5Paisa Vs INDmoney
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs INDmoney - Broker Details
| 5Paisa | INDmoney | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2007 | 2019 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE and MCX |
| Branches | Zero | 966 |
| Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
5Paisa Vs INDmoney - Account Opening & AMC Charges
| 5Paisa | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
5Paisa Vs INDmoney - Brokerage charges & Plans
| 5Paisa | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹499/ Month | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
5Paisa Vs INDmoney - Other Charges
| 5Paisa | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹499/ Month | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
5Paisa Vs INDmoney - Transaction Charges
| 5Paisa | INDmoney | |
|---|---|---|
| Currency Options | 0.035% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.0020% | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.00345% (NSE) | 0.00345% (BSE) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.053% | NSE: 0.053% on premium value |
| Commodity | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.0009% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.00345% (NSE) | 0.00345% (BSE) | NSE - 0.00325% | BSE- 0.00375% |
| Call Back Open Account |
5Paisa Vs INDmoney - Margin (Exposure)
| 5Paisa | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs INDmoney - Features
| 5Paisa | INDmoney | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Review & Rating
| 5Paisa | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
5Paisa Vs INDmoney - Request a call back from Broker
| 5Paisa | INDmoney | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs INDmoney - Investment Options
| 5Paisa | INDmoney | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Order Type
| 5Paisa | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Research & Report
| 5Paisa | INDmoney | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Daily Market Report
| 5Paisa | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Suitable For Investor
| 5Paisa | INDmoney | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account |
5Paisa Vs INDmoney - Pros & Cons
| 5Paisa | INDmoney | |
|---|---|---|
| Pros | 1.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
| Call Back Open Account |
5Paisa Vs INDmoney - Background
| 5Paisa | INDmoney | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs INDmoney - Compare All Brokers
| 5Paisa | INDmoney | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs INDmoney - STT/CTT
| 5Paisa | INDmoney | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% only on sell |
| Equity Options | 0.05% (Sell Option) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.01% only on sell |
| Commodity Options | 0.05% (Sell Option) | 0.05% only on sell side |
| Call Back Open Account |
5Paisa Vs INDmoney - Demat transaction charges
| 5Paisa | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹250/ per certificate |
| Call Back Open Account |
5Paisa Vs INDmoney - GST
| 5Paisa | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
5Paisa Vs INDmoney - SEBI Charges
| 5Paisa | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
5Paisa Vs INDmoney - Account Opening & AMC Charges
5Paisa
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
5Paisa Vs INDmoney
| 5Paisa | INDmoney | |
|---|---|---|
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
|
|
|
|
|
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
5Paisa Vs INDmoney - Brokerage charges & Plans
| 5Paisa | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order | N/A |
| Currency Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order | N/A |
| Equity Futures | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹499/ Month | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
5Paisa Vs INDmoney - Margin (Exposure)
| 5Paisa | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs INDmoney - Other Charges
| 5Paisa | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹499/ Month | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
5Paisa Vs INDmoney - STT/CTT
| 5Paisa | INDmoney | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% only on sell |
| Equity Options | 0.05% (Sell Option) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% (Sell Future) | 0.01% only on sell |
| Commodity Options | 0.05% (Sell Option) | 0.05% only on sell side |
| Call Back Open Account |
5Paisa Vs INDmoney - Demat transaction charges
| 5Paisa | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹250/ per certificate |
| Call Back Open Account |
5Paisa Vs INDmoney - GST
| 5Paisa | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
5Paisa Vs INDmoney - SEBI Charges
| 5Paisa | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
5Paisa Vs INDmoney - Features
| 5Paisa | INDmoney | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |