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| Trading Account Opening Charges | Free |
| Trading Account AMC | Free |
| Demat Account Opening Charges | Free |
| Demat Account AMC | Free |
Visit Groww Brokerage Charges page to check plans, fees, and taxes.
Groww has a transparent pricing structure. It charges a fixed fee on every trade executed, irrespective of the trade value.
The brokerage charges 20 or 0.1%, whichever is lower on equity intraday and delivery trades, subject to ₹2 minimum brokerage fee per trade.
Groww brokerage on F&O trading is flat ₹20.
So, you’ll be charged with Rs 20 maximum brokerage in any segment. While investment in direct mutual funds is free of charge.
Opening an account in Groww is completely free at zero account opening charges. Also, it offers lifetime zero Demat AMC account.
Check and compare Groww charges with 5 close competitors.
Why invest in mutual funds with Groww?
Groww offers an instant paperless account opening process on the Groww app. The broker offers a Free Demat + Trading Account at Zero account opening charges. Further, there is no Demat AMC fee on the Groww account.
Steps to open a Demat account with Groww online;
| Android Trading App | Android Groww App Download |
| iOS Trading App | iOS App Download |
| Web Trading Detail | Yes |
| Trading Software Charges | Free |
| Detail | Detail on Trading Platforms for groww |
Groww offers users web and app-based investment platforms. It does not offer installable terminal or desktop software for experienced traders. The platforms allow you to make seamless and hassle-free transactions in intraday, F&O, stocks and mutual funds.
Groww platforms are free to use at Rs 0 fee.
Groww app offers investment in stocks, ETFs, mutual funds, IPO, Sovereign Gold Bonds (SGBs), and intraday and F&O trading.
Not only the smart UI and easy to navigate functionality of the app makes it number one but also the mobile app has many features for equity and F&O traders.
Groww mobile app features for investors
Groww mobile app features for traders
Groww app is a safe and secure app, protected with 128 bit SSL encryption. Also, biometric authentication with fingerprint scanner adds extra layer of security to the Groww app.
All the trading and investment products – shares listed on BSE and NSE, F&O, mutual funds, and IPOs are available on the Groww website.
Customers can log in to the web platform using any browser on their computer or mobile device. You can track Indian indices and global indices, track stock price movements in real-time, view charts, and place and execute orders (intraday, delivery, F&O).
For a detailed review of the mobile app and download, please visit Groww Trading Platform Review
The Groww API is a set of application programming interfaces provided by the Groww trading platform that lets developers and automated systems access Groww’s trading features directly through code. Instead of manually buying or selling in the Groww app or website, you can use these APIs to get live market data, place and manage orders, and check your portfolio using software — for example, a Python program or a custom trading tool.
| API Type |
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| API Charges | ₹499/month |
Pay Later with MTF" on Groww is a margin trading facility, essentially a buy‑now‑pay‑later way to purchase stocks. Instead of paying 100% of the trade value upfront, you pay only a portion (often around 25%), and Groww funds the rest as a short‑term loan.
Groww provides upto 4x leverage via MTF and charges a competitive interest at 0.041% per day on the borrowed capital.
| MTF Leverage | Upto 4x leverage with MTF |
| MTF Interest Rate | 0.041% per day (14.95% per annum) |
| MTF Segment | Equity Delivery |
| MTF Pledge Charges | ₹20 per order |
| MTF Unpledged Charges | ₹20 per order |
| Maximum MTF Funding | NA |
Groww is India’s top discount broker by highest number of active clients. Four co-workers at Flipkart - Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal started Groww in 2016 with a clear mission to make trading and investing simple and easily accessible for everyone like never before.
Initially, Groww was launched as a direct mutual fund investment platform but later added other financial products – NSE & BSE stocks, equity futures & options, IPO, pay bills & UPI payments, and get personal loans.
Groww is the best platform for investment in direct mutual funds at Rs 0 brokerage. Groww app and web platform has 5,000+ direct mutual funds available across 42+ AMCs. All the mutual fund transactions placed on the Groww app are processed through the BSE Star MF platform. The platform also allows to swiftly switch external investment in regular funds to direct mutual funds at ease.
Groww broker offers flat brokerage trading at Rs 20 flat fee charged on intraday, delivery, and F&O trades.
