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5paisa vs Upstox vs Indmoney

We will compare 5paisa vs Upstox vs Indmoney based on charges, account maintenance charges, investment options, customer service, user reviews, research and analysis, and the track record and reputation of the broker.

Company Overview

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Company name 5paisa Upstox- RKSV Securities India Private Limited (RSIPL) Indmoney- Finzoom Investment Advisors Private Limited
Headquarters Thane Delhi Gurugram, Haryana
Founder Prakarsh Gagdani, Nirmal Jain Ravi Kumar Ashish Kashyap
Establishment Year 2016 April 6, 2009 2019

Account opening & AMC

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
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 ₹0 ₹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 ₹0 ₹0

Pledge Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Pledge Creation Charges ₹50 ₹20 + GST per scrip for Equity & ₹50 + GST per scrip for pledging Futures buy and sell and Options Sell orders only Does not provide
Pledge Invocation Charges ₹0 ₹50 + GST per scrip for unpledging Does not provide
Interest on Margin Trading 0.06% Per Day ₹20/day for every slab of ₹40,000 taken as MTF Does not provide
Margin Re-Pledge ₹12.50 + GST per scrip ₹20 + GST per scrip for Equity Does not provide

Brokerage charges & Fees

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Brokerage Plan Regular Account Standard Standard
Equity Delivery Charges ₹20 ₹20 or 2.5% whichever is lower ₹20 or 0.05% whichever is lower
Equity Intraday Charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) ₹20 or 0.05% whichever is lower
Equity Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) Flat ₹20 per executed order
Equity Options charges ₹20 Flat ₹20 per executed order Flat ₹20 per executed order
Currency Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) Does not offer
Currency Options charges ₹20 Flat ₹20 per executed order Does not offer
Commodity Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) Does not offer
Commodity Options charges ₹20 Flat ₹20 per executed order Does not offer

Customer services offered

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
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 ⛔No
NRI Services ⛔No ✅Yes ⛔No
Referral Program ✅Yes ✅Yes ✅Yes

Customer Support

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Call Support 089766 89766 022-41792999: All Trading Days – 8 am to 5 pm 07314852049
Email Support support@5paisa.com support@upstox.com: All Trading Days – 8 am to 5 pm instockssupport@indmoney.com
Whatsapp Support ⛔No No ⛔No
Website Support ✅Yes, create ticket Yes, 8AM - 7PM IST, Monday - Saturday ✅Yes, Create ticket

Leverage (Margin) Offered

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Equity Delivery Margin Leverage No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. 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 1x to 5x depending on the stock (lower leverage for volatile stocks) No leverage available; you need the full purchase value in your account.
Equity F&O Intraday Margin Leverage No leverage available; requires full margin upfront Leverage is 1.3x across all Equity F&O contracts 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; 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 Leverage is 1.3x across all Currency F&O contracts Does not offer
Commodity F&O Intraday Margin Leverage No leverage available; requires full margin upfront Leverage is 1.3x across all Commodity F&O contracts Does not offer
Commodity F&O Carry Forward Margin Leverage No leverage available; requires full margin upfront No leverage available; requires full margin upfront Does not offer

Unique Offerings

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Free Account Opening ✅Yes ✅Yes ✅Yes
Free Brokerage ✅Yes, but with Ultra Trader (₹1199 per month) On Mutual Funds and IPOs only ✅Yes, IPOs & Mutual Funds only
Free AMC ⛔No ✅Yes ✅Yes
Free Equity Delivery ✅Yes, but with Ultra Trader (₹1199 per month) ⛔No ⛔No
Free F&O Trading ⛔No ⛔No ⛔No
Free Intraday Trading ✅Yes, but with Ultra Trader (₹1199 per month) ⛔No ⛔No
Free Trading calls ₹100 ⛔No ⛔No
Happy Trading Hours ⛔No ⛔No ⛔No
Flexible Brokerage Plans ✅Yes ⛔No ✅Yes
Referral Offers ✅Yes ✅Yes ✅Yes
Margin Funding (MTF)/ Pledging ✅Yes ✅Yes ⛔No
Brokerage Cashback ⛔No ⛔No ⛔No
Zero Brokerage for Loss Making Trades ⛔No ⛔No ⛔No
Relationship Manager ⛔No ⛔No ⛔No

Services Provided

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Equity Delivery ✅Yes ✅Yes ✅Yes
Equity Intraday ✅Yes ✅Yes ✅Yes
Equity Futures ✅Yes ✅Yes ✅Yes
Equity Options ✅Yes ✅Yes ✅Yes
Currency Futures ✅Yes ✅Yes ⛔No
Currency Options ✅Yes ✅Yes ⛔No
Commodity Futures ✅Yes ✅Yes ⛔No
Commodity Options ✅Yes ✅Yes ⛔No
Foreign Stocks ✅Yes, with Vested ⛔No ✅Yes
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

