SBI Securities⭐ 8.0/10
Groww⭐ 9.5/10SBI Securities vs Groww Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Groww is the Clear Winner
Groww is the superior choice for most traders and investors due to its higher overall rating of 9.5/10 compared to SBI Securities's 8.0/10. Key strengths include Extremely simple UI and One of the fastest-growing investment platforms focused on simplicity..
📊 Charges & Pricing Comparison
| Fee / Segment | SBI Securities | Groww |
|---|---|---|
| Account Opening Fee | Rs 850 (approx) | Free |
| Account AMC (Annual) | Rs 750 / year | Free (Rs 0) |
| Equity Delivery | 0.50% | Rs 20 or 0.05% |
| Intraday Brokerage | 0.05% | Rs 20 or 0.05% |
| Futures & Options | Rs 50 per order (approx) | Rs 20 per order |
| Commodity Trading | N/A | N/A |
| Other / DP Charges | Extensive full-service charges | Standard regulatory charges apply |
| Account Opening Time | 24 Hours | 15 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | SBI Securities | Groww |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ❌ No |
| Advisory & Tips | ✅ Yes | ❌ No |
| Trading API Access | ❌ No | ❌ No |
| Advanced Charts | ❌ No | ❌ No |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
SBI Securities Pros & Cons
Pros
- ✅ Immense trust factor
- ✅ Seamless 3-in-1 account integration
- ✅ Relationship manager service
Cons
- ❌ Very high brokerage costs (percentage based)
- ❌ Outdated legacy technology
Groww Pros & Cons
Pros
- ✅ Extremely simple UI
- ✅ Zero AMC forever
- ✅ Seamless mutual fund integration
Cons
- ❌ No advanced desktop terminal
- ❌ Lacks complex analytical tools
❓ FAQs: SBI Securities vs Groww
Which is cheaper between SBI Securities and Groww?
SBI Securities charges 0.50% for delivery trades and 0.05% for intraday, with an AMC of Rs 750 / year. Meanwhile, Groww charges Rs 20 or 0.05% for delivery and Rs 20 or 0.05% for intraday, with an AMC of Free (Rs 0). In terms of onboarding costs, SBI Securities is Rs 850 (approx) compared to Groww's Free.
Who has a better mobile app: SBI Securities or Groww?
SBI Securities's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Groww's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is SBI Securities safer to use than Groww?
Both SBI Securities and Groww are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, SBI Securities has a rating of 8.0/10, reflecting their complaint ratio and client size, while Groww has a rating of 9.5/10.