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IPO Index

5Paisa Review 2026

5Paisa offers discount brokerage services with flat fees for trades. You can access a range of financial assets online and via mobile trading apps. Plus, they provide free IPO and mutual fund investments. Their dedicated FnO platform includes free research reports and trading tips. Trade with 5Paisa for the lowest brokerage.

Free
A/C Opening
Free
Demat AMC
Flat ₹20
Futures
Flat ₹20
Options
4★ Overall

🎯 Open Free Groww Account – Lifetime Zero AMC

Paperless KYC | ₹20 Brokerage | 5000+ Direct Mutual Funds
Overview
Charges
Products & Services
Account Opening
Best Trading Apps
IPO
MTF
NRI
FAQ

Quick 5Paisa Overview

INZ000010231

Top Highlights

Market Position
Zero Brokerage
Account Setup
0 Cost
Maximum Fee
₹20
Active Users
3.85 to 4 lakh
Debt Status
–
Direct MF
0 Cost
Leverage Limit
Up-to 4x

Ratings

Fees
4.5/5
App
4/5
Support
3.5/5
Trust
4/5
Ease of Use
4/5
Platform Performance
4/5
Beginner Friendliness
4/5

Charges Overview

Trading Account Opening / AMC
Free
Demat Account Opening
Free
Demat Account AMC
₹300 PA (First Year Waived)
Equity Delivery Brokerage
Lower of ₹20 or 0.10%
Intraday / Futures
₹20 or 0.03% / Flat ₹20
Options
Rs 20 Flat
Hidden Costs
0
Equity Cash
Currency/Commodity
F&O
IPO
MF/ETF
Bond/NCD
Equity & MF SIP
Banking/Insurance
Portfolio Management

5Paisa Brokerage, Demat, and Other Charges (2026)

This section explains each 5Paisa fee type in detail.

Account Opening/AMC Charges

You do not have to pay any 5Paisa charges to open your trading and demat account. However, you must pay a fixed maintenance fee every year to keep your demat account active.

Operational ProcessFee Value
Trading Setup Free
Demat Setup Free
Trading Maintenance Free
Demat Maintenance ₹300 PA
Important Note: You will never pay any yearly maintenance fees for your trading account with 5paisa.
Demat Account

The central depository services limited (CDSL) manages your electronic shares safely through this platform. You do not pay any money when shares enter your account, but you pay a fixed fee when you sell them.

Activity TypeApplicable Fees
Inward Shares (Buy) ₹ 0
Outward Market Trades (Sell) ₹12.50 per ISIN
Off-Market Debits –
Cheque Bounce –
Physical Statement –
CML Modification –
KRA Processing –
Important Note: You enjoy 0 charges for receiving shares into your demat profile during buy trades.
Equity Charges

5Paisa charges have standard brokerage fees in this segment along with multiple government and exchange levies. These charges apply across the delivery, intraday, and derivatives segments.

Fee ComponentDelivery SegmentIntraday SegmentFutures SegmentOptions Segment
BrokerageFlat ₹20Flat ₹20Flat ₹20 per order Flat ₹20 per order
Exchange Fee (NSE)₹297 Per Crore₹297 Per Crore₹173 Per Crore ₹3503 Per Crore on premium
Exchange Fee (BSE)₹375 Per Crore₹375 Per Crore₹ 0 ₹3250 Per Crore on premium
STT0.1% on buy and sell0.025% (Sell side)0.05% on sell side 0.15% on sell side
Stamp Duty₹1500 Per Crore on buy₹300 Per Crore on buy₹200 Per Crore on buy ₹300 Per Crore on buy
Important Note: Goods and Services Tax (GST) applies at 18% on the sum of your brokerage and exchange transaction charges.
Commodity Charges

You can trade in popular items like metals and energy products through the commodity section of 5Paisa with transaction taxes and flat fees.

