Is Groww a discount broker?

Yes, Groww is an online discount broker offering flat fee discount brokerage services to invest/trade in Equity, F&Os, IPO. Groww is an online discount broker that currently allows investment in stocks, bonds, ETFs, NFOs, and digital gold; trading in F&O, commodities, and intraday.

Unlike full-service brokers, Groww does not provide market research and trading tips. They also do not have branch offices or relationship managers.

Established in 2016, Groww is the brand name for Nextbillion Technology Private Limited, a SEBI registered stockbroker and a member of NSE and BSE. Groww charges a maximum brokerage of Rs 20 per order, irrespective of the segment or amount. The company has its own web and mobile trading platform called Groww.

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