Company Profile
Company Profile
Review summary
| Groww Review Summary | |
| Founded | 2016 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Products | Stocks, Futures & Options, MTF, IPOs, Mutual Funds, NFOs, ETFs, Credit, and Algo Trading |
| Trading Platform | Groww |
| Minimum Deposit | / |
| Customer Support | Tel: +91 9108800000 |
| Email: support@groww.in | |
Groww Information
Groww is an Indian investment platform offering diverse market instruments, including Stocks, F&O, Mutual Funds, and ETFs. They offer a free Demat account with zero maintenance charges, with stock trading at ₹20 or 0.1% of order value and F&O at a flat ₹20 per executed order.
Pros and Cons
| Pros | Cons |
| Various products offered | Unregulated broker |
| Transparent and low trading fees | Trading fees applied |
Is Groww Legit?
Groww is an unregulated broker. Please be aware of the risk!
The WHOIS search shows the domain groww.in was registered on April 1st, 2016. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.
Products
Groww offers a range of products, including Stocks, Futures & Options, MTF (Margin Trading Facility), IPOs, Mutual Funds, NFOs (New Fund Offers), ETFs (Exchange Traded Funds), Credit, and Algo Trading.
Account Type
Groww offers a free Demat account with zero maintenance charges, making it a trusted platform for over 50 million Indians to open and manage their investment accounts.
Groww Fees
- Stock Trading:
- ₹20 or 0.1% of the order value, whichever is lower.
- A minimum charge of ₹2 applies if the calculated fee is less than ₹2.
- Futures & Options (F&O) Trading:
- Flat ₹20 per executed order.
- Other Charges:
- Additional charges like regulatory fees, statutory charges, and penalties are levied by the exchange and are not part of Groww's brokerage fees.
Trading Platform
| Trading Platform | Supported | Available Devices |
| Groww | ✔ | Desktop, IOS, Android |
