5paisa Vs Groww (Compare 5paisa and Groww)

5paisa Vs Groww

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 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
Supported Exchnages	NSE, BSE	NSE and BSE
Account Type	Optimum	Standard Plan
Year of Incorporation	1996	2016
Number of Branches	900	0
Broker Enquiry

5paisa Vs Groww Charges & AMC

5paisa trading account opening charges is Rs 0 while Groww account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 540 (charged as Rs 45 per traded month) and Groww Demat Account AMC Charges is Rs 0.

	5paisa	Groww
Trading Account Opening Charges	Rs 0	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 540 (charged as Rs 45 per traded month)	Rs 0

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.

	5paisa	Groww
Account Type	Optimum	Standard Plan
Fixed Charges	NA	NA
Equity Delivery Brokerage	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 20 per executed order	NA
Equity Options Brokerage	Rs 20 per executed order	NA
Currency Futures Trading Brokerage	Rs 20 per executed order	NA
Currency Options Trading Brokerage	Rs 20 per executed order	NA
Commodity Futures Trading Brokerage	Rs 20 per executed order	NA
Commodity Options Trading Brokerage	Rs 20 per executed order	NA
Special Offer	Special Offer:

5paisa Vs Groww Brokerage Plan 2

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

5paisa Vs Groww Brokerage Plan 3

	5paisa	Groww
Account Type	Titanium	Standard Plan
Fixed Charges	Rs 1000 per month	NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 10 per executed order	NA
Equity Options Brokerage	Rs 2 per executed lot	NA
Currency Futures Trading Brokerage	Rs 10 per executed order	NA
Currency Options Trading Brokerage	Rs 10 per executed order	NA
Commodity Futures Trading Brokerage	Rs 10 per executed order	NA
Commodity Options Trading Brokerage	Rs 10 per executed order	NA

5paisa Charges Vs Groww

Minimum Brokerage Charges	Rs 20 per trade	Rs 20 or 0.05% per executed order
Other Brokerage Charges	Direct MF Investment: Rs 20 per order	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

5paisa Vs Groww Transaction Charges

5paisa transaction charges for options is Rs 5100 per crore (0.051%) (on premium) while Groww exchange transaction charges for options is NA.

	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 210 per crore (0.0021%)	NA
Equity Options	Rs 5100 per crore (0.051%) (on premium)	NA
Currency Futures	Rs 210 per crore (0.0021%)	NA
Currency Options	Rs 5100 per crore (0.051%) (on premium)	NA
Commodity		NA

5paisa Vs Groww Leverage (Margin)

5paisa provides the margin of Up to 20x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

	5paisa	Groww
Equity Delivery	Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)	1x (no margin)
Equity Intraday	Up to 20x	Up to 8x (based on the stock)
Equity Futures	Intra-day: 3.5x | Carry forward: 1x (no margin)	NA
Equity Options	Intra-day: 1x | Carry forward: 1x	NA
Currency Futures	Intra-day: 1 time | Carry forward: 1x	NA
Currency Options	Intra-day: 1x | Carry forward: 1x	NA
Commodity Futures		NA
Commodity Options		NA

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
Other Features
Referral Program

5paisa Vs Groww Review

5paisa is rated 2.6 of 5 based on 74 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

	5paisa	Groww
	74 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 74 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

5paisa Vs Groww Investment Options

	5paisa	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance	Digital Gold, US Stocks, Fixed Deposits

5paisa Vs Groww Order Type Offered

	5paisa	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

5paisa Vs Groww Research Report

	5paisa	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs Groww Suitable For Investor Type

	5paisa	Groww
Casual Investor
Active Investor
Trader

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. Up to 4 times exposure in Equity Delivery Trading. Up to 20 times exposure in Equity Intraday Trading. 3.5 times exposure in Derivatives Intraday Trading.
Cons	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. Higher demat debit charges (Rs 25 per transaction) NRI Trading and Demat Account is not available. Doesn't offer commodity trading.
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