Broker comparison

Groww vs Arrow (2026): Brokerage, API, AMC & Execution Compared

Q: Groww vs Arrow: which has lower delivery brokerage?

At our last review, Groww published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Arrow as "₹0 (free)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Groww or Arrow have a trading API?

Both have documented APIs at review time: Groww (Groww Trade API), Arrow (Arrow API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Groww or Arrow?

Groww publishes < 50 ms (self-reported); Arrow publishes 95% < 2.9 ms · 99% < 4 ms. Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

Q: Is Groww cheaper than Arrow?

On our four example trades (intraday, delivery, options and futures), Groww is cheaper on 0, Arrow on 1, and 3 are tied. Statutory charges are identical, so any difference comes from brokerage.

Q: Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Side-by-side comparison of Groww and Arrow from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

0 – 1Cheaper on example trades (Groww – Arrow)
4 – 4Published features (of 9)

Groww vs Arrow — published pricing and features (official sources at last review)
Metric	Groww	Arrow
Delivery brokerage	₹20 or 0.1% per order (whichever is lower), minimum ₹5	₹0 (free)
Intraday brokerage	₹20 or 0.1% per order (whichever is lower), minimum ₹5	₹20 or 0.03% per order (whichever is lower)
F&O brokerage	₹20 per order (flat)	₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower)
AMC	₹0	₹0 (individual accounts; ₹500/year for non-individual accounts)
Account opening	Free (online)	₹0 (free)
Trading API	Groww Trade API — ₹499 + taxes per month (per official page)	Arrow API — See official docs
Reported execution speed	< 50 ms (self-reported)self-reported	95% < 2.9 ms · 99% < 4 msself-reported
Algo support	Limited - API access is newer than peers	API with Python & Go clients; in-house algo tools “Coming soon” per official site
Platforms	Groww app, Groww web	Arrow mobile app (iOS/Android), Arrow web, Python & Go clients
Best for (published)	Beginners and long-term investors who want one simple app for stocks and mutual funds.	Latency-sensitive and professional traders who prioritise order-execution speed.

Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.

Cost face-off: what real trades cost

Total charges per round trip, brokerage + all statutory charges (NSE)
Trade	Groww	Arrow	Cheaper
Intraday: ₹1 lakh buy & sell	₹82.97	₹82.97	Tie
Delivery: ₹50,000 buy & sell	₹178.98	₹131.78	Arrow (saves ₹47.2)
Options: premium ₹100 × 75	₹66.43	₹66.43	Tie
Futures: ₹24,000 × 75	₹1,067.15	₹1,067.15	Tie

Illustrative quantities. Try your own trade in the compare-all brokerage calculator.

Feature check

Feature	Groww	Arrow
Free delivery	–	✓
Zero AMC	✓	✓
Free API	–	–
TradingView	–	–
MCX commodity	–	✓
Mutual funds	✓	–
IPO	✓	–
Research desk	–	–
Published speed	✓	✓

What the published data shows

Arrow publishes free equity delivery; Groww does not (per official pricing at review). Both publish execution-speed figures (Groww: < 50 ms (self-reported); Arrow: 95% < 2.9 ms · 99% < 4 ms) — methodologies differ; see each profile before comparing on speed alone.

Tools & profiles

Related comparisons

Frequently asked questions

Groww vs Arrow: which has lower delivery brokerage?

At our last review, Groww published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Arrow as "₹0 (free)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Groww or Arrow have a trading API?

Both have documented APIs at review time: Groww (Groww Trade API), Arrow (Arrow API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Groww or Arrow?

Groww publishes < 50 ms (self-reported); Arrow publishes 95% < 2.9 ms · 99% < 4 ms. Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

Is Groww cheaper than Arrow?

On our four example trades (intraday, delivery, options and futures), Groww is cheaper on 0, Arrow on 1, and 3 are tied. Statutory charges are identical, so any difference comes from brokerage.

Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Sources

Groww - official website - https://groww.in
Groww - official pricing - https://groww.in/pricing
Arrow - official website - https://arrow.trade
Arrow - official pricing - https://arrow.trade/pricing