Discount brokerBest for First-time investors who want one simple app

Groww

₹20 / Intraday & F&O order

★ 4.7

Our rating

Account opening

Free (₹0)

AMC

₹0

Brokerage

₹20 / Intraday & F&O order

Delivery

₹0

Intraday

₹20 per order

DP Charges

₹13.5 + 18% GST = ₹15.93 per ISIN

SEBI registered broker · Reg. no. INZ000301838 — verified from the NSE/BSE member list and SEBI records.

Why 4.7 out of 5

Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.

  • Cost (brokerage + hidden charges) (40%)4.8
  • Charge transparency (20%)4.7
  • Support & platform (20%)4.5
  • Our account-opening experience (20%)4.8

Our five-point check

  • Account opening chargesFree - VerifiedFully online KYC; account usually live same day. Source: groww.in
  • AMC (annual maintenance)₹0 - VerifiedNo annual maintenance charge. Verified 20 Oct 2026 from official tariff.
  • Equity delivery₹0No brokerage on delivery equity or mutual funds. As per official tariff.
  • Intraday & F&O₹20 per orderFlat fee across intraday, F&O and currency. Verified from groww.in/p/charges
  • Hidden chargesDP ₹15.93 onlyCDSL DP charges on sale only; no subscription. Source: cdslindia.com tariff

How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.

Features

Groww mobile appGroww desktop webMutual funds & US stocksOptions dashboard

Pros

  • +The simplest onboarding and cleanest interface for first-time investors.

Cons

  • −Charting depth and API access trail Zerodha and Upstox.

Charge list

Equity delivery₹0
Equity intraday₹20 per order
F&O₹20 per order
Mutual funds₹0

Markets & segments

Equity · F&O · Mutual funds · US stocks

Full review

Groww won the beginner market with low friction. Pricing verified from official tariff groww.in/p/charges. SEBI Reg INZ000301838 verified from NSE.

Verification & Data Sources:

Source: https://groww.in/p/charges

Last Verified: 20 Oct 2026 | Charges verified from groww.in official page. SEBI Reg verified from NSE member list.

Compare Groww with

Data last updated 28 Oct 2026, 01:17 am. When you open an account via our links, we may earn a referral fee at no extra cost to you.