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Side-by-Side Comparison Independent Updated Oct 29, 2026

Fyers vs Groww 2026: Which Broker is Better?

Compare Fyers and Groww side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

FyersGroww
BrokerRank Score3.1/53.1/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:5 ✓1:1
RegulationSEBISEBI
PlatformsFYERS Web, FYERS App, FYERS MarketsProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FyersGroww
Best for Low Fees
FyersGroww
Best for Regulation
FyersGroww
Quick Answer

Fyers (3.1/5) and Groww (3.1/5) are closely matched. Fyers has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Fyers vs Groww: Key Differences

Feature

Fyers

Winner

Groww

Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
None
$0.05/lot
Regulated By
Platforms
FYERS Web, FYERS App, FYERS Markets
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Futures, Options
Stocks, Indices
Founded
2015
2016
Headquarters
Bangalore, India
Bangalore, India
Score
1 / 1
0 / 1

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Fees Comparison

Fee

Fyers

Lower fees

Groww

Spread From
0 pips
0 pips
Commission
None
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Fyers scores 3.13/5 while Groww scores 3.13/5 in our independent rating.

Both brokers score equally — the best choice depends on your individual trading priorities. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Fyers

Fyers

3.1/5

Choose Fyers if you want…

  • No per-trade commission
  • Higher leverage (up to 1:5)
  • More market types (4)
  • More established (est. 2015)
Groww

Groww

3.1/5

Choose Groww if you want…

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Both Fyers & Groww are available in

Frequently Asked Questions

1

Is Fyers better than Groww?

Fyers (3.1/5) and Groww (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, Fyers or Groww?

Fyers offers spreads from 0 pips, while Groww starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Fyers vs Groww?

Fyers requires a minimum deposit of $0. Groww requires $0.

4

Which broker is safer, Fyers or Groww?

Fyers is regulated by SEBI, while Groww holds licences from SEBI.

5

What trading platforms do Fyers and Groww support?

Fyers supports FYERS Web, FYERS App, FYERS Markets. Groww supports Proprietary Web, Proprietary Mobile.

6

Can I use both Fyers and Groww?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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