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

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

Here we present side-by-side comparison of IIFL Securities vs 5paisa vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs 5paisa vs Groww 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 IIFL Securities vs 5paisa vs Groww in this setion with 360 degree view of broker information.

Compare IIFL Securities vs 5paisa vs Groww on Service

  IIFL Securities Compare
IIFL Securities
5paisa Compare
5paisa
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE
Broker Overview 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 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 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... Know more about Groww
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 IIFL Securities vs 5paisa vs Groww on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs 5paisa vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, 5paisa charges Rs 300 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs 5paisa vs Groww
Charges IIFL Securities 5paisa Groww
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs 5paisa vs Groww on Plan Options

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

Compare IIFL Securities vs 5paisa vs Groww on Plan Options
Plan Types IIFL Securities 5paisa Groww
Multiple Plans No Yes 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 IIFL Securities vs 5paisa vs Growwon Brokerage Charges

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

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.

Brokerage Charges - Compare IIFL Securities vs 5paisa vs Groww
Brokerage Charges Compare IIFL Securities 5paisa Groww
Plan Name IIFL iSERVE Brokerage Plan Basic Plan Flat Brokerage Plan
Equity Delivery Flat Rs 20 per order Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Rs 20 per order Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs 20 per order Flat Fee Rs 20 Not Available
Currency Options Flat Rs 20 per order Flat Fee Rs 20 Not Available
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 Not Available
Minimum Brokerage NA
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA NA
Call & Trade Charges Rs 50 Per Call + GST Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Auto Square off Charges Rs 50 Per Call + GST Rs 100 per call(No limit of orders) Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for 5paisa Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare IIFL Securities vs 5paisa vs Groww on Transaction Charges

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

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

Compare IIFL Securities vs 5paisa vs Groww on Account Features

Compare IIFL Securities vs 5paisa vs Groww 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 -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities offers NRI Trading where 5paisa and Groww doesn't offers NRI Trading.

Account Features - IIFL Securities vs 5paisa vs Groww
Account Features Compare IIFL Securities 5paisa Groww
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
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Trading Platform

Compare IIFL Securities vs 5paisa vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs 5paisa vs Groww. 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 IIFL Securities vs 5paisa vs Groww
Trading Platform Compare IIFL Securities 5paisa Groww
Desktop Trading Platform IIFL Trader terminal 5paisaTradeStation Groww App
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

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

Yes

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets 5paisa Mobile App Groww App
Mobile Trading App Demo IIFL Markets Demo 5paisa Mobile App Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod 5paisa Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS 5paisa Mobile App Download iOS Groww App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for 5paisa Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare IIFL Securities vs 5paisa vs Groww on User Rating

  IIFL Securities 5paisa Groww
  82 Customer Reviews    Rate IIFL Securities 27 Customer Reviews    Rate 5paisa 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews 5paisa is Rated 3.2 / 5 based on 27 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
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Investment Offerings

Compare IIFL Securities vs 5paisa vs Groww on Investment Offerings

Compare IIFL Securities vs 5paisa vs Groww 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 - IIFL Securities and 5paisa offers Commodity Trading where Groww doesn't 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 Groww doesn't offers PMS facility.

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

Compare IIFL Securities vs 5paisa vs Groww on Order Types

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

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

Compare IIFL Securities vs 5paisa vs Groww on Customer Service

Compare IIFL Securities vs 5paisa vs Groww 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 IIFL Securities vs 5paisa vs Groww
Customer Service Compare IIFL Securities 5paisa Groww
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 022-40071000 +91 89766 89766 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.5paisa.com/knowledge-centre https://groww.in/academy
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
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
Website https://www.indiainfoline.com/ https://www.5paisa.com/ https://groww.in/
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Tips/Research/Reports Published

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

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

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

Compare IIFL Securities vs 5paisa vs Groww on Demat Account

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

Demat Charges - Compare IIFL Securities vs 5paisa vs Groww
  IIFL Securities 5paisa Groww
DP Source CDSL CDSL CDSL
DP ID 44700 82500 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa Zero
Advance Deposit Nil NIL Nil
Statutory charges Nil Nil Legal Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12.50 per ISIN ₹8 + ₹5.50 CDSL charges
Demat ₹15 per certificate + ₹40 courier charges ₹15 per certificate ₹150 per certificate + courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + courier charges
Pledge Creation ₹50 ₹12.50 per script ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Nil ₹12.50 per script ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation Nil NIL ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil Nil ₹50
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare IIFL Securities vs 5paisa vs Groww on Special Offers and Promotion
  IIFL Securities 5paisa Groww
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
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
Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. 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.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
NA
Likes
  • 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...

  • 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...

Dislikes
  • 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...

  • 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...

Special Offers/Promo
Enquire for IIFL Securities Enquire for 5paisa Enquire for Groww

Last Updated on 2023-09-14T04:42:55+00:00