Broker Guidelines

Guidelines for Groww

Groww: An Overview

Groww is a digital investment platform based in Bengaluru, launched in 2017. It began as a mutual fund investment service and has since expanded to include stock trading, IPOs, ETFs, options, and digital gold. Known for its user-friendly interface and fully online process, Groww allows users to open trading and demat accounts without any account opening or annual maintenance charges. The platform supports equity and F&O trading and offers tools like option chains, advanced charts, and margin pledging. It also provides features for mutual fund investing with SIPs, screeners, and financial calculators, making it popular among both beginners and experienced investors.

Info

What you will need to add Groww account in Cirrus

  • You need to have a Cirrus Account. If you don't have one, follow the LINK.

• Log in to Groww.

Step 1

• Go to your profile → Settings.

Detail

• Copy your unique Client ID.

Detail

FAQs for Groww

1. How do I open a trading & Demat account?

You can open both accounts 100% online through Groww’s app or website. The process is paperless and requires KYC via Aadhaar e-signature.

2. Are there any account opening or AMC fees?

No, Groww charges ₹0 for account opening and no annual maintenance charges (AMC) for the Demat account.

3. What segments can I trade or invest in?

You can invest in stocks and ETFs, trade Futures & Options (F&O), apply for IPOs, invest in mutual funds, digital gold, and fixed deposits.

4. How are brokerage and DP charges calculated?

• Equities: ₹20 or 0.1% per order (whichever is lower; ₹2 minimum applies) • Demat debit (sell side): ₹3.5 per script per day (₹3.25 for women) Groww provides a brokerage and margin calculator for clarity.

5. How do I apply for an IPO?

IPOs can be directly applied for via the platform using step-by-step guidance under the IPO section.

6. Can I trade in F&O and Commodities?

Yes, you can trade in F&O using the terminal, with access to charts, orders, positions, and global indices. Commodity trading (Crude, Gold, Silver, etc.) is also supported.

7. Does Groww offer margin or pledge facilities?

Yes, Groww supports margin pledging for additional leverage, as well as tools to estimate required margin.

8. What trading tools are available?

Features include advanced charting, technical indicators, live option chains, stock screeners, and GTT (Good 'Til Triggered) orders.

9. How can I transfer funds?

You can add money via supported banks using net banking, UPI, NEFT/IMPS, or debit card. Withdrawals and account funding are supported 24×7.

10. How do I get support if I face an issue?

Access the Help & Support tab under your profile to check FAQs or raise a ticket. Groww also offers 24×7 email and phone support.