ForexFee

ForexFee is a comparison platform, not a financial adviser. This is not investment advice. Always research investments independently.

Invest · Broker comparison

Zerodha vs Groww

Zerodha vs Groww compared for Indian investors — domestic stock trading, mutual funds, F&O, app quality, and which to choose for your investing style.

Winner on FX cost: Zerodha

Zerodha wins on platform depth, trading tools, and F&O. Groww wins on mutual fund UX and simplicity for beginners. Neither offers US stocks.

Zerodha

3

metrics won

✓ Winner

vs

1 ties

Groww

2

metrics won

Zerodha vs Groww: Full comparison

MetricZerodhaGrowwBetter
Indian stock trading
Excellent (Kite)
Good (Groww)
Zerodha
Mutual funds
Coin (good)
Groww (excellent)
Groww
US stocks
Not offered
Discontinued 2023
Tie
App complexity
Moderate-high
Simple
Groww
Charting tools
TradingView integration
Basic
Zerodha
F&O trading
Yes — industry standard
Yes — basic
Zerodha

Our verdict

Both are domestic Indian brokers — neither offers US stock investing. Zerodha discontinued US investing before launch; Groww discontinued it in 2023. For US stocks from India, use INDmoney or IBKR. For domestic investing: Zerodha's Kite is more powerful for active traders and F&O; Groww is simpler for beginner investors and mutual funds. For serious active traders, Zerodha is the clear choice. For first-time investors primarily buying mutual funds, Groww's cleaner UX is often preferred.

When to choose each

Choose Zerodha if…

  • Active traders who need advanced charting and F&O tools
  • Experienced Indian investors wanting the deepest domestic platform
Full Zerodha review

Choose Groww if…

  • New investors who want simplicity and a clean UX
  • Investors primarily in mutual funds and ETFs
Full Groww review

Frequently asked questions

Which is better for SIP (Systematic Investment Plan) in mutual funds — Zerodha or Groww?

Groww is considered marginally better for mutual fund SIPs — larger fund selection, better SIP management UI, and direct plan support across all AMCs. Zerodha Coin is also good and fully featured for direct mutual funds.

Can I buy US stocks on Zerodha or Groww?

No. Neither Zerodha nor Groww offers US stock investing. Zerodha is a domestic Indian broker (NSE/BSE only). Groww discontinued its US stock feature in 2023. For US stocks from India, use INDmoney (GIFT City IFSCA-licensed), Vested Finance, or Interactive Brokers via LRS.

Compare all brokers by FX cost

Full rankings by FX cost per $10,000 invested

Full comparison