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5paisa Vs Finvasia Vs IIFL Securities: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of IIFL Securities ranges between Rs 20. The broker 5paisa and Finvasia are a discount brokers where IIFL Securities is a full service broker. Overall rating for 5paisa is 4, Finvasia is rated 4, IIFL Securities is rated 4 out of 5.

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

Compare 5paisa vs Finvasia vs IIFL Securities on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
IIFL Securities Compare
IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX 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... 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 IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities
Broker Enquiry Request call back from IIFL Securities Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared 5paisa vs Finvasia vs IIFL Securities 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 IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Finvasia vs IIFL Securities
Charges 5paisa Finvasia IIFL Securities
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 250 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Finvasia vs IIFL Securities on Plan Options

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

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

Account Opening

  IIFL Securities 5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Finvasia vs IIFL Securitieson 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.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare 5paisa vs Finvasia vs IIFL Securities
Brokerage Charges Compare 5paisa Finvasia IIFL Securities
Plan Name Basic Plan Zero Brokerage Trading Plan IIFL iSERVE Brokerage Plan
Equity Delivery Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Equity Intraday Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Equity Futures Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Equity Options Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Currency Futures Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Currency Options Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Commodity Trading Flat Fee Rs 20 Rs 0 Flat Rs 20 per order
Minimum Brokerage NA NA
Hidden Charges No No
Call & Trade Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Call + GST
Auto Square off Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Call + GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia Brokerage Calculator for IIFL Securities
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Share Broker's Transaction Charges

Compare 5paisa vs Finvasia vs IIFL Securities on Transaction Charges

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

Transaction Charges - Compare 5paisa vs Finvasia vs IIFL Securities
Transaction Charges Compare 5paisa Finvasia IIFL Securities
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia Complete Brokerage Plans for iifl-securities
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Account Features

Compare 5paisa vs Finvasia vs IIFL Securities on Account Features

Compare 5paisa vs Finvasia vs IIFL Securities 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 IIFL Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and IIFL Securities offers NRI Trading where 5paisa doesn't offers NRI Trading.

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

Compare 5paisa vs Finvasia vs IIFL Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs IIFL Securities. 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 IIFL Securities
Trading Platform Compare 5paisa Finvasia IIFL Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

https://trade.finvasia.com/

https://ttweb.indiainfoline.com

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT IIFL Markets
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo IIFL Markets 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 IIFL Markets 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 IIFL Securities
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia Options Brokerage Calculator for IIFL Securities
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia Detail on Trading Platforms for iifl-securities

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Broker Ratings by Users

Compare 5paisa vs Finvasia vs IIFL Securities on User Rating

  5paisa Finvasia IIFL Securities
  27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia 82 Customer Reviews    Rate IIFL Securities
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 IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews
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Investment Offerings

Compare 5paisa vs Finvasia vs IIFL Securities on Investment Offerings

Compare 5paisa vs Finvasia vs IIFL Securities 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) - IIFL Securities offers PMS facility where 5paisa and Finvasia doesn't offers PMS facility.

Investment Offerings - Compare 5paisa vs Finvasia vs IIFL Securities
Investment Offerings Compare 5paisa Finvasia IIFL Securities
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 Yes
ETF Yes Yes Yes
Banking No No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No Yes
PMS Service No No Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Finvasia vs IIFL Securities on Order Types

Order Type - Compare 5paisa vs Finvasia vs IIFL Securities 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - IIFL Securities offers Good Till Cancelled (GTC) orders facility where 5paisa and Finvasia doesn't provides GTC.

Order Types - Compare 5paisa vs Finvasia vs IIFL Securities
Order Type Compare 5paisa Finvasia IIFL Securities
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
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 IIFL Securities on Customer Service

Compare 5paisa vs Finvasia vs IIFL Securities 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 IIFL Securities
Customer Service Compare 5paisa Finvasia IIFL Securities
24/7 Customer Service No No Yes
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches No No Yes
Customer Care Number +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001 022-40071000
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
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://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
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
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Website https://www.5paisa.com/ https://www.finvasia.com/ https://www.indiainfoline.com/
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Tips/Research/Reports Published

Compare 5paisa vs Finvasia vs IIFL Securities on Research Reports, Tips

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

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

Compare 5paisa vs Finvasia vs IIFL Securities on Demat Account

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

Demat Charges - Compare 5paisa vs Finvasia vs IIFL Securities
  5paisa Finvasia IIFL Securities
DP Source CDSL CDSL CDSL
DP ID 82500 84300 44700
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free ₹400 pa
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 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹15 per certificate ₹15 per certificate + ₹40 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation ₹12.50 per script ₹25 per transaction ₹50
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
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia vs IIFL Securities on Special Offers and Promotion

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

Compare 5paisa vs Finvasia vs IIFL Securities on Special Offers and Promotion
  5paisa Finvasia IIFL Securities
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...

  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

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...

  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for 5paisa Enquire for Finvasia Enquire for IIFL Securities

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