If you’re looking to open a Demat & Trading account and are confused between Upstox and Groww, this comparison will help you decide. While both are popular discount brokers in India, they cater to different types of users. This guide compares features, brokerage charges, trading platforms, and tools—and explains why Upstox is the better choice for serious traders.
Just to let you know, you can read the detailed review of Upstox here, similarly checkout the complete Review of Groww here.
Upstox Vs Groww Quick Comparison Table
Feature |
Upstox |
Groww |
|---|---|---|
Account Opening Charges |
Free |
Free |
AMC (Annual Maintenance) |
₹25/month (first year free) |
Zero |
Brokerage on Delivery |
Zero |
Rs.20 or 0.1% per executed order (whichever is lower), minimum Rs.5 |
Brokerage on Intraday |
₹20/order |
₹20/order |
Option Chain with Greeks |
✅ Available |
❌ Not Available |
Advanced Charting Tools |
✅ TradingView + ChartIQ |
❌ Basic charts only |
Pre-Built Option Strategies |
✅ Yes |
❌ No |
Margin & Leverage |
Up to 5X on Intraday |
Limited |
Platform Speed |
High |
Moderate |
Company Overview
Upstox
Upstox is a SEBI-registered discount broker backed by investors like Tiger Global. It’s designed for both beginners and active traders who need advanced tools, faster execution, and strong analysis features.
Groww
Groww started as a mutual fund platform and later added stock trading. It offers a simple interface suitable for absolute beginners but lacks pro-level tools and order types.
Trading Platforms
Upstox
- Web platform, Android & iOS apps
- TradingView and ChartIQ integration
- Options Chain with Greeks & Strategy Builder
- Advanced orders: GTT, OCO, SL, Trailing SL, etc.
Groww
- Basic web and mobile app
- Limited charting capability
- No advanced order types or trading tools
Brokerage & Charges
Upstox
- Delivery Trades: ₹0
- Intraday & F&O: ₹20/order
- Commodities & Currency: ₹20/order
Groww
- Delivery Trades: Rs.20 or 0.1% per executed order (whichever is lower), minimum Rs.5
- Intraday & F&O: ₹20/order
- No commodities or currency trading
Unique Features
Upstox
- Pre-built option strategies
- Live Option Chain with Greeks, IV, Max Pain, PCR
- Trailing SL, Iceberg & Basket Orders
- Direct Mutual Fund investments
- 5X Intraday margin, 4X MTF for delivery
Groww
- Clean UI for beginners
- Focus on long-term investing and mutual funds
- No derivatives or currency tools
Customer Support & Learning
Upstox offers dedicated support via chat, email, and phone. It also runs webinars and tutorials. Groww’s support is more app-based and limited in scope.
Pros and Cons
Upstox Pros
- Advanced tools for traders
- High-speed execution
- More segments (commodities, currencies)
Groww Pros
- Beginner-friendly interface
- No AMC charges
Upstox Cons
- Minimal monthly AMC after first year
Groww Cons
- No advanced tools or derivatives features
- No commodities or margin trading
Final Verdict: Why Upstox is the Better Choice in 2026
If you’re an investor who just wants to buy mutual funds or hold a few stocks, Groww will suffice. But if you’re serious about trading—especially in derivatives, intraday, or using market tools—Upstox is clearly the better platform.
It offers a perfect balance of affordability, functionality, and professional-grade tools that Groww lacks.
So, if you are more of a trader making intraday trades on daily basis and looking for investing and trading in other segments than you should go with Upstox without any doubt.
If I have to rate upstox overall as an leading discount broker I will give it 8.5 out of 10
On the other hand
Groww might be new in discount broking industry, but they do have more than 10+ years of experience in providing a rich platform for users to invest in mutual funds scheme.
As we already saw they have more than 10 million + overall clients on the platform, this itself shows the trust it has developed among the users.
In my opinion they still need to do a lot to fulfill the stock broking requirements such as allowing currency and commodity trading which is going to happen very soon.
If I have to rate Groww after looking at there breakthrough pricing model for brokerages as well as other charges and experiencing there simple yet great user interface for trading platform I would give it 8 out of 10.
Therefore, if you are someone who do more of investing than trading than Groww is the perfect choice for you.
If, you have liked the content please do share it with your friends or on social media, as sharing do bring the good karma. If you have any questions or feedback you can leave them in comment box below.
Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.
