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Indiabulls Securities Vs Zerodha Vs Groww: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “Indiabulls Securities Vs Zerodha Vs Groww: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare indiabulls securities vs zerodha vs groww on service, account opening charges and amc, compare indiabulls securities vs zerodha 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 Indiabulls Securities vs Zerodha vs Groww on Service
- Account Opening Charges and AMC
- Compare Indiabulls Securities vs Zerodha vs Groww on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare Indiabulls Securities vs Zerodha vs Groww on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare Indiabulls Securities vs Zerodha vs Groww on Transaction Charges
- Account Features
- Compare Indiabulls Securities vs Zerodha vs Groww on Account Features
- Trading Platform
- Compare Indiabulls Securities vs Zerodha vs Groww on Trading Platform
- Broker Ratings by Users
- Compare Indiabulls Securities vs Zerodha vs Groww on User Rating
- Investment Offerings
- Compare Indiabulls Securities vs Zerodha vs Groww on Investment Offerings
- Margin Trading Facility
- Compare Indiabulls Securities vs Zerodha vs Groww on MTF
- API
- Compare Indiabulls Securities vs Zerodha vs Groww on API Details
- Customer Service Offered
- Compare Indiabulls Securities vs Zerodha vs Groww on Customer Service
- Tips/Research/Reports Published
- Compare Indiabulls Securities vs Zerodha vs Groww on Research Reports, Tips
- Demat Account
- Compare Indiabulls Securities vs Zerodha vs Groww on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare Indiabulls Securities vs Zerodha vs Groww on Special Offers and Promotion
- Ready to start trading?
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.
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- No 3-in-1 account opening services.
- No 24/7 customer support.
- 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency
- 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency
- 📱 Kite & Coin – #1 Trading Platform & Mobile App
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Sat, May 9, 2026
Data Tables
| Segment |
Indiabulls Securities |
Zerodha |
Groww |
| Trading Account Opening Fees |
Free |
Free |
Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 25 + GST per month from 1st month |
Rs 300 PA (Free for 1st year) |
Free |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
Indiabulls Securities |
Zerodha |
Groww |
| Multiple Plans |
No |
No |
No |
| Monthly Plans |
Yes |
No |
No |
| Yearly Plans |
No |
No |
No |
|
Indiabulls Securities |
Zerodha |
Groww |
| Account Opening Request |
|
Link to open account |
Link to open account |
| Transaction Charges Compare |
Indiabulls Securities |
Zerodha |
Groww |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
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 |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
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 |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
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 |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for indiabulls-securities |
Complete Brokerage Plans for zerodha |
Complete Brokerage Plans for groww |
| Account Features Compare |
Indiabulls Securities |
Zerodha |
Groww |
| 3 in 1 Account |
No |
No |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
No |
| SMS Alerts |
Yes |
No |
No |
| Online Demo |
No |
Yes |
No |
| Online Portfolio |
Yes |
Yes |
Yes |
| Margin Trading Funding Available |
Yes |
Yes |
Yes |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
Yes |
| Intraday Square-off Time |
3:15PM |
3:20 PM |
3:10 PM |
| NRI Trading |
Yes |
Yes |
No |
| Other Features |
|
NIL |
NIL |
| Trading Platform Compare |
Indiabulls Securities |
Zerodha |
Groww |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
Power Indiabulls Web |
Zerodha Kite Web |
Yes |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
Indiabulls Securities App |
Zerodha Kite App |
Groww App |
| Mobile Trading App Demo |
Indiabulls Securities App |
Zerodha Kite App |
Groww App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android Indiabulls Securities App Download |
Android Zerodha Kite App Download |
Android Groww App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS Indiabulls Securities App Download |
iOS Zerodha Kite App Download |
iOS Groww App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for Indiabulls Securities |
Equity Intraday and Delivery Brokerage Calculator for Zerodha |
Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for Indiabulls Securities |
Futures Brokerage Calculator for Zerodha |
Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator |
Option Brokerage Calculator for Indiabulls Securities |
Option Brokerage Calculator for Zerodha |
Option Brokerage Calculator for Groww |
| Detail |
Detail on Trading Platforms for Indiabulls Securities |
Detail on Trading Platforms for Zerodha |
Detail on Trading Platforms for Groww |
|
Indiabulls Securities |
Zerodha |
Groww |
|
34 Customer reviews Rate |
162 Customer reviews Rate |
14 Customer reviews Rate |
| Fees Ratings |
3.6 |
4.0 |
4.2 |
| Trading Brokerage Rating |
3.5 |
4.4 |
3.6 |
| Trading Platform Usability |
3.9 |
3.7 |
3.9 |
| Customer Service Ratings |
3.4 |
3.8 |
3.4 |
| Overall Rating |
3.6 |
3.9 |
4.0 |
| Broker Rating |
Indiabulls Securities is Rated 3.6 / 5 based on 34 customer reviews |
Zerodha is Rated 3.9 / 5 based on 162 customer reviews |
Groww is Rated 4.00 / 5 based on 14 customer reviews |
| Investment Offerings Compare |
Indiabulls Securities |
Zerodha |
Groww |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
No |
| Commodity |
Yes |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
No |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
No |
| Insurance |
No |
No |
No |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
Yes |
