Wikilix
Licence record

Groww licences

One licence is on record for Groww. None has been checked against an official register yet.

Back to Groww
At a glance

Regulation on record for Groww

Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.

Licences on record
1
Issuing authorities
1
From tier-1 or tier-2 authorities
1
Found on an official register
0

Groww has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.

Issuing authorities

Jurisdictions

Licence record

Licences on record

Every licence on record for Groww, strongest authority first.

1 record
A licence we could not confirm, or one a register has closed, is listed with that finding rather than left out.
Protection

What this licence protects

SEC's own rules for the firms it authorises.

  • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
  • Complaints routeSEC Tips/Complaints/Referral
  • Maximum leverage1:50
This describes the authority's regime, not how Groww applies it.
Frequently Asked Questions

Questions about the licences held by Groww

Answered from the register entries on this page.

Most Popular Questions
Groww offers customer support via live chat during business hours and email support in English. Contact can also be made by phone at +91 9108800604, and they maintain active social media profiles on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
Groww allows funding through Groww balance, bank transfers for INR withdrawals, mutual fund redemptions, and withdrawals from US stocks via an intermediary broker. Processing times vary from hours to days depending on the method.
Groww charges no fees for deposits and withdrawals made from the Groww balance in INR. Withdrawals via bank transfer in INR also have zero Groww withdrawal fees. However, USD withdrawals from US stocks incur a $9 Groww fee plus a $30 US broker fee.
Groww supports the MetaTrader 5 platform, which is available as a desktop and web trader. MetaTrader 5 offers multi-asset trading including Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
Groww is regulated by the United States Securities and Exchange Commission (SEC) under license number SEC# 8-51605. It operates as a broker-dealer and investment adviser with onshore regulation and client fund insurance through SIPC up to $500,000 per customer.
Groww has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Groww holds licence records issued by SEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Groww comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Groww has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Groww has licence records in United States. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.