3.4/ 5Ultra-low flat fee — ₹20 (or ₹10 on plans) across every segment. Founded 2016, Mumbai · ~38 lakh active clients.
Quick answer
5paisa charges ₹20 / order (flat) on equity delivery, ₹20 / order (flat) on intraday and ₹20 / order (flat) on F&O options. Account opening is ₹0 (free) and demat AMC is ₹0 (Basic plan). Rated 3.4/5, it's best for cost-focused traders comfortable with a flat per-order fee.
Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.
Account opening
₹0 (free)
Maintenance (AMC)
₹0 (Basic plan)
Equity delivery
₹20 / order (flat)
Equity intraday
₹20 / order (flat)
Futures
₹20 / order (flat)
Options
₹20 / order (flat)
DP charges
₹12.5 + GST per scrip (sell)
Margin (intraday)
Up to 5× intraday (MIS)
Charges are indicative, compiled from 5paisa's published rate card (reviewed June 2026), and exclude statutory taxes (STT, exchange, SEBI, stamp duty, GST). Verify current rates on 5paisa's website.

Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.
Pros
Cons
Best for: Cost-focused traders comfortable with a flat per-order fee. 5paisa supports Equity, F&O, Currency, Commodity, Mutual Funds, IPO on 5paisa App, 5paisa Web.
Part of the IIFL group and launched in 2016, 5paisa competes purely on price: a flat ₹20 per order across every segment — and unusually, that flat fee applies to equity delivery too (it can drop to ₹10 on paid subscription plans). Account opening is free and the Basic plan carries no AMC. The trade-offs are that the lowest brokerage requires a paid plan, and the app and support draw more mixed reviews than the category leaders. For cost-focused traders comfortable with a flat per-order model, it's among the cheapest ways to trade.
See 5paisa head-to-head — charges, brokerage and a live calculator for each pairing.
FAQs
For information only — not investment advice or a recommendation. OptionX is broker-neutral. Charges are indicative; confirm current rates with 5paisa before opening an account.
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