Name: Groww
Brand: Groww
Price: 5 INR
Availability: InStock
Rating: 4.3 (1 reviews)

Overview

Groww revolutionizes investing in India with completely free equity delivery trading and zero-commission direct mutual funds, saving investors thousands annually through eliminated brokerage fees. As India's largest stockbroker with over 13 million active users, the platform combines institutional credibility with retail-friendly innovation through its award-winning mobile app rated 4.5+ stars. Perfect for beginners seeking simplified investing with instant paperless account opening, 5000+ direct mutual funds, and a user-friendly interface designed for first-time investors. With full SEBI regulation and membership in NSE, BSE, and MCX, Groww provides trusted local support with advanced trading tools including Groww Terminal and algorithmic trading capabilities.

Pros

↑Zero brokerage on equity delivery and direct mutual funds permanently
↑India's largest broker with 13 million active users and proven track record
↑Beginner-friendly interface with instant paperless account opening in minutes

Cons

↓No commodity or currency trading segments currently offered
↓Limited research and advisory services compared to full-service brokers
↓Customer support limited to business hours without 24/7 availability

Key Highlights

Welcome Offer
₹100 signup reward
New users receive ₹100 in Groww Balance upon account activation
Complete instant KYC process to qualify
Referral program: Earn ₹300 per friend (₹100 signup + ₹200 when they invest ₹1000+)
Terms and conditions apply

Trading Costs
₹0 delivery brokerage
Zero commission on equity delivery trades permanently
Intraday and F&O: Flat ₹20 or 0.1% (whichever lower), minimum ₹5
Direct mutual funds: Completely free with zero commission
No account opening or maintenance fees

Assets & Markets
5000+ direct mutual funds
Access to 5000+ mutual funds across 42+ AMCs
Zero commission on all direct mutual fund investments
SIP starting from ₹500 per month
Lumpsum investments with no minimum amount

Why Choose?
India's largest broker
13.03 million active users as of March 2025
Number one stockbroker by active clients on NSE
Adding 325,000-550,000 new users monthly
Trusted by over 14 crore registered users

Regulation & Safety
SEBI regulated
SEBI registered stockbroker (Registration: INZ000301838)
Member of NSE (90187), BSE (6699), and MCX (57420)
CDSL and NSDL depository participant
AMFI registered mutual fund distributor (ARN-111686)

Account Minimum
₹0 minimum deposit

Key Benefits

Trading Costs

★4.8

▼

Equity delivery: Zero brokerage permanently
Intraday/F&O: Flat ₹20 or 0.1% whichever lower, minimum ₹5
Direct mutual funds: Completely free with no charges
No account opening fees or annual maintenance charges
DP charges: ₹18.5 per transaction for selling shares
Transparent fee structure with no hidden costs

Platform And Tools

★4.4

▼

Groww web and mobile app with intuitive design
Groww Terminal for advanced trading with multiple features
Stock screener with comprehensive filters
Advanced charting with line and candlestick charts
Basket orders for options trading convenience
Payoff graph for F&O strategy testing
Iceberg orders for large option trades
Fast exit feature for instant position closing

Research And Analysis

★3.5

▼

Educational blogs and articles for beginners
Market news and updates integrated
Company information and fundamentals access
Stock screener with basic filtering
Technical indicators available on charts
Limited research reports compared to full-service brokers
No dedicated analyst recommendations
Focus on self-directed investing tools

Mobile Trading

★4.6

▼

Award-winning mobile app rated 4.5+ stars on Google Play
iOS and Android apps with full feature parity
Instant paperless KYC within the app
Real-time market data and notifications
UPI payment integration for instant deposits
Biometric authentication for security
Portfolio tracking and watchlist management
Seamless experience optimized for mobile-first users

Account Features

★4.5

▼

Completely paperless account opening in minutes
Instant KYC verification using PAN and Aadhaar
Zero account opening and maintenance fees
Demat account with no annual charges
IPO applications via UPI
Margin Trading Facility (MTF) at 14.95% interest
Digital gold investment from ₹10
SIP and lumpsum mutual fund options
Groww Pay for UPI payments

