What Is Groww App: Details About Charges Features & Download

Join millions of users on Groww and start investing in mutual funds, Indian stocks, IPOs, and, F&O. You can also make fast & secured UPI payments to any UPI ID, phone number, or bank account anytime.

Open your free Demat account & start trading in the stock market. Check live share prices of NSE Nifty 50 & BSE Sensex along with stock technical charts and Indicators.

Enjoy 100% paperless onboarding without any hassles and invest in popular mutual funds, Indian stocks, & IPOs in a few minutes from the comfort of your home.

What Is Groww App: Details About Charges Features & Download
What Is Groww App: Details About Charges Features & Download

What Is Groww App: Details About Charges Features & Download

Easy, Fast, and Transparent Investing App in India. Investing in India was none of the above but we’re changing that.

Super easy to use, lightning-fast, and crystal clear.

What is the Groww app?

Founded in 2016, the Groww App is a simple and easy-to-use investment platform in India. It is one of the highly-rated apps in the Play Store and App Store with a rating of over 4.4 and 4.5 stars respectively. With a safe and secure and a high level of encryption standards, the company allows Stocks, mutual funds, SIP, and now IPO investments via the Groww app.

Groww App Charges

Groww app is available for free to its customers. Groww offers free account opening with zero maintenance charges. The mutual fund investment through the Groww app is free with no transaction charges or hidden charges. An investor is required to pay brokerage charges, Demat charges, and other regulatory charges like STT, exchange transaction charges, GST, and Stamp Duty, for stocks.

Groww app Brokerage Charges

Equity Delivery: Lower of Rs 20 or 0.05% of trade value

Equity Intraday: Lower of Rs 20 or 0.05% of trade value

Groww App Features

  • User-friendly, simple, and clean user interface.
  • One-Click Order placement.
  • Safe and secured app.
  • Instant paperless account opening.
  • Candlestick charts to show price movements and historical performance.
  • Complete information on all listed Indian companies.
  • Latest news and insights, resources, blogs, videos, and content related to financial markets.
  • Real-time price updates.
  • In-app help and support section for quick query resolution.
  • Facility to chat with customer helpdesk.
Groww App Pros

Advantages of this broker.

  1. Commission-free investment for customers on Mutual Funds
  2. Opening a trading and Demat account is quick and easy.
  3. Users can also purchase US equities, US ETFs, US FDs, and digital gold.
  4. Simple and intuitive user interface.
Groww App Cons

Disadvantages of this broker that it needs to improve upon.

  1. Commodity and Currency trading options are not available on Groww.
  2. It doesn’t offer analysis, trading advice, or recommendations.
  3. Advanced orders, including GTT, Bracket, Cover orders, and AMO orders, are not accessible.
  4. It does not provide research reports on stocks.

Groww App Download

Go to the PlayStore/ Appstore.

Type Groww on the Search Bar

Look for Stocks, Demat, Mutual Funds, SIP- Groww app.

Click on Install to download the app.

Groww Trading Platform

  • Online trading platforms are the most in demand nowadays, especially when you are investing with a discount broker.
  • The company has set up certain apps and software. Groww has a desktop browser platform, Mobile Site Platform, Android App, and an iOS app.
  • All the mediums have some features in common that are somewhere similar and vary as per the compatibility of device use.
  • Your portfolio details are represented in a well-organized dashboard.
  •  Easy installation, daily digest news, research reports, global indices, interactive charts, live market updates, SMS alerts, and email alerts.

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FAQ

What is Groww?

Groww is an Easy, Fast, and Transparent Investing App in India.

Groww offers Free Mutual Fund services with no charges for investing. Groww has its own trading platform called Groww that offers a seamless trading experience to its investors.

How to use the Groww app?

The Groww app supports Android and iOS devices and can be used on Android smartphones and iPhones.

To use the Groww app, download the Groww app from the Play Store or App Store as desired and log in using the credentials set up while opening the account with Groww.

Is the Groww app free?

Yes, the Groww app is free. Groww does not levy any charges for the usage of its trading platform – Groww app or Groww web.

Groww offers free account opening with zero maintenance charges. The company also allows brokerage-free mutual fund investments.

Is Groww safe to invest in?
It is a safe and secure app with 128-bit encryption.

What are the Pros and Cons of investing with Groww?

Although we talked about various benefits & features in this Groww App Review. Read my article.

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