Yes |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
Research & Advisory |
NIL |
NIL |
| MTF Compare |
Indiabulls Securities |
Zerodha |
Groww |
| MTF Leverage |
Up to about 4x leverage |
Upto 5x leverage on 1300+ stocks |
Upto 4x leverage with MTF |
| MTF Interest Rate |
14% p.a. |
0.04% per day (14.6% per annum) |
0.041% per day (14.95% per annum) |
| MTF Segment |
Equity Delivery |
Equity Delivery (NSE) |
Equity Delivery |
| MTF Pledge Charges |
₹20 per ISIN per pledge |
₹15 per ISIN |
₹20 per order |
| MTF Unpledged Charges |
₹20 per ISIN per unpledge |
₹15 per ISIN |
₹20 per order |
| Maximum MTF Funding |
– |
₹50 crore per account |
NA |
| API Compare |
Indiabulls Securities |
Zerodha |
Groww |
| API Type |
Portfolio API Order API WebSocket API Report API Basket API ScripMaster API |
Trading API Market Data API (Websocket API) Historical Data API Publisher API |
Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
| API Charges |
Free |
Kite Connect API: Rs 500 per month Personal: Free |
₹499/month |
| Customer Service Compare |
Indiabulls Securities |
Zerodha |
Groww |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
No |
Yes |
| Phone Support |
Yes |
Yes |
Yes |
| Toll Free Number |
No |
No |
No |
| Through Branches |
Yes |
Yes |
No |
| Customer Care Number |
022-61446300 |
"+ 91 80 4040 2020" |
9108800604 |
| Account Opening Process |
Online paperless |
Online/Paperless |
Online |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.ibullssecurities.com/blogs-page |
https://zerodha.com/varsity/ |
https://groww.in/digest |
| Head Office Address |
Indiabulls Securities HeadofficePlot no. 108, 5th Floor, IT Park, Udyog Vihar, Phase – I, Gurugram – 122016 |
Zerodha Headquater#153/154 4th Cross Dollars Colony,Opp. Clarence Public School,J.P Nagar 4th Phase,Bangalore – 560078 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website |
https://www.ibullssecurities.com/ |
https://zerodha.com/ |
https://groww.in/ |
|
Indiabulls Securities |
Zerodha |
Groww |
| Research Mutual Funds |
No |
No |
No |
| Research Equity Reports |
Yes |
No |
No |
| Research ETF |
No |
No |
No |
| Daily Market Report |
No |
No |
No |
| Free Tips |
No |
No |
No |
| Quarterly Result Analysis |
No |
No |
No |
| News Alerts |
Yes |
No |
No |
|
Indiabulls Securities |
Zerodha |
Groww |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
29900 |
81600 |
88700 |
| Demat Account Annual Maintenance Charges(AMC) |
Rs 25/month AMC + GST |
₹300 pa |
Zero |
| Advance Deposit |
Nil |
Nil |
Nil |
| Statutory charges |
Nil |
₹50 |
Legal Charges |
| Transaction Charges on Debit (Per ISIN) |
For BSDARs. 50/- or .05% of the transaction value (whichever is Higher).For Non BSDA-within Indiabulls: ₹20/- or .02% of the transaction value (whichever is Higher). For Non BSDA-Outside Indiabulls ₹30/- or .03% of the transaction value (whichever |
₹8 + ₹5.50 (CDSL Charges) per transaction |
₹8 + ₹5.50 CDSL charges |
| Demat |
₹5 per certificate (Min ₹50 per request) |
₹150 per certificate + ₹100 courier charges |
₹150 per certificate + courier charges |
| Remat |
₹35/- for every 100 securities/MF units or part thereof |
₹150 per certificate + ₹100 courier charges + CDSL Charges |
₹150 per certificate + courier charges |
| Pledge Creation |
₹35 or .02% of the transaction value (whichever is higher) |
₹20 + ₹12 CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure |
₹35 or .02% of the transaction value (whichever is higher) |
₹20 + ₹12 CDSL charges |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation |
₹35 or .02% of the transaction value (whichever is higher) |
Nil |
₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation |
₹35 or .02% of the transaction value (whichever is higher) |
₹20 |
₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges |
Nil |
₹50 per instraction |
₹50 |
| Other Charges |
Nil |
Nil |
Nil |
|
Indiabulls Securities |
Zerodha |
Groww |
| Likes |
Investment Product Suite with access to stocks, derivatives, currencies, commodities, IPOs, mutual funds, and other products. Quick and hassle-free onboarding process via Indiabulls Securities app or website Comprehensive trading platforms with mobile app, web portal, and PIB desktop terminal Offers advanced orders like basket order, bracket order, cover order. Free API Access and IB Algo for algo trading NRI trading is available with Indiabulls Securities. Detail Review… |
Enjoys a credible brand reputation Multiple products: Equity, F&O, IPO, MF, Bonds, G-secs, Cost-effective trading with flat fee and free investment in stocks, IPO, and mutual funds Hassle-free account opening Single margin account to trade in equity and commodity Zero minimum balance required in the Zerodha trading account Technologically advanced trading platforms and tools at no additional cost Add-on features like GTT order, alert trigger order, trade from charts, etc. Margin Trading Facility (MTF) Debt-free company 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 3-in-1 account opening services. No 24/7 customer support. Detail Review… |
Zerodha does not offer trading tips, research and advisory services. Software glitches in kite happen certain times. Zero brokerage unlimited trading plan is not offered. 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 Indiabulls for InvestorGain Visitors 🆓 Free Account Opening 💹 Max ₹11 per Order Brokerage on Equity, F&O, Commodities & Currency 💰 Free Mutual Funds & IPO Investment ⚡ Trade up to 4x Margin on MTF 🚀 Open Instant Indiabulls Account Now! |
🎯 Current Promotion Offer from Zerodha for InvestorGain Visitors: 🆓 Free Account Opening 📈 Free Delivery Trading 💹 Max ₹20 per Order Brokerage on Intraday, F&O, Commodities & Currency 💰 Free Direct Mutual Funds & IPO Investment 📱 Kite & Coin – #1 Trading Platform & Mobile App 🚀 Open Instant Zerodha Account |
🎁 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! |
|
|
Open Zerodha Account Now |
Open Groww Account Now |
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