Home › Broker Reviews › Compare All

📊 Zerodha vs Groww vs Upstox vs Angel One

Side-by-side comparison of India's top 4 discount brokers — charges, features & verdict (2026)

⚡
Zerodha
Our Top Pick
4.5 ★
🌱
Groww
Best for Beginners
4.1 ★
📊
Upstox
For Active Traders
3.9 ★
👼
Angel One
With Research
3.8 ★

💰 Charges Comparison

Feature ⚡ Zerodha 🌱 Groww 📊 Upstox 👼 Angel One
Equity Delivery ₹0 FREE ₹20/order ₹20 or 0.01% ₹0 FREE
Intraday / F&O ₹20/order ₹20/order ₹20 or 0.01% ₹20/order
Account Opening ₹0 FREE ₹0 FREE ₹0 FREE ₹0 FREE
Demat AMC ₹300/yr 1st yr FREE ₹0 FREE ₹300/yr 1st yr FREE ₹240/yr (yr 1 too)
DP Sell Charges ₹13.5 + GST ₹13.5 + GST ₹18.5 + GST ₹20 + GST
IPO Application ₹0 FREE ₹0 FREE ₹0 FREE ₹0 FREE
Mutual Funds ₹0 FREE ₹0 FREE ₹0 FREE ₹0 FREE

🔧 Features Comparison

Feature ⚡ Zerodha 🌱 Groww 📊 Upstox 👼 Angel One
Trading Platform Kite (Best) Groww App Pro Web Angel One App
Advanced Charting ✓ TradingView ✗ Basic ✓ Good ✓ Decent
Mutual Funds App Coin (Best) Groww (Best) Basic Angel Bee
Research Reports ✗ None ✗ None ✗ Basic ✓ In-house
Free Education Varsity (Best) Blog only Blog only Basic
US Stocks ✗ No ✓ Yes ✗ No ✗ No
Commodity Trading ✓ MCX ✗ No ✓ MCX ✓ MCX
Mobile App Quality Excellent Excellent Good Average
Uptime / Reliability Very High High High Average
Active Clients 1.5 Cr+ 1 Cr+ 70 L+ 75 L+
Founded 2010 2016 2012 1987

🎯 Who Should Choose What?

⚡ Zerodha

Best for IPO investors, long-term stock holders, and serious traders. Zero delivery charge saves money every trade. Kite is India's best platform.

🌱 Groww

Best for first-time investors and mutual fund SIP investors. Zero AMC is a plus. But ₹20/delivery makes it costlier for stock traders.

📊 Upstox

Best for active intraday traders who need advanced charting tools. Not ideal for long-term investors — ₹300/yr AMC and ₹18.5 DP charges are higher.

👼 Angel One

Good if you want free delivery + built-in research. But ₹240/yr AMC (from year 1) and ₹20 DP charges make it the most expensive overall.

🏆 Overall Verdict

Winner: Zerodha — Zero delivery brokerage, India's best Kite platform, Coin for direct MFs, Varsity for learning, lowest DP charges (₹13.5), and 1.5 Cr+ active clients make Zerodha the #1 choice for most investors. The only downside is no in-house research and ₹300/year AMC from year 2 (1st year free).
Runner Up: Groww — Best for complete beginners due to simple UI and zero AMC. But pay ₹20 on every stock delivery trade.
3rd: Upstox — Feature-rich for traders but more expensive overall for long-term investors.
4th: Angel One — Trusted brand with research, but highest total cost of ownership.
🔥 Open Zerodha — Get ₹100 Reward!

India's #1 Broker — Zero Delivery Brokerage

Open your first Zerodha account via our referral and get ₹100 cash reward. Max 5 users/month. Email your Client ID to claim.

⚡ Open Free Zerodha Account & Claim ₹100

Max 5 claims/month · Email Client ID to contact@ipobee.in · One claim per PAN