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.