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
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 ⛔No
Sell Today Buy Tomorrow (STBT) ✅Yes ⛔No ⛔No

Research & Reports

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Annual Reports ✅Yes ⛔No ✅Yes
Company Reports ✅Yes ✅Yes, Basic only ✅Yes
Research Reports ⛔No ⛔No ⛔No
Fundamental Reports ✅Yes ✅Yes, Basic only ✅Yes
IPO Reports ✅Yes ✅Yes ✅Yes
Technical Reports ⛔No ✅Yes, Basic only ✅Yes
Stock tips ✅Yes ⛔No ⛔No
Daily Market Review ✅Yes ✅Yes ✅Yes
Monthly Review ✅Yes ✅Yes ✅Yes
Weekly Review ✅Yes ✅Yes ✅Yes
Robo Advisory ⛔No ⛔No ⛔No

STT & CTT Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with 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) 0.0625% on sell side (on premium)
Currency Futures STT & CTT No STT No STT ⛔ Does not offer
Currency Options STT & CTT No STT No STT ⛔ Does not offer
Commodity Futures STT & CTT 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri) ⛔ Does not offer
Commodity Options STT & CTT 0.05% on sell side 0.05% on sell trade ⛔ Does not offer

Trading Features

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
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 ✅Yes
Customized Recommendations ⛔No ⛔No ⛔No
Advanced charting ✅Yes ✅Yes ⛔No
Live market ✅Yes ✅Yes ✅Yes
Multiple Profile Management ⛔No ⛔No ⛔No
Secure Platform ✅Yes ✅Yes ✅Yes

Trading Platforms

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Android App ✅Yes ✅Yes ✅Yes
iOS App ✅Yes ✅Yes ✅Yes
Web Trading Platform ✅Yes ✅Yes ✅Yes
Trading Terminal ✅Yes ✅Yes ⛔No
Algo Trading Platform ✅Yes ✅Yes ⛔No
Foreign Stocks Trading Platform ✅Yes ⛔No ✅Yes
Basket Trading Platform ✅Yes ✅Yes ⛔No
Mutual Fund Investment Platform ✅Yes ✅Yes ✅Yes
Digital Gold Investment Platform ⛔No ⛔No ⛔No
Bonds Investment Platform ✅Yes ⛔No ⛔No

Transaction Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Equity Delivery Transaction Charges NSE: 0.00325% | BSE: 0.00375% NSE 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group BSE: 0.00375%, NSE: 0.00325%
Equity Intraday Transaction Charges NSE: 0.00325% | BSE: 0.00375% NSE: 0.00325% per trade on buy & sell. BSE charges vary as per the scrip group BSE: 0.00375%, NSE: 0.00325%
Equity Futures Transaction Charges NSE: 0.0019% | BSE: 0 NSE Exchange turnover charge: 0.0019%. BSE: Nil NSE: 0.0019%, BSE: 0 (Zero)
Equity Options Transaction Charges NSE: 0.05% (on premium) | BSE: 0.0325% (on premium) NSE Exchange turnover charge: 0.050% (on premium). BSE: 0.0375% (on premium) NSE: 0.05% (on premium), BSE: 0.005% (on premium)
Currency Futures Transaction Charges 0.0009% NSE: Exchange txn charge: 0.0009% & BSE: Exchange txn charge: 0.00022% Does not offer
Currency Options Transaction Charges NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% NSE: Exchange txn charge: 0.035% & BSE: Exchange txn charge: 0.001% Does not offer
Commodity Futures Transaction Charges Exchange txn charge: 0.0026% Non-Agri: Exchange turnover charge: 0.0026% Does not offer
Commodity Options Transaction Charges Exchange txn charge: 0.05% Exchange turnover charge: 0.05% Does not offer

Stamp Duty charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
Equity Delivery Stamp Duty 0.015% or ₹1500 / crore on buy side 0.015% or ₹1500 / crore on buy side 0.015% Buy
Equity Intraday Stamp Duty 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003% Buy
Equity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 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 0.003% or ₹300 / crore on buy side
Currency Futures Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% or Rs 10 per crore on buy-side ⛔ Does not offer
Currency Options Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% or Rs 10 per crore on buy-side ⛔ Does not offer
Commodity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 0.002% or ₹200 per crore on buy-side ⛔ Does not offer
Commodity Options Stamp Duty 0.003% or ₹300 / crore on buy side 0.003% or ₹300 per crore on buy-side ⛔ Does not offer

Other Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingIndmoney review with Charges
SEBI Turnover Charges ₹10 / crore ₹10/crore (For all segments) ₹10/Crore (For all segments)
DP Charges ₹12.5 + GST per scrip ₹18.5 + GST per scrip (irrespective of quantity) ₹13.5/scrip
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 ₹20 per Certificate ₹250 per certificate
Call and Trade charges ₹100 ₹50 + 18% GST ₹ 500 per order