Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Finvasia Max Rs 0 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 4,86,965 where number of active customer for Finvasia is 77,020. 5paisa is serving more customer compare to Finvasia.
Here we present side-by-side comparison of 5paisa vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Finvasia's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of 5paisa vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared 5paisa vs Finvasia's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...||Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...|
Comparison of 5paisa with Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with Finvasia. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Finvasia doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
|Brokerage Charges Compare||5paisa||Finvasia|
|Plan Name||Basic Plan||Zero Brokerage Trading Plan|
|Equity Delivery||Flat Fee Rs 20||Rs 0|
|Equity Intraday||Flat Fee Rs 20||Rs 0|
|Equity Futures||Flat Fee Rs 20||Rs 0|
|Equity Options||Flat Fee Rs 20||Rs 0|
|Currency Futures||Flat Fee Rs 20||Rs 0|
|Currency Options||Flat Fee Rs 20||Rs 0|
|Commodity Trading||Flat Fee Rs 20||Rs 0|
|Funding||Yes - 18% interest PA||Yes, 24% interest PA|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Free|
|Auto Square off Charges||Rs 100 per call(No limit of orders)||Free|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for Finvasia|
Compare 5paisa with Finvasia on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||Finvasia|
|Equity Delivery||NSE:335 Per Cr | BSE:375 Per Cr||NSE:335 Per Cr | BSE:375 Per Cr|
|Equity Intraday||NSE:335 Per Cr | BSE:375 Per Cr||NSE:335 Per Cr | BSE:375 Per Cr|
|Equity Futures||NSE:200 Per Cr | BSE:FREE||NSE:200 Per Cr | BSE:FREE|
|Equity Options||NSE:5050 Per Cr | BSE:3700 Per Cr||NSE:5050 Per Cr | BSE:3700 Per Cr|
|Currency Futures||NSE:90 Per Cr | BSE:25 Per Cr||NSE:90 Per Cr | BSE:25 Per Cr|
|Currency Options||NSE:4000 Per Cr | BSE:100 Per Cr||NSE:4000 Per Cr | BSE:100 Per Cr|
|Commodity||Rs 260 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for finvasia|
Compare 5paisa with Finvasia on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where 5paisa doesn't offers NRI Trading.
|Account Features Compare||5paisa||Finvasia|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15 PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Finvasia. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||5paisa||Finvasia|
|Desktop Trading Platform||5paisaTradeStation||OMNESYS NEST|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://trade.finvasia.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||5paisa Mobile App||SCALPERT|
|Mobile Trading App Demo||5paisa Mobile App Demo||SCALPERT Demo|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod SCALPERT Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App Download||Info Not Available|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Basic platforms are free, advance platforms are chargeable.|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for 5paisa||Equity Intraday and Delivery Brokerage Calculator for Finvasia|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for Finvasia|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for Finvasia|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for finvasia|
|27 Customer Reviews||16 Customer Reviews|
|Trading Brokerage Rating||3.9||4.6|
|Trading Platform Usability||3.3||4.2|
|Customer Service Ratings||2.7||3.7|
|Broker Rating||5paisa is Rated 3.2 / 5 based on 27 customer reviews||Finvasia is Rated 4.4 / 5 based on 16 customer reviews|
Compare 5paisa with Finvasia on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||5paisa||Finvasia|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare 5paisa with Finvasia on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||Finvasia|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare 5paisa with Finvasia on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||5paisa||Finvasia|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 89766 89766||Support: +91 9779 097 777/Sales: +91 9098 001 001|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]/[email protected]|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
|Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Compare 5paisa with Finvasia on research reports and tips provided by the broker.
Compare 5paisa with Finvasia on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Finvasia is Free where for 5paisa is ₹300 pa. Finvasia is a better choice in terms of Demat AMC compare to 5paisa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||Free|
|Advance Deposit||NIL||Rs 0|
|Transaction Charges on Debit (Per ISIN)||₹12.50 per ISIN||₹9 + ₹5.50 (CDSL Charges) for every transaction|
|Demat||₹15 per certificate||₹15 per certificate|
|Remat||₹15 for every hundred securities or ₹15 per certificate whichever is higher||₹15 for every hundred securities + CDSL Charges|
|Pledge Creation||₹50||₹25 per transaction|
|Pledge Creation Confirmation||NIL||NIL|
|Pledge Closure||NIL||₹25 per transaction|
|Pledge Closure Confirmation||NIL||NIL|
|Pledge Invocation||NIL||₹19 per transaction|
|Failed Instruction Charges||Nil||₹49|
Compare 5paisa with Finvasia on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
|Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
|Payout Time||Max 24 hrs except bank holidays||Up to 24 hrs except for bank holidays.|
|Bank Supported and Charges||Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|FINVASIA SECURITIES PVT LTD,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
|Special Offers/Promo||Free Account Opening+Free Demat AMC+Free Trading.|
|Enquiry||Open 5paisa Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-09-13T04:14:55+00:00