5paisa vs Angel One

A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.

5paisa
5paisa
Discount Broker · since 2007
VS
Angel One
Full-service Broker · since 1987
Angel One

5paisa vs Angel One — quick verdict

Choose 5paisa if

You want low-cost, self-directed trading

India Ka Favourite Discount Broker

Choose Angel One if

You want research and offline support

A full-service broker offering flat ₹20 discount-style pricing, in-house research and one of India's largest branch networks.

Company overview

5paisa is a discount broker incorporated in 2007; Angel One is a full-service broker incorporated in 1987.

Parameter5paisaAngel One
Type of broker Discount Broker Full-service Broker
Exchange membership NSE · BSE · MCX BSE · NSE · MCX · NCDEX
Year of incorporation 2007 1987 older
Number of branches 20+ Branches 900 wider
Active clients 38 Lakh+ 66,84,223 larger

Charges & AMC

Account-opening and maintenance charges for 5paisa and Angel One compared side by side.

Parameter5paisaAngel One
Trading a/c opening ₹0 ₹0 (Free)
Trading a/c AMC ₹0 ₹0 (Free)
Demat a/c opening ₹0 ₹0 (Free)
Demat a/c AMC ₹300 + GST per year ₹240 lower
DP charges (per ISIN, sell) ₹25 per scrip (ISIN) on sell transactions ₹20 per debit lower

Brokerage charges

How 5paisa and Angel One price each trading segment, per executed order.

Parameter5paisaAngel One
Equity Delivery ₹20 per executed order ₹20 or 0.1% (lower)
Equity Intraday ₹20 per executed order ₹20 or 0.1% (lower)
Equity Futures ₹20 per executed order ₹20 / order
Equity Options ₹20 per executed order ₹20 / order
Currency F&O ₹20 per executed order ₹20 / order
Commodity F&O ₹20 per executed order ₹20 / order
Call & Trade ₹100 per executed order +₹20/order

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by 5paisa and Angel One, per segment.

Parameter5paisaAngel One
Equity Delivery NSE: 0.00297% • BSE: 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE: 0.00297% • BSE: 0.00375% NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE: 0.00173% NSE Rs 173 per Cr (0.00173%) | BSE Rs 0
Equity Options NSE: 0.03503% (on premium) NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium)
Currency Futures NSE: 0.00035% NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%)
Currency Options NSE: 0.03110% (on premium) NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Futures MCX: 0.00210%
Commodity Options MCX: 0.04180% (on premium)

Demat & DP charges

Depository (demat) charges for 5paisa and Angel One — AMC, debit transactions, pledging and remat.

Parameter5paisaAngel One
Demat Account Opening ₹0
Annual Maintenance Charges (AMC) ₹300 + GST per year Rs 240 per year (Rs 20 per month)
Debit Transaction Charges ₹25 per scrip (ISIN) on sell transactions
Pledge / Unpledge Charges ₹20 + GST per request
Dematerialisation (Demat) ₹150 per certificate + GST
Rematerialisation (Remat) ₹150 per certificate + GST
Failed Transactions Nil Nil
Demat Account Opening Charges Rs 0 (Free)
Transaction Charges (Buy) Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Demat + Courier charges Rs 50 per certificate
Remat Rs 50 per certificate
Pledge Creation Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Pledge Creation Confirmation Nil
Pledge Invocation Rs 20 per ISIN
Other Charges Rs 50 per request for additional DIS

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by 5paisa and Angel One.

Parameter5paisaAngel One
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday VAR + ELM Margin (Up to 5x*) Up to 20% of trade value (Up to 5x)
Equity Futures SPAN + Exposure Margin (As per available margin) 100% NRML (Span + Exposure) (1x)
Equity Options (Buy) Premium Value (Not Applicable)
Equity Options (Sell) SPAN + Exposure Margin (As per available margin)
Currency Futures & Options SPAN + Exposure Margin (As per available margin)
Commodity Futures & Options SPAN + Exposure Margin (As per available margin)

Features & account

Account type and feature availability across 5paisa and Angel One.

