5paisa vs Bajaj Broking

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
Bajaj Broking
Full-Service Broker · since 2010
Bajaj Broking

5paisa vs Bajaj Broking — quick verdict

Choose 5paisa if

You want low-cost, self-directed trading

India Ka Favourite Discount Broker

Choose Bajaj Broking if

You want research and offline support

Bajaj Broking Review 2026 — Explore flexible brokerage plans, research-backed stock ideas, advanced trading tools, MTF, IPOs and multi-asset investing.

Company overview

5paisa is a discount broker incorporated in 2007; Bajaj Broking is a full-service broker incorporated in 2010.

Parameter5paisaBajaj Broking
Type of broker Discount Broker Full-Service Broker
Exchange membership NSE · BSE · MCX NSE · BSE · MCX
Year of incorporation 2007 older 2010
Number of branches 20+ Branches 45+ branches across 40+ locations, accor wider
Active clients 38 Lakh+ Approximately 6 lakh as of 31 December 2 larger

Charges & AMC

Account-opening and maintenance charges for 5paisa and Bajaj Broking compared side by side.

Parameter5paisaBajaj Broking
Trading a/c opening ₹0 ₹0
Trading a/c AMC ₹0 ₹0
Demat a/c opening ₹0 ₹0
Demat a/c AMC ₹300 + GST per year ₹0 (via plans) lower
DP charges (per ISIN, sell) ₹25 per scrip (ISIN) on sell transactions lower ₹30 per ISIN per debit transaction

Brokerage charges

How 5paisa and Bajaj Broking price each trading segment, per executed order.

Parameter5paisaBajaj Broking
Equity Delivery ₹20 per executed order ₹20/order
Equity Intraday ₹20 per executed order ₹20/order
Equity Futures ₹20 per executed order ₹20/order
Equity Options ₹20 per executed order ₹20/order
Currency F&O ₹20 per executed order ₹20 per order
Commodity F&O ₹20 per executed order ₹20 per order
Call & Trade ₹100 per executed order Included / supported

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by 5paisa and Bajaj Broking, per segment.

Parameter5paisaBajaj Broking
Equity Delivery NSE: 0.00297% • BSE: 0.00375% NSE ₹297 per Cr (0.00297%) | BSE ₹375 per Cr (0.00375%)
Equity Intraday NSE: 0.00297% • BSE: 0.00375% NSE ₹297 per Cr (0.00297%) | BSE ₹375 per Cr (0.00375%)
Equity Futures NSE: 0.00173% NSE ₹173 per Cr (0.00173%) | BSE ₹0
Equity Options NSE: 0.03503% (on premium) NSE ₹3503 per Cr (0.03503%) | BSE ₹325 per Cr (0.00325% on premium)
Currency Futures NSE: 0.00035% NSE ₹35 per Cr (0.00035%) | BSE ₹45 per Cr (0.00045%)
Currency Options NSE: 0.03110% (on premium) —
Commodity Futures MCX: 0.00210% —
Commodity Options MCX: 0.04180% (on premium) —

Demat & DP charges

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

Parameter5paisaBajaj Broking
Demat Account Opening ₹0 ₹0
Annual Maintenance Charges (AMC) ₹300 + GST per year ₹0 under the published standard fee schedule; verify plan-specific conditions
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 Not verified
Transaction Charges (Sell) — ₹30 or 0.0002% of transaction value, whichever is higher, plus applicable taxes, as listed for off-market transfers; confirm the applicable delivery DP charge separately
Pledge / Unpledge / Closure / Invocation — ₹35 plus applicable taxes
Physical CMR/DIS — First request free; subsequent requests ₹50 plus ₹100 courier charges and applicable taxes
Dematerialisation — Official fee schedule lists ₹50 per request plus ₹50 per certificate; verify the current tariff
Rematerialisation — ₹35 per certificate or per 100 shares, whichever is higher, plus applicable charges

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by 5paisa and Bajaj Broking.

Parameter5paisaBajaj Broking
Equity Delivery 100% of trade value (1x) Generally 100% of the trade value unless an eligible facility applies (1x without borrowing)
Equity Intraday VAR + ELM Margin (Up to 5x*) Depends on the stock, risk controls and applicable exchange margin requirements (Not fixed; depends on available margin)
Equity Futures SPAN + Exposure Margin (As per available margin) Exchange-prescribed SPