ResourceStock Brokers
Alice Blue Vs Groww: Which one is better?
Last updated August 25, 2026
This IPO News reference page covers “Alice Blue Vs Groww: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare alice blue vs groww on service, account opening charges and amc, compare alice blue vs groww on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare Alice Blue vs Groww on Service
- Account Opening Charges and AMC
- Compare Alice Blue vs Groww on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Alice Blue vs Groww on Plan Options
- Account Opening
- Brokerage Charges
- Compare Alice Blue vs Groww on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare Alice Blue vs Groww on Account Features
- Trading Platform
- Compare Alice Blue vs Groww on Trading Platform
- Broker Ratings by Users
- Compare Alice Blue vs Groww on User Rating
- Investment Offerings
- Compare Alice Blue vs Groww on Investment Offerings
- Margin Trading Facility
- Compare Alice Blue vs Groww on MTF
- API
- Compare Alice Blue vs Groww on API Details
- Customer Service Offered
- Compare Alice Blue vs Groww on Customer Service
- Tips/Research/Reports Published
- Compare Alice Blue vs Groww on Research Reports, Tips
- Demat Account
- Compare Alice Blue vs Groww on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Alice Blue vs Groww on Special Offers and Promotion
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Groww Brokerage Plan detail – Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
- Trade on NSE, BSE, and MCX
- Rs 20/order maximum brokerage fee
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- 💹 Flat ₹20 Brokerage Charges per Order
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Fri, May 8, 2026
Data Tables
| Segment |
Alice Blue |
Groww |
| Trading Account Opening Fees |
Free |
Free |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Free |
Free |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
Alice Blue |
Groww |
| Multiple Plans |
No |
No |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
Alice Blue |
Groww |
| Account Opening Request |
|
Open Groww Account |
| Brokerage Charges Compare |
Alice Blue |
Groww |
| Plan Name |
Rs 20 Flat brokerage plan |
Flat Rs 20 |
| Equity Delivery |
2.5% or Rs 20 |
0.1% or Rs 20 |
| Equity Intraday |
0.05% or Rs 20 |
0.1% or Rs 20 |
| Equity Futures |
0.05% or Rs 20 |
Flat Fee Rs 20 |
| Equity Options |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Currency Futures |
0.05% or Rs 20 |
Not Available |
| Currency Options |
Flat Fee Rs 20 |
Not Available |
| Commodity Trading |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Minimum Brokerage |
NA |
Rs 2 on equity trading |
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 50 per order + GST |
NA |
| Auto Square off Charges |
Rs 50 per order + GST |
Rs 50 Per Executable Order |
| Brokerage Calculator |
Brokerage Calculator for Alice Blue |
Brokerage Calculator for Groww |
| Transaction Charges Compare |
Alice Blue |
Groww |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for alice-blue |
Complete Brokerage Plans for groww |
| Account Features Compare |
Alice Blue |
Groww |
| 3 in 1 Account |
No |
No |
| Charting |
Yes |
Yes |
| Algo Trading |
Yes |
No |
| SMS Alerts |
No |
No |
| Online Demo |
No |
No |
| Online Portfolio |
Yes |
Yes |
| Margin Trading Funding Available |
No |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
3:10 PM |
| NRI Trading |
Yes |
No |
| Other Features |
NIL |
NIL |
| Trading Platform Compare |
Alice Blue |
Groww |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
ANT Web |
Yes |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
ANT Mobi |
Groww App |
| Mobile Trading App Demo |
ANT Mobi |
Groww App |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android ANT Mobi Download |
Android Groww App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS ANT Mobi Download |
iOS Groww App Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Alice Blue |
Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator |
Option Brokerage Calculator for Alice Blue |
Option Brokerage Calculator for Groww |
| Detail |
Detail on Trading Platforms for Alice Blue |
Detail on Trading Platforms for Groww |
|
Alice Blue |
Groww |
|
20 Customer reviews Rate |
14 Customer reviews Rate |
| Fees Ratings |
1.1 |
