| Basic Details | - •Broker Type: Discount broker
- •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
| - •Broker Type: Digital broker and finance super-app model
- •Founded: 2019
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| Charges & AMC | - •Account Opening: Rs 0
- •Trading AMC: Included in account structure
| - •Account Opening: Rs 0
- •Demat AMC: Rs 0 (lifetime in listed offer)
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| Brokerage | - •Equity Delivery: Rs 20 per trade
- •Equity Intraday: Rs 20 per trade
| - •Equity Delivery: 0.05% or Rs 20, whichever is lower
- •Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
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| Other Charges | - •Fund transfer charges may apply by mode (for example net banking fee in some cases).
- •Statutory charges apply separately: STT, exchange charges, GST, SEBI charges, stamp duty.
| - •Minimum brokerage floor in some segments (for example Rs 2).
- •Pledge/unpledge fee per request applies.
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| Leverage (Margin) | - •Margin Trading Facility available via 5paisa Pay Later.
- •MTF funding slabs available with different daily interest rates.
| - •Margin wallet boost/MTF style offerings highlighted in source promotions.
- •Exact leverage depends on product, eligibility, and risk policy.
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| Features | - •Flat-fee structure across segments.
- •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
| - •Unified money tracking plus investing app.
- •Indian and US investing from one account ecosystem.
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| Trading Platforms | - •5paisa Mobile App
- •5paisa Web / Trader Station
| - •INDmoney app
- •INDstocks app
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| Reviews & Ratings | - •Positioned as a low-cost broker for active retail users.
- •In this source snapshot, no single consolidated numeric overall rating is highlighted.
| - •Positioned as a fast-growing digital-first wealth app.
- •In this extracted snapshot, no single consolidated numeric overall rating is listed.
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| Investment Options | | - •Indian stocks and ETFs
- •US stocks and ETFs
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| Order Types Offered | - •Regular market orders
- •Delivery and intraday order flows
| - •Standard order workflows for delivery and intraday.
- •Basket and options-chain based execution support in platform flow.
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| Suitable For (Investor Type) | - •Cost-conscious traders who prefer flat brokerage.
- •Users who want one platform for trading and investing products.
| - •Users seeking one app for India + US investing.
- •Mobile-first investors who want finance tracking and execution together.
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| Pros and Cons | - •Pros:
- •Flat Rs 20 pricing model.
| - •Pros:
- •Zero opening and AMC in listed offers.
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