Zerodha vs Groww
Detailed comparison between Zerodha and Groww. Compare brokerage charges, features, app quality, customer support, and find which is better for you.
Last updated: May 2026
Zerodha
Founded 2010
Groww
Founded 2017
Quick Verdict: Which is Better?
- ✓ Active trader (intraday/F&O)
- ✓ Need advanced charting
- ✓ Want lowest brokerage
- ✓ Buy mutual funds via Coin
- ✓ Use trading APIs (Kite Connect)
- ✓ Beginner investor
- ✓ Want zero AMC
- ✓ Mainly invest in mutual funds
- ✓ Need simple, clean interface
- ✓ Don't want complex features
Feature-by-Feature Comparison
| Feature | Zerodha | Groww | Winner |
|---|---|---|---|
| Account Opening | FREE | FREE | Tie |
| Annual Maintenance Charges (AMC) | ₹300/year | ₹0 (FREE) | Groww |
| Equity Delivery Brokerage | ₹0 | ₹20 or 0.05% | Zerodha |
| Intraday Brokerage | ₹20 or 0.03% | ₹20 or 0.05% | Zerodha |
| F&O Brokerage | ₹20 flat | ₹20 flat | Tie |
| Mutual Funds (Direct) | FREE (Coin) | FREE | Tie |
| Charting Platform | Kite (Best) | Basic | Zerodha |
| Mobile App Quality | Excellent | Excellent | Tie |
| UI for Beginners | Moderate | Best | Groww |
| F&O Trading | Full Support | Yes | Tie |
| IPO Investment | Yes | Yes | Tie |
| US Stocks | No (separate) | Yes | Groww |
| Educational Content | Varsity (Best) | Good blog | Zerodha |
| Customer Support | Email/Tickets | Email/Chat | Groww |
| Margin Trading | Up to 5x | Up to 5x | Tie |
| API Access | Kite Connect | No | Zerodha |
💰 Real Cost Comparison: Long-term Investor
Scenario: Buy ₹50,000 worth stocks per month for 10 years (delivery, no trading)
| Cost Item | Zerodha | Groww |
|---|---|---|
| Total Brokerage on Equity Delivery | ₹0 | ₹24,000 (₹20 × 12 × 10) |
| AMC for 10 years | ₹3,000 | ₹0 |
| Total 10-year cost | ₹3,000 | ₹24,000 |
Winner for Long-term Investors: Zerodha saves ₹21,000+ over 10 years for delivery investors!
💰 Real Cost Comparison: Mutual Fund Investor
Scenario: ₹10,000 SIP in 3 mutual funds for 10 years
| Cost Item | Zerodha (Coin) | Groww |
|---|---|---|
| Mutual Fund Brokerage | ₹0 | ₹0 |
| AMC for 10 years | ₹3,000 | ₹0 |
| Total 10-year cost | ₹3,000 | ₹0 |
Winner for MF Investors: Groww is cheaper by ₹3,000. But difference is minimal compared to mutual fund returns.
Final Verdict
Both are excellent platforms, but they suit different users:
Zerodha wins hands down. Better charts, lower brokerage, advanced order types, and API access. Worth the ₹300 AMC.
Groww is better. Zero AMC, simpler UI, easier to start. Good enough for occasional stock trades.
If unsure, start with Groww. You can switch later if you become an active trader.
Why I Recommend Different Brokers for Different People
In 2024, two friends asked me which broker to use. Friend 1, Karan — IT professional, plans to start mutual fund SIPs and buy 5-7 stocks for long-term holding. I recommended Groww — clean interface, free direct mutual funds, simple to use. Friend 2, Pranav — actively trades, takes intraday positions, uses charts daily. I recommended Zerodha — best charting tool (Kite), advanced order types, ₹20 flat brokerage saves him serious money. One year later: Karan loves Groww's simplicity. Pranav swears by Zerodha's execution speed. Both are happy. The "best" broker depends entirely on what you do — there is no single answer.
Our Honest Recommendation
What We Recommend
Beginners + MF investors: Groww. Active traders + chart users: Zerodha. Both are SEBI-regulated, safe, and have ₹0 AMC. You can have accounts at both — many investors do.
Written by
Priya Sharma
Frequently Asked Questions
Zerodha vs Groww - which is better in 2026?
Zerodha is better for active traders (intraday/F&O) due to lower brokerage on delivery, better charts, and API access. Groww is better for beginners and MF-focused investors due to zero AMC and simpler interface. Choose based on your usage pattern.
Is Zerodha cheaper than Groww?
For equity delivery: Yes, Zerodha is FREE while Groww charges ₹20. For F&O/intraday: Both charge ₹20. For mutual funds: Both are free. AMC: Groww ₹0, Zerodha ₹300/yr. Total cost depends on your trading pattern.
Can I have both Zerodha and Groww accounts?
Yes, you can have demat accounts in multiple brokers. Many investors keep Zerodha for equity/F&O and Groww for mutual funds. Each account has its own AMC. Stocks transfer between brokers easily if needed.
Which is more reliable - Zerodha or Groww?
Zerodha is more established (founded 2010) and has rarely faced major outages. Groww (founded 2017) has had occasional technical issues during high-volume days. For mission-critical trading, Zerodha is more reliable.
How to switch from Zerodha to Groww (or vice versa)?
You can transfer all stocks from one demat to another using a Delivery Instruction Slip (DIS). Process takes 1-2 weeks. Mutual funds transfer is instant via "Switch" feature. Both brokers help with the migration process.
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Disclaimer: Information on this page is for educational purposes only. Rates, fees, and features are based on publicly available data as of May 2026 and may change. Please verify with respective providers before making decisions. We are not affiliated with any of the products listed.