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Groww Logo

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... Know more about Groww

Share.Market Logo

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... Know more about Share.Market

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Groww Vs Share.Market

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.

 GrowwShare.Market
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE and BSEBSE, NSE
Year of Incorporation20162023
Number of Branches00
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Groww Vs Share.Market Charges & AMC

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).

 GrowwShare.Market
Trading Account Opening ChargesRs 0 (Free)Rs 0 (free)
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0Rs 0 (free)
Demat Account AMC ChargesRs 0Rs 180 (free for 1st year)

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Groww Vs Share.Market Brokerage

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 TypeGroww Standard PlanShare.Market ZERO brokerage till 31st Mar 2025
Fixed ChargesNA
Equity DeliveryRs 20 per executed order or 0.05% whichever is lowerRs 0 (Free)
Equity IntradayRs 20 per executed order or 0.05% whichever is lowerRs 0 (Free)
Equity FuturesRs 20 per executed orderRs 0 (Free)
Equity OptionsRs 20 per executed orderRs 0 (Free)
Currency FuturesNA
Currency OptionsNA
Commodity FuturesNA
Commodity OptionsNA
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 Vs Share.Market Brokerage Plan 2

 GrowwShare.Market
Account TypeStandard PlanDefault Plan
Fixed ChargesNA
Equity DeliveryRs 20 per executed order or 0.05% whichever is lowerRs 20 per executed order or 0.05% whichever is low
Equity IntradayRs 20 per executed order or 0.05% whichever is lowerRs 20 per executed order or 0.05% whichever is low
Equity FuturesRs 20 per executed orderRs 20 per executed order
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesNA
Currency OptionsNA
Commodity FuturesNA
Commodity OptionsNA
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Groww Charges Vs Share.Market

Minimum BrokerageRs 20 or 0.05% per executed order
Other ChargesPhysical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade ChargesNA
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Groww Vs Share.Market Leverage (Margin)

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.

 GrowwShare.Market
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)
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Compare Groww and Share.Market Features

The trading platforms offered Groww include Groww. Share.Market offers Share.Market website and mobile app trading software.

 GrowwShare.Market
3 in 1 AccountNoNo
Automated TradingNoNo
Margin Trading FundingNoNo
Margin Against Shares (Equity Cash)NoNo
Margin Against Shares (Equity F&O)NoNo
Trading PlatformGrowwShare.Market website and mobile app
Intraday Square-off Time3:10 PM3:10 PM
Trading In SME Shares Allowed?NoYes
Referral ProgramNoNo
Other Features
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Groww Vs Share.Market Review

Groww is rated of 5 based on 106 customer reviews whereas Share.Market is rated of 5 based on 2 customer reviews.

 GrowwShare.Market
 106 Customer Reviews    Rate Groww2 Customer Reviews    Rate Share.Market
FeesRated 4.3 starsRated 3.5 stars
BrokerageRated 3.8 starsRated 5.0 stars
Trading PlatformRated 3.8 starsRated 4.5 stars
Customer ServiceRated 3.5 starsRated 4.0 stars
Research CapabilitiesRated 3.1 starsRated 2.5 stars
Overall RatingRated 3.8 starsRated 4.0 stars
Broker RatingGroww is Rated 3.8 / 5 based on 106 customer reviewsShare.Market is Rated 4.0 / 5 based on 2 customer reviews

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Contact Broker / Request A Call Back

 GrowwShare.Market
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

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Groww Vs Share.Market Investment Options

 GrowwShare.Market
Stock / EquityYesYes
CommodityNoNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDNoNo
DebtYesNo

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Groww Vs Share.Market Order Type Offered

 GrowwShare.Market
Bracket OrderNoNo
Cover OrderNoNo
Buy Today Sell Tomorrow (BTST)YesNo
Sell Today Buy Tomorrow (STBT)NoNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoNo
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Groww Vs Share.Market Suitable For Investor Type

 GrowwShare.Market
Casual InvestorYesNo
Active InvestorNoYes
TraderNoYes

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Groww Vs Share.Market - Pros and Cons

 GrowwShare.Market
Pros
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
  • No platform fees: For in-house and third-party WealthBaskets
  • Low cost: WealthBaskets are available at low cost and align with specific themes, sectors, or market trends
  • Investment products: Buy stocks, mutual funds, exchange-traded funds (ETFs), and WealthBaskets
  • Research: Quantitative research-based WealthBaskets and off-the-shelf quant research-led offerings
  • Tracking: Track the stock market, indices, stocks, and sectors with a dedicated market section
  • DIY tools and an intuitive watchlist tracker
  • Experience: Execution experience and a customer-first approach
Cons
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
  • Delivery Trading: Not free.
  • NRI trading is not available.
  • Commodity and Currency Trading: Not available.
  • Trading Features: Share.Market does not offer advanced features such as trading from charts, basket orders, or GTT (Good-Til-Cancelled) orders.
  • There is no call & trade facility.
  • New platform: As a relatively new provider, Share.Market's platform may have fewer features than more established brokers.
  • Limited range of mutual funds: ShareMarket may only offer a subset of the mutual funds available in India.
  • Better apps: Some say it's better to use apps specialising in mutual funds, such as Zerodha, Grow and Upstock. You can also use your bank's app to invest in mutual funds, but most offer regular plans.
  • PhonePe charges commissions of up to 1% on regular plans, which are deducted when you withdraw money. Other apps like Zerodha and Groww offer direct plans that don't charge commissions.
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

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Share.Market Special Offer

Zero brokerage on trades across all segments

  • Pay zero brokerage on trades across all segments - F&O and equity.
  • Trade with the trusted PhonePe brand.

Offer valid until 31st March 2025. Open Instant Account online and start trading today.

Open Share.Market Account


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