Is Opening a Demat and Trading Account Safe with Groww?

Short Answer

Yes, opening a Demat and trading account safe is completely safe with Groww. In fact, being an emerging entrant in the stock brokers arena, it's trying to expand its user base quite agressively. And, seeing such new players in the already competitive stock broker hub is really interesting and somewhat beneficial for the traders.

Detailed Answer

Groww has established itself quite well that too at a fast pace. Expanding its horizon from direct mutual fund investing to the stock trading part, it has gained a lot of attraction over the years.

Not only this, opening a trading and demat account has become easy and effortless with stock brokers like Groww offering quicker alternatives. Groww offers a two in one account opening process and trades can be carried out either through the web or through its mobile application.

The platform offers advice and complete information on risky products with a plethora of advice on finance and technology. The platform uses next-gen technology to keep all the data and data safe and secure free from any type of damages.

SEBI is the regulatory authority protecting the interest of investors and traders. So, you don't have to worry of it! As an investor or trader if you open a trading and demat account with licensed stock brokers, your interest is safeguarded by the apex regulating body.

Groww Mutual Fund and Stock Investing App is quite a popular among investors looking to put their money in stocks and mutual funds. Initially, only the mutual fund investing was offered, but now the Stocks portion is also fully live on this tech-driven application.

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Comments (3)

    Groww is a very good platform for trading. From my experience I can say that, the process to open a demat and trading account is very easy and straightforward and it is reliable at the same time.

    Groww is surpassing milestones in harboring more users than what it has projected. The platform sis quite great as it implies the latest technological software and encryption codes to keep accounts and transactions safe and secure. Try it out as it will not disappoint.

    It takes some time for any company or broker for that matter to build credibility and reliability amongst users. Groww is relatively very new in stock broking. It will take time to establish a name in the said field. So, one should thoroughly research and not hurry up in opening a demat and trading account. In fact, when a platform is new it does take considerable time for it to stabilize and accommodate any incoming users. While the existing trading platforms like Zerodha already offer a robust and stable portal for one's trading requirements.

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