Discount Broker Depository: CDSL & NSDL
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A new entrant into the stock market; Groww, currently offers investment in stocks, Mutual Funds, Gold and Fixed Deposit.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

Free

Call & Trade Charges

-
Brokerage

Equity Delivery Brokerage

0.05%

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

-

Equity Options Brokerage

-

Currency Futures Brokerage

-

Currency Options Brokerage

-

Commodity Futures Brokerage

-

Commodity Options Brokerage

-
Margins

Equity Delivery Margin

0x

Equity Intraday Margin

8x

Equity Futures Margin

-

Equity Options Margin

-

Currency Futures Margin

-

Currency Options Margin

-

Commodity Futures Margin

-

Commodity Options Margin

-
Trading Platforms Learn More

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Website Groww App
Pros

Advantages and Strengths of this broker.

  1. Commission free investment for customers.
  2. Opening a trading and Demat account is quick and easy. Only the Aadhar Card is required for e-sign up.
  3. Simple and intuitive User Interface.
  4. They are coming up with an option to invest in US-based stocks.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Limited range of products available for investors. Products like commodities and derivatives are currently not available.
  2. Availing customer support can be tricky. Only e-mail facilities are available.
  3. Users face difficulty in analysing funds technically as the option of in-depth and detailed analysis is not available.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Groww

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3)

Usability

(3)

Customer Service

(3.5)

Charges Review

  • They offer free equity delivery and minimal brokerage.
  • Currently they are also offering annual maintenance for free.
  • They charge GST additionally on Exchange Transaction charges and Auto Square Off charges.
  • Their Auto Square Off Charges are higher as compared to others.

Customer Service Review

  • Groww provides both email & chat support.
  • Their chat support is prompt and ticket raising facilities are also available.
  • As per customer reviews, assistance over call is only provided upon request.

Ease of Use Review

  • Their trading platforms (on App & Website) are similar to each other (which avoids confusion)
  • The interface is user friendly.
  • Groww usually offers Direct plans in Mutual Fund investments but in some schemes, they offer Regular plans as well.

Account Opening Procedure Review

  • They have a seamless online account opening procedure with no physical paperwork involved.
  • For individual accounts, the online account opening process is easy and convenient.
  • If someone opens a Demat account for investing in stocks, and then opts for mutual funds as well, additional formalities would be required. That’s not the case vice-versa.

Why Choose Groww? Know Everything about Groww here.

Verdict

The platform is user-friendly and all investment instruments are easily accessible. They do not provide tools for analyzing and trading. Apart from equity delivery and equity intraday, you can not trade on any other segment using Groww. Educational content is available in abundance in the form of blogs, videos etc.

If you are an Investor, the brokers provide you with

  • Well-drafted educational content to learn about stocks and mutual funds

  • One app for all investment options ensures easy management of money

  • Charges zero brokerage on equity delivery.

Trading Tools

Website (Groww.in)

They have one platform for every investment instrument-  Stocks, Mutual Funds, gold, US stocks, ETF & FDs. The interface is easy to understand and loaded with explanations which makes it easy to go.

Mobile App (Groww App)

Mobile applications are similar to their web platform. Investment in Stocks MFs & FDs can be done in just a few clicks. The application is easy to understand but different registrations & documentations are required for every investment option.

Charges Details

CHARGES

DELIVERY

INTRADAY

Transaction Charges

0.00325% - NSE
0.003% - BSE

0.00325% - NSE
0.003% - BSE

DP Charges

Sell, ₹ 8 per order

Sell, ₹ 13.5 per company per trading day

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

0.10%

0.03%

SEBI Charges

0.00%

0.00%

Groww Customer Reviews

Overall Rating

4.2

Based on 70 reviews

Rating Summary

5
52%
4
28%
3
7%
2
4%
1
7%

Review Analytics

Platform 5 votes

Charges 9 votes

Transparency 0 votes

Features 11 votes

Customer Support 7 votes

nishyank parmar

(1)

Posted on 19 Feb 2021

Services for applying for demat account is not appropriate. Reflecting status of IPO in Groww app and sending UPI mandate both is poor.

sai sardesai

(1)

Posted on 14 Feb 2021

It is very simple to use because it is for know nothing investor, but as you learn over time its limiting, you cant trade in other categories. Wallet withdrawal restrictions are irritating, its like they own your money and restrict you. As a beginner or advanced trader please go with zerodha other than groww

nitish gupta

(5)

Posted on 08 Feb 2021

???? good

viral dave

(5)

Posted on 31 Jan 2021

Easy user interface, both mutual fund and stock at one platform

abubakkar siddique

(1)

Posted on 26 Jan 2021

One of the worst experience i have ever been.. i register with my only bank of india account.. this is my verified primary account but when i want to add fund.. i can't add fund it's showing my account is not verified. I tried all of the method UPI , NETBANKING ,NEFT but nothing happen. I tried customer service mail them call them even i tweeted i raised tickets multiple times but they don't respond ..

