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.
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| Product Name |
5paisa Demat Account & Mobile app ReviewM.stock charges |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | 5paisa m stock |
| Category | Stock brokers Stock brokers |
Company Overview
  |
|
| Company name | 5paisa Mirae Asset Capital Markets (India) Pvt Ltd |
| Headquarters | Thane Mumbai |
| Founder | Prakarsh Gagdani, Nirmal Jain Hyeon Joo Park |
| Establishment Year | 2016 June 1997 |
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) |
| 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
|
|
| Pledge Creation Charges | ₹50 ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
| Pledge Invocation Charges | ₹0 ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
| 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% |
| Margin Re-Pledge | ₹12.50 + GST per scrip ₹25 per PSN |
Brokerage charges & Fees
|
|
| Brokerage Plan | Regular Account Lifetime free AMC' plan |
| Equity Delivery Charges | ₹20 Zero |
| Equity Intraday Charges | ₹20 Zero |
| Equity Futures charges | ₹20 Zero |
| Equity Options charges | ₹20 Zero |
| Currency Futures charges | ₹20 Zero |
| Currency Options charges | ₹20 Zero |
| Commodity Futures charges | ₹20 Do not offer Commodity trading |
| Commodity Options charges | ₹20 Do not offer Commodity trading |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
|
| Trading Services |
Yes
Yes
|
| Intraday Services |
Yes
Yes
|
| F&O Services |
Yes
Yes
|
| IPO Services |
Yes
Yes
|
| Share Pledging |
Yes
Yes
|
| NRI Services |
 No
|
| Referral Program |
Yes
Yes
|
Customer Support
|
|
| Call Support | 089766 89766 1800 210 0818 |
| Email Support | support@5paisa.com help@mstock.com |
| Whatsapp Support |
No
|
| Website Support |
Yes, create ticket
|
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. |
| 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) |
| 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. |
| 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. |
| Currency F&O Margin Leverage | No leverage available; requires full margin upfront 4x to 10x depending on the currency pair and contract type. |
| Commodity F&O Intraday Margin Leverage | No leverage available; requires full margin upfront Does not offer trading in Commodity |
| Commodity F&O Carry Forward Margin Leverage | No leverage available; requires full margin upfront Does not offer trading in Commodity |
Unique Offerings
|
|
| Free Account Opening |
Yes
No
|
| Free Brokerage |
Yes, but with Ultra Trader (₹1199 per month)
Yes
|
| Free AMC |
No
Yes, on 'Lifetime free AMC' plan only
|
| Free Equity Delivery |
Yes, but with Ultra Trader (₹1199 per month)
Yes
|
| Free F&O Trading |
No
Yes
|
| Free Intraday Trading |
Yes, but with Ultra Trader (₹1199 per month)
Yes
|
| Free Trading calls |
₹100
Yes
|
| Happy Trading Hours |
No
No
|
| Flexible Brokerage Plans |
Yes
Yes
|
| Referral Offers |
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
Yes
Yes
|
| Brokerage Cashback |
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
|
| Relationship Manager |
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
|
| Equity Intraday |
Yes
Yes
|
| Equity Futures |
Yes
Yes
|
| Equity Options |
Yes
Yes
|
| Currency Futures |
Yes
Yes
|
| Currency Options |
Yes
Yes
|
| Commodity Futures |
Yes
No
|
| Commodity Options |
Yes
No
|
| Foreign Stocks |
Yes, with Vested
No
|
| Mutual Funds |
Yes
Yes
|
| Banking |
No
No
|
| Insurance |
No
No
|
| Corporate Bonds |
No
No
|
| Govt. Bonds |
Yes
No
|
| Digital Gold |
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
|
| Limit Order |
Yes
Yes
|
| Bracket Order |
Yes
Yes
|
| Cover Order |
Yes
Yes
|
| After Market Order (AMO) |
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
Yes
No
|
| Sell Today Buy Tomorrow (STBT) |
Yes
No
|
Research & Reports
|
|
| Annual Reports |
Yes
No
|
| Company Reports |
Yes
No
|
| Research Reports |
No
No
|
| Fundamental Reports |
Yes
Yes, Basic only
|
| IPO Reports |
Yes
Yes
|
| Technical Reports |
No
Yes, Basic only
|
| Stock tips |
Yes
No
|
| Daily Market Review |
Yes
No
|
| Monthly Review |
Yes
No
|
| Weekly Review |
Yes
No
|
| Robo Advisory |
No
No
|
STT & CTT Charges
|
|
| Equity Delivery STT & CTT | 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 |
| Equity Futures STT & CTT | 0.0125% on the 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 |
| Currency Futures STT & CTT | No STT No STT |
| Currency Options STT & CTT | No STT No STT |
| Commodity Futures STT & CTT | 0.01% on sell side (Non-Agri) Does not offer Commodity trading |
| Commodity Options STT & CTT | 0.05% on sell side Does not offer Commodity trading |
Trading Features
|
|
| Watchlist |
Yes
Yes
|
| Real Time Updates |
Yes
Yes
|
| Portfolio Details |
Yes
Yes
|
| Price Alert |
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
|
| Global indices |
No
No
|
| Customized Recommendations |
No
No
|
| Advanced charting |
Yes
Yes
|
| Live market |
Yes
Yes
|
| Multiple Profile Management |
No
No
|
| Secure Platform |
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
|
| iOS App |
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
|
| Trading Terminal |
Yes
No
|
| Algo Trading Platform |
Yes
No
|
| Foreign Stocks Trading Platform |
Yes
No
|
| Basket Trading Platform |
Yes
Yes
|
| Mutual Fund Investment Platform |
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
|
| Bonds Investment Platform |
Yes
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325%, BSE: 0.00375% |
| Equity Intraday Transaction Charges | NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325%, BSE: 0.00375% |
| Equity Futures Transaction Charges | NSE: 0.0019% | BSE: 0 NSE: 0.0019% |
| Equity Options Transaction Charges | NSE: 0.05% (on premium) | BSE: 0.0325% (on premium) NSE: 0.050% (on premium) |
| Currency Futures Transaction Charges | 0.0009% NSE: Exchange txn charge: 0.0009% |
| Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE: Exchange txn charge: 0.035% |
| Commodity Futures Transaction Charges | Exchange txn charge: 0.0026% Does not offer |
| Commodity Options Transaction Charges | Exchange txn charge: 0.05% Does not offer |
Stamp Duty charges
|
|
| 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 | 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side |
| Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side |
| Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side |
| Commodity Futures Stamp Duty | 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
|
|
| 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 |
| GST charges | 18% of (Brokerage + Transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) |
| Account Closure Charges | Free Free |
| Reactivation Charges | Free Free |
| Dematerialization Charges | ₹15 per certificate + ₹40 for postal charges ₹150 per certificate + ₹100 courier charges |
| Call and Trade charges | ₹100 ₹0 |
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