5paisa Vs INDmoney (Compare 5paisa and INDmoney)

5paisa Vs INDmoney

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	5paisa	INDmoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE	BSE, NSE
Year of Incorporation	1996	2019
Number of Branches	1	1
	Open 5paisa Account	Open INDmoney Account

5paisa Vs INDmoney Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and INDmoney Demat Account AMC Charges is Rs 0.

	5paisa	INDmoney
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 Vs INDmoney Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account Type	5paisa Regular Account Plan	INDmoney Standard Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	Rs 20 per executed order	0.05% of order value or Rs 20, whichever is lower
Equity Futures	Rs 20 per executed order	Rs 20 per executed order
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order
Currency Options	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order
Commodity Options	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: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

5paisa Vs INDmoney Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	5paisa	INDmoney
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 INDmoney Account

Compare 5paisa and INDmoney Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

	5paisa	INDmoney
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)	INDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open 5paisa Account	Open INDmoney Account

5paisa Vs INDmoney Review

5paisa is rated of 5 based on 97 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

	5paisa	INDmoney
	97 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	5paisa is Rated 2.6 / 5 based on 97 customer reviews	INDmoney is Rated 4.0 / 5 based on 1 customer reviews