Updated September 28, 2026 · BrokerCue Editorial Team
Groww vs Wealthsimple
Where Groww and Wealthsimple differ
| Compare |  Groww |  Wealthsimple |
|---|---|---|
| Minimum deposit | ₹0 | CA$0 |
| Stock trade fee | ₹20 | CA$0 |
| Account fee | ₹0 | CA$0 |
| Markets | Stocks, ETFs, Options, Futures, Funds, Bonds | Stocks, ETFs, Options, Crypto, Futures |
| Margin rate | Not confirmed | 3.95% |
| Options contract fee | Not confirmed | CA$0 |
| Account types | Not confirmed | Joint, Corporate |
| Interest on cash | Not confirmed | 1.25% |
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Key differences
- Wealthsimple scores higher overall: 9.4 vs 9.1.
- Markets: only Groww offers Funds, Bonds.
- Markets: only Wealthsimple offers Crypto.
- Support channels: only Wealthsimple offers Chat, Email, Phone.
- Features: only Groww offers Options, Futures.
- Features: only Wealthsimple offers Crypto, Fractional shares.
- Pricing model: only Groww offers Low fees.
- Pricing model: only Wealthsimple offers Commission free.
Our verdict on each
Groww
Groww suits Indian market beginners who want to start small and trade on a phone. The account fee is INR 0, the minimum deposit is INR 0 and each stock trade costs INR 20, so running costs stay low without a large balance.
Wealthsimple
Wealthsimple serves Canadian beginners and experienced investors who want self-directed trading and managed portfolios in a single app. The minimum deposit is CAD 0, the stock trade fee is CAD 0 and the account fee is CAD 0, while the UK is not among its markets (stocks, etfs and options).
Score breakdown
| Area | Groww | Wealthsimple |
|---|---|---|
| Cost | 9.2Account fee of INR 0, minimum deposit of INR 0 and a stock trade fee of INR 20 keep running costs low. | 9.6HigherMinimum deposit of CAD 0, stock trade fee of CAD 0, options contract fee of CAD 0 and account fee of CAD 0. |
| Offer | 9.0 | 9.2HigherManaged portfolios charge 0.5% and start at CAD 1, with cash earning 1.25%. |
Where they rank in our lists
| Ranking | Groww | Wealthsimple |
|---|---|---|
| Stock and ETF brokers | 115 of 471 | 62 of 471 |
| Options trading platforms | 39 of 103 | 18 of 103 |
| Futures trading platforms | 29 of 82 | 15 of 82 |
Feature by feature
| Markets | Groww | Wealthsimple |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Crypto | No | Yes |
| Bonds | Yes | No |
| Funds | Yes | No |
What we checked
Groww
- groww.in: 7 facts, checked September 26, 2026
Wealthsimple
- wealthsimple.com: 13 facts, checked September 26, 2026
- help.wealthsimple.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Groww | Wealthsimple |
|---|---|---|
| Features | Options, Futures, Mobile app | Crypto, Fractional shares, Mobile app |
| Pricing model | Low fees | Commission free |
| Audience | Not confirmed | Beginners, Experienced |
| Legal entity | Not confirmed | Wealthsimple Technologies Inc. |
| Headquarters | Not confirmed | Canada |
| Support channels | Help centre | Chat, Email, Phone, Help centreCovers more |
Robo-advisors
| Fact | Groww | Wealthsimple |
|---|---|---|
| Management fee | Not confirmed | 0.5% |
| Minimum investment | Not confirmed | CA$1 |
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Where each stands against the rest
| Fact | Groww | Wealthsimple | Median |
|---|---|---|---|
| Margin rate | Not confirmed | 3.95%lowest quarter | 8.75% |
| Options contract fee | Not confirmed | CA$0lowest quarter | CA$1.25 |
| Interest on cash | Not confirmed | 1.25%lowest quarter | 3% |
Median across 43 listed brokers.
Pros and cons
Groww
Pros
- Account fee of INR 0 and a minimum deposit of INR 0 keep the cost of opening and holding an account low
- Stock trade fee of INR 20 sits low next to the €0 median across the site
- Covers stocks, etfs and options, so shares, funds and bonds sit in the same place
Cons
- Support runs on help centre only, so help is written guidance rather than a person on the phone
- Options and futures add leverage on top of a per-trade stock charge of INR 20
- Ranked 99 of 161 brands on stock trade fee, well behind the €0 median
Wealthsimple
Pros
- Stock trade fee of CAD 0 on a commission-free model across self-directed accounts
- Minimum deposit of CAD 0, so an account opens with a small sum
- Managed portfolios charge a management fee of 0.5% and start at CAD 1
Cons
- The UK and Europe are not among its markets (stocks, etfs and options), so a reader there would need a different broker
- Managed portfolios carry a management fee of 0.5% on top of CAD 0 self-directed trades
- Margin is available at a margin rate of 3.95%, which amplifies losses on a levered position
Who each suits
Groww
Who it suits
- Beginners making a small opening investment in Indian markets
- Investors who want stocks, ETFs, options, futures, funds and bonds in the same account
- People who trade mainly from a mobile app
Who should look elsewhere
- Traders who trade often, since a per-trade charge of INR 20 adds up where eToro's stock trade fee is $0
- Readers who want a listed entry threshold, since Vantage sets a minimum deposit of $5 against Groww's INR 0
- Readers weighing CFI alongside Groww should compare the $0 entry cost and the help centre support model as well
Wealthsimple
Who it suits
- Canadian beginners putting money away in a managed portfolio
- Canadian investors buying fractional shares in a mobile app
- Experienced traders wanting stocks, ETFs, options, crypto and futures in a single account
Who should look elsewhere
- UK or EU readers, who should look at CFI, eToro or Vantage instead
- Traders who want a forex and CFD range, since stocks, etfs and options omits both
- Anyone seeking an ISA, SIPP or similar tax-sheltered wrapper, since neither is among its account types (joint and corporate)
Questions about each
Groww
What does it cost to open a Groww account?+
The account fee is INR 0 and the minimum deposit is INR 0, so nothing is charged for opening or holding the account on those two lines. The cost of using Groww sits with each trade instead, which keeps a small portfolio cheap to run.
How much is a stock trade?+
A stock trade costs INR 20, listed as an amount per trade rather than a share of the order value. Repeated buying and selling adds that charge each time, so trade frequency matters more here than deal size.
Wealthsimple
What does it cost to trade stocks at Wealthsimple?+
The stock trade fee is CAD 0 and the account fee is CAD 0. Options contracts carry a fee of CAD 0. Cash earns interest of 1.25%. Managed portfolios are the part that still charges, at a management fee of 0.5%.
Is there a minimum deposit or account fee?+
The minimum deposit is CAD 0 and the account fee is CAD 0, so opening an account costs nothing. Managed portfolios ask for a minimum investment of CAD 1. Brands across the site typically ask €4.64 to start.
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