5paisa Vs iTradeOnline Share Broker Comparison
The side-by-side comparison of 5paisa Capital Ltd and iTradeOnline by Trustline stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and iTradeOnline's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and iTradeOnline.
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5paisa Capital Ltd |
iTradeOnline by Trustline |
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| About the Broker |
5paisa is a Mumbai based discount stock broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Infoline, the...  |
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of ₹20 per executed order or 0.01% whichever is lower. The same lo... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE |
BSE, NSE, MCX |
| Account Type
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Standard Account |
Pay Per Trade |
| Broker Enquiry |
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Stock Broker Fees / Charges
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Trading Account Opening Fees
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₹650 |
₹0 (Free) |
| Trading Account AMC
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₹0 (Free) |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 (Free) |
Regular: ₹0, Lifetime Free AMC: ₹1000 |
| Demat Account AMC
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₹400 |
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Account Type |
Standard Account |
Pay Per Trade |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Equity Intraday Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹10 per trader |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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NA |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹10 per trade |
₹0 (No Minimum Brokerage) |
| Other Brokerage Charges
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Physical contact notes: ₹20 |
| Call & Trade Charges
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₹100 per call (any number of trades in a call) |
₹0 (Free) |
Taxes
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Equity Delivery
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₹325 per crore (0.00325%) |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Intraday
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₹325 per crore (0.00325%) |
NSE ₹325 per crore | BSE ₹1.5/trade (each side) |
| Equity Futures
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₹210 per crore (0.0021%) |
NSE ₹190 per crore (0.0019%) |
| Equity Options
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₹5100 per crore (on premium) (0.051%) |
NSE ₹5000 per crore (0.05%) |
| Currency Futures
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₹210 per crore (0.0021%) |
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%) |
| Currency Options
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₹5100 per crore (on premium)(0.051%) |
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500 |
| Commodity
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NA |
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%) |
Exposure
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Equity Delivery
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Up to 3.5 times |
1x (100% Margin Required) |
| Equity Intraday
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Up to 20 times |
Up to 20x |
| Equity Futures
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Intra-day 3 times | Delivery: 1 time |
NSE: 2x |
| Equity Options
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Intra-day 1 time | Delivery: 1 time |
NSE: 2x |
| Currency Futures
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Intra-day 1 time | Delivery: 1 time |
NSE: 2x |
| Currency Options
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Intra-day 1 time | Delivery: 1 time |
NSE: 2x |
| Commodity
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NA |
MCX Futures: 8x |
Share Broker Features
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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5paisa Trade Station |
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. |
| Intraday Square-off Time
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3:10 PM |
Equity: 3:15 PM, Commodity: 11:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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5paisa Capital Ltd |
iTradeOnline by Trustline |
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38 Customer Reviews  |
5 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
5paisa is Rated 2.9 / 5 based on 38 customer reviews |
iTradeOnline is Rated 4.2 / 5 based on 5 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Mutual Funds |
Insurance, Wealth Management |
Customer Service Offered
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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5paisa Capital Ltd |
iTradeOnline by Trustline |
| Pros
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- Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
- Flat fee brokerage. No more worries about size of the trade.
- Free trading software's including mobile app and trading terminal.
- 20 times exposure in Equity Intraday Trading.
- 3 times exposure in Derivatives Intraday Trading.
More Advantages... |
- Paperless account opening is available with eKYC and Aadhar integration
- All trading softwares including trading terminal are available for free.
- Uses trading platform of Omnesys which is industry leading trading software provider.
- Margin Against Share is available
- Research based fundamental and technical analysis available to all the customers.
- Short selling is available in NSE Cash segment only.
- After Hours Orders and Good Till Cancelled (GTC) orders are available.
- SMS Trade Alerts are available for free to all customers.
- Call & Trade is free for all customers.
More Advantages... |
| Cons
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- Commodity trading at MCX and NCDEX is not available.
- Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
- Higher exchange turnover charges in comparison to other popular discount stock brokers.
- Higher demat debit charges (₹25 per transaction)
- NRI Trading and Demat Account is not available.
More Disadvantages... |
- Separate account needed for Mutual Funds investment.
- For iTradeOnline customers, the customer service is not available through 400+ Trustline branches.
- Doesn't offer bracket orders.
- Online IPO, NCD, Corporate Bond investment is not available.
- Trading API's are now available.
- Opening demat account along with the trading account is mandatory.
- No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Free - Mutual Fund Account + 1st year Demat AMC
Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order.
Get this limited time offer |
Lifetime FREE AMC Demat Account - 50% Off
Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. |
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Enquire about 5paisa
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