Zerodha⭐ 9.8/10
Groww⭐ 9.5/10Zerodha 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.
Zerodha vs Groww: Too Close to Call
Zerodha (rated 9.8) and Groww (rated 9.5) are highly competitive. Choose Zerodha if you want access to advanced trading APIs, active futures & options platforms, and extensive stock market education (Varsity). Choose Groww if you want a simpler, cleaner user interface for mutual funds and casual stock investing.
📊 Charges & Pricing Comparison
| Fee / Segment | Zerodha | Groww |
|---|---|---|
| Account Opening Fee | Free | Free |
| Account AMC (Annual) | Rs 300 / year | Free (Rs 0) |
| Equity Delivery | Rs 0 | Rs 20 or 0.05% |
| Intraday Brokerage | Rs 20 or 0.03% | Rs 20 or 0.05% |
| Futures & Options | Rs 20 per order | Rs 20 per order |
| Commodity Trading | Rs 20 per order | N/A |
| Other / DP Charges | DP charges Rs 15.93 per script | Standard regulatory charges apply |
| Account Opening Time | 10 Minutes | 15 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | Zerodha | Groww |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ❌ No |
| Advisory & Tips | ❌ No | ❌ No |
| Trading API Access | ✅ Free API | ❌ No |
| Advanced Charts | ✅ Yes | ❌ 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. |
Zerodha Pros & Cons
Pros
- ✅ Cleanest UI in the industry (Kite)
- ✅ Zero brokerage on equity delivery
- ✅ Massive educational ecosystem (Varsity)
Cons
- ❌ No research tips or recommendations
- ❌ Occasional glitches on high volatility days
Groww Pros & Cons
Pros
- ✅ Extremely simple UI
- ✅ Zero AMC forever
- ✅ Seamless mutual fund integration
Cons
- ❌ No advanced desktop terminal
- ❌ Lacks complex analytical tools
❓ FAQs: Zerodha vs Groww
Which is cheaper between Zerodha and Groww?
Zerodha charges Rs 0 for delivery trades and Rs 20 or 0.03% for intraday, with an AMC of Rs 300 / 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, Zerodha is Free compared to Groww's Free.
Who has a better mobile app: Zerodha or Groww?
Zerodha'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 Zerodha safer to use than Groww?
Both Zerodha and Groww are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Zerodha has a rating of 9.8/10, reflecting their complaint ratio and client size, while Groww has a rating of 9.5/10.