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Compare brokers, including us

This page does not declare a winner. Comparison tables published by brokers almost always do, and that is precisely why they are worth very little. The categories below are factual, the sources are linked, and our column gets no special treatment.

We have not filled this table with numbers from memory. Broker pricing changes often, and a comparison table that is quietly out of date is worse than no table at all. Each cell links to that broker’s own published tariff page — including ours. Check the source, not the summary.
Broker comparison across factual categories
Category Trade GrowZerodhaGrowwAngel OneUpstox
Account Opening ChargeOne-time charge to open the trading and demat account. ₹0 (Digital e-KYC)₹200 (Equity)₹0₹0₹0
Demat AMCAnnual maintenance charge on the demat account. ₹0 for 1st Year₹300/year + GST₹0₹0 for 1st Year, then ₹20/mo₹150/year + GST
Brokerage: Equity Delivery ₹0 under plan terms₹0₹20 or 0.05% per order₹0₹20 or 2.5% per order
Brokerage: Equity Intraday ₹20 or 0.05% per order₹20 or 0.03% per order₹20 or 0.05% per order₹20 or 0.25% per order₹20 or 0.05% per order
Brokerage: Futures & Options ₹20 per executed order₹20 per executed order₹20 per executed order₹20 per executed order₹20 per executed order
DP Charges (on delivery sell)Charged per scrip per day by the depository and the DP. ₹13.50 + GST per scrip₹13.50 + GST per scrip₹13.50 + GST per scrip₹20.00 + GST per scrip₹18.50 + GST per scrip
Statutory Charges (STT, GST, Stamp Duty, Exchange, SEBI)Identical across all brokers. These are set by the Government, Exchanges and SEBI, not by the broker. Same for every broker by lawSame for every broker by lawSame for every broker by lawSame for every broker by lawSame for every broker by law
Trading PlatformsMobile app, web terminal, desktop terminal. Web Terminal & Mobile AppKite (Web, Mobile)Groww App & WebAngel One App & WebUpstox Pro (Web, Mobile)
Product AvailabilityEquity, F&O, Currency, Commodity, Mutual Funds, IPO, Bonds. Equity Cash, Intraday, F&OEquity, F&O, Currency, Commodity, MF, IPOEquity, F&O, MF, IPOEquity, F&O, Commodity, Currency, MFEquity, F&O, Commodity, Currency, MF, IPO
KYC Process 100% Digital Digilocker e-KYC100% Digital e-KYC100% Digital e-KYC100% Digital e-KYC100% Digital e-KYC
Customer Support Channels Phone, Email, WhatsApp, Ticket DeskPhone, Ticket PortalIn-app Help, EmailPhone, Chat, Ticket DeskPhone, Ticket Desk, Chat
Research / Advisory No tips / Execution onlyNo advisory desk / Varsity EducationNo advisory / Educational contentAdvisory / Research reportsMarket analysis & News feed
API Access Trading APIs (Developer Portal)Kite Connect API (Paid)Trading APISmartAPI (Free)Upstox API (Free/Paid tiers)
Other Charges (call & trade, auto square-off) Call & Trade: ₹50 / Auto Squareoff: ₹50Call & Trade: ₹50 / Auto Squareoff: ₹50Call & Trade: ₹50 / Auto Squareoff: ₹50Call & Trade: ₹20 / Auto Squareoff: ₹20Call & Trade: ₹50 / Auto Squareoff: ₹50

Brokerage and charges change frequently. Always verify the latest pricing directly with the respective broker before deciding. Trade Grow does not control and is not responsible for information published by other brokers. Competitor names and trademarks belong to their respective owners and are used here only for factual comparison.

How to compare brokers properly

  1. Compare total cost per trade, not just brokerage. A nil-brokerage plan still carries statutory charges.
  2. Check the charges that match how you actually trade. Delivery investors care about DP charges and AMC; intraday traders care about per-order brokerage.
  3. Read the conditions attached to any promotional pricing: which segments, for how long, and what the rate becomes afterwards.
  4. Check platform stability and support responsiveness, not only price. The cheapest platform is expensive if you cannot exit a position.
  5. Verify every broker's SEBI registration and exchange membership independently before opening an account with any of them, including us.

What a comparison table cannot tell you

Price is the easiest thing to tabulate and often not the most important thing. Things that do not fit in a table but matter more than a few rupees of brokerage:

  • Whether the platform stays up on a high-volume day, when you most need to exit
  • How long it takes to reach a human when something has gone wrong with your money
  • Whether withdrawal requests are processed on the stated timeline, consistently
  • Whether the broker’s charge list matches the contract notes it actually issues

We are new, so we have no track record on any of these. We are not going to pretend otherwise, and you should weigh that honestly against whatever pricing advantage exists.

A fair note about the other brokers here

The platforms listed alongside us are established businesses with large customer bases, and several of them have been operating for over a decade. That is a genuine advantage they have and we do not.

You do not need to close an existing account to try another platform. Holding accounts with more than one broker is common and entirely permitted. Evaluating us does not require you to leave anyone.

Competitor names and trademarks belong to their respective owners and appear here only for factual comparison.

Run your own numbers

Put a trade you would realistically place into our calculator, then price the same trade with your current broker. That comparison is worth more than any table we could publish.

Verify us Pricing Open account