Groww vs Zerodha Review 2025 | Which One is Better
Groww vs Zerodha
Groww , ounded in 2016, is a discount broker. It supports trading on the NSE and
BSE. It has 0 branches in India.while Zerodha, Discount Broker Zerodha was founded in 2010. Trading is available at MCX, NCDEX, BSE, and NSE. There are 22 of its branches in India.
GROWW
Groww is the brand name for Nextbillion Technology Private Limited, a
SEBI-registered stockbroker and member of the NSE and BSE. Groww, founded in
2016, began as a direct mutual fund investing platform. In the mid-2020s, Groww
expanded its product offering to include equity trading. Other investing alternatives
available to users include digital gold, US stocks, and fixed deposits. Groww charges
a lesser fee of Rs 20 or 0.05% each performed deal. You pay a maximum of Rs 20
as brokerage for an order, regardless of quantity or value. Groww provides free
mutual fund services, including no expenses for investing or redeeming mutual
funds.Groww’s proprietary trading platform, Groww (web and mobile trading app),
provides its investors with a flawless trading experience.
Zerodha
Zerodha Review: Right now, Zerodha is the top stock broker. They are thought to be the most transparent
stock broker, have a cheap brokerage fee, and provide a great online trading platform. They
become the fintech firm in India with the quickest growth rate through constant innovation
and improvement. These are Zerodha’s main advantages. For its clients, it has developed a
variety of trading software. These include the online and mobile trading platform Zerodha
Kite, the mutual fund investment platform Coin, the investor education programme Varsity,
the trading Q&A, and numerous other resources. In addition, Zerodha provides the following
platforms: GoldenPi (bond trading), Sensibull (options trading), Streak (algo & strategy
platform), Small case (thematic investment platform), and Ditto (insurance).
| Groww | Zerodha | |
| Year of Establishment | 2016 | 2010 |
| Number of Branches | Not have any branches,it is a online trading platform,head office banglore India | 22 |
| Exchange of Membership | NSE , BSE, SENSEX AND NIFTY | NSE, BSE AND MCX , NCDEX |
| Broker Type | Discount broker | Discount broker |
Groww vs Zerodha Charges
| Charges | Groww | Zerodha |
| Trade and call charge | Additional Rs 50 per order | Additional Rs 20 per executed order |
| Brokerage charges | Rs 20 or 0.05 % per order( whichever is lower) | 0.02% in Intraday and F&O |
| Other Charges | NA | Physical contact : Rs 20, Trade SMS Alerts: Rs 1 per SMS |
Compare Groww vs Zerodha Offers
| Offers | Groww | Zerodha |
| Free AMC | ||
| Free account Opening | ||
| Free and flexible Brokerage plan | ||
| Margin Funding / Pledging | ||
| Referral Offers | Rs 100 per client | 10% + 300 Points per Client |
| Flat Brokerage | Yes ,but limited | |
| Free Delivery and Intraday trading | ||
| Free research report | ||
| Free F & O trading / free trading calls | ||
| Zero Brokerage for Loss Making Trades | ||
Groww vs Zerodha Product Provided
| Product Offers | Groww | Zerodha |
| Equity Intraday | ||
| Equity Delivery | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Options | ||
| Commodity Future | ||
| Foreign Stocks | ||
| Mutual Funds | ||
| Banking | ||
| Insurance | ||
| Govt. Bonds | ||
| Corporate Bonds | ||
Comparison Of Groww vs Zerodha Advisory Services
| Advisory Services | Groww | Zerodha |
| Fundamental and IPO Reports | ||
| Weekly Review and Robo Advisory | ||
| Daily Top Stock Picks and Stock Tips | ||
| Company/ Annual Report | ||
| Stock Recommendations and Research | ||
| Trading Institution | Yes, Zerodha Varsity | |
| PMS or PCG | ||
| Daily Market Review | ||
| Technical Reports | ||
| Demat Services and Trading Services | ||
| NRI Services | ||
| 3 in 1 Account | ||
Groww vs Zerodha Features
Zerodha and Groww are renowned trading platforms in India that provide unique features.
Zerodha caters to experienced traders by offering comprehensive charting tools, a variety of
order types, and fast execution. It provides a professional edition with more features and
interaction with third-party solutions. Groww, on the other hand, is geared towards simplicity
and ease of usage, making it perfect for novices. It provides a single trading platform for
equities, mutual funds, and digital gold, as well as instructional tools. Groww’s user-friendly
layout and simple account opening process stand out. Both platforms have reasonable
brokerage costs and no account maintenance fees, while Zerodha excels in sophisticated
trading tools. Below the table shows some of its features.
| Features | Groww | Zerodha |
| Charts | ||
| Automated Trading | ||
| 3 in 1 Account | ||
| Online Demo | ||
| SMS Alerts | ||
| Margin Against Shares (Equity Cash) | ||
| Margin Against Shares (Equity F&O) | ||
| Margin Trading Funding | ||
| Online Demo | ||
| Online Portfolio | ||
| Trading In SME Shares Allowed? | ||
| Trading Platform | Groww | Kite Web, Kite Mobile for Android/iOS and Coin |
| Intraday Square-off Time | 3:10 PM | Currency: 4:45PM |Commodities: 25min before close and Eq Cash:3:15 PM | Eq ,,F&O : 3:25 PM |
| Global indices | ||
| GR | ||
| Stock Tips | ||
| Multi Profile Management | ||
| Customised Recommendation | ||
| Online MF Buy | ||
| Interactive Charts | ||
Groww vs Zerodha AMC And DEMAT Account Charges
| Account Type | Groww | Zerodha |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Groww vs Zerodha Brokerage Charges
Groww charges a fixed cost of ₹20 for equities trading, whereas Zerodha costs Rs 20 per completed
transaction or 0.02%, whichever is lesser. Both platforms provide cheap brokerage fees, but Zerodha clear
pricing structure may appeal to traders seeking Below the table shows brokerage charges.
| Brokerage Charges | Groww Standard Plan | Zerodha Flat Brokerage |
| Equity Delivery | Rs.20 per Trade or 0.05% (whichever is low) | Rs 0 (Free) |
| Equity Intraday | Rs.20 per Trade or 0.05% (whichever is low) | Rs 20 per executed order or 0.02% whichever is lesser |
| Equity Option | Rs.20 per Trade | Rs.20 per Trade |
| Equity Future | Rs.20 per Trade or 0.05% (whichever is low) | Rs 20 per executed plan/ order or .03% whichever is lesser |
| Currency Option | NA | Rs.20 per Trade |
| Currency Future | NA | Rs 20 per executed plan/order or .03% whichever is lesser |
| Commodity Option | NA | Rs.20 per Trade |
| Commodity Future | NA | Rs 20 per executed plan/ order or .03% whichever is lesser |
Groww vs Zerodha leverage (margin)
| Leverage On | Groww | Zerodha |
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Equity, Currency, Commodity) | 100% of NRML margin (Span Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Groww vs Zerodha Pros And Cons
Pros:
| Groww | Zerodha |
| 1)No setup costs for accounts. No Upkeep Fees. 2)A direct mutual fund platform that increases your returns by 1.5%. 3)Free investing in mutual funds with no additional fees. 4)E-books, resources, and blogs that offer stock market information and fundamentals to assist investors in making well-informed decisions. 5)Instantaneous account opening without paper work and online application for an IPO. 6)Digital gold and US stocks may be invested in online using the in-house brokerage calculator. Additional goods (FD, derivatives) in the works. | 1)India’s leading broker interms of active clients,trading volume, andbrokerage revenue. Safe,dependable, and the mosttechnologically advancedbroker in India .2)People under the age of25 can establish anaccount for free. 3)For all other categories,a flat brokerage fee of Rs20 per trade. Great freetrading platforms (Kite)are offered. 4)It is possible to investdirectly in mutual funds. 5)Orders that are GoodUntil Triggered (GTT) areaccessible. GTC ordersare comparable to these. 6)basic flat-fee brokerageservices on all exchangesand divisions (MCX, NSE,BSE). Trades involvingfree equity distribution.Orders usingCash-N-Carry incur nobrokerage fees. 7)NRI can open tradingaccount. |
