3.7/ 5Simplest app for new investors — zero account & maintenance charges. Founded 2016, Bengaluru · ~1.3 crore active clients.
Quick answer
Groww charges ₹20 or 0.1% (lower) on equity delivery, ₹20 or 0.1% (lower) on intraday and ₹20 / order (flat) on F&O options. Account opening is ₹0 (free) and demat AMC is ₹0 (free). Rated 3.7/5, it's best for first-time investors who want the easiest possible app.
Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.
Account opening
₹0 (free)
Maintenance (AMC)
₹0 (free)
Equity delivery
₹20 or 0.1% (lower)
Equity intraday
₹20 or 0.1% (lower)
Futures
₹20 / order (flat)
Options
₹20 / order (flat)
DP charges
₹18.5 + GST per scrip (sell)
Margin (intraday)
Up to 5× intraday (MIS)
Charges are indicative, compiled from Groww's published rate card (reviewed June 2026), and exclude statutory taxes (STT, exchange, SEBI, stamp duty, GST). Verify current rates on Groww's website.

Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.
Pros
Cons
Best for: First-time investors who want the easiest possible app. Groww supports Equity, F&O, Mutual Funds, IPO on Groww App, Groww Web.
Groww began life as a mutual-fund app and moved into stockbroking in 2020, and that DNA shows: its interface is the most beginner-friendly of any Indian broker, with stocks, mutual funds and IPOs in one clean app and zero account-opening or maintenance charges. The catch is that equity delivery is no longer free — it's ₹20 or 0.1%, whichever is lower — and the platform deliberately keeps advanced charting, order types and commodity trading out of the way. For first-time investors who want the simplest possible on-ramp to the markets, few brokers come close.
See Groww head-to-head — charges, brokerage and a live calculator for each pairing.
FAQs
For information only — not investment advice or a recommendation. OptionX is broker-neutral. Charges are indicative; confirm current rates with Groww before opening an account.
Broker-neutral · Free terminal
Keep your existing broker — OptionX plugs into Zerodha, Upstox, Dhan, Angel One and 20+ others, adding a live options chain with OI heatmaps, single-click execution and ₹5 Cr of paper-trading funds. All free.