5paisa Vs Groww Vs ProStocks: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Groww ranges between Rs 20, while the brokerage of ProStocks ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Groww is rated 4, ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Groww vs ProStocks 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 Groww vs ProStocks 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 Groww vs ProStocks in this setion with 360 degree view of broker information.

Compare 2 Brokers

Compare 5paisa vs Groww vs ProStocks on Service

	5paisa	Groww	ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE	NSE, BSE
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...	Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...	Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...
Broker Enquiry

Account Opening Charges and AMC

Compare 5paisa vs Groww vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs Groww vs ProStocks 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, Groww charges Free AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Groww vs ProStocks
Charges	5paisa	Groww	ProStocks
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	Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service

About Brokerage Plans

Compare 5paisa vs Groww vs ProStocks on Plan Options

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

Compare 5paisa vs Groww vs ProStocks on Plan Options
Plan Types	5paisa	Groww	ProStocks
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	5paisa	Zerodha	ProStocks
Account Opening Request	Open 5paisa Account Now>>	Open Zerodha Account Now>>	Open ProStocks Account Now>>

Brokerage Charges

Compare 5paisa vs Groww vs ProStockson 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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare 5paisa vs Groww vs ProStocks
Brokerage Charges Compare	5paisa	Groww	ProStocks
Plan Name	Basic Plan	Flat Brokerage Plan	Flat Fee Rs 15 Trading Plan
Equity Delivery	Flat Fee Rs 20	0.05% or Rs 20 whichever is lower	Free
Equity Intraday	Flat Fee Rs 20	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15
Equity Futures	Flat Fee Rs 20	Flat Fee Rs 20	Flat Fee Rs 15
Equity Options	Flat Fee Rs 20	Flat Fee Rs 20	Flat Fee Rs 15
Currency Futures	Flat Fee Rs 20	Not Available	Flat Fee Rs 15
Currency Options	Flat Fee Rs 20	Not Available	Flat Fee Rs 15
Commodity Trading	Flat Fee Rs 20	Not Available	NA
Minimum Brokerage	NA		NA
Hidden Charges	No	Info Not Available
Funding	Yes - 18% interest PA	Info Not Available	No
Call & Trade Charges	Rs 100 per call(No limit of orders)	Rs 50 Per Executable Order	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges	Rs 100 per call(No limit of orders)	Rs 50 Per Executable Order	Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator	Brokerage Calculator for 5paisa	Brokerage Calculator for Groww	Brokerage Calculator for ProStocks

Share Broker's Transaction Charges

Compare 5paisa vs Groww vs ProStocks on Transaction Charges

Compare 5paisa vs Groww vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs Groww vs ProStocks
Transaction Charges Compare	5paisa	Groww	ProStocks
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for 5paisa	Complete Brokerage Plans for groww	Complete Brokerage Plans for prostocks

Account Features

Compare 5paisa vs Groww vs ProStocks on Account Features

Compare 5paisa vs Groww vs ProStocks 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 and Groww offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - ProStocks offers NRI Trading where 5paisa and Groww doesn't offers NRI Trading.

Account Features - 5paisa vs Groww vs ProStocks
Account Features Compare	5paisa	Groww	ProStocks
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:10 PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare 5paisa vs Groww vs ProStockson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Groww vs ProStocks. 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 Groww vs ProStocks
Trading Platform Compare	5paisa	Groww	ProStocks
Desktop Trading Platform	5paisaTradeStation	Groww App	Star ProStocks
Desktop Demo	Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.5paisa.com/online-trading	Yes	https://www.prostocksweb.com/
Web Trading Demo	Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	5paisa Mobile App	Groww App	Star ProStocks
Mobile Trading App Demo	5paisa Mobile App Demo	Info Not Available	Info Not Available
Android Mobile App
Android App Download	Andriod 5paisa Mobile App Download	Andriod Groww App Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS 5paisa Mobile App Download	iOS Groww App Download	iOS Star ProStocks Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for 5paisa	Equity Intraday and Delivery Brokerage Calculator for Groww	Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator	Futures Brokerage Calculator for 5paisa	Futures Brokerage Calculator for Groww	Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator	Options Brokerage Calculator for 5paisa	Options Brokerage Calculator for Groww	Options Brokerage Calculator for ProStocks
Detail	Detail on Trading Platforms for 5paisa	Detail on Trading Platforms for groww	Detail on Trading Platforms for prostocks

Broker Ratings by Users

Compare 5paisa vs Groww vs ProStocks on User Rating

	5paisa	Groww	ProStocks
	27 Customer Reviews	8 Customer Reviews	4 Customer Reviews
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	Groww is Rated 4.3 / 5 based on 8 customer reviews	ProStocks is Rated 4.5 / 5 based on 4 customer reviews

Investment Offerings

Compare 5paisa vs Groww vs ProStocks on Investment Offerings

Compare 5paisa vs Groww vs ProStocks 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 - 5paisa offers Commodity Trading where Groww and ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - 5paisa and Groww offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare 5paisa vs Groww vs ProStocks
Investment Offerings Compare	5paisa	Groww	ProStocks
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Order Types

Compare 5paisa vs Groww vs ProStocks on Order Types

Order Type - Compare 5paisa vs Groww vs ProStocks 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) - 5paisa and ProStocks provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - 5paisa and ProStocks provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - 5paisa and ProStocks AMO facility where Groww doesn't provides AMO. GTC Orders - ProStocks offers Good Till Cancelled (GTC) orders facility where 5paisa and Groww doesn't provides GTC.