The simple and crystal clear interface of Groww app make the platform extremely easy to use for investment for beginners. Groww app has all the basic features - stock screener, charts, technical indicators, option chain analytics, GTT order and basket order.
Groww customer care support team offers resolve customers’ issues at the earliest over email and its customer helpline number. It also has “Help & support” section where you can solve your queries regarding payments, orders, account details, and more. The broker does not provide 24/7 customer support and branch support.
| Groww Customer Care Phone Number | 9108800604 |
| Groww Customer Support Email | [email protected] |
| Groww Knowledge Center | https://groww.in/digest |
Free account opening, low-cost flat brokerage trading, and easy online trading and investment platforms make Groww as the best broker for beginners. Groww app is India’s number one platform to start an SIP or invest lumpsum in any direct mutual fund scheme.
Groww app supports instant and hassle-free fund transfer using UPI payment gateway mechanism i.e. PhonePe, Google Pay, etc. Here are the steps to add funds to Groww app;
Groww was founded by former Flipkart employee - Lalit Keshre with his three friends Harsh Jain, Neeraj Singh, and Ishan Bansal. The founder has started Groww with the key objective to provide safe, secure, convenient, fastest, and easy to use online trading platform.
Groww, the discount brokerage firm offers intraday as well as delivery trading. Here is the step to start Groww online trading;
Groww is the best platform for beginners that offer free direct mutual fund investment. It is one of the preferred broker among beginners due to following reasons:
Groww has a simple business operation model wherein it charges a fixed flat brokerage fee from customers on trading and investing in different financial products. The broker offers free demat and trading account opening at zero account maintenance charges and allows trading in stocks, equity F&O, IPO, mutual funds, and digital gold. Groww charges flat Rs. 20 brokerage or 0.05% whichever is lower on equity trading and flat Rs. 20 per executed brokerage on derivative trading. It offers seamless and user-friendly mobile app and web-based platform for online trading services.
All fund withdrawal request can be placed online either on the website or Groww mobile app. The discount broker processes the fund withdrawal request within 24 working hours and money will be credited back to the registered bank account.
Steps to withdraw money on Groww app:
Note: You can withdraw funds from Groww account within your withdrawal balance limit and added funds can be withdrawn only after 1 working day.
Yes, Groww offers 100% free account opening at zero charges. It also don’t charge annual account maintenance fee on the Demat account. You are only charged with a flat fixed Rs. 20 per order brokerage on equity and derivative trading segment. However, investment in direct mutual funds are absolutely free of cost.
The broker facilitates 100% paperless and easy account opening process using Groww mobile app.
Although Groww offers the best mobile app, free mutual fund investment, and flat Rs. 20 brokerage on equity F&O trading. However, online trading with Groww has several set of disadvantages also such as follows;
Groww platform facilitates online trading and investment in shares, equity derivative, direct mutual funds, IPO, FD, and US stocks. You just have to open Groww account online using Groww app. Once your accounts get activated and ready for investing, you can log in to the Groww account on its website or mobile app.
Now, you can place orders of your choice through the Groww trading platform. The brokerage firm charges a lower of Rs. 20 or 0.05% whichever is lower on equity trading and Flat Rs. 20 per order brokerage on F&O trades. However, investing in direct mutual funds with Groww is absolutely Free.
Yes, Groww is a discount broker that offers online trading in stocks and futures & options at Max Rs. 20 per order brokerage. It further offers investment products like FD, IPO, Direct mutual funds, and US Stocks & US ETF. Beginners can also access informative blogs, eBooks, and other educational sources on the Groww platform.
Yes, Groww offers equity F&O trading at a fixed flat brokerage of Rs. 20 per executed order. Customers can access Index and equity F&O contracts on the app or website with a wide range of charts & indicators. Groww platform also provides top-rated options on open interest and trading volume.
Yes, Groww is a SEBI registered discount brokerage firm as NextBillion Technology Private Limited with registration number INZ000208032. It is also a registered member of BSE and NSE and a DP with CDSL to offer Demat accounts to customers.
Groww balance is your internal account balance available in the trading account. Whenever you place any buy order, the transaction amount will be directly debited from the Groww balance while proceeds from any sell transaction will be credited. Thus, Groww balance makes the trading and investing process easier through one-click investment. You can transfer money to Groww balance through its mobile app or web via UPI or net banking option.
Groww account balance can be different from the withdrawable or available to invest balance due to unsettled transaction.
