5Paisa Brokerage Charges 2024

In my previous article , I reviewed the 5Paisa discount broker giving brief about background, brokerage charges, trading platforms etc. In this one I intend to describe the details of 5Paisa Brokerage Charges 2024.

5Paisa started their operation in year 2016. It is comparatively later than the ones like Zerodha who started back in 2010. But still they have managed to become 3rd largest discount broker after Zerodha and Upstox.

5Paisa brokerage charges is one of the lowest brokerage charged by a broker in India. You can refer to this article which list downs the stock brokers with lowest brokerage charges in India.

5Paisa Brokerage Charges 2024

5Paisa-brokerage-charges

Brokerage structure of 5Paisa is pretty simple. They charge Rs20/executed order. If anybody interested in availing lower brokerage charges of Rs10/trade, they have to subscribe to special packs.

Here is the details of 5Paisa Brokerage Charges:

That means, you will be charged flat Rs10 for a executed order for any transaction value. So even if you buy shares worth Rs1000 or Rs 10 Crore, you will be charged Rs10 only.

offcourse, other taxes & levies prescribed by government are also charged and it the case with all brokers. I am giving the details of those charges below.

  • STT : Securities Transaction Charges ( Charged by Govt of India)
  • SEBI Charges: Charged by Securities Exchange Board of India
  • Transaction Charges: Levied by Stock exchanges like NSE and BSE
  • GST : Currently 18% on (Brokerage + Transaction Charges)
  • Stamp Duty: Charged by state govt where your account is opened

Now, lets us look into the information about 5Paisa Brokerage charges for each segment.

5Paisa Brokerage Charges – Equity Delivery

If you buy shares and do not sell it on the same day, it is referred as delivery trade.

Investors and swing traders fall into this category and they are normally concerned about delivery brokerage charges.

5Paisa charges Rs10/order. However, brokers like Zerodha have even waived off brokerage for delivery transaction. Their brokerage is Rs 0 for delivery based trades.

You can check out the side by side comparison of them at Zerodha Vs 5Paisa.

Following table shows the details of the charges by 5Paisa for equity segment.

5Paisa Brokerage Fees – Equity Intraday

Intraday traders never carry any positions overnight. They buy and sell the shares on the same day.

For this type of traders, brokerage is even more important than those take delivery as the profit margin is very small.

5Paisa brokerage charges for intraday is as follows,

5Paisa Charges – Equity Futures

Trading in futures segments involves margin from Indian brokers and one need to buy in the lots of shares.

Here is the details of 5Paisa charges for Futures segment .

5Paisa Fees – Equity Options

Options are mainly the hedging tools to minimize the risk on your trade/investment. However people trade in options to make profit.

Options traders are the real beneficiaries of discount brokers. Earlier, traditional brokers used to charge brokerage on each lot. Discount brokers like 5Paisa charge flat brokerage irrespective of number of lots.

5Paisa Comissions – Currency Futures

In India, traders can trade other currencies again Indian Rupee (INR) only. Cross Currency trade like USD/GBP is not permitted.

Below table explains the brokerage charges of 5Paisa for Currency Futures.

5Paisa Brokerage Comission – Currency Options

Similar to equity options, Currency options are also not charged by lot basis by 5Paisa.

Again it is Flat Rs10/executed order , irrespective of number of lots.

Below table has more information about 5paisa brokerage for currency options segment.

5Paisa Account Opening Charges

Now that we have seen segment wise brokerage charges , lets see what are the account related charges.

The account opening charges are one time charges to be paid while opening the account with 5Paisa.

Currently they have waived off the account opening charges.

The Annual Maintenance Charges (AMC) are levied each year for maintaining the account.

Below table shows the AMC charges of 5Paisa

5Paisa Brokerage Charges – Final Thought

5Paisa has designed their brokerage charges very competitively. With only Rs20/order they are working on very low margin.

However, traders can save a lot by opening account with 5Paisa. Not only trading, they can also invest in mutual funds , insurance and other products offered by 5Paisa.

Being backed by India Infoline (IIFL), there is a huge trust factor. So one can go ahead and open account with them.

5Paisa brokerage charges are ideal for high frequency traders. Please let me know your thoughts.

You can use the below link to get quick call back from them.

button-click-here-to-open-account-with-5paisa
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