Angel Broking vs Groww Comparison: 2024

About Angel Broking

In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.

Angel Broking: An Overview

Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.

So, let's begin with the wide range of products and services that Angel Broking offers you.

Angel Broking: Product and Services Offered

  • Equity
  • Initial Public Offering (IPO)
  • Commodity Trading
  • Currency Trading
  • Derivatives
  • Life Insurance
  • Mutual Funds
  • Portfolio Management Service (PMS)
  • Depository Services
  • Investment Advisory
  • Offline to Online conversion
  • Intraday Trading

It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and

About Groww

Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.

Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.

Groww: A Quick Review

Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and

Angel Broking vs Groww Account Opening Charges: 2024

ChargeAngel BrokingGroww
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹600 (One-time)₹200
Trading Account AMC₹0₹0
Demat Account AMC₹450 (from 2nd year onwards)₹300 p.a. (wherein ₹25 charged quarterly)

Angel Broking vs Groww Brokerage Charges and Plans : 2024

ChargeAngel BrokingGroww
Plan NameiTrade PrimeStandard Plan
Equity Delivery₹0₹0
Equity IntradayFlat ₹20 per executed order₹20 or 0.01% of executed order value
Equity FuturesFlat ₹20 per executed orderN/A
Equity OptionsFlat ₹20 per executed orderN/A
Currency FuturesFlat ₹20 per executed orderN/A
Currency OptionsFlat ₹20 per executed orderN/A
Commodity OptionsFlat ₹20 per executed orderN/A
Mutual FundN/AN/A

Angel Broking vs Groww Margin / Exposure: 2024

SegmentAngel BrokingGroww
Equity DeliveryUpto 3xN/A
Equity IntradayUpto 10xN/A
Equity FutureUpto 4xN/A
Equity Options3x for shortingN/A
Currency FutureUpto 2xN/A
Currency OptionsUpto 5x for shortingN/A
Commodity Future3xN/A
Commodity OptionsN/AN/A
Ask your questions here

Frequently Asked Questions or FAQs

Comparing the two stockbrokers to see which ones is the best can be a hurdle given that they both have so much to offer. However, if you want to know the broker, is that better? Then we have all the differences and comparisons listed below.

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