Groww Broker Review: Is It Good for Stock Trading?
Introduction
Groww, originally known for mutual fund investing, has now established itself as a simple, mobile-first stock trading platform in India. Its minimal interface, direct mutual funds, and commission-free investing appeal to beginners. But is Groww suitable for serious stock traders in 2025? Let’s find out.
Groww Overview
| Feature | Details |
|---|---|
| Account Opening | Free (Paperless Process) |
| Brokerage | ₹20/order for intraday & F&O |
| Delivery Trades | ₹0 brokerage |
| Platform | Groww App & Web |
| Exchange Support | NSE, BSE |
| Mutual Fund Support | Direct mutual funds (no commission) |
| Advisory Services | Not available |
Key Features of Groww
- Zero Delivery Charges – Great for long-term investors.
- Simple UI – Clean, clutter-free interface that even beginners love.
- Direct Mutual Funds – Invest in mutual funds without any distributor commission.
- IPO Investment – Apply for IPOs easily through UPI.
- 100% Online KYC – Fully digital onboarding without paperwork.
Pros and Cons
Pros:
- ₹0 brokerage on equity delivery
- User-friendly mobile and web platforms
- Supports direct mutual fund investments
- No account opening or maintenance charges
- Fast-growing platform trusted by young investors
Cons:
- No desktop trading terminal or advanced tools
- Limited charting and analysis features
- No call & trade or advisory support
- Not ideal for heavy intraday traders or F&O users
Groww Charges in 2025
| Segment | Charges |
|---|---|
| Equity Delivery | ₹0 |
| Intraday & F&O | ₹20/order or 0.05% (whichever is lower) |
| Mutual Funds | ₹0 (Direct only) |
| Account Opening | Free |
| AMC | ₹0 |
| Call & Trade | Not available |
Is Groww Good for Stock Trading?
Groww is ideal for:
- Beginners in the Indian stock market
- Long-term investors wanting simplicity
- Mutual fund investors looking for direct plans
However, active traders, intraday users, and investors looking for tools like screeners, algo trading, or advisory will find Groww limited compared to Zerodha or Upstox.
FAQs
1. Is Groww SEBI registered?
Yes, Groww is a SEBI-registered stockbroker and also a depository participant.
2. Does Groww charge for demat account maintenance?
No, Groww does not charge AMC (Annual Maintenance Charges).
3. Can I do intraday trading on Groww?
Yes, intraday trading is supported with a ₹20/order brokerage.
4. Does Groww offer trading in derivatives (F&O)?
Yes, Groww now supports Futures & Options trading on NSE.
5. Is Groww suitable for experienced traders?
Not really. Its lack of advanced trading features makes it less appealing to experienced or active traders.
