Groww
4.3/5 rating · discount broker
Trading Fee
₹20/trade
Account Opening
Free
AMC
Free
Rating
★ 4.3
Trading Platforms
✓ Pros
- Simplest UI for beginners
- Free AMC
- Mutual fund direct plans
✕ Cons
- Limited charting
- No commodity trading
- Basic order types only
Open a Groww Account
Free account opening • ₹20/trade per trade
Affiliate link. We may earn a commission at no extra cost to you.
Frequently Asked Questions
Is Groww safe to use?
Groww is registered with SEBI (Securities and Exchange Board of India) and is a member of BSE and NSE. Client funds are kept in segregated accounts as per regulatory requirements. However, like all brokers, it is subject to market and operational risks. Always verify the SEBI registration number before opening an account.
What are Groww's charges for delivery and intraday?
Groww charges ₹20/trade per trade. Account opening fee is Free and annual maintenance charge (AMC) is Free. Additional statutory charges like STT, GST, stamp duty, SEBI turnover fee, and exchange transaction charges apply as per government regulations.
How to open account with Groww?
You can open a Groww account online in 10-15 minutes. Requirements: PAN card, Aadhaar card (linked to mobile number), bank account details, and a selfie/signature. The process is fully paperless with e-KYC verification through Aadhaar OTP or DigiLocker integration.
Can I trade IPOs on Groww?
Yes, you can apply for IPOs through Groww using the UPI-based ASBA (Application Supported by Blocked Amount) process. Your funds remain in your bank account until allotment is confirmed. Groww provides IPO application facility through their trading app with real-time subscription status updates. See live IPOs and subscription status.
What is Groww's customer support like?
Groww offers customer support through multiple channels including email, phone, and in-app chat. Response times vary based on query complexity. For urgent trading issues, phone support during market hours is recommended. Check their official website for current support hours and contact details.