groww demat account

on

Groww

Best for plenty of tradable items.

Groww

Android Ratings: 4.3/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 4.5/5 stars

Groww app is the best trading app in India. The option of trading in gold, stocks, fixed deposits, and more at the same time is the reason for its popularity.

Top Features:

  • Invest in Gold, Fixed Deposits, domestic and US stocks, Mutual Funds, and F&Os.
  • Learning resources.
  • Withdraw rupee50,000 or 90% of the total money invested (whichever is lower) per day.
  • Self-directed trading.
  • Advanced charts to help you study the market trends.

Pros:

  • No account opening charges.
  • No account maintenance charges.
  • ISO 27001:2013 certification ensures that your information is encrypted and secure.

Cons:

  • Advanced order types (like Brackets and orders, Cover orders, etc) are not available.

Why you want this app: Groww app lets you invest in Gold, Fixed Deposits, and Global stocks and offers you learning resources so that you can do self-directed investment.

Price:

  • rupee20 or 0.05% (whichever is lower) per executed trade brokerage charges.
  • rupee20 per order brokerage charges for Futures and Options.

Website: Groww

Conclusion

This article can be briefly summarized into the following points:

  • You can start trading and investing from your personal mobile, with the help of easy-to-use apps.
  • If you want to invest a large amount of money, choose the app which gives you an advisor and gives you recommendations to improve your portfolio.
  • Market analytics tools like advanced charts can be very helpful in doing an informed investment.
  • Beginners should look for an app that lets them build a low-cost portfolio, plus gives them learning resources and tips for portfolio management.
  • Zerodha Kite, Angel Broking, and Upstox Pro App are the top 3 best online trading apps in India.

Research Process:

  • Time taken to research this article: We spent 14 hours researching and writing this article so you can get a useful summarized list of tools with comparison of each for your quick review.
  • Total tools researched online: 22
  • Top tools shortlisted for review: 12

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