Groww vs FYERS

Groww and FYERS both land on Depends.

Groww

Depends

Confidence: Medium

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

Depends

Confidence: Medium

A strong fit for active Indian traders who want flat cheap brokerage, advanced charts, and algo APIs.

Groww versus FYERS
Compare	Groww	FYERS
Verdict	Depends	Depends
Best for	First-time Indian investors	Active F&O traders
Who it's not for	Active F&O traders needing advanced tools	Buy-and-hold investors trading twice a year
Privacy	One public CVE (Android app auth bypass); company runs a bug bounty, employs a CISO, and publishes security practices.^⁶	Active bug bounty with paid rewards; SEBI fined FYERS ₹4 lakh (2025) for peak-load/DR violations; no public breach found in sources reviewed.¹⁵
Support quality	'Very bad experience' and 'most poor service' reviews	No reliable support evidence found
Public sentiment	Users praise Groww's simplicity but frequently complain about hidden charges and poor customer support.^¹	Traders on Reddit and review sites generally praise FYERS' low costs and trading tools, with mixed opinions versus Zerodha and Dhan.¹⁶
Biggest gotcha	Multiple Reddit threads allege total costs land higher than marketing implies; verify each trade's breakdown.^³	Cheaper rates require paid FYERS Prime subscription; standard plan is ₹20/order¹³