Compare 3 Brokers

5paisa Vs Karvy: Which one is better?

The brokerage of 5paisa Max Rs 20 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.

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
  • 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 Karvy on Service

  5paisa Compare
5paisa
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE,BSE,MCX-SX,MCX,NCDEX
Active Clients 10,89,828
Broker Overview 5paisa Capital Ltd, a full-service discount broker offers online trading across equity, F&O, commodity, currency, and other segments at a flat-fee brokerage of Rs. 20/order. One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Karvy. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

Comparison of 5paisa with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening. Demat AMC charges - 5paisa charges Holding below 50K - Free, b/w 50k and 2L - Rs 8 el AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Karvy
Charges 5paisa Karvy
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Holding below 50K - Free, b/w 50k and 2L - Rs 8 el Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Karvy on Plan Options

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

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

Account Opening

  5paisa Karvy
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Karvy 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.

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 with Karvy
Brokerage Charges Compare 5paisa Karvy
Plan Name Basic Plan Basic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.3% or 30 paisa
Equity Intraday Flat Fee Rs 20 0.03% or 3 paisa
Equity Futures Flat Fee Rs 20 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 50 Per Lot
Currency Futures Flat Fee Rs 20 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 20 0.03% or 3 paisa
Minimum Brokerage NA NIL
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
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Share Broker's Transaction Charges

Compare 5paisa vs Karvy on Transaction Charges

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

Transaction Charges - Compare 5paisa with Karvy
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 90 Per Cr Rs 110 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 karvy
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Account Features

Compare 5paisa vs Karvy on Account Features

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 trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

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

Compare 5paisa vs Karvy on Trading Platform

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 links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Karvy
Trading Platform Compare 5paisa Karvy
Desktop Trading Platform 5paisaTradeStation Karvy NESTTrader
Desktop Demo Desktop Demo Desktop Demo
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.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App KarvyOnline
Mobile Trading App Demo 5paisa Mobile App Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS 5paisa Mobile App Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare 5paisa vs Karvy on User Rating

  5paisa Karvy
  27 Customer Reviews    Rate 5paisa 3 Customer Reviews    Rate Karvy
Fees Ratings 3.1 2.7
Trading Brokerage Rating 3.9 2.3
Trading Platform Usability 3.3 2.3
Customer Service Ratings 2.7 3.7
Overall Ratings Rated 3.2 stars Rated 2.7 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare 5paisa vs Karvy on Investment Offerings

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 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) - Karvy provides PMS Service where 5paisa doesn't offer

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

Compare 5paisa vs Karvy on Order Types

Order Type - Compare 5paisa with Karvy 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)- 5paisa offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Karvy
Order Type Compare 5paisa Karvy
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 No
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare 5paisa vs Karvy on Margin/Leverage

Compare 5paisa with Karvy on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare 5paisa with Karvy
Margin Product Compare 5paisa Karvy
Equity Delivery Margin 5paisa vs Karvy - Equity Delivery Margin up to 4x on equity delivery with 5paisa. Up to 4x leverage for equity delivery.
Equity Intraday Margin 5paisa vs Karvy - Equity Intraday Margin Up to 20x leverage for equity MIS. Up to 10x or 10% subject to Var and ELM.
Futures Margin 5paisa vs Karvy - Futures Margin Up to 4x leverage for futures. 1x means actual SPAN + Exposure.
Options Margin 5paisa vs Karvy - Options Margin Up to 4x Exposure for Options shorting, No leverage for option buying. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin 5paisa vs Karvy - Equity CO Margin Info Not Available Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin 5paisa vs Karvy - Futures CO Margin Info Not Available 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin 5paisa vs Karvy - Options CO Margin Info Not Available 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin 5paisa vs Karvy - Commodity Margin Up to 4x exposure for current and near month expiry. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare 5paisa vs Karvy on Customer Service

Compare 5paisa with Karvy 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 Karvy
Customer Service Compare 5paisa Karvy
24/7 Customer Service 5paisa vs Karvy - 24x7 customer support No No
Email Support 5paisa vs Karvy - Email Support Yes Yes
Onine Live Chat 5paisa vs Karvy - Onine Live Chat No No
Phone Support 5paisa vs Karvy - Phone Support Yes Yes
Toll Free Number 5paisa vs Karvy - Toll Free Number No Yes
Through Branches 5paisa vs Karvy - Through Branches No Yes
Customer Care Number 5paisa vs Karvy - Customer Care Number +91 89766 89766 18004198283/7093706007/18004198283
Account Opening Process 5paisa vs Karvy - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Karvy - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://www.karvyonline.com/knowledge-center/index
Head Office Address 5paisa vs Karvy - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website 5paisa vs Karvy - Company Website https://www.5paisa.com/ www.karvyonline.com
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Tips/Research/Reports Published

Compare 5paisa vs Karvy on Research Reports, Tips

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

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

Compare 5paisa vs Karvy on Demat Account

Compare 5paisa with Karvy on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Karvy
  5paisa Karvy
DP Source CDSL CDSL
DP ID 5paisa vs Karvy - DP ID 82500 33200
Demat Account Annual Maintenance Charges(AMC) Monthly Plan - ₹45 (In case of any transaction in a month) ₹365 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 + CDSL charges ₹15 per transaction
Demat ₹15 per certificate ₹5 per certificate + ₹40 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation NIL 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Karvy on Special Offers and Promotion

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

Compare 5paisa vs Karvy on Special Offers and Promotion
  5paisa Karvy
Pay In and Pay Out Options 5paisa vs Karvy - 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 5paisa vs Karvy - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs Karvy - 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 Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Info Not Available
Likes

Detail Review...

Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.

Detail Review...

Dislikes
  • Chargeable call & trade service.
  • The broker doesn’t have any branches.
  • 3-in-1 account opening facility is unavailable.
  • The broker doesn’t facilitate NRI trading.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer.
Enquiry Enquire about 5paisa Enquire about Karvy

Last Updated on 2021-02-03T01:52:20+00:00


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