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5paisa Vs Groww (Compare 5paisa and Groww)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

5paisa Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs
Nextbillion Technology pvt ltd Logo

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs
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5paisa Vs Groww

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  5paisa Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE NSE and BSE
Year of Incorporation 1996 2016
Number of Branches 1 0
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5paisa Vs Groww Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.

  5paisa Groww
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 0
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5paisa Vs Groww Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type 5paisa Standard Plan Groww Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 20 per executed order Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order NA
Currency Options Rs 20 per executed order NA
Commodity Futures Rs 20 per executed order NA
Commodity Options Rs 20 per executed order NA
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

5paisa Vs Groww Brokerage Plan 2

  5paisa Groww
Account Type Power Investor Pack Standard Plan
Fixed Charges Rs 499 per month NA
Equity Delivery Rs 10 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 10 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order
Equity Options Rs 2 per lot Rs 20 per executed order
Currency Futures Rs 10 per executed order NA
Currency Options Rs 10 per executed order NA
Commodity Futures Rs 10 per executed order NA
Commodity Options Rs 10 per executed order NA
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5paisa Vs Groww Brokerage Plan 3

  5paisa Groww
Account Type Ultra Trader Pack Standard Plan
Fixed Charges Rs 999 per month NA
Equity Delivery Rs 0 (Free) Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 10 per executed order Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order
Equity Options Rs 2 per executed lot Rs 20 per executed order
Currency Futures Rs 10 per executed order NA
Currency Options Rs 10 per executed order NA
Commodity Futures Rs 10 per executed order NA
Commodity Options Rs 10 per executed order NA
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5paisa Charges Vs Groww

Minimum Brokerage Rs 20 per trade Rs 20 or 0.05% per executed order
Other Charges Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 100 per call (any number of trades in a call) NA
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5paisa Vs Groww Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Groww exchange transaction charges for options is NSE: 0.053% on premium.

  5paisa Groww
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 190 per crore (0.0019%) NSE: 002%
Equity Options Rs 5000 per crore (0.05%) (on premium) NSE: 0.053% on premium
Currency Futures Rs 190 per crore (0.0019%) NA
Currency Options Rs 5000 per crore (0.05%) (on premium) NA
Commodity Grp A: 0.0026% NA
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5paisa Vs Groww Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa Groww
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare 5paisa and Groww Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Groww offers Groww trading software.

  5paisa Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) Groww
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM 3:10 PM
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features
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5paisa Vs Groww Review

5paisa is rated 2.6 of 5 based on 93 customer reviews whereas Groww is rated 4.0 of 5 based on 71 customer reviews.

  5paisa Groww
  93 Customer Reviews    Rate 5paisa 71 Customer Reviews    Rate Groww
Fees 2.9 4.3
Brokerage 3.5 4.0
Trading Platform 2.7 4.0
Customer Service 2.1 3.7
Research Capabilities 2.4 3.2
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 93 customer reviews Groww is rated 4.0 of 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Groww Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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5paisa Vs Groww Investment Options

  5paisa Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance Digital Gold, US Stocks, Fixed Deposits
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5paisa Vs Groww Order Type Offered

  5paisa Groww
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No
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5paisa Vs Groww Research Report

  5paisa Groww
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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5paisa Vs Groww Suitable For Investor Type

  5paisa Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
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5paisa Vs Groww - Pros and Cons

  5paisa Groww
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • Doesn't offer trading in SME shares.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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