Groww₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5)
- Options brokerage
- ₹20 per order
- Account opening
- ₹0
- Demat AMC
- ₹0
Broker comparison
Groww vs.
FYERS
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on Thu, 5 Nov, 2026
See comparisonGroww
FYERSVS
Summary
Your goal decides
Both charge ₹20 per options order, and statutory charges such as STT are the same at both, so the choice comes down to delivery charges, AMC, platform and tools. Groww: India's largest broker by active clients; a simple app built for first-time investors. FYERS: Discount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
GrowwIndia's largest broker by active clients; a simple app built for first-time investors.
FYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
At a glance
The key differences
| Criterion | Groww | FYERS |
|---|---|---|
| Platforms | Groww App, Groww Web | FYERS app and web, TradingView on FYERS, FYERS API |
| Product types | Indian Stocks, Mutual Funds, F&O, Digital Gold, Fixed Deposits | Indian Stocks, F&O, Commodities |
| Options trading | Yes: NSE and BSE index and stock options | Yes: NSE and BSE index and stock options |
| Fee model | ₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5) | ₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹0 | ₹0 |
| Regulation | SEBI INZ000301838 | SEBI INZ000008524 |
| More information | Details | Details |
Platforms
Groww
Groww App, Groww Web
FYERS
FYERS app and web, TradingView on FYERS, FYERS API
Product types
Groww
Indian Stocks, Mutual Funds, F&O, Digital Gold, Fixed Deposits
FYERS
Indian Stocks, F&O, Commodities
Options trading
Groww
Yes: NSE and BSE index and stock options
FYERS
Yes: NSE and BSE index and stock options
Fee model
Groww
₹20 per order on options · delivery ₹20 or 0.1%, whichever is lower (min ₹5)
FYERS
₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower
Account opening
Groww
₹0
FYERS
₹0
Demat AMC
Groww
₹0
FYERS
₹0
Regulation
Groww
SEBI INZ000301838
FYERS
SEBI INZ000008524
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
GrowwFYERS₹20 per executed order on options · delivery ₹20 or 0.3%, whichever is lower
- Options brokerage
- ₹20 per executed order
- Account opening
- ₹0
- Demat AMC
- ₹0
The relevant costs depend on market, currency, order size and trading style.
Real costs
What 20 options trades a month cost
Groww
- Brokerage per order
- ₹20
- All charges, 20 round trips
- ₹1,252
- Per year
- ₹15,027
FYERS
- Brokerage per order
- ₹20
- All charges, 20 round trips
- ₹1,252
- Per year
- ₹15,027
Illustrative: one Nifty lot (65) bought and sold at ₹100, 20 times a month, including STT, exchange charges, SEBI fee, stamp duty and GST. Use your own numbers.
Execution quality
Order type, venue and liquidity affect execution.
GrowwCheck the provider’s execution policy and available order types for your account.
Provider informationFYERSCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
GrowwIndian StocksMutual FundsF&ODigital GoldFixed Deposits
FYERSIndian StocksF&OCommodities
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
GrowwGroww App · Groww Web
Customisable option chain with orders placed directly from the chain, and a Greeks view. Basket mode on the option chain for building multi-leg positions such as spreads, straddles and hedges. Stop-loss, GTT and target orders for managing exits. Required margin is shown at the bottom of the order window before an order is placed. Groww Trade API with order placement, GTT/OCO orders and margin calls; live data and option chain APIs sit on a paid plan of ₹499 a month plus GST (or ₹4,999 a year).
Explore platformFYERSFYERS app and web, TradingView on FYERS, FYERS API
Discount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
GrowwIndia's largest broker by active clients; a simple app built for first-time investors.
- No account or AMC charges
- Very simple app
- Payoff view on the option chain
- Delivery trades are not free
- Fewer advanced tools for option sellers
FYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
- No AMC on the trading and demat account
- Strategy builder and option chain on its own platform
- Delivery trades are not free
- An optional paid Prime membership changes the per-order rate
Your questions
Frequently asked questions
Is Groww or FYERS cheaper for options trading?
Both charge ₹20 per options order. STT and other statutory charges are the same at every broker; differences are in delivery charges, AMC and tools.
Are Groww and FYERS regulated?
Both are SEBI-registered stock brokers and members of NSE and BSE.
Can I have accounts with both Groww and FYERS?
Yes. You can hold demat and trading accounts with more than one broker; each charges its own AMC.
Does the broker change STT or exchange charges?
No. STT (0.15% of premium on the sell side), exchange charges, the SEBI fee and stamp duty are the same at every broker. Only brokerage and account charges differ.
Your next step
Your next step
GrowwIndia's largest broker by active clients; a simple app built for first-time investors.
Open accountRead reviewFYERSDiscount broker with flat ₹20 options pricing, TradingView charts and its own options tools.
Open account