Order Types - Compare 5paisa vs Groww vs ProStocks
Order Type Compare	5paisa	Groww	ProStocks
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare 5paisa vs Groww vs ProStocks on Customer Service

Compare 5paisa vs Groww vs ProStocks 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 Groww vs ProStocks
Customer Service Compare	5paisa	Groww	ProStocks
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	+91 89766 89766	9108800604	+91-2262-434343
Account Opening Process	Online/Paperless	Online	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.5paisa.com/knowledge-centre	https://groww.in/academy	https://www.prostocks.com/faq.html
Head Office Address	5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604	Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034	Sunlight Broking LLP, B-50, Pravasi Industrial Estate, Goregaon (East), Mumbai - 400063
Website	https://www.5paisa.com/	https://groww.in/	https://www.prostocks.com

Tips/Research/Reports Published

Compare 5paisa vs Groww vs ProStocks on Research Reports, Tips

Compare 5paisa vs Groww vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs Groww vs ProStocks
	5paisa	Groww	ProStocks
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare 5paisa vs Groww vs ProStocks on Demat Account

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

Demat Charges - Compare 5paisa vs Groww vs ProStocks
	5paisa	Groww	ProStocks
DP Source	CDSL	CDSL	CDSL
DP ID	82500	No	83200
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	Zero	Free (₹1000 Refundable Deposit)
Advance Deposit	NIL	Nil	1000/- Refundable Deposit against charges
Statutory charges	Nil	Legal Charges	Nil
Transaction Charges on Debit (Per ISIN)	₹12.50 per ISIN	₹8 + ₹5.50 CDSL charges	₹20 per ISIN
Demat	₹15 per certificate	₹150 per certificate + courier charges	₹50 per set up + ₹50 courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate whichever is higher	₹150 per certificate + courier charges	₹50 per set up + ₹50 courier charges
Pledge Creation	₹12.50 per script	₹20 + Rs. 12 per request (CDSL Charges)	₹50
Pledge Creation Confirmation	NIL	₹20 + Rs. 12 per request (CDSL Charges)	Nil
Pledge Closure	₹12.50 per script	₹20 + Rs. 12 per request (CDSL Charges)	₹50
Pledge Closure Confirmation	NIL	₹20 + Rs. 12 per request (CDSL Charges)	Nil
Pledge Invocation	NIL	₹20 + Rs. 12 per request (CDSL Charges)	₹50
Failed Instruction Charges	Nil	₹50	₹50 per transaction
Other Charges	Nil	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare 5paisa vs Groww vs ProStocks on Special Offers and Promotion

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

Compare 5paisa vs Groww vs ProStocks on Special Offers and Promotion
	5paisa	Groww	ProStocks
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/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays	Max 24 hrs except bank holidays	Upto 24 Hrs except 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 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.	Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail	5paisa, Account Number:5PAISA Bank and Branch: Yes Bank, CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC	Info Not Available	SUNLIGHT BROKING LLP, Account Number:00600340080912 Bank and Branch: HDFC BANK, FORT Account Type: Current Account IFSC Code: HDFC0000060
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...	Trade or invest in equity, F&O, mutual funds, IPO, US Stocks Rs 0 account opening fee with no AMC Best UI Interface-enabled app and website Equity and F&O trading at Rs 20 maximum brokerage No cost investment in direct mutual funds. TradingView charts and wide range of technical indicators Advance orders like GTT, Target order, and Basket order Get instant and flexible loans on Groww Get the latest trending news and updates on the Groww Digest Detail Review...	Lifetime Zero AMC Demat Account and free delivery trading. Cheapest online trading services at 15 per order brokerage plan. Place an unlimited number of trades by subscribing to ProStocks monthly trading plan. Trade on Free trading platforms; mobile app, website, and desktop trading software. Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API. FoxTrader, is an ultra-modern windows-based automated trading platform. Cheapest intraday call & trade service at just Rs. 10 per trade. Get referral benefits with Prostocks Referral plan. Secure & hassle-free fund transfer via 30+ supported banks. Free instant fund transfer via UPI. Advanced orders like Cover order, Bracket order, basket order, and after-market order. Place Good Till Triggered (GTT) order. Use online tools like brokerage calculator and margin calculator. No PCM fee. No proprietary trading. 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...	Does not offer commodity and currency trading No desktop trading terminal Bracket order and cover order are not available No intraday trading tips and stock research reports NRIs cannot open an account in Groww Detail Review...	It does not offer a 3-in-1 account opening facility. ProStocks does not provide commodity trading services. It does not offer mutual funds investment facility. ProStocks IPO Apply facility is only available on the ProStocks website. It does not provide intraday trading tips, research, and advisory facility. Detail Review...
Special Offers/Promo			ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
	Enquire for 5paisa	Enquire for Groww	Enquire for ProStocks

Last Updated on 2024-01-11T04:15:59+00:00