Groww is a leading discount broker in India, offering zero commission on stocks, mutual funds, and digital gold. Launched in 2016 by IIT alumni, it’s known for its simple mobile app, real-time market data, and direct mutual fund access. Ideal for beginners, makes investing easy with a clean interface and low costs. However, it lacks advanced trading tools suited for pro traders.
🌟 Key Highlights
| 🔑 Feature | 💬 Description |
|---|---|
| Zero Brokerage | Enjoy zero brokerage on stocks, mutual funds, and digital gold. |
| User-Friendly Interface | Easy-to-use mobile app and web platform suitable for new investors. |
| Multiple Investment Options | Access mutual funds, stocks, and digital gold all in one app. |
| Customer Support | Get help via in-app chat and email support channels. |
Table of Contents
💰 Groww Brokerage Charges – Simple & Transparent Pricing
Zero-commission broker for equity delivery trades and offers competitive brokerage rates across other trading segments. Check out the detailed brokerage charges below:
| 📦 Product | 💵 Brokerage |
|---|---|
| Equity Delivery | ₹0 (Free) |
| Equity Intraday | 0.03% or ₹20 per executed order (whichever is lower) |
| Equity Futures | 0.03% or ₹20 per executed order |
| Equity Options | Flat ₹20 per executed order |
| Currency Futures | 0.03% or ₹20 per executed order |
| Currency Options | Flat ₹20 per executed order |
| Commodity Futures | 0.03% or ₹20 per executed order |
| Commodity Options | Flat ₹20 per executed order |
⚠️ Note: Apart from brokerage, statutory charges like Securities Transaction Tax (STT), stamp duty, SEBI fees, and GST are applicable as per government regulations.
📂 Groww Account Opening Charges & AMC, Fees Overview
Offers a simple and cost-effective account opening process for investors looking to start their journey in the stock market. Here’s the latest update on Groww’s account opening charges and Annual Maintenance Charges (AMC).
| 🗂️ Account Type | 💰 Charges | 📝 Details |
|---|---|---|
| Demat & Trading Account Opening | ₹0 (Free) | Completely free account opening with zero hidden charges, making it accessible for all investors. |
| Annual Maintenance Charges (AMC) | ₹0 | Does not charge any AMC for Demat accounts, helping you save on yearly fees. |
| Other Charges | Applicable as per exchange | Statutory charges like Securities Transaction Tax (STT), Goods & Services Tax (GST), and stamp duty are applicable as per government norms. |
✅ Why Choose Groww?
- Zero account opening fees and no AMC helps investors save costs.
- Completely online and paperless account opening process.
- Ideal for beginners and seasoned investors alike.
📝 Groww Online Account Opening – Quick & Hassle-Free
Makes investing simple with a completely online account opening process. Here’s how you can open your account in just a few steps:
- Provide PAN & Aadhaar: Upload a scanned copy or e-sign using Aadhaar OTP.
- Add Bank Details: Link your savings account for seamless fund transfers.
- Submit Personal Info: Fill in details like name, address, and income proof (if required).
- Complete eSign: Use Aadhaar-based eSign to complete your application.
- Verification: Your account will be verified and activated within 24–48 hours.
📌 No physical forms or in-person verification is required. It’s fast, secure, and beginner-friendly!
📈 Groww Trading Margins & Leverage
Understanding trading margins and leverage is crucial for every trader to optimize their investment potential. Offers competitive margin exposure across various trading segments, helping investors maximize their buying power while managing risks effectively.
| 📊 Product | ⚡ Leverage / Margin | 📌 Notes |
|---|---|---|
| Equity Delivery | NA | No leverage on delivery trades; pay full amount upfront. |
| Equity Intraday | Up to 20x | High leverage available for intraday trading to boost potential returns. |
| Equity Futures | Up to 4x | Leverage available to trade futures contracts efficiently. |
| Equity Options | NA | No leverage as premium needs to be paid upfront. |
| Currency Futures | Up to 4x | Leverage on currency futures to capitalize on forex movements. |
| Currency Options | NA | Options premium must be paid fully; no leverage provided. |
| Commodity Futures | Up to 2x | Moderate leverage available for commodity futures trading. |
| Commodity Options | NA | Full premium payment required for commodity options. |
🔑 Key Takeaways:
- Groww offers up to 20x leverage for intraday equity trading, helping traders maximize their exposure.
