Groww vs Fyers 2026: Which Broker is Better?
Compare Groww and Fyers side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Groww
Fyers
| Groww | Fyers | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | SEBI | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile | FYERS Web, FYERS App, FYERS Markets |
Groww (3.1/5) and Fyers (3.1/5) are closely matched. Groww has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowGroww vs Fyers: Key Differences
Groww
Fyers
WinnerStill deciding between Groww and Fyers?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Groww
Fyers
Lower feesBrokerRank Verdict
Groww scores 3.13/5 while Fyers 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?
Groww
3.1/5
Choose Groww if you want…
Similar strengths to Fyers — compare below.
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)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Groww & Fyers are available in
Frequently Asked Questions
1Is Groww better than Fyers?
Groww (3.1/5) and Fyers (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.
2Which has lower fees, Groww or Fyers?
Groww offers spreads from 0 pips, while Fyers starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Groww vs Fyers?
Groww requires a minimum deposit of $0. Fyers requires $0.
4Which broker is safer, Groww or Fyers?
Groww is regulated by SEBI, while Fyers holds licences from SEBI.
5What trading platforms do Groww and Fyers support?
Groww supports Proprietary Web, Proprietary Mobile. Fyers supports FYERS Web, FYERS App, FYERS Markets.
6Can I use both Groww and Fyers?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Featured
Deriv
4.0Capital at risk · T&Cs apply