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5paisa Vs Finvasia: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Finvasia Max Rs 0 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 17,18,734 where number of active customer for Finvasia is 25,639. 5paisa is serving more customer compare to Finvasia.

Here we present side-by-side comparison of 5paisa vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Finvasia's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Finvasia share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Finvasia's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Finvasia on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 5 stars
Trading Platform Rated 4 stars Rated 4 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 3 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 17,18,734 25,639
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 an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...Know more about Finvasia
Broker Enquiry Request call back from 5paisa Request call back from Finvasia
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Account Opening Charges and AMC

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

Comparison of 5paisa with Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Finvasia
Charges 5paisa Finvasia
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Free
Trading AMC Free Free
Demat Account Opening Fees Free Rs 0 (Rs 199 for POA)
Demat AMC Rs 300 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Finvasia on Plan Options

Plans are the most important feature you look when compare 5paisa with Finvasia. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Finvasia doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  5paisa Finvasia
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Finvasia on 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

Brokerage Charges - Compare 5paisa with Finvasia
Brokerage Charges Compare 5paisa Finvasia
Plan Name Basic Plan Zero Brokerage Trading Plan
Equity Delivery Flat Fee Rs 20 Rs 0
Equity Intraday Flat Fee Rs 20 Rs 0
Equity Futures Flat Fee Rs 20 Rs 0
Equity Options Flat Fee Rs 20 Rs 0
Currency Futures Flat Fee Rs 20 Rs 0
Currency Options Flat Fee Rs 20 Rs 0
Commodity Trading Flat Fee Rs 20 Rs 0
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Call and Trade is free of cost
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia
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Share Broker's Transaction Charges

Compare 5paisa vs Finvasia on Transaction Charges

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

Transaction Charges - Compare 5paisa with Finvasia
Transaction Charges Compare 5paisa Finvasia
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 90 Per Cr Rs 115 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Rs 260 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
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Account Features

Compare 5paisa vs Finvasia on Account Features

Compare 5paisa with Finvasia on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Finvasia
Account Features Compare 5paisa Finvasia
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.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Finvasia on Trading Platform

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

Trading Platform - Compare 5paisa with Finvasia
Trading Platform Compare 5paisa Finvasia
Desktop Trading Platform 5paisaTradeStation OMNESYS NEST
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://trade.finvasia.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod SCALPERT Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS 5paisa Mobile App Download Info Not Available
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare 5paisa vs Finvasia on User Rating

  5paisa Finvasia
  27 Customer Reviews    Rate 5paisa 8 Customer Reviews    Rate Finvasia
Fees Ratings 3.1 3.8
Trading Brokerage Rating 3.9 4.3
Trading Platform Usability 3.3 3.9
Customer Service Ratings 2.7 3.8
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Finvasia is Rated 4.0 / 5 based on 8 customer reviews
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Investment Offerings

Compare 5paisa vs Finvasia on Investment Offerings

Compare 5paisa with Finvasia 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare 5paisa vs Finvasia on Order Types

Order Type - Compare 5paisa with Finvasia on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare 5paisa vs Finvasia on Customer Service

Compare 5paisa with Finvasia on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Finvasia
Customer Service Compare 5paisa Finvasia
24/7 Customer Service 5paisa vs Finvasia - 24x7 customer support No No
Email Support 5paisa vs Finvasia - Email Support Yes Yes
Onine Live Chat 5paisa vs Finvasia - Onine Live Chat No Yes
Phone Support 5paisa vs Finvasia - Phone Support Yes Yes
Toll Free Number 5paisa vs Finvasia - Toll Free Number No No
Through Branches 5paisa vs Finvasia - Through Branches No No
Customer Care Number 5paisa vs Finvasia - Customer Care Number +91 89766 89766 +911726670000/+911724770000/+919779097777
Account Opening Process 5paisa vs Finvasia - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Finvasia - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Finvasia - Knowledge Center/Education https://www.5paisa.com/knowledge-centre Info Not Available
Head Office Address 5paisa vs Finvasia - Head Office Address/Corporate 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
Website 5paisa vs Finvasia - Company Website https://www.5paisa.com/ https://www.finvasia.com/
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Tips/Research/Reports Published

Compare 5paisa vs Finvasia on Research Reports, Tips

Compare 5paisa with Finvasia on research reports and tips provided by the broker.

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

Compare 5paisa vs Finvasia on Demat Account

Compare 5paisa with Finvasia on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for 5paisa is ₹300 pa. Finvasia is a better choice in terms of Demat AMC compare to 5paisa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

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

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia on Special Offers and Promotion

Compare 5paisa with Finvasia on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Finvasia on Special Offers and Promotion
  5paisa Finvasia
Pay In and Pay Out Options 5paisa vs Finvasia - 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.
Payout Time 5paisa vs Finvasia - Payout Time Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays.
Bank Supported and Charges 5paisa vs Finvasia - 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.
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
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

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...

  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer. Free Account Opening+Free Demat AMC+Free Trading.
Enquiry Enquire for 5paisa Enquire for Finvasia

Last Updated on 2022-05-25T01:20:20+00:00


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