5 Paisa Vs Aditya Birla Group: Relative Study:
Mumbai based discount broker 5Paisa started its journey in 2016. It is a part of IIFL (India Infoline Finance Ltd). Also, 5Paisa charges brokerage INR.10/- per trade – which is the lowest brokerage charge in India.
On the other hand, Chennai based Aditya Birla Capital is a full-service broker – registered in 2007. It provides a free Trading & DEMAT account to its customers. They also offer Aditya Birla Online 3-in-1 Account in collaboration with Allahabad Bank.
Function:
5Paisa:
- Instant paperless account opening with Aadhaar
- In collaboration with the different insurance company offers different insurance to the customer as an investment option.
- Mutual fund investment is free.
- Margin funding facility @18% p.a. interest.
- The robotic advisory platform for the investor for a customised experience.
- Flat INR. 10/- brokerage for currency derivatives, Future, option & Equity cash.
Aditya Birla Capital:
- DEMAT & Trading Account opening is free.
- Facilitates customers to transfer fund to 11 banks
- Aditya Birla Capital offers its customers a dedicated relationship manager.
- Call & trade facility is free.
- Aditya Birla Capital is also famous for its market research work.
- They also offer instant account opening facility for KRA compliance clients.
Comparisons: Based on the facilities provided:
Here we are comparing 5Paisa & Aditya Birla Capital based on the facilities they offer:
| Particulars | 5paisa | Aditya Birla Capital |
| Market rating as an organisation | 4/5 | 3.5/5 |
| The rating according to Fees charged for Brokerage | 4/5 | 3.5/5 |
| The rating according to Trading platform | 4/5 | 3.5/5 |
| The rating according to the Investment offerings | 4/5 | 4/5 |
| The rating according to customer satisfaction | 4/5 | 3.5/5 |
| Type of Broker | Discount Broker | Full-service Broker |
| Stock Exchanges supported | BSE , NSE | NSE , BSE, MCX-SX , MCX , NCDEX |
Comparison: Based on Account Maintenance Charges:
Aditya Birla Capital provides a free Trading account & DEMAT account to its customer. The AMC for the trading account is free. However, they charge an AMC of DEMAT account annually. 5Paisa has a Trading account opening charge, but the DEMAT account opening is free.
AMC for trading is free in 5Paisa, whereas, they also charge AMC for the DEMAT account. Based on the AMC & Account opening charges we can compare 5Paisa & Aditya Birla Capital as here under:
| Particulars | 5paisa | Aditya Birla Capital |
| Trading Account Opening Fees | 650 Rupees | Free |
| Trading AMC | Free | Free |
| DEMAT Account Opening Fees | Free | Free |
| DEMAT AMC | 45 Rupees per month if Trade, else Zero | 450 Rupees p.a. or 555 Rupees for 5 Years. |
| Provide DP Service | YES | YES |
5Paisa Vs Aditya Birla Capital Brokerage Plan:
Here we have compared 5Paisa and Aditya Birla Capital based on brokerage plan offerings to the customers. Both 5Paisa & Aditya Birla Capital doesn’t have any of the multiple, monthly or yearly plans.
| Particulars | 5paisa | Aditya Birla Capital |
| Multiple Plans | NO | NO |
| Monthly Plans | NO | NO |
| Yearly Plans | NO | NO |
Comparison: Based on Brokerage Charges:
Aditya Birla Capital offers its customers a percentage base brokerage plan. Whereas 5Paisa doesn’t have a % based plan. 5Paisa offers a plan to its customers which costs a flat fee of INR. 10/- per order. Also, Aditya Birla Capital has a fixed minimum brokerage charge of INR.20/-per executed order, whether there is no fixed/ minimum brokerage fee for 5Paisa.