Security And Trust

★4.5

▼

SEBI registered with license INZ000301838
Member of NSE, BSE, and MCX exchanges
Client funds held in segregated accounts
SSL certification with 128-bit encryption
Two-factor authentication standard
Biometric login available on mobile
Regular security audits and compliance
Backed by Tiger Global, Sequoia, Ribbit Capital

Customer Support

★3.8

▼

Email support via [email protected]
In-app help and support section
Comprehensive FAQ covering common queries
Ticket-based support system
English and Hindi language support
Business hours response time within 24-48 hours
No phone support currently available
Active social media presence for updates

Educational Resources

★4.0

▼

Extensive blog with investment guides
Beginner-friendly educational content
Mutual fund and stock market basics
SIP calculator and other financial tools
Glossary of investment terms
Video tutorials and explainers
Market news and analysis articles
Focus on democratizing financial education

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	✓
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	×
Basket Trading	✓
Options Strategies	✓
Smart Order Routing	×
Backtesting Capabilities	×

Detailed Information

Commission Tiers	Flat fee structure for all users No volume-based tiers or discounts Equity delivery: Zero brokerage permanently Intraday/F&O: ₹20 or 0.1% (whichever lower), minimum ₹5
Trading Fees	Equity delivery: ₹0 brokerage Equity intraday: ₹20 or 0.1% (lower), minimum ₹5 Futures: ₹20 or 0.1% (lower), minimum ₹5 Options: ₹20 or 0.1% (lower), minimum ₹5
Stock Etf Commission	Delivery: ₹0 Intraday: ₹20 or 0.1% (lower), min ₹5
Options Commission	₹20 or 0.1% per order (lower), minimum ₹5
Futures Commission	₹20 or 0.1% per order (lower), minimum ₹5
Financing Rates	Margin Trading Facility (MTF) available Interest rate: 14.95% per annum on funded amount Simplified rate structure from June 2025 Interest calculated daily and charged monthly
Margin Interest Rate	14.95% per annum
Overnight Fees	Not applicable for delivery trades F&O positions carry standard exchange charges
Non Trading Fees	Account opening: ₹0 Annual maintenance: ₹0 DP charges: ₹18.5 per sell transaction (₹3.25 for women) No inactivity fees No platform access fees
Deposit Fee	₹0
Withdrawal Fee	₹0
Data Feed Fees	Real-time market data included free
Order Modification Fee	₹0
Vip Fee Tiers	No VIP program available Same rates for all users No volume discounts

Minimum Spreads	Market determined
Maximum Leverage	Varies by security and segment MTF: Leverage based on stock category
Margin Call Level	Standard SEBI requirements
Stop Out Level	Standard SEBI requirements
Negative Balance Protection	Yes, via SEBI regulations
Settlement Period	T+2 for equity delivery T+0 for intraday (squared off same day)
Order Execution Quality	Direct market access to NSE and BSE Fast order execution via cloud infrastructure Real-time trade confirmations Best execution policy followed

Stocks Count	5,000
Etfs Count	200
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Full NSE and BSE stock coverage 5000+ direct mutual funds Futures and options on indices and stocks ETFs across various categories IPO applications available Digital gold investment
Geographic Market Coverage	India (NSE and BSE) Focus exclusively on Indian markets No international market access currently
Major Markets Details	Complete NSE coverage including Nifty indices Full BSE access including Sensex stocks All segments: Cash, Futures, Options IPO access for mainboard and SME
Emerging Markets Details	Not applicable Focus on Indian market only
Base Currencies Supported	INR (Indian Rupees)

