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HomeStock Broker5Paisa vs ICICIdirect

5Paisa vs ICICIdirect

Side-by-side view of features, pricing context, and platform fit.

5Paisa

5Paisa

Active Clients: 3,43,187

5paisa.com is a prominent online stockbroker providing discounted brokerage services to individual investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed entity founded by IIFL promoter...

ICICIdirect

ICICIdirect

Active Clients: 20,45,086

ICICIdirect is a prominent retail stock broker in India, operating as part of the ICICI Group, and provides online trading and investment services spanning equity, derivatives, IPO, mutual funds, fixed deposits, bonds...

Side-by-Side Compare Table

Category5paisaICICIdirect
Basic Details
  • •Broker Type: Discount broker
  • •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
  • •Broker Type: Full-service broker (ICICI Group)
  • •Founded: 1995 (ICICIdirect platform legacy)
Charges & AMC
  • •Account Opening: Rs 0
  • •Trading AMC: Included in account structure
  • •Account Opening: Rs 0 (as listed)
  • •Demat AMC: Rs 700 per annum (individual account)
Brokerage
  • •Equity Delivery: Rs 20 per trade
  • •Equity Intraday: Rs 20 per trade
  • •Brokerage is plan based (Prime plans and MoneySaver).
  • •Prime plan examples range by subscription slab.
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.
  • •Call and trade charges apply (listed as Rs 50 per order in extract).
  • •Demat debit and operational charges apply per schedule.
Leverage (Margin)
  • •Margin Trading Facility available via 5paisa Pay Later.
  • •MTF funding slabs available with different daily interest rates.
  • •Intraday equity margin can go up to around 5x on eligible stocks.
  • •Delivery and carry-forward generally follow full margin norms.
Features
  • •Flat-fee structure across segments.
  • •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
  • •Integrated 3-in-1 account (bank + trading + Demat).
  • •Strong brand trust and branch-assisted model.
Trading Platforms
  • •5paisa Mobile App
  • •5paisa Web / Trader Station
  • •ICICIdirect.com website
  • •ICICIdirect mobile app
Reviews & Ratings
  • •Positioned as a low-cost broker for active retail users.
  • •In this source snapshot, no single consolidated numeric overall rating is highlighted.
  • •Viewed as feature-rich and trusted for integrated banking workflow.
  • •In this source extract, no final single overall numeric rating table is shown.
Investment Options
  • •Equity
  • •F&O
  • •Equity and derivatives
  • •IPO, mutual funds, bonds, NCDs
Order Types Offered
  • •Regular market orders
  • •Delivery and intraday order flows
  • •Standard market/limit execution flows
  • •VTC/GTC-style functionality referenced in source context
Suitable For (Investor Type)
  • •Cost-conscious traders who prefer flat brokerage.
  • •Users who want one platform for trading and investing products.
  • •Investors wanting 3-in-1 integration and branch support.
  • •Users preferring broader product coverage over pure discount pricing.
Pros and Cons
  • •Pros:
  • •Flat Rs 20 pricing model.
  • •Pros:
  • •Robust integrated banking-broking setup.

Detailed Comparison

Basic Details

5paisaICICIdirect
  • •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
  • •Broker Type: Full-service broker (ICICI Group)
  • •Founded: 1995 (ICICIdirect platform legacy)
  • •SEBI Registration: INZ000183631
  • •NSE Member Code: 07730
  • •Net Worth: Rs 4581.84 Cr

Charges & AMC

5paisaICICIdirect
  • •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)
  • •Account Opening: Rs 0 (as listed)
  • •Demat AMC: Rs 700 per annum (individual account)
  • •Demat debit charge and call-and-trade charges apply

Brokerage

5paisaICICIdirect
  • •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
  • •Brokerage is plan based (Prime plans and MoneySaver).
  • •Prime plan examples range by subscription slab.
  • •MoneySaver example: Delivery 0.29%, Intraday/Futures 0.029%, Options Rs 49 per lot.

Other Charges

5paisaICICIdirect
  • •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.
  • •Call and trade charges apply (listed as Rs 50 per order in extract).
  • •Demat debit and operational charges apply per schedule.
  • •Standard statutory charges apply separately.

Leverage (Margin)

5paisaICICIdirect
  • •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.
  • •Intraday equity margin can go up to around 5x on eligible stocks.
  • •Delivery and carry-forward generally follow full margin norms.

Features

5paisaICICIdirect
  • •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.
  • •Integrated 3-in-1 account (bank + trading + Demat).
  • •Strong brand trust and branch-assisted model.
  • •Research and multi-product investing workflows.

Trading Platforms

5paisaICICIdirect
  • •5paisa Mobile App
  • •5paisa Web / Trader Station
  • •5paisa Trade Terminal (desktop)
  • •ICICIdirect.com website
  • •ICICIdirect mobile app

Reviews & Ratings

5paisaICICIdirect
  • •Positioned as a low-cost broker for active retail users.
  • •In this source snapshot, no single consolidated numeric overall rating is highlighted.
  • •Viewed as feature-rich and trusted for integrated banking workflow.
  • •In this source extract, no final single overall numeric rating table is shown.

Investment Options

5paisaICICIdirect
  • •Equity
  • •F&O
  • •Currency
  • •Commodities
  • •Mutual Funds (including direct plans)
  • •ETFs and Bonds
  • •Equity and derivatives
  • •IPO, mutual funds, bonds, NCDs
  • •Commodities
  • •Insurance and other wealth products

Order Types Offered

5paisaICICIdirect
  • •Regular market orders
  • •Delivery and intraday order flows
  • •Derivatives order support through app/web/terminal
  • •Standard market/limit execution flows
  • •VTC/GTC-style functionality referenced in source context
  • •Delivery, intraday, and derivatives order flows

Suitable For (Investor Type)

5paisaICICIdirect
  • •Cost-conscious traders who prefer flat brokerage.
  • •Users who want one platform for trading and investing products.
  • •Traders who need desktop plus mobile workflow.
  • •Investors wanting 3-in-1 integration and branch support.
  • •Users preferring broader product coverage over pure discount pricing.
  • •ICICI ecosystem customers who value seamless account linkage.

Pros and Cons

5paisaICICIdirect
  • •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.
  • •Pros:
  • •Robust integrated banking-broking setup.
  • •Broad product basket and research availability.
  • •Strong brand and support infrastructure.
  • •Cons:
  • •Brokerage can be high versus discount peers without optimized plan selection.
  • •Charges and plan structure can feel complex for new users.

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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