Swipe, Tap, Trade: Groww Reviewed for the Smart Investor
Brokerage Free Team •April 19, 2025 | 3 min read • 5563 views
Comprehensive tutorials, trading strategies, IPO analysis, and investment guides from industry specialists.
Brokerage Free Team •April 19, 2025 | 3 min read • 5563 views
Founded: 2016
Delivery Brokerage: ₹0
Intraday Brokerage: ₹20 or 0.05% per order (whichever is lower)
Trading Platforms: Mobile App & Web
Best Suited For: Beginner investors, long-term investors, passive traders
SEBI Registered: Yes | CDSL Registered: Yes
Legal Entity Name: Nextbillion Technology Private Limited
Equity (Stocks): Delivery & Intraday
Mutual Funds: Direct plans only
Fixed Deposits: Partner-based offerings
Digital Gold & SGBs
IPOs
Futures & Options (Derivatives)
US Stocks: Partner-integrated feature
Groww offers a flat and transparent fee structure:
Equity Delivery: ₹0
Equity Intraday: ₹20 or 0.05% per executed order (whichever is lower)
F&O: ₹20 per executed order
Brokerage: ₹0
STT: 0.1% on buy & sell
Transaction Charges: ₹325 per crore (NSE)
GST: 18% on brokerage + transaction charges
Stamp Duty: 0.015% (state-wise cap)
SEBI Charges: ₹10/crore
Brokerage: ₹20 or 0.05% per order
Other charges same as above, STT only on sell side
Groww App: Android & iOS (Highly rated)
Groww Web: Streamlined UI for casual investors
Note: No desktop terminal or API access
| Pros | Cons |
| Zero brokerage on delivery | Limited charting and analytics tools |
| Easy onboarding with 100% digital KYC | No call & trade option |
| Direct mutual funds (higher returns) | No margin trading facility |
| Simple interface with educational support | Not suitable for high-frequency traders |
| No annual maintenance charges (AMC) |
| Persona | Why Groww Works For Them |
| Beginner Investor | Clean UI, low fees, easy onboarding |
| Mutual Fund Investor | Direct funds, no commissions |
| Casual Trader | Flat brokerage, app-based trading |
| Advanced Trader | May find features/tools limited |
| Category | Rating (out of 5) | User Feedback |
| Charges | 4.8 | Transparent, minimal cost |
| Ease of Use | 4.7 | Very beginner-friendly |
| Customer Support | 4.3 | Fast email/chat response, no voice support |
| Account Opening Process | 4.6 | Quick and seamless KYC |
Stock SIPs
One-click mutual fund investments
Track past investments and NAV performance
Mutual fund comparison tools
IPO alerts and calendar
SEBI Registered Broker
Depository: CDSL
Client Funds: Kept in separate accounts
Encryption: SSL secured transactions
Legal Entity: Nextbillion Technology Private Limited
Complaints Ratio: Very low (as per SEBI filings)
Average Resolution Time: 5–10 working days
Common Issues: Order delays, withdrawal time
Resolution Rate: High, active support on app & social media
Q1: Is Groww SEBI regulated?
Yes, Groww is a SEBI-registered stock broker and a member of NSE & BSE.
Q2: Does Groww offer margin trading?
No, margin facility is not available.
Q3: Can I invest in US stocks?
Yes, via a partner-integrated solution with separate charges.
Q4: How long does it take to open an account?
Usually within 24–48 hours if KYC is complete.
Q5: Is there any lock-in period for stocks?
No, stocks can be sold anytime unless under restriction (e.g., IPO lock-ins).
Groww is ideal for new-age investors who value simplicity, cost-effectiveness, and digital-first experience. With zero delivery brokerage, easy mutual fund access, and clean UX, it excels for beginners and long-term investors. However, advanced traders seeking depth tools, leverage, or APIs might find other platforms more suitable.
Perfect for building a solid long-term portfolio, not for active day-trading power users.
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