Groww Vs 5Paisa
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs 5Paisa - Broker Details
| Groww | 5Paisa | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2007 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX. |
| Branches | Zero | Zero |
| Brokerage | ₹20/ Order | ₹20/ Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Account Opening & AMC Charges
| Groww | 5Paisa | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300/- |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Brokerage charges & Plans
| Groww | 5Paisa | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹499/ Month |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Other Charges
| Groww | 5Paisa | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹499/ Month |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Transaction Charges
| Groww | 5Paisa | |
|---|---|---|
| Currency Options | N/A | 0.035% |
| Equity Futures | NSE:- 0.002% | 0.0020% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | 0.00345% (NSE) | 0.00345% (BSE) |
| Equity Options | NSE:- 0.053% on premium | 0.053% |
| Commodity | N/A | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% |
| Currency Futures | N/A | 0.0009% |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | 0.00345% (NSE) | 0.00345% (BSE) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Margin (Exposure)
| Groww | 5Paisa | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Features
| Groww | 5Paisa | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Review & Rating
| Groww | 5Paisa | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Request a call back from Broker
| Groww | 5Paisa | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Investment Options
| Groww | 5Paisa | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Order Type
| Groww | 5Paisa | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Research & Report
| Groww | 5Paisa | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Daily Market Report
| Groww | 5Paisa | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Suitable For Investor
| Groww | 5Paisa | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Pros & Cons
| Groww | 5Paisa | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 1.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 1.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Background
| Groww | 5Paisa | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Compare All Brokers
| Groww | 5Paisa | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - STT/CTT
| Groww | 5Paisa | |
|---|---|---|
| Commodity Futures | N/A | 0.0001% (On exercise purchaser) 0.01% (Sell Future) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% |
| Equity Options | 0.05% only on sell | 0.05% (Sell Option) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.10% |
| Equity Futures | 0.01% only on sell | 0.01% (Sell Future) |
| Commodity Options | N/A | 0.05% (Sell Option) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Demat transaction charges
| Groww | 5Paisa | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹12.5 + Gst per scrip per day only on sell |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - GST
| Groww | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on ( Brokerage + Transaction Charge) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - SEBI Charges
| Groww | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Account Opening & AMC Charges
Groww
5Paisa
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300/-
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs 5Paisa
| Groww | 5Paisa | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ 5Paisa |
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. |
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5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Groww Vs 5Paisa - Brokerage charges & Plans
| Groww | 5Paisa | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order |
| Currency Futures | N/A | ₹20/ Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Commodity Options | N/A | ₹20/ Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Currency Options | N/A | ₹20/ Order |
| Fixed Charges | ₹20/ Order | ₹499/ Month |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Margin (Exposure)
| Groww | 5Paisa | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Groww Vs 5Paisa - Other Charges
| Groww | 5Paisa | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹499/ Month |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Groww Vs 5Paisa - STT/CTT
| Groww | 5Paisa | |
|---|---|---|
| Commodity Futures | N/A | 0.0001% (On exercise purchaser) 0.01% (Sell Future) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% |
| Equity Options | 0.05% only on sell | 0.05% (Sell Option) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.10% |
| Equity Futures | 0.01% only on sell | 0.01% (Sell Future) |
| Commodity Options | N/A | 0.05% (Sell Option) |
| Call Back Open Account |
Groww Vs 5Paisa - Demat transaction charges
| Groww | 5Paisa | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹12.5 + Gst per scrip per day only on sell |
| Call Back Open Account |
Groww Vs 5Paisa - GST
| Groww | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on ( Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs 5Paisa - SEBI Charges
| Groww | 5Paisa | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
Groww Vs 5Paisa - Features
| Groww | 5Paisa | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account | Call Back Open Account |