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5paisa Vs Karvy Share Broker Comparison

The side-by-side comparison of 5paisa Capital Ltd and Karvy Stock Broking Ltd stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Karvy'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 Karvy.

  5paisa Capital Ltd Karvy Stock Broking Ltd
 
5paisa Capital Ltd Logo Karvy Stock Broking 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 Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage NSE, BSE BSE, NSE, MCX
Account Type Standard Account Retail Brokerage Plan
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 Karvy. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  5paisa Capital Ltd Karvy Stock Broking Ltd
Trading Account Opening Fees ₹650 ₹420
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹400 ₹420
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  5paisa Capital Ltd Karvy Stock Broking Ltd
Account Type Standard Account Retail Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹10 per trade 0.3%
Equity Intraday Brokerage ₹10 per trade 0.03%
Equity Futures Brokerage ₹10 per trade 0.03%
Equity Options Brokerage ₹10 per trade ₹30 per lot
Currency Futures Trading Brokerage ₹10 per trade 0.03%
Currency Options Trading Brokerage ₹10 per trade ₹30 per lot
Commodity Futures Trading Brokerage ₹10 per trade 0.03%
Commodity Options Trading Brokerage ₹10 per trade

Brokerage Plan 2

  5paisa Capital Ltd Karvy Stock Broking Ltd
Account Type Standard Account Premium Subscription Plan
Fixed Charges NA Rs 100000 per year
Equity Delivery Brokerage ₹10 per trade 0.1%
Equity Intraday Brokerage ₹10 per trade 0.01%
Equity Futures Brokerage ₹10 per trade 0.01%
Equity Options Brokerage ₹10 per trade ₹10 per lot
Currency Futures Trading Brokerage ₹10 per trade 0.01%
Currency Options Trading Brokerage ₹10 per trade ₹10 per lot
Commodity Futures Trading Brokerage ₹10 per trade 0.01%
Commodity Options Trading Brokerage ₹10 per trade

Other Charges

Minimum Brokerage Charges ₹10 per trade Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges ₹100 per call (any number of trades in a call)
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Taxes

  5paisa Capital Ltd Karvy Stock Broking 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 Karvy Stock Broking Ltd
Equity Delivery ₹325 per crore (0.00325%) ₹325
Equity Intraday ₹325 per crore (0.00325%) ₹325
Equity Futures ₹210 per crore (0.0021%) ₹230
Equity Options ₹5100 per crore (on premium) (0.051%) ₹5500
Currency Futures ₹210 per crore (0.0021%) ₹325
Currency Options ₹5100 per crore (on premium)(0.051%)
Commodity NA ₹300
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Exposure

  5paisa Capital Ltd Karvy Stock Broking Ltd
Equity Delivery Up to 3.5 times Upto 5x with 24% interest per year
Equity Intraday Up to 20 times Upto 20x
Equity Futures Intra-day 3 times | Delivery: 1 time Upto 4x
Equity Options Intra-day 1 time | Delivery: 1 time Upto 4x for shorting
Currency Futures Intra-day 1 time | Delivery: 1 time Nil
Currency Options Intra-day 1 time | Delivery: 1 time Nil
Commodity upto 2x Upto 4x
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Share Broker Features

  5paisa Capital Ltd Karvy Stock Broking Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform 5paisa Trade Station NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:10 PM 3:15
Other Features Ask the expert, The Finapolis
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Broker Ratings (Average User Rating)

  5paisa Capital Ltd Karvy Stock Broking Ltd
  43 Customer Reviews    Rate 5paisa 21 Customer Reviews    Rate Karvy
Fees Ratings 3.2 2.7
Trading Brokerage Rating 3.9 2.4
Trading Platform Usability 2.9 2.8
Customer Service Ratings 2.3 2.4
Overall Ratings Rated 2.9 stars Rated 2.1 stars
Broker Rating 5paisa is Rated 2.9 / 5 based on 43 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  5paisa Capital Ltd Karvy Stock Broking Ltd
Contact / Request Call Back
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Investment Options Available

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

  5paisa Capital Ltd Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No Yes
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Order Type

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

  5paisa Capital Ltd Karvy Stock Broking Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  5paisa Capital Ltd Karvy Stock Broking Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  5paisa Capital Ltd Karvy Stock Broking 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...

  1. Offers investment in IPO and Mutual funds
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

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...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

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
Enquire about 5paisa Enquire about Karvy
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