Is Groww App Safe for Investment ? (2024)

India has a massive pool of investors, including both newbies and proficients. Currently, their number stands in crores (yes, crores!).

These factions invest in multiple investment options, including Stocks, Mutual Funds, Futures and Options and whatnot!

While there are umpteen investment options, only a few reliable investment platforms in our nation allow investing in such investment alternatives.

To bridge this very gap, Groww was founded!

The revolutionary year of 2016 saw Groww coming to life with the sole motive of offering investors and traders a seamless online investment platform. With our crystalline vision to furnish a safe, easy, fast and transparent online platform, we began our journey.

We often say, Yeh Market Sabka Hai !

We believe so, as our primary pursuit is to let investors explore the abundance of investment opportunity that lies in our nation.

Amidst this, people often wonder whether the Groww app is safe or not, which we believe is a genuine concern. Well, to clear all the clouds of doubts, yes, Groww is the safest platform you could use to invest and grow (rather Groww) your financial standings.

Is Groww App Safe? Here're All the Reasons Why It Is

We have listed out many of the reasons why Groww is a safe online platform for investment-

  • Incorporated with Legal Memberships

Groww is a CDSL Depository Participant and Stock Broker registered with the Securities and Exchange Board of India (SEBI). It is also a prominent member of stock exchanges like NSE, BSE, etc.

We have all the legal memberships and are accredited with the required licenses making us a secure platform for investment.

Since many traders fall prey to unauthorised advisors, registering with SEBI and meeting all the compliance formalities was our foremost priority.

  • Customer-Centric Principles

Groww has always had (and will always have) a customer-first approach. We always adhere to serving our valuable customers with the most transparent and seamless investment platform that assists them in meeting their financial aspirations.

We never compromise with the quality of service, ensuring the safety of the medium our customers use to invest.

  • Pricing Model

We have a single brokerage rate for each of our customers that ensures the chopping off of any operational risks that may follow.

Our simple model of pricing, with no hidden charges, makes us stand firm and crystal clear in front of our customers.

  • Out-and-out Transparency

In this blog, we have mentioned the word ‘transparent’ quite often. You might have noticed the same already by now, right?

Well, offering a transparent investment platform is one of the principal philosophies we follow at Groww. We are stringent in adhering to this as customers urge a reliable investment platform that doesn’t pledge false promises.

One of a customer's basic needs is to avail of a secure investment platform that offers them the safe service to invest their funds securely. We understand their concern and hence assure offering the services with seamless transparency.

  • Walled with Layers of Security

One of our highest priorities at Groww is to secure each of our customer’s data with paramount security. To ensure so, we have built a high level of encryption that safeguards our customers' critical information, their transactions, their investments' out and about, etc.

  • Pillared with Integrity

We sincerely acknowledge that every investor, new or skilled, needs a safe and honest investment platform that does not impede but assists in meeting their financial objectives.

We understood the lack of the same in India and moved ahead aggressively to create a platform that bridges this integrity gap.

We built Groww with a vision to be completely honest with our customers and to have them always informed about where and how their investments are directed.

  • Privacy Policy

Our direct and clear privacy policy states to keep each customer’s data private, secure, and unadulterated.

Groww app is safe as the customer information that we receive is collected, processed and stored securely. It is never compromised and inhabits safely under our secure storage.

  • Trusted by Millions of Users Across India

Gaining a customer’s trust is not easy in a world full of web lies. But since our inception, we gained the trust of hundreds of users with our matchless and honest services.

Those hundreds of customers turned into millions in no time and have trusted us completely while investing their hard-earned money through our platform.

We give it to our honest and forthright policies that helped us gain so.

Is Groww App Safe for Investment ? (2024)
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