Is Groww better than Zerodha
Groww and Zerodha are two of India's most popular online trading platforms. Both platforms offer their customers a wide range of features and benefits to trade in the Indian stock market. In this article, we will compare both platforms and help you decide which is better.
Is Groww better than Zerodha?
You
can check the comparison of Groww and Zerodha below.
Comparison
Table:
|
Criteria |
Groww |
Zerodha |
Read More |
|
Account Opening Process |
Only Online method |
Offline and Online methods |
Zerodha Groww |
|
Account Opening Charges |
No charges |
Equity Demat and trading
account: Rs. 200 (only for online process) |
|
|
AMC Charges |
No charges |
Rs 300 per year |
|
|
Trading Platform |
Groww mobile app and web
platform |
Kite, Coin, and Varsity |
|
|
Margin and Exposure |
Equity Delivery 1x (100% of trade value) |
Equity 20% of the trade value
based on the volatility of the stock |
|
|
Brokerage Charges |
Equity Brokerage: Rs. 20 per executed
order |
Equity delivery: ₹ 0
brokerages. |
|
|
User Interface |
Modern and simplistic
interface |
Slightly complex interface |
|
|
Investment Options |
US stocks and wider mutual
fund options |
No option to invest in US
stocks |
|
|
Customer Support |
Multiple channels available |
Dedicated support portal is available |
|
|
Other Special Features |
Algo Trading |
Conclusion
Both Groww and Zerodha have their own strengths and weaknesses, and choosing the right platform for you will depend on your specific needs and preferences. If you are a beginner trader looking for a modern and simplistic platform, Groww might be your better choice. On the other hand, if you are an experienced trader looking for more advanced features and tools, Zerodha might be the better option. Ultimately, it is important to do your research and compare both platforms thoroughly before making a decision.
0 comments