- Moderate leverage on futures trading across equity, currency, and commodities improves capital efficiency.
- Options trading requires full premium payment, keeping risk exposure transparent.
📱 Groww Trading Software & Mobile App Review
Does not provide any traditional desktop trading software. Instead, it offers a smooth and intuitive web trading platform and a mobile app designed for modern investors. The platform is especially suitable for beginners and mutual fund investors looking for a hassle-free experience.
Key Features of the Groww Mobile App
| 🔍 Feature | ✅ Description |
|---|---|
| Account Opening | Completely online, paperless, and completed in minutes |
| Mutual Fund Investments | Invest in equity, debt, and hybrid mutual funds — with direct plans |
| Stock Investments | Trade in NSE and BSE-listed stocks easily |
| Real-Time Tracking | Track market performance and your portfolio live |
| Easy Transactions | Buy, redeem, and switch mutual funds with a few taps |
| User-Friendly UI | Clean design with minimal learning curve for first-time users |
The Groww mobile app has received top ratings on the Play Store and App Store for its easy-to-navigate interface and zero-brokerage equity delivery trades. It’s ideal for users who want commission-free investing in mutual funds, stocks, and digital gold.
🚀 Groww Useful Services
Groww is not just a trading platform but a comprehensive investment ecosystem that offers a wide range of useful services tailored to meet the needs of modern investors. Whether you’re a beginner or an experienced trader, services help you manage your investments efficiently and conveniently.
| 🔧 Service | 📋 Description | ✨ Benefits |
|---|---|---|
| Mobile & Web Trading Platform | User-friendly mobile app and web platform for seamless trading and investing. | Easy access, real-time market data, and smooth transaction experience. |
| Zero Brokerage | No brokerage charges on equity delivery and mutual fund investments. | Cost-effective investing with higher returns. |
| Mutual Fund Investments | Wide range of direct mutual funds across equity, debt, and hybrid categories. | Save on commission, enjoy higher returns, and diversify your portfolio. |
| Digital Gold | Invest in digital gold seamlessly through the Groww platform. | Secure, affordable, and convenient way to own gold digitally. |
| Real-Time Notifications | Get instant updates on market movements and portfolio performance. | Stay informed and make timely investment decisions. |
| Educational Resources | Access to blogs, videos, and tutorials for better financial knowledge. | Empowers investors to make informed choices. |
| SIP & Systematic Investments | Set up systematic investment plans for disciplined investing. | Helps build wealth steadily over time. |
🌟 Why Choose Groww?
Combines ease of use, zero brokerage, and a comprehensive set of investment options, making it a top choice for investors.
📊 Groww Stock Broker Services at a Glance: Features & Availability
| ✅ Service | 📅 Availability | 📋 Description |
|---|---|---|
| ✅ Online Trade Reports | Available Online | Access comprehensive trade reports anytime via Groww app or web for easy tracking of your transactions. |
| ✅ Online P&L Reports | Real-Time | View profit and loss reports instantly to monitor your trading performance effectively. |
| 📈 Intraday Chart Facility | Available on Mobile & Web | Get intraday price charts with real-time data to help analyze market trends and time your trades. |
| 📅 End of Day Chart Facility | Available Online | Access historical end-of-day charts for better long-term investment decision making. |
| ✅ 3-in-1 Account Integration | Available with Select Banks | Groww supports seamless integration with linked bank accounts, trading, and demat for easier fund management. |
| ✅ Instant Fund Withdrawal | Available | Withdraw funds instantly to your linked bank account, enhancing liquidity and convenience. |
| ✅ Customer Support | Available via Chat, Email & Phone | Responsive support team available to assist through multiple channels, ensuring prompt resolution of queries. |
📋 Groww Stock Broker Useful Details
| 🔎 Detail | Information |
|---|---|
| Brokerage Charges (Broker Type) | Zero Brokerage on Equity Delivery; Flat ₹20 or 0.03% per order on Intraday, Futures & Options |
| Headquarters City | Bangalore, Karnataka |
| Total Branches | Fully Online Platform (No physical branches) |
| Research & Tips | Basic Market Insights & News; No Dedicated Advisory Services |
| Total Experience in Broking | Since 2016 (7+ Years) |
| Year of Incorporation | 2016 |
These quick details provide a clear overview of Groww’s pricing model, digital-first approach, and market presence — perfect for investors seeking an easy-to-use discount broker!
