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 Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra... ![]()
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.
| 5paisa | Upstox | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE | BSE, NSE, MCX |
| Year of Incorporation | 1996 | 2012 |
| Number of Branches | 1 | 4 |
| Open 5paisa Account | Open Upstox Account |
5paisa trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and Upstox Demat Account AMC Charges is Rs 150.
| 5paisa | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 (₹75 charged quarterly) | Rs 150 |
5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Upstox brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | 5paisa Regular Account Plan | Upstox Default |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
| Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | Special Offer: Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | Rs 20 per trade | 0.05% |
| Other Charges | Auto Square-off Charges: Rs 50 | |
| Call & Trade Charges | Additional ₹20 per order + GST | Rs 20 per trade |
| Open 5paisa Account | Open Upstox Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| 5paisa | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.
| 5paisa | Upstox | |
|---|---|---|
| 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) | Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | 3:00 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | Option strategy builder | |
| Open 5paisa Account | Open Upstox Account |
5paisa is rated of 5 based on 97 customer reviews whereas Upstox is rated of 5 based on 150 customer reviews.
| 5paisa | Upstox | |
|---|---|---|
| Contact Broker | FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | Pay flat Rs 20 per trade for delivery, Intra-day and F&O. Open Instant Account and start trading today. |
| 5paisa | Upstox | |
|---|---|---|
| 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 Upstox Account |
| 5paisa | Upstox | |
|---|---|---|
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| Promo / Offers | 5paisa Special Offer5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today. | Upstox Special OfferExclusive offer by Upstox
It is a limited-time offer. Open Instant Account and start trading the same day. |
| Open 5paisa Account | Open Upstox Account |