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Comparision (Groww VS Fyers)

 

Groww Vs Fyers

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.


Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Fyers - Broker Details

Groww Fyers
Single Margin Facility
Year of Incorporation 2016 2015
Exchanges NSE and BSE. BSE, NSE, MCX.
Branches Zero Zero
Brokerage ₹20/ Order ₹20/ Order or 0.03% ( Whichever is lower)
Broker Type Discount Broker Discount Broker
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Account Opening & AMC Charges

Groww Fyers
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Brokerage charges & Plans

Groww Fyers
Commodity Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Currency Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options N/A ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)r
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Other Charges

Groww Fyers
RMS Square Off Charge ₹50/ Order (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Transaction Charges

Groww Fyers
Currency Options N/A ₹5900/ Cr(on premium) (0.059%)
Equity Futures NSE:- 0.002% ₹240/ Cr (0.0024%)
Equity Intraday NSE:- 0.00345% | BSE:- 0.00345% ₹325/ Cr (0.00325%)
Equity Options NSE:- 0.053% on premium ₹5900/ Cr (on premium) (0.059%)
Commodity N/A NA
Currency Futures N/A ₹240/ Cr (0.0024%)
Equity Delivery NSE:- 0.00345% | BSE:-0.00345% ₹325/ Cr (0.00325%)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Margin (Exposure)

Groww Fyers
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Features

Groww Fyers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Review & Rating

Groww Fyers
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Request a call back from Broker

Groww Fyers
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Investment Options

Groww Fyers
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Order Type

Groww Fyers
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Research & Report

Groww Fyers
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Daily Market Report

Groww Fyers
Daily Market Reports & News
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Suitable For Investor

Groww Fyers
Casual Investor
Active Investor
Trader
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Pros & Cons

Groww Fyers
Pros 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free.
Cons 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. 1.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free.
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Background

Groww Fyers
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Compare All Brokers

Groww Fyers
Call Back Open Account Call Back Open Account

Groww Vs Fyers - STT/CTT

Groww Fyers
Commodity Futures N/A 0.01% on the sell value
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on sell value
Equity Options 0.05% only on sell 0.05% on sell value (Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.10%
Equity Futures 0.01% only on sell 0.01% on sell value
Commodity Options N/A 0.05% on the sell value
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Demat transaction charges

Groww Fyers
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹7 + ₹5.5 (CDSL Charges)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - GST

Groww Fyers
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - SEBI Charges

Groww Fyers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Account Opening & AMC Charges

Groww
Fyers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)

Groww Vs Fyers

Groww Fyers
 

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
+ " Vs "+ Fyers

FYERS Review 2024 | Brokerage Charges, Account Opening

FYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t ..
 
 

Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Groww Vs Fyers - Brokerage charges & Plans

Groww Fyers
Commodity Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Currency Futures N/A ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 0.05% (whichever is lower) ₹0
Equity Options ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order
Commodity Options N/A ₹20/ Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options N/A ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)r
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Margin (Exposure)

Groww Fyers
Equity Options 1x 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x 5x (Up to 20% of trade value)
Currency Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Options N/A 1x (100% of NRML margin (Span + Exposure)
Commodity Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures N/A 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Other Charges

Groww Fyers
RMS Square Off Charge ₹50/ Order (₹50 + GST)
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/ Order or 0.05% ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back Open Account

Groww Vs Fyers - STT/CTT

Groww Fyers
Commodity Futures N/A 0.01% on the sell value
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on sell value
Equity Options 0.05% only on sell 0.05% on sell value (Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.10%
Equity Futures 0.01% only on sell 0.01% on sell value
Commodity Options N/A 0.05% on the sell value
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Demat transaction charges

Groww Fyers
Equity Demat Transaction Charges ₹13.5 Gst per scrip per day only on sell ₹7 + ₹5.5 (CDSL Charges)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - GST

Groww Fyers
Equity/Currencies/Commodities ( Delivery & FNO) 18% ( Brokerage + Transaction charges) 18% on (Brokerage + Transaction charges)
Call Back Open Account Call Back Open Account

Groww Vs Fyers - SEBI Charges

Groww Fyers
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore
Call Back Open Account Call Back Open Account

Groww Vs Fyers - Features

Groww Fyers
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM Equity Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM
Trading Platform Groww Web (Browser based trading website) , Groww Mobile Application 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based platform).
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account Call Back Open Account

Groww

Fyers