| Basic Details | - •Broker Type: Discount broker
- •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
| - •Broker Type: Full-service broker
- •Founded: 1994
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| Charges & AMC | - •Account Opening: Rs 0
- •Trading AMC: Included in account structure
| - •Account structure options: 3-in-1 and 2-in-1
- •Plan fee and AMC depend on selected brokerage plan
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| Brokerage | - •Equity Delivery: Rs 20 per trade
- •Equity Intraday: Rs 20 per trade
| - •Trade Free plan highlights: Rs 10/order for intraday and F&O in key contexts
- •Delivery brokerage varies by plan (including free delivery in youth plan context)
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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.
| - •Plan subscription or switching fee may apply.
- •Interest on margin facility and collateral use depends on plan terms.
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| Leverage (Margin) | - •Margin Trading Facility available via 5paisa Pay Later.
- •MTF funding slabs available with different daily interest rates.
| - •MTF offerings with daily/annualized interest rates are part of plan matrix.
- •Leverage and collateral funding conditions are plan specific.
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| Features | - •Flat-fee structure across segments.
- •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
| - •Strong bank-backed ecosystem (Kotak Mahindra group).
- •3-in-1 account convenience.
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| Trading Platforms | - •5paisa Mobile App
- •5paisa Web / Trader Station
| - •Kotak Neo web platform
- •Kotak Neo mobile 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 reliable full-service choice with multi-plan flexibility.
- •In this extracted section, no single consolidated numeric rating is shown.
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| Investment Options | | - •Equities
- •Derivatives (equity, commodity, currency)
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| Order Types Offered | - •Regular market orders
- •Delivery and intraday order flows
| - •Standard market and limit orders
- •Intraday and carry-forward order flows
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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 wanting bank-linked 3-in-1 experience.
- •Investors/traders who prefer plan choice and branch-backed assistance.
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| Pros and Cons | - •Pros:
- •Flat Rs 20 pricing model.
| - •Pros:
- •Trusted bank-backed brand and wide network.
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