1. What is Groww Brokerage?

Groww brokerage is the fee charged by Groww platform for executing trades. The fee is calculated as a percentage of the trade value.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( Trade\ Value \) — Total value of the trade in INR
• \( Groww\ Rate \) — Brokerage rate as decimal (e.g., 0.0005 for 0.05%)

Explanation: The calculation multiplies the total trade value by Groww's brokerage rate to determine the fee amount.

3. Importance of Brokerage Calculation

Details: Calculating brokerage fees helps traders understand their transaction costs and evaluate the profitability of their trades.

4. Using the Calculator

Tips: Enter trade value in INR and Groww rate as decimal (e.g., 0.05% as 0.0005). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is Groww's standard brokerage rate?
A: Groww typically charges 0.05% or ₹20 per executed order (whichever is lower) for equity delivery trades.

Q2: Does this calculator include all charges?
A: No, this only calculates brokerage. Other charges like GST, STT, etc. are not included.

Q3: Is the rate same for all trade types?
A: No, rates vary for equity delivery, intraday, F&O, and other segments.

Q4: How often does Groww change its rates?
A: Brokerage rates may change occasionally. Always check Groww's latest pricing before trading.

Q5: Can I negotiate lower rates with Groww?
A: Groww generally offers fixed rates, but high-volume traders might get special pricing.