The comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while 5paisa stands out for offering competitive brokerage rates and an advanced mobile trading platform. Paytm Money provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, N/A, and 6.89 lakh users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, 5paisa, and Paytm Money helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while 5paisa offers 4 and Paytm Money features 4.
| Services / Features | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE, MCX |
| Active Clients | 31 lakh | — | 6.89 lakh |
| Broker Overview | Mirae Asset Sharekhan Review | 5Paisa Review | Paytm Money Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while 5paisa offers Zero and Paytm Money features N/A.
| Account Opening Charges and AMC | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Trading Account Opening | — | Zero | — |
| Trading AMC | — | ₹300 per year | — |
| Demat Account Opening | — | Zero | — |
| Demat AMC | ₹ 400 | ₹25 + GST per month | — |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while 5paisa offers - and Paytm Money features -.
| Brokerage Plans | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Multiple Plans | - | - | - |
| Monthly Plans | - | - | - |
| Yearly Plans | - | - | - |
Brokerage Charges
This comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. 5paisa charges ₹20/order brokerage on equity delivery and intraday, ₹20/order for futures, and ₹20/order for options. Paytm Money charges 2.5% or Rs. 20 per order brokerage on equity delivery and intraday, 0.02% or Rs. 20 per order for futures, and Rs. 20 per order for options.
| Brokerage Charges | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | 0.30% on trade price or minimum 1 paisa per share | ₹20/order | 2.5% or Rs. 20 per order |
| Equity Intraday | 0.02% on trade price or minimum 1 paisa per share | ₹20/order | 0.05% or Rs. 20 per order |
| Equity Futures | 0.02% per transaction value (each side) | ₹20/order | 0.02% or Rs. 20 per order |
| Equity Options | ₹39 per lot (each side) | ₹20/order | Rs. 20 per order |
| Currency Futures | 0.02% per transaction value (each side) | ₹20/order | |
| Currency Options | ₹5 per lot (each side) | ₹20/order | |
| Commodity Futures | 0.10% (one side) | ||
| Commodity Options | 1% on premium or ₹150, whichever is higher | ||
| Hidden Charges | No | No | No |
| Call & Trade Charges | NA | ₹20 | 50 + GST |
| Auto Square Off Charges | ₹50 per order | ₹20 | 50 + GST |
| Brokerage Calculator |
Transactions Charges
This comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while 5paisa offers NSE: 0.00297% BSE: 0.00375% and Paytm Money features 0.00297% for NSE | 0.00375% for BSE.
| Transactions Charges | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Equity Delivery | NSE: 0.00297% | 0.00375% | NSE: 0.00297% BSE: 0.00375% | 0.00297% for NSE | 0.00375% for BSE |
| Equity Intraday | NSE: 0.00297% | 0.00375% | NSE: 0.00297% BSE: 0.00375% | 0.00297% for NSE | 0.00375% for BSE |
| Equity Futures | NSE: 0.00173% | NSE: 0.00173% BSE: 0 | 0.03503% for NSE | 0.03250% for BSE |
| Equity Options | NSE: 0.03503% on Premium | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% | 0.00173% for NSE | 0.0% for BSE |
| Currency Futures | NSE: 0.00035% | NSE: 0.00035% BSE: 0.00045% | — |
| Currency Options | NSE: 0.0311% | NSE: 0.0311% BSE: 0.001% | — |
| Commodity | 0.0418% | 0.0418% | — |
Account Features
These are the notable distinctions in the account features of Mirae Asset Sharekhan, 5paisa, and Paytm Money when compared.
| Account Features | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| 3-in-1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | 3:20 PM | — |
| NRI Trading | Yes | No | Yes |
Trading Platforms
The trading platforms comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan, 5paisa and Paytm Money provide web trading platforms and mobile trading platforms.
| Trading Platforms | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | 5paisa | Paytm Money Web | |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | App Download | Paytm Money | |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Nil | Zero | Zero |
Broker Ratings
The broker ratings comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while 5paisa offers 4.3 and Paytm Money features 4.2.
