Groww Information Revealed

Groww Information

Groww is a company that provides a wide range of financial services, multiple investment markets, credit loans, and bill payments. Its official website describes itself as India's No.1 Stock Broker and Trading Platform. Users can find their investment solutions in mutual funds, stocks, US Stocks, ETFs Stocks, IPOs, and F&Os.

Is Groww Legit?

Groww is not regulated, making it less safe than regulated brokers.

What products does Groww provide?

Groww offers a wide range of products, including Stocks, Futures & Options, MTF, IPO, Mutual Funds, NFO, ETF, Credit, and Bill Payments.

Futures: Derivatives contracts in which both buyers and sellers must buy/sell the underlying asset at a predetermined price.

Options: Derivates contracts that offer the buyer the right (but not the obligation) to buy/sell the underlying asset at a predetermined price.

MTF: Buy with up to 4X leverage. MTF allows you to buy stocks by paying only a portion of the total cost (25%) upfront

IPO: Initial Public Offering is a process by which a private company becomes public. There are two types of market: Primary Market and Secondary Market.

Mutual Funds: 5000+ mutual funds on Groww with Zero commissions.

NFO: Any asset management company launching a new mutual fund in the market can raise capital for the same by announcing a new fund offer (NFO). Similar to the concept of an initial public offering (IPO).

ETFs: a basket of securities that are sold on an exchange. lt combines features of mutual funds, stocks, or bonds. It is also traded throughout the day, like individual stock.

Credit: Loans at affordable costs.

Account Type

Open a Demat with Groww and Zero maintenance charge.

Trading Platform

Groww provides a proprietary trading platform available on the iOS version or download it through the Google Play Store.

Deposit and Withdrawal

Groww accepts UPl (Unified Payments Interface) and Netbanking Instantly transfer, Groww UPl for immediate deposits, and Bank Transfer (NEFT/RTGS) within 1 hour.

Customer Support Options

Traders can follow the platform on Facebook, Twitter, YouTube, Instagram, LinkedIn, and Telegram.