About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed company promoted by IIFL founders. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE.
5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat... 
About INDmoney
Founded in 2019, INDmoney Private Limited is India's "Super Finance App" that helps you manage, plan and grow your money and all in one place. With INDmoney, you can track your entire family's finances, set savings goals and invest in various options like Indian stocks, US stocks, mutual funds, ETFs, fixed deposits, IPOs and more.
INDmoney is registered with SEBI as an investment advisor. INDmone...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE, MCX. It has 1 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at NSE, BSE, MCX. It has 1 branches across India.
| 5paisa | INDmoney | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX | NSE, BSE, MCX |
| Year of Incorporation | 1996 | 2019 |
| Number of Branches | 1 | 1 |
| Open 5paisa Account | Open INDmoney Account |
5paisa trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 300 (₹25 + 18% GST per month) | Free for 1st ye and INDmoney Demat Account AMC Charges is Rs 0.
| 5paisa | INDmoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 300 (₹25 + 18% GST per month) | Free for 1st ye | Rs 0 |
5paisa Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas INDmoney brokerage charges for equity is 0.1% or ₹20 per executed order, whichever is lower and Intraday is 0.1% or ₹20 per executed order, whichever is lower.
| Account Type | 5paisa Regular Account Plan | INDmoney Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.1% or ₹20 per executed order, whichever is lower |
| Equity Intraday | Rs 20 per executed order | 0.1% or ₹20 per executed order, whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
| Special Offer | Special Offer: ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Special Offer: Free A/c opening with no AMC| Trade at flat ₹20 per trade| ₹0 commission on Mutual FundsOpen a lifetime Free account now. |
| Minimum Brokerage | Rs 20 per trade | Rs 2 |
| Other Charges | Buyback and OFS - ₹20 + GST | |
| Call & Trade Charges | Additional ₹20 per order + GST | Rs 500 |
| Open 5paisa Account | Open INDmoney Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| 5paisa | INDmoney | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open 5paisa Account | Open INDmoney Account |
The trading platforms offered 5paisa include 5paisa Online Trading App, Trader's Terminal, 5paisa EXE, FnO 360, Xstream API Platform. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.
| 5paisa | INDmoney | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | 5paisa Online Trading App, Trader's Terminal, 5paisa EXE, FnO 360, Xstream API Platform | INDmoney App, INDstocks App and INDmoney Web Platform |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | OFS, Buyback, US Stocks, ETFs, Portfolio Advisory | NPS, ETFs, Fixed Deposits, US Stock : 0.25% per trade, OFS / Buyback- 0.05% or ₹ 20 per order |
| Open 5paisa Account | Open INDmoney Account |
5paisa is rated of 5 based on 97 customer reviews whereas INDmoney is rated of 5 based on 2 customer reviews.
| 5paisa | INDmoney | |
|---|---|---|
97 Customer Reviews  | 2 Customer Reviews | |
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| Research Capabilities |  |  |
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| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | INDmoney is Rated 3.5 / 5 based on 2 customer reviews |
| 5paisa | INDmoney | |
|---|---|---|
| Contact Broker | ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Free A/c opening with no AMC| Trade at flat ₹20 per trade| ₹0 commission on Mutual FundsOpen a lifetime Free account now. |
| 5paisa | INDmoney | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 5paisa | INDmoney | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| 5paisa | INDmoney | |
|---|---|---|
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| Promo / Offers | 5paisa Special OfferFlat ₹20 Brokerage. Endless Opportunities
| INDmoney Special OfferINDmoney — One App. Global Investing. Honest Pricing.
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| Open 5paisa Account | Open INDmoney Account |
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