Is Angel One cheaper than Groww?

Angel One charges ₹20/trade or 0.1% (lower, min ₹5) on equity delivery, ₹20/trade or 0.1% (lower, min ₹5) on intraday, and ₹20/trade on F&O. Groww charges ₹20/trade or 0.1% (whichever is lower), ₹20/trade or 0.1% (lower), and ₹20/trade. MTF interest: Angel One at ~14.99% p.a. vs Groww at ~14.95% p.a..

Which broker is better for MTF — Angel One or Groww?

Angel One's MTF rate is ~14.99% p.a.. Groww's MTF rate is ~14.95% p.a.. On a ₹5 lakh position held 6 months, the cheaper broker saves thousands in interest. See the live MTF rate comparison at /mtf.

Which broker should I choose — Angel One or Groww?

Angel One is best for: Investors who want research and advisory bundled with low-cost trading. Groww is best for: Beginners, mutual-fund-first investors, mobile-only users. Pick based on your trading style rather than headline brokerage alone.

Angel One vs Groww — Brokerage, MTF Rates & Features Compared (2026)

Side-by-side comparison of Angel One and Groww across every charge and feature that matters to Indian retail traders. Data verified April 2026. Use the live MTF comparison for real-time rate checks.

Angel One

angel-one

Top-3 broker by clients — research + advisory alongside flat fees

Best for: Investors who want research and advisory bundled with low-cost trading

Groww

groww

Mobile-first broker with large mutual fund base

Best for: Beginners, mutual-fund-first investors, mobile-only users

Charges compared

Fee / Charge	Angel One	Groww
Equity delivery	₹20/trade or 0.1% (lower, min ₹5)	₹20/trade or 0.1% (whichever is lower)
Intraday	₹20/trade or 0.1% (lower, min ₹5)	₹20/trade or 0.1% (lower)
F&O (flat)	₹20/trade	₹20/trade
MTF interest (p.a.)	~14.99% p.a.	~14.95% p.a.
AMC (annual)	₹0 first year, then ₹240/year	₹0 (free)

Angel One — pros & cons

Pros

One of India's largest brokers (~7M+ clients)
Free research, ARQ Prime advisory and stock ideas
SmartAPI for algo trading
Full-featured super app (stocks, F&O, MF, IPO, US stocks)

Cons

Delivery is ₹20/0.1%, not free like Upstox/Zerodha/Dhan
₹240/year AMC from the second year
More upsell prompts than pure discount brokers

Groww — pros & cons

Pros

Zero annual maintenance charge
Clean, beginner-friendly mobile UX
Unified mutual fund + stocks + FD + gold
Fast account opening (under 10 min)

Cons

₹20/trade on delivery (not free like Upstox/Zerodha)
Limited advanced charting
No desktop terminal as polished as Kite

Which broker should you pick?

Pick Angel One if you fit this profile: investors who want research and advisory bundled with low-cost trading.
Pick Groww if you fit this profile: beginners, mutual-fund-first investors, mobile-only users.
Use the live MTF comparison to check the cheaper broker for the specific stock you want to margin-trade — rates vary per stock.
Run your expected monthly trading volume through the brokerage calculator to see actual all-in cost (brokerage + STT + exchange fees + GST).

Other broker comparisons

Angel One vs Dhan Angel One vs Upstox Angel One vs Zerodha Dhan vs Groww Dhan vs Upstox Dhan vs Zerodha Groww vs Upstox Groww vs Zerodha Upstox vs Zerodha

Related tools

Live MTF comparison — real-time rates for 800+ stocks across all brokers
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