Groww Review 2026
Investing Made Simple
About Groww
Founded in 2016, Groww has emerged as one of India's leading technology-driven discount brokers by offering a simple and user-friendly investment platform. The company initially started as a direct mutual fund investment platform and later expanded its services to include stocks, IPOs, exchange-traded funds (ETFs), futures & options (F&O), commodities, and other investment products. Today, Groww serves millions of investors across India through its digital-first approach and easy account opening process.
Groww focuses on making investing accessible to everyone by offering an intuitive web platform and mobile application that simplify investing and trading. Investors can open a Trading and Demat account online, monitor their portfolios, place orders, and manage investments from a single dashboard. The platform is especially popular among first-time investors due to its clean interface and straightforward investing experience.
The broker is a registered member of major Indian stock exchanges, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Multi Commodity Exchange (MCX). Through a single account, investors can trade in equities, equity derivatives, commodity derivatives, currency derivatives, ETFs, and participate in IPOs while also investing in direct mutual funds.
Groww follows a transparent pricing model and continues to enhance its technology platform with features such as real-time market data, interactive charts, watchlists, portfolio tracking, and secure online transactions. Its digital ecosystem enables investors to access financial markets conveniently without relying on physical branches.
| Broker type | Discount Broker |
|---|---|
| SEBI Registration | INZ000301838 |
| NSE Member code | 90187 |
| Net worth | Not Publicly Disclosed |
| Year of incorporation | 2016 |
| Exchange membership | NSE · BSE · MCX |
| Account opening charge | ₹0 (Free) |
| Demat AMC | ₹0 (Free) |
Groww brokerage charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹20 or 0.1% per executed order (whichever is lower, minimum ₹5) |
| Equity Intraday | ₹20 or 0.1% per executed order (whichever is lower, minimum ₹5) |
| Equity Futures | ₹20 per executed order |
| Equity Options | ₹20 per executed order |
| Currency F&O | ₹20 per executed order |
| Commodity F&O | ₹20 per executed order |
Groww trading platforms
Groww Web Web
Browser-based trading platform for investing and trading in equities, F&O, mutual funds, ETFs and IPOs.
Groww App Mobile
Mobile trading application for Android and iOS with portfolio tracking, live market data and order execution.
Groww pros & cons
Pros
- Simple and beginner-friendly trading platform.
- Fully digital and paperless account opening process.
- Supports investment in stocks, mutual funds, ETFs, IPOs and F&O.
- Available on both web and mobile platforms.
- Transparent brokerage structure.
- Easy portfolio tracking and fund management.
- Supports multiple exchanges including NSE, BSE and MCX.
- Secure online investment platform with modern trading tools.
Cons
- Limited physical branch network.
- Research and advisory services are comparatively limited.
- Call & Trade facility is not available.
- Advanced trading features may be fewer than some full-service brokers.
- Customer support response time may vary during peak market hours.
- Margin funding and premium research offerings are limited compared to some competitors.
Groww margin & leverage
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | As per SEBI peak margin rules | Up to 5x* |
| F&O (Equity/Currency/Commodity) | SPAN + Exposure Margin | 1x |
Groww ratings & reviews
How to open a Groww account
Visit the official Groww website or mobile application.
Register using your mobile number and email address.
Complete the online KYC process using PAN, Aadhaar and bank account details.
Upload the required documents and complete e-sign verification.
Wait for account verification and activation.
Add funds and start investing or trading through your Groww Trading and Demat account.
Groww complaints (exchange data)
Complaints filed against Groww at the exchanges, and the ratio per active client — a proxy for service quality.
| Exchange | FY | Clients | Complaints | Ratio |
|---|---|---|---|---|
| NSE | 2023–24 | 95,38,609 | 834 | 0.009% |
More about Groww