| Particulars | 5paisa | Aditya Birla Capital |
| Plan Name | Flat Fee 10 Rupees Trading Plan | I-Decide Trading Plan (Percentage Based) |
| Equity Delivery service | Flat Fee 10 Rupees | 0.2% or 0.2 Rupees |
| Equity Intraday service | Flat Fee 10 Rupees | 0.02% or 0.02 Rupees |
| Equity Futures | Flat Fee 10 Rupees | 0.02% or 0.02 Rupees |
| Equity Options service | Flat Fee Rupees 10 | INR. 35 Per Lot |
| Currency Futures service | Flat Fee Rupees 10 | 0.02% or 0.02 Rupees |
| Currency Options facility | Flat Fee 10 Rupees | 20 Rupees Per Lot |
| Commodity Trading facility | Flat Fee 10 Rupees | 30 Rupees Per Lot |
| Minimum Brokerage | NA | A minimum brokerage of 20 Rupees per executed order |
| Hidden Charges | No | Info Not Available |
| Funding | Yes – 18% interest PA | Info Not Available |
| Call & Trade Charges | 100 Rupees per call (No limit of orders) | Info Not Available |
5Paisa Vs Aditya Birla Capital Transactional Charges:
In this below-mentioned chart, the details of transactional charges are mentioned according to the product type:
| Particulars | 5paisa | Aditya Birla Capital |
| Equity Delivery | 325 Rupees Per Cr | 350 Rupees Per Cr |
| Equity Intraday | 325 Rupees Per Cr | 350 Rupees Per Cr |
| Equity Futures | 190 Rupees Per Cr | 200 Rupees Per Cr |
| Equity Options | 5000 Rupees Per Cr | 6000 Rupees Per Cr |
| Currency Futures | 110 Rupees Per Cr | 120 Rupees Per Cr |
| Currency Options | 4000 Rupees Per Cr | INR. 4200 Per Cr |
| Commodity | NA | Non-Agri: 360 Rupees Per Cr Agri: 275 Rupees Per Cr |
Comparison: Based on the feature provided in account:
Both 5Paisa & Aditya Birla Capital provide various facilities to their customers. All the facilities hereby mentioned below along with the comparison:
| Particulars | 5paisa | Aditya Birla Capital |
| 3 in 1 Account | NO | NO |
| Charting | YES | YES |
| ALGO Trading | YES | NO |
| SMS Alerts | YES | YES |
| Online Demo | YES | YES |
| Online Portfolio | NO | YES |
| Margin Trading Funding Available | YES | YES |
| Combined Ledger for Equity and Commodity | YES | YES |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| NRI Trading | NO | NO |
Comparison: Based on Trading Platform:
Both 5Paisa & Aditya Birla Capital offers different platforms for trading to their customers- like, online, mobile, desktop, tablet, etc. The comparison based on that is given below:
| Particulars | 5paisa | Aditya Birla Capital |
| Desktop Trading Platform | 5paisaTradeStation | OMNESYS NEST-Express Trade |
| 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://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn |
| Mobile Site | YES | YES |
| Mobile Trading | YES | YES |
| Mobile Trading App | 5paisa Mobile App | ABM Mobile Invest |
| Android Mobile App | YES | YES |
| iPhone Mobile App (IOS) | YES | NO |
| Android Tablet App | YES | YES |
| iPad App (IOS) | YES | NO |
| Trading Software Charges | Free | Info Not Available |
Comparison: Based on Investment offer:
According to the large variety of investment opportunities, both 5Paisa & Aditya Birla Capital provide many options like Mutual fund, bond, Insurance, SIP, IPO, etc. The comparison is mentioned as follows:
| Particulars | 5paisa | Aditya Birla Capital |
| Equity Cash and F&O | YES | YES |
| Currency Derivatives | 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 | NO |
| PMS Service | NO | NO |
| Other Investment Options | NIL | NIL |
Comparison: Based on DEMAT Account offerings:
Here we will compare 5Paisa vs Aditya Birla Capital based on offering DEMAT A/c to its customers for share trading. The facilities & charges related to DEMAT account is compared below:
| Particulars | 5paisa | Aditya Birla Capital |
| DP Source | CDSL | CDSL |
| DP ID | 82500 | 37600 |
| DEMAT Account Annual Maintenance Charges(AMC) | Monthly Plan – INR. 45 (In case of any transaction in a month) | INR. 450 pa or INR. 1500 Lifetime AMC |
| Advance Deposit | NIL | NIL |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.025% or INR. 25 whichever is higher + CDSL charges | #8377;30 for Normal AC, #8377;20 for Lifetime AMC |
| DEMAT | INR. 15 per certificate | INR. 5 per certificate + INR. 50 courier charges |
| REMAT | INR. 15 for every hundred securities or INR. 15 per certificate whichever is higher | INR. 15 for every hundred securities or INR. 15 per certificate (whichever is higher) + INR. 50 courier charges |
| Pledge Creation | INR. 50 | INR. 50 |
| Pledge Creation Confirmation | NIL | INR. 50 |
| Pledge Closure | NIL | INR. 50 |
| Pledge Closure Confirmation | NIL | INR. 50 |
| Pledge Invocation | NIL | INR. 50 |
| Failed Instruction Charges | Nil | Nil |
Comparison: Based on Customer Service:
Here are the comparison & details of 5Paisa vs Aditya Birla Capital regarding customer assistance:
| Particulars | 5paisa | Aditya Birla Capital |
| 24/7 Customer Service | NO | NO |
| Email Support | YES | YES |
| Online Live Chat | NO | NO |
| Phone Support | YES | YES |
| Toll Free Number | NO | YES |
| Through Branches | NO | YES |
| Customer Care Number | “+91 89766 89766” | 1800-270-7000 |
| Account Opening Process | Online/Paperless | Info Not Available |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Centre /Education | https://www.5paisa.com/knowledge-centre | https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center |
| Head Office Address | 5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane – 400604 | Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai – 600006 |
| Website | https://www.5paisa.com/ | https://stocksandsecurities.adityabirlacapital.com/ |
Conclusion:
In the above article, we have tried to compare 5Paisa vs Aditya Birla Capital based on charges, product offerings, service quality, etc. But the individual result may vary upon the specified requirement of clients/investors. So, it is advised not to consider the ratings but to consider the detailed information before choosing the right broker.
