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5paisa Vs Finvasia Vs Fyers: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Fyers ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Finvasia is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Finvasia vs Fyers stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Finvasia vs Fyers on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Finvasia vs Fyers in this setion with 360 degree view of broker information.

Compare 5paisa vs Finvasia vs Fyers on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
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... Know more about 5paisa 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...Know more about Finvasia Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare 5paisa vs Finvasia vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs Finvasia vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Finvasia vs Fyers
Charges 5paisa Finvasia Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Finvasia vs Fyers on Plan Options

Plans are the most important feature you look when compare 5paisa vs Finvasia vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa offers Multiple Plans where Finvasia and Fyers doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Finvasia vs Fyers on Plan Options
Plan Types 5paisa Finvasia Fyers
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  5paisa Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Finvasia vs Fyerson Brokerage Charges

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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare 5paisa vs Finvasia vs Fyers
Brokerage Charges Compare 5paisa Finvasia Fyers
Plan Name Basic Plan Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 20 Rs 0 Free
Equity Intraday Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Order
Auto Square off Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare 5paisa vs Finvasia vs Fyers on Transaction Charges

Compare 5paisa vs Finvasia vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs Finvasia vs Fyers
Transaction Charges Compare 5paisa Finvasia Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia Complete Brokerage Plans for fyers
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Account Features

Compare 5paisa vs Finvasia vs Fyers on Account Features

Compare 5paisa vs Finvasia vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa offers margin funding where Finvasia and Fyers doesn't offers margin funding. NRI Trading - Finvasia offers NRI Trading where 5paisa and Fyers doesn't offers NRI Trading.

Account Features - 5paisa vs Finvasia vs Fyers
Account Features Compare 5paisa Finvasia Fyers
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM 3:15 PM
NRI Trading No Yes No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare 5paisa vs Finvasia vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa vs Finvasia vs Fyers
Trading Platform Compare 5paisa Finvasia Fyers
Desktop Trading Platform 5paisaTradeStation OMNESYS NEST Fyers One
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

https://trade.finvasia.com/

Fyers Web

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT Fyers 2.0 Mobile App
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS 5paisa Mobile App Download Info Not Available iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare 5paisa vs Finvasia vs Fyers on User Rating

  5paisa Finvasia Fyers
  27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare 5paisa vs Finvasia vs Fyers on Investment Offerings

Compare 5paisa vs Finvasia vs Fyers 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare 5paisa vs Finvasia vs Fyers
Investment Offerings Compare 5paisa Finvasia Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Finvasia vs Fyers on Order Types

Order Type - Compare 5paisa vs Finvasia vs Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Fyers offers Good Till Cancelled (GTC) orders facility where 5paisa and Finvasia doesn't provides GTC.

Order Types - Compare 5paisa vs Finvasia vs Fyers
Order Type Compare 5paisa Finvasia Fyers
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No No Yes
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Customer Service Offered

Compare 5paisa vs Finvasia vs Fyers on Customer Service

Compare 5paisa vs Finvasia vs Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare 5paisa vs Finvasia vs Fyers
Customer Service Compare 5paisa Finvasia Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No No
Customer Care Number +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001 08060001111
Account Opening Process Online/Paperless Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://finvasia.com/announcements https://fyers.in/school-of-stocks/
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
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.5paisa.com/ https://www.finvasia.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare 5paisa vs Finvasia vs Fyers on Research Reports, Tips

Compare 5paisa vs Finvasia vs Fyers on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs Finvasia vs Fyers
  5paisa Finvasia Fyers
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF No No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis No No No
News Alerts Yes No Yes
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Demat Account

Compare 5paisa vs Finvasia vs Fyers on Demat Account

Compare 5paisa vs Finvasia vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa vs Finvasia vs Fyers
  5paisa Finvasia Fyers
DP Source CDSL CDSL CDSL
DP ID 82500 84300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free Free
Advance Deposit NIL Rs 0 Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹15 per certificate ₹15 per certificate ₹0
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges ₹0
Pledge Creation ₹12.50 per script ₹25 per transaction Nil
Pledge Creation Confirmation NIL NIL Nil
Pledge Closure ₹12.50 per script ₹25 per transaction Nil
Pledge Closure Confirmation NIL NIL Nil
Pledge Invocation NIL ₹19 per transaction Nil
Failed Instruction Charges Nil ₹49 Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia vs Fyers on Special Offers and Promotion

Compare 5paisa vs Finvasia vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Finvasia vs Fyers on Special Offers and Promotion
  5paisa Finvasia Fyers
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.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Up to 24 hrs except for 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. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2024-01-11T04:15:59+00:00