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5paisa vs Mstock
In this article, we will review ‘5paisa vs M.stock‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
Company Overview
| |
|
Company name
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5paisa
Mirae Asset Capital Markets (India) Pvt Ltd |
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Headquarters
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Thane
Mumbai |
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Founder
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Prakarsh Gagdani, Nirmal Jain
Hyeon Joo Park |
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Establishment Year
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2016
June 1997 |
Account opening & AMC
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|
Account Opening Fee
The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. |
₹0
₹999 (Zero brokerage for life) + ₹999 (Free AMC) |
|
Annual Maintenance Charges (AMC)
This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. |
₹300/year
₹120 every quarter (Zero AMC by paying an additional ₹999, else ₹120 every quarter as AMC) |
Pledge Charges
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Pledge Creation Charges
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₹50
₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
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Pledge Invocation Charges
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₹0
₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
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Interest on Margin Trading
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0.06% Per Day
Up to ₹25 Lakhs: 9.99%, Above ₹25 Lakhs to ₹5 Crore: 8.99%, Above ₹5 Crore: 6.99% |
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Margin Re-Pledge
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₹12.50 + GST per scrip
₹25 per PSN |
Brokerage charges & Fees
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Brokerage Plan
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Regular Account
Lifetime free AMC' plan |
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Equity Delivery Charges
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₹20
Zero |
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Equity Intraday Charges
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₹20
Zero |
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Equity Futures charges
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₹20
Zero |
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Equity Options charges
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₹20
Zero |
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Currency Futures charges
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₹20
Zero |
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Currency Options charges
|
₹20
Zero |
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Commodity Futures charges
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₹20
Do not offer Commodity trading |
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Commodity Options charges
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₹20
Do not offer Commodity trading |
Customer services offered
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Demat Services
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✅Yes
✅Yes |
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Trading Services
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✅Yes
✅Yes |
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Intraday Services
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✅Yes
✅Yes |
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F&O Services
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✅Yes
✅Yes |
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IPO Services
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✅Yes
✅Yes |
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Share Pledging
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✅Yes
✅Yes |
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NRI Services
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⛔No
⛔ |
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Referral Program
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✅Yes
✅Yes |
Customer Support
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Call Support
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089766 89766
1800 210 0818 |
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Email Support
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support@5paisa.com
help@mstock.com |
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Whatsapp Support
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⛔No
⛔ |
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Website Support
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✅Yes, create ticket
⛔ |
Leverage (Margin) Offered
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Equity Delivery Margin Leverage
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No leverage available; requires full margin upfront
No leverage available; you need the full purchase value in your account. |
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Equity Intraday Margin Leverage
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Upto 5x depending on the stock (lower leverage for volatile stocks)
Leverage ranges from 3x to 4x depending on the stock (lower leverage for volatile stocks) |
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Equity F&O Intraday Margin Leverage
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No leverage available; requires full margin upfront
No leverage available; you need the full purchase value in your account. |
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Equity F&O Carry Forward Margin Leverage
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No leverage available; requires full margin upfront
No leverage available; you need the full purchase value in your account. |
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Currency F&O Margin Leverage
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No leverage available; requires full margin upfront
4x to 10x depending on the currency pair and contract type. |
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Commodity F&O Intraday Margin Leverage
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No leverage available; requires full margin upfront
Does not offer trading in Commodity |
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Commodity F&O Carry Forward Margin Leverage
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No leverage available; requires full margin upfront
Does not offer trading in Commodity |
Unique Offerings
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Free Account Opening
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✅Yes
⛔No |
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Free Brokerage
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✅Yes, but with Ultra Trader (₹1199 per month)
✅Yes |
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Free AMC
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⛔No
✅Yes, on 'Lifetime free AMC' plan only |
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Free Equity Delivery
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✅Yes, but with Ultra Trader (₹1199 per month)
✅Yes |
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Free F&O Trading
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⛔No
✅Yes |
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Free Intraday Trading
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✅Yes, but with Ultra Trader (₹1199 per month)
✅Yes |
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Free Trading calls
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₹100
✅Yes |
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Happy Trading Hours
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⛔No
⛔No |
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Flexible Brokerage Plans
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✅Yes
✅Yes |
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Referral Offers
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✅Yes
✅Yes |
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Margin Funding (MTF)/ Pledging
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✅Yes
✅Yes |
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Brokerage Cashback
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⛔No
⛔No |
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Zero Brokerage for Loss Making Trades
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⛔No
⛔No |
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Relationship Manager
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⛔No
⛔No |
Services Provided
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Equity Delivery
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✅Yes
✅Yes |
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Equity Intraday
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✅Yes
✅Yes |
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Equity Futures
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✅Yes
✅Yes |
|
Equity Options
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✅Yes
✅Yes |
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Currency Futures
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✅Yes
✅Yes |
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Currency Options
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✅Yes
✅Yes |
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Commodity Futures
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✅Yes
⛔No |
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Commodity Options
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✅Yes
⛔No |
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Foreign Stocks
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✅Yes, with Vested
⛔No |
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Mutual Funds
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✅Yes
✅Yes |
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Banking
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⛔No
⛔No |
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Insurance
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⛔No
⛔No |
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Corporate Bonds
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⛔No
⛔No |
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Govt. Bonds
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✅Yes
⛔No |
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Digital Gold
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⛔No
⛔No |
Order Types
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Market Order
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✅Yes
✅Yes |
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Limit Order
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✅Yes
✅Yes |
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Bracket Order
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✅Yes
✅Yes |
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Cover Order
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✅Yes
✅Yes |
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After Market Order (AMO)
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✅Yes
✅Yes |
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Good Till Cancelled (GTC)
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✅Yes
✅Yes |
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Buy Today Sell Tomorrow (BTST)
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✅Yes
⛔No |
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Sell Today Buy Tomorrow (STBT)
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✅Yes
⛔No |
Research & Reports
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Annual Reports
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✅Yes
⛔No |
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Company Reports
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✅Yes
⛔No |
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Research Reports
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⛔No
⛔No |
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Fundamental Reports
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✅Yes
✅Yes, Basic only |
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IPO Reports
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✅Yes
✅Yes |
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Technical Reports
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⛔No
✅Yes, Basic only |
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Stock tips
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✅Yes
⛔No |
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Daily Market Review
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✅Yes
⛔No |
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Monthly Review
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✅Yes
⛔No |
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Weekly Review
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✅Yes
⛔No |
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Robo Advisory
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⛔No
⛔No |
STT & CTT Charges
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Equity Delivery STT & CTT
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0.1% on Buy & Sell
0.1% on buy & sell |
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Equity Intraday STT & CTT
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0.025% on the sell side
0.025% on the sell side |
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Equity Futures STT & CTT
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0.0125% on the sell side
0.0125% on sell side |
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Equity Options STT & CTT
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0.0625% on sell side (on premium)
0.0625% on sell side (on premium) and/or 0.125% of the intrinsic value on options that are bought and exercised |
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Currency Futures STT & CTT
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No STT
No STT |
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Currency Options STT & CTT
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No STT
No STT |
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Commodity Futures STT & CTT
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0.01% on sell side (Non-Agri)
Does not offer Commodity trading |
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Commodity Options STT & CTT
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0.05% on sell side
Does not offer Commodity trading |
Trading Features
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Watchlist
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✅Yes
✅Yes |
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Real Time Updates
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✅Yes
✅Yes |
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Portfolio Details
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✅Yes
✅Yes |
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Price Alert
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✅Yes
✅Yes |
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Online Mutual Fund Buy
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✅Yes
✅Yes |
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Global indices
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⛔No
⛔No |
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Customized Recommendations
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⛔No
⛔No |
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Advanced charting
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✅Yes
✅Yes |
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Live market
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✅Yes
✅Yes |
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Multiple Profile Management
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⛔No
⛔No |
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Secure Platform
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✅Yes
✅Yes |
Trading Platforms
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Android App
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✅Yes
✅Yes |
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iOS App
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✅Yes
✅Yes |
|
Web Trading Platform
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✅Yes
✅Yes |
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Trading Terminal
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✅Yes
⛔No |
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Algo Trading Platform
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✅Yes
⛔No |
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Foreign Stocks Trading Platform
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✅Yes
⛔No |
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Basket Trading Platform
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✅Yes
✅Yes |
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Mutual Fund Investment Platform
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✅Yes
✅Yes |
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Digital Gold Investment Platform
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⛔No
⛔No |
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Bonds Investment Platform
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✅Yes
⛔No |
Transaction Charges
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Equity Delivery Transaction Charges
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NSE: 0.00325% | BSE: 0.00375%
NSE: 0.00325%, BSE: 0.00375% |
|
Equity Intraday Transaction Charges
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NSE: 0.00325% | BSE: 0.00375%
NSE: 0.00325%, BSE: 0.00375% |
|
Equity Futures Transaction Charges
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NSE: 0.0019% | BSE: 0
NSE: 0.0019% |
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Equity Options Transaction Charges
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NSE: 0.05% (on premium) | BSE: 0.0325% (on premium)
NSE: 0.050% (on premium) |
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Currency Futures Transaction Charges
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0.0009%
NSE: Exchange txn charge: 0.0009% |
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Currency Options Transaction Charges
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NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001%
NSE: Exchange txn charge: 0.035% |
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Commodity Futures Transaction Charges
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Exchange txn charge: 0.0026%
Does not offer |
|
Commodity Options Transaction Charges
|
Exchange txn charge: 0.05%
Does not offer |
Stamp Duty charges
| |
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Equity Delivery Stamp Duty
|
0.015% or ₹1500 / crore on buy side
0.015% or ₹1500 / crore on buy side |
|
Equity Intraday Stamp Duty
|
0.003% or ₹300 / crore on buy side
0.003% or ₹300 / crore on buy side |
|
Equity Futures Stamp Duty
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0.002% or ₹200 / crore on buy side
0.002% or ₹200 / crore on buy side |
|
Equity Options Stamp Duty
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0.003% or ₹300 / crore on buy side
0.003% or ₹300 / crore on buy side |
|
Currency Futures Stamp Duty
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0.0001% or ₹10 / crore on buy side
0.0001% or ₹10 / crore on buy side |
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Currency Options Stamp Duty
|
0.0001% or ₹10 / crore on buy side
0.0001% or ₹10 / crore on buy side |
|
Commodity Futures Stamp Duty
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0.002% or ₹200 / crore on buy side
Does not offer |
|
Commodity Options Stamp Duty
|
0.003% or ₹300 / crore on buy side
Does not offer |
Other Charges
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SEBI Turnover Charges
|
₹10 / crore
₹10/crore (For all segments) |
|
DP Charges
|
₹12.5 + GST per scrip
₹12 + GST per ISIN per transaction per day |
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GST charges
|
18% of (Brokerage + Transaction charges + Demat)
18% of (brokerage + transaction charges + Demat) |
|
Account Closure Charges
|
Free
Free |
|
Reactivation Charges
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Free
Free |
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Dematerialization Charges
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₹15 per certificate + ₹40 for postal charges
₹150 per certificate + ₹100 courier charges |
|
Call and Trade charges
|
₹100
₹0 |
