Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. 5paisa is having overall lower rating compare to Upstox. 5paisa is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 21,85,813 where number of active customer for 5paisa is 4,86,965. Upstox is serving more customer compare to 5paisa.
Here we present side-by-side comparison of 5paisa vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of 5paisa vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared 5paisa vs Upstox's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE, MCX|
|Broker Overview||5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.|
Comparison of 5paisa with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Promotion offer: Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with Upstox. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Upstox doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
|Brokerage Charges Compare||5paisa||Upstox|
|Plan Name||Basic Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||Flat Fee Rs 20||2.5% or Rs 20 whichever is lower|
|Equity Intraday||Flat Fee Rs 20||0.05% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 20||0.05% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 20||0.05% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity Trading||Flat Fee Rs 20||Flat Fee Rs 20|
|Hidden Charges||No||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Rs 50 Per Executable Order|
|Auto Square off Charges||Rs 100 per call(No limit of orders)||Rs 50 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for Upstox|
Compare 5paisa with Upstox on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||Upstox|
|Equity Delivery||NSE:335 Per Cr | BSE:375 Per Cr||NSE:335 Per Cr | BSE:375 Per Cr|
|Equity Intraday||NSE:335 Per Cr | BSE:375 Per Cr||NSE:335 Per Cr | BSE:375 Per Cr|
|Equity Futures||NSE:200 Per Cr | BSE:FREE||NSE:200 Per Cr | BSE:FREE|
|Equity Options||NSE:5050 Per Cr | BSE:3700 Per Cr||NSE:5050 Per Cr | BSE:3700 Per Cr|
|Currency Futures||NSE:90 Per Cr | BSE:25 Per Cr||NSE:90 Per Cr | BSE:25 Per Cr|
|Currency Options||NSE:4000 Per Cr | BSE:100 Per Cr||NSE:4000 Per Cr | BSE:100 Per Cr|
|Commodity||Rs 260 Per Cr||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for upstox|
Compare 5paisa with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where 5paisa offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||5paisa||Upstox|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
|Trading Platform Compare||5paisa||Upstox|
|Desktop Trading Platform||5paisaTradeStation||Upstox Pro|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://pro.upstox.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||5paisa Mobile App||Upstox|
|Mobile Trading App Demo||5paisa Mobile App Demo||Upstox Demo|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod Upstox Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App Download||iOS Upstox Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for 5paisa||Equity Intraday and Delivery Brokerage Calculator for Upstox|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for Upstox|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for Upstox|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for upstox|
|27 Customer Reviews||12 Customer Reviews|
|Trading Brokerage Rating||3.9||3.8|
|Trading Platform Usability||3.3||3.7|
|Customer Service Ratings||2.7||3.5|
|Broker Rating||5paisa is Rated 3.2 / 5 based on 27 customer reviews||Upstox is Rated 3.7 / 5 based on 12 customer reviews|
Compare 5paisa with Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||5paisa||Upstox|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare 5paisa with Upstox on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||Upstox|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare 5paisa with Upstox on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
|Customer Service Compare||5paisa||Upstox|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 89766 89766||+91 22 6130 9999|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
|Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
Compare 5paisa with Upstox on research reports and tips provided by the broker.
Compare 5paisa with Upstox on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Upstox is ₹300 PA where for 5paisa is ₹300 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Upstox is ₹13 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa||₹300 PA|
|Transaction Charges on Debit (Per ISIN)||₹12.50 per ISIN||₹13 + ₹5.50 CDSL charges|
|Demat||₹15 per certificate||₹20 + ₹50 courier charges|
|Remat||₹15 for every hundred securities or ₹15 per certificate whichever is higher||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)|
|Pledge Creation||₹50||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Creation Confirmation||NIL||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure||NIL||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Closure Confirmation||NIL||0.02% of the transaction value (Min ₹50) + CDSL charges|
|Pledge Invocation||NIL||0.05% of the transaction value (Min ₹50)|
|Failed Instruction Charges||Nil||₹50|
Compare 5paisa with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
|pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|Special Offers/Promo||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open 5paisa Account Now>>||Open Upstox Account Now>>|
Last Updated on 2023-09-13T04:14:55+00:00
5Paisa and Upstox both are well-known discount brokers that offer online trading on BSE, NSE, and MCX at a flat brokerage of Rs 20 per order. Compare the two brokers on multiple facets to know which one is a good broker for you.