Saturday, November 26, 2022

Groww

With the investment options like stocks, Mutual Funds, Gold and Fixed Deposit; Groww is a new entrant into the stock market.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

Commodity     

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

Web App

Mobile App

 

Charges

Account Opening Charges – Free

Account Maintenance Charges – Free

Call and Trade – N/A

Brokerage Charges

Equity Delivery  – 0.05%

Equity Intraday – 0.05%

Equity Futures – ₹20

Equity Options – ₹20

Currency Futures – N/A

Currency Options – N/A

Commodity Futures – N/A

Commodity Options – N/A

Margins

Equity Delivery  – 0x

Equity Intraday – 8x

Equity Futures – 0x

Equity Options – 0x

Currency Futures – N/A

Currency Options – N/A

Commodity Futures – N/A

Commodity Options – N/A

Pros

  • Groww charge zero commission for investors.
  • Quick process for opening a Demat and Trading Account with just Aadhaar Card.
  • Simple and Minimal UI.
  • Investors can invest in US Stocks.

Cons

  • Limited Products rage is available now, for investors.
  • User have only one option for customer support which is through email.
  • User does not get analytical charts, for technical analysis and option chain analysis. 

Additional Features

Extra features provided by the broker at little or no extra cost.

3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

Bond and Debt Assets

ETFs

Insurance