👥 Groww Client Base & NRI Account Opening
| 📊 Feature | Details |
|---|---|
| Active Client Base | Over 8 Million Users and Growing Rapidly |
| NRI Account Opening Allowed | Yes, NRIs can open trading accounts easily with KYC compliance online |
Continues to expand its user base and welcomes NRIs, offering hassle-free account opening and investment opportunities in Indian markets from abroad.
💸 Groww Fund Transfer Services – Fast & Secure
Offers multiple seamless and secure fund transfer options for smooth deposit and withdrawal processes, ensuring a hassle-free trading experience.
| Transfer Method | Processing Time | Fees | Notes |
|---|---|---|---|
| Instant Payment Gateway | Instant | Free or Minimal Fees | Available with select banks; funds credited immediately |
| UPI | Instant | Free | 24/7 Availability; Max ₹2,00,000 per transaction |
| IMPS | Within 10 minutes (market hours) | Bank charges may apply | Requires IMPS-enabled bank account |
| NEFT/RTGS | 2 to 10 hours (Depends on bank) | Bank charges may apply | NEFT 24×7; RTGS only during banking hours |
⏳ Groww Fund Withdrawal Processing Times
| Segment | Processing Time | Notes |
|---|---|---|
| Equity | Within same trading day or T+1 as per bank | Typically credited within 24 hours |
| Commodity | Within same trading day or T+1 | Depends on exchange settlement |
Funds are usually credited quickly, making Groww a convenient option for traders and investors needing fast access to their money. 💸
⚡ Instant Fund Withdrawal Feature at Groww
| Feature | Details |
|---|---|
| Withdrawal Time | Available instantly, 24×7 for UPI/Instant Gateway |
| Minimum Withdrawal Amount | ₹100 |
| Maximum Withdrawal Amount | Up to ₹2,00,000 per transaction (varies by bank) |
| Conditions | Funds available in linked bank account; no open pending orders restrictions |
Why Groww?
With its simple online process, strong technology platform, and fast fund transfers, Groww is a top choice for new and seasoned investors.
✅ Groww Stock Broker Pros and Cons
One of the most popular online discount brokers in India by offering a seamless investing experience through its app and website. Here’s a detailed look at the key benefits and limitations of using.
| 👍 Pros | 👎 Cons |
|---|---|
| ✔️ Zero brokerage on all investments including stocks and mutual funds | ❗ Limited trading and investment options vs. full-service brokers |
| ✔️ User-friendly mobile app and web platform | ❗ No advanced desktop trading platform |
| ✔️ Multiple investment options including digital gold | ❗ Research and analysis tools are basic |
| ✔️ Quick and easy paperless account opening |
Ideal for beginners looking for a zero-commission, app-based investing platform. However, advanced traders who need charting tools, technical research, or futures and options strategies might find it lacking.
📞 Groww Customer Support: How to Get Help Quickly!
