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Ronak Munjapara
Ronak Munjapara

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Brokerage Breakdown: Comparing Indian Stock Broker Apps in a Table

Feature Groww Zerodha Upstox Sharekhan Angel One
Brokerage Charges ₹0 for Equity, ₹20 per order for F&O ₹0 for Equity, ₹20 per order for F&O ₹0 for Equity, ₹20 per order for F&O ₹20 per order for Equity, ₹50 for F&O ₹20 per order for Equity, ₹20 for F&O
Account Opening Charges Free Free Free ₹999 (currently waived) Free
Annual Maintenance Charge ₹0 ₹300 (first year free) ₹0 ₹400 ₹0
Trading Platforms Web, Mobile App Kite (Web, Mobile App) Upstox Pro (Web, Mobile App) Sharekhan App & Website Angel One App & Website
Investment Options Equity, Mutual Funds, F&O Equity, Mutual Funds, F&O Equity, Mutual Funds, F&O Equity, Mutual Funds, F&O, IPOs Equity, Mutual Funds, F&O, IPOs
Research & Advisory Basic Research Detailed research and reports Basic Research Extensive research and advisory services Good research and advisory
Customer Support Email, Chat Phone, Email, Chat Phone, Email, Chat Phone, Email, Chat Phone, Email, Chat
Margin Trading Yes Yes Yes Yes Yes
Trading Tools Basic Charting Tools Advanced Charting Tools Advanced Charting Tools Comprehensive tools Advanced trading tools
Referral Bonus ₹500 per referral ₹100 per referral ₹300 per referral Varies by offer ₹100 per referral
Ease of Use User-friendly UI Intuitive interface User-friendly UI Slightly complex UI User-friendly UI
Unique Features Goal-based investing Direct Market Access (DMA) Upstox Pro with advanced features Extensive offline support Integrated financial services

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