Home / Compare / Share.Market vs 5paisa

Share.Market vs 5paisa

Comparison of charges, features, and platform quality. Both Share.Market and 5paisa 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 Share.Market and 5paisa are top-rated Discount brokers.

Share.Market

Share.Market Wins on:

Best For Investors

Better choice if you prioritize backed by phonepe and need phonepe, factor investing.

5paisa

5paisa Wins on:

Best For Beginners

Better choice if you prioritize flat fee per order and need flat brokerage, research.

At a Glance Comparison

Feature
Share.Market
Share.Market
5paisa
5paisa
Broker TypeDiscountDiscount
Account Opening₹0 (Free)₹0 (Free)
AMC (Yearly)₹0 (Free)₹300/year
Equity Delivery₹0₹20
Intraday Tradng₹20₹20
Active Clients2 Lakhs+35 Lakhs+
Rating4.24.2
Best ForInvestors, Mutual FundsBeginners, Intraday
Pros
  • Backed by PhonePe
  • Factor-based investing
  • WealthBaskets integration
  • Flat fee per order
  • Good mobile app
  • Research and tips included
Cons
  • Very new player
  • Limited features compared to established ones
  • Customer support issues
  • Hidden charges reported by users

Brokerage Charges Explained

Share.Market Fees

For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for investors.

5paisa Fees

For equity delivery, ₹20 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.

* Hidden costs: Remember to account for annual maintenance charges (Share.Market: ₹0 (Free), 5paisa: ₹300/year).

Trading Platform & App

Share.MarketShare.Market
App Rating4.2/5

Share.Market's platform is known for being comprehensive. It is generally considered robust for advanced analysis.

5paisa5paisa
App Rating4.2/5

5paisa's platform focuses on research and data. Users find it extremely beginner friendly.

Choose Share.Market if:

  • You are looking for the best platform for Investors.
  • You are looking for the best platform for Mutual Funds.
  • You prefer phonepe features.

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.

Pros & Cons Comparison

Share.Market

Advantages

  • Backed by PhonePe
  • Factor-based investing
  • WealthBaskets integration

Disadvantages

  • Very new player
  • Limited features compared to established ones

5paisa

Advantages

  • Flat fee per order
  • Good mobile app
  • Research and tips included

Disadvantages

  • Customer support issues
  • Hidden charges reported by users

Common Questions