Angel One and 5paisa are both full-service discount brokers that facilitate users to trade on multiple exchanges (BSE, NSE, and MCX) at flat discount brokerage rates.
5paisa and Angel One Broker Comparison
- Account opening charges: Zero, opening a 2-in-1 account (Trading + Demat) with Angel One and 5paisa is Free.
- Demat AMC: Angel One charges a comparatively lower maintenance fee of Rs 240 per year while first-year AMC is free. 5paisa has slightly higher AMC charges worth Rs 300 per year.
- Brokerage charges: 5paisa standard plan charges every client a fixed Rs 20 per trade brokerage fee on delivery, intraday, and derivative trading segments. Angel One provides zero brokerage delivery trading (CNC) and Max Rs 20 per order on intraday and F&O trades.
- Trading Platforms: 5paisa web, app, and desktop trading terminal are available for free to use at zero charges. Similarly, Angel One provides the feasibility to customers to trade across mobile app, browser-enabled websites, and Speed Pro terminals for free.
- Research and advisory: 5paisa experts provides comprehensive and extensive research reports and intraday trading tips & calls. Likewise, Angel One has an ARQ-powered stock and mutual fund recommendations to clients.