Cost TypeRate Structure
Brokerage Flat ₹20
Exchange Turnover MCX: 4180 | NSE: 100 Per Cr
CTT 0.15% on Sell
Commodity Options STT –
Stamp Duty 0.002%
Options: 0.003% (Buy only) –
Important Note: You do not need a separate account to deal in commodities, as your main account handles it.
Currency Charges

Foreign currency dealings help you protect your funds against global market risks. This segment does not attract any Securities Transaction Tax (STT) from the government.

Charge NameCurrency FuturesCurrency Options
Core BrokerageFlat ₹20 Flat ₹20
Exchange TurnoverNSE: 35 | BSE: 45 Per Cr NSE: 3110 | BSE: 100 Per Cr
Statutory Stamp Duty ₹10 Per Cr on Buy only –
STT LevyNo STT No STT
Important Note: The broker has a dedicated research group that helps create custom hedging plans for currency traders.
MTF

The Margin Trading Facility gives you more purchasing power even with low funds. You must block your purchased shares as security to use this loan service.

MetricCondition
Daily Interest 0.026% to 0.042% per day
Share Pledging ₹25 per scrip
Share Unpledging ₹25 per scrip
Important Note: The annual interest rate for this funding facility moves between 9.50% and 15.55%.
IPO

IPO investment is highly affordable with the 5Paisa broker platform. The firm does not take any service fee when you send your applications.

Process TypeCharge
Application Fee Free
Platform Usage Free
Demat AMC Covered in standard AMC
Important Note: You can easily check the full bidding history and current allotment statuses on the application.
Mutual Funds

You can select from multiple mutual fund asset classes to expand your wealth. The platform links with numerous asset houses to offer free direct plans.

Service NameCost
Account Activation Free
Subscription Commission Free
Important Note: Direct mutual fund protects your money from middleman commission.
NRI Trading

Non-Resident Indians cannot open standard trading profiles on this specific platform under normal conditions. However, individuals with valid Indian nationality documents can open standard accounts under specific terms.

Account PathOpening CostAnnual AMCDelivery BrokerageF&O Brokerage
PIS Account––– –
Non-PIS Account––– –
Important Note: Normal NRI trading services are not avilable on this discount brokerage network.
Transaction Charges

Exchange transaction charges are there on both the buy and sell sides of a trade and are different across exchanges.

SegmentVenue and Rate
Cash Delivery NSE: 297 | BSE: 375 Per Cr
Cash Intraday NSE: 297 | BSE: 375 Per Cr
Index Futures NSE: 173 | BSE: 0 Per Cr
Index Options NSE: 3503 | BSE: 3250 Per Cr on premium
Important Note: Exchange transaction fees fluctuate because different stock exchanges set their own separate rates.
Demat & Remat Charges

A processing fee is applicable under the 5Paisa charges when converting physical papers into digital files or back. This cost applies on a per-certificate basis.

Action TypeOperational Base CostCourier Surcharge
Dematerialisation₹15 per certificate –
Rematerialisation₹15 per hundred shares (or per certificate, whichever is higher) –
Important Note: The system charges you the higher amount between the certificate count and share volume in remat requests.
Trading Taxes

The central government and SEBI collect fixed statutory taxes. These rates remain same across all brokerage houses in India.

Legal LevyStandard Regulatory Rate
SEBI Turnover Fee ₹10 Per Cr
Exercise Transaction Tax –
Right Entitlement Tax –
Important Note: SEBI collects its turnover tax from both buyers and sellers across all asset classes.
Pledge Charges

You can lock your shares to gain extra margin or close a pledge with processing fees.

Request StageOperational CostDepository Fee
Setup Request₹12.50 per script –
Confirmation Step– –
Invocation Action– –
Important Note: You do not pay any extra cash when you close an active pledge on your shares.
Other Charges

The broker charges extra processing fees with telephone orders or automatic trade closures.

EventAssociated Expense
Call & Trade Order ₹20 per order
Auto-Square Off Action ₹20 per order
Net Banking Deposit Free
Corporate Buybacks/OFS –
Smallcase Purchases –
Failed Instructions Nil
Important Note: You can avoid call fees by managing all your investments manually through the application.

