Groww vs Angel One
Charges and features for options traders, side by side. Published rates checked Mon, 2 Nov, 2026.
| Feature | Groww | Angel One |
|---|---|---|
| Options brokerage | ₹20 per order | ₹20 per order (free up to ₹500 in the first 30 days) |
| Equity delivery | ₹20 or 0.1%, whichever is lower (min ₹5) | ₹20 or 0.1%, whichever is lower (min ₹5) |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹0 | Free in year 1; then ₹60 + GST a quarter (BSDA under ₹4 lakh free) |
| Platforms | Groww app, Groww Terminal | Angel One app and web |
| Options tools | Option chain with payoff view and baskets | Option chain |
| NSE active clients | 1.34 crore (NSE, Sep 2026) | 67.6 lakh (NSE, Sep 2026) |
Groww
India's largest broker by active clients; a simple app built for first-time investors.
- No account or AMC charges
- Very simple app
- Payoff view on the option chain
- Delivery trades are not free
- Fewer advanced tools for option sellers
Angel One
Full-service heritage, discount pricing; strong reach beyond the big cities.
- Introductory free-brokerage period
- Wide branch and partner network
- Quarterly AMC after the first year
- Delivery trades are not free
Want to see what your own trading would cost at each broker? Use the brokerage calculator.
Frequently asked questions
Is Groww or Angel One cheaper for options trading?
Both charge ₹20 per order per options order, and statutory charges such as STT are the same at both. Differences are in delivery charges, AMC and tools.
Are Groww and Angel One regulated?
Both are SEBI-registered stock brokers and members of NSE and BSE. Client money and securities are covered by the exchanges' rules on segregation.
Can I have accounts with both Groww and Angel One?
Yes. You can hold demat and trading accounts with more than one broker; each charges its own AMC.
Does the broker change STT or exchange charges?
No. STT (0.15% of premium on the sell side), exchange charges, the SEBI fee and stamp duty are the same at every broker. Only brokerage and account charges differ.