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5paisa: delivery brokerage ₹20 per order, AMC ₹25 a month + GST for some BSDA clients. Upstox: delivery ₹20 per order, AMC ₹0 in year one, then ₹300 + GST a year. A ₹1,00,000 delivery round trip costs ₹285.02 on 5paisa and ₹293.28 on Upstox.
Last updated: October 2026
This page compares 5paisa and Upstox on what you actually pay: brokerage, AMC, DP charges and the total cost of three sample trades. Charges were checked against each broker’s published pricing in October 2026 and can change, so confirm before you open an account. This is information, not investment advice.
5paisa vs Upstox: charges side by side
| Charge | 5paisa | Upstox |
|---|---|---|
| Account opening | ₹0 | ₹0 |
| Equity delivery brokerage | ₹20 per order | ₹20 per order |
| Equity intraday brokerage | ₹20 per order | Lower of ₹20 or 0.1% |
| Futures and options | ₹20 per order | Options ₹20 per order; futures lower of ₹20 or 0.05% |
| Demat AMC | ₹25 a month + GST for BSDA clients with more than one demat account | Free for the first year, then ₹300 + GST a year (non-BSDA) |
| DP charge on sells | ₹15.34 per scrip per day on sells | ₹20 per scrip sold (the examples add 18% GST) |
| Pledge | ₹0 | ₹20 + GST per scrip |
| Call and trade | ₹20 + GST per order | ₹75 + GST per order |
| Auto square-off | ₹20 + GST after a margin shortfall | ₹75 + GST |
What the same trades cost on each broker
These examples add up brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and the DP charge on a round trip (buy and sell). Delivery and intraday trades buy and sell ₹1,00,000 of shares once each. The options trade buys premium worth ₹50,000 and sells it for ₹60,000, with one lot per order. Amounts are rounded to the nearest paisa.
| Trade | 5paisa | Upstox |
|---|---|---|
| Delivery (₹1,00,000 buy and sell) | ₹285.02 | ₹293.28 |
| Intraday (₹1,00,000 buy and sell) | ₹82.68 | ₹82.68 |
| Options (₹50,000 buy, ₹60,000 sell) | ₹184.95 | ₹184.95 |
Delivery: 5paisa costs ₹8.26 less (₹285.02 against ₹293.28). Intraday: the two cost the same (₹82.68). Options: the two cost the same (₹184.95). Your own order sizes and how often you trade decide which costs less, so test them in the calculator.
5paisa or Upstox: what to weigh
5paisa may suit you if:
- you buy and sell delivery often (the ₹1,00,000 round trip costs ₹8.26 less here)
- you sell shares often: the DP charge per sell is lower (₹15.34 against ₹23.60)
- you place phone orders: call and trade is cheaper (₹20 + GST per order against ₹75 + GST per order)
Upstox may suit you if:
- you value features and service that this charges-only page does not cover
Both statements describe published charges, not a recommendation. Your own order sizes, how often you trade and how long you hold shares decide which costs more. Use the brokerage calculator to test your own numbers.
Full charge breakdowns
See every charge, worked examples and FAQs on the 5paisa charges page and the Upstox charges page. More pairs are on the broker comparisons hub.
5paisa vs Upstox: FAQs
Which is cheaper for delivery, 5paisa or Upstox?
5paisa on the ₹1,00,000 delivery example: ₹285.02 on 5paisa and ₹293.28 on Upstox. Delivery brokerage is ₹20 per order at 5paisa and ₹20 per order at Upstox.
Which has the lower AMC?
5paisa: ₹25 a month + GST for some BSDA clients. Upstox: ₹0 in year one, then ₹300 + GST a year.
How do F&O charges compare?
5paisa: ₹20 per order. Upstox: Options ₹20 per order; futures lower of ₹20 or 0.05%. On the options example the round trip costs ₹184.95 on 5paisa and ₹184.95 on Upstox.
How do DP charges compare?
5paisa: ₹15.34 per scrip per day on sells. Upstox: ₹20 per scrip sold (the examples add 18% GST).
Is STT different between brokers?
No. STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options. It is the same at every broker.
Sources
5paisa: 5paisa pricing page. Upstox: Upstox brokerage charges page. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.
Brokerage, AMC and statutory charges change. This page is for information and education only, not investment advice.