Parameter5paisaAngel One
3-in-1 account ✕ No ✕ No
Automated / API trading ✓ Yes ✓ Yes
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✓ Yes better ✕ No
Trading platforms 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Super App, Web, Angel SpeedPro
Intraday square-off 3:15 PM 3:15 PM
Other Algo Trading, API Trading, Option Chain, Basket Orders, Smart Investor, Screeners, Advanced Charting, Price Alerts, eDIS, Margin Trading Facility (MTF) Daily/weekly research reports

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by 5paisa and Angel One.

Parameter5paisaAngel One
Trading platforms offered 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Angel One Super App, Angel One Trade, Angel SpeedPro
Number of platforms 3 3
Platforms (summary) 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Super App, Web, Angel SpeedPro
Mobile / desktop apps Web, Mobile, Desktop Mobile, Web, Desktop

User ratings

User ratings for 5paisa and Angel One across the key parameters.

Rated on5paisaAngel One
Fees 4.8 better 3
Brokerage 4.9 better 3
Trading platform 4.5 better 3
Customer service 4.2 better 2.5
Research 4 better 2.7
Overall 4.5 better 3.9

Investment options

Which investment products 5paisa and Angel One let you access.

Parameter5paisaAngel One
Stocks / Equity ✓ Yes ✓ Yes
Commodity ✓ Yes ✓ Yes
IPO ✓ Yes ✓ Yes
Mutual Funds ✓ Yes ✓ Yes
Bonds / NCD ✓ Yes ✓ Yes

Order types offered

Advanced order types supported by 5paisa and Angel One.

Parameter5paisaAngel One
Bracket Order ✕ No ✓ Yes better
Cover Order ✕ No ✓ Yes better
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✓ Yes better ✕ No

Safety & credibility

SEBI registration, financial strength and complaint record for 5paisa and Angel One.

Parameter5paisaAngel One
SEBI registration INZ000010651 INZ000161534
NSE member code 11104 12798
Year of incorporation 2007 1987 longer track record
Net worth ₹1,201.91 Cr ₹4,620.22 Cr stronger
Exchange memberships NSE · BSE · MCX BSE · NSE · MCX · NCDEX
Latest complaint ratio 0.002 fewer complaints 0.016%

Complaints record

Exchange complaint data for 5paisa and Angel One — the ratio matters more than the raw count.

Parameter5paisaAngel One
Latest financial year 2025–26 2025-26
Exchange NSE NSE
Active clients 16,82,541 67,45,594 larger base
Complaints filed 29 1,070
Complaint ratio 0.002 fewer complaints 0.016%

Pros & cons

The main advantages and drawbacks of each broker.

5paisa

▲ Pros

  • ✓ Flat ₹20 brokerage per executed order across segments.
  • ✓ Fully digital and paperless account opening.
  • ✓ Supports stocks, F&O, commodities, mutual funds, IPOs, ETFs, and bonds.
  • ✓ Algo Trading, API integration, and Margin Trading Facility (MTF) available.
  • ✓ Advanced web and mobile trading platforms with powerful charting tools.
  • ✓ Transparent pricing and a wide range of investment products.

▼ Cons

  • ✕ Research and advisory services are limited compared to full-service brokers.
  • ✕ Call & Trade service is chargeable.
  • ✕ Annual Demat AMC is applicable.
  • ✕ Physical branch network is limited.
  • ✕ Customer support response times may vary during peak market hours.
Angel One

▲ Pros

  • ✓ Full-service research at flat ₹20 discount-style pricing.
  • ✓ Flat fee across segments & exchanges.
  • ✓ Free research, advisory and trading tips.
  • ✓ Margin trading & securities as collateral available.
  • ✓ No charge for NEFT / fund transfers.
  • ✓ Local sub-broker / RM support.

▼ Cons

  • ✕ Margin funding can be applied without notice.
  • ✕ No trading in SME shares.
  • ✕ Sales team may cross-sell other products.
  • ✕ GTC / GTT order facility not available.
  • ✕ Does not offer a 3-in-1 account.

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.