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The brokerage of Fyers ranges between Rs 20, the brokerage of Groww ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Fyers is 4, Groww is rated 4, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of Fyers vs Groww vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Fyers vs Groww vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Fyers vs Groww vs Paytm Money in this setion with 360 degree view of broker information.
 Fyers |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX | NSE, BSE | NSE, BSE |
| Broker Overview | Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...  |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
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In this section we have compared Fyers vs Groww vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Fyers charges Free as AMC for Demat account, Groww charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | Fyers | Groww | Paytm Money |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Free | Free | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Fyers vs Groww vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Fyers | Groww | Paytm Money |
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| Fyers | Zerodha | Paytm Money | |
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| Account Opening Request |
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | Fyers | Groww | Paytm Money |
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| Plan Name | Max Rs 20 Per Order Trading Plan | Flat Brokerage Plan | Flat Brokerage Plan |
| Equity Delivery | Free | 0.05% or Rs 20 whichever is lower | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or Rs 20 whichever is lower | Flat Fee Rs 20 | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | 0.03% or Rs 20 whichever is lower | Not Available | NA |
| Currency Options | Flat Fee Rs 20 | Not Available | NA |
| Commodity Trading | Flat Fee Rs 20 | Not Available | NA |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Info Not Available | NA |
| Call & Trade Charges | Rs 50 Per Order | Rs 50 Per Executable Order | Rs 100/order +GST |
| Auto Square off Charges | Rs 50 Per Order | Rs 50 Per Executable Order | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Fyers | Brokerage Calculator for Groww | Brokerage Calculator for Paytm Money |
Compare Fyers vs Groww vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Fyers | Groww | Paytm Money |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | NA | NA | NA |
| Brokerage Charges | Complete Brokerage Plans for fyers | Complete Brokerage Plans for groww | Complete Brokerage Plans for paytm-money |
Compare Fyers vs Groww vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Groww offers margin funding where Fyers and Paytm Money doesn't offers margin funding. NRI Trading - All 3 brokers doesn't offer NRI Trading facility.
| Account Features Compare | Fyers | Groww | Paytm Money |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10 PM | 3:10 PM |
| NRI Trading | |
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| Other Features | Fyers 30 Day Challenge | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Fyers vs Groww vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Fyers | Groww | Paytm Money | ||
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11 Customer Reviews
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8 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Fyers is Rated 3.2 / 5 based on 11 customer reviews | Groww is Rated 4.3 / 5 based on 8 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Fyers vs Groww vs Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers Commodity Trading where Groww and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.
| Investment Offerings Compare | Fyers | Groww | Paytm Money |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Fyers vs Groww vs Paytm Money on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers and Paytm Money provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Fyers and Paytm Money provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Fyers and Paytm Money AMO facility where Groww doesn't provides AMO. GTC Orders - Fyers and Paytm Money offers Good Till Cancelled (GTC) orders facility where Groww doesn't provides GTC.
| Order Type Compare | Fyers | Groww | Paytm Money |
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Compare Fyers vs Groww vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | Fyers | Groww | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | 08060001111 | 9108800604 | NA |
| Account Opening Process | 100% online and paperless proc | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://fyers.in/school-of-stocks/ | https://groww.in/academy | https://www.paytmmoney.com/care |
| Head Office Address | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://fyers.in/ | https://groww.in/ | https://www.paytmmoney.com/ |
Compare Fyers vs Groww vs Paytm Money on research reports and tips provided by broker.
| Fyers | Groww | Paytm Money | |
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| Research Mutual Funds | |
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Compare Fyers vs Groww vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Fyers | Groww | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 432-2019 | No | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | Free | Zero | Zero |
| Advance Deposit | Nil | Nil | Nil |
| Statutory charges | Nil | Legal Charges | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹8 + ₹5.50 CDSL charges | ₹10 per ISIN |
| Demat | ₹0 | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Remat | ₹0 | ₹150 per certificate + courier charges | ₹250 per 100 shares |
| Pledge Creation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Creation Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Closure | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Pledge Closure Confirmation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | Nil |
| Pledge Invocation | Nil | ₹20 + Rs. 12 per request (CDSL Charges) | ₹32 per ISIN |
| Failed Instruction Charges | Nil | ₹50 | Nil |
| Other Charges | Stamp Charges ₹50, | Nil | Nil |
Compare Fyers vs Groww vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Fyers | Groww | Paytm Money | |
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| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. Pay-out/Fund Withdrawal - Bank Transfer only |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Up to 24 Hrs except for Bank Holidays. | Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges | 24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Paytm Money allows 190+ Banks. |
| Bank Detail | Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
Info Not Available | NA |
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| Enquire for Fyers | Enquire for Groww | Enquire for Paytm Money |
Last Updated on 2024-05-31T01:26:09+00:00
