| Basic Details | - •Broker Type: Discount broker
- •Founded: 2010
| - •Broker Type: Discount broker
- •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
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| Charges & AMC | - •Trading and Demat Account Opening: Rs 0
- •Trading AMC: Rs 0
| - •Account Opening: Rs 0
- •Trading AMC: Included in account structure
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| Brokerage | - •Equity Delivery: Rs 0
- •Equity Intraday: Flat Rs 20 or 0.03% (whichever is lower)
| - •Equity Delivery: Rs 20 per trade
- •Equity Intraday: Rs 20 per trade
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| Other Charges | - •Statutory charges apply across segments: STT, exchange charges, GST, SEBI charges, stamp duty.
- •DP and depository-side transactional charges apply for applicable sell-side delivery flows.
| - •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.
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| Leverage (Margin) | - •Intraday leverage can go up to around 20x in selected contexts.
- •Margin remains subject to segment-wise risk and exchange rules.
| - •Margin Trading Facility available via 5paisa Pay Later.
- •MTF funding slabs available with different daily interest rates.
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| Features | - •Market-leading client base and volume share.
- •Transparent flat-fee pricing model.
| - •Flat-fee structure across segments.
- •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
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| Trading Platforms | - •Zerodha Kite (web and mobile)
- •Coin (mutual funds)
| - •5paisa Mobile App
- •5paisa Web / Trader Station
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| Reviews & Ratings | - •Widely regarded as one of the top discount brokers in India.
- •In this extract, no single combined numeric rating table is displayed.
| - •Positioned as a low-cost broker for active retail users.
- •In this source snapshot, no single consolidated numeric overall rating is highlighted.
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| Investment Options | | |
| Order Types Offered | - •Standard market, limit, and intraday order flows
- •Derivatives execution and strategy-linked tools via ecosystem partners
| - •Regular market orders
- •Delivery and intraday order flows
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| Suitable For (Investor Type) | - •Investors seeking transparent low brokerage and direct MF investing.
- •Active traders preferring robust charting/tool ecosystem.
| - •Cost-conscious traders who prefer flat brokerage.
- •Users who want one platform for trading and investing products.
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| Pros and Cons | - •Pros:
- •Zero delivery brokerage and low flat intraday/F&O fees.
| - •Pros:
- •Flat Rs 20 pricing model.
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