Groww app brokerage charges

Groww brokerage charges explained in detail

Groww applies flat brokerage on intraday and delivery of 0.05% on traded value or maximum 20 rupees, here is snapshot of trade which mentioned different regulatory charges. 

Groww brokerage for futures and options

Groww app charges 20 rupees flat per order in FNO segment.

If you are trading / taking delivery orders frequently then groww brokerage charges will be higher for you.

To avoid high brokerage you may go with other stock brokers like ZERODHA / FYERS. where they charge only 0.01% for intraday and 0 Rupees for delivery. 

Link to open Zerodha DEMAT account with our link (No additional charges on you)

What groww app is best for?

Mutual fund: With groww app you can buy various mutual funds with 0 brokerage charges

Long term investment: In groww app, account opening is free and account/Annual maintenance charges (AMC) also free. than means if you buy a delivery position then keep in groww app DEMAT account then there are no maintenance to it.

Fixed deposit : groww app also provides many options about fixed deposits with well known NBFC. like Bajaj finance etc. fixed deposit account opening and maintaining the same is free and easy as compare to other banking Fixed deposits. Groww offers guide good interface to manage all your investments in one groww app.

US Investments: If you are the one who wants to invest in USA stock market, then definitely groww app is the best choice for you than other stock brokers in India. You can take advantage of 10 USD off when you add first dollar deposit in groww funds.

If you more care about account maintenance charges (AMC Charges) then go for groww.

link to open free groww DEMAT account