Groww Trading Platform
Groww Trading Platform In the fast-growing world of online investing, Groww has emerged as one of the most trusted trading platforms in India. Whether you are a beginner exploring stock markets or a mutual fund investor looking to diversify into equities, Groww provides a simple and user-friendly interface that has revolutionized the way Indians invest.
In this detailed guide, you’ll learn:
- What is Groww?
- How Groww works
- How to use Groww (step-by-step guide)
- Benefits of using Groww
- Limitations or drawbacks
- Is Groww safe and legit?
- Final verdict
What is Groww?
Groww is a SEBI-registered online investment platform that allows users to invest in stocks, mutual funds, ETFs, IPOs, digital gold, and more. Launched in 2017, it started primarily as a mutual fund investment platform but expanded its offerings to include equity trading and other instruments.
Groww operates via its website (www.groww.in) and a mobile app available on Android and iOS.
How Groww Works
Groww Trading Platform Groww works as a discount broker and investment platform. Here’s how it functions:
- Account Opening
Groww Trading Platform Users need to create a free Demat & trading account on Groww. This account is used to hold shares and conduct buying/selling activities. - KYC Verification
Groww follows a paperless KYC process. You’ll need to upload PAN, Aadhaar, and complete in-app verification via selfie and eSign using Aadhaar OTP. - Trading Platform
Groww Trading Platform Once the account is active, you can trade directly from the app or web interface. You can place market, limit, or stop-loss orders and track your portfolio in real-time. - Brokerage Model
Groww charges flat ₹20 or 0.05% per order, whichever is lower, for equity trading. For delivery (long-term stock holding), it charges zero brokerage. - Linked Bank Account
Groww Trading Platform Your bank account is linked for seamless fund transfers using UPI, net banking, or auto-pay features. - Investment Options
Groww Trading Platform Besides stocks, Groww also lets you invest in:- Mutual Funds (SIP or lump sum)
- IPOs (Initial Public Offers)
- ETFs (Exchange Traded Funds)
- Digital Gold
- US Stocks (in partnership with third-party platforms)
How to Use Groww: Step-by-Step Guide
Here’s how you can start investing using Groww:
Step 1: Download & Sign Up
- Download the Groww app or visit groww.in
- Sign up using your mobile number and email
Step 2: Complete KYC & Open Demat Account
- Upload PAN, Aadhaar
- Take a selfie
- eSign with Aadhaar OTP
- Link your bank account
Step 3: Add Funds to Your Account
- Use UPI, net banking, or auto-debit to transfer money
Step 4: Start Trading
- Go to the ‘Stocks’ tab
- Search for the company (e.g., TCS, Infosys)
- Click on “Buy”, enter quantity and price
- Choose order type (Market, Limit, etc.)
- Click “Buy Now”
Step 5: Monitor Portfolio
- View your live holdings and profits/losses
- Track watchlist and market trends
Benefits of Groww Trading Platform
| Feature | Benefit |
|---|---|
| Easy UI/UX | Beginner-friendly design with a clean interface |
| Zero Delivery Brokerage | No charges on long-term stock investments |
| Flat Intraday Fees | Only ₹20/order or 0.05% (whichever is lower) |
| Quick KYC Process | Fully paperless account opening |
| Safe & Regulated | Registered with SEBI, NSE, BSE & CDSL |
| Wide Investment Choices | Stocks, Mutual Funds, ETFs, Gold, IPOs, US Stocks |
| Real-Time Portfolio Tracking | Easy tracking of profits, market prices, and holdings |
| Educational Resources | Blog, videos, and support to help new investors |
Drawbacks or Limitations of Groww
While Groww is great for beginners, it has some downsides:
| Limitation | Explanation |
|---|---|
| Limited Charting Tools | Not ideal for advanced technical analysis compared to platforms like Zerodha Kite |
| No Derivatives Trading (F&O) | As of now, Futures and Options trading is not available |
| Slight Delay in Order Execution | Sometimes users face small lags during high volatility |
| No Margin Trading | Margin trading facility is limited compared to full-service brokers |
| Limited Research Tools | In-depth research reports or advanced screeners are not available within the app |
Is Groww Safe and Legit?
Absolutely yes.
- Groww is registered with SEBI (Securities and Exchange Board of India)
- It is a member of NSE and BSE
- Depository participant with CDSL
- Uses bank-grade encryption, 2FA login, and data privacy measures
Your money and investments are secure. Shares are stored in your name in your Demat account, not by Groww itself.
Groww Customer Support
- Help Center: FAQs and tutorials
- Email Support: support@groww.in
- In-App Chat: Limited hours
- No phone support: As of now, they do not offer voice customer care
Groww vs Other Trading Platforms
| Platform | Delivery Charges | Intraday Charges | Derivatives | Best For |
|---|---|---|---|---|
| Groww | ₹0 | ₹20 or 0.05% | ❌ Not available | Beginners |
| Zerodha | ₹0 | ₹20 or 0.03% | ✅ Yes | Traders |
| Upstox | ₹0 | ₹20 or 0.05% | ✅ Yes | Investors & Traders |
| Angel One | ₹0 | ₹20 | ✅ Yes | Mixed users |
Conclusion: Should You Use Groww for Trading in 2025?
Groww Trading Platform If you are a new investor, college student, or young professional looking for a simple, secure, and low-cost way to invest in stocks and mutual funds, Groww is an excellent choice.
However, if you’re an advanced trader needing derivatives, margin trading, or complex tools, then Groww might feel a bit basic.
✅ Best For: Long-term investors, SIP mutual fund users, beginners in stock market
❌ Not Ideal For: Derivatives traders, margin players, or high-frequency intraday traders
FAQs About Groww Trading Platform
Q1. Is Groww free to use?
Yes, account opening and mutual fund investment are free. Stock delivery is also free.
Q2. Can I buy IPOs on Groww?
Yes. You can apply for IPOs directly through the Groww app under the IPO section.
Q3. Does Groww support intraday trading?
Yes, Groww allows intraday orders in equity. Charges are ₹20/order or 0.05%.
Q4. How long does it take to open a Groww account?
Usually between 24 to 48 hours after eKYCs