5paisa vs M.stock vs Dhan
We will compare 5paisa vs M.stock vs Dhan based on charges, account maintenance charges, investment options, customer service, user reviews, research and analysis, and the track record and reputation of the broker.
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| Product Name |
5paisa Demat Account & Mobile app ReviewM.stock chargesDhan app review & charges |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | 5paisa m stock Dhan |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
|
| Company name | 5paisa Mirae Asset Capital Markets (India) Pvt Ltd Dhan |
| Headquarters | Thane Mumbai Mumbai |
| Founder | Prakarsh Gagdani, Nirmal Jain Hyeon Joo Park Mr Pravin Jadhav |
| Establishment Year | 2016 June 1997 2021 |
Account opening & AMC
|
|
| 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) ₹0 |
| 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) ₹0 |
Pledge Charges
|
|
| Pledge Creation Charges | ₹50 ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan ₹ 12.5 / transaction / ISIN + GST |
| Pledge Invocation Charges | ₹0 ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan ₹ 12.5 / transaction / ISIN + GST |
| Interest on Margin Trading | 0.06% Per Day Up to ₹25 Lakhs: 9.99%, Above ₹25 Lakhs to ₹5 Crore: 8.99%, Above ₹5 Crore: 6.99% 0.0438% per day on outstanding MTF and non MTF debit and non maintenance of 50:50 margin |
| Margin Re-Pledge | ₹12.50 + GST per scrip ₹25 per PSN ₹ 12.5 / transaction / ISIN + GST |
Brokerage charges & Fees
|
|
| Brokerage Plan | Regular Account Lifetime free AMC' plan Standard |
| Equity Delivery Charges | ₹20 Zero ₹0 |
| Equity Intraday Charges | ₹20 Zero ₹20 or 0.03% per executed order whichever is lower |
| Equity Futures charges | ₹20 Zero ₹20 or 0.03% per executed order whichever is lower |
| Equity Options charges | ₹20 Zero ₹20 per executed order |
| Currency Futures charges | ₹20 Zero ₹20 or 0.03% per executed order whichever is lower |
| Currency Options charges | ₹20 Zero ₹20 per executed order |
| Commodity Futures charges | ₹20 Do not offer Commodity trading ₹20 or 0.03% per executed order whichever is lower |
| Commodity Options charges | ₹20 Do not offer Commodity trading ₹20 per executed order |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
Yes
Yes
Yes
|
| NRI Services |
 No
Yes
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 089766 89766 1800 210 0818 +91 9987761000 (9:00 am to 6:00 pm on Market Trading days) |
| Email Support | support@5paisa.com help@mstock.com help@dhan.co (24x7) |
| Whatsapp Support |
No
No
|
| Website Support |
Yes, create ticket
Yes, 8 AM to 12 AM (Monday to Friday), 8 AM to 10 PM (Saturday & Sunday)
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. Upto 1.39x depending on the stock (lower leverage for volatile stocks) |
| Equity Intraday Margin Leverage | 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) Upto 4x depending on the stock (lower leverage for volatile stocks) |
| Equity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront |
| Equity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront |
| Currency F&O Margin Leverage | No leverage available; requires full margin upfront 4x to 10x depending on the currency pair and contract type. No leverage available; requires full margin upfront |
| Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront Does not offer trading in Commodity No leverage available; requires full margin upfront |
| Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront Does not offer trading in Commodity No leverage available; requires full margin upfront |
Unique Offerings
|
|
| Free Account Opening |
Yes
No
Yes
|
| Free Brokerage |
Yes, but with Ultra Trader (₹1199 per month)
Yes
Yes, On Equity Delivery, ETFs, IPO & Mutual Funds only
|
| Free AMC |
No
Yes, on 'Lifetime free AMC' plan only
Yes
|
| Free Equity Delivery |
Yes, but with Ultra Trader (₹1199 per month)
Yes
Yes
|
| Free F&O Trading |
No
Yes
No
|
| Free Intraday Trading |
Yes, but with Ultra Trader (₹1199 per month)
Yes
No
|
| Free Trading calls |
₹100
Yes
No
|
| Happy Trading Hours |
No
No
No
|
| Flexible Brokerage Plans |
Yes
Yes
Yes
|
| Referral Offers |
Yes
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
Yes
Yes
Yes
|
| Brokerage Cashback |
No
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
No
|
| Relationship Manager |
No
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
Yes
|
| Equity Intraday |
Yes
Yes
Yes
|
| Equity Futures |