gulshan sahu

(5)

Posted on 24 Jan 2021

it was zero accont

sarthak jain

(5)

Posted on 24 Jan 2021

Best UI.

ranu dhar

(4)

Posted on 23 Jan 2021

Very good app. Need more update to become better like zerodha.

sourav sadhukhan

(4)

Posted on 23 Jan 2021

**Groww also offers ETF. Best broker for beginners. Simplicity to manage portfolio is awesome.

syed abrar ahamed

(4)

Posted on 12 Jan 2021

Account opening and maintenance charges are zero & others charges are low. Coustomer service is very prompt and useful. Very easy to use. Provide quality education content about share market. Already opened demat account and invest in mutual fund through this app.

ali chaudhary

(5)

Posted on 12 Jan 2021

Groww is simple, user friendly and meant for long term investors.. Not a thing for traders... I think they should improve upon adding funds from bank account...

muhammed nazil

(5)

Posted on 29 Dec 2020

simple and user friendly for equity investing

sky

(2)

Posted on 28 Dec 2020

Easy to handle but there are very less options.

chirag

(4)

Posted on 27 Dec 2020

It's a really good app , ita help for investment.

surinder singh

(1)

Posted on 26 Dec 2020

Poor service. There employees never replied the mails. I am withdraw my money but they never transfer my money in my bank account and they never replied my mails

shrivats kunder

(5)

Posted on 25 Dec 2020

Good for beginners

akhil anand parkar

(5)

Posted on 24 Dec 2020

The simplicity of app. The interface of this app is so simple so that even the beginners also find all what they want. I rate this broker 5 stars. Also I just wanted to share few of extras points here. 1. For update you can subscribe his YouTube channel. 2. Update on app regular time of basis. Also they didn't charged any money for opening charges.

lloyd gomes

(2)

Posted on 23 Dec 2020

Very bad experience with Groww .. They are very new .. take long time to solve the query. ??

uday kabadi

(5)

Posted on 22 Dec 2020

User friendly, highly recommend for beginners. With minimum charges

bikash senapati

(5)

Posted on 22 Dec 2020

Very very nice. I already have a demat account here

asibul gazi

(5)

Posted on 22 Dec 2020

I believe GROWW nice app

akash chakraborty

(4)

Posted on 22 Dec 2020

Great easy to buy easy to sell

jagrit sahni

(4)

Posted on 22 Dec 2020

The app is easy and simple to understand, the ledger could be made easier. Only app with free us stocks

swagat dash

(5)

Posted on 21 Dec 2020

Very Good

jaywheel

(5)

Posted on 21 Dec 2020

Interface is great.

aopu chetia

(5)

Posted on 21 Dec 2020

Very Good User interface. All in one app facility. also shows similar sectoer when we view a stock

yogendra

(5)

Posted on 21 Dec 2020

zero brokerge charge awesome application

holy carter

(5)

Posted on 21 Dec 2020

User friendly and easy to use

shreejav shah

(4)

Posted on 21 Dec 2020

Very simple and easy to understand app.Giving 4 start for existing features give 5 star when others features are come??

ronit vardhamane

(5)

Posted on 21 Dec 2020

Great experience. There was not one time that the app was lagging or was down. All the processes from buying sticks to adding and withdrawing money are smooth. Probably the best.

sudhansu

(3)

Posted on 20 Dec 2020

With my equity experience it's great but they don't have any stock tips and stock news. and no ratings for stock

abhijit ray

(4)

Posted on 20 Dec 2020

A smartphone app

harshal jangam

(4)

Posted on 20 Dec 2020

Groww app sometimes gets slow down inbetween 9-9:30 in market days

gopal

(1)

Posted on 20 Dec 2020

Worst broker for trading

ayush kumar singh

(5)

Posted on 20 Dec 2020

been with them forover 02 years exceptional. Though I would like that they add futures commodities etc. but no complaints bcs they are improving. Initially they havent of feredeven stocks but now...yepp! That’s why i love groww and i really hope they keep improving!

sowmak bardhan

(4)

Posted on 20 Dec 2020

Groww is a good app touse. I have been using this since last 4 months for Shares buy and sell and mutual fund sand I have not found any hassel in the app. Very seem less touse and account opening is free of cost. I think Groww should bring more invesment instruments like F & O Bonds debentures. Recently they have added the FD feature. Also through groww app you can buy and sell US Stocks.That is a very good thing.The only con about groww as of now which I have faced that their payment integration is not smoot hand it needs to be improved. How ever I can see that they are doing work on improvement the payment section in the appand website. Kudos to Groww Team.Keep up the good work.

the shikhar arora

(5)

Posted on 19 Dec 2020

Good for small investment amount.

navneet jain

(4)

Posted on 19 Dec 2020

It’s a good platform easy touse...account opening quite easy. Only problem is that they don’t have various features like they don’t have tie-up with small case.They don’t give facility for applying inofs.

