Independent comparison. No broker affiliation, sponsorship or referral fees. Rankings are computed only from published, verifiable data.

Broker comparison

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

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 9 July 2026 · Independent

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 applies - see official pricing) ₹0 (free)
Intraday brokerage ₹20 or 0.1% per order (whichever is lower) ₹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 — See official developer 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.

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 applies - see official pricing)" 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.

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

  1. Groww - official website - https://groww.in
  2. Groww - official pricing - https://groww.in/pricing
  3. Arrow - official website - https://arrow.trade
  4. Arrow - official pricing - https://arrow.trade/pricing