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

CategoryUpstox5paisa
Basic Details
  • Broker Type: Discount broker
  • Founded: Legacy RKSV/Upstox retail broking entity
  • Broker Type: Discount broker
  • Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
Charges & AMC
  • Account Opening: Rs 0
  • Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • Account Opening: Rs 0
  • Trading AMC: Included in account structure
Brokerage
  • Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • Equity Delivery: Rs 20 per trade
  • Equity Intraday: Rs 20 per trade
Other Charges
  • Call and Trade: Rs 20 per executed order
  • Instant money transfer fee and physical statement fees may apply
  • 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/leverage is segment specific and governed by exchange/risk policies.
  • Delivery generally follows full margin and intraday can provide lower upfront margins.
  • Margin Trading Facility available via 5paisa Pay Later.
  • MTF funding slabs available with different daily interest rates.
Features
  • Digital-first execution with mobile/web stack.
  • Strong derivatives support and low brokerage positioning.
  • Flat-fee structure across segments.
  • One app for stocks, derivatives, mutual funds, ETFs, and bonds.
Trading Platforms
  • Upstox Pro web platform
  • Upstox mobile app
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
Reviews & Ratings
  • Commonly viewed as low-cost, trader-friendly platform.
  • In this extract, no final single consolidated numeric rating table is shown.
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.
Investment Options
  • Equity
  • F&O
  • Equity
  • F&O
Order Types Offered
  • Standard market and limit orders
  • Delivery/intraday/F&O execution flows
  • Regular market orders
  • Delivery and intraday order flows
Suitable For (Investor Type)
  • Cost-sensitive active traders.
  • App-first users who want strong F&O workflow.
  • Cost-conscious traders who prefer flat brokerage.
  • Users who want one platform for trading and investing products.
Pros and Cons
  • Pros:
  • Competitive low-cost brokerage model.
  • Pros:
  • Flat Rs 20 pricing model.

Detailed Comparison

Basic Details

Upstox5paisa
  • Broker Type: Discount broker
  • Founded: Legacy RKSV/Upstox retail broking entity
  • SEBI Registration: INZ000315837
  • NSE Member Code: 13942
  • Net Worth: Rs 839.83 Cr
  • 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

Upstox5paisa
  • Account Opening: Rs 0
  • Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • App/web platform model with low-cost pricing
  • 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

Upstox5paisa
  • Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • Equity Intraday: Rs 20 or 0.05% (whichever is lower)
  • Equity Futures: Rs 20 or 0.05% (whichever is lower)
  • Equity Options: Flat Rs 20 per order
  • Currency/Commodity: Similar low-cost flat-fee pattern as per segment tables
  • 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

Upstox5paisa
  • Call and Trade: Rs 20 per executed order
  • Instant money transfer fee and physical statement fees may apply
  • DP sell charges and statutory charges are additional
  • 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)

Upstox5paisa
  • Margin/leverage is segment specific and governed by exchange/risk policies.
  • Delivery generally follows full margin and intraday can provide lower upfront margins.
  • 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

Upstox5paisa
  • Digital-first execution with mobile/web stack.
  • Strong derivatives support and low brokerage positioning.
  • Direct mutual fund access with zero commission.
  • 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

Upstox5paisa
  • Upstox Pro web platform
  • Upstox mobile app
  • 5paisa Mobile App
  • 5paisa Web / Trader Station
  • 5paisa Trade Terminal (desktop)

Reviews & Ratings

Upstox5paisa
  • Commonly viewed as low-cost, trader-friendly platform.
  • In this extract, no final single consolidated numeric rating table is shown.
  • Positioned as a low-cost broker for active retail users.
  • In this source snapshot, no single consolidated numeric overall rating is highlighted.

Investment Options

Upstox5paisa
  • Equity
  • F&O
  • Commodity
  • Currency
  • Mutual funds
  • Equity
  • F&O
  • Currency
  • Commodities
  • Mutual Funds (including direct plans)
  • ETFs and Bonds

Order Types Offered

Upstox5paisa
  • Standard market and limit orders
  • Delivery/intraday/F&O execution flows
  • Call-and-trade assisted execution
  • Regular market orders
  • Delivery and intraday order flows
  • Derivatives order support through app/web/terminal

Suitable For (Investor Type)

Upstox5paisa
  • Cost-sensitive active traders.
  • App-first users who want strong F&O workflow.
  • Investors needing discount pricing across major segments.
  • 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

Upstox5paisa
  • Pros:
  • Competitive low-cost brokerage model.
  • Broad segment coverage across equity, derivatives, commodity, and currency.
  • Free account opening and strong digital onboarding.
  • Cons:
  • Assisted services add extra charges.
  • Some advanced full-service advisory expectations may not be met.
  • 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.

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