Is Groww Demat account safe?

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Groww is a SEBI registered broker having depository membership with CDSL.

The stocks in the Groww Demat account are actually held with CDSL and not with Groww. Groww works only as an agent for the Demat account for CDSL. Thus, the Groww Demat account is safe and secure as any other Demat account.

Groww has membership with major stock exchanges like NSE, BSE, NCDEX, and MCX and has all the required certifications to conduct broking operations in India.

Topic: Groww Demat Account Review

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