Groww Review

Overview

Founded: 2016
Customer base: 1 crore+
Broker type: Discount
Exchanges: NSE, BSE
Trading platforms: Android, iOS, Web
Research: Limited
Customer support: Good
App rating: 4.5 / 5

Brokerage & Charges

Last updated 12 Aug 2026

Equity delivery	0.1% or ₹20 / order (lower)
Equity intraday	0.1% or ₹20 / order (lower)
Futures	₹20 per order
Options	₹20 per order
Currency	Not offered
Commodity	Not offered
Account opening	Free
Annual maintenance (AMC)	₹0 per year
DP charges	₹18.5 + GST per scrip (sell)
Call & trade	₹50 per order
Minimum balance	None

Charges can change at any time and may differ by plan or segment. Verify the broker's current official tariff sheet before opening an account.

Estimate your charges with the brokerage calculator →

Features & Products

Stocks

Mutual Funds

IPO

ETFs

Bonds

F&O

Commodity

Currency

Research

Algo/API

Margin Trading

Simple onboarding
Direct mutual funds
Zero AMC demat
Stock SIP
IPO applications

Pros

Very easy for first-time investors
No annual maintenance charge
Highly rated mobile app

Cons

No commodity or currency segment
Fewer advanced order types

User Reviews

Rahul M.

Order placement is quick and the app rarely lags at market open.

42 found this helpful

Sneha K.

Charges are transparent. Support took a day to respond but resolved my issue.

18 found this helpful

Arun P.

Good for delivery investing, but I would like deeper research reports.

9 found this helpful

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