FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

5paisa Vs Finvasia Vs ICICIDirect: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of ICICIDirect ranges between Rs. 20. The broker 5paisa and Finvasia are a discount brokers where ICICIDirect is a full service broker. Overall rating for 5paisa is 4, Finvasia is rated 4, ICICIDirect is rated 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Finvasia vs ICICIDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Finvasia vs ICICIDirect on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Finvasia vs ICICIDirect in this setion with 360 degree view of broker information.

Compare 5paisa vs Finvasia vs ICICIDirect on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
ICICIDirect Compare
ICICIDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
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 India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect
Broker Enquiry Request call back from Zerodha Request call back from 5paisa Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

In this section we have compared 5paisa vs Finvasia vs ICICIDirect on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where ICICIDirect charges Rs 300 per annum AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Finvasia vs ICICIDirect
Charges 5paisa Finvasia ICICIDirect
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 Rs 300 per annum
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare 5paisa vs Finvasia vs ICICIDirect on Plan Options

Plans are the most important feature you look when compare 5paisa vs Finvasia vs ICICIDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa and ICICIDirect offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Finvasia vs ICICIDirect on Plan Options
Plan Types 5paisa Finvasia ICICIDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha 5paisa Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare 5paisa vs Finvasia vs ICICIDirecton 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: Finvasia allows customers to trade in different segments at free of cost.

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Brokerage Charges - Compare 5paisa vs Finvasia vs ICICIDirect
Brokerage Charges Compare 5paisa Finvasia ICICIDirect
Plan Name Basic Plan Zero Brokerage Trading Plan NEO Flat Discount Brokerage Plan
Equity Delivery Flat Fee Rs 20 Rs 0 0.55%
Equity Intraday Flat Fee Rs 20 Rs 0 Flat Rs. 20 per order
Equity Futures Flat Fee Rs 20 Rs 0 Free (Rs. 0 brokerage)
Equity Options Flat Fee Rs 20 Rs 0 Flat Rs. 20 per order
Currency Futures Flat Fee Rs 20 Rs 0 Flat Rs. 20 per order
Currency Options Flat Fee Rs 20 Rs 0 Flat Rs. 20 per order
Commodity Trading Flat Fee Rs 20 Rs 0 Flat Rs. 20 per order
Minimum Brokerage NA NA Rs 35 per trade
Hidden Charges No No
Call & Trade Charges Rs 100 per call(No limit of orders) Free First 20 call free and Rs 25 there onwards.
Auto Square off Charges Rs 100 per call(No limit of orders) Free First 20 call free and Rs 25 there onwards.
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia Brokerage Calculator for ICICIDirect
Expand

Share Broker's Transaction Charges

Compare 5paisa vs Finvasia vs ICICIDirect on Transaction Charges

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

Transaction Charges - Compare 5paisa vs Finvasia vs ICICIDirect
Transaction Charges Compare 5paisa Finvasia ICICIDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia Complete Brokerage Plans for icicidirect
Expand

Account Features

Compare 5paisa vs Finvasia vs ICICIDirect on Account Features

Compare 5paisa vs Finvasia vs ICICIDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where 5paisa and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa and ICICIDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and ICICIDirect offers NRI Trading where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa vs Finvasia vs ICICIDirect
Account Features Compare 5paisa Finvasia ICICIDirect
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. Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15 PM 3:15 PM 3:15PM
NRI Trading No Yes Yes
Other Features NIL NIL NIL
Expand

Trading Platform

Compare 5paisa vs Finvasia vs ICICIDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs ICICIDirect. 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 vs Finvasia vs ICICIDirect
Trading Platform Compare 5paisa Finvasia ICICIDirect
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

https://trade.finvasia.com/

https://www.icicidirect.com

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT ICICI direct Mobile
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo ICICI direct Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS 5paisa Mobile App Download Info Not Available iOS ICICI direct Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for ICICIDirect
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for ICICIDirect
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia Options Brokerage Calculator for ICICIDirect
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia Detail on Trading Platforms for icicidirect

Expand

Broker Ratings by Users

Compare 5paisa vs Finvasia vs ICICIDirect on User Rating

  5paisa Finvasia ICICIDirect
  27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia 267 Customer Reviews    Rate ICICIDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews
Expand

Investment Offerings

Compare 5paisa vs Finvasia vs ICICIDirect on Investment Offerings

Compare 5paisa vs Finvasia vs ICICIDirect 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - 5paisa and Finvasia offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect offers PMS facility where 5paisa and Finvasia doesn't offers PMS facility.

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

Customer Service Offered

Compare 5paisa vs Finvasia vs ICICIDirect on Customer Service

Compare 5paisa vs Finvasia vs ICICIDirect 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 vs Finvasia vs ICICIDirect
Customer Service Compare 5paisa Finvasia ICICIDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No Yes
Customer Care Number +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001 1860 123 1122
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://finvasia.com/announcements https://www.icicidirect.com/knowledge-center
Head Office 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
ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Website https://www.5paisa.com/ https://www.finvasia.com/ https://www.icicidirect.com
Expand

Tips/Research/Reports Published

Compare 5paisa vs Finvasia vs ICICIDirect on Research Reports, Tips

Compare 5paisa vs Finvasia vs ICICIDirect on research reports and tips provided by broker.

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

Demat Account

Compare 5paisa vs Finvasia vs ICICIDirect on Demat Account

Compare 5paisa vs Finvasia vs ICICIDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa vs Finvasia vs ICICIDirect
  5paisa Finvasia ICICIDirect
DP Source CDSL CDSL CDSL
DP ID 82500 84300 14301
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free ₹700 pa
Advance Deposit NIL Rs 0 Rs. 7500/- , If the client is not having ICICI BANK Account
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹15 per certificate ₹50 per set up
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction
Pledge Creation ₹12.50 per script ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Pledge Creation Confirmation NIL NIL 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure ₹12.50 per script ₹25 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure Confirmation NIL NIL 0.02% (Min ₹35 and Max ₹25,000)
Pledge Invocation NIL ₹19 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Failed Instruction Charges Nil ₹49 ₹30 per transaction
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia vs ICICIDirect on Special Offers and Promotion

Compare 5paisa vs Finvasia vs ICICIDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Finvasia vs ICICIDirect on Special Offers and Promotion
  5paisa Finvasia ICICIDirect
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for 5paisa Enquire for Finvasia Enquire for ICICIDirect

Last Updated on