Groww vs Fyers Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Groww vs Fyers Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Groww and Fyers Securities.

Background

Year of Incorporation 2017 2015
Website https://groww.in/ https://fyers.in/
Phone +91 9108800604 080 - 46251111
Exchanges enabled NSE, BSE, MCX & NCDEX NSE, BSE
Demat (NSDL/CDSL) NSDL NSDL- Partnership with ILFS
Brokerage

Equity Rs 20 or 0.05% per order Rs 20 or 0.03% per executed order
Equity Futures Rs 20 per executed order Rs 20 or 0.03% per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Not Available Not Available
Currency Options Not Available Not Available
Commodity Not Available Not Available
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Rs. 0 Rs 0
Commodity Rs. 0 Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325%
Futures 0.0035% 0.00325%
Options 0.07% 0.059%
Commodities 0.004% Not Available
AMC charge Rs 0 Rs 0
DP Transaction Charge Rs.13.5 per Scrip Rs 12.5
Offline order placing Charge Rs 25 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days 30 days
End of Day 10 days 3 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday 10x for Intraday
Equity Futures Upto 2x for intraday 1x for Intraday
Equity Options No leverage 1x for Intraday
Currency Futures Upto 2x for intraday Not Available
Currency Options No leverage Not Available
Commodity Upto 2x for intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 70.6 crores Rs 69.96 Crores
Profit after Tax FY12/13 Rs 78.48 crores Rs 67.66 Crores
Profit after Tax FY13/14 Rs 83.78 Crore Rs 81.10 Crores
Profit after Tax FY 14/15 Rs 95.92 Crore Rs 85.14 Crores
Profit after Tax FY 15/16 Rs 102.85 Crore Rs 88.10 Crores
Profit after Tax FY 16/17 Rs 110.14 Crore Rs 93.07 Crores
Profit after Tax FY 17/18 Rs 126.09 Crore Rs 117.25 Crores
Profit after Tax FY 18/19 Rs 145.68 Crore Rs 150.90 Crores
Profit after Tax FY 19/20 Rs 150.61 Crore Rs 168.07 Crores
Profit after Tax FY 20/21 Rs 151.70 Crore Rs 181.00 Crores
Profit after Tax FY 21/22 Rs 244.93 Crore Rs 209.41 Crores
Profit after Tax FY 22/23 Rs 265.65 Crore Rs 240.05 Crores
Debt FY11/12 Rs 51 Crores Rs 44.07 Crores
Debt FY12/13 Rs 41.5 Crores Rs 56.54 Crores
Debt FY13/14 Rs 42.93 Crores Rs 74.13 Crores
Debt FY14/15 Rs 49.48 Crores Rs 80.25 Crores
Debt FY15/16 Rs 41.73 Crores Rs 99.03 Crores
Debt FY16/17 Rs 54.26 Crores Rs 140.14 Crores
Debt FY17/18 Rs 69.77 Crores Rs 147.26 Crores
Debt FY18/19 Rs 57.16 Crores Rs 152.85 Crores
Debt FY19/20 Rs 51.39 Crores Rs 160.05 Crores
Debt FY20/21 Rs 57.47 Crores Rs 180.76 Crores
Debt FY21/22 Rs 77.59 Crores Rs 193.25 Crores
Debt FY22/23 Rs 80.11 Crores Rs 221.34 Crores
Profit to Equity(%) FY11/12 12.90% 19.94%
Profit to Equity(%) FY12/13 12.38% 12.64%
Profit to Equity(%) FY13/14 14.86% 16.81%
Profit to Equity(%) FY14/15 17.05% 14.28%
Profit to Equity(%) FY15/16 14.29% 25.66%
Profit to Equity(%) FY16/17 19.11% 19.07%
Profit to Equity(%) FY17/18 21.51% 19.14%
Profit to Equity(%) FY18/19 18.17% 20.91%
Profit to Equity(%) FY19/20 14.49% 29.50%
Profit to Equity(%) FY20/21 18.46% 30.98%
Profit to Equity(%) FY21/22 14.70% 30.64%
Profit to Equity(%) FY22/23 20.75% 22.10%
Balance Sheet Size FY11/12 Rs 2264 Crores Rs 529.97 Crores
Balance Sheet Size FY12/13 Rs 2596.15 Crores Rs 625.93 Crores
Balance Sheet Size FY13/14 Rs 2803.40 Crores Rs 687.42 Crores
Balance Sheet Size FY14/15 Rs 2936.36 Crores Rs 733.53 Crores
Balance Sheet Size FY15/16 Rs 3133.57 Crores Rs 892.33 Crores
Balance Sheet Size FY16/17 Rs 3544.52 Crores Rs 936.51 Crores
Balance Sheet Size FY17/18 Rs 3952.01 Crores Rs 1055.90 Crores
Balance Sheet Size FY18/19 Rs 4280.32 Crores Rs 1135.48 Crores
Balance Sheet Size FY19/20 Rs 4476 Crores Rs 1240.20 Crores
Balance Sheet Size FY20/21 Rs 4627 Crores Rs 1233.51 Crores
Balance Sheet Size FY21/22 Rs 5184.35 Crores Rs 1270.30 Crores
Balance Sheet Size FY22/23 Rs 5994.78 Crores Rs 1334.81 Crores

Comparison Link:

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Frequently Asked Questions

Is Groww better than Fyers Securities ?

Groww and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Fyers Securities better than Groww ?

Groww and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww cheaper than Fyers Securities ?

Groww and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Fyers Securities cheaper than Groww ?

Groww and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Groww vs. Fyers Securities ?

To find out the better of the two stockbrokers Groww and Fyers Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.