Groww prioritizes excellent customer service by offering multiple convenient ways for investors to get support. Whether you need help with account opening, transactions, or technical issues, Groww’s support team is available and responsive.
| 🛠️ Support Method | 📋 How to Contact | ⏰ Availability |
|---|---|---|
| In-App Chat | Open the Groww app, tap on Profile > Support to chat live with customer care. | 24×7 Support for general queries |
| Send your detailed queries to [email protected] | Response within 24-48 hours | |
| Phone Support | Call the toll-free number 1800 2700 488 for direct assistance | Mon to Sat, 9 AM – 6 PM |
| Social Media | Reach out on Twitter, Facebook, or Instagram | Regular monitoring during business hours |
Offers multiple convenient support options to help you resolve your issues quickly. Whether you prefer live chat, phone, email, or social media, assistance is just a tap or call away!
Additional Tips for Quick Support:
- Keep your account details and transaction info ready for faster resolution.
- Use the in-app chat for instant answers to common questions.
- Follow Groww’s official social media accounts for updates and announcements.
Multi-channel customer care approach ensures that investors get timely help whenever needed, making it a reliable platform for beginners and experienced traders alike.
🌟 Groww Ratings & User Reviews – How Does Groww Score?
One of India’s most popular investment platforms, and its user ratings across multiple review sites reflect its growing trust among investors. Below is the latest rating summary from major platforms.
| 📊 Platform | ⭐ Rating | 📝 Number of Reviews |
|---|---|---|
| Google Play Store | 4.5 / 5 stars | Over 1.3 million reviews |
| Apple App Store | 4.7 / 5 stars | Over 50,000 reviews |
| Trustpilot | 4.5 / 5 stars | Over 30,000 reviews |
| MouthShut | 4.0 / 5 stars | Over 200 reviews |
🔍 Note: Ratings may vary based on user experiences, device compatibility, and app updates. While Groww consistently receives high marks for its ease of use and zero brokerage, some users have highlighted areas for improvement such as advanced trading tools.
Investors are encouraged to check current reviews regularly and consider both positive and negative feedback before choosing any trading platform.
Conclusion
Simple and user-friendly platform ideal for beginners and long-term investors. With zero brokerage on equity delivery and easy access to stocks and mutual funds, it offers a cost-effective way to start investing. While advanced trading tools are limited, Groww’s simplicity makes it a popular choice for hassle-free investing.
FAQs about Groww Stock Broker
What is Groww stock broker?
Groww is a popular discount stockbroker in India offering zero brokerage on equity delivery and low fees on other trades. Founded in 2016, it provides a user-friendly app and website for investing in stocks, mutual funds, and digital gold. Groww is ideal for beginners seeking simple, cost-effective investing.
Is Groww stock broker safe and reliable?
Yes, Safe and trustworthy stockbroker in India. It is SEBI-registered and a proud member of NSE, BSE, and MCX, ensuring compliance with all regulatory standards. The platform uses advanced 128-bit SSL encryption 🔐 and two-factor authentication (2FA) 🛡️ to keep your transactions and personal data fully secure. your investments are protected with top-notch security measures you can rely on! 🚀
What are the charges for opening a demat account with Groww?
Good news! Groww charges ZERO fees for opening a Demat account. Yes, you can start your investment journey without paying any account opening charges. This makes Groww a cost-effective and beginner-friendly platform for investors looking to save on initial costs.
What are the different types of accounts offered by Groww?
Groww offers two essential accounts to make your investing smooth and hassle-free:
Demat Account 📂
Securely holds your stocks and securities in electronic form, eliminating the need for physical certificates.
Trading Account 💹
Allows you to easily buy and sell stocks, mutual funds, and other financial products through Groww’s user-friendly platform.
With these accounts, Groww ensures a seamless investment experience for both beginners and experienced investors!
How can I open an account with Groww?
1️⃣ Download the Groww App or Visit Website
Get the Groww app on your Android or iOS device from Google Play Store or Apple App Store.
Or simply visit the official website 👉 groww.in
2️⃣ Sign Up or Log In
Create your account by entering your mobile number or email ID
Already a user? Just log in and continue.
