About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wealth Broking Private Limited, a wholly-owned subsidiary of PhonePe Pvt Ltd. The company is an accredi...
Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India. Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
Groww | Share.Market | |
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Type of Broker | Discount Broker | Discount Broker |
Exchnage Membership | NSE and BSE | BSE, NSE |
Year of Incorporation | 2016 | 2023 |
Number of Branches | 0 | 0 |
Open Share.Market Account |
Groww trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Groww Demat Account AMC Charges is Rs 0 and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
Groww | Share.Market | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (free) |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (free) |
Demat Account AMC Charges | Rs 0 | Rs 180 (free for 1st year) |
Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
Account Type | Groww Standard Plan | Share.Market ZERO brokerage till 31st Mar 2025 |
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Fixed Charges | NA | |
Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 (Free) |
Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 0 (Free) |
Equity Futures | Rs 20 per executed order | Rs 0 (Free) |
Equity Options | Rs 20 per executed order | Rs 0 (Free) |
Currency Futures | NA | |
Currency Options | NA | |
Commodity Futures | NA | |
Commodity Options | NA | |
Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer |
Groww | Share.Market | |
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Account Type | Standard Plan | Default Plan |
Fixed Charges | NA | |
Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
Equity Futures | Rs 20 per executed order | Rs 20 per executed order |
Equity Options | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures | NA | |
Currency Options | NA | |
Commodity Futures | NA | |
Commodity Options | NA | |
Open Share.Market Account |
Minimum Brokerage | Rs 20 or 0.05% per executed order | |
Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
Call & Trade Charges | NA | |
Open Share.Market Account |
Groww margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Groww | Share.Market | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open Share.Market Account |
The trading platforms offered Groww include Groww. Share.Market offers Share.Market website and mobile app trading software.
Groww | Share.Market | |
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3 in 1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Margin Trading Funding | ![]() | ![]() |
Margin Against Shares (Equity Cash) | ![]() | ![]() |
Margin Against Shares (Equity F&O) | ![]() | ![]() |
Trading Platform | Groww | Share.Market website and mobile app |
Intraday Square-off Time | 3:10 PM | 3:10 PM |
Trading In SME Shares Allowed? | ![]() | ![]() |
Referral Program | ![]() | ![]() |
Other Features | ||
Open Share.Market Account |
Groww is rated of 5 based on 106 customer reviews whereas Share.Market is rated of 5 based on 2 customer reviews.
Groww | Share.Market | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer |
Groww | Share.Market | |
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Stock / Equity | ![]() | ![]() |
Commodity | ![]() | ![]() |
IPO | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Bond / NCD | ![]() | ![]() |
Debt | ![]() | ![]() |
Groww | Share.Market | |
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Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
Buy Today Sell Tomorrow (BTST) | ![]() | ![]() |
Sell Today Buy Tomorrow (STBT) | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
Open Share.Market Account |
Groww | Share.Market | |
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Casual Investor | ![]() | ![]() |
Active Investor | ![]() | ![]() |
Trader | ![]() | ![]() |
Groww | Share.Market | |
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Cons |
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Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. | |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Share.Market Special OfferZero brokerage on trades across all segments
Offer valid until 31st March 2025. Open Instant Account online and start trading today. |
Open Share.Market Account |