Zerodha vs Groww 2026: Complete Comparison for Indian Investors
Two of India's most popular investment platforms go head-to-head. We compare brokerage charges, annual fees, app experience, fund selection and more — then tell you which one fits your investing style best.
Feature-by-Feature Comparison
| Feature | Zerodha | Groww |
|---|---|---|
| Brokerage (Delivery) | ₹20/order or 0.03% | ₹20/order or 0.05% |
| Brokerage (Intraday) | ₹20/order or 0.03% | ₹20/order or 0.05% |
| Annual Maintenance (AMC) | ₹300/year | ₹0 (Free) |
| DP Charges | ₹15.34 per sell txn | ₹13.5 + GST per sell txn |
| Account Opening | Free | Free |
| Trading Platforms | Kite (Web & App) + Console | Groww App & Web |
| Mutual Funds | Via Coin (Direct Plans) | In-app (Direct Plans) |
| Stocks & F&O | Yes (BSE, NSE) | Yes (BSE, NSE) |
| IPO Application | Yes (UPI-based) | Yes (UPI-based) |
| Play Store Rating | 4.2 ★ | 4.3 ★ |
Zerodha — Pros & Cons
Pros
- Industry-leading charting (ChartIQ) on Kite
- Excellent Varsity learning platform (free)
- Robust API for algo traders
- Largest broker by active users — proven reliability
- Low impact cost with smart order routing
Cons
- ₹300/year AMC — adds up for inactive accounts
- Coin (mutual fund) is a separate experience
- UI can feel overwhelming for first-time investors
Groww — Pros & Cons
Pros
- Zero AMC — no annual maintenance charge
- Extremely beginner-friendly interface
- Mutual funds, stocks, IPOs all in one clean app
- Quick onboarding — account ready in minutes
- Slightly lower DP charges
Cons
- Limited advanced charting tools
- No API access for algo trading
- Higher delivery brokerage percentage (0.05% vs 0.03%)
Our Verdict
Best for Beginners
Groww
Zero AMC, clean UI, and effortless onboarding make Groww the ideal first broker for new investors.
Best for Active Traders
Zerodha
Advanced charting, API access, and Varsity make Zerodha the go-to for serious, active traders.
Frequently Asked Questions
Is Zerodha or Groww better for beginners?
Groww is generally better for beginners due to its simpler interface, zero AMC charges, and an intuitive onboarding process. Zerodha offers more advanced tools but has a steeper learning curve.
What are the brokerage charges for Zerodha and Groww?
Both charge ₹20 per executed order for intraday and F&O trades. For delivery trades, Zerodha charges 0.03% or ₹20 (whichever is lower) while Groww charges 0.05% or ₹20 (whichever is lower).
Which platform is better for mutual fund SIP?
Both offer direct mutual fund plans. Groww provides a smoother SIP setup experience with an easier-to-navigate interface. Zerodha uses its Coin platform for mutual funds which is functional but a separate app experience.
Do Zerodha and Groww charge account opening fees?
No, both Zerodha and Groww offer free account opening as of 2026. However, Zerodha charges ₹300/year as Annual Maintenance Charge (AMC) for the demat account while Groww charges zero AMC.
Which broker has a better mobile app rating?
Groww has a slightly higher Play Store rating of 4.3★ compared to Zerodha Kite's 4.2★. Both apps are well-designed, but Groww's interface is more beginner-friendly while Kite caters to active traders with advanced charting.
Can I trade stocks and IPOs on both Zerodha and Groww?
Yes, both platforms support stock trading (BSE & NSE) and IPO applications via UPI. Groww also integrates IPO tracking directly in its main app, making it slightly easier for casual investors.