5paisa Vs Groww (Compare 5paisa and Groww)


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


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

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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
Exchnage Membership NSE, BSE NSE and BSE
Year of Incorporation 1996 2016
Number of Branches 900 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. 5paisa Demat Account AMC Charges is Rs 540 and Groww Demat Account AMC Charges is Rs 0.

  5paisa Groww
Trading Account Opening Charges Rs 0 (Free) 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 Rs 0
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5paisa Vs Groww Brokerage Charges & Plans

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 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 NA
Equity Options Rs 20 per executed order NA
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) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa Vs Groww Brokerage Plan 2

  5paisa Groww
Account Type Platinum 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 NA
Equity Options Rs 2 per lot NA
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

5paisa Vs Groww Brokerage Plan 3

  5paisa Groww
Account Type Titanium Standard Plan
Fixed Charges Rs 1000 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 NA
Equity Options Rs 2 per executed lot NA
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

5paisa Charges Vs Groww

Minimum Brokerage Rs 20 per trade Rs 20 or 0.05% per executed order
Other 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
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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
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5paisa Vs Groww Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  5paisa Groww
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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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
Other Features
Referral Program
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5paisa Vs Groww Review

5paisa is rated 2.6 of 5 based on 82 customer reviews whereas Groww is rated 3.7 of 5 based on 25 customer reviews.

  5paisa Groww
  82 Customer Reviews    Rate 5paisa 25 Customer Reviews    Rate Groww
Fees 3.0 4.2
Brokerage 3.7 3.9
Trading Platform 2.7 3.7
Customer Service 2.1 3.4
Research Capabilities 2.2 2.6
Overall Ratings Rated 2.6 stars Rated 3.7 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 82 customer reviews Groww is rated 3.7 of 5 based on 25 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Groww Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Leave your contact information and we will get in touch with you....
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5paisa Vs Groww Investment Options

  5paisa Groww
Stock / Equity Yes Yes
Commodity No 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) No 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.
  • 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.
  • 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
  • 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.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • 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.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.

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