Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.
Multi-chart TradingView workstation with free API and 30-Day Brokerage Refund Challenge
India's #1 stock broker by active client count with an ultra-intuitive mobile UI
| Feature / Metric | Fyers | Groww |
|---|---|---|
| Category | discount | discount |
| Active NSE Clients | 4+ Lakhs (Rank #9) | 1.2+ Crore (Rank #1) |
| Account Opening Fee | ₹0 (Free Digital Demat) | ₹0 (Free 100% Digital KYC) |
| Annual Maintenance Charges (AMC) | ₹0 (Lifetime Free Demat AMC) | ₹0 (Lifetime Zero AMC) |
| Equity Delivery Brokerage | ₹0 (Free Lifetime) | ₹20 or 0.05% (whichever is lower) per order |
| Equity Intraday Brokerage | ₹20 or 0.03% (whichever is lower) per order | ₹20 or 0.05% (whichever is lower) per order |
| Equity Options Brokerage | ₹20 flat per executed order | ₹20 flat per executed order |
| CDSL DP Charges (Per Sell Debit) | ₹12.50 + GST per debit transaction | ₹13.50 + GST per company debit per day |
| Margin Trading (MTF) Interest Rate | 12% p.a. | 12% p.a. (Groww Pay Later / MTF) |
| Developer / Algorithmic API | Free (Fyers API v3 with Python SDK) | Not Publicly Available |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.02% | 0.03% |
Technical analysis chartists, multi-timeframe traders, and algo developers.
Beginners, first-time investors, SIP mutual fund accumulators, and casual equity buyers.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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