5paisa vs Mstock vs Shoonya Demat Charges Compared (2026)

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Last updated: May 2026 · Charges and offers verified against official broker pages where noted.


  • Overview
  • Description
  • Brand/Store
  • Availability
  • User Rating
  • Account opening & AMC
  • Account Opening Fee
  • AMC Upto ₹4 Lakh
  • AMC ₹4 to ₹10 Lakh
  • Brokerage Charges & Fees
  • Brokerage Plan
  • Commodity Futures charges
  • Commodity Options charges
  • Currency Futures charges
  • Currency Options charges
  • Equity Delivery Charges
  • Equity Futures charges
  • Equity Intraday Charges
  • Equity Options charges
  • Pledge Charges
  • Interest on Margin Trading
  • Margin Re-Pledge
  • Pledge Creation Charges
  • Pledge Invocation Charges
  • Leverage (Margin) Offered
  • Equity Delivery Margin
  • Equity Intraday Margin
  • Unique Offerings
  • Brokerage Cashback
  • Flexible Brokerage Plans
  • Free Brokerage
  • Free Equity Delivery
  • Free Intraday Trading
  • No Brokerage on Loss Trades
  • STT & CTT Charges
  • Currency Futures STT & CTT
  • Currency Options STT & CTT
  • Equity Delivery STT & CTT
  • Equity Futures STT & CTT
  • Equity Intraday STT & CTT
  • Equity Options STT & CTT
  • Transaction Charges
  • Comm. Futures Trxn. Charges
  • Comm. Options Trxn. Charges
  • Curr. Futures Trxn. Charges
  • Curr. Options Trxn. Charges
  • Equity Del. Trxn. Charges
  • Equity Futures Trxn. Charges
  • Equity Intra. Trxn. Charges
  • Equity Options Trxn. Charges
  • Stamp Duty charges
  • Commodity Futures Stamp Duty
  • Commodity Options Stamp Duty
  • Currency Futures Stamp Duty
  • Currency Options Stamp Duty
  • Equity Delivery Stamp Duty
  • Equity Futures Stamp Duty
  • Equity Intraday Stamp Duty
  • Equity Options Stamp Duty
  • Other Charges
  • Account Closure Charges
  • Call and Trade charges
  • Dematerialization Charges
  • DP Charges
  • GST charges
  • Reactivation Charges
  • SEBI Turnover Charges
  • Auto Square off Charges
  • KRA, CKYC, ESign Charges

For Annual Maintenance Charges (AMC): 5paisa: ₹0 first year; then ₹25/month + GST (₹300/year + GST); Mstock: ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter; Shoonya: ₹0 (Free for lifetime). Informational only; confirm tariffs on each broker's official site before opening an account.

This 5paisa vs Mstock vs Shoonya guide compares charges and account terms for 5paisa, Mstock, and Shoonya. Figures in the table below match the live comparison widget above. Confirm current tariffs on each broker’s official website before opening an account. More comparisons: broker comparisons hub.

Charges at a glance

Parameter5paisaMstockShoonya
Annual Maintenance Charges (AMC)₹0 first year; then ₹25/month + GST (₹300/year + GST)₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter₹0 (Free for lifetime)
Brokerage PlanRegular flat ₹20/order planm.Stock ₹5/order + lifetime operating-charge optionShoonya zero-brokerage online plan
Equity Delivery Charges₹20 per executed order₹0₹0
Equity Intraday Charges₹20 per executed order₹5 per executed order₹0
Equity Futures charges₹20 per executed order₹5 per executed order₹0
Equity Options charges₹20 per executed order₹5 per executed order₹0

Key differences

  • Annual Maintenance Charges (AMC): 5paisa — ₹0 first year; then ₹25/month + GST (₹300/year + GST); Mstock — ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter; Shoonya — ₹0 (Free for lifetime).
  • Brokerage Plan: 5paisa — Regular flat ₹20/order plan; Mstock — m.Stock ₹5/order + lifetime operating-charge option; Shoonya — Shoonya zero-brokerage online plan.
  • Equity Delivery Charges: 5paisa — ₹20 per executed order; Mstock — ₹0; Shoonya — ₹0.
  • Equity Intraday Charges: 5paisa — ₹20 per executed order; Mstock — ₹5 per executed order; Shoonya — ₹0.
  • Equity Futures charges: 5paisa — ₹20 per executed order; Mstock — ₹5 per executed order; Shoonya — ₹0.
  • Equity Options charges: 5paisa — ₹20 per executed order; Mstock — ₹5 per executed order; Shoonya — ₹0.

Individual broker reviews

Read our detailed reviews: 5paisa demat review, Mstock demat review, Shoonya demat review.

FAQs

What is the 5paisa demat account opening fee?

₹0. Confirm on 5paisa's official site.

What is the Mstock demat account opening fee?

₹0. Confirm on Mstock's official site.

What is the Shoonya demat account opening fee?

₹0. Confirm on Shoonya's official site.

What is the 5paisa demat AMC?

₹0 first year; then ₹25/month + GST (₹300/year + GST). Confirm on 5paisa's official site.

What is the Mstock demat AMC?

₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter. Confirm on Mstock's official site.

What is the Shoonya demat AMC?

₹0 (Free for lifetime). Confirm on Shoonya's official site.

What are 5paisa equity delivery brokerage charges?

₹20 per executed order. Confirm on 5paisa's official site.

What are Mstock equity delivery brokerage charges?

₹0. Confirm on Mstock's official site.

Brokerage plans, AMC slabs, and F&O tariffs can change. Use the comparison table at the top of this page for side-by-side product fields, and verify final numbers on official broker sites before you trade. This page is for information and education only—not personalized investment advice.

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