Investment Types & Trading Platforms

The broker provides different financial products and advanced software channels. This helps you control all your savings from a single point.

5Paisa Demat Account
5paisa offers an all-in-one trading account with lowest brokerage fees.
Multi-segment access
Demat Account
5paisa offers a free demat account linked to a trading account.
0 Cost
Derivatives Segment
5paisa offers futures and options trading at a flat fee.
High leverage
Commodity Assets
Trade commodities with an All-in-1 account started in April 2019.
Single wallet trading
Currency Contracts
5paisa is a trading member of the Currency Derivative Segment on NSE. Get customised hedging strategies for global currency trading.
Zero STT tax
Mutual Funds
5paisa offers Free Mutual Fund Account for direct and regular schemes via SIP or lumpsum.
0 cost
Initial Public Offerings
paisa offers IPO investment through ASBA and UPI. Log in to the 5paisa Trading Account on the mobile app or web to apply.
Free Instant bidding
Auto Investor
This creates customised mutual fund portfolios based on various factors.
Personalised Services
Automated Insurance Advisor
5paisa launched India’s first 100% automated insurance advisor in August 2019 for personalised insurance recommendations.
0 Cost
Margin Trading Facility (MTF)
5paisa provides MTF to traders to trade with borrowed funds and an interest rate of 18% p.a.
5Paisa MTF
Research Tools
Get research tools like Swing Trader, Smart Investor, Smallcase, and Sensibull to help make informed decisions.
Low-cost Discount broker
Investment Research Tools
5paisa provides Model Portfolio, Idea List, Evaluation, and Market Outlook for investors to make informed decisions.
Research of 4000+ companies
Smallcase Investment
A diversified portfolio of stocks or ETFs based on specific themes or strategies for risk management.
Modern Product
5paisa’s Sensibull
This Options Trading Platform offers advanced features for F&O traders.
Make Options Startegies
Call & Trade Charges
5paisa offers call & trade services with charges varying by subscription plan.
Place Trade On Call
Referral Program
Both referrer and referee receive reward if the referred person opens a 5paisa account and meets specific conditions.
Conditions Apply
Partner Program
Zero-investment program offering rewards per activated customer.
Refer to Clients
5paisa Mobile App
Compatible with iPhone, iPad, and Android, this offers trading in various assets.
Best Mobile Trading App in 2018
Trade Station Web
Lightweight web trading platform that offers a unique interface, decent speed, and advanced features.
Zero cost access
Trade Station EXE
A downloadable computer software built specifically for heavy desktop traders.
High-speed execution
5Paisa FnO 360
A separate advanced portal built exclusively for options and futures contract traders.
In-built options tools
Algo Trading System
An automated channel that runs your computer coding formulas to execute orders without manual effort.
Zero human error
Robo Advisory Tool
Recommends suitable mutual funds based on investment goals, risk profile, and return expectations.
Personalized suggestions
Global Investment Account
A partner profile that allows Indian citizens to invest directly in international companies.
US market entry
Trading APIs
5paisa offers free trading APIs for clients to build personalised trading terminals.
Free Account Opening
All-in-One Investment Account
This links your demat, trading, and fund profiles into a single interconnected system.
Comprehensive trading access.
Mutual Fund Account
A specialized profile meant solely for individuals who want to invest only in mutual funds.
Fully free setup
Open Account Now →

5Paisa Account Opening (Onboarding Guide)

You can set up your account with zero 5Paisa charges and in a fast online process that takes less than 10 minutes if you have your key identity proofs ready. The system pulls data automatically from your official database to save time.

Online Registration Step-by-Step

  1. Visit the company portal and enter your basic contact details like phone number and email.
  2. Provide your PAN details along with your correct birth date to verify your identity profile.
  3. Fill in your official bank account details and the correct IFSC code to establish a link for cash transfers.
  4. Upload clear digital photos of your main papers like PAN card and address proof for administrative verification.
  5. Clear the account creation fee and review your final yearly maintenance fee choices.
  6. Run through the online digital signature step using your Aadhaar number to verify your application.