Trading Platforms Overview	Groww mobile app (iOS and Android) Groww web platform (browser-based) Groww Terminal for advanced trading 915 Terminal integration coming Cloud-native architecture Mobile-first design philosophy
Desktop Platform	Browser-based web platform Full trading capabilities Portfolio management dashboard Advanced charting tools Order management system Real-time market data Responsive design for all screens
Mobile App	Native iOS and Android apps 4.5+ star rating on app stores Instant KYC within app Full feature parity with web Biometric authentication Push notifications for price alerts UPI payment integration Offline watchlist access
Web Platform	No download required Accessible from any browser Secure HTTPS connection Same features as mobile app Portfolio tracking and analytics IPO application interface
Trading Tools And Features	Stock screener with multiple filters Watchlist management Price alerts and notifications Advanced charting with indicators Basket orders for options Iceberg orders for large trades Payoff graph for F&O Fast exit for instant position closing Good Till Triggered (GTT) orders
Charting And Technical Analysis	Line and candlestick charts Multiple timeframes available Technical indicators included Drawing tools for analysis Volume analysis Pattern recognition support Historical data access
Risk Management Tools	Stop-loss orders Target price alerts Position monitoring Portfolio risk analytics Margin requirement display Exposure limits
Order Types Available	Market orders Limit orders Stop-loss orders Good Till Triggered (GTT) Good Till Cancelled (GTC) Bracket orders Basket orders Iceberg orders
Integrations And Api Access	UPI payment integration BSE Star MF platform integration No public API currently available Algo trading support announced
Third Party Platforms	Not supported currently
Api Rate Limits	Not applicable
Algo Trading Support	Coming soon with algo trading feature

Customer Support Overview	Email support available In-app help section Ticket-based system English and Hindi support Social media presence
Phone Support Hours	Not available
Live Chat Availability	In-app support only
Email Response Time	24-48 hours typically
Languages Supported	English, Hindi
Local Office Presence	Bengaluru headquarters No physical branches
Account Manager	Not available
Educational Resources Overview	Comprehensive blog section Investment guides for beginners Financial calculators Market terminology glossary Video tutorials Stock market basics
Beginner Resources	Yes - Extensive beginner guides How to invest tutorials SIP explained Mutual fund basics
Webinars And Tutorials	Video tutorials available Educational blog posts No regular webinars
Market Analysis And Research	Daily market updates Stock information pages Company fundamentals Basic research tools
Demo Account Details	Not available Low minimum investment allows practice
Trading Courses	Educational content available Self-learning resources No structured courses
Tax Reporting Help	Basic tax documents provided Capital gains statements Transaction history export

Regulation Overview	SEBI registered stockbroker NSE and BSE member CDSL and NSDL depository participant AMFI registered mutual fund distributor Regular compliance audits
Primary Regulator	Securities and Exchange Board of India (SEBI)
License Number	INZ000301838 (SEBI) NSE: 90187 BSE: 6699 MCX: 57420 CDSL: IN-DP-417-2019 NSDL: IN304480 AMFI: ARN-111686
Investor Protection Scheme	Client funds segregated per SEBI regulations Investor protection fund coverage Regular audits by regulatory authorities Grievance redressal via SEBI SCORES portal
Security Features	SSL certification 128-bit encryption Two-factor authentication Biometric login on mobile Secure UPI payment integration Data privacy compliance Regular security audits Device management for remote logout

Commission Tiers

Flat fee structure for all users
No volume-based tiers or discounts
Equity delivery: Zero brokerage permanently
Intraday/F&O: ₹20 or 0.1% (whichever lower), minimum ₹5

Trading Fees

Equity delivery: ₹0 brokerage
Equity intraday: ₹20 or 0.1% (lower), minimum ₹5
Futures: ₹20 or 0.1% (lower), minimum ₹5
Options: ₹20 or 0.1% (lower), minimum ₹5

Stock Etf Commission

Delivery: ₹0
Intraday: ₹20 or 0.1% (lower), min ₹5

Options Commission

₹20 or 0.1% per order (lower), minimum ₹5

Futures Commission

₹20 or 0.1% per order (lower), minimum ₹5

Financing Rates

Margin Trading Facility (MTF) available
Interest rate: 14.95% per annum on funded amount
Simplified rate structure from June 2025
Interest calculated daily and charged monthly

Margin Interest Rate

14.95% per annum

Overnight Fees

Not applicable for delivery trades
F&O positions carry standard exchange charges

Non Trading Fees

Account opening: ₹0
Annual maintenance: ₹0
DP charges: ₹18.5 per sell transaction (₹3.25 for women)
No inactivity fees
No platform access fees

Deposit Fee

₹0

Withdrawal Fee

₹0

Data Feed Fees

Real-time market data included free

Order Modification Fee

₹0

Vip Fee Tiers

No VIP program available
Same rates for all users
No volume discounts

Groww

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

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