The brokerage of 5paisa Max Rs 10 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. 5paisa is a Discount Broker where Karvy is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5.
Here we present side-by-side comparison of 5paisa vs Karvy 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 Karvy'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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||NSE,BSE,MCX-SX,MCX,NCDEX|
|Broker Overview||5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer...||KSBL is one of the largest stock broking houses in India offering services in stock broking, depository participant, distribution of financial products, advisory and private client group. The Broker is well known for its leading edge advice and high ...|
In this section we have compared 5paisa with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where 5paisa charges Rs 650 (Free Now Promotion Offer) for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 650 (Free Now Promotion Offer)||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 45 PM if Trade, else Zero||Rs 500 PA|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with Karvy. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 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.
Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.
|Brokerage Charges Compare||5paisa||Karvy|
|Plan Name||Flat Fee Rs 10 Trading Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 10||0.3% or 30 paisa|
|Equity Intraday||Flat Fee Rs 10||0.03% or 3 paisa|
|Equity Futures||Flat Fee Rs 10||0.03% or 3 paisa|
|Equity Options||Flat Fee Rs 10||Rs 50 Per Lot|
|Currency Futures||Flat Fee Rs 10||0.03% or 3 paisa|
|Currency Options||Flat Fee Rs 10||Rs 50 Per Lot|
|Commodity Trading||Flat Fee Rs 10||0.03% or 3 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Call 18004198283 number for Call and Trade, SMS Order faclity also available|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for Karvy|
|SPAN Margin Calculator||SPAN Margin Calculator for 5paisa||SPAN Margin Calculator for Karvy|
Compare 5paisa with Karvy on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||Karvy|
|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 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for karvy|
Compare 5paisa with Karvy 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||5paisa||Karvy|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15 PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Karvy. 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||Karvy|
|Desktop Trading Platform||5paisaTradeStation||Karvy NESTTrader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://trade.karvyonline.com/KARVY/Login/indexauth.jsp|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||5paisa Mobile App||KarvyOnline|
|Mobile Trading App Demo||5paisa Mobile App Demo||KarvyOnline Demo|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod KarvyOnline Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App Download||iOS KarvyOnline Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for 5paisa||Equity Intraday and Delivery Brokerage Calculator for Karvy|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for Karvy|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for Karvy|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for karvy|
|22 Customer Reviews||3 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||5paisa is Rated 3.4 / 5 based on 22 customer reviews||Karvy is Rated 2.7 / 5 based on 3 customer reviews|
Compare 5paisa with Karvy 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where 5paisa doesn't offer
|Investment Offerings Compare||5paisa||Karvy|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Insurance|
Order Type - Compare 5paisa with Karvy 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a 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 its cleare 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 higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- 5paisa offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- 5paisa offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||Karvy|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre 5paisa with Karvy on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||5paisa||Karvy|
|Equity Delivery Margin||Up to 3.5x via Margin Funding.||Up to 4x leverage for equity delivery.|
|Equity Intraday Margin||Up to 20x leverage for equity.||Up to 13x leverage for equity.|
|Futures Margin||Up to 3x leverage (of NRML Margin) for futures.||Up to 2x leverage for futures.|
|Options Margin||Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying.||2x margin for options shorting, no leverage for option buying.|
|Equity CO Margin||Up to 33x margin/leverage in CO order for selected equity scripts.||Up to 20x margin/leverage for equity CO for selected equity scripts.|
|Futures CO Margin||Up to 33x margin/leverage (of complete order) in CO order for futures contracts.||Up to 20x margin/leverage for future CO.|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Up to 20x leverage for commodity.||Up to 30x margin/leverage for commodity trading.|
Compare 5paisa with Karvy 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 Service Compare||5paisa||Karvy|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+91 89766 89766"||18004198283/7093706007/18004198283|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
Compare 5paisa with Karvy on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare 5paisa with Karvy on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Rs 45 PM when trade, else Zero- Now charging monthly, No dependency on holdings||1) For Individuals other than NRI: Rs. 500/- p.a; 2) For NRI A/c: Rs.1500/- p.a; 3) For Corporate A/c: Rs.5000/- p.a.; 4) For Foreign Corporate Body A/c: Rs.10000/- p.a.|
|Transaction Charges on Debit (Per ISIN)||0.025% or Rs. 25 whichever is Higher||1) If sold through KSBL, for "KSBL POA" registered Account: Rs.12/- per instruction; 2) For all other transactions Rs.30/- per instruction upto a value of Rs.30,000/- or part thereof, Rs.10/- for every additional value of Rs.30,000/- or part thereof, subject to Minimum of Rs.30/- and Maximum of Rs.1000/- per instruction; 3) For BSDA Accounts Rs.100/- per instruction; 4) For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs.100/- per instruction|
|Demat||Rs 15/- per cert + Rs 40/- as postal charges||1) Rs. 5 per certificate + Rs.40/- for Postage/Courier charges; 2) For BSDA Accounts: Rs.10/- per certificate + Rs.50/- Postage/Courier charges|
|Remat||Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges||Rs.20/- for every 100 securities or Rs.20/- per certificate whichever is higher|
|Pledge Creation||Rs 50/-||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction|
|Pledge Creation Confirmation||NIL||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction|
|Pledge Closure||NIL||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction|
|Pledge Closure Confirmation||NIL||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction|
|Pledge Invocation||NIL||0.03% of value of securities, Minimum Rs.100/- and a Maximum of Rs.5000/- Per instruction|
|Failed Instruction Charges||NIL||Rs.100/- per instruction|
|Other Charges||Postal Charges Rs 40||1) Rs.100/- per Demat Rejection ; 2) Rs.100/- per Client Modification Request; 3) Rs.100/- per DIS Lost Request ; 4) Rs.100/- per request for physical statements (SOT/SOH )|
Compare 5paisa with Karvy on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Around 40+ bank are prefered parter with Karvy Stock Broking.|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|Info Not Available|
Customer centric, leading edge technology, top-notch research team, professional management and a wide network of offices across India.
no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges
|Special Offers/Promo||Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer.|
|Enquiry||Enquire about 5paisa||Enquire about Karvy|
Last Updated on 2019-07-04T01:57:30+00:00