1. Greenshift Homepage
  2. Featured
  3. Compare
  4. 5paisa vs Upstox vs Shoonya

5paisa vs Upstox vs Shoonya

We will compare 5paisa vs Upstox vs Shoonya 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 & RatingShoonya Finvasia Brokerage charges Review
Company name 5paisa Upstox- RKSV Securities India Private Limited (RSIPL) Shoonya by Finvasia
Headquarters Thane Delhi Mumbai
Founder Prakarsh Gagdani, Nirmal Jain Ravi Kumar Sarvjeet Singh Virk and Tajinder Singh Virk
Establishment Year 2016 April 6, 2009 2009

Account opening & AMC

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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 & RatingShoonya Finvasia Brokerage charges Review
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 ₹20
Pledge Invocation Charges ₹0 ₹50 + GST per scrip for unpledging ₹20
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 ₹20

Brokerage charges & Fees

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
Brokerage Plan Regular Account Standard Standard account
Equity Delivery Charges ₹20 ₹20 or 2.5% whichever is lower ₹0
Equity Intraday Charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) ₹0
Equity Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) ₹0
Equity Options charges ₹20 Flat ₹20 per executed order ₹0
Currency Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) ₹0
Currency Options charges ₹20 Flat ₹20 per executed order ₹0
Commodity Futures charges ₹20 ₹20 per executed order or 0.05% (whichever is lower) ₹0
Commodity Options charges ₹20 Flat ₹20 per executed order ₹0

Customer services offered

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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 ⛔No
Referral Program ✅Yes ✅Yes ✅Yes

Customer Support

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
Call Support 089766 89766 022-41792999: All Trading Days – 8 am to 5 pm +91 1726 750 000, +91 9779 097 777
Email Support [email protected] [email protected]: All Trading Days – 8 am to 5 pm [email protected]
Whatsapp Support ⛔No No ⛔ No
Website Support ✅Yes, create ticket Yes, 8AM - 7PM IST, Monday - Saturday ✅Yes, Chat support

Leverage (Margin) Offered

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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) Upto 5x depending on the stock (lower leverage for volatile stocks)
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 No leverage available; you need the full purchase value in your account.
Commodity F&O Intraday Margin Leverage No leverage available; requires full margin upfront Leverage is 1.3x across all Commodity F&O contracts No leverage available; you need the full purchase value in your account.
Commodity 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.

Unique Offerings

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
Free Account Opening ✅Yes ✅Yes ✅Yes
Free Brokerage ✅Yes, but with Ultra Trader (₹1199 per month) On Mutual Funds and IPOs only ✅Yes
Free AMC ⛔No ✅Yes ✅Yes
Free Equity Delivery ✅Yes, but with Ultra Trader (₹1199 per month) ⛔No ✅Yes
Free F&O Trading ⛔No ⛔No ✅Yes
Free Intraday Trading ✅Yes, but with Ultra Trader (₹1199 per month) ⛔No ✅Yes
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 & RatingShoonya Finvasia Brokerage charges Review
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 ✅Yes ✅Yes
Commodity Options ✅Yes ✅Yes ✅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

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

STT & CTT Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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 the sell side
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 No STT
Currency Options STT & CTT No STT No STT No STT
Commodity Futures STT & CTT 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri) 0.01% (of Selling Value)
Commodity Options STT & CTT 0.05% on sell side 0.05% on sell trade 0.05% (of Selling Value)

Trading Features

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
Android App ✅Yes ✅Yes ✅Yes
iOS App ✅Yes ✅Yes ✅Yes
Web Trading Platform ✅Yes ✅Yes ✅Yes
Trading Terminal ✅Yes ✅Yes ✅Yes
Algo Trading Platform ✅Yes ✅Yes ✅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

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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 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 0.00325%
Equity Futures Transaction Charges NSE: 0.0019% | BSE: 0 NSE Exchange turnover charge: 0.0019%. BSE: Nil Exchange txn charge: 0.0019%
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) Exchange txn charge: 0.05% (on premium)
Currency Futures Transaction Charges 0.0009% NSE: Exchange txn charge: 0.0009% & BSE: Exchange txn charge: 0.00022% 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% & BSE: Exchange txn charge: 0.001% Exchange txn charge: 0.035%
Commodity Futures Transaction Charges Exchange txn charge: 0.0026% Non-Agri: Exchange turnover charge: 0.0026% 260/ crore
Commodity Options Transaction Charges Exchange txn charge: 0.05% Exchange turnover charge: 0.05% 5000/ crore

Stamp Duty charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
Equity Delivery Stamp Duty 0.015% or ₹1500 / crore on buy side 0.015% or ₹1500 / crore on buy side 0.015%
Equity Intraday Stamp Duty 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003%
Equity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 0.002% or ₹200 / crore on buy side 0.002%
Equity Options Stamp Duty 0.003% or ₹300 / crore on buy side 0.003% or ₹300 / crore on buy side 0.003%
Currency Futures Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% or Rs 10 per crore on buy-side 0.0001% on Buy Side
Currency Options Stamp Duty 0.0001% or ₹10 / crore on buy side 0.0001% or Rs 10 per crore on buy-side 0.0001% on Buy Side
Commodity Futures Stamp Duty 0.002% or ₹200 / crore on buy side 0.002% or ₹200 per crore on buy-side 0.002%
Commodity Options Stamp Duty 0.003% or ₹300 / crore on buy side 0.003% or ₹300 per crore on buy-side 0.003%

Other Charges

5paisa Demat Account & Mobile app ReviewUpstox app review India in 2024: Brokerage Charges list, AMC & RatingShoonya Finvasia Brokerage charges Review
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) ₹9 + GST/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 ₹150 per certificate + ₹100 courier charges
Call and Trade charges ₹100 ₹50 + 18% GST ₹0
Shopping cart