Yes
Yes
Yes
|
| Equity Options |
Yes
Yes
Yes
|
| Currency Futures |
Yes
Yes
Yes
|
| Currency Options |
Yes
Yes
Yes
|
| Commodity Futures |
Yes
No
Yes
|
| Commodity Options |
Yes
No
Yes
|
| Foreign Stocks |
Yes, with Vested
No
No
|
| Mutual Funds |
Yes
Yes
Yes
|
| Banking |
No
No
No
|
| Insurance |
No
No
No
|
| Corporate Bonds |
No
No
No
|
| Govt. Bonds |
Yes
No
No
|
| Digital Gold |
No
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
Yes
|
| Limit Order |
Yes
Yes
Yes
|
| Bracket Order |
Yes
Yes
Yes
|
| Cover Order |
Yes
Yes
Yes
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
Yes
No
Yes
|
| Sell Today Buy Tomorrow (STBT) |
Yes
No
No
|
Research & Reports
|
|
| Annual Reports |
Yes
No
Yes
|
| Company Reports |
Yes
No
Yes
|
| Research Reports |
No
No
No
|
| Fundamental Reports |
Yes
Yes, Basic only
No
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
No
Yes, Basic only
Yes
|
| Stock tips |
Yes
No
No
|
| Daily Market Review |
Yes
No
No
|
| Monthly Review |
Yes
No
Yes
|
| Weekly Review |
Yes
No
No
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
|
|
| Equity Delivery STT & CTT | 0.1% on Buy & Sell 0.1% on buy & sell 0.1% on buy & sell |
| Equity Intraday STT & CTT | 0.025% on the sell side 0.025% on the sell side 0.025% on sell transactions |
| Equity Futures STT & CTT | 0.0125% on the sell side 0.0125% on sell side 0.0125% on sell side |
| Equity Options STT & CTT | 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 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) |
| Currency Futures STT & CTT | No STT No STT No STT |
| Currency Options STT & CTT | No STT No STT No STT |
| Commodity Futures STT & CTT | 0.01% on sell side (Non-Agri) Does not offer Commodity trading 0.01% on sell side |
| Commodity Options STT & CTT | 0.05% on sell side Does not offer Commodity trading 0.05% on sell side |
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
No
No
No
|
| Customized Recommendations |
No
No
No
|
| Advanced charting |
Yes
Yes
Yes
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
Yes
No
Yes
|
| Algo Trading Platform |
Yes
No
Yes
|
| Foreign Stocks Trading Platform |
Yes
No
No
|
| Basket Trading Platform |
Yes
Yes
Yes
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
Yes
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325%, BSE: 0.00375% BSE: 0.00375%, NSE: 0.00325% |
| Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325%, BSE: 0.00375% BSE: 0.00375%, NSE: 0.00325% |
| Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 NSE: 0.0019% NSE: 0.0019%, BSE: 0 (Zero) |
| Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.0325% (on premium) NSE: 0.050% (on premium) NSE: 0.05% (on premium), BSE: 0.005% (on premium) |
| Currency Futures Transaction Charges | 0.0009% NSE: Exchange txn charge: 0.0009% NSE: 0.0009%, BSE: 0.0009%, Interest Rate Derivatives: 0.00015% |
| Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE: Exchange txn charge: 0.035% NSE: 0.035%, BSE: 0.001% |
| Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% Does not offer Group A, B : 0.0026% |
| Commodity Options Transaction Charges | Exchange txn charge: 0.05% Does not offer 0.05% |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side 0.015% or ₹1500 / crore on buy side 0.015% on turnover of buy orders |
| Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003% on turnover of buy orders |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side 0.0125% on sell side |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) |
| Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side 0.0001% on turnover of buy orders |
| Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side 0.0001% on turnover of buy orders |
| Commodity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side Does not offer 0.002% on turnover of buy orders |
| Commodity Options Stamp Duty | 0.003% or ₹300 / crore on buy side Does not offer 0.003% on turnover of buy orders |
Other Charges
|
|
| SEBI Turnover Charges | ₹10 / crore ₹10/crore (For all segments) ₹10/Crore (For all segments) |
| DP Charges | ₹12.5 + GST per scrip ₹12 + GST per ISIN per transaction per day ₹ 12.50 / instruction / ISIN + GST. |
| GST charges | 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹15 per certificate + ₹40 for postal charges ₹150 per certificate + ₹100 courier charges ₹150 per certificate + ₹100 courier charges |
| Call and Trade charges | ₹100 ₹0 ₹ 50 / order + GST |
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