Groww vs Upstox
Side by side comparison of active clients, charges, and regulatory track records.
Detailed head to head comparison
| Metric | Groww | Upstox |
|---|---|---|
| Broker Type | Discount | Discount |
| Active Clients | - | - |
| Market Share | - | - |
| Complaints per 10k clients | - | - |
| Complaint Resolution | - | - |
| Reliability Score | 89.0/100 | 93.6/100 |
| Delivery Brokerage | - | - |
| Intraday Brokerage | - | - |
| F&O Brokerage | - | - |
| Demat AMC / Year | - | - |
| Account Opening | Free | Free |
| Head Office | Bengaluru | Mumbai |
| Founded | 2016 | 2009 |
| SEBI Registration | INZ000301838 | - |
| Segments | Equity delivery, Equity F&O, Currency, Commodity | Equity delivery, Equity F&O, Currency, Commodity |
| Defaulter List Status | No | No |
Frequently asked questions
How do brokerage charges compare between Groww and Upstox?
For equity delivery, Groww offers - while Upstox offers -. For intraday equity trades, Groww charges - compared to Upstox at -.
Which broker has more active clients, Groww or Upstox?
Groww has - active clients (- market share) while Upstox has - active clients (- market share) based on primary NSE disclosures.
What are the account opening and Demat AMC fees for Groww vs Upstox?
For Groww, account opening is Free and annual Demat AMC is -. For Upstox, account opening is Free and annual Demat AMC is -.
Is Groww or Upstox better for beginners?
Both Groww and Upstox are SEBI-registered intermediaries. Beginners often look for low delivery brokerage, intuitive mobile apps, and prompt customer support. Compare delivery charges (- vs -) and complaint rates (- vs -) to decide which matches your investment style.
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Source: SEBI recognised-intermediary register, NSE monthly active client disclosures, and official broker rate cards. Methodology · Sources & lineage · All comparisons