5Paisa Vs Upstox: Side By Side Comparison

In this page, I am providing side by side comparison of 5Paisa Vs Upstox.

Comparing 5Paisa and Upstox is easy as they belong to same category of broker namely Discount brokers.

Both 5Paisa and Upstox fall under Discount Broker category, hence they charge flat brokerage charges. Both don’t provide any research and recommendation[ to their customers.

5paisa-vs-upstox-1

But , there are lot of difference between these two brokers.

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of 5Paisa Vs Upstox Online:

Parameters

5 Paisa

Upstox

5paisa-Logo
upstox-Logo
Review
Type of Broker
Discount Broker
Discount Broker
Incorporation Year
2015
2012
Supported Exchanges
NSE, BSE and MCX-SX
NSE, BSE,MCX and MCX-SX

Account Related Charges

Trading Account Opening Fees
Rs 250
Rs 150
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 150
Demat Account AMC
Rs 400
Rs 0

Brokerage Charges

Equity Delivery Brokerage
Rs 10 per executed order
Rs 0
Equity Intraday Brokerage
Rs 10 per executed order
Rs 20 per executed order
Equity Futures Brokerage
Rs 10 per executed order
Rs 20 per executed order
Equity Options Brokerage
Rs 10 per executed order
Rs 20 per executed order
Currency Futures Trading Brokerage
Rs 10 per executed order
Rs 20 per executed order
Currency Options Trading Brokerage
Rs 10 per executed order
Rs 20 per executed order
Commodity Trading Brokerage
NA
Rs 20 per executed order
Minimum Brokerage Charges
NIL
NIL
Monthly Unlimited Plans
Brokerage Calculator
5Paisa Brokerage Calculator
Upstox Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0021%
0.00210%
Equity Options
0.051% (On Premium)
0.055% (On Premium)
Currency Futures
0.0021%
0.00150%
Currency Options
0.051% (On Premium)
0.060% (On Premium)
Commodity
NA
0.0026%

Exposure

Equity
Upto 15 times Intraday and upto 4times for Delivery
Upto 20 times Intraday
Equity Futures
2 times for Intraday
upto 4 times
Equity Options
Upto 2 times
upto 4 times
Currency Futures
Upto 2 times intraday
upto 4 times
Currency Options
Upto 2 times intraday
upto 4 times
Commodities
NA
upto 3 times

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
5 Paisa Trade Station, Trader Terminal , Mobile App
Upstox , Upstox PRO and NEST

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • Zero Account Opening Charges
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of 5Paisa with other Brokers:

5Paisa in comparison with other Stock Brokers

Point By Point Comparison of Upstox with other Brokers:

Upstox in comparison with other Stock Brokers

You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page

5/5 - (1 vote)