Brokerage & Charges

Groww Review 2026 – Brokerage, Charges, Features & Pros and Cons

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Groww is an Indian stockbroking and investment platform that combines accessible investing with trading tools for beginners, long-term investors and active traders. Founded in 2016, the company is headquartered in Bengaluru, Karnataka. Its trading segments include equity delivery, equity intraday, equity futures and options, commodity derivatives. It also offers IPO applications and mutual fund investments and SIPs.

What is Groww?

Groww is an Indian stockbroking and investment platform that combines accessible investing with trading tools for beginners, long-term investors and active traders.

Best suited for: Beginners, investors, and mutual-fund users.

Key highlights: Easy-to-Use Trading Platform and Stocks, F&O & Commodity Trading.

Groww Brokerage and Important Charges

The table below focuses on the costs most traders and investors should check first. Brokerage is not the total cost of a trade: taxes, exchange fees and other applicable charges may be additional.

ChargeAmount
Account openingFree
Demat AMC₹0 AMC
Equity delivery₹20 or 0.1%, whichever lower per executed order, minimum ₹5
Equity intraday₹20 or 0.1%, whichever lower per executed order, minimum ₹5
Equity futures₹20/order
Equity options₹20/order
DP charges on delivery sell₹20 + GST / ISIN (gender-specific split applies)
Call & tradeNot offered
Auto square-off₹50 + GST per order

Rates are drawn from the central broker database. Confirm the latest applicable tariff, taxes and account-specific conditions with the broker.

Understanding these charges

Brokerage is the broker's fee for executing a trade. DP charges can apply when shares are sold from a demat account, even where delivery brokerage is zero. AMC is an account maintenance fee that can vary by account category. Traders should also consider auto square-off fees, applicable taxes and financing costs before estimating their total expense.

Groww Trading Platforms and Services

Groww brings investing and trading tools into a digital platform designed for people who prefer managing their finances online. Its relatively straightforward interface can appeal to newer investors, while its trading tools give more experienced users additional ways to monitor markets and place orders. Before choosing a broker, compare the features you actually need rather than assuming a simple interface or a long feature list guarantees a better trading experience.

Groww App: Investing and Trading on Mobile

The Groww mobile app is a starting point for users who want to track holdings, research supported investment products and place orders. It combines investing activities with portfolio visibility in one interface. Beginners should still learn the differences between delivery, intraday and derivatives orders, and check charges before submitting a trade.

Groww Web Platform and Groww Terminal

Groww's browser-based experience offers a larger workspace for monitoring prices and managing trades. Groww Terminal is intended for traders who want more screen space for charts, watchlists, market information and order workflows. Availability of particular layouts, data, tools and order types may change, so check the current platform before relying on a specific feature.

Charts and Trading Tools

Charting tools can help users study price movements, technical indicators and possible entry or exit levels. Where supported, chart-based order features can make it easier to move between analysis and execution. These tools do not remove market risk: always review the instrument, quantity, order type and stop-loss conditions before placing an order.

Stocks, ETFs and IPOs

Groww supports investing in listed shares and exchange-traded funds, along with access to eligible public issues. Investors should consider diversification, liquidity and the risks of the underlying securities rather than judging an investment by the convenience of the platform alone.

Mutual Funds and SIPs

Groww is also used for mutual fund investing, including systematic investment plans (SIPs) and lumpsum investments in eligible schemes. Investors should compare direct and regular plan expenses where applicable, understand exit loads and taxation, and choose schemes based on their goals and risk tolerance.

Futures, Options and Other Trading Services

Groww's product coverage includes equity derivatives and other supported trading segments. Access to commodities, APIs, margin trading and other services depends on the broker's current offering, user eligibility and segment activation. Consult the charge table and official product documentation before using a new segment.

Groww Pros and Cons

Groww's appeal comes from its digital investing experience and range of services. Its cost structure and feature availability still deserve careful comparison, especially for investors making frequent delivery transactions or traders who depend on particular tools.

Advantages of Groww

Free account opening: The current broker database lists free account opening for eligible resident individual accounts, reducing the initial cost of getting started.

Zero standard demat AMC: The current data lists ₹0 annual maintenance charges, which can be attractive to investors who want to avoid recurring standard account fees.

