Groww⭐ 9.5/10
5Paisa⭐ 7.9/10Groww vs 5Paisa Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Groww is the Clear Winner
Groww is the superior choice for most traders and investors due to its higher overall rating of 9.5/10 compared to 5Paisa's 7.9/10. Key strengths include Extremely simple UI and One of the fastest-growing investment platforms focused on simplicity..
📊 Charges & Pricing Comparison
| Fee / Segment | Groww | 5Paisa |
|---|---|---|
| Account Opening Fee | Free | Free |
| Account AMC (Annual) | Free (Rs 0) | Rs 300 / year |
| Equity Delivery | Rs 20 or 0.05% | Rs 20 or 0.05% |
| Intraday Brokerage | Rs 20 or 0.05% | Rs 20 per order |
| Futures & Options | Rs 20 per order | Rs 20 per order |
| Commodity Trading | N/A | Rs 20 per order |
| Other / DP Charges | Standard regulatory charges apply | Standard industry charges |
| Account Opening Time | 15 Minutes | 15 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | Groww | 5Paisa |
|---|---|---|
| Margin Trading (MTF) | ❌ No | ✅ Available |
| Advisory & Tips | ❌ No | ❌ No |
| Trading API Access | ❌ No | ✅ Free API |
| Advanced Charts | ❌ No | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
Groww Pros & Cons
Pros
- ✅ Extremely simple UI
- ✅ Zero AMC forever
- ✅ Seamless mutual fund integration
Cons
- ❌ No advanced desktop terminal
- ❌ Lacks complex analytical tools
5Paisa Pros & Cons
Pros
- ✅ Competitive pricing
- ✅ Good customer support in regional languages
Cons
- ❌ App UI might lack modern polish compared to top tier brokers
❓ FAQs: Groww vs 5Paisa
Which is cheaper between Groww and 5Paisa?
Groww charges Rs 20 or 0.05% for delivery trades and Rs 20 or 0.05% for intraday, with an AMC of Free (Rs 0). Meanwhile, 5Paisa charges Rs 20 or 0.05% for delivery and Rs 20 per order for intraday, with an AMC of Rs 300 / year. In terms of onboarding costs, Groww is Free compared to 5Paisa's Free.
Who has a better mobile app: Groww or 5Paisa?
Groww's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, 5Paisa's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is Groww safer to use than 5Paisa?
Both Groww and 5Paisa are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Groww has a rating of 9.5/10, reflecting their complaint ratio and client size, while 5Paisa has a rating of 7.9/10.