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HomeStock BrokerINDmoney vs 5Paisa

INDmoney vs 5Paisa

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

INDmoney

INDmoney

Active Clients: 8,38,493

Established in 2019, INDmoney Private Limited is India's comprehensive financial management platform, enabling users to organize, plan, and increase their wealth in a single location. With INDmoney, users can monitor ...

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...

Side-by-Side Compare Table

CategoryINDmoney5paisa
Basic Details
  • •Broker Type: Digital broker and finance super-app model
  • •Founded: 2019
  • •Broker Type: Discount broker
  • •Founded: 2016 (5paisa Capital Ltd under IIFL promoter group)
Charges & AMC
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 0 (lifetime in listed offer)
  • •Account Opening: Rs 0
  • •Trading AMC: Included in account structure
Brokerage
  • •Equity Delivery: 0.05% or Rs 20, whichever is lower
  • •Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • •Equity Delivery: Rs 20 per trade
  • •Equity Intraday: Rs 20 per trade
Other Charges
  • •Minimum brokerage floor in some segments (for example Rs 2).
  • •Pledge/unpledge fee per request applies.
  • •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 wallet boost/MTF style offerings highlighted in source promotions.
  • •Exact leverage depends on product, eligibility, and risk policy.
  • •Margin Trading Facility available via 5paisa Pay Later.
  • •MTF funding slabs available with different daily interest rates.
Features
  • •Unified money tracking plus investing app.
  • •Indian and US investing from one account ecosystem.
  • •Flat-fee structure across segments.
  • •One app for stocks, derivatives, mutual funds, ETFs, and bonds.
Trading Platforms
  • •INDmoney app
  • •INDstocks app
  • •5paisa Mobile App
  • •5paisa Web / Trader Station
Reviews & Ratings
  • •Positioned as a fast-growing digital-first wealth app.
  • •In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • •Positioned as a low-cost broker for active retail users.
  • •In this source snapshot, no single consolidated numeric overall rating is highlighted.
Investment Options
  • •Indian stocks and ETFs
  • •US stocks and ETFs
  • •Equity
  • •F&O
Order Types Offered
  • •Standard order workflows for delivery and intraday.
  • •Basket and options-chain based execution support in platform flow.
  • •Regular market orders
  • •Delivery and intraday order flows
Suitable For (Investor Type)
  • •Users seeking one app for India + US investing.
  • •Mobile-first investors who want finance tracking and execution together.
  • •Cost-conscious traders who prefer flat brokerage.
  • •Users who want one platform for trading and investing products.
Pros and Cons
  • •Pros:
  • •Zero opening and AMC in listed offers.
  • •Pros:
  • •Flat Rs 20 pricing model.

Detailed Comparison

Basic Details

INDmoney5paisa
  • •Broker Type: Digital broker and finance super-app model
  • •Founded: 2019
  • •SEBI Registration: Investment advisor registration noted; broking through exchange memberships
  • •Exchanges Mentioned: NSE, BSE, BSE Star MF membership context
  • •Product Focus: Indian + US market access from one app
  • •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

INDmoney5paisa
  • •Account Opening: Rs 0
  • •Demat AMC: Rs 0 (lifetime in listed offer)
  • •Account model: 2-in-1 (trading + Demat)
  • •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

INDmoney5paisa
  • •Equity Delivery: 0.05% or Rs 20, whichever is lower
  • •Equity Intraday: 0.05% or Rs 20, whichever is lower (minimum Rs 2)
  • •Equity Futures: Rs 20 per order
  • •Equity Options: Rs 20 per order
  • •US Stocks (global access): 0.25% per transaction, max $25
  • •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

INDmoney5paisa
  • •Minimum brokerage floor in some segments (for example Rs 2).
  • •Pledge/unpledge fee per request applies.
  • •Statutory and exchange charges apply where relevant.
  • •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)

INDmoney5paisa
  • •Margin wallet boost/MTF style offerings highlighted in source promotions.
  • •Exact leverage depends on product, eligibility, and risk policy.
  • •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

INDmoney5paisa
  • •Unified money tracking plus investing app.
  • •Indian and US investing from one account ecosystem.
  • •Family finance tracking and planning support.
  • •Dedicated INDstocks app for active trading workflows.
  • •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

INDmoney5paisa
  • •INDmoney app
  • •INDstocks app
  • •Web onboarding and account management flow
  • •5paisa Mobile App
  • •5paisa Web / Trader Station
  • •5paisa Trade Terminal (desktop)

Reviews & Ratings

INDmoney5paisa
  • •Positioned as a fast-growing digital-first wealth app.
  • •In this extracted snapshot, no single consolidated numeric overall rating is listed.
  • •Positioned as a low-cost broker for active retail users.
  • •In this source snapshot, no single consolidated numeric overall rating is highlighted.

Investment Options

INDmoney5paisa
  • •Indian stocks and ETFs
  • •US stocks and ETFs
  • •Mutual funds
  • •IPO
  • •F&O (equity)
  • •NPS and fixed deposits
  • •Equity
  • •F&O
  • •Currency
  • •Commodities
  • •Mutual Funds (including direct plans)
  • •ETFs and Bonds

Order Types Offered

INDmoney5paisa
  • •Standard order workflows for delivery and intraday.
  • •Basket and options-chain based execution support in platform flow.
  • •Regular market orders
  • •Delivery and intraday order flows
  • •Derivatives order support through app/web/terminal

Suitable For (Investor Type)

INDmoney5paisa
  • •Users seeking one app for India + US investing.
  • •Mobile-first investors who want finance tracking and execution together.
  • •Retail users looking for low entry-cost onboarding.
  • •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

INDmoney5paisa
  • •Pros:
  • •Zero opening and AMC in listed offers.
  • •Broad multi-asset coverage including US stocks.
  • •Strong app-led convenience features.
  • •Cons:
  • •No classic 3-in-1 bank integration model.
  • •Currency and commodity F&O availability is limited in the referenced snapshot.
  • •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.

Compare INDmoney with Top Brokers

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