Approachable digital experience: The mobile and web interfaces can be convenient for investors managing stocks, ETFs and mutual funds without switching between unrelated services.

Mutual funds and SIPs: Access to mutual fund investing is useful for investors building long-term portfolios alongside direct equity holdings.

Trading terminal and charting tools: Traders who want more than basic order entry can evaluate Groww's terminal, charts and market-monitoring features.

Broader product and service coverage: The central data includes equity derivatives, commodity trading, IPO access, MTF and API availability. Verify eligibility and the latest product terms before using them.

Disadvantages of Groww

Equity delivery brokerage is not zero: Unlike some competitors, Groww's current listed delivery pricing includes brokerage. Frequent delivery transactions can therefore add up.

Minimum brokerage on small orders: The central tariff lists a minimum brokerage for delivery and intraday orders. For small trade values, the effective percentage cost may be higher than expected.

Relatively higher DP charges: Groww's listed delivery-sell DP fee is ₹20 + GST / ISIN (gender-specific split applies). This is higher than brokers charging ₹13.50 + GST or less. DP charges apply across brokers when delivery shares are sold.

Additional auto square-off charges: Broker-initiated auto square-off may attract an extra service fee, separate from normal order brokerage.

Platform features may differ: The availability of particular charts, order tools and layouts may vary across web, terminal and mobile experiences.

Who Should Consider Groww?

Groww is worth comparing for first-time investors who value a relatively straightforward digital interface, long-term investors using mutual funds or SIPs, and traders who find its available tools sufficient for their strategies. Investors placing many delivery orders should compare brokerage and DP fees with brokers offering different pricing models. Frequent intraday and F&O traders should also evaluate execution tools, support and full trading costs.

Our Groww Review Verdict

Groww combines accessible investing services with trading features that extend beyond beginner-level investing. Its listed free account opening and zero standard AMC are attractive, but delivery brokerage, minimum brokerage and applicable selling charges mean it will not necessarily be the lowest-cost broker for every user. Compare the latest tariff, supported products and platform experience against your own investing and trading needs before deciding.

View additional service and account charges
Account Opening ChargesFree
AMC Charges₹0 AMC
DP Charges₹20 + GST / ISIN (gender-specific split applies)
Call & Trade ChargesNot offered
Auto Square-Off Charges₹50 + GST per order
Delayed Payment / Debit Balance0.05% per day
Intraday Auto Square-Off TimeEquity (Cash): 3:15 PM
Futures & Options (F&O): 3:20 PM
Currency: 4:45 PM
Commodities: 11:15 PM / 11:30 PM, depending on seasonal market hours and daylight-saving adjustments
Payment Gateway / Netbanking₹0 (Free)
Instant Withdrawal₹0 (Free)
Stock Pledging₹20 + GST
Stock Unpledging₹20 + GST
API Subscription₹499/month
BuybackRs 20 + GST per order
Take OverRs 20 + GST per order
Offer for Sale (OFS)Rs 20 + GST per order
View additional platform and service specifications
NRI AccountsNo
Non-Individual AccountsYes
Trading APIYes
IPO ApplicationsYes
Mutual FundsYes
MTFYes
Stock PledgingYes
Web TradingYes
Mobile AppYes
Platform / AppGroww

Important Information & Disclaimer

Compare Stock Brokerages is an independent information and education website. Broker charges, features and other details are based on available official sources and may change; please verify them directly with the broker. We do not provide personalized investment advice or guarantee outcomes. Trading and investing involve risk. Some account-opening links may earn us a referral commission.

Primary source: Groww official website

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Frequently Asked Questions (FAQs)

Clear answers to common questions about Groww charges, services and account features.

Account opening is free. Fees can vary by account category, onboarding method and any limited-time offer. Check the broker's current official pricing and the fee shown during application before submitting documents.

AMC is free. AMC is a recurring demat-account maintenance fee, separate from brokerage. The applicable amount can depend on account type, BSDA eligibility and the broker's current schedule; confirm the amount and billing frequency on the official charges page.

The charge is ₹20 or 0.1% per executed order, whichever is lower, subject to a minimum charge of ₹5. Brokerage is not the same as the total cost of a trade. Applicable STT, exchange transaction charges, GST, SEBI charges, stamp duty and other statutory levies may still apply, so compare the full contract-note cost rather than brokerage alone.

