Compare 3 Brokers

5paisa Vs Karvy: Which one is better?

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.

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 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... Know more about 5paisa 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 ...Know more about Karvy
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

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 & Demat Account Opening Charges - Compare 5paisa with Karvy
Charges 5paisa Karvy
Trading Account Opening Fees Rs 650 (Free Now Promotion Offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 45 PM if Trade, else Zero 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 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.

Compare 5paisa with Karvy on Plan Options
Plan Types 5paisa Karvy
Multiple Plans No 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 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 with Karvy
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
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 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
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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 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 - 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 No 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 link 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

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Broker Ratings by Users

Compare 5paisa vs Karvy on User Rating

  5paisa Karvy
  22 Customer Reviews    Rate 5paisa 3 Customer Reviews    Rate Karvy
Fees Ratings 3.3 2.7
Trading Brokerage Rating 4.0 2.3
Trading Platform Usability 3.5 2.3
Customer Service Ratings 2.9 3.7
Overall Ratings Rated 3.4 stars Rated 2.7 stars
Broker Rating 5paisa is Rated 3.4 / 5 based on 22 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 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 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 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 Types - Compare 5paisa with Karvy
Order Type Compare 5paisa Karvy
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes No
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare 5paisa vs Karvy on Margin/Leverage

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.

Exposure/margin - Compare 5paisa with Karvy
Margin Product Compare 5paisa Karvy
Equity Delivery Margin 5paisa vs Karvy - Equity Delivery Margin Up to 3.5x via Margin Funding. Up to 4x leverage for equity delivery.
Equity Intraday Margin 5paisa vs Karvy - Equity Intraday Margin Up to 20x leverage for equity. Up to 13x leverage for equity.
Futures Margin 5paisa vs Karvy - Futures Margin Up to 3x leverage (of NRML Margin) for futures. Up to 2x leverage for futures.
Options Margin 5paisa vs Karvy - 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 5paisa vs Karvy - 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 5paisa vs Karvy - 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 5paisa vs Karvy - Options CO Margin Info Not Available Info Not Available
Commodity Margin 5paisa vs Karvy - Commodity Margin Up to 20x leverage for commodity. Up to 30x margin/leverage for commodity trading.
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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 compare type of service offered by each broker for quick resoluation for queries/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 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 cover 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) 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.
Advance Deposit NIL NIL
Statutory charges NIL NIL
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 )

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Karvy on Special Offers and Promotion

Compare 5paisa with Karvy on general features, advantages, disadvantages, pay out 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
  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

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

Detail Review...

Dislikes
  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Detail Review...

no clear view of brokerage charges, not a 3 in 1 account; minimum brokerage charges

Detail Review...

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







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