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5Paisa vs. Indiabulls Ventures

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are 5Paisa and Indiabulls Ventures. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of 5Paisa and Indiabulls Ventures.


Overview

5Paisa and Indiabulls Ventures are both public companies and 5Paisa operates as a discount broker, while Indiabulls Ventures functions as a full service broker. Nirmal Jain & Rajamani Venkataraman co-founded 5Paisa in 2007. And Indiabulls Ventures was founded in the year 1995 by Sameer Gehlaut. 5Paisa's headquarters are in Mumbai, India and Indiabulls Ventures's headquarters are in Gurgaon, India.

5Paisa operates as a discount broker, while Indiabulls Ventures functions as a full service broker. 5Paisa is registered in NSE, BSE, while Indiabulls Ventures is registered in BSE, NSE and MCX. The total branches of 5Paisa are 900 and the Indiabulls Ventures branches are 18.

Overview5PaisaIndiabulls Ventures
Broker TypeDiscount BrokerFull Service Broker
Type of companyPublicPublic
HeadquarterMumbai, IndiaGurgaon, India
FoundersNirmal Jain & Rajamani VenkataramanSameer Gehlaut
Foundation Year20071995
Supported ExchangesNSE, BSEBSE, NSE and MCX
Total branches90018

5Paisa and Indiabulls Ventures Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with 5Paisa charging Rs.650 and Indiabulls Ventures charging Free.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the 5Paisa Demat account is Rs.400 per Annum and for the Indiabulls Ventures Demat account is Free or Rs.450 per Annum. The Trading AMC for 5Paisa and Indiabulls Ventures is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both 5Paisa and Indiabulls Ventures is CDSL.

Account Opening and Demat Charges5PaisaIndiabulls Ventures
Trading Account Opening ChargesRs.650Free
Demat AMC (Annual Maintenance Charges)Rs.400 per AnnumFree or Rs.450 per Annum
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyZeroZero Margin
Offline to Online ChargesNot applicableYes
DepositoryCDSLCDSL & NSDL

5Paisa and Indiabulls Ventures Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for 5Paisa is Free, while Indiabulls Ventures charges you 0.01% or Rs.15 per executed order.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for 5Paisa is Rs.20 Per Order and for Indiabulls Ventures also, it is 0.01% or Rs.15 per executed order.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. 5Paisa charge Rs.20 Per Order and Indiabulls Ventures charge 0.01% or Rs.15 per executed order for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, 5Paisa charges Rs.20 Per Order, and Indiabulls Ventures charges 0.01% or Rs.15 per executed order.

Equity Brokerage Charges5PaisaIndiabulls Ventures
Equity Delivery BrokerageFree0.01% or Rs.15 per executed order
Equity Intraday BrokerageRs.20 Per Order0.01% or Rs.15 per executed order
Equity Futures BrokerageRs.20 Per Order0.01% or Rs.15 per executed order
Equity Options BrokerageRs.20 Per Order0.01% or Rs.15 per executed order

5Paisa and Indiabulls Ventures Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for 5Paisa is Rs.20 Per Order and for Indiabulls Ventures is 0.01% or Rs.15 per executed order.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. 5Paisa charges Rs.20 Per Order for currency options, whereas 5Paisa charges 0.01% or Rs.15 per executed order.

Currency Brokerage Charges5PaisaIndiabulls Ventures
Currency Futures BrokerageRs.20 Per Order0.01% or Rs.15 per executed order
Currency Options BrokerageRs.20 Per Order0.01% or Rs.15 per executed order

5Paisa and Indiabulls Ventures Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. 5Paisa charges Rs.20 Per Order for commodity trading, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order.

Commodity Brokerage Charges5PaisaIndiabulls Ventures
Commodity Options BrokerageRs.20 Per Order0.01% or Rs.15 per executed order

5Paisa and Indiabulls Ventures Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: 5Paisa levies a minimum brokerage fee of Rs.20 Per Order, while Indiabulls Ventures charges 0.01% or Rs.15 per executed order brokerage fee.

Transaction Brokerage Charges: 5Paisa levies a transaction brokerage charge of 0.00325% of Total Turnover, while Indiabulls Ventures charges 0.00312% of Total Turnover.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for 5Paisa is 0.0002% of Total Turnover and for 5Paisa is 0.0003% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for 5Paisa are 0.0126% of Total Turnover, while for Indiabulls Ventures, they are 0.0130% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. 5Paisa charges Rs 100 per call (any number of trades in a call) and Indiabulls Ventures charges Rs 0 (Free).

Other Brokerage Charges5PaisaIndiabulls Ventures
Minimum Brokerage ChargesRs.20 Per Order0.01% or Rs.15 per executed order
Transaction Brokerage Charges0.00325% of Total Turnover0.00312% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0003% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0130% of Total Turnover
Call and Trade ChargesRs 100 per call (any number of trades in a call)Rs 0 (Free)

5Paisa and Indiabulls Ventures Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by 5Paisa is up to Upto 5x and by Indiabulls Ventures it is up to Upto 3x.

Equity Intraday: Leverage for equity intraday by 5Paisa is up to Upto 35x and by Indiabulls Ventures it is up to Upto 6x.

Equity Futures: Leverage for Equity Futures by 5Paisa is up to Upto 8x and by Indiabulls Ventures it is up to Upto 3x.

Equity Options: Leverage for Equity Options by 5Paisa is up to Upto 12x and by Indiabulls Ventures also, it is up to Upto 4x.

