About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed company promoted by IIFL founders. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE.
5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat... 
About Alice Blue
Founded in 2006, Alice Blue is a Bengaluru-based discount broker that offers trading services across equity, derivatives, and commodities on BSE, NSE, and MCX. Alice Blue also provides depository (Demat) services through its membership with CDSL.
Alice Blue follows a simple pricing model with flat brokerage plans. For equity delivery, brokerage is charged at ₹20 per executed order or 2.5% (whichev...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2006, Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 25 branches across India.
| 5paisa | Alice Blue | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE | BSE, NSE, MCX |
| Year of Incorporation | 1996 | 2006 |
| Number of Branches | 1 | 25 |
| Open 5paisa Account | Open Alice Blue Account |
5paisa trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and Alice Blue Demat Account AMC Charges is Rs 0.
| 5paisa | Alice Blue | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 300 (₹75 charged quarterly) | Rs 0 |
5paisa Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Alice Blue brokerage charges for equity is Rs 20 per order or 2.5% whichever is lower and Intraday is Rs 20 per order or 0.05% whichever is lower.
| Account Type | 5paisa Regular Account Plan | Alice Blue Flat Rs 20 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 20 per order or 2.5% whichever is lower |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity Futures | Rs 20 per executed order | Rs 20 per order or 0.05% whichever is lower |
| Commodity Options | Rs 20 per executed order | Rs 20 per order |
| Special Offer | Special Offer: ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Special Offer: Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| Minimum Brokerage | Rs 20 per trade | Rs 20 |
| Other Charges | ||
| Call & Trade Charges | Additional ₹20 per order + GST | Rs 50 per executed order |
| Open 5paisa Account | Open Alice Blue Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| 5paisa | Alice Blue | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open 5paisa Account | Open Alice Blue Account |
The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Alice Blue offers ANT, 1lyOption trading software.
| 5paisa | Alice Blue | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | 5paisa Trade Station (Web, Mobile App and EXE) | ANT, 1lyOption |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | Equity: 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Smart Alice, Equity SIP | |
| Open 5paisa Account | Open Alice Blue Account |
5paisa is rated of 5 based on 97 customer reviews whereas Alice Blue is rated of 5 based on 40 customer reviews.
| 5paisa | Alice Blue | |
|---|---|---|
97 Customer Reviews  | 40 Customer Reviews | |
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| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | Alice Blue is Rated 3.1 / 5 based on 40 customer reviews |
| 5paisa | Alice Blue | |
|---|---|---|
| Contact Broker | ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Free Account opening| ₹0 AMC| Max ₹20/order – Equity, F&O, Commodity & Currency| No hidden Fees, Simple Brokerage Open FREE Alice Blue Account Today! |
| 5paisa | Alice Blue | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 5paisa | Alice Blue | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open 5paisa Account | Open Alice Blue Account |
| 5paisa | Alice Blue | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| 5paisa | Alice Blue | |
|---|---|---|
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| Promo / Offers | 5paisa Special OfferFlat ₹20 Brokerage. Endless Opportunities
| Alice Blue Special OfferExperience transparent pricing with no hidden fees at Alice Blue
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| Open 5paisa Account | Open Alice Blue Account |
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