Choosing the right stock broker is one of the most important decisions for investors in India. While platforms like Groww and Angel One offer easy access to the stock market, understanding their brokerage charges and fees is essential before opening a demat account.

Both brokers are popular among beginners because they offer online account opening, low brokerage, and easy-to-use trading apps. However, there are several differences in their charges including brokerage fees, annual maintenance charges (AMC), and additional transaction costs.

In this guide, we will compare Groww vs Angel One charges in detail, helping you understand which broker is cheaper and better suited for your investing style.

Not sure how Demat accounts work yet? Don’t worry — you can quickly understand the basics before diving into this comparison read : What Is a Demat Account? (Complete Beginner Guide)

If you are still choosing a broker, you can also read our detailed guide on Best Demat Account for Beginners in India.

Groww vs Angel One Charges (Quick Answer)

Groww and Angel One both offer ₹0 brokerage on equity delivery and charge up to ₹20 per order for intraday and F&O trades. However, Groww is slightly cheaper for beginners because it does not charge annual maintenance fees (AMC), while Angel One charges around ₹240 per year but provides additional research tools and advisory features.

👉 Key differences between Groww and Angel One charges:

• Groww → ₹0 AMC (more cost-effective for long-term investors)
• Angel One → ₹240 AMC (includes research and advisory tools)
• Brokerage → Same (₹20 per order for intraday & F&O)
• Equity Delivery → Free in both brokers
• Hidden Charges → Similar (DP charges, taxes, transaction fees)

For beginners, Groww is usually cheaper, while Angel One is better for investors who want research support.

For More Details Read:
Groww Brokerage Charges Explained (2026): Full Cost Breakdown for Beginners
Angel One Brokerage Charges Explained (2026): Complete Cost Breakdown for Beginners

Groww vs Angel One: Quick Charges Comparison

Here is a quick overview of the major charges.

Both brokers follow the flat brokerage model, which means investors pay a fixed amount per trade.

If you want to estimate actual trading costs, you can use our Demat Brokerage Comparison Calculator.

Groww Brokerage Charges Explained

Groww has become one of the fastest-growing investment platforms in India because of its simple pricing and beginner-friendly interface.

Groww Brokerage Structure

One of the biggest advantages of Groww is that it does not charge annual maintenance fees for demat accounts.

If you want to understand the overall broker comparison, you can also read Zerodha vs Groww for Beginners.
Read Our Other Groww Brokerage comparisons : Groww vs Zerodha vs 5Paisa (Complete Comparison Guide)
Groww vs 5Paisa: Which Broker Is Better for Beginners?

Angel One Brokerage Charges Explained

Angel One is one of the oldest stock brokers in India and offers a wide range of trading services.

Angel One Brokerage Structure

Angel One charges ₹240 annual maintenance charges (AMC) for demat accounts.

However, the broker often runs promotional offers where AMC is waived for the first year.

Account Opening Charges

Both brokers offer free online account opening, making them attractive for new investors.

The account opening process typically takes 10–15 minutes and requires basic KYC documents.

Required documents include:

• PAN card
• Aadhaar card
• Bank details

You can read the full process in our guide How to Open a Demat Account in India.

Annual Maintenance Charges (AMC)

AMC is the yearly fee charged by brokers for maintaining your demat account.

This makes Groww slightly cheaper for long-term investors who prefer buy-and-hold strategies.

For Better Understanding about AMC Read our Guide on :Demat Account AMC Charges Explained (2026 Guide)

Other Charges You Should Know

Apart from brokerage, investors may pay additional charges such as:

These fees apply to all brokers in India.

You can calculate these costs using our Demat Brokerage Calculator.
There are several charges involved in trading that most beginners overlook. If you want a clear understanding of all costs, you can check our detailed guide on Demat account charges :Hidden Charges in Demat Accounts Most Investors Ignore (2026 Guide)

Groww vs Angel One: Which Is Cheaper?

Let’s compare the overall cost for investors.

Groww is slightly cheaper due to zero AMC charges, while Angel One offers additional features like research reports and advisory services.

Features Comparison

Charges are important, but trading features also matter.

If you want to compare brokers further, read Groww vs Upstox for Beginners.

Hidden Charges Investors Should Check

Sometimes investors focus only on brokerage but ignore other charges.

Common hidden costs include:

• Demat debit charges
• Call & trade charges
• Margin interest
• Account closure fees

Understanding these fees helps avoid surprises later.

You can learn more in our guide Demat Account Charges in India (Full Cost Breakdown).

Groww vs Angel One: Pros and Cons

Groww Pros

✔ Zero AMC charges
✔ Easy interface for beginners
✔ Fast account opening
✔ Simple brokerage structure

Groww Cons

✖ Limited research tools
✖ Basic charting features

Angel One Pros

✔ Advanced trading tools
✔ Strong research reports
✔ Multiple investment products

Angel One Cons

✖ Annual maintenance charges
✖ Slightly complex interface for beginners

Which Broker Should Beginners Choose?

For beginners, simplicity and low costs are important.

Groww is often recommended because:

• No AMC charges
• Beginner-friendly interface
• Simple investment process

However, experienced traders may prefer Angel One for its research tools and trading features.

If you are starting with a small investment, you can also read our guide How to Start Investing in Stock Market with ₹1000.

Final Words From Paisatech

Both Groww and Angel One are reliable stock brokers in India offering competitive brokerage charges.

Groww is slightly cheaper because it does not charge annual maintenance fees, making it ideal for beginners and long-term investors.

Angel One, on the other hand, provides strong research tools and advanced trading features, which may appeal to active traders.

Choosing the right broker ultimately depends on your investment style, trading frequency, and preferred features.

Frequently Asked Questions

Is Groww cheaper than Angel One?

Yes. Groww is slightly cheaper because it does not charge annual maintenance fees.

What is the brokerage of Groww?

Groww charges ₹20 per order for equity delivery, intraday, and derivatives trading.

Does Angel One charge AMC?

Yes. Angel One charges ₹240 per year as annual maintenance charges for demat accounts.

Which broker is better for beginners?

Groww is usually better for beginners because of its simple interface and zero AMC charges.