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Fyers vs Groww (Compare Fyers and Groww)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Fyers vs Groww, Below comparison of Fyers vs Groww highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Fyers vs Groww is given below:

Fyers Groww
About The Brokers
Fyers :

"FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment"   >>> more

Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Find More Information about the Broker :
Fyers :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker
Fyers :
 Discount Broker
Groww :
 Discount Broker
Promo/offers
Fyers :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Groww :
N/A
Advantage
Fyers :
  •   Rs. 20 flat-fee trades.
  •   Brokerage free Investment in Mutual funds
  •   Brokerage free Equity delivery Trade
  •   High Performance Trading platforms
  •   Free Demat & Trading account for Life, Fyers do not charge trading and demat account opening fees & AMC.
  •   They provide unique portfolio investment for new entrants in the market called thematic investing at 100 per theme. (Buying at Free of cost , ₹100 or 2% (Whichever is lower) on Sell/Exit, Re-balance, Modify
  • No Hidden Charges , Fyers is very transparent on charges  
  • All trading software are available for free of cost  
  • Possibility of earning via referral, earn 20% of the revenues generated by your friends, for life
  • Trade profitably for 30 days & get your brokerage refunded.
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
Disadvantage
Fyers :
  •   No team of experts for market research.
  • Rs. 50 Admin square-off Charges
  •   Call & Trade services at Rs 50 per executed order
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Why This
Fyers :
  •  They Charge Flat brokerage of ₹20/- per executed order.
  •  Brokerage free Equity delivery Trade & Mutual Fund Investment.
  •  No proprietary trading. Pure brokerage firm.
  •  The distinguishing feature of Fyers- "Thematic investing".
  •  Technological advance online trading platforms are provided to its customers.
  •  They have customer support above average, and referral programmes are also worth investing your valuable time.
  •  Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy.
  •  Trade profitably for 30 days & get your brokerage refunded.
  • Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions. 
  •  Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators.
  •  IPOs and FPOs through UPI payments.
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
Open Account

Fyers vs Groww Account Opening & AMC Charges

Fyers Trading Account Opening Fee is Rs 0 (Free) and Groww Trading Account Opening Fee is Rs 0 . Fyers Demat Account AMC is Rs 300 and Groww Demat Account AMC is Rs 0 .

Fyers Groww
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 300

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0


Fyers vs Groww Brokerage Charges

Fyers Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order . Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

Fyers Groww
Plan Name Plan Name :

Fyers

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Future :

Rs 20 per executed order

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Futures :

NA

Currency Options Currency Options :

Rs 20 per executed order

Currency Options :

NA

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Futures :

NA

Commodity Options Commodity Options :

Rs 20 per executed order

Commodity Options :

NA


Fyers vs Groww Exchange Transaction Charges

Fyers Exchange Transaction Charges Equity Future is Rs 240 per Cr (0.0024%) and Equity Options is Rs 5900 per Cr (on premium) (0.059%) . Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium .

Fyers Groww
Equity Delivery Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 240 per Cr (0.0024%)

Equity Future :

NSE: 002%

Equity Options * Equity Options :

Rs 5900 per Cr (on premium) (0.059%)

Equity Options :

NSE: 0.053% on premium

Currency Futures * Currency Futures :

Rs 240 per Cr (0.0024%)

Currency Futures :

NA

Currency Options Currency Options :

Rs 5900 per Cr (on premium) (0.059%)

Currency Options :

NA

Commodity Commodity :

NA

Commodity :

NA


Fyers vs Groww Other Charges

Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade . Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA .

Fyers Groww
Minimum Brokerage Minimum Brokerage :

Intra-day: Rs 7 or 2.5% whichever is lower

Minimum Brokerage :

Rs 20 or 0.05% per executed order

Call & Trade Call & Trade :

Rs 20 per trade

Call & Trade :

NA

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹7 + ₹5.5 (CDSL Charges)

DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Other Miscellaneous Charges Other Miscellaneous Charges :

Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)

Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50


Fyers vs Groww Features

Fyers and Groww both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Fyers Groww
Trading Platform Trading Platform :

Fyers One (In-house build)

Trading Platform :

Groww

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No


Fyers vs Groww Demat Account Charges

A comparative table of various demat account charges between Fyers and Groww is below:

Fyers Groww
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 0

Account Opening Fee :

Rs 0 (Free)

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Rs 0

AMC AMC :

Rs 300 Per Year

AMC :

Rs 0 (Free)

Dematerialisation Charges Dematerialisation Charges :

Rs 0

Dematerialisation Charges :

Rs 150 per certificate + courier charges

Rematerialisation Charges Rematerialisation Charges :

Rs 0

Rematerialisation Charges :

Rs 150 per certificate + courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 7 + Rs 5.50 flat for every debit transaction

Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

Rs 0

Pledge Creation Charges :

Rs 20 + Rs 12 per request (CDSL Charges)

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 0

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

Rs 0

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Rs 0

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

Adhoc / Non Periodic Statement Requests: Rs 0 + courier charges at actuals,Conversion of MF Units / Destatementisation: Rs 100 per certificate, Modification in Client Master List (CML): Rs 50,Modification in KRA: Rs 50,Stamp Charges: Rs 50

Other Charges :

KYC Modification: Rs 50


Fyers vs Groww Basic Details

Fyers Year of Incorporation is 2015 and Total Number of Clients is 135268 and . Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and .

Fyers Groww
Year of Incorporation Year of Incorporation :

2015

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE and BSE

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : http://fyers.in/ Website : https://groww.in/
Contact Details Contact Details :

080-46251111

Contact Details : -
Total Number of Clients Total Number of Clients :

135,268

Total Number of Clients :

4,268,383

Total Number of Branches Total Number of Branches : - Total Number of Branches : -
Products * Products : - Products :

GROWW MOBILE APP


Fyers vs Groww Orders

Orders

Fyers Groww
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No


Fyers vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

Fyers Groww
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No


Fyers vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Fyers Groww
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

NA

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs.10,000

Investment required for Franchisee / AP :

NA


Fyers vs Groww Product & Services

Fyers and Groww both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Fyers Groww
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

No

Call in Trade * Call in Trade :

Yes

Call in Trade :

NA

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

No

SMS Alerts * SMS Alerts :

No

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

YES

Portfolio Analysis * Portfolio Analysis :

No

Portfolio Analysis :

NO

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

No

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

No

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

No

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No


Fyers vs Groww Customer Services

Fyers and Groww both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Fyers Groww
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

No

Customer Care * Customer Care :

Yes

Customer Care :

No

Community Service * Community Service :

Yes

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No


Fyers vs Groww Other Investement

Fyers and Groww both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Fyers Groww
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

No

Investment in ETFs * Investment in ETFs :

No

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

No

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No


Fyers vs Groww Trading Platform

Fyers and Groww both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Fyers Groww
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

No

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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