5paisa Review 2026
Discount broker · May suit: One simple flat fee
5paisa charges a flat ₹20 per executed order on delivery, intraday, futures and options, with zero brokerage in the first 30 days and ₹0 account opening.
Fees checked on against the official pricing page.
At a glance
- Account opening
- ₹0
- AMC
- Free yr 1; ₹25/month + GST
- Delivery
- ₹20/order
- Intraday
- ₹20/order
- Futures
- ₹20/order
- Options
- ₹20/order
- DP charge
- ₹23.60/ISIN debit
- MTF
- —
Overview
5paisa is a discount broker with a single flat fee of ₹20 per order across segments. Auto square-off and call & trade are also ₹20 + GST.
The demat side is spread across several 5paisa pages rather than one tariff sheet. 5paisa's demat-charges article (updated 18 Sep 2026) gives the DP charge: ₹20 + GST per ISIN debit and a first-year AMC waiver. The AMC after year one — ₹300 a year, levied as ₹25 a month, plus GST for non-BSDA accounts — comes from the tariff 5paisa has filed with CDSL.
Company & regulation
| Legal entity | 5paisa Capital Limited |
|---|---|
| Founded | 2007 |
| Headquarters | Thane, Maharashtra |
| SEBI stock broker registration | INZ000010231 |
| Depository participant | IN-DP-192-2016 (CDSL) |
| Other registrations | CIN L67190MH2007PLC289249 |
| Account types | Individual |
| Products | Equity, F&O, commodity, currency, mutual funds, IPO |
Verify registration on SEBI's register of stock brokers.
5paisa charges
| Account opening | ₹0. |
|---|---|
| Demat AMC | Free for the first year. After that, non-BSDA: ₹300 a year (₹25 a month) + GST. BSDA: nil for holdings up to ₹4 lakh, ₹100 a year for ₹4–10 lakh. BSDA clients who hold more than one demat account pay ₹25 a month + 18% GST. |
| Equity delivery | Flat ₹20 per executed order. |
| Equity intraday | Flat ₹20 per executed order. |
| Futures | Flat ₹20 per executed order. |
| Options | Flat ₹20 per executed order. |
| DP charge (on selling delivery shares) | Per ISIN debit. ₹20 + GST per ISIN debit; credits are free (5paisa's demat-charges article, updated 18 Sep 2026). 5paisa's CDSL tariff listing words it as “Rs 20 per transaction per ISIN”. How several same-day sell orders are grouped is not stated; the calculator counts each sell order as a debit. |
| Other notable charges | Zero brokerage for the first 30 days. Auto square-off: ₹20 + GST. Call & trade: ₹20 + GST. OFS/buyback: ₹20 + GST. Pledge, unpledge and invocation: ₹20 + GST per request. |
How 5paisa counts the DP charge
- Rule
- Per ISIN debit
- Broker's part
- ₹20.00
- GST
- 18% on the total
₹20 + GST per ISIN debit; credits are free (5paisa's demat-charges article, updated 18 Sep 2026). 5paisa's CDSL tariff listing words it as “Rs 20 per transaction per ISIN”. How several same-day sell orders are grouped is not stated; the calculator counts each sell order as a debit.
Source: 5paisa – Demat account charges explained (updated 18 Sep 2026); CDSL – DP tariff listing for 5paisa Capital Ltd (DP ID 82500, page dated 20 May 2020). Checked 30 September 2026. Compare every broker's rule in our DP charges guide.
Where 5paisa's own sources disagree
- 5paisa does not publish a single consolidated tariff PDF. Its current demat-charges article gives the DP charge (₹20 + GST per ISIN debit) and first-year AMC waiver; the AMC after year one comes from 5paisa's tariff filed on the CDSL website (page dated 20 May 2020). An older 5paisa e-account tariff page (₹10 per order, ₹400 AMC, 0.025% DP with ₹25 minimum) is out of date and is not used.
We show the figure from the broker's main pricing page in the tables and note the other version here. Ask the broker to confirm which applies to your account.
