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5paisa Vs Upstox: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Upstox Max Rs 20 per trade. Both the brokers are Discount Brokers. 5paisa is having overall lower rating compare to Upstox. 5paisa is rated only 4 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Upstox is 24,01,555 where number of active customer for 5paisa is 5,44,270. Upstox is serving more customer compare to 5paisa.

Here we present side-by-side comparison of 5paisa vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Upstox's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Upstox on Service

  5paisa Compare
5paisa
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 5,44,270 24,01,555
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from 5paisa Request call back from Upstox
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Account Opening Charges and AMC

Compare 5paisa vs Upstox on Trading & Demat Account Opening Charges

Comparison of 5paisa with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Upstox
Charges 5paisa Upstox
Trading Account Opening Fees Free Promotion offer: Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Upstox on Plan Options

Plans are the most important feature you look when compare 5paisa with Upstox. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Upstox doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Upstox on Plan Options
Plan Types 5paisa Upstox
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Upstox
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Upstox on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare 5paisa with Upstox
Brokerage Charges Compare 5paisa Upstox
Plan Name Basic Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 20 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 + 18% GST
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare 5paisa vs Upstox on Transaction Charges

Compare 5paisa with Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Upstox
Transaction Charges Compare 5paisa Upstox
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for upstox
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Account Features

Compare 5paisa vs Upstox on Account Features

Compare 5paisa with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where 5paisa offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with Upstox
Account Features Compare 5paisa Upstox
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. Yes, 5paisa have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Upstox
Trading Platform Compare 5paisa Upstox
Desktop Trading Platform 5paisaTradeStation Upstox Pro
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://pro.upstox.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Upstox
Mobile Trading App Demo 5paisa Mobile App Demo Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare 5paisa vs Upstox on User Rating

  5paisa Upstox
  27 Customer Reviews    Rate 5paisa 12 Customer Reviews    Rate Upstox
Fees Ratings 3.1 3.5
Trading Brokerage Rating 3.9 3.8
Trading Platform Usability 3.3 3.7
Customer Service Ratings 2.7 3.5
Overall Ratings 3.2 3.7
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare 5paisa vs Upstox on Investment Offerings

Compare 5paisa with Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Upstox
Investment Offerings Compare 5paisa Upstox
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Upstox on Order Types

Order Type - Compare 5paisa with Upstox on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Upstox offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Upstox
Order Type Compare 5paisa Upstox
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs Upstox on Customer Service

Compare 5paisa with Upstox on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Upstox
Customer Service Compare 5paisa Upstox
24/7 Customer Service 5paisa vs Upstox - 24x7 customer support No No
Email Support 5paisa vs Upstox - Email Support Yes Yes
Onine Live Chat 5paisa vs Upstox - Onine Live Chat No Yes
Phone Support 5paisa vs Upstox - Phone Support Yes Yes
Toll Free Number 5paisa vs Upstox - Toll Free Number No No
Through Branches 5paisa vs Upstox - Through Branches No Yes
Customer Care Number 5paisa vs Upstox - Customer Care Number +91 89766 89766 +91 22 6130 9999
Account Opening Process 5paisa vs Upstox - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Upstox - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Upstox - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://upstox.com/help-center/
Head Office Address 5paisa vs Upstox - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website 5paisa vs Upstox - Company Website https://www.5paisa.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare 5paisa vs Upstox on Research Reports, Tips

Compare 5paisa with Upstox on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Upstox
  5paisa Upstox
Research Mutual Funds 5paisa vs Upstox - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs Upstox - Research Equity Reports Yes No
Research ETF 5paisa vs Upstox - Research ETF No No
Daily Market Report 5paisa vs Upstox - Daily Market Report Yes No
Free Tips 5paisa vs Upstox - Free Tips Yes No
Quarterly Result Analysis 5paisa vs Upstox - Quarterly Results No No
News Alerts 5paisa vs Upstox - Yes No
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Demat Account

Compare 5paisa vs Upstox on Demat Account

Compare 5paisa with Upstox on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Upstox is ₹300 PA where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Upstox is ₹13 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Upstox
  5paisa Upstox
DP Source CDSL CDSL
DP ID 5paisa vs Upstox - DP ID 82500 81800
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 PA
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹13 + ₹5.50 CDSL charges
Demat ₹15 per certificate ₹20 + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹12.50 per script 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure ₹12.50 per script 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation NIL 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation NIL 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Upstox on Special Offers and Promotion

Compare 5paisa with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Upstox on Special Offers and Promotion
  5paisa Upstox
Pay In and Pay Out Options 5paisa vs Upstox - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time 5paisa vs Upstox - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges 5paisa vs Upstox - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open 5paisa Account Now>> Open Upstox Account Now>>

Last Updated on 2024-01-11T04:15:59+00:00

FAQs

5Paisa and Upstox both are well-known discount brokers that offer online trading on BSE, NSE, and MCX at a flat brokerage of Rs 20 per order. Compare the two brokers on multiple facets to know which one is a good broker for you.

  • Account Opening Charges: Both the discount brokers charges zero account opening fees on demat & trading account.
  • Brokerage charges: 5paisa and Upstox facilitate clients to trade at Rs 20 flat fee on equity, derivatives, commodities, and currency. However, the Power Investor and Ultra Trader Pack at 5paisa charges the cheapest brokerage of Rs 10 per order.
  • Demat AMC: Upstox provides zero demat AMC account while 5paisa charges you Rs 25 per month (Rs 300 yearly) maintenance fee.
  • Mutual Fund Investment: It doesn’t matter which is your preferred broker because both Upstox and 5paisa discount stock brokers facilitate brokerage-free mutual fund investment.
  • Trading Platforms: 5paisa users can trade via mobile app, web, or desktop trading software while Upstox facilitates trading through website and app. It does not have an installable desktop trading terminal for pro traders.