5paisa
Depends
Confidence: Medium
Buy if you are a cost-sensitive, self-sufficient trader who wants flat ₹20/order pricing.
Comparison
5paisa and Groww both land on Depends.
Buy if you are a cost-sensitive, self-sufficient trader who wants flat ₹20/order pricing.
A reasonable pick for first-time Indian investors doing SIPs and occasional stock buys, given its simplicity and scale.
| Compare | 5paisa | Groww |
|---|---|---|
| Verdict | Depends | Depends |
| Best for | Cost-conscious active traders | First-time Indian investors |
| Who it's not for | Anyone needing responsive customer support | Active F&O traders needing advanced tools |
| Privacy | UpGuard rates it A (819/950) with valid SSL; user complaints of number leaks exist; no public breaches found in sources reviewed. | Bug bounty, named CISO, and published security practices . but a 2026 auth-bypass CVE exists in the Android app; unverified breach claims circulate on social media. |
| Support quality | Trustpilot 2.1 Poor; grievance channels only | Trustpilot reviews call service poor |
| Public sentiment | Reviews are polarized: cheap flat pricing is praised, but support quality and data-privacy complaints drag Trustpilot to a Poor 2.1.¹ | Users like the simplicity but frequently complain about fees, trading glitches, and poor service.12 |
| Biggest gotcha | Support rated 2.1/5 on Trustpilot; expect slow grievance resolution.¹ | Reddit threads allege undisclosed fees; verify the full charge breakdown before trading14 |