| Broker Ratings | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Fees Ratings | 4.3 | 4.3 | 4.2 |
| Trading Brokerage Rating | 4.3 | 4.3 | 4.3 |
| Trading Platform Usability | 4,3 | 4.3 | 4.3 |
| Customer Service Ratings | 4.2 | 4.2 | 4.2 |
| Overall Ratings | 4.3 | 4.3 | 4.3 |
Investment Offerings
This comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while 5paisa provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Paytm Money provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | No | No | No |
| Forex | Yes | Yes | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | Yes | No | Yes |
| Other Investment Options | Yes | Yes | Yes |
Customer Support Offered
This comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while 5paisa offers N/A and Paytm Money features N/A.
| Customer Support Offered | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| 24/7 Customer Service | Yes | — | — |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | — | — | — |
| Through Branches | Yes | — | — |
| Customer Care Number | 02241683500 | 8976689766 | 022-64891010 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | https://www.sharekhan.com/learn-and-grow | — | — |
| Head Office Address | Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070, Maharashtra, India. | IIFL House, Sun Infotech Park, Road No. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra – 400604 | THE HUB, 3RD FLOOR, SY No 8 & 8/2 Ambalipura Village, Varthur Hobli Sarjapura Main Road |
| Website | https://www.sharekhan.com/ | https://www.5paisa.com/ | https://www.paytmmoney.com/ |
Research and Reports
The research and reports comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their offerings.
| Research and Reports | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | Yes | Yes | Yes |
| Daily Market Report | Yes | Yes | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | Yes | Yes | Yes |
| News Alerts | Yes | Yes | Yes |
Demat Account Charges
This comparison between Mirae Asset Sharekhan, 5paisa, and Paytm Money reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while 5paisa offers CDSL and Paytm Money features CDSL.
| Demat Account Charges | Mirae Asset Sharekhan | 5paisa | Paytm Money |
|---|---|---|---|
| DP Source | NSDL & CDSL | CDSL | CDSL |
| DP ID | NSDL - 300513 | CDSL - 12036000 | 192-2016 | 12088800 |
| Demat Account Annual Maintenance Charges (AMC) | ₹ 400 | ₹300 per year | — |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | ₹20 + GST per scrip | — |
| Demat | ₹ 5 per share certificate (minimum ₹ 50 per request) | ₹15 | — |
| Remat | ₹ 50 per certificate or ₹ 50 for every hundred securities | ₹15 + CDSL charges | — |
| Pledge Creation | ₹ 20 per transaction | ₹20 + GST | ₹15 + GST |
| Pledge Creation Confirmation | NA | ₹20 + GST | ₹15 + GST |
| Pledge Closure | ₹ 20 per transaction | ₹20 + GST | ₹15 + GST |
| Pledge Closure Confirmation | NA | ₹20 + GST | ₹15 + GST |
| Pledge Invocation | ₹ 20 per transaction | ₹20 + GST | ₹15 + GST |
| Failed Instruction Charges | — | ₹20 + GST | NA |
| Other Charges | — | — | NA |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Mirae Asset Sharekhan |
|
|
| 5paisa |
|
|
| Paytm Money |
|
|
Frequently Asked Questions
The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, 5paisa charges Zero, and Paytm Money charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.
Brokerage charges differ across platforms: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, 5paisa provides ₹20/order, and Paytm Money charges 0.05% or Rs. 20 per order. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.
All three brokers provide diverse investment opportunities: Mirae Asset Sharekhan offers 4, 5paisa provides 4, and Paytm Money features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Mirae Asset Sharekhan has 4 support, 5paisa offers 4, and Paytm Money provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: Mirae Asset Sharekhan with 4,3, 5paisa with 4.3, and Paytm Money with 4.3. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.
Yes, mutual fund and stock investing is available across all platforms: Mirae Asset Sharekhan (Yes), 5paisa (Yes), and Paytm Money (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.
For beginners, the choice depends on specific needs: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, 5paisa provides competitive pricing with intuitive interfaces, and Paytm Money combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.
All three brokers offer robust mobile trading apps with different strengths: Mirae Asset Sharekhan focuses on intuitive design and quick execution, 5paisa emphasizes advanced charting and analysis tools, while Paytm Money balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
Stock Broker Review
Mirae Asset Sharekhan
5paisa