The charge is ₹20 or 0.1% per executed order, whichever is lower, subject to a minimum charge of ₹5. The stated brokerage is calculated per executed order under the broker's published formula. Taxes and exchange/regulatory levies may be charged separately; use the broker's current brokerage calculator for an estimate based on your order value and segment.

F&O brokerage is ₹20 per order. F&O costs can differ between futures and options and by order/segment. Brokerage is only one component; STT/CTT, exchange transaction charges, GST, SEBI charges and stamp duty may also apply. Check the latest schedule before trading.

The DP charge is ₹20 + GST per ISIN; the applicable gender-specific split should be considered. DP charges are generally related to debiting securities from the demat account when shares are sold and are separate from brokerage. The charge may be applied per scrip/ISIN and can have exceptions; check the current schedule for the exact treatment.

Yes. Groww offers an MTF facility. MTF allows eligible customers to buy approved shares using a combination of their own funds and broker funding. Interest can accrue for as long as funding is used, and brokerage, pledge charges, margin requirements and square-off rules may apply. Review the current eligible-stock list and terms.

Yes. Stock pledging is available. Pledging eligible securities may provide collateral margin, subject to haircut, eligibility and exchange rules. Pledged shares remain subject to restrictions until released; fees and the process for pledge/unpledge should be checked in the broker's current schedule.

Yes. Trading API access is available. API access can have separate subscriptions, rate limits, permissions and technical requirements. Confirm current pricing, data/order limits, documentation and permitted use before building an automated workflow; API availability does not guarantee trading profits.

Yes. IPO applications are supported. IPO applications are subject to the issue's dates, investor eligibility, application limits and supported payment process. Applying through a broker does not guarantee allotment; follow the instructions in the offer documents and the broker's current IPO flow.

Yes. Mutual-fund investing is supported. Mutual-fund availability does not remove investment risk or scheme expenses. Review the scheme information document, riskometer, expense ratio and investment objective, and confirm whether the platform offers direct plans and the specific scheme you want.

No. NRI accounts are not supported. NRI onboarding and permitted products can differ from resident accounts and may depend on PIS/non-PIS or NRE/NRO arrangements, documentation and applicable regulations. Confirm the broker's current NRI policy and charges before applying.

Yes. HUF and non-individual accounts are supported. HUF, partnership, LLP and corporate accounts can require additional documents and may have different charges, permissions or brokerage from individual accounts. Confirm that your exact legal entity type is accepted and review its onboarding checklist.

Call & Trade is not offered. Call & Trade fees apply to dealer-assisted orders where the broker's policy says they apply and are usually separate from normal brokerage and statutory levies. Confirm the current fee and which assisted services/orders trigger it.

Auto square-off is charged at ₹50 + GST per order. Auto square-off fees may apply when the broker closes an eligible intraday position under its timing or risk rules. Timings can differ by segment and market conditions; monitor positions yourself and do not rely on forced square-off as a risk-management plan.

Delayed payment charges are 0.05% per day. Delayed-payment charges may accrue when a debit balance or amount due remains unpaid, according to the broker's policy. Check your ledger, settle dues promptly and verify how the rate is calculated and when it stops applying.

Withdrawal is free. Free withdrawals usually mean the broker does not charge a withdrawal fee; they do not guarantee immediate settlement. Withdrawable balance, settlement cycle, processing cut-off and bank processing times can affect when funds arrive.

Yes. Instant withdrawal is available at no charge. Instant withdrawals may be subject to eligibility, minimum/maximum amounts, available withdrawable funds, service hours and operational conditions. Limits can change, so confirm the current rules in the broker's official help centre before relying on the service.

Groww is available through its web platform and mobile app. Web and mobile access can differ in available tools, order types and interface features. Check the broker's current platform documentation and supported devices to ensure the features you use are available on your preferred platform.

Beginners, investors and mutual-fund users. Suitability depends on the segments you trade, tools you need, service expectations and total costs. Compare brokerage, AMC, DP charges, funding/MTF costs, platform or API fees and support options against your own requirements.

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Last verified: 16 September 2026
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