4.2 |
| Trading Brokerage Rating |
1.4 |
3.6 |
| Trading Platform Usability |
0.9 |
3.9 |
| Customer Service Ratings |
1.1 |
3.4 |
| Overall Rating |
0.8 |
4.0 |
| Broker Rating |
Alice Blue is Rated 0.8 / 5 based on 20 customer reviews |
Groww is Rated 4.0 / 5 based on 14 customer reviews |
| Investment Offerings Compare |
Alice Blue |
Groww |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
No |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
Yes |
No |
| ETF |
Yes |
Yes |
| Banking |
No |
No |
| Insurance |
No |
No |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
Yes |
Yes |
| PMS Service |
No |
No |
| Other Investment Options |
NIL |
NIL |
| MTF Compare |
Alice Blue |
Groww |
| MTF Leverage |
– |
Upto 4x leverage with MTF |
| MTF Interest Rate |
– |
0.041% per day (14.95% per annum) |
| MTF Segment |
– |
Equity Delivery |
| MTF Pledge Charges |
– |
₹20 per order |
| MTF Unpledged Charges |
– |
₹20 per order |
| Maximum MTF Funding |
– |
NA |
| API Compare |
Alice Blue |
Groww |
| API Type |
Order Management API Portfolio API Historical Data API Live Market Data API (Websocket) Funds and Margin API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
| API Charges |
Free |
₹499/month |
| Customer Service Compare |
Alice Blue |
Groww |
| 24/7 Customer Service |
No |
No |
| Email Support |
No |
Yes |
| Online Live Chat |
Yes |
Yes |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
No |
| Through Branches |
Yes |
No |
| Customer Care Number |
08035215000/080-45490850 |
9108800604 |
| Account Opening Process |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://tradeschool.aliceblueonline.com/ |
https://groww.in/digest |
| Head Office Address |
Alice Blue,No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road,Dwaraka Nagar,Yelahanka,Bangalore – 560063 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website |
https://www.aliceblueonline.com |
https://groww.in/ |
|
Alice Blue |
Groww |
| Research Mutual Funds |
No |
No |
| Research Equity Reports |
No |
No |
| Research ETF |
No |
No |
| Daily Market Report |
Yes |
No |
| Free Tips |
No |
No |
| Quarterly Result Analysis |
No |
No |
| News Alerts |
No |
No |
|
Alice Blue |
Groww |
| DP Source |
CDSL |
CDSL |
| DP ID |
85300 |
88700 |
| Demat Account Annual Maintenance Charges(AMC) |
₹400 pa |
Zero |
| Advance Deposit |
Rs 0 |
Nil |
| Statutory charges |
Rs 150 Stamp Charges |
Legal Charges |
| Transaction Charges on Debit (Per ISIN) |
0.04% of the value of the transaction |
₹8 + ₹5.50 CDSL charges |
| Demat |
₹10 per certificate + ₹50 courier charges |
₹150 per certificate + courier charges |
| Remat |
₹30 per certificate + CDSL charges |
₹150 per certificate + courier charges |
| Pledge Creation |
₹20 + CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure |
₹20 + CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation |
₹20 + CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges |
Nil |
₹50 |
| Other Charges |
Nil |
Nil |
|
Alice Blue |
Groww |
| Likes |
Trade on NSE, BSE, and MCX No brokerage on IPO and mutual funds Zero account opening charges Zero account maintenance fee. Rs 20/order maximum brokerage fee Free Inuvest Advisory services and trading insights across segments TradingView charts, lots of technical indicators, stock and F&O screeners. Stock SIP in equity Great technology platforms for trading and investment Free access to ANT API Strong PAN India Presence Dedicated mutual fund investment app TradeSchool (Web and app) a free stock market education platform Place bracket order, cover order, GTT order, and basket order. Margin Trading facility (MTF) Detail Review… |
Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) Detail Review… |
| Dislikes |
No NRI Trading No zero brokerage unlimited trading plan Sometimes, its platform experienced technical glitches. Detail Review… |
No NRI Trading No intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. Detail Review… |
| Special Offers/Promo |
🔷 Current Promotion Offer from Alice Blue for InvestorGain Visitors: 🆓 Free Account Opening 📭 Lifetime Zero Demat AMC Account 💹 Flat ₹20 Brokerage Charges per Order 🚀 Open Instant Alice Blue Account Now! |
🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
| Enquiry |
|
Open Groww Account Now |
Source record: View original public source ↗
