Groww Trading / Online Trading – Review, Process, Benefits, Charges & more

Present trading perks are huge in the market, and investors want to know the basic traits and benefits a particular stock broker offers. This article is oriented to serve the purpose of providing the information on Groww Trading.

You will also learn about the company’s online presence and facilities of Groww Online Trading.

Trading Account - Campaing Image

Make sure you read till the end of the article, which shows the features of online trading, the platforms available, products and services included and other related charges.


Groww Trading and Benefits

Groww Trading signifies a lot of perks, which is focused on make the trading experience not only cost effective but also as easy as possible.

They aim to make trading and investing as easy as online shopping, and hence, checking Groww Online Trading benefits is worth it.

  • The charges associated with trading are absolutely cheap, as the company is discounted broker. They have a lot to offer with just a flat rate of brokerage, which is a benefit for large volume trades.
  • The fee is constant for all the asset classes, except delivery trading. Equity delivery is entirely free of brokerage.
  • The trading platforms which the company offers are advanced and the app provides seamless trading on the go.
  • Company’s online presence is spectacular and as a result, they are just a call or an email away.
  • All type of financial instruments are provided by the company, including mutual funds.
  • This account is easy and compatible for beginners and experienced traders alike.

Open Trading Account with Groww – Fill up the Form Now!

Fill Your Details Here
  1. Open Demat Account

Groww Trading Charges

Groww Charges
Transaction Charges0.00325% of Total Turnover
STT Charges0.025% of Total Turnover
SEBI Turnover Charges0.00005% of Total Turnover
Stamp Duty ChargesDepends on State (very minimal)
GST Charges18% of (Brokerage + Transaction Charges)

Brokerage charges are the first thing you need to taken into consideration, and this sure seems fair enough.

But, there are other set of Groww Trading Charges which make their way into a transaction. Though a tiny amount, they sure do add up to your expense list. Here are the mandatory charges:

  • First charge is of transaction charge – 0.00325% of Total Turnover
  • Then, there is the Securities transaction tax of 0.025% of Total Turnover
  • SEBI turnover charges comprises of 0.00005%, levied on the turnover again
  • Stamp duty on the other hand is levied depending upon the state from which the transaction is undertaken
  • Lastly, a GST of 18% of (Brokerage + Transaction Charges) is as well levied

Find Online Trading Services of other Stock Brokers

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Upstox TradingIIFL TradingAxis Trading
SAMCO TradingMotilal Oswal TradingKotak Securities Trading

Groww Delivery Trading

Groww Delivery Charges
Equity DeliveryFree

Beginning with the Groww Delivery Trading, this is the mode widely opted investment class.

A lot of stockbrokers charge an amount for this class; however, a lot of them waive it off to earn the confidence of their customers.

Likewise, Groww has waived off the brokerage charge for Equity Delivery.

Groww Intraday Trading

Groww Intraday Charges
Equity IntradayRs.20 per order

Groww Intraday Trading is often undertaken by expert investors. Also, anyone can try their hands on this form of trading, which is supposedly undertaken within a time frame of a day.

To make it more available and help people opt for this class easily, the company levies a flat rate of Rs.20 per order.

Groww Option Trading

Groww Option Charges
Equity OptionsRs.20 per order

Groww Option Trading is another popular form of trading opted by investors. A lot of investors have made profitable investments in the past and continue to do so.

However, for anyone investing with the Equity Option are therefore required to pay the same flat charge of Rs.20 per trade.

Groww Futures Trading

Groww Futures Charges
Equity FuturesRs.20 per order

Next investment option the investors have is of Groww Futures Trading. This investment option is less likely prone to the market risk and is considered safe enough from risk.

Also, the brokerage amount is the same for this investment class as well. Investors need to pay around Rs.20 per trade for this segment.

Groww Currency Trading

Groww Currency Charges
Currency OptionRs.20 per order
Currency FuturesRs.20 per order

This investment class is a well known and quite popular for it is dealt with forex. Furthermore, the Groww Currency Trading has two segments to it, i.e. Currency Option and Currency Futures.

Both the segmented investments are priced the same at Rs.20 per order, opening investments wide open.

Groww Commodity Trading

Groww Commodity Charges
Commodity TradingNA

Speaking of the Groww Commodity Trading, this type of trading class is not provided by the company.

They are however, in the verge of expansion, and will present investment in commodity in the near future for the convenience of the investors.


Find Segment Trading Charges of other Brokers

Mastertrust TradingKarvy TradingIDBI Direct Trading
Fyers TradingSMC Global TradingYes Securities Trading
Alice Blue TradingEdelweiss TradingStandard Chartered Trading
Paytm Money TradingAditya Birla TradingSBI Trading

Groww Online Trading Process

Opening an account with the company is quite feasible following which you can instantly commence Groww Online Trading.

Investment is at the most feasible mode now, which goes along with the evolving technology. Follow up with the steps to learn how to invest in shares online.

  • First step is to open an account. Use other articles we constructed and open a demat account along with the trading account quite feasibly.
  • If you go through the verification process successfully, you will then receive your account.
  • You now need to check the apps and the softwares the company provides and choose to download the one you like. The next section explains the app and software available.
  • After the download process you need to set up the app. Enter in the log in details that were sent to you via email, and then change the password the first time you log into it.
  • Now, you must create the market list once you see the dashboard and then, add the stock scrips you like.
  • Search for the companies you wish to invest in, and click on the add scrip option to add them to market watch and monitor them online, on real time basis.
  • After you see the stocks reach a favourable price level, you can click on the buy option and then place an order.
  • When the order is executed, the amount will be deducted from your bank account, and demat account will be credited with the shares.

Groww Online Trading Platforms

It is now time we discuss the number of Groww Trading Platforms made available by the company. They presently have two platforms they offer to their investors.

  • Groww App is extremely on the top of the demand list as it lets investors place orders on the go. Their app’s user interface is love and friendly in nature. It lets you invest in any kind of investment vehicles seamlessly in just a few steps.
  • There is also an alternative online platform for the ones who are not into mobiles applications. Groww provides website trading, which lets you access your trading process from any device, via a browser. It is extremely useful as it has ample of options and investment choices you can go for easily, without the need to download an app or software.

Check out Online Trading Services of other Brokers

Profitmart TradingAnand Rathi TradingReliance Trading
SAS Online TradingChoice Broking TradingReligare Trading
Bonanza Portfolio TradingGeojit TradingTradebulls Trading
Indiabulls TradingNJ Wealth TradingVentura Trading

Groww Trading – Conclusion

Let us now draw final thoughts on the Groww Trading. Firstly, the most attractive thing is the perk offered by Groww Online Trading, which is simple and quite easy to use.

Then, the brokerage rates are a flat charges which encourage cost effective ways of investment, irrespective of the asset class.

You can look forward for a great trading experience with Groww, as they are equipped with every other thing an investors might need.

Groww has grown successfully from the year it emerged and is definitely a worthy enough source of investment.


Open Trading Account with Groww – Fill up the Form Now!

Fill Your Details Here
  1. Open Demat Account

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