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.
Compare Zerodha with others →Broker review
Groww review
Beginner-friendly investing super-app
4.5/ 5App: 4.5/5
- Since 2016
- Delivery ₹20 or 0.1% per order
- AMC ₹0
Reviewed by LetsInvest Research DeskUpdated 19 Oct 2026Pricing verified 13 Sept 2026How we test
Fees & pricing4.3
Trading platforms4.4
Customer support4.0
Research & education3.2
Ease of opening4.9
Overview
Groww started as a direct mutual-fund platform and is now a full stockbroker offering stocks, F&O and IPOs alongside mutual funds in one app. (US-stock investing was discontinued in Sep 2024.) In 2026 it relaunched US stock investing through Groww IFSC at GIFT City: thousands of US stocks and ETFs, fractional shares from $1, and no account-opening or maintenance fee.
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 and IPOs 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.
- ₹0 (free)✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹20 or 0.1% per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹20 or 0.1% per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹20 per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹20 per order✓ Verified 13/9/2026Source: Groww pricing page · Static-verified
Source & freshness
- Source
- Each broker's official pricing page (per-row source links above)
- Timeliness
- Static-verified
- Verified
- 13/9/2026
- Method
- reported
- Note
- Re-checked against official pages; unverified rows show Confirming. Never a live tick.
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOUPI-based IPO applications
- ✓ Yes
- US stocksLive via Groww IFSC (GIFT City): thousands of US stocks and ETFs, fractional from $1, ₹0 account opening and AMC
- ✓ Yes
- Trading API
- —
Platforms & features
research
- Research & advisory—
investing
- IPO investing✓ · UPI-based IPO applications
- US stocks✓ · Live via Groww IFSC (GIFT City): thousands of US stocks and ETFs, fractional from $1, ₹0 account opening and AMC
platforms
- Mobile app✓ · Groww (Android + iOS)
- Web platform✓ · Groww Web
support
- Customer support✓ · Help center + in-app chat + email (support@groww.in) + phone 9108800000
Support & company
Customer support
Help center + in-app chat + email (support@groww.in) + phone 9108800000
Company facts
- Founded
- 2016
- Regulation
- SEBI-registered stockbroker | Member: NSE, BSE
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
Groww vs Upstox: Beginner App vs Trader Platform
Zerodha vs Groww: Which Broker Is Better in 2026?
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Groww vs Dhan: Simplest Start vs Trader's Toolkit
Where does Groww rank for your style?
Alternatives to Groww
Upstox
Low-cost broker with fast trading tools
4.3/ 5
Best for: Mobile-first traders and developers who use trading APIs.
Compare Upstox with others →
Angel One
Full-service broker turned flat-fee app
4.2/ 5
Best for: Investors who want occasional research input without full-service brokerage rates.
Compare Angel One with others →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 the lower of ₹20 or 0.1% per executed equity order (minimum ₹5), and flat ₹20 per F&O order, with free account opening and zero AMC. Check the fee table above for the verified breakdown.
Can I invest in US stocks via Groww?
Not currently — Groww discontinued its US-stocks offering in September 2024 and now serves Indian stocks, MFs and ETFs only. A GIFT City-based relaunch is expected; meanwhile compare INDmoney or dedicated LRS routes for US exposure.
Does Groww offer US stocks?
Yes. Groww offers US stocks again, routed through Groww IFSC at GIFT City under IFSCA regulation, with Alpaca as its US broking partner. You can buy thousands of NYSE and NASDAQ stocks and index ETFs fractionally from $1, fund the account by netbanking under LRS, and pay no account-opening or maintenance fee. Brokerage and bank remittance charges still apply.
What does Groww charge for US stocks?
Brokerage is 0.10% per executed order or $1, whichever is higher, with no maximum. Add 18% GST on brokerage, the SEC fee (0.00206% of the sale value), the FINRA fee ($0.000195 per share, capped at $9.79) and the CAT fee ($0.000003 per share) on top. Groww charges nothing for account opening, maintenance or USD funding — your bank's forex markup and outward-remittance service charge still apply.
How do I start US investing on Groww?
Open the Groww app, go to your profile and tap Add money next to your US Stocks balance, then complete the US stocks activation journey. Groww creates a trading account with its US broking partner, Alpaca, at no cost, and its help centre says activation takes less than 24 hours after the application. Add dollars by netbanking under LRS, and buy US stocks or ETFs from as little as $1 using fractional orders.
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Brokerage history
No price changes recorded since tracking began — current fees verified 13/9/2026. How monthly tracking works →
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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.
Open an account with Groww
Official site — pricing varies by plan, verify before acting.