3️⃣ Complete Your Profile
Fill in your personal details like full name, date of birth, and contact info
4️⃣ Verify Your Identity (KYC)
Upload your PAN card and Aadhaar card for instant e-KYC verification
5️⃣ Link Your Bank Account
Add your bank account details to enable smooth fund transfers
6️⃣ Choose Account Type
Select the accounts you want: Demat account, Trading account, or both
7️⃣ Upload Signature and Documents
Upload your digital signature and any other required documents
8️⃣ Review and Submit Application
Double-check all the details and submit your application for processing
9️⃣ Get Confirmation & Start Investing
You will receive confirmation via email and SMS
Your Groww account is now ready! Start buying stocks, mutual funds, and more!
What are the documents required for opening a Groww account?
Required Documents List:
PAN Card – Mandatory for identity verification and compliance
Aadhaar Card – For address proof and eKYC verification
Bank Account Details – To link for fund transfers (account number, IFSC code)
Passport Size Photograph – For personal identification on file
💡 Tip: Keep these documents in soft copy (JPG or PDF format) for easy uploading during online account opening!
Does Groww provide research and analysis reports?
What You Get:
Stock Snapshots – Key financial metrics like P/E ratio, market cap, and 52-week high/low
Mutual Fund Details – Expense ratio, historical returns, fund manager info, and risk level
Price Charts – Simplified stock and mutual fund price charts for basic trend tracking
Company Overviews – Basic business summaries and sector classifications
What’s Missing:
❌ No in-depth technical analysis tools
❌ No expert research reports or personalized stock recommendations
❌ Limited charting features compared to full-service brokers
What is Groww’s brokerage fee structure?
Groww offers simple and low-cost trading:
✅ Equity Delivery: ₹0 brokerage – perfect for long-term investors.
📉 Intraday & Futures: Flat ₹20 or 0.03% per order – whichever is lower.
📊 Options, Currency & Commodity: Just ₹20 per executed order.
✨ No hidden fees, beginner-friendly, and ideal for cost-conscious traders!
Does Groww charge any hidden fees or charges?
🚫 No hidden charges!
Groww is transparent with its pricing. It doesn’t charge any hidden fees. However, 💼 government-mandated charges like STT, GST, exchange fees, and stamp duty still apply on trades – just like with any broker.
🔍 Always check the breakdown before confirming your order to stay fully informed!
What are the trading platforms available with Groww?
Groww provides two easy-to-use platforms:
📲 Mobile App – Available on Android & iOS for trading on the go.
💻 Web Platform – Accessible via browser for smooth investing and portfolio tracking.
Both platforms offer a clean interface, real-time data, and support for stocks, mutual funds, and more — perfect for beginners and regular investors alike!
Does Groww offer margin trading and what are the margin requirements?
Yes, Groww offers margin trading (MTF – Margin Trading Facility).
Margin requirements depend on the stock category and market volatility.
Typically, users can get up to 5x leverage on eligible stocks.
⚠️ Always check the latest margin list and terms in the app or website before placing orders.
What are the different investment options available with Groww?
Groww offers a variety of investment products for every type of investor:
Stocks – Trade or invest in NSE & BSE-listed companies
Mutual Funds – Zero commission direct mutual funds
Digital Gold – Buy & sell 24K pure digital gold
ETFs – Invest in Exchange Traded Funds
Fixed Deposits (FDs) – Invest in safe, high-interest FDs from banks & NBFCs
US Stocks – Access to top U.S. companies via partner platforms (coming to more users in 2025)
👉 Ideal for beginners and long-term investors seeking diversified portfolios.
How can I withdraw money from my Groww account?
1.Open the Groww App or visit the Groww website
2.Go to “Your” (Profile section)
3.Tap on “Groww Balance”
4.Tap “Withdraw”
5.Enter the amount you wish to withdraw
6.Confirm the request
Your money will be credited to your linked bank account within 1–2 business days.
How can I contact Groww customer care?
You can easily reach Groww customer support through:
💬 In-app chat: Open the Groww app, go to Profile > Support, and start a chat.
📧 Email: Send your queries to [email protected].
📱 Website chat: Visit Groww.in and use the live chat feature.
Groww support is prompt and helpful, ensuring smooth resolution of your issues.
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