	Margin Against Shares (Equity F&O) : -
	Open Account	Open Account

Groww vs Share.Market Demat Account Charges

A comparative table of various demat account charges between Groww and Share.Market is below:

	Groww	Share.Market
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : â‚¹0 (Free)	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : â‚¹0	Advance Deposit : Nil
AMC	AMC : â‚¹0 (Free)	AMC : ₹0 (for the 1st Year) and after ₹180 per year
Dematerialisation Charges	Dematerialisation Charges : â‚¹150 per certificate + courier charges	Dematerialisation Charges : ₹150 per certificate
Rematerialisation Charges	Rematerialisation Charges : â‚¹150 per certificate + courier charges	Rematerialisation Charges : ₹150 for every hundred securities + depository chg
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : ₹0
Transaction Charges (debit)	Transaction Charges (debit) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN	Transaction Charges (debit) : Rs 13.25 per instruction per ISIN (Including CDSL)
Pledge Creation Charges	Pledge Creation Charges : â‚¹20 + â‚¹12 per request (CDSL Charges)	Pledge Creation Charges : ₹20 per instruct
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : -	Pledge Creation Confirmation Charges : ₹0
Pledge Invocation Charges	Pledge Invocation Charges : â‚¹20	Pledge Invocation Charges : ₹20
Failed Instruction Charges	Failed Instruction Charges : â‚¹50 per ISIN	Failed Instruction Charges : ₹50 per ISIN
Other Charges	Other Charges : KYC Modification: â‚¹50	Other Charges : -
	Open Account	Open Account

Groww vs Share.Market Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 12480505 and . Share.Market Year of Incorporation is 2023 and Total Number of Clients is 355026 and Total Number of Branches is NIL .

	Groww	Share.Market
Year of Incorporation	Year of Incorporation : 2016	Year of Incorporation : 2023
Active Exchange Memberships	Active Exchange Memberships : NSE and BSE	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : No	Demat Services : CDSL
Website	Website : https://groww.in/	Website : https://share.market/
Contact Details	Contact Details : -	Contact Details : 080-68727687
Total Number of Clients	Total Number of Clients : 12,480,505	Total Number of Clients : 355,026
Total Number of Branches	Total Number of Branches : -	Total Number of Branches : NIL
Products *	Products : GROWW MOBILE APP	Products : Stocks, F&O, ETFs, MFs, Wealth Basket, IPOs
Key USP *	Key USP : Simplest UI; No. 1 by clients; ₹20 F&O; ₹0 delivery; MF powerhouse	Key USP : -
Broker Type *	Broker Type : Discount	Broker Type : Discount
	Open Account	Open Account

Groww vs Share.Market Orders

Orders

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

Groww vs Share.Market Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Groww	Share.Market
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 Share.Market Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Groww	Share.Market
Availability for franchisee / AP	Availability for franchisee / AP : NA	Availability for franchisee / AP : NA
Investment required for Franchisee / AP	Investment required for Franchisee / AP : NA	Investment required for Franchisee / AP : NA
	Open Account	Open Account

Groww vs Share.Market Product & Services

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

	Groww	Share.Market
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : No	Margin Trading : Yes
Call N Trade *	Call N Trade : NA	Call N Trade : NA
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	Limit Order : -
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 : No
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : No
IPO Investment *	IPO Investment : YES	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : NO	Portfolio Analysis : No
Advanced Charting Features *	Advanced Charting Features : No	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
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 : No
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 Share.Market Customer Services

Groww and Share.Market 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	Share.Market
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 : No
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 Share.Market Other Investement

Groww and Share.Market 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	Share.Market
Commodity Trading *	Commodity Trading : No	Commodity Trading : NA
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 Share.Market Trading Platform

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

	Groww	Share.Market
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 : No
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