Groww is a leading online investment platform in India that makes investing accessible and straightforward for retail investors. It started by offering commission-free direct mutual funds and has since expanded its services to include stocks, Exchange Traded Funds (ETFs), digital gold, and fixed deposits. The platform is popular for its clean, user-friendly interface, both on its mobile app and website, making it easy for beginners to understand and navigate the complexities of the financial markets. By simplifying the process of opening a Demat account and investing, Groww aims to democratize wealth creation and has quickly become a preferred choice for millions of young and first-time investors across the country.
| Services Rating | Groww |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX |
| Active Clients | 1.2 Cr |
| Broker Overview | Groww Review |
Account Opening Charges and AMC
Groww offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of Free.
| Charges | Groww |
|---|---|
| Trading Account Opening | Free |
| Trading AMC | Free |
| Demat Account Opening | Free |
| Demat AMC | Free |
| Provide DP Service | Yes |
Brokerage Plans
Groww does not offer subscription-based brokerage options with a monthly or yearly plan.
| Plan Types | Groww |
|---|---|
| Multiple Plans | No |
| Monthly Plans | No |
| Yearly Plans | No |
Brokerage Charges
Groww charges Rs 20 or 0.1% for equity delivery and intraday and Rs 20 for futures, options, and commodities — ensuring a simple and transparent flat-fee pricing structure.
| Brokerage Charges | Groww |
|---|---|
| Plan Name | Max Rs 20 per order Trading Plan |
| Equity Delivery | 20 or 0.1% |
| Equity Intraday | 20 or 0.1% |
| Equity Futures | 20 |
| Equity Options | 20 |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity Futures | |
| Commodity Options | |
| Hidden Charges | Zero |
| Call & Trade Charges | Rs 16.5 per scrip on Sell |
| Auto Square off Charges | Rs 50 Per Executable Order |
| Brokerage Calculator | Groww Brokerage Calculator |
Transactions Charges
| Transactions Charges | Groww |
|---|---|
| Equity Delivery | 20 |
| Equity Intraday | 20 |
| Equity Futures | 20 |
| Equity Options | 20 |
| Currency Futures | 20 |
| Currency Options | 20 |
| Commodity | 20 |
Account Features
Groww offers several powerful features such as advanced charting and analysis tools, algo trading support for automation, online demo sessions and video tutorials, an online portfolio accessible anytime, ensuring a smooth and modern trading experience for all types of users.
| Compare Account Features | Groww |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | No |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | No |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | No |
Trading Platforms
Groww provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | Groww |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | Groww |
| Mobile Trading | Yes |
| Mobile Trading App | Groww |
| Android Mobile App | Yes |
| Android App Download | Groww |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | Groww |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Free |
Broker Ratings
Groww maintains impressive ratings with fees rated 4.0, brokerage rated 4.4, platform usability rated 4.8, and customer service rated 3.8. The broker’s overall rating stands at 4.3 out of 5, reflecting its balanced performance across key areas. Overall, Groww is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | Groww |
|---|---|
| Fees Ratings | 4.0 |
| Trading Brokerage Rating | 4.4 |
| Trading Platform Usability | 4.8 |
| Customer Service Ratings | 3.8 |
| Overall Ratings | 4.3 |
Investment Offerings
Groww offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, Groww ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | Groww |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | No |
| Commodity | No |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | No |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | No |
| Other Investment Options | No |
Customer Support Offered
Explore the range of customer support services offered by Groww.
| Customer Support | Groww |
|---|---|
| 24/7 Customer Service | Yes |
| Email Support | Yes |
| Online Live Chat | No |
| Phone Support | Yes |
| Toll Free Number | No |
| Through Branches | Yes |
| Customer Care Number | +91-9108800000 |
| Account Opening Process | Online/Paperless |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | https://groww.in/blog |
| Head Office Address | Vaishnavi Tech Park, South Tower, 3rd Floor |
| Website | https://groww.in/ |
Research and Reports
| Research | Groww |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | No |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
Groww offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is Zero, and transaction charges per ISIN are ₹8 + ₹5.50 (CDSL Charges) per transaction. Services like demat, remat, and pledge creation are available for seamless securities management. Groww provides a full-featured Demat account with DP source as CDSL, AMC of Zero per year, transaction charge of ₹8 + ₹5.50 (CDSL Charges) per transaction per ISIN, pledge creation charge of ₹20 + GST, demat charge of ₹150 per certificate + ₹100 courier charges, offering a complete and transparent experience for investors.
| Demat Charges | Groww |
|---|---|
| DP Source | CDSL |
| DP ID | 88700/88701/88702 |
| Demat Account Annual Maintenance Charges (AMC) | Zero |
| Advance Deposit | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹150 per certificate + ₹100 courier charges |
| Remat | ₹150 per certificate + ₹100 courier charges + CDSL Charges |
| Pledge Creation | ₹20 + GST |
| Pledge Creation Confirmation | Yes |
| Pledge Closure | ₹20 + GST |
| Pledge Closure Confirmation | Yes |
| Pledge Invocation | ₹20 |
| Failed Instruction Charges | ₹50 per instruction |
| Other Charges | Nil |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Groww |
|
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User Experience with Groww
Account Opening Experience: Opening an account with Groww is completely online with Aadhaar-based eKYC. Most users report fast verification and smooth onboarding.
Brokerage & Cost Transparency: Groww offers free equity delivery which is ideal for long-term investors. Intraday brokerage is 20 or 0.1%, making it competitive for active traders. Charges are displayed clearly before order confirmation, reducing confusion around hidden costs.
Trading Platform Experience: The mobile trading platform of Groww allows real-time execution, advanced charting, and instant portfolio tracking.
Advanced Features: Groww provides algorithmic trading support, margin trading facilities, making it suitable for serious traders.
Customer Support Experience: With a customer service rating of 3.8/5, Groww offers support through multiple channels. Response time may vary during peak market hours.
Popularity & Trust: Groww serves approximately 1.2 Cr active clients, reflecting strong market presence and investor trust.
Overall Verdict: Based on user feedback and platform usability, Groww holds an overall rating of 4.3/5. It is best suited for active traders and intraday investors.
FAQs on Groww Review
Yes, Groww is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE, BSE, and MCX and has a strong track record of transparency and compliance.
Groww offers competitive brokerage charges. Typically, it charges 20 or 0.1% for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
Groww provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with Groww online through an eKYC process. Online/Paperless Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via Groww platform. It allows you to buy and manage all your mutual funds online without paying commissions.