Broker comparison
Groww vs 5paisa (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Groww and 5paisa from published official pricing and features — no affiliation with either broker.
- 0 – 0Cheaper on example trades (Groww – 5paisa)
- 4 – 4Published features (of 9)
| Metric | Groww | 5paisa |
|---|---|---|
| Delivery brokerage | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 | ₹20 per order (flat) |
| Intraday brokerage | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 | ₹20 per order (flat) |
| F&O brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| AMC | ₹0 | ₹25 per month + GST (per official pricing; BSDA conditions apply) |
| Account opening | Free (online) | Free (online) |
| Trading API | Groww Trade API — ₹499 + taxes per month (per official page) | 5paisa Xstream API — Free (per official page) |
| Reported execution speed | < 50 ms (self-reported)self-reported | ≈ 85 ms (median) |
| Algo support | Limited - API access is newer than peers | Yes - via Xstream API |
| Platforms | Groww app, Groww web | 5paisa app, 5paisa web, FnO 360 |
| Best for (published) | Beginners and long-term investors who want one simple app for stocks and mutual funds. | Cost-conscious traders comfortable with a subscription add-on model. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | Groww | 5paisa | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹82.97 | Tie |
| Delivery: ₹50,000 buy & sell | ₹178.98 | ₹178.98 | Tie |
| Options: premium ₹100 × 75 | ₹66.43 | ₹66.43 | Tie |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,067.15 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Groww | 5paisa |
|---|---|---|
| Free delivery | – | – |
| Zero AMC | ✓ | – |
| Free API | – | ✓ |
| TradingView | – | – |
| MCX commodity | – | ✓ |
| Mutual funds | ✓ | ✓ |
| IPO | ✓ | – |
| Research desk | – | – |
| Published speed | ✓ | ✓ |
What the published data shows
Both publish execution-speed figures (Groww: < 50 ms (self-reported); 5paisa: ≈ 85 ms (median)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Groww full profile
- 5paisa full profile
- Groww brokerage calculator
- 5paisa brokerage calculator
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Frequently asked questions
Groww vs 5paisa: which has lower delivery brokerage?
At our last review, Groww published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and 5paisa as "₹20 per order (flat)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Groww or 5paisa have a trading API?
Both have documented APIs at review time: Groww (Groww Trade API), 5paisa (5paisa Xstream API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Groww or 5paisa?
Groww publishes < 50 ms (self-reported); 5paisa publishes ≈ 85 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Is Groww cheaper than 5paisa?
On our four example trades (intraday, delivery, options and futures), Groww is cheaper on 0, 5paisa on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Groww - official website - https://groww.in
- Groww - official pricing - https://groww.in/pricing
- 5paisa - official website - https://www.5paisa.com
- 5paisa - official pricing - https://www.5paisa.com/pricing