5Paisa vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of 5Paisa vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of 5Paisa and Groww.

Background

Year of Incorporation 2007 2017
Website https://www.5paisa.com/ https://groww.in/
Phone 89766 89766 +91 9108800604
Exchanges enabled NSE, BSE NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 20 per order Rs 20 or 0.05% per order
Equity Futures Rs 20 per order Rs 20 per executed order
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per order Not Available
Currency Options Rs 20 per order Not Available
Commodity Rs 20 per order Not Available
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs. 0
Commodity Free Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on Turnover 0.00325%
Futures 0.0021% on Contract Turnover 0.0035%
Options 0.053% on Premium Turnover 0.07%
Commodities 0.0031% on Contract turnover 0.004%
AMC charge Rs 300 per year Rs 0
DP Transaction Charge Rs 12.5 per debit instruction Rs.13.5 per Scrip
Offline order placing Charge Rs 20 per executed order Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days on Zerodha Pi 22 days
End of Day 10 years on Zerodha Pi 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for intraday & 1x for Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 2x intraday leverage Upto 2x for intraday
Equity Options Buying no leverage, Shorting upto 5x leverage intrdaday No leverage
Currency Futures 1x intraday leverage Upto 2x for intraday
Currency Options Buying no leverage, Shorting upto 2x intraday leverage No leverage
Commodity Upto 2x intraday leverage Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 12.53 Lakh Rs 70.6 crores
Profit after Tax FY12/13 Rs 16.57 Lakh Rs 78.48 crores
Profit after Tax FY13/14 Rs 15.13 Lakh Rs 83.78 Crore
Profit after Tax FY 14/15 Rs 23.69 Lakh Rs 95.92 Crore
Profit after Tax FY 15/16 Rs 19.69 Lakh Rs 102.85 Crore
Profit after Tax FY 16/17 Rs 16.62 Lakh Rs 110.14 Crore
Profit after Tax FY 17/18 Rs 23.00 Lakh Rs 126.09 Crore
Profit after Tax FY 18/19 Rs 21.18 Lakh Rs 145.68 Crore
Profit after Tax FY 19/20 Rs 20.71 Lakh Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 22.81 Lakh Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 30.18 Lakh Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 29.48 Lakh Rs 205.65 Crore
Debt FY11/12 Rs 24.53 Lakh Rs 101 Crores
Debt FY12/13 Rs 29.87 Lakh Rs 161.5 Crores
Debt FY13/14 Rs 26.44 Lakh Rs 282.93 Crores
Debt FY14/15 Rs 32.35 Lakh Rs 249.48 Crores
Debt FY15/16 Rs 31.55 Lakh Rs 241.73 Crores
Debt FY16/17 Rs 31.59 Lakh Rs 314.26 Crores
Debt FY17/18 Rs 34.44 Lakh Rs 369.77 Crores
Debt FY18/19 Rs 38.04 Lakh Rs 397.16 Crores
Debt FY19/20 Rs 35.88 Lakh Rs 451.39 Crores
Debt FY20/21 Rs 42.27 Lakh Rs 537.47 Crores
Debt FY21/22 Rs 40.85 Lakh Rs 577.59 Crores
Debt FY22/23 Rs 44.35 Lakh Rs 580.11 Crores
Profit to Equity(%) FY11/12 44.15 12.90%
Profit to Equity(%) FY12/13 40.37 12.38%
Profit to Equity(%) FY13/14 39.43 14.86%
Profit to Equity(%) FY14/15 45.22 17.05%
Profit to Equity(%) FY15/16 42.44 14.29%
Profit to Equity(%) FY16/17 48.43 19.11%
Profit to Equity(%) FY17/18 46.75 21.51%
Profit to Equity(%) FY18/19 46.08 18.17%
Profit to Equity(%) FY19/20 47.00 18.49%
Profit to Equity(%) FY20/21 54.81 28.58%
Profit to Equity(%) FY21/22 50.42 32.31%
Profit to Equity(%) FY22/23 50.80 22.24%
Balance Sheet Size FY11/12 Rs 49.45 Lakh Rs 2264 Crores
Balance Sheet Size FY12/13 Rs 54.96 Lakh Rs 2596.15 Crores
Balance Sheet Size FY13/14 Rs 57.64 Lakh Rs 2803.40 Crores
Balance Sheet Size FY14/15 Rs 51.94 Lakh Rs 2936.36 Crores
Balance Sheet Size FY15/16 Rs 54.63 Lakh Rs 3133.57 Crores
Balance Sheet Size FY16/17 Rs 59.80 Lakh Rs 3544.52 Crores
Balance Sheet Size FY17/18 Rs 63.56 Lakh Rs 3952.01 Crores
Balance Sheet Size FY18/19 Rs 60.17 Lakh Rs 4280.32 Crores
Balance Sheet Size FY19/20 Rs 57.07 Lakh Rs 4476 Crores
Balance Sheet Size FY20/21 Rs 62.60 Lakh Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 67.69 Lakh Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 67.75 Lakh Rs 5994.78 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, 5Paisa or Groww?

5Paisa Securities and Groww are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do 5Paisa and Groww offer mobile trading apps?

Yes, both 5Paisa Securities and Groww provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Groww and 5Paisa?

The account opening charges by brokers 5Paisa and Groww for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both 5Paisa and Groww are SEBI-registered brokers with good reputations. 5Paisa is known for its trading platforms, while Groww is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both 5Paisa and Groww offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.