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Groww | Algo Trading

Groww Broker Information​

:For any queries reach out to us!

axis-connect-algotest

Image via Groww

What You’ll Need For Algo Trading with Groww​

AlgoTest Account​

You need to have an AlgoTest account. If you don’t have an AlgoTest account, you can create it by clicking on this link.

Groww Account​

You need to have a Demat account with Findoc. If you don't have an account, create an account on Groww here. Make sure to activate F&O on your account.

Connecting Findoc with AlgoTest​

Go to AlgoTest, login to your account. Click on the Broker Setup at the top right.

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You’ll see a dashboard as shown below. Put "Groww” in the search bar.

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You will see the option to set up “Groww” as shown in the image. Click on the setup.

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You will be directed to the page shown in the image below. Now, add the name for this API connection and add your Client ID. Click on “Add Groww”.

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To find the Client ID, follow these steps:

  1. Go to this link and copy your unique client code.
  2. Enter your client code in the field here.

Once you are done, click on Setup.

You have successfully added Findoc broker to your AlgoTest Account.

Note: Multi-API is supported.​

About Groww Broker​

Overview​

Groww is a Bengaluru‑based digital brokerage and investment platform started in 2016. It serves over 13 million active retail clients, offering stock, F&O, mutual fund, ETF, IPO, and digital gold investments—all via intuitive web and mobile interfaces.

What You Can Do with Groww on AlgoTest​

  • Connect your Groww Trading API to AlgoTest for fully automated execution
  • Backtest and deploy equity, intraday, futures, and options strategies
  • Access real-time market data and historical feeds via Groww API
  • Manage orders, positions, margin, and portfolios in AlgoTest dashboards
  • Run strategies 24Ă—7 in live or virtual mode

Groww Trading API​

  • Uses OAuth 2.0 for secure authentication; tokens expire daily
  • Supports endpoints for market data, order placement/modification, portfolio & margin APIs
  • Priced at â‚ą499 + tax/month (flat API subscription)

Brokerage Charges​

  • Equity Delivery: â‚ą20 or 0.05% per order (whichever is lower)
  • Equity Intraday: â‚ą20 or 0.05% per order; penalty â‚ą50+GST if not squared off before 3:20 PM
  • Futures & Options: Flat â‚ą20 per executed order
  • Depository Charges: â‚ą16.5 + CDSL/NSDL + GST per sales transaction
  • Statutory Fees: STT, stamp duty, exchange, SEBI, IPF charges, and GST as per regulatory frameworks

Groww raised brokerage fees by ~150% on low-value trades in May 2025 to improve profitability.

FAQs​

1. Who can use Groww’s API?
Anyone with a Groww account can subscribe for â‚ą499 + taxes/month to unlock API trading.

2. What segments are available?
Equity, intraday, futures, options, margin trading, and historical & live data are fully supported.

3. How do I get API access?
In Groww’s profile → Settings → Trading APIs → Generate access token (expires daily at 6 AM).

4. Is AlgoTest integration mobile‑friendly?
Yes, AlgoTest supports Groww across both web and mobile platforms.

5. Can I run multiple strategies simultaneously?
Yes – AlgoTest allows simultaneous live deployment and full performance tracking.

6. What if I don’t square off intraday positions by 3:20 PM?
You'll incur ₹50 + GST per open position, auto‑square‑off applies.