Groww
Indian neobroker for stocks, funds and digital gold
Ready in 2 minutes
* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
Key Features
Indian Stocks
Indian Stocks trading available
Mutual Funds
Mutual Funds trading available
F&O
F&O trading available
Digital Gold
Digital Gold trading available
Fixed Deposits
Fixed Deposits trading available
Groww App
Trading Platform
Groww Web
Trading Platform
Advantages
- Extremely user-friendly app for beginners
- Free stock and fund trading (delivery)
- Mutual funds, stocks and gold in one app
- Fast account opening in minutes
Disadvantages
- Only Indian markets available
- Limited tools for advanced traders
- No international diversification possible
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Discover Groww and start your trading journey today.
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.
About Groww
Groww was founded in 2016 in Bangalore and initially started as a platform for purchasing mutual funds before evolving into a full-fledged neobroker. The platform is SEBI-regulated and has established itself as one of India's fastest-growing brokers with over 10 million users. What makes Groww special is the extreme simplicity of its app, specifically designed for first-time investors. Account opening takes only minutes and requires just an Aadhaar card and PAN number. Groww offers stock trading, mutual funds, F&O, digital gold, and fixed deposits – all in a single, clear app. Groww primarily targets young, tech-savvy Indians who want to enter the capital market for the first time. The app eliminates the complexity of traditional brokers and makes investing as easy as using a social media app. However, for advanced traders, the platform offers limited analysis tools.
Groww FAQ
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Popular Strategies to Try
Concrete example trades you can replicate after opening your account at Groww.
Long Straddle · Tesla
Tesla Inc.
Highly volatile — no clear direction · highly volatile mover
Long Straddle · NVIDIA
NVIDIA Corporation
Highly volatile — no clear direction · volatile stock
Covered Call · Apple
Apple Inc.
Neutral to mildly bullish · calm stock
Covered Call · SAP
SAP SE
Neutral to mildly bullish · calm stock
Cash-Secured Put · Amazon
Amazon.com Inc.
Neutral to mildly bullish · medium-volatility stock
Iron Condor · S&P 500 ETF
SPDR S&P 500 ETF
Neutral / Sideways · calm stock
Iron Condor · Nasdaq-100 ETF
Invesco QQQ ETF (Nasdaq-100)
Neutral / Sideways · calm stock
Bull Call Spread · Palantir
Palantir Technologies Inc.
Bullish · highly volatile mover
Bull Call Spread · MicroStrategy
MicroStrategy Inc.
Bullish · highly volatile mover
Bear Put Spread · Coinbase
Coinbase Global Inc.
Bearish · highly volatile mover
Butterfly Strategy · Microsoft
Microsoft Corporation
Neutral — stock expected to stay near the center strike · calm stock
Bull Call Spread · NVIDIA
NVIDIA Corporation
Bullish · volatile stock
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