5paisa Vs Fyers Vs Groww: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “5paisa Vs Fyers Vs Groww: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare 5paisa vs fyers vs groww on service, account opening charges and amc, compare 5paisa vs fyers vs groww on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare 5paisa vs Fyers vs Groww on Service
- Account Opening Charges and AMC
- Compare 5paisa vs Fyers vs Groww on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare 5paisa vs Fyers vs Groww on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare 5paisa vs Fyers vs Groww on Transaction Charges
- Account Features
- Compare 5paisa vs Fyers vs Groww on Account Features
- Trading Platform
- Compare 5paisa vs Fyers vs Groww on Trading Platform
- Broker Ratings by Users
- Compare 5paisa vs Fyers vs Groww on User Rating
- Investment Offerings
- Compare 5paisa vs Fyers vs Groww on Investment Offerings
- Margin Trading Facility
- Compare 5paisa vs Fyers vs Groww on MTF
- API
- Compare 5paisa vs Fyers vs Groww on API Details
- Customer Service Offered
- Compare 5paisa vs Fyers vs Groww on Customer Service
- Tips/Research/Reports Published
- Compare 5paisa vs Fyers vs Groww on Research Reports, Tips
- Demat Account
- Compare 5paisa vs Fyers vs Groww on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare 5paisa vs Fyers vs Groww on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- Low-cost trading with Rs 20 maximum brokerage charged.
- Trade or invest in NSE and BSE listed stocks and F&O
- No 3-in-1 account offering
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- 💹 Max ₹20 Brokerage per Order on All Trades
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment | 5paisa | Fyers | Groww |
|---|---|---|---|
| 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 | Free |
| Provide DP Service | Yes | Yes | Yes |
| Plan Types | 5paisa | Fyers | Groww |
|---|---|---|---|
| Multiple Plans | No | No | No |
| Monthly Plans | No | No | No |
| Yearly Plans | No | No | No |
| 5paisa | Fyers | Groww | |
|---|---|---|---|
| Account Opening Request | Link to open account | Link to open account | Link to open account |
| Transaction Charges Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium | NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr | NSE:35 | BSE:45 Per Cr |
| Currency Options | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr | NSE:3110 | BSE:100 Per Cr |
| Commodity | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr | MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for 5paisa | Complete Brokerage Plans for fyers | Complete Brokerage Plans for groww |
| Account Features Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| 3 in 1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | No |
| SMS Alerts | Yes | No | No |
| Online Demo | Yes | Yes | No |
| Online Portfolio | Yes | No | 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 | 3:10 PM |
| NRI Trading | No | Yes | No |
| Other Features | NIL | Fyers 30 Day Challenge | NIL |
| Trading Platform Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | https://login.5paisa.com/ | Fyers Web | Yes |
| Web Trading Demo | Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | 5paisa Mobile App | Fyers Mobile App | Groww App |
| Mobile Trading App Demo | 5paisa Mobile App | Fyers Mobile App | Groww App |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Android 5paisa Mobile App Download | Android Fyers Mobile App Download | Android Groww App Download |
| iPhone Mobile App (IOS) | Yes | Yes | Yes |
| iOS App Download | iOS 5paisa Mobile App Download | iOS Fyers 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 5paisa | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for 5paisa | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Option Brokerage Calculator for 5paisa | Option Brokerage Calculator for Fyers | Option Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for 5paisa | Detail on Trading Platforms for Fyers | Detail on Trading Platforms for Groww |
| 5paisa | Fyers | Groww | |
|---|---|---|---|
| 28 Customer reviews Rate | 11 Customer reviews Rate | 14 Customer reviews Rate | |
| Fees Ratings | 3.2 | 3.5 | 4.2 |
| Trading Brokerage Rating | 3.9 | 3.6 | 3.6 |
| Trading Platform Usability | 3.4 | 3.5 | 3.9 |
| Customer Service Ratings | 2.8 | 3.5 | 3.4 |
| Overall Rating | 3.2 | 3.2 | 4.0 |
| Broker Rating | 5paisa is Rated 3.2 / 5 based on 28 customer reviews | Fyers is Rated 3.2 / 5 based on 11 customer reviews | Groww is Rated 4.00 / 5 based on 14 customer reviews |
