Groww
Depends
Confidence: Medium
A solid pick for first-time Indian investors wanting simple stock and direct mutual fund investing in one app.
New check
Comparison
Groww and Upstox both land on Depends.
A solid pick for first-time Indian investors wanting simple stock and direct mutual fund investing in one app.
A legitimate, low-cost Indian broker that works fine if you trade cheaply and never need help.
| Compare | Groww | Upstox |
|---|---|---|
| Verdict | Depends | Depends |
| Best for | First-time Indian investors | Cost-sensitive active traders in India |
| Who it's not for | Active F&O traders needing advanced tools | Anyone who might need responsive customer support |
| Privacy | One public CVE (Android app auth bypass); company runs a bug bounty, employs a CISO, and publishes security practices.⁶ | Major April 2021 data breach disclosed; now runs a bug bounty program and public trust-and-security page. |
| Support quality | 'Very bad experience' and 'most poor service' reviews | SEBI referrals, horror threads, negative Trustpilot |
| Public sentiment | Users praise Groww's simplicity but frequently complain about hidden charges and poor customer support.¹ | Long-term users accept the pricing and app, but Reddit and Trustpilot repeatedly flag bad support, new AMC fees, and difficult account closure.12 |
| Biggest gotcha | Multiple Reddit threads allege total costs land higher than marketing implies; verify each trade's breakdown.³ | Account maintenance charges introduced/raised; users report surprise fees on existing accounts14 |