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HomeStock Broker5Paisa vs Upstox

5Paisa vs Upstox

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...

Upstox

Upstox

Active Clients: 20,36,413

Upstox is a technologically advanced low-cost brokerage firm in India, offering trading services in equities, commodities, currency, futures, and options via web and mobile platforms. Upstox has received investment fr...

Side-by-Side Compare Table

Category5paisaUpstox
Basic Details
  • •Broker Type: Discount broker
  • •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
  • •Broker Type: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
Charges & AMC
  • •Account Opening: Rs 0
  • •Trading AMC: Included in account structure
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
Brokerage
  • •Equity Delivery: Rs 20 per trade
  • •Equity Intraday: Rs 20 per trade
  • •Equity Delivery: Rs 20 or 2.5% (whichever is lower)
  • •Equity Intraday: Rs 20 or 0.05% (whichever is lower)
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: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
Leverage (Margin)
  • •Margin Trading Facility available via 5paisa Pay Later.
  • •MTF funding slabs available with different daily interest rates.
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.
Features
  • •Flat-fee structure across segments.
  • •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
Trading Platforms
  • •5paisa Mobile App
  • •5paisa Web / Trader Station
  • •Upstox Pro web platform
  • •Upstox 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.
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.
Investment Options
  • •Equity
  • •F&O
  • •Equity
  • •F&O
Order Types Offered
  • •Regular market orders
  • •Delivery and intraday order flows
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
Suitable For (Investor Type)
  • •Cost-conscious traders who prefer flat brokerage.
  • •Users who want one platform for trading and investing products.
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
Pros and Cons
  • •Pros:
  • •Flat Rs 20 pricing model.
  • •Pros:
  • •Competitive low-cost brokerage model.

Detailed Comparison

Basic Details

5paisaUpstox
  • •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: Discount broker
  • •Founded: Legacy RKSV/Upstox retail broking entity
  • •SEBI Registration: INZ000315837
  • •NSE Member Code: 13942
  • •Net Worth: Rs 839.83 Cr

Charges & AMC

5paisaUpstox
  • •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
  • •Demat AMC: Rs 150 per year (first-year concessions may apply in offers)
  • •App/web platform model with low-cost pricing

Brokerage

5paisaUpstox
  • •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
  • •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

Other Charges

5paisaUpstox
  • •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: Rs 20 per executed order
  • •Instant money transfer fee and physical statement fees may apply
  • •DP sell charges and statutory charges are additional

Leverage (Margin)

5paisaUpstox
  • •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.
  • •Margin/leverage is segment specific and governed by exchange/risk policies.
  • •Delivery generally follows full margin and intraday can provide lower upfront margins.

Features

5paisaUpstox
  • •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.
  • •Digital-first execution with mobile/web stack.
  • •Strong derivatives support and low brokerage positioning.
  • •Direct mutual fund access with zero commission.

Trading Platforms

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

Reviews & Ratings

5paisaUpstox
  • •Positioned as a low-cost broker for active retail users.
  • •In this source snapshot, no single consolidated numeric overall rating is highlighted.
  • •Commonly viewed as low-cost, trader-friendly platform.
  • •In this extract, no final single consolidated numeric rating table is shown.

Investment Options

5paisaUpstox
  • •Equity
  • •F&O
  • •Currency
  • •Commodities
  • •Mutual Funds (including direct plans)
  • •ETFs and Bonds
  • •Equity
  • •F&O
  • •Commodity
  • •Currency
  • •Mutual funds

Order Types Offered

5paisaUpstox
  • •Regular market orders
  • •Delivery and intraday order flows
  • •Derivatives order support through app/web/terminal
  • •Standard market and limit orders
  • •Delivery/intraday/F&O execution flows
  • •Call-and-trade assisted execution

Suitable For (Investor Type)

5paisaUpstox
  • •Cost-conscious traders who prefer flat brokerage.
  • •Users who want one platform for trading and investing products.
  • •Traders who need desktop plus mobile workflow.
  • •Cost-sensitive active traders.
  • •App-first users who want strong F&O workflow.
  • •Investors needing discount pricing across major segments.

Pros and Cons

5paisaUpstox
  • •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:
  • •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.

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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