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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
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Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE, MCX. It has 1 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX ,NCDEX, MSEI. It has 160 branches across India.
| 5paisa | SBI Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX | NSE, BSE, MCX ,NCDEX, MSEI |
| Year of Incorporation | 1996 | 2001 |
| Number of Branches | 1 | 160 |
| Open 5paisa Account |
5paisa trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 300 (₹25 + 18% GST per month) | Free for 1st ye and SBI Securities Demat Account AMC Charges is Rs 500.
| 5paisa | SBI Securities | |
|---|---|---|
| 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 500 |
5paisa Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas SBI Securities brokerage charges for equity is 0.35% and Intraday is Rs 20 per order.
| Account Type | 5paisa Regular Account Plan | SBI Securities PLAN 499 |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.35% |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order |
| Equity Futures | Rs 20 per executed order | 0.05% |
| Equity Options | Rs 20 per executed order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per executed order | Rs 20 per lot |
| Currency Options | Rs 20 per executed order | Rs 20 per lot |
| Commodity Futures | Rs 20 per executed order | 0.05% |
| Commodity Options | Rs 20 per executed order | Rs 50 (sell and buy side) |
| Special Offer | Special Offer: ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| 5paisa | SBI Securities | |
|---|---|---|
| Account Type | Regular Account Plan | OIOP - 3K |
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.20% |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order |
| Equity Futures | Rs 20 per executed order | Rs 20 per order |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 per order |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity Futures | Rs 20 per executed order | 0.05% |
| Commodity Options | Rs 20 per executed order | Rs 50 (sell and buy side) |
| Open 5paisa Account |
| 5paisa | SBI Securities | |
|---|---|---|
| Account Type | Regular Account Plan | OIOP - 5K |
| Fixed Charges | NA | |
| Equity Delivery | Rs 20 per executed order | 0.20% |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order |
| Equity Futures | Rs 20 per executed order | Rs 20 per order |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 per order |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity Futures | Rs 20 per executed order | 0.05% |
| Commodity Options | Rs 20 per executed order | Rs 50 (sell and buy side) |
| Open 5paisa Account |
| Minimum Brokerage | Rs 20 per trade | Rs 0.01 per executed order |
| Other Charges | Buyback and OFS - ₹20 + GST | |
| Call & Trade Charges | Additional ₹20 per order + GST | Rs 10 per call for Call & Trade services |
| Open 5paisa Account |
5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| 5paisa | SBI Securities | |
|---|---|---|
| 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 |
The trading platforms offered 5paisa include 5paisa Online Trading App, Trader's Terminal, 5paisa EXE, FnO 360, Xstream API Platform. SBI Securities offers SBI Securities: Stocks & SIP trading software.
| 5paisa | SBI Securities | |
|---|---|---|
| 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 | SBI Securities: Stocks & SIP |
| Intraday Square-off Time | Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | OFS, Buyback, US Stocks, ETFs, Portfolio Advisory | |
| Open 5paisa Account |
5paisa is rated of 5 based on 97 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| 5paisa | SBI Securities | |
|---|---|---|
97 Customer Reviews  | 165 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service |  | |
| Research Capabilities |  | |
| Overall Rating | |  |
| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| 5paisa | SBI Securities | |
|---|---|---|
| Contact Broker | ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| 5paisa | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| 5paisa | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| 5paisa | SBI Securities | |
|---|---|---|
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| Promo / Offers | 5paisa Special OfferFlat ₹20 Brokerage. Endless Opportunities
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open 5paisa Account |
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