Groww is an online trading application for Android with zero commissions on direct funds and account maintenance.
Platform
The application provides essential tools for trading and investment online. As mentioned before, the service has no charges or commissions on transfers of money. There is no need for documentation to sign up and use the utility. In order to deposit and withdraw funds, everyone has to open a free Demat account.
It is possible to explore the market and see the analytics of each company to make proper decisions based on data. Each stock has detailed information that can be useful for traders.
Usage
Groww has several sections that make trading convenient for you. Once you go to sell or buy something, you need to click Stocks and the app will show shares of various companies. Just like in Binomo, you can find helpful information about the rise and fall of prices in charts and indicators.
If you only started trading and investing, a Systematic Investment Plan helps you to learn and get more experience from analysts. In addition, there is an option to take loans and use these funds within the application.
Note
The platform is available only for Indian citizens and all money processes in rupees. Groww is registered on AMFI and SEBI, which makes it safer.
Features
- provides essential tools for trading and investment;
- free to download and use;
- displays analytics of stocks and their dynamics on the market;
- compatible with current Android versions;
- has a Systematic Investment Plan for regular purchases.
