5paisa is renowned as a low-cost discount stock broker, with a focus on low-cost trading across the entire financial services spectrum, including equities, derivatives, commodities, mutual funds, and insurance. 5paisa has backing from IIFL, operating a paperless online trading and investment platform via a mobile app and web terminal. 5paisa uses a pricing model of ₹20 per trade, making it the perfect discount stock broker for beginners as well as active traders. The broker offers smart tools: Algo trading, research reports, and portfolio analytics for their clients’ ease. The affordability, paperless account opening, and user-friendly structure of their online trading platform is preferred by investors looking for fast, efficient, technology-based trading and investment solutions in the Indian financial markets.
| Services Rating | 5paisa |
|---|---|
| Overall Rating | ★★★★★ |
| Brokerage Charges | ★★★★★ |
| Trading Platform | ★★★★★ |
| Investments Offering | ★★★★★ |
| Customer Service | ★★★★★ |
| Broker Type | Full Service Broker |
| Exchanges Supported | NSE, BSE |
| Active Clients | |
| Broker Overview | 5Paisa Review |
Account Opening Charges and AMC
5paisa offers a free trading account and demat account opening and charges an Annual Maintenance Charge (AMC) of ₹25 + GST per month.
| Charges | 5paisa |
|---|---|
| Trading Account Opening | Zero |
| Trading AMC | ₹300 per year |
| Demat Account Opening | Zero |
| Demat AMC | ₹25 + GST per month |
| Provide DP Service | Yes |
Brokerage Plans
5paisa offers multiple brokerage plans, including both monthly and yearly options — giving traders flexibility based on their trading volume.
| Plan Types | 5paisa |
|---|---|
| Multiple Plans | - |
| Monthly Plans | - |
| Yearly Plans | - |
Brokerage Charges
5paisa charges Rs 20 or 0.1% for equity delivery and intraday and Rs 20 for futures, options, and commodities — ensuring a simple and transparent flat-fee pricing structure.
| Brokerage Charges | 5paisa |
|---|---|
| Plan Name | - |
| Equity Delivery | ₹20/order |
| Equity Intraday | ₹20/order |
| Equity Futures | ₹20/order |
| Equity Options | ₹20/order |
| Currency Futures | ₹20/order |
| Currency Options | ₹20/order |
| Commodity Futures | |
| Commodity Options | |
| Hidden Charges | No |
| Call & Trade Charges | ₹20 |
| Auto Square off Charges | ₹20 |
| Brokerage Calculator | 5paisa Brokerage Calculator |
Transactions Charges
| Transactions Charges | 5paisa |
|---|---|
| Equity Delivery | NSE: 0.00297% BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% BSE: 0 |
| Equity Options | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% |
| Currency Futures | NSE: 0.00035% BSE: 0.00045% |
| Currency Options | NSE: 0.0311% BSE: 0.001% |
| Commodity | 0.0418% |
Account Features
5paisa offers several powerful features such as advanced charting and analysis tools, algo trading support for automation, instant SMS alerts for market updates, online demo sessions and video tutorials, ensuring a smooth and modern trading experience for all types of users. Overall, 5paisa provides advanced account features including easy account setup, smart trading tools, interactive charts, algo trading, online demo guidance, and a personalized online portfolio, making it a complete trading and investment platform for all users.
| Compare Account Features | 5paisa |
|---|---|
| 3-in-1 Account | No |
| Charting | Yes |
| Algo Trading | Yes |
| SMS Alerts | Yes |
| Online Demo | Yes |
| Online Portfolio | Yes |
| Margin Trading Funding Available | Yes |
| Combined Ledger for Equity and Commodity | Yes |
| Intraday Square-off Time | 3:20 PM |
| NRI Trading | No |
Trading Platforms
5paisa provides a seamless trading experience across multiple platforms including a modern web-based trading platform, a mobile-friendly trading interface, an Android trading app, an iPhone trading app, an Android tablet app, an iPad trading app. Traders can access their accounts anytime, whether on web or mobile devices. The software ensures fast execution, stability, and real-time performance for all users.
| Trading Platforms | 5paisa |
|---|---|
| Web Trading Platform | Yes |
| Web Trading Detail | 5paisa |
| Mobile Trading | Yes |
| Mobile Trading App | Yes |
| Android Mobile App | Yes |
| Android App Download | 5paisa App Download |
| iPhone Mobile App (IOS) | Yes |
| iOS App Download | App Download |
| Android Tablet App | Yes |
| iPad App (IOS) | Yes |
| Trading Software Charges | Zero |
Broker Ratings
5paisa maintains impressive ratings with fees rated 4.3, brokerage rated 4.3, platform usability rated 4.3, and customer service rated 4.2. The broker’s overall rating stands at 4.3 out of 5, reflecting its balanced performance across key areas. Overall, 5paisa is recognized for offering dependable service, fair pricing, and a user-friendly trading experience.
