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Groww vs FYERS

Groww and FYERS both land on Depends.

Groww

groww.in

Depends
Confidence: Medium

A solid pick for first-time Indian investors wanting simple stock and direct mutual fund investing in one app.

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FYERS

fyers.in

Depends
Confidence: Medium

Good fit for active Indian traders doing F&O, algo, or API-based trading who want flat ₹15 orders and deep charting tools.

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Groww versus FYERS
CompareGrowwFYERS
VerdictDependsDepends
Best forFirst-time Indian investorsActive F&O traders
Who it's not forActive F&O traders needing advanced toolsPassive buy-and-hold investors
PrivacyOne public CVE (Android app auth bypass); company runs a bug bounty, employs a CISO, and publishes security practices.⁶Bug bounty program in place; SEBI fined FYERS ₹4 lakh (2025) for peak-load and disaster-recovery norm violations.15
Support quality'Very bad experience' and 'most poor service' reviewsSupport-access complaints documented publicly
Public sentimentUsers praise Groww's simplicity but frequently complain about hidden charges and poor customer support.¹Traders on Reddit and TradingView generally rate Fyers highly for options and algo trading, while some report difficulty reaching support.16
Biggest gotchaMultiple Reddit threads allege total costs land higher than marketing implies; verify each trade's breakdown.³SEBI fined the broker ₹4 lakh (Feb 2025) over peak-load and disaster-recovery norms . a reliability signal.15

Pick Groww when

  • First-time Indian investors
  • Direct mutual fund SIPs
  • Mobile-first casual traders
  • One-app stocks + MF portfolio

When Groww is not a fit

  • Active F&O traders needing advanced tools
  • Anyone needing fast, reliable support
  • Cost-sensitive traders wary of hidden charges
  • Users wanting deep charting and pro order types

Pick FYERS when

  • Active F&O traders
  • Algo/API traders
  • Cost-conscious Indian traders
  • Heavy charting users

When FYERS is not a fit

  • Passive buy-and-hold investors
  • Traders needing premium phone support
  • Traders outside NSE/BSE/MCX markets
  • Users wanting the biggest, most battle-tested platform

Sources

  1. Groww Trustpilot reviewstrustpilot.com
    review
  2. Groww hidden fees threadreddit.com
    review
  3. Groww's Pricing Scam - hidden brokerage feesreddit.com
    review
  4. Switching from Groww to Zerodhareddit.com
    review
  5. I feel so bad (Groww app)reddit.com
    review
  6. CVE-2026-12065: Groww App Auth Bypass Vulnerabilitysentinelone.com
    security
  7. Groww Bug Bounty Programbugbase.ai
    security
  8. Groww Brokerage Charges & Pricinggroww.in
    official
  9. Why is my brokerage more than 20 rupees?groww.in
    official
  10. Groww raises $251M Series Egroww.in
    news
  11. Groww careers (1.3Cr+ investors)groww.in
    official
  12. FYERS official sitefyers.in
    official
  13. FYERS investments (zero-commission mutual funds)fyers.in
    official
  14. FYERS bug bounty programfyers.in
    security
  15. SEBI fines FYERS ₹4 lakh . Moneycontrolmoneycontrol.com
    news
  16. Fyers reviews . TradingViewtradingview.com
    review