5paisa Vs Upstox (Compare 5paisa and Upstox)

5paisa Vs Upstox

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	5paisa	Upstox
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX
Year of Incorporation	1996	2012
Number of Branches	900	4
	Open 5paisa Account	Open Upstox Account

5paisa Vs Upstox Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 249. 5paisa Demat Account AMC Charges is Rs 540 and Upstox Demat Account AMC Charges is Rs 300.

	5paisa	Upstox
Trading Account Opening Charges	Rs 0 (Free)	Rs 249
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 540	Rs 300

5paisa Vs Upstox Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	5paisa	Upstox
Account Type	Standard Plan	Default
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	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 online and start trading today.

5paisa Vs Upstox Brokerage Plan 2

	5paisa	Upstox
Account Type	Power Investor Pack	Default
Fixed Charges	Rs 499 per month	NA
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 2 per lot	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 10 per executed order	Rs 20 per executed order
	Open 5paisa Account	Open Upstox Account

5paisa Vs Upstox Brokerage Plan 3

	5paisa	Upstox
Account Type	Ultra Trader Pack	Default
Fixed Charges	Rs 999 per month	NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Options	Rs 2 per executed lot	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Commodity Options	Rs 10 per executed order	Rs 20 per executed order
	Open 5paisa Account	Open Upstox Account

5paisa Charges Vs Upstox

Minimum Brokerage	Rs 20 per trade	0.05%
Other Charges		Auto Square-off Charges: Rs 50
Call & Trade Charges	Rs 100 per call (any number of trades in a call)	Rs 20 per trade

5paisa Vs Upstox Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	5paisa	Upstox
Equity Delivery	Rs 325 per crore (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	Rs 325 per crore (0.00325%)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	Rs 190 per crore (0.0019%)	NSE Rs 200 per Cr (0.002%)
Equity Options	Rs 5000 per crore (0.05%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 190 per crore (0.0019%)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 5000 per crore (0.05%) (on premium)	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	Grp A: 0.0026%	Group A - Rs 290 per Cr (0.0029%)
	Open 5paisa Account	Open Upstox Account

5paisa Vs Upstox Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Upstox margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	5paisa	Upstox
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open 5paisa Account	Open Upstox Account

Compare 5paisa and Upstox Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	5paisa	Upstox
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	3:00 PM
Other Features		Option strategy builder
Referral Program
	Open 5paisa Account	Open Upstox Account

5paisa Vs Upstox Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas Upstox is rated 2.4 of 5 based on 114 customer reviews.

	5paisa	Upstox
	83 Customer Reviews	114 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 83 customer reviews	Upstox is rated 2.4 of 5 based on 114 customer reviews

5paisa Vs Upstox Investment Options

	5paisa	Upstox
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance

5paisa Vs Upstox Order Type Offered

	5paisa	Upstox
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Open Upstox Account

5paisa Vs Upstox Research Report

	5paisa	Upstox
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs Upstox Suitable For Investor Type

	5paisa	Upstox
Casual Investor
Active Investor
Trader

5paisa Vs Upstox - Pros and Cons

	5paisa	Upstox
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund and digital gold investment. Flat Rs 20 per trade brokerage for all other segments. Offer direct mutual funds. Free trading software for mobile and web browsers. One app for trading in equity, currency, and commodity. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available.
Cons	Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.	No margin funding. It does not offer the 'Good Till Canceled (GTC) order type. It does not offer BTST facility. Unlimited monthly plans not available. No stock tips or recommendations. It charges an additional fee for call & trade. It charges an additional fee of Rs 50 for auto-square-off done by the broker. Higher demat debit transaction charges. Upstox doesn't offer NRI Trading and Demat Account. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers	5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Free Equity Delivery Trading & Mutual Funds Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold. Pay flat Rs 20 for Intra-day and F&O Trades. Trade with the best trading platform. It is a limited-time offer. Open Instant Account online and start trading the same day.
	Open 5paisa Account	Open Upstox Account