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5paisa 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. 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 offers three subscription plans; Regular Account Pack... Know more about 5paisa

Groww 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 Groww

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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.

 5paisaGroww
Type of BrokerDiscount BrokerDiscount Broker
Exchnage MembershipNSE, BSENSE and BSE
Year of Incorporation19962016
Number of Branches10
Open 5paisa AccountOpen Groww Account

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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.

 5paisaGroww
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0 (Free)Rs 0
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 300Rs 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 Type5paisa Regular Account PlanGroww Standard Plan
Fixed ChargesNANA
Equity DeliveryRs 20 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 20 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 20 per executed orderRs 20 per executed order
Equity OptionsRs 20 per executed orderRs 20 per executed order
Currency FuturesRs 20 per executed orderNA
Currency OptionsRs 20 per executed orderNA
Commodity FuturesRs 20 per executed orderNA
Commodity OptionsRs 20 per executed orderNA
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.
Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

5paisa Vs Groww Brokerage Plan 2

 5paisaGroww
Account TypePower Investor PackStandard Plan
Fixed ChargesRs 599 per monthNA
Equity DeliveryRs 10 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 10 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 10 per executed orderRs 20 per executed order
Equity OptionsRs 10 per executed orderRs 20 per executed order
Currency FuturesRs 10 per executed orderNA
Currency OptionsRs 10 per executed orderNA
Commodity FuturesRs 10 per executed orderNA
Commodity OptionsRs 10 per executed orderNA
Open 5paisa AccountOpen Groww Account

5paisa Vs Groww Brokerage Plan 3

 5paisaGroww
Account TypeUltra Trader PackStandard Plan
Fixed ChargesRs 1199 per monthNA
Equity DeliveryRs 10 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 10 per executed orderRs 20 per executed order or 0.05% whichever is lower
Equity FuturesRs 10 per executed orderRs 20 per executed order
Equity OptionsRs 10 per executed orderRs 20 per executed order
Currency FuturesRs 10 per executed orderNA
Currency OptionsRs 10 per executed orderNA
Commodity FuturesRs 10 per executed orderNA
Commodity OptionsRs 10 per executed orderNA
Open 5paisa AccountOpen Groww Account

5paisa Charges Vs Groww

Minimum BrokerageRs 20 per tradeRs 20 or 0.05% per executed order
Other ChargesPhysical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade ChargesAdditional ₹20 per order + GSTNA
Open 5paisa AccountOpen Groww Account

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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.

 5paisaGroww
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp 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)
Open 5paisa AccountOpen Groww Account

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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.

 5paisaGroww
3 in 1 AccountNoNo
Automated TradingNoNo
Margin Trading FundingYesNo
Margin Against Shares (Equity Cash)YesNo
Margin Against Shares (Equity F&O)YesNo
Trading Platform5paisa Trade Station (Web, Mobile App and EXE)Groww
Intraday Square-off TimeOptimum Plan: 3:10 PM, Platinum Plan: 3:20 PM3:10 PM
Trading In SME Shares Allowed?NoNo
Referral ProgramYesNo
Other Features
Open 5paisa AccountOpen Groww Account

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5paisa Vs Groww Review

5paisa is rated of 5 based on 97 customer reviews whereas Groww is rated of 5 based on 106 customer reviews.

 5paisaGroww
 97 Customer Reviews    Rate 5paisa106 Customer Reviews    Rate Groww
FeesRated 2.9 starsRated 4.3 stars
BrokerageRated 3.5 starsRated 3.8 stars
Trading PlatformRated 2.7 starsRated 3.8 stars
Customer ServiceRated 2.1 starsRated 3.5 stars
Research CapabilitiesRated 2.4 starsRated 3.1 stars
Overall RatingRated 2.6 starsRated 3.8 stars
Broker Rating5paisa is Rated 2.6 / 5 based on 97 customer reviewsGroww is Rated 3.8 / 5 based on 106 customer reviews

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Contact Broker / Request A Call Back

 5paisaGroww
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 in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today.

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5paisa Vs Groww Investment Options

 5paisaGroww
Stock / EquityYesYes
CommodityYesNo
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesNo
DebtYesYes

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5paisa Vs Groww Order Type Offered

 5paisaGroww
Bracket OrderYesNo
Cover OrderYesNo
Buy Today Sell Tomorrow (BTST)YesYes
Sell Today Buy Tomorrow (STBT)YesNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo
Open 5paisa AccountOpen Groww Account

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5paisa Vs Groww Suitable For Investor Type

 5paisaGroww
Casual InvestorNoYes
Active InvestorYesNo
TraderYesNo

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5paisa Vs Groww - Pros and Cons

 5paisaGroww
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. These cases cause major confusion, and customers pay hefty interest charges.
  • Call & Trade is available at an additional Rs 20 per order + GST.
  • Research & advisory services are not available in Optimum Plan.
  • 5Paisa doesn't offer NRI Trading services.
  • Doesn't offer 3-in-1 account.
  • 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.

Groww Special Offer

Invest in Stocks and Mutual Funds on Groww

  • Free Demat & Trading account opening
  • Zero brokerage on Direct Mutual Fund investments
  • Equity brokerage — ₹20 or 0.1% per order (whichever is lower, minimum ₹5)
  • Transparent pricing with no hidden charges
  • Trusted by millions of investors across India

Start your investment journey today!
Open your FREE Groww account and start investing instantly.

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