5paisa Customer Care Details: Phone Number: +91 89766 89766 Email Address: support@5paisa.com

Trading Platforms

High-Performance Modern Platforms

The firm offers advanced and state-of-the-art technological interfaces to provide a smooth experience.

Android Mobile Application

4.2★
1Cr+ Downloads
  • Multi-asset single screen
  • Clean user interface
  • Custom multi-watchlist options
  • Real-time market data
  • One-click order placement
  • Advanced chart patterns
  • Digital personal loans
Download App

iOS Mobile Application

3★
10K+ Downloads
  • Apple ecosystem compatibility
  • Rapid trade execution
  • Biometric profile protection
  • Live index trackers
  • Automatic price notifications
  • In-built advisory channels
  • Simple portfolio monitoring
Download App

Web Interface Terminal

4.3★
Browser-Based
  • Browser cross-compatibility setup
  • Light software weight
  • Live global index displays
  • Advanced bracket order forms
  • Extensive historical share data
  • Complete portfolio summaries
  • Instant fund transfer tools
Launch Site

5paisa Core System Features

In-house platform development
High-speed options chain data
Automated trading API access
Multi-indicator charting boards
Real-time market analytics
Instant technical heatmaps
Integrated forum networks

Order Types Available

Bracket Orders

Orders that help you limit losses and lock profits by placing three boundary points together.

Cover Orders

A high-leverage utility trade that requires you to attach a mandatory stop-loss boundary.

Valid Till Trigger (VTT)

A long-term order form that stays active in the system for an entire year until your price arrives.

Secure & Regulated: 5paisa platforms use 128-bit SSL encryption, 2FA, and biometric authentication. SEBI-registered broker (INZ000010231).

Pros and Cons – 5paisa

5Paisa is a popular tech-driven discount broker with highly affordable flat-fee trading structures

Pros

  • It charges a flat ₹20 rate across all asset segments.
  • You can access shares, mutual funds, and international stocks together.
  • The online registration process is entirely paperless and fast.
  • Users get multiple research products and automated tips for free.
  • The smartphone trading application possesses excellent speed and ratings.
  • You get up to 4x funding assistance for delivery holdings.
  • Tech-savvy traders can connect free automated developer APIs easily.

Cons

  • You must pay monthly maintenance charges under specific asset conditions.
  • Using the telephonic trade desk adds an extra cost burden.
  • Advanced analytic tools require you to buy paid premium subscriptions.

Apply IPO in 5paisa

The platform offers an easy online method to participate in IPO public offerings using your bank account (ASBA) or UPI payment application. Your application money remains protected inside your own bank account until the company decides the allotment.

IPO Process Steps

  1. Open your trading terminal or smartphone application and head to the IPO choices section.
  2. Pick the active public issue you want to support and select the apply option.
  3. Fill in your personal BHIM UPI identity code into the designated data box.
  4. Mention your desired purchase lot size along with your bidding price points.
  5. Approve the incoming fund block alert inside your linked smartphone UPI application.
  6. Maintain the blocked funds until the allotment date arrives to finish the cycle.

Timing and Operational Windows

You can place your initial applications at any time while the bidding window remains open to the public from 10:00 AM to 5:00 PM on trading days. Ensure you approve the UPI block request before the final cutoff time of 5:00 PM on the closing day. Your blocked capital is released automatically by 4:00 PM on the day after allotment if you do not receive any shares during the allotment round.

5paisa Margin Trading Facility

The “Pay Later” feature lets you buy selected high-volume shares by covering only a fraction of the total price upfront. The broker covers the remaining cost balance on a short-term loan structure while holding your assets as collateral security.

Core Parameters

  • Funding Leverage Limit: Up to 4x buying power amplification.
  • Eligible Stocks Base: Available across 1500+ approved market shares.
  • Daily Interest Rate: Moves from 0.026% to 0.042% every day.
  • Collateral Setup Fee: ₹25 per company scrip for pledging.
  • Collateral Release Fee: ₹25 per company scrip during unpledging.
  • Holding Lifetime Window: You can hold your funded positions for up to 90 days.
  • Position Conversion Option: Change your loan trades into regular delivery by clearing dues.
FAQ
1. Is 5paisa free?

