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Head-to-head

Groww vs Upstox: Beginner App vs Trader Platform

Groww and Upstox both charge flat per-order fees, but Groww optimises for simplicity while Upstox targets faster, more technical traders. Here is how they compare on pricing, platforms, APIs and support.

Pricing confirmation pending — verify on the official site before acting.

Comparison of Groww, Upstox: pricing, ratings and key facts
4.5/ 5
4.3/ 5
Best forBeginners and mutual-fund investors who want one simple app for everything.Mobile-first traders and developers who use trading APIs.
Account opening₹0confirming₹0confirming
Annual maintenance (AMC)₹0confirming₹0confirming
Equity delivery₹20 per orderconfirming₹20 per orderconfirming
Intraday₹20 per orderconfirming₹20 per orderconfirming
Options₹20 per orderconfirming₹20 per orderconfirming
Futures₹20 per orderconfirming₹20 per orderconfirming
Mutual funds✓ Supported✓ Supported
IPO✓ Supported✓ Supported
US stocks✓ Supported

Highlighted rows differ. “Confirming” means we haven't re-verified that figure yet — check the official pricing page.

4.5/ 5

Pick Groww if you want the simplest possible start — mutual funds, stocks and IPOs with minimal learning curve.

4.3/ 5

Pick Upstox if you trade actively, want better charts and speed, or plan to use trading APIs.

Our verdict

Beginners: Groww. Active traders and developers: Upstox.

Groww: strengths & weaknesses

What we like

  • Easiest onboarding for first-time investors
  • Stocks, MFs, IPOs and US stocks in one app
  • Clean, modern mobile experience
  • Free account opening

Watch out for

  • Flat per-order pricing adds up for small trades
  • Limited advanced charting vs Kite/TradingView depth
  • Research content is basic

Upstox: strengths & weaknesses

What we like

  • Free account opening
  • Fast Pro web + mobile platforms
  • Good API for algo traders
  • Competitive flat pricing

Watch out for

  • AMC and platform nuances change often — verify
  • Support quality is inconsistent
  • Margin-trading funding costs add up

FAQs

Groww vs Upstox for mutual funds?

Groww has the deeper mutual-fund experience (it started as an MF platform). Upstox supports MFs but traders are its core audience.

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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.