1. Groww App Review
Groww app is one of the fastest-growing investment platforms in India with 90+ lakh customers. Groww started in 2016 as a direct mutual fund platform. Currently, the Groww app allows investors to trade and invest in Stocks and Mutual funds. The company is in different phases of testing for US Stocks, Digital gold, and Fixed Deposits that it soon aims to add to the Groww app.
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Groww app is a smartphone trading app available for free to all its customers. It is an intuitive trading app with a simple design and clean user interface that makes the trading experience swift, easy, and convenient.
Groww app is safe and secured with a high level of encryption standard with 128-bit SSL encryption that keeps all the personal information and transactions safe within the app. The app is available for Android and iOS smartphone users.
2. Groww App Benefits
- Groww is an efficient app offering a wide range of benefits to the users:
- Easy Trading with a simple design and clean user interface.
- Faster Trading on account of one-click order placement.
- Secure Trading with modern encryption techniques.
- Hassle-free and paperless account opening.
- No separate login for Mutual Fund investments.
3. Groww app charges
Groww app is available for free to its customers. Groww offers free account opening with zero maintenance charges. The mutual fund investment through the Groww app is free with no transaction charges or any hidden charge. An investor is required to pay brokerage charges, Demat charges, and other regulatory charges like STT, exchange transaction charges, GST, and Stamp Duty, for stocks. Groww has a simple pricing model with a flat fee model.
Groww app Brokerage Charges
- Equity Delivery: Lower of Rs 20 or 0.05% of trade value
- Equity Intraday : Lower of Rs 20 or 0.05% of trade value
Important
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