Zerodha Demat & Trading Account vs Groww Demat & Trading Account— Detailed Comparison 2026
Choosing between Zerodha Demat & Trading Account and Groww Demat & Trading Account? Both are popular options in the demat account space in India, but they differ in pricing, features, and target audience. In this 2026 comparison, we break down every detail side by side — from fees and benefits to user ratings — so you can make an informed decision.
Zerodha Demat & Trading Account
Zerodha
Active traders and self-directed investors who don't need advisory
Groww Demat & Trading Account
Groww
First-time investors and mutual fund SIP beginners
Feature-by-Feature Comparison
| Feature | Zerodha Demat & Trading Account | Groww Demat & Trading Account | Winner |
|---|---|---|---|
| Account Opening Charge | ₹200 | Free | Groww |
| Annual Maintenance (AMC) | ₹300 | Free | Groww |
| Equity Delivery Brokerage | Zero (free) | Zero (free) | Tie |
| Equity Intraday Brokerage | Rs 20 per order or 0.03%, whichever is lower | Rs 20 per order or 0.05%, whichever is lower | Tie |
| Futures Brokerage | Rs 20 per order or 0.03%, whichever is lower | Rs 20 per order or 0.05%, whichever is lower | Tie |
| Options Brokerage | Rs 20 per order (flat) | Rs 20 per order (flat) | Tie |
| Mutual Fund Commission | Zero — direct mutual funds only | Zero — direct mutual funds | Tie |
| Research Reports | ✘ | ✘ | Tie |
| Margin Trading | ✔ | ✔ | Tie |
| IPO Access | ✔ | ✔ | Tie |
| Mutual Funds | ✔ | ✔ | Tie |
| NFO Access | ✔ | ✔ | Tie |
| Best For | Active traders and self-directed investors who don't need advisory | First-time investors and mutual fund SIP beginners | Tie |
| Overall Rating | ★★★★★★4.7 | ★★★★★★4.5 | Zerodha |
Pros & Cons
Zerodha Demat & Trading Account
+Advantages
- ✔India's largest broker with 1.5 crore+ active clients
- ✔Zero brokerage on equity delivery trades
- ✔Best-in-class Kite trading platform
- ✔Free direct mutual fund investments via Coin
- ✔Extensive educational content at Varsity
−Disadvantages
- ✘No research or advisory service
- ✘No 3-in-1 bank account integration
- ✘Customer support can be slow during peak hours
- ✘Rs 20 brokerage on intraday and F&O
Groww Demat & Trading Account
+Advantages
- ✔Most user-friendly app for beginners
- ✔Zero account opening charges
- ✔Zero brokerage on equity delivery
- ✔Excellent mutual fund and SIP interface
- ✔Fastest growing broker in India
−Disadvantages
- ✘Limited advanced charting tools
- ✘No desktop trading terminal
- ✘F&O tools less mature than Zerodha
- ✘No commodity trading
Our Verdict: Zerodha Demat & Trading Account vs Groww Demat & Trading Account
Based on our analysis, Zerodha Demat & Trading Account edges ahead with a rating of 4.7/5 compared to Groww Demat & Trading Account's 4.5/5. With a difference of 0.2 points, Zerodha Demat & Trading Account offers a stronger overall package. However, Groww Demat & Trading Account may be better suited for specific use cases — review the feature-by-feature comparison above to decide what works best for your needs.