Side-by-Side Comparison Independent Updated Jun 14, 2026
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
VS
| Groww | Fyers | |
|---|---|---|
| BrokerRank Score | 3.0/5 ✓ | 3.0/5 |
| 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 |
Quick VerdictBrokerRank recommends
Best for Beginners
GrowwFyers
Best for Low Fees
GrowwFyers
Best for Regulation
GrowwFyers
Quick Answer
Groww (3.0/5) and Fyers (3.0/5) 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
Feature
Groww
Fyers
WinnerOur Rating
3.0 / 5
3.0 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.05/lot
None
Platforms
Proprietary Web, Proprietary Mobile
FYERS Web, FYERS App, FYERS Markets
Markets
Stocks, Indices
Stocks, Etf, Futures, Options
Founded
2016
2015
Headquarters
Bangalore, India
Bangalore, India
Score
0 / 1
1 / 1
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Find my matchFees Comparison
Fee
Groww
Fyers
Lower feesSpread From
0 pips
0 pips
Commission
$0.05/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Groww scores 3.01/5 while Fyers scores 3.00/5 in our independent rating.
Groww edges ahead overall, but Fyers may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Groww
3.0/5
Choose Groww if you want…
Similar strengths to Fyers — compare below.
Fyers
3.0/5
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 (3.0/5) and Fyers (3.0/5) 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
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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Groww
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