gopal krishna palei

(3)

Posted on 19 Dec 2020

every thing about groww is good but I dnt understand DP charge. thats lilbittricky. Broker need to explains this.

vikrant kumar

(4)

Posted on 19 Dec 2020

gitartha bharali

(5)

Posted on 19 Dec 2020

Awesome appandal most no brokerage which is very good for the customer...

ritz

(5)

Posted on 19 Dec 2020

its smoot herits faster and its free free freeeee...

jigar patel

(5)

Posted on 19 Dec 2020

Customer service is excellent

abhishek kumar

(5)

Posted on 19 Dec 2020

awosm broker so easy touse and apply for trade in equty and cash and also for holding. Go with this..its good

bishal das

(5)

Posted on 19 Dec 2020

Its have bugs and they improve constantly although its very good platform.

salil harlikar

(5)

Posted on 19 Dec 2020

Good for buying direct mutualfunds and for long terminvestors who don’t want to spend unnecessary AMC and who want to just stick to the basics of fundamental investing.

rajan 007

(5)

Posted on 19 Dec 2020

Improving day by day

mit patel

(5)

Posted on 19 Dec 2020

I am using Groww since 7 months. They are now not charging any AMC fee also. So, as a small investor Groww fulfilled my requirements with lowest possible charges that I liked the most.

setu patel

(4)

Posted on 19 Dec 2020

my expeience with groww is very good.i'm useing this app from last six months.

shreyansh jain

(4)

Posted on 19 Dec 2020

Good customer care sevice, but no option of investing in soveriegn gold bonds, etfs etc. Plus they should have derivative trading options as well. But i think they will add it soon. I like the team and their educational content. If they equip their app with all additonal investment and teading tools, they will become India's best.

pratik kokane

(5)

Posted on 19 Dec 2020

Better

jaydip nimavat

(5)

Posted on 19 Dec 2020

For beginners its like heaven, get all the options to add money to grow account or buy directly, everything is transperent and well communicated. Just loved to start investing through grow, keep growing!

abhishek karmakar

(4)

Posted on 18 Dec 2020

Zero Account Maintenance Fee which is the best option for those who does not trade very regularly

anirban pal

(4)

Posted on 18 Dec 2020

Have some bugs but overall experience is very good

akash saha

(3)

Posted on 18 Dec 2020

The detailed information about the stock is not available for fundamental analysis

yash thorat

(5)

Posted on 18 Dec 2020

saikat basu

(4)

Posted on 18 Dec 2020

shamsher singh gill

(5)

Posted on 18 Dec 2020

Excellent application easy to use and best customer service support.

suresh kumar

(5)

Posted on 18 Dec 2020

Groww is my fast not a broker my best friend Groww aap so easy and very very simple and very good service and very fast

ayush

(4)

Posted on 18 Dec 2020

I am a groww user it is good platform for investor who wants to invest because it is commission free but in stocks its was having a free equity delivery I don't trade so I want free equity delivery but they are now charging brokerage per executed order and one thing bad is they intentionally wants there trader to get automatically square off because there app gets lag on 3 pm and if doesn't lag it ask you to add few more money.

rakesh sarkar

(5)

Posted on 18 Dec 2020

Very good

kuldeep singh

(3)

Posted on 18 Dec 2020

They need to improve UI for seeing bids-Ask on same page and faster transaction for buy and sell.

deepak maurya

(4)

Posted on 18 Dec 2020

????? ??? ???? ?? ????? ??????? ???? ??

mohit sharma

(5)

Posted on 18 Dec 2020

Its simple and very convenient. The UI is very intuitive. Does not throw way too much detailed info on your face, but does provide a way to do a detailed analysis.

chirag kansagra

(5)

Posted on 18 Dec 2020

Annual maintenance charges is also RS-0,

mithil jain

(3)

Posted on 18 Dec 2020

RECENT THEY HAVE REVISED THEIR CHARGES 1) BROKERAGE O.O5% OR MAX 20RS WHICHEVER IS LOWER BOTH ON INTRADAY AND DELIEVERS 2) NO AMC CHARGES

lokesh saini

(2)

Posted on 18 Dec 2020

You don't get technical indicators chart overall bad interface....

akash vashist

(5)

Posted on 18 Dec 2020

Grow provides really fluent experience. Its made for investors. It has reduced AMC to zero. User-friendly UI. Goodies for customers. I love Groww. Just one flaw, its having very less options for trading. Commodities and currencies are also not available. I do not trade in those, for me Groww deserves 5 star.

kunal aggarwal

(4)

Posted on 18 Dec 2020

I like it's user friendly interface. Cons: Charges brokerage on delivery BUY orders too

deepraj dehingia

(5)

Posted on 18 Dec 2020

It's good for beginners who wants to invest some in mutual fund and some in equity by themselves .easy interface and comfortable.