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5paisa Vs Finvasia Share Broker Comparison

The side-by-side comparison of 5paisa Capital Ltd and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Finvasia's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and Finvasia.

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
 
5paisa Capital Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker 5paisa is a Mumbai based India's 2nd largest discount broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016. India... Know more about 5paisa Capital Ltd Finvasia is India based technology–driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage NSE, BSE BSE, NSE, MCX
Account Type Standard Account Standard
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Trading Account Opening Fees ₹650 ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Demat Account Opening Fees ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹400 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Account Type Standard Account Standard
Fixed Charges NA
Equity Delivery Brokerage ₹10 per trade ₹0
Equity Intraday Brokerage ₹10 per trade ₹0
Equity Futures Brokerage ₹10 per trade ₹0
Equity Options Brokerage ₹10 per trade ₹0
Currency Futures Trading Brokerage ₹10 per trade ₹0
Currency Options Trading Brokerage ₹10 per trade ₹0
Commodity Futures Trading Brokerage ₹10 per trade ₹0
Commodity Options Trading Brokerage ₹10 per trade

Other Charges

Minimum Brokerage Charges ₹10 per trade ₹0
Other Brokerage Charges None
Call & Trade Charges ₹100 per call (any number of trades in a call) ₹0
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Taxes

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Equity Delivery ₹325 per crore (0.00325%) ₹325/crore
Equity Intraday ₹325 per crore (0.00325%) ₹325/crore
Equity Futures ₹210 per crore (0.0021%) ₹190/crore
Equity Options ₹5100 per crore (on premium) (0.051%) ₹5000/crore of premium
Currency Futures ₹210 per crore (0.0021%) ₹115/crore
Currency Options ₹5100 per crore (on premium)(0.051%) ₹4000/crore of premium
Commodity NA ₹260/crore
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Exposure

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Equity Delivery Up to 3.5 times 1x
Equity Intraday Up to 20 times up to 10x
Equity Futures Intra-day 3 times | Delivery: 1 time 2x
Equity Options Intra-day 1 time | Delivery: 1 time 1x
Currency Futures Intra-day 1 time | Delivery: 1 time 1x
Currency Options Intra-day 1 time | Delivery: 1 time 1x
Commodity upto 2x 2x
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Share Broker Features

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform 5paisa Trade Station Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:10 PM 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
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Broker Ratings (Average User Rating)

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
  43 Customer Reviews    Rate 5paisa 9 Customer Reviews    Rate Finvasia
Fees Ratings 3.2 4.4
Trading Brokerage Rating 3.9 4.8
Trading Platform Usability 2.9 3.0
Customer Service Ratings 2.3 4.7
Overall Ratings Rated 2.9 stars Rated 4.7 stars
Broker Rating 5paisa is Rated 2.9 / 5 based on 43 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Investment Options Available

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance, Mutual Funds
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Customer Service Offered

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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Order Type

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Suitable for Investor Category

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  5paisa Capital Ltd Finvasia Securities Pvt Ltd
Pros
  • Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
  • Flat fee brokerage. No more worries about size of the trade.
  • Free trading software's including mobile app and trading terminal.
  • 20 times exposure in Equity Intraday Trading.
  • 3 times exposure in Derivatives Intraday Trading.

More Advantages...

  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.

More Advantages...

Cons
  • Call & Trade is charged at ₹100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • Higher demat debit charges (₹25 per transaction)
  • NRI Trading and Demat Account is not available.

More Disadvantages...

  • Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding. The company is planning to launch this service in future.
  • Leverage offered is on the lower side in comparison with other discount brokers.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.

More Disadvantages...

Reviews
Promo / Offers

Limited Time Offer - Free Account Opening (₹650 waived) until May 31st 2019

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹10 per order.

Get this limited time offer
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