Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Groww review
Beginner-friendly investing super-app
4.5/ 5App: 4.5/5
- Since 2016
- Delivery ₹20 per order
- AMC ₹0
Open an account with GrowwSEBI-registered stockbroker | Member: NSE, BSE
Fees & pricing4.3
Trading platforms4.4
Customer support4.0
Research & education3.2
Ease of opening4.9
Reviewed by LetsInvest Research DeskUpdated 13 Sept 2026Pricing verified 13 Sept 2026How we test
Overview
Groww started as a direct mutual-fund platform and is now a full stockbroker offering stocks, F&O, IPOs, and US stocks alongside mutual funds in one app.
Best for: Beginners and mutual-fund investors who want one simple app for everything.
Pros & cons
What we like
- Easiest onboarding for first-time investors
- Stocks, MFs, IPOs and US stocks in one app
- Clean, modern mobile experience
- Free account opening
Watch out for
- Flat per-order pricing adds up for small trades
- Limited advanced charting vs Kite/TradingView depth
- Research content is basic
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0Confirming
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0Confirming
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹20 per orderConfirming
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹20 per orderConfirming
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹20 per orderConfirming
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹20 per orderConfirming
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
Platforms & features
platforms
- Mobile app✓ · Groww (Android + iOS)
- Web platform✓ · Groww Web
investing
- US stocks✓ · Fractional US investing via partner
- IPO investing✓ · UPI-based IPO applications
research
- Research & advisory—
support
- Customer support✓ · In-app chat + email
Our verdict
Groww is the easiest on-ramp to Indian investing. Active high-volume traders should compare per-order costs with Zerodha before switching.
How to open a Groww account
Start your application
Open the Groww signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Compare Groww
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Groww FAQs
Is Groww safe?
Yes. Groww is a SEBI-registered stockbroker (NSE/BSE member). Your stocks and mutual-fund units are held in your name; Groww is the execution platform. Standard market risks apply.
What does Groww charge?
Groww charges flat per-order fees (around ₹20) across equity delivery, intraday and F&O, with free account opening. Check the live pricing table above and its verification date before acting.
Can I invest in US stocks via Groww?
Yes — Groww offers US-stock investing for Indian residents through a partner arrangement. Factor in forex spreads, TCS under LRS, and withdrawal fees before funding.
Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.