Full fee schedule with sources
| Fee | Amount | Charged | Applies to | Source |
|---|---|---|---|---|
| Account opening | ₹0 | one-time | Resident individual | 5paisa – Demat account charges explained (updated 18 Sep 2026) |
| Brokerage – all segments | ₹20 | per executed order | Resident individual | 5paisa – Brokerage charges |
| Brokerage – first 30 days | ₹0 | first 30 days | Resident individual | 5paisa – Brokerage charges |
| Demat AMC – first year | ₹0 | first year | Resident individual | 5paisa – Demat account charges explained (updated 18 Sep 2026) |
| Demat AMC | ₹300 (₹25/month) + GST a year | annual, levied monthly | Non-BSDA From 5paisa's tariff filed on CDSL (page dated 20 May 2020); 5paisa's brokerage page confirms ₹25/month + 18% GST for BSDA clients who hold more than one demat account. |
CDSL – DP tariff listing for 5paisa Capital Ltd (DP ID 82500, page dated 20 May 2020) |
| Demat AMC | ₹0 / ₹100 (₹8.33/month) a year | annual | BSDA: nil up to ₹4 lakh; ₹100 for ₹4–10 lakh | CDSL – DP tariff listing for 5paisa Capital Ltd (DP ID 82500, page dated 20 May 2020) |
| Demat AMC | ₹25 + 18% GST a month | monthly | BSDA clients holding more than one demat account | 5paisa – Brokerage charges |
| DP charge | ₹20 + GST = ₹23.60 | per ISIN debit; credit nil | Resident individual | 5paisa – Demat account charges explained (updated 18 Sep 2026) |
| Pledge / unpledge / invocation | ₹20 + GST | per request | Resident individual | 5paisa – Demat account charges explained (updated 18 Sep 2026) |
| Auto square-off / call & trade | ₹20 + GST | per order | Resident individual | 5paisa – Brokerage charges |
Statutory charges (STT, exchange transaction charges, SEBI fee, stamp duty) and 18% GST are extra. Estimate a full trade in the brokerage calculator.
Platforms & apps
5paisa offers its own mobile app and web platform.
- Mobile: 5paisa app (Android, iOS)
- Web / desktop: 5paisa web trading
Research, support & margin
Research
5paisa provides market information and tools; it is not a personal advisory service.
Customer support
Check 5paisa's website for current support channels. Call & trade costs ₹20.
Margin & MTF
Check 5paisa's pricing page for current MTF terms.
Pros & cons
Pros
- One flat ₹20 fee across segments
- Low ancillary fees (₹20 + GST square-off and call & trade)
- Zero brokerage for the first 30 days
- ₹0 account opening and first-year AMC waiver
Cons
- ₹20 even on delivery orders
- DP of ₹20 + GST per ISIN debit
- No single consolidated tariff document; demat fees are spread across pages
Who 5paisa suits
Users who want one easy-to-understand fee for every trade.
May not suit
Investors who want ₹0 delivery brokerage.
For beginners
Flat pricing is easy to understand. Remember the ₹25-a-month AMC from year two and the ₹20 + GST DP charge on each sale.
Ready to compare? Check 5paisa's current charges on its official page before opening an account.
Visit 5paisa websiteCompare 5paisa
Frequently asked questions
What are 5paisa's brokerage charges?
A flat ₹20 per executed order on delivery, intraday, futures and options.
What is 5paisa's AMC?
Free in the first year. After that, ₹300 a year (₹25 a month) + GST for non-BSDA accounts; BSDA accounts pay nil up to ₹4 lakh and ₹100 a year for ₹4–10 lakh.
What is 5paisa's DP charge?
₹20 + GST per ISIN debit when shares leave your demat account; credits are free.
Is 5paisa SEBI registered?
Yes. 5paisa Capital Limited's SEBI registration is INZ000010231.
Sources
- 5paisa – Demat account charges explained (updated 18 Sep 2026) — accessed 30 September 2026
- 5paisa – Brokerage charges — accessed 30 September 2026
- CDSL – DP tariff listing for 5paisa Capital Ltd (DP ID 82500, page dated 20 May 2020) — accessed 30 September 2026
- SEBI – register of stock brokers — accessed 30 September 2026
- SEBI press release: 93% of individual F&O traders incurred losses (FY22–FY24) — accessed 30 September 2026