Cons:
| Groww | Zerodha |
| 1)Restricted investment goods without the ability to trade in the currency, commodities, or derivatives (futures & options) segments at this time. 2)Trade and No Call services also There is no branch support provided and it doesn’t offer research reports, stock suggestions, or recommendations. 3)Doesn’t provide SME share trading. 4)No facility for margin trading with No margin required against shares. 5)Not accessible are advanced order types like BO, CO, AMO, and GTT. 6)Do not offer NRI Trading. 7)Branch support not available. | 1)It doesn’t offer research, recommendations, or stock suggestions. 2 Each order incurs an additional Rs 50 for Call & Trade. 3)There is also a 3-in-1 account not available. There are no monthly unlimited trading subscriptions available. 4)AMC Free Demat accounts are not provided by it. No margin financing. 5)An additional Rs 50 is paid for each order for auto square off. |
Compate Groww vs Zerodha Transaction Charges
Firstly the transaction charges of ZERODHA is Flat fee of ₹ 20 or 0.03% (whichever is less)
for each executed order in intraday commodities, currency, and equities trading , also The
exchange costs for options on Zerodha are as follows: NSE Rs 5050 per crore (0.0505%) |
BSE Rs 500 per crore (0.005%) (plus premium). while Groww NSE Rs 325 per Cr
(0.05%) | BSE Rs 375 per Cr (0.005%) (on premium) is the one-time transaction fee for
options. Groww NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.005%) (on
premium) is the one-time transaction fee for options. Below are both the platform charges.
| Transaction Charges | Groww | Zerodha |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (Sell Side) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (Each Side) | 0.00325% (NSE) & 0.00375% (BSE) |
| Equity Option | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (On Premium) | 0.05% (on premium) |
| Equity Future | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | 0.0019% (NSE & BSE) |
| Currency Option | NA | 0.035% (NSE) & 0.001% (BSE) |
| Currency Future | NA | 0.0009% (NSE) & 0.00025% (BSE) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
Groww vs Zerodha Ratings By Customers
| Rating | Groww | Zerodha |
| Brokerage | ⭐⭐⭐ | ⭐⭐⭐ |
| Customers Service | ⭐⭐ | ⭐⭐⭐ |
| Fees | ⭐⭐⭐ | ⭐⭐⭐ |
| Trading Platform | ⭐⭐⭐ | ⭐⭐⭐ |
| Research | ⭐⭐ | ⭐⭐ |
| Overall Rating | ⭐⭐⭐ | ⭐⭐⭐⭐ |
| Broker Rating | ⭐⭐ | ⭐⭐⭐ |
Groww vs Zerodha Complaints
| Complaints | Groww | Zerodha |
| Total Complaints Lodged | 180 | 339 |
| Total Complaints Resolved | 162 | 307 |
| % of Resolved Complaints | 89.90% | 90.56% |
| Non Actionable Complaints | 9 | 20 |
| % of Non Actionable Complaints | 5.0% | 5.90% |
Conclusion: Groww is an intuitive design that is perfect for novices, emphasising mutual
funds and simplicity. With Ratan Tata’s support, Zerodha offers sophisticated trading tools,
affordable brokerage costs, and a feature-rich software ideal for aggressive traders. Groww’s
ease of use makes up for some of the complex capabilities that Zerodha lacks. Zerodha
sophisticated choices and cheaper prices give it a minor advantage. In the end, Zerodha is
better for seasoned traders looking for extensive tools and reduced prices, whereas Groww
is better for novices and mutual fund investors.
Customer Care Number/Email
Groww :- +91 9108800000
Zerodha: (080 4718 1888) or (080 4718 1999) .
Client can contact this number for clearing their doubt.
Groww Support Email:- support@groww.in
Zerodha Support Email: renu.pd@zerodha.com
Client can contact this email for clearing their doubt.
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