Score
Groww
India|2-5 years| https://groww.in/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
India
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Groww also viewed..
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Website
groww.in
Website Domain Name
groww.in
Website
WHOIS.INREGISTRY.NET
Company
GODADDY.COM, LLC
Domain Effective Date
2016-04-01
Server IP
104.18.17.196
Company Summary
| Groww Review Summary | |
| Founded | 2016-04-01 |
| Registered Country/Region | India |
| Regulation | Unregulated |
| Market Instruments | Stocks/Futures & Options/MTF/ IPO/Mutual Funds/NFO/ETF/Credit/Bill Payments |
| Leverage | Up to 1:4(MTF) |
| Trading Platform | Groww |
| Customer Support | Facebook, Twitter, YouTube, Instagram, LinkedIn, Telegram |
Groww Information
Groww is a company that provides a wide range of financial services, multiple investment markets, credit loans, and bill payments. Its official website describes itself as India's No.1 Stock Broker and Trading Platform. Users can find their investment solutions in mutual funds, stocks, US Stocks, ETFs Stocks, IPOs, and F&Os.
Is Groww Legit?
Groww is not regulated, making it less safe than regulated brokers.
What products does Groww provide?
Groww offers a wide range of products, including Stocks, Futures & Options, MTF, IPO, Mutual Funds, NFO, ETF, Credit, and Bill Payments.
Futures: Derivatives contracts in which both buyers and sellers must buy/sell the underlying asset at a predetermined price.
Options: Derivates contracts that offer the buyer the right (but not the obligation) to buy/sell the underlying asset at a predetermined price.
MTF: Buy with up to 4X leverage. MTF allows you to buy stocks by paying only a portion of the total cost (25%) upfront
IPO: Initial Public Offering is a process by which a private company becomes public. There are two types of market: Primary Market and Secondary Market.
Mutual Funds: 5000+ mutual funds on Groww with Zero commissions.
NFO: Any asset management company launching a new mutual fund in the market can raise capital for the same by announcing a new fund offer (NFO). Similar to the concept of an initial public offering (IPO).
ETFs: a basket of securities that are sold on an exchange. lt combines features of mutual funds, stocks, or bonds. It is also traded throughout the day, like individual stock.
Credit: Loans at affordable costs.
Account Type
Open a Demat with Groww and Zero maintenance charge.
Trading Platform
Groww provides a proprietary trading platform available on the iOS version or download it through the Google Play Store.
| Trading Platform | Supported |
| Groww | ✔ |
Deposit and Withdrawal
Groww accepts UPl (Unified Payments Interface) and Netbanking Instantly transfer, Groww UPl for immediate deposits, and Bank Transfer (NEFT/RTGS) within 1 hour.
Customer Support Options
Traders can follow the platform on Facebook, Twitter, YouTube, Instagram, LinkedIn, and Telegram.
| Contact Options | Details |
| Social Media | Facebook, Twitter, YouTube, Instagram, LinkedIn, Telegram |
| Supported Language | English |
| Website Language | English |
| Physical Address | Vaishnavi Tech Park, 3rd & 4th Floor Sarjapur Main Road, Bellandur Bengaluru – 560103 |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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