5paisa vs Groww
Comparison of charges, features, and platform quality. Both 5paisa and Groww are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both 5paisa and Groww are top-rated Discount brokers.
5paisa Wins on:
Best For BeginnersBetter choice if you prioritize flat fee per order and need flat brokerage, research.
Groww Wins on:
Best For BeginnersBetter choice if you prioritize zero account opening & amc charges and need free amc, simple ui.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹300/year | ₹0 (Free) |
| Equity Delivery | ₹20 | ₹20 or 0.05% |
| Intraday Tradng | ₹20 | ₹20 or 0.05% |
| Active Clients | 35 Lakhs+ | 50 Lakhs+ |
| Rating | 4.2 | 4.7 |
| Best For | Beginners, Intraday | Beginners, Mutual Funds |
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Brokerage Charges Explained
5paisa Fees
For equity delivery, ₹20 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Groww Fees
For equity delivery, ₹20 or 0.05% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for investors.
Trading Platform & App
5paisa5paisa's platform is known for being comprehensive. It is generally considered very easy to learn.
GrowwGroww's platform focuses on research and data. Users find it extremely beginner friendly.
Choose 5paisa if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Intraday.
- You prefer flat brokerage features.
Choose Groww if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Mutual Funds.
- You prefer free amc features.
Pros & Cons Comparison
5paisa
Advantages
- Flat fee per order
- Good mobile app
- Research and tips included
Disadvantages
- Customer support issues
- Hidden charges reported by users
Groww
Advantages
- Zero Account Opening & AMC Charges
- Extremely simple UI for beginners
- Fast account opening process
Disadvantages
- Charged for equity delivery (unlike Zerodha)
- Limited advanced trading features
- No commodity trading (initially)
