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Groww

4.1(2.000 reviews)

Indian neobroker for stocks, funds and digital gold

SEBI RegulatedSince 2016
82
Trust Score
Very Good
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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.

0 ₹
Min. Deposit
5
Instruments
SEBI
Regulation
2
Platforms

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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* 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

What can I trade on Groww?
On Groww, you can trade or invest in Indian stocks (NSE/BSE), mutual funds, Futures & Options, digital gold, and fixed deposits. All products are accessible in a single app. International trading is not available.
How fast can I open a Groww account?
Account opening at Groww typically takes only a few minutes. You need an Aadhaar card and PAN number for KYC verification, which is done digitally through the app. After successful verification, you can start trading immediately.
Is Groww free?
Delivery trades (stocks and ETFs) are free on Groww. For intraday and F&O trades, a fee of ₹20 per order is charged. Purchasing mutual funds is also possible without commission.