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 Kotak Neo
Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India.
| 5paisa | Kotak Neo | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 1996 | 1994 |
| Number of Branches | 1 | 153 |
| Open 5paisa Account | Open Kotak Neo Account |
5paisa trading account opening charges is Rs 0 (Free) while Kotak Neo account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and Kotak Neo Demat Account AMC Charges is Rs 600.
| 5paisa | Kotak Neo | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 (₹75 charged quarterly) | Rs 600 |
5paisa Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Kotak Neo brokerage charges for equity is 0.20% (free for the first 30 days) and Intraday is Rs 10 per order or 0.05%, whichever is lower.
| Account Type | 5paisa Regular Account Plan | Kotak Neo Trade Free Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.20% (free for the first 30 days) |
| Equity Intraday | Rs 20 per executed order | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 10 per order |
| Equity Options | Rs 20 per executed order | Rs 10 per order |
| Currency Futures | Rs 20 per executed order | Rs 10 per order |
| Currency Options | Rs 20 per executed order | Rs 10 per order |
| Commodity Futures | Rs 20 per executed order | Rs 10 per order |
| Commodity Options | Rs 20 per executed order | Rs 10 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: Trade smarter with Kotak Neo low-cost plans. |
| 5paisa | Kotak Neo | |
|---|---|---|
| Account Type | Regular Account Plan | Trade Free Youth |
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | Rs 0 |
| Equity Intraday | Rs 20 per executed order | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 10 per order |
| Equity Options | Rs 20 per executed order | Rs 10 per order |
| Currency Futures | Rs 20 per executed order | Rs 10 per order |
| Currency Options | Rs 20 per executed order | Rs 10 per order |
| Commodity Futures | Rs 20 per executed order | Rs 10 per order |
| Commodity Options | Rs 20 per executed order | Rs 10 per order |
| Open 5paisa Account | Open Kotak Neo Account |
| 5paisa | Kotak Neo | |
|---|---|---|
| Account Type | Regular Account Plan | Trade Free Pro |
| Fixed Charges | NA | Rs 249 |
| Equity Delivery | Rs 20 per executed order | 0.10% (free for the first 30 days) |
| Equity Intraday | Rs 20 per executed order | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 10 per order |
| Equity Options | Rs 20 per executed order | Rs 10 per order |
| Currency Futures | Rs 20 per executed order | Rs 10 per order |
| Currency Options | Rs 20 per executed order | Rs 10 per order |
| Commodity Futures | Rs 20 per executed order | Rs 10 per order |
| Commodity Options | Rs 20 per executed order | Rs 10 per order |
| Open 5paisa Account | Open Kotak Neo Account |
| Minimum Brokerage | Rs 20 per trade | |
| Other Charges | ||
| Call & Trade Charges | Additional ₹20 per order + GST | Rs 49 + GST per executed order |
| Open 5paisa Account | Open Kotak Neo Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Kotak Neo margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| 5paisa | Kotak Neo | |
|---|---|---|
| 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 Kotak Neo Account |
The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Kotak Neo offers Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal trading software.
| 5paisa | Kotak Neo | |
|---|---|---|
| 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) | Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | 3:20 P.M |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | 3-in-1 account | |
| Open 5paisa Account | Open Kotak Neo Account |
5paisa is rated of 5 based on 97 customer reviews whereas Kotak Neo is rated of 5 based on 202 customer reviews.
| 5paisa | Kotak Neo | |
|---|---|---|
97 Customer Reviews  | 202 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 | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews |
| 5paisa | Kotak Neo | |
|---|---|---|
| Contact Broker | ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Trade smarter with Kotak Neo low-cost plans. |
| 5paisa | Kotak Neo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 5paisa | Kotak Neo | |
|---|---|---|
| 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 Kotak Neo Account |
| 5paisa | Kotak Neo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| 5paisa | Kotak Neo | |
|---|---|---|
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| Reviews | ||
| Promo / Offers | 5paisa Special OfferFlat ₹20 Brokerage. Endless Opportunities
| Kotak Neo Special OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
| Open 5paisa Account | Open Kotak Neo Account |
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