Head-to-head
Zerodha vs Groww: Which Broker Is Better in 2026?
Zerodha and Groww are India's two most popular brokers — but they serve different investors. Zerodha wins on pricing purity and platform maturity; Groww wins on ease-of-use and all-in-one investing. This page compares pricing, platforms, mutual funds, IPOs and support side by side.
Pricing confirmation pending — verify on the official site before acting.
4.6/ 5 | 4.5/ 5 | |
|---|---|---|
| Best for | Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally. | Beginners and mutual-fund investors who want one simple app for everything. |
| Account opening | ₹200confirming | ₹0confirming |
| Annual maintenance (AMC) | ₹300/yearconfirming | ₹0confirming |
| Equity delivery | ₹0confirming | ₹20 per orderconfirming |
| Intraday | ₹20 or 0.03% 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.
Pick Zerodha if you want ₹0 delivery, flat ₹20 trading, and the mature Kite platform — and you're comfortable learning the ropes yourself.
Pick Groww if you're a beginner or want stocks, mutual funds, IPOs and US stocks in one simple app — and you trade in modest sizes where flat fees don't hurt.
Our verdict
Delivery investors and F&O traders: Zerodha. Beginners and one-app investors: Groww. Both are SEBI-registered and safe; the right choice depends on how you invest, not which brand is "best".
Zerodha: strengths & weaknesses
What we like
- ₹0 equity delivery brokerage
- Simple flat ₹20 intraday/F&O pricing
- Mature Kite web + mobile platform
- Strong Varsity investor-education library
Watch out for
- ₹200 account opening fee
- ₹300/year AMC
- No research-advisory for beginners
- Support can be slow on volatile days
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
FAQs
Which is cheaper: Zerodha or Groww?
For equity delivery both are effectively minimal (Zerodha charges ₹0; Groww a small flat fee). For frequent small-size intraday trades, compare the flat ₹20/order each charges — percentage-based full-service brokers can be cheaper for tiny orders but costlier at size. See the pricing table above for the current verified figures.
Should a beginner choose Zerodha or Groww?
Most absolute beginners find Groww simpler (onboarding, MF + stocks in one app). Zerodha rewards a small learning curve with lower long-term costs and a more powerful platform.