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 vs Angel One — quick verdict
You want low-cost, self-directed trading
India Ka Favourite Discount Broker
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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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 on | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
| Parameter | 5paisa | Angel 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.
▲ 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.
▲ 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.