Opening your trading and demat accounts on this platform is completely free of cost. However, you must pay a flat brokerage fee of ₹20 when you execute market trades, along with regular annual demat maintenance fees.

2. How to open 5paisa account online?

You can register online by visiting their official website and submitting your mobile number. After that, you must verify your PAN details, insert your bank information, upload your identity documents, and finish the digital Aadhaar e-sign process.

3. What is the 5paisa API service?

This is a free developer tool called the Xstream Developer API that lets traders connect their custom code to the trading platform. It lets automated systems catch live market feeds and place up to 25 orders every second without manual work.

4. Does 5paisa provide IPO?

Yes, the platform allows you to apply for all current and upcoming public issues easily. You can complete your applications online using either your net banking ASBA path or your mobile UPI application.

5. Does 5paisa offer margin trading?

Yes, the broker offers a margin trading facility named “Pay Later” that gives you up to 4x leverage on more than 1500 shares. The system funds around 75% to 80% of your trade value while charging a daily interest rate on the borrowed sum.

6. What is 5paisa Educational Platform?

The firm offers extensive research information, stock market analysis tools, and expert model portfolios through integrated products like MarketSmith India. These channels help beginners learn market trends and study stock reports.

7. What are 5paisa Account Opening Charges?

You do not have to pay any account opening fees for either your trading profile or your demat account. The initial onboarding process is entirely free for new retail investors.

8. How much is the brokerage fee in 5paisa?

The broker uses a flat pricing structure that charges a maximum fee of ₹20 for every executed order. This fixed pricing model covers equity delivery, intraday, futures, options, currency, and commodity trades.

9. Does 5paisa have annual charges?

Yes, the broker charges a recurring annual maintenance fee exclusively for handling your demat profile. Your trading account does not attract any annual maintenance charges.

10. What is AMC for 5paisa?

The annual maintenance charge stands at ₹300 per annum for your demat account. The system collects this amount to manage your electronic share holdings safely through the CDSL depository.

11. What are 5paisa trading and demat account?

These are interconnected accounts where the trading account lets you buy and sell various financial assets across exchanges, while the demat account stores those purchased shares safely in an electronic format.

12. What is 5paisa discount broker?

It is a technology-driven online brokerage firm that provides stock trading services at low, flat fees instead of charging high percentage-based commissions. It is the very first discount broker to become publicly listed in India.

13. How much 5paisa charge for delivery?

The system levies a flat fee of ₹20 per executed order for standard equity delivery trades. However, you can access zero-delivery brokerage benefits if you upgrade to their specific premium subscription plans.

14. How much 5paisa charge for intraday?

Every intraday stock order you execute carries a flat fee of ₹20. You must also pay the standard exchange transaction charges along with the government intraday STT tax.

15. How much 5paisa charge for futures?

Trading in equity futures contracts costs a flat rate of ₹20 per executed transaction. The overall cost also includes an 18% GST on your core brokerage and exchange fees.

16. How much 5paisa charge for options?

Options contracts attract a flat brokerage rate of ₹20 per executed order across equity, currency, and commodity segments. For equity options, the exchange transaction fee applies on your premium value.

17. What are the online and offline contact details of 5paisa?

You can contact their online team by calling +91 89766 89766 or sending an email to support@5paisa.com. For offline mail, you can courier documents to their corporate office at Sun Infotech Park, MIDC, Wagle Estate, Thane, Maharashtra.

18. What is the FnO 360 platform?

This is a dedicated web and app terminal designed specifically for derivatives traders. It gives you rapid access to option chain matrices, option Greeks, open interest analysis, and pre-defined market trading strategies.

19. Can I invest in US stocks through 5paisa?

Yes, the company has partnered with an international investment platform called Vested. This partnership allows Indian users to set up a Global Investment Account and diversify into US shares and foreign ETFs.

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