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.
| Charge | Amount |
|---|---|
| Account opening | Free |
| 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 & trade | Not 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.
How to Open a Groww Account
Eligible investors can start Groww's account-opening process digitally. The precise verification steps and documents depend on the applicant and the trading segments requested.
Documents and details to keep ready
- PAN: For identity and tax-related verification.
- Aadhaar and linked mobile number: For applicable digital identity checks and e-signing.
- Mobile number and email: For registration and account communications.
- Bank account details: And supporting bank proof if requested.
- Signature or photograph: If required during the KYC process.
- Income proof: May be requested when activating derivatives or other eligible segments.
Account-opening process
- Begin registration: Visit Groww using the account-opening link below.
- Verify contact information: Complete the mobile and email verification steps presented.
- Enter PAN and personal details: Check all information for accuracy.
- Complete KYC: Follow the identity, address and other verification instructions.
- Add bank details: Submit bank information and proof where requested.
- Choose eligible segments: Provide any additional financial documents needed for activation.
- E-sign and submit: Complete the application and wait for confirmation before trading.
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 Charges | Free |
|---|---|
| AMC Charges | ₹0 AMC |
| DP Charges | ₹20 + GST / ISIN (gender-specific split applies) |
| Call & Trade Charges | Not offered |
| Auto Square-Off Charges | ₹50 + GST per order |
| Delayed Payment / Debit Balance | 0.05% per day |
| Intraday Auto Square-Off Time | Equity (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 |
| Buyback | Rs 20 + GST per order |
| Take Over | Rs 20 + GST per order |
| Offer for Sale (OFS) | Rs 20 + GST per order |
View additional platform and service specifications
| NRI Accounts | No |
|---|---|
| Non-Individual Accounts | Yes |
| Trading API | Yes |
| IPO Applications | Yes |
| Mutual Funds | Yes |
| MTF | Yes |
| Stock Pledging | Yes |
| Web Trading | Yes |
| Mobile App | Yes |
| Platform / App | Groww |
