Groww vs 5Paisa | Broker Comparison

Groww vs 5Paisa

Side-by-side view of features, pricing context, and platform fit.

Groww

Groww

Active Clients: 1,24,80,505

Groww is a Bangalore-based online brokerage firm operating under Groww Invest Tech Pvt Ltd, a SEBI-registered broker and member of the NSE and BSE. Initially, it began as a direct mutual fund platform, and subsequentl...

5Paisa

5Paisa

Active Clients: 3,43,187

5paisa.com is a prominent online stockbroker providing discounted brokerage services to individual investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed entity founded by IIFL promoter...

Side-by-Side Compare Table

Category	Groww	5paisa
Basic Details	•Broker Type: Digital-first discount broker •Founded: 2016 (broking entity expanded later from MF platform)	•Broker Type: Discount broker •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
Charges & AMC	•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0	•Account Opening: Rs 0 •Trading AMC: Included in account structure
Brokerage	•Equity Delivery: Lower of Rs 20 or 0.05% per order •Equity Intraday: Lower of Rs 20 or 0.05% per order	•Equity Delivery: Rs 20 per trade •Equity Intraday: Rs 20 per trade
Other Charges	•Auto square-off charge: Rs 50 •Statutory and exchange charges apply separately.	•Fund transfer charges may apply by mode (for example net banking fee in some cases). •Statutory charges apply separately: STT, exchange charges, GST, SEBI charges, stamp duty.
Leverage (Margin)	•Margin and leverage depend on segment and risk policy. •Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.	•Margin Trading Facility available via 5paisa Pay Later. •MTF funding slabs available with different daily interest rates.
Features	•Paperless onboarding and simple UX. •Strong mutual fund and retail investing workflow.	•Flat-fee structure across segments. •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
Trading Platforms	•Groww Mobile App •Groww Web Platform	•5paisa Mobile App •5paisa Web / Trader Station
Reviews & Ratings	•Positioned as beginner friendly with strong app adoption. •In this source snapshot, no single numeric consolidated rating table is shown.	•Positioned as a low-cost broker for active retail users. •In this source snapshot, no single consolidated numeric overall rating is highlighted.
Investment Options	•Equity •Intraday and derivatives	•Equity •F&O
Order Types Offered	•Standard market and limit order flows •App and web based execution	•Regular market orders •Delivery and intraday order flows
Suitable For (Investor Type)	•First-time investors preferring clean mobile-first experience. •Cost-conscious users who also invest in direct mutual funds.	•Cost-conscious traders who prefer flat brokerage. •Users who want one platform for trading and investing products.
Pros and Cons	•Pros: •Zero opening/AMC and low brokerage.	•Pros: •Flat Rs 20 pricing model.

Detailed Comparison

Basic Details

Groww	5paisa
•Broker Type: Digital-first discount broker •Founded: 2016 (broking entity expanded later from MF platform) •SEBI Registration: INZ000301838 •NSE Member Code: 90187 •Net Worth: Rs 1433.11 Cr	•Broker Type: Discount broker •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group) •SEBI Registration: INZ000010231 •NSE Member Code: 14300 •Net Worth: Rs 543.53 Cr

Charges & AMC

Groww	5paisa
•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0 •Demat AMC: Rs 0	•Account Opening: Rs 0 •Trading AMC: Included in account structure •Demat AMC: Rs 300 yearly (often billed quarterly) •DP Sell Transaction: Rs 20 per scrip (sell side)

Brokerage

Groww	5paisa
•Equity Delivery: Lower of Rs 20 or 0.05% per order •Equity Intraday: Lower of Rs 20 or 0.05% per order •Equity Futures: Flat Rs 20 per order •Equity Options: Flat Rs 20 per order •Direct Mutual Funds: Rs 0 commission	•Equity Delivery: Rs 20 per trade •Equity Intraday: Rs 20 per trade •Equity Futures: Rs 20 per trade •Equity Options: Rs 20 per trade •Commodity/Currency: Rs 20 per trade across listed segments

Other Charges

Groww	5paisa
•Auto square-off charge: Rs 50 •Statutory and exchange charges apply separately.	•Fund transfer charges may apply by mode (for example net banking fee in some cases). •Statutory charges apply separately: STT, exchange charges, GST, SEBI charges, stamp duty.

Leverage (Margin)

Groww	5paisa
•Margin and leverage depend on segment and risk policy. •Source section introduces margin topic but does not expose one fixed leverage number in the extracted snapshot.	•Margin Trading Facility available via 5paisa Pay Later. •MTF funding slabs available with different daily interest rates. •Up to around 4x leverage on approved MTF securities.

Features

Groww	5paisa
•Paperless onboarding and simple UX. •Strong mutual fund and retail investing workflow. •Unified app for stocks, IPOs, ETFs, and MFs. •Educational resources via blogs and ebooks.	•Flat-fee structure across segments. •One app for stocks, derivatives, mutual funds, ETFs, and bonds. •Paperless account opening. •Tools like FnO 360 and trading research utilities.

Trading Platforms

Groww	5paisa
•Groww Mobile App •Groww Web Platform •915 by Groww (advanced web terminal)	•5paisa Mobile App •5paisa Web / Trader Station •5paisa Trade Terminal (desktop)

Reviews & Ratings

Groww	5paisa
•Positioned as beginner friendly with strong app adoption. •In this source snapshot, no single numeric consolidated rating table is shown.	•Positioned as a low-cost broker for active retail users. •In this source snapshot, no single consolidated numeric overall rating is highlighted.

Investment Options

Groww	5paisa
•Equity •Intraday and derivatives •IPO •ETFs •Direct mutual funds •Digital gold	•Equity •F&O •Currency •Commodities •Mutual Funds (including direct plans) •ETFs and Bonds

Order Types Offered

Groww	5paisa
•Standard market and limit order flows •App and web based execution •Advanced workflow through 915 terminal for active users	•Regular market orders •Delivery and intraday order flows •Derivatives order support through app/web/terminal

Suitable For (Investor Type)

Groww	5paisa
•First-time investors preferring clean mobile-first experience. •Cost-conscious users who also invest in direct mutual funds. •Traders seeking simple flat-fee execution.	•Cost-conscious traders who prefer flat brokerage. •Users who want one platform for trading and investing products. •Traders who need desktop plus mobile workflow.

Pros and Cons

Groww	5paisa
•Pros: •Zero opening/AMC and low brokerage. •Strong digital onboarding and usability. •Commission-free direct mutual funds. •Cons: •Limited offline support model. •Advisory depth is lower than traditional full-service broker setups.	•Pros: •Flat Rs 20 pricing model. •Wide product coverage in one account. •Multiple trading platforms and paperless onboarding. •Cons: •Some payment and operational charges can apply depending on usage mode. •Full-service advisory depth is lower than many traditional full-service brokers.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.