Equity Leverage5PaisaIndiabulls Ventures
Equity DeliveryUpto 5xUpto 3x
Equity IntradayUpto 35xUpto 6x
Equity FuturesUpto 8xUpto 3x
Equity OptionsUpto 12xUpto 4x

5Paisa and Indiabulls Ventures Currency Leverage

The currency futures leverage provided by 5Paisa is up to Upto 6x, while for Indiabulls Ventures it is up to Upto 3x.

The currency options leverage provided by 5Paisa is up to Upto 10x, while for Indiabulls Ventures it is up to Upto 3x.

Currency Leverage5PaisaIndiabulls Ventures
Currency FuturesUpto 6xUpto 3x
Currency OptionsUpto 10xUpto 3x

5Paisa and Indiabulls Ventures Commodity Leverage

The commodity leverage provided by 5Paisa is up to Upto 10x, while for Indiabulls Ventures it is up to Upto 3x.

Commodity Leverage5PaisaIndiabulls Ventures
CommodityUpto 10xUpto 3x

5Paisa and Indiabulls Ventures Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

Offers5PaisaIndiabulls Ventures
Free Stock Trading AccountYesYes
Free Demat AccountNoYes
Flexible PlansNoNo
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersNoNo
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

5Paisa and Indiabulls Ventures Features

Equity Trading: 5Paisa and Indiabulls Ventures brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: 5Paisa and Indiabulls Ventures also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of 5Paisa and Indiabulls Ventures broker is that you can also invest in IPOs. 5Paisa also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. 5Paisa offers trading exposure of up to Upto 35x, while Indiabulls Ventures gives up to Upto 6x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With 5Paisa and Indiabulls Ventures, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. 5Paisa and Indiabulls Ventures also allow you to trade in forex trading.

Features5PaisaIndiabulls Ventures
Equity Delivery TradingNoYes
Equity Intraday TradingYesYes
Equity Futures TradingNoYes
Equity Options TradingNoYes
Currency TradingNoYes
Commodity TradingNoYes
IPO (Initial public offering)NoYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoYes
Trading InstitutionNoNo
Trading ExposureUpto 35xUpto 6x
Mutual FundsNoYes
SIP (Systematic Investment Plan)NoYes
Forex TradingNoNo
BankingNoNo
InsuranceNoYes

5Paisa and Indiabulls Ventures Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. 5Paisa and Indiabulls Ventures offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory Services5PaisaIndiabulls Ventures
Fundamental ReportsNoYes
Research ReportsYesNo
Company ReportsNoYes
Annual ReportsNoYes
Company Stock ReviewNoYes
Free Stock TipsNoYes
IPO ReportsNoYes
Top PicksYesYes
Daily Market ReviewNoYes
Monthly ReportsNoYes
Weekly reportsNoYes
Offline AdvisoryNoYes
Relationship ManagerNoYes

5Paisa and Indiabulls Ventures Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. 5Paisa and Indiabulls Ventures offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading Platforms5PaisaIndiabulls Ventures
WindowsYesYes
MacYesYes
Desktop BrowserYesYes

5Paisa and Indiabulls Ventures Mobile Trading Platforms

5Paisa and Indiabulls Ventures offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading Platforms5PaisaIndiabulls Ventures
Mobile BrowserYesYes
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

5Paisa and Indiabulls Ventures Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. 5Paisa and Indiabulls Ventures give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support Features5PaisaIndiabulls Ventures
Relationship ManagerNoYes
Offline TradingNoYes
Online TradingYesYes
24 * 7 SupportYesNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support BranchesZero200+

5Paisa and Indiabulls Ventures Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for 5Paisa and Indiabulls Ventures registered and resolved complaints.

For 5Paisa, the Percentage of resolved BSE complaints is 87.76 % and the Percentage of resolved NSE complaints is 97.46 %.

For Indiabulls Ventures, the Percentage of resolved BSE complaints is 95.61 % and the Percentage of resolved NSE complaints is 98.65 %.

We can say that 5Paisa is better than Indiabulls Ventures in case of resolving customer complaints.

BSE Complaints5PaisaIndiabulls Ventures
BSE Complaints98114
BSE Resolved Complaints86109
Percentage of resolved BSE complaints87.76 %95.61 %
NSE Complaints236148
NSE Resolved Complaints230146
Percentage of resolved NSE complaints97.46 %98.65 %
BSE/NSE Complaint vs. Resolved Percentage92.61 %97.13 %

Frequently Asked Questions


  1. Is 5Paisa better than Indiabulls Ventures?

    5Paisa is a discount broker and Indiabulls Ventures is a full service broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Indiabulls Ventures better than 5Paisa?

    Indiabulls Ventures is a full service broker and 5Paisa is a discount broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between 5Paisa and Indiabulls Ventures?

    The brokerage charges for 5Paisa are on the cheaper side since it is a discount broker, while Indiabulls Ventures is a full-service broker. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, 5Paisa and Indiabulls Ventures?

    To figure out which of the two stockbrokers, 5Paisa and Indiabulls Ventures, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare 5Paisa with other stock brokers

Visit the following pages to see a detailed comparision report of 5Paisa with other brokerage firms.


Compare Indiabulls Ventures with other stock brokers

Visit the following pages to see a detailed comparision report of Indiabulls Ventures with other brokerage firms.