Groww Trading Software Review | Download, Demo

Groww allows only Intraday short selling that can help investors book profits in case of adverse market situations wherein you can sell stocks at a higher price and then square off the position by buying at a lower price.

Groww does not allow STBT (Sell Today Buy Tomorrow) orders.

Yes, Groww allows stop-loss orders. Groww has recently introduced the Stop-loss order feature that can help the investors to limit their losses and reduce the risk.

You can find the Stop Loss feature in the Advanced Options on the order placement screen.

Groww trading platforms are safe and secured with SSL certification and 128-bit encryption, one of the highest levels of encryption standard. The personal information and transactions are stored securely through these high levels of encryption.

Groww offers basic order types like Limit Order and Market Order. The company has recently introduced a Stop-Loss Order feature. It also allows BTST.

A limit order is an order to buy/sell the stock at a specific price.

A market order is an order to buy/sell the stock at the current market price.

A Stop-loss order feature is a trigger to limit the loss and reduce the risk.

Groww offers a proprietary trading platform to its investors in the name of Groww. Groww trading platform is available on the web and as a mobile app only. It does not have call and trade services.

Groww Trading platforms:

• Groww website

  Groww website is a web-based trading platform that can be accessed from any computer or phone that has a web browser installed on it.

• Groww trading app

  Groww trading app is a mobile app by Groww that is available for Android and Apple smartphones.

Groww stock account closure is an offline process.

To close the Groww stock account, you need to download the account closure form from Groww's website. Fill in the required details on the closure form and send the duly signed form to Groww's head office address.

Please note that your account cannot be closed if you have any stocks in the Demat account or any negative outstanding balance in your account.

You need to have a trading and Demat account with Groww to buy shares through the Groww App. You also need to ensure to maintain sufficient margins in your trading account to purchase the desired stock.

Steps to buy shares in the Groww App

1. Login to the Groww App.
2. Search and click on the stock you wish to buy
3. Enter the below parameters to place the buy order
   • Type - Intraday or Delivery
   • Choose the Exchange - BSE or NSE
   • Provided quantity of shares you want to buy.
   • Select order type - Market price or Limit price
4. Go to advanced options to place a Stop-loss order. (optional)
5. Click on Buy to place the order.

You require an email id and password to log in to the Groww mobile app. The email id should be the one used at the time of account opening.

Steps to login to the Groww app:

1. Download the app from the Play Store or App Store.
2. Click on the 'Login' Tab.
3. Enter your Email ID and password.

You can also enable the two-factor authentication (2FA) to set fingerprint login/PIN to log in to your Groww app.

You can buy stocks through the Groww App or the Groww website. For purchasing the shares, you need to have an active Trading and Demat account with Groww and the required funds in your Groww balance to buy the stock.

Steps to buy the stocks in Groww:

1. Download the Groww App from Play Store or App Store OR visit https://groww.in.
2. Login to the Groww account using your registered email ID and password.
3. Search the stock you wish to buy.
4. Specify the order details like Delivery type, Exchange, Quantity, and Price.
5. Click on Buy.

Groww app is a safe and secure app with modern encryption techniques.

Groww App has high encryption standard of SSL 128-bit that ensures the safety of all the customer's data, including personal details and banking details. The Groww App also offers two-factor authentication to set up fingerprint/PIN-based login.

The app has more than 1 crore downloads on the Play store and is one of the highly-rated apps with a rating of 4+ on the Play store.

For selling shares on the Groww App, you need to have the stock in your Demat account. You are also required to verify your holdings through TPIN (Transaction Personal Identification Number) provided to you by the CDSL.

Steps to sell shares on the Groww app:

1. Login to the Groww App.
2. Go to the Holdings section.
3. Select the stock you want to sell.
4. Enter the below details:
   • Type (Delivery or intraday)
   • Stock exchange (BSE or NSE)
   • Provided quantity of shares you want to sell
   • Select order type - Market or Limit price
5. Click on Verify Sell.
6. Enter the TPIN to authorize the sell transaction.
7. Input the OTP received on the registered mobile number to verify the TPIN.
8. Click on the sell button to place the order.

If you do not remember your TPIN, you can request a new TPIN (at the verification stage) that gets sent to your registered mobile number.