NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%
NIFTY24,173.050.84%
SENSEX77,664.001.09%
BANKNIFTY56,305.001.43%
NIFTY IT30,124.301.22%
PHARMA22,986.352.36%
AUTO25,828.102.35%
FMCG51,140.500.11%
METAL12,786.250.82%
REALTY788.651.83%
ENERGY39,996.750.25%

Side-by-Side Compare Table

CategoryINDmoney5paisa
Basic Details
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • Broker Type: Discount broker
  • Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
Charges & AMC
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Account Opening: Rs 0
  • Trading AMC: Included in account structure
Brokerage
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
Other Charges
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • 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.
Leverage (Margin)
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • Margin Trading Facility available via 5paisa Pay Later.
  • MTF funding slabs available with different daily interest rates.
Features
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Flat-fee structure across segments.
  • One app for stocks, derivatives, mutual funds, ETFs, and bonds.
Trading Platforms
  • INDmoney app
  • INDstocks app
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
Reviews & Ratings
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.
Investment Options
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Equity
  • F&O
Order Types Offered
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Regular market orders
  • Delivery and intraday order flows
Suitable For (Investor Type)
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Cost-conscious traders who prefer flat brokerage.
  • Users who want one platform for trading and investing products.
Pros and Cons
  • Pros:
  • Zero opening and AMC in listed offers.
  • Pros:
  • Flat Rs 20 pricing model.

Detailed Comparison

Basic Details

INDmoney5paisa
  • Broker Type: Digital broker and finance super-app model
  • Founded: 2019
  • SEBI Registration: Investment advisor registration noted; broking through exchange memberships
  • Exchanges Mentioned: NSE, BSE, BSE Star MF membership context
  • Product Focus: Indian + US market access from one app
  • Broker Type: Discount broker
  • Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
  • SEBI Registration: INZ000010231
  • NSE Member Code: 14300
  • Net Worth: Rs 543.53 Cr

Charges & AMC

INDmoney5paisa
  • Account Opening: Rs 0
  • Demat AMC: Rs 0 (lifetime in listed offer)
  • Account model: 2-in-1 (trading + Demat)
  • Account Opening: Rs 0
  • Trading AMC: Included in account structure
  • Demat AMC: Rs 300 yearly (often billed quarterly)
  • DP Sell Transaction: Rs 20 per scrip (sell side)

Brokerage

INDmoney5paisa
  • Equity Delivery: 0.05% or Rs 20, whichever is lower
  • Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • Equity Futures: Rs 20 per order
  • Equity Options: Rs 20 per order
  • US Stocks (global access): 0.25% per transaction, max $25
  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
  • Equity Futures: Rs 20 per trade
  • Equity Options: Rs 20 per trade
  • Commodity/Currency: Rs 20 per trade across listed segments

Other Charges

INDmoney5paisa
  • Minimum brokerage floor in some segments (for example Rs 2).
  • Pledge/unpledge fee per request applies.
  • Statutory and exchange charges apply where relevant.
  • 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.

Leverage (Margin)

INDmoney5paisa
  • Margin wallet boost/MTF style offerings highlighted in source promotions.
  • Exact leverage depends on product, eligibility, and risk policy.
  • Margin Trading Facility available via 5paisa Pay Later.
  • MTF funding slabs available with different daily interest rates.
  • Up to around 4x leverage on approved MTF securities.

Features

INDmoney5paisa
  • Unified money tracking plus investing app.
  • Indian and US investing from one account ecosystem.
  • Family finance tracking and planning support.
  • Dedicated INDstocks app for active trading workflows.
  • Flat-fee structure across segments.
  • One app for stocks, derivatives, mutual funds, ETFs, and bonds.
  • Paperless account opening.
  • Tools like FnO 360 and trading research utilities.

Trading Platforms

INDmoney5paisa
  • INDmoney app
  • INDstocks app
  • Web onboarding and account management flow
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
  • 5paisa Trade Terminal (desktop)

Reviews & Ratings

INDmoney5paisa
  • Positioned as a fast-growing digital-first wealth app.
  • In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.

Investment Options

INDmoney5paisa
  • Indian stocks and ETFs
  • US stocks and ETFs
  • Mutual funds
  • IPO
  • F&O (equity)
  • NPS and fixed deposits
  • Equity
  • F&O
  • Currency
  • Commodities
  • Mutual Funds (including direct plans)
  • ETFs and Bonds

Order Types Offered

INDmoney5paisa
  • Standard order workflows for delivery and intraday.
  • Basket and options-chain based execution support in platform flow.
  • Regular market orders
  • Delivery and intraday order flows
  • Derivatives order support through app/web/terminal

Suitable For (Investor Type)

INDmoney5paisa
  • Users seeking one app for India + US investing.
  • Mobile-first investors who want finance tracking and execution together.
  • Retail users looking for low entry-cost onboarding.
  • Cost-conscious traders who prefer flat brokerage.
  • Users who want one platform for trading and investing products.
  • Traders who need desktop plus mobile workflow.

Pros and Cons

INDmoney5paisa
  • Pros:
  • Zero opening and AMC in listed offers.
  • Broad multi-asset coverage including US stocks.
  • Strong app-led convenience features.
  • Cons:
  • No classic 3-in-1 bank integration model.
  • Currency and commodity F&O availability is limited in the referenced snapshot.
  • Pros:
  • Flat Rs 20 pricing model.
  • Wide product coverage in one account.
  • Multiple trading platforms and paperless onboarding.
  • Cons:
  • Some payment and operational charges can apply depending on usage mode.
  • Full-service advisory depth is lower than many traditional full-service brokers.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@iposcanner.ai.

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.