| Investment Offerings Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | No |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bonds / NCD | Yes | No | No |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | Yes | No | No |
| Forex | No | No | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | No | Yes |
| PMS Service | No | No | No |
| Other Investment Options | Smallcase, US stocks | NIL | NIL |
| MTF Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| MTF Leverage | Up to 4x leverage on 1500+ stocks | Up to 4x leverage on 1600+ stocks | Upto 4x leverage with MTF |
| MTF Interest Rate | 0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates | 12.49% – 16.49% per annum (Slab-based MTF Interest rates) | 0.041% per day (14.95% per annum) |
| MTF Segment | Equity Delivery (NSE and BSE) | Equity Delivery | Equity Delivery |
| MTF Pledge Charges | ₹25 per scrip | ₹12 per stock | ₹20 per order |
| MTF Unpledged Charges | ₹25 per scrip | ₹12 per stock | ₹20 per order |
| Maximum MTF Funding | NA | Upto ₹50 Lakh per account | NA |
| API Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| API Type | Trading API (Order management, Market Data, and portfolio API) Market Data API | Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. | Trading APIs Portfolio API Ordering API Live Data API Smart Order API Historical Data APIs |
| API Charges | Free | Free | ₹499/month |
| Customer Service Compare | 5paisa | Fyers | Groww |
|---|---|---|---|
| 24/7 Customer Service | No | No | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | No | No | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | No | No | No |
| Through Branches | No | No | No |
| Customer Care Number | +91 89766 89766 | 08060001111 | 9108800604 |
| Account Opening Process | Online/Paperless | 100% online and paperless proc | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.5paisa.com/knowledge-centre | https://fyers.in/school-of-stocks/ | https://groww.in/digest |
| Head Office Address | 5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 | Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://www.5paisa.com/ | https://fyers.in/ | https://groww.in/ |
| 5paisa | Fyers | Groww | |
|---|---|---|---|
| Research Mutual Funds | Yes | No | No |
| Research Equity Reports | Yes | No | No |
| Research ETF | No | No | No |
| Daily Market Report | Yes | No | No |
| Free Tips | Yes | No | No |
| Quarterly Result Analysis | No | No | No |
| News Alerts | Yes | Yes | No |
| 5paisa | Fyers | Groww | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 82500 | 89400 | 88700 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free | Zero |
| Advance Deposit | NIL | Nil | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹12.50 per ISIN | ₹7 + ₹5.50 (CDSL Charges) per transaction | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹15 per certificate | ₹0 | ₹150 per certificate + courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate whichever is higher | ₹0 | ₹150 per certificate + courier charges |
| Pledge Creation | ₹12.50 per script | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | NIL | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹12.50 per script | Nil | ₹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 | Stamp Charges ₹50, | Nil |
| 5paisa | Fyers | Groww | |
|---|---|---|---|
| Likes | Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. Detail Review… | Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… | Easy onboarding process Low-cost trading with Rs 20 maximum brokerage charged. Trade or invest in NSE and BSE listed stocks and F&O Zero platform fee to use Groww app Get instant and flexible loans on Groww GTT order, basket order, and stop-loss order Buy with upto 4x leverage with Margin Trading Funding (MTF) Detail Review… |
| Dislikes | Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… | No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review… | No NRI Trading No intraday tips, calls, research & advisory Does not provide desktop exe based platform. No customer helpline number Groww is not onboarding new users for US trading account. Detail Review… |
| Special Offers/Promo | 🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! | 🔷 Current Promotion Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! | 🎁 Current Offer from Groww for InvestorGain Visitors: ✅ Free Groww Demat & Trading Account 📭 Zero Demat AMC for Lifetime 💹 Max ₹20 Brokerage per Order on All Trades 🌱 Free Mutual Funds & IPO Investments 🚀 Open Instant Groww Account Now! |
| Open 5paisa Account Now | Open Fyers Account Now | Open Groww Account Now |
Source record: View original public source ↗