No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

Groww

Item: Groww
Rating: 1.46

India | 2-5 years |

Suspicious Regulatory License | Global Business | High potential risk

https://groww.in/

Website

Time Machine

Rating Index

Influence

AAA

Influence index NO.1

India 9.92

Surpassed 14.60% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

+91 9108800604

https://groww.in/

Vaishnavi Tech Park, 3rd Floor Sarjapur Main Road, Bellandur Bengaluru – 560103

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-01-27

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

India

Operating Period

2-5 years

Company Name

Groww

Contact Number

+919108800604

Company Website

https://groww.in/

Company Address

Vaishnavi Tech Park, 3rd Floor Sarjapur Main Road, Bellandur Bengaluru – 560103

Biz Area

Genealogy

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Company Summary

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Wiki Q&A

Comment

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Groww

Related Companies

Groww(Netherlands)

Inactive

Netherlands

Registration No.55315860

Established2021-09-24

Related sourcesWebsite Announcement

Company Summary

Groww Review Summary
Founded	2016
Registered Country/Region	India
Regulation	No regulation
Products	Stocks, Futures & Options, MTF, IPOs, Mutual Funds, NFOs, ETFs, Credit, and Algo Trading
Trading Platform	Groww
Minimum Deposit	/
Customer Support	Tel: +91 9108800000
Customer Support	Email: support@groww.in

Groww Information

Groww is an Indian investment platform offering diverse market instruments, including Stocks, F&O, Mutual Funds, and ETFs. They offer a free Demat account with zero maintenance charges, with stock trading at ₹20 or 0.1% of order value and F&O at a flat ₹20 per executed order.

Pros and Cons

Pros	Cons
Various products offered	Unregulated broker
Transparent and low trading fees	Trading fees applied

Is Groww Legit?

Groww is an unregulated broker. Please be aware of the risk!

The WHOIS search shows the domain groww.in was registered on April 1st, 2016. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.

Products

Groww offers a range of products, including Stocks, Futures & Options, MTF (Margin Trading Facility), IPOs, Mutual Funds, NFOs (New Fund Offers), ETFs (Exchange Traded Funds), Credit, and Algo Trading.

Account Type

Groww offers a free Demat account with zero maintenance charges, making it a trusted platform for over 50 million Indians to open and manage their investment accounts.

Groww Fees

Stock Trading:

₹20 or 0.1% of the order value, whichever is lower.
A minimum charge of ₹2 applies if the calculated fee is less than ₹2.

Futures & Options (F&O) Trading:

Flat ₹20 per executed order.

Other Charges:

Additional charges like regulatory fees, statutory charges, and penalties are levied by the exchange and are not part of Groww's brokerage fees.

Trading Platform

Trading Platform	Supported	Available Devices
Groww	✔	Desktop, IOS, Android

Keywords

2-5 years
Suspicious Regulatory License
Global Business
High potential risk

News

Exposure Weekly "Scam Brokers List" out! Check Is You Broker listed here?

The forex market is increasingly prone to scams, and forex trading has become riskier due to the growing number of fraudulent forex brokers. So, how can you protect yourself and your hard-earned money? Being informed is the most powerful weapon you can use to safeguard yourself. This article aims to raise a fraud alert — read on to learn about the scam brokers you should stay away from and how to spot red flags before it's too late.

2025-08-14 14:22

Exposure Is India-Based Groww an Investment Scam? 5 Truths to Know

Groww is an India-based broker that is gaining popularity rapidly in the country. You will often see its ads on YouTube and other social media platforms. This broker is promoting itself aggressively. But before you invest with this broker, here are 5 red flags you should know.

2025-08-11 19:44

News Is Groww safe to trade?

Groww is an investment platform based in India that offers a variety of market instruments for investment purposes. However, it is important to note that the provided information raises concerns about Groww's legitimacy due to its lack of regulation and low score on WikiFX. Regulatory oversight provides certain protections to investors, and investing with an unregulated entity may involve higher risks.

2023-12-28 18:30

Wiki Q&A

Ahmed Harb

1-2 years

Is Groww a safe and legit platform for trading?

WikiFXReply

While Groww has established itself as a popular platform in India, its unregulated status raises legitimate concerns about its safety. Since it is not regulated by SEBI or any other financial authority, it lacks the investor protections that regulated platforms typically offer. However, Groww review shows that the platform is widely used and offers a range of financial products like stocks, mutual funds, and ETFs with competitive fees. The Groww trading interface is intuitive, and the platform is designed to be accessible to both beginners and experienced investors. Despite its unregulated status, the platform has managed to attract millions of users. But if you're wondering, is Groww safe, it's important to recognize the inherent risks involved in trading on an unregulated platform. Proceed with caution, especially if you plan to invest significant sums.

Is Groww regulated by a financial authority?

WikiFXReply

No, Groww is not regulated by any major financial authority like SEBI in India or other global regulators. As an unregulated broker, this lack of oversight raises concerns about investor protection. While Groww trading has gained significant traction in India, it does not operate under the same regulatory frameworks that typically ensure the safety and transparency of financial operations. The unregulated status means that in the event of disputes or financial issues, traders may have limited recourse. For users logging into Groww login, it’s important to consider the risks associated with trading on a platform that lacks formal regulatory oversight. While the platform offers a user-friendly experience and low fees, the is Groww safe question remains pertinent. It’s advisable to only invest funds you are prepared to lose, especially in the absence of regulatory protection.

How do I deposit funds into my Groww account?

WikiFXReply

Groww provides several ways to deposit funds into your trading account, including bank transfers, online payments, and using affiliated ATMs with a Daiwa Card. While Groww does not specify a minimum deposit amount, the platform is designed to be accessible for both new and experienced investors, allowing them to start with smaller amounts. For those using Groww login, it’s crucial to verify the payment method you plan to use to ensure no extra charges or limitations apply. While Groww offers flexible deposit methods, the absence of clear information about deposit fees could be a potential issue for traders who want complete transparency. To avoid unexpected costs, it’s advisable to contact Groww support to confirm any fees or limits associated with your preferred deposit method.

Can I use leverage when trading on Groww?

WikiFXReply

Groww offers Margin Trading Facility (MTF), allowing users to trade on margin and access leverage. However, the specific leverage ratios are not explicitly mentioned on the platform. Leverage allows traders to borrow funds to increase their market exposure, but it also amplifies the risks involved. Since Groww does not provide specific details about leverage, it's advisable to contact Groww customer support to clarify the terms and risks before using leverage on the platform. For someone who is interested in using Groww trading with leverage, it’s important to fully understand the risks and ensure that you’re comfortable with the margin requirements. Trading on margin can increase both profits and losses, so caution is key when leveraging your trades.