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Broker Comparison

Groww vs Upstox

Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.

Data verified: 2026-07-31

GR

Groww

Discount / Investment Platform
Account opening₹0
AMC₹0
Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5
UP

Upstox

Discount Broker
Account openingFree
AMC₹0 first year
Intraday₹20 or 0.1% per executed order, whichever is lower

Groww vs Upstox: Quick comparison

Key charges and account features side by side.

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FeatureGrowwUpstox
Broker typeDiscount / Investment PlatformDiscount Broker
Account opening₹0Free
Annual maintenance₹0₹0 first year
Equity delivery₹20 or 0.1% per executed order, whichever is lower; minimum ₹5₹20 per executed order
Equity intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5₹20 or 0.1% per executed order, whichever is lower
Futures₹20 per executed order₹20 or 0.05% per executed order, whichever is lower
Options₹20 per executed order₹20 per executed order
CommodityAvailable only where enabled by the broker; verify current segment availability and tariff.₹20 per executed order or 0.05% (whichever is lower)
CurrencyAvailable only where enabled by the broker; verify current segment availability and tariff.₹20 per executed order or 0.05% (whichever is lower)
DP chargesCharged on eligible Demat debit transactions; verify the current per-ISIN tariff on the official pricing page.₹20.0 + GST
MTFAvailability, eligible securities and interest rate are broker/plan-dependent; verify the official MTF terms.₹50 + GST
Call & tradeMay attract an additional assisted-order charge; verify the current tariff.₹75 + GST
Customer supportOfficial app/web help centre, ticket, email and/or phone support; channels vary by broker.Official app/web help centre, ticket, email and/or phone support.
Active UsersCheck official tariffApproximately 2.5 million active clients.

About Groww

Groww is an Indian investment and trading platform included in TheShareBrokers broker database. It provides access to listed-market products through its official mobile and/or web platforms. Charges and product availability can vary by segment, account type and selected plan, so users should verify the linked official tariff before making a decision.

About Upstox

Upstox is a technology-driven discount broker in India that offers online investing and trading services at competitive charges. Users can trade in equities, commodities, currencies, futures, and options through its mobile and web-based platforms.

The company is backed by prominent investors, including Ratan Tata and Kalaari Capital. Upstox focuses on providing a simple, fast, and accessible trading experience for both beginners and active traders.

Its trading platforms offer advanced charts, technical indicators, watchlists, order management tools, and portfolio tracking features. Users can access equity delivery, intraday trading, futures and options, commodities, and currency derivatives through a single Upstox account.

Groww platforms

  • Groww mobile app and web platform

Groww products

  • Indian stocks, F&O, IPOs, ETFs and mutual funds

Trading Platforms & Tools

  • Upstox offers web and mobile trading platforms designed for investors and active traders. Its tools include advanced charts, technical indicators, multiple order types, customizable watchlists, price alerts, option chain analysis, portfolio tracking, and real-time market data. Users can trade in equities, futures and options, commodities, and currencies, as well as invest in mutual funds, IPOs, ETFs, and other financial products through a single account

Products Offered

  • Upstox offers a wide range of investment and trading products, including equity delivery, intraday trading, futures and options, commodities, currencies, mutual funds, IPOs, ETFs, bonds, and government securities. Users can access and manage these products through a single Demat and trading account.

Groww pros and cons

Pros
  • Established broker/platform access; integrated Groww mobile app and web platform; broad access to Indian stocks, F&O, IPOs, ETFs and mutual funds.
Cons
  • Charges may vary by plan or promotional period; some segments require separate activation; users should verify the latest tariff and platform availability.

Upstox pros and cons

Pros
  • Advanced trading tools and charts
  • Wide range of investment products
  • Low and transparent brokerage
Cons
  • Does not offer a 3-in-1 account.
  • Does not offer unlimited monthly trading plans.

Which broker should you choose?

Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.

Read complete broker reviews

Frequently asked questions

Is Groww a SEBI-registered stock broker?

Groww operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at Groww?

Groww brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does Groww charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on Groww?

The products field on this page lists the major investment and trading segments available through Groww. Availability and activation requirements may vary by user and segment.

Who should consider Groww?

Groww may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.

Is Upstox a SEBI-registered stock broker?

Upstox operates through a regulated broking entity. Check the current SEBI registration and exchange membership shown on the broker’s official regulatory or disclosure page before opening an account.

What are the brokerage charges at Upstox?

Upstox brokerage can vary by segment, plan and promotional period. Use the official tariff or pricing page linked in this record and confirm the selected plan during account opening.

Does Upstox charge Demat AMC?

Demat maintenance charges may depend on the account type, BSDA eligibility, plan or introductory offer. Confirm the current AMC from the official tariff before applying.

Which products are available on Upstox?

The products field on this page lists the major investment and trading segments available through Upstox. Availability and activation requirements may vary by user and segment.

Who should consider Upstox?

Upstox may suit users whose required products, platform features, support model and total charges match their needs. Compare the verified tariff and platform features with at least one alternative broker.