Groww₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5)
- Options brokerage
- ₹20 per order
- Account opening
- ₹0
- Demat AMC
- ₹0
Broker comparison
Groww vs.
Sharekhan
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on Thu, 5 Nov, 2026
See comparisonGroww
SharekhanVS
Summary
Your goal decides
With one lot per order, Groww charges less options brokerage (₹20 per order). Groww: India's largest broker by active clients; a simple app built for first-time investors. Sharekhan: Full-service broker (Mirae Asset Sharekhan) with research and a desktop terminal; options are charged per lot. Statutory charges such as STT are the same at both.
GrowwIndia's largest broker by active clients; a simple app built for first-time investors.
SharekhanFull-service broker (Mirae Asset Sharekhan) with research and a desktop terminal; options are charged per lot.
At a glance
The key differences
| Criterion | Groww | Sharekhan |
|---|---|---|
| Platforms | Groww App, Groww Web | Mirae Asset Sharekhan app, TradeTiger, Trading API |
| Product types | Indian Stocks, Mutual Funds, F&O, Digital Gold, Fixed Deposits | Indian Stocks, F&O, Commodities |
| Options trading | Yes: NSE and BSE index and stock options | Yes: NSE and BSE index and stock options |
| Fee model | ₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5) | ₹39 per lot (each side) on options · delivery 0.30% |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹0 | Free in year 1; then ₹400 a year (non-BSDA) |
| Regulation | SEBI INZ000301838 | SEBI INZ000171337 |
| More information | Details | Details |
Platforms
Groww
Groww App, Groww Web
Sharekhan
Mirae Asset Sharekhan app, TradeTiger, Trading API
Product types
Groww
Indian Stocks, Mutual Funds, F&O, Digital Gold, Fixed Deposits
Sharekhan
Indian Stocks, F&O, Commodities
Options trading
Groww
Yes: NSE and BSE index and stock options
Sharekhan
Yes: NSE and BSE index and stock options
Fee model
Groww
₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5)
Sharekhan
₹39 per lot (each side) on options · delivery 0.30%
Account opening
Groww
₹0
Sharekhan
₹0
Demat AMC
Groww
₹0
Sharekhan
Free in year 1; then ₹400 a year (non-BSDA)
Regulation
Groww
SEBI INZ000301838
Sharekhan
SEBI INZ000171337
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
GrowwSharekhan₹39 per lot (each side) on options · delivery 0.30%
- Options brokerage
- ₹39 per lot (each side)
- Account opening
- ₹0
- Demat AMC
- Free in year 1; then ₹400 a year (non-BSDA)
The relevant costs depend on market, currency, order size and trading style.
Real costs
What 20 options trades a month cost
Groww
- Brokerage per order
- ₹20
- All charges, 20 round trips
- ₹1,252
- Per year
- ₹15,027
Sharekhan
- Brokerage per lot
- ₹39
- All charges, 20 round trips
- ₹2,149
- Per year
- ₹25,788
Illustrative: one Nifty lot (65) bought and sold at ₹100, 20 times a month, including STT, exchange charges, SEBI fee, stamp duty and GST. Use your own numbers.
Execution quality
Order type, venue and liquidity affect execution.
GrowwCheck the provider’s execution policy and available order types for your account.
Provider informationSharekhanCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
GrowwIndian StocksMutual FundsF&ODigital GoldFixed Deposits
SharekhanIndian StocksF&OCommodities
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
GrowwGroww App · Groww Web
Customisable option chain with orders placed directly from the chain, and a Greeks view. Basket mode on the option chain for building multi-leg positions such as spreads, straddles and hedges. Stop-loss, GTT and target orders for managing exits. Required margin is shown at the bottom of the order window before an order is placed. Groww Trade API with order placement, GTT/OCO orders and margin calls; live data and option chain APIs sit on a paid plan of ₹499 a month plus GST (or ₹4,999 a year).
Explore platformSharekhanMirae Asset Sharekhan app, TradeTiger, Trading API
Full-service broker (Mirae Asset Sharekhan) with research and a desktop terminal; options are charged per lot.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
GrowwIndia'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
SharekhanFull-service broker (Mirae Asset Sharekhan) with research and a desktop terminal; options are charged per lot.
- Research and Dial-N-Trade included
- Desktop terminal (TradeTiger)
- Per-lot options brokerage, also charged on expired, exercised and assigned contracts
- Percentage-based delivery brokerage
Your questions
Frequently asked questions
Is Groww or Sharekhan cheaper for options trading?
With one lot per order, Groww charges less options brokerage (₹20 per order). Orders of several lots change the comparison, because per-lot brokerage grows with the number of lots. STT, exchange charges, the SEBI fee and stamp duty are the same at both.
Are Groww and Sharekhan regulated?
Both are SEBI-registered stock brokers and members of NSE and BSE.
Can I have accounts with both Groww and Sharekhan?
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.
Your next step
Your next step
GrowwIndia's largest broker by active clients; a simple app built for first-time investors.
Open accountRead reviewSharekhanFull-service broker (Mirae Asset Sharekhan) with research and a desktop terminal; options are charged per lot.
Open account