| Broker Ratings | 5paisa |
|---|---|
| Fees Ratings | 4.3 |
| Trading Brokerage Rating | 4.3 |
| Trading Platform Usability | 4.3 |
| Customer Service Ratings | 4.2 |
| Overall Ratings | 4.3 |
Investment Offerings
5paisa offers a wide range of investment options including equity cash and F&O, currency derivatives, commodity trading, online IPO applications, mutual funds, bonds and NCDs, and more — giving investors complete portfolio diversification across equity, debt, and alternative products. Overall, 5paisa ensures a comprehensive investment experience — from IPOs and mutual funds to derivatives and commodities — enabling investors to diversify effortlessly.
| Investment Offerings | 5paisa |
|---|---|
| Equity Cash and F&O | Yes |
| Currency Derivatives | Yes |
| Commodity | Yes |
| Online IPO Application | Yes |
| Mutual Funds | Yes |
| Bond / NCD | Yes |
| ETF | Yes |
| Banking | No |
| Insurance | No |
| Forex | Yes |
| MF SIP Investment | Yes |
| Equity SIP Investment | Yes |
| PMS Service | No |
| Other Investment Options | Yes |
Customer Support Offered
Explore the range of customer support services offered by 5paisa.
| Customer Support | 5paisa |
|---|---|
| 24/7 Customer Service | |
| Email Support | Yes |
| Online Live Chat | Yes |
| Phone Support | Yes |
| Toll Free Number | |
| Through Branches | |
| Customer Care Number | 8976689766 |
| Account Opening Process | Online/Paperless |
| Customer Support Email | [email protected] |
| Knowledge Center/Education | |
| Head Office Address | IIFL House, Sun Infotech Park, Road No. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra – 400604 |
| Website | https://www.5paisa.com/ |
Research and Reports
| Research | 5paisa |
|---|---|
| Research Mutual Funds | Yes |
| Research Equity Reports | Yes |
| Research ETF | Yes |
| Daily Market Report | Yes |
| Free Tips | No |
| Quarterly Result Analysis | Yes |
| News Alerts | Yes |
Demat Account Charges
5paisa offers a Demat account with CDSL as DP source. The annual maintenance charge (AMC) is ₹300 per year, and transaction charges per ISIN are ₹20 + GST per scrip. Services like demat, remat, and pledge creation are available for seamless securities management. 5paisa provides a full-featured Demat account with DP source as CDSL, AMC of ₹300 per year per year, transaction charge of ₹20 + GST per scrip per ISIN, pledge creation charge of ₹20 + GST, demat charge of ₹15, offering a complete and transparent experience for investors.
| Demat Charges | 5paisa |
|---|---|
| DP Source | CDSL |
| DP ID | 192-2016 |
| Demat Account Annual Maintenance Charges (AMC) | ₹300 per year |
| Advance Deposit | No |
| Transaction Charges on Debit (Per ISIN) | ₹20 + GST per scrip |
| Demat | ₹15 |
| Remat | ₹15 + CDSL charges |
| Pledge Creation | ₹20 + GST |
| Pledge Creation Confirmation | ₹20 + GST |
| Pledge Closure | ₹20 + GST |
| Pledge Closure Confirmation | ₹20 + GST |
| Pledge Invocation | ₹20 + GST |
| Failed Instruction Charges | ₹20 + GST |
| Other Charges |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| 5paisa |
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FAQs on 5paisa Review
Yes, 5paisa is considered one of the safest brokers in India. It is a SEBI-registered stockbroker, a member of NSE and BSE and has a strong track record of transparency and compliance.
5paisa offers competitive brokerage charges. Typically, it charges ₹20/order for equity delivery and intraday trades and ₹Yes for F&O trades, making it one of the most affordable brokers in India.
5paisa provides multiple platforms for trading and investing including mobile and web platforms, offering a smooth, reliable, and user-friendly experience.
You can open an account with 5paisa online through an eKYC process. Online/Paperless Generally, the account gets activated within 24–48 hours once the documents are verified.
Yes, you can invest in direct mutual funds via 5paisa platform. It allows you to buy and manage all your mutual funds online without paying commissions.