Fyers vs Groww
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick Groww leads on safety — winning 2 of 2
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
75
✓34
Verdict
Severe
Guarded
Regulatedⓘ
No
Yes
Licenses
0
✓1
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
1.9
Reviews collected
—
45
Exit riskⓘ lower = safer
—
Elevated
Known clonesⓘ
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
—
Max leverage
—
—
Min spread (best acct)
—
—
Commission
—
—
Cost grade
—
—
Account types
0
0
Best for
Suits
Cost-conscious Indian traders looking for low brokerage fees, Active day traders and speculators in equity and F&O segments, Traders comfortable with unregulated platforms and high leverage
Indian long-term mutual fund investors, Beginners in equity investing willing to accept service shortcomings
Not for
Traders requiring regulated brokers with formal investor protection, International clients outside India (only Indian residents/NRIs), Risk-averse investors who prioritise regulatory oversight
Active traders and scalpers, Those needing reliable withdrawals and responsive support, Anyone concerned about trade manipulation risks
Products & Funding
Instruments
—
—
Deposit methods
—
—
Withdrawal
—
—
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2021-03-08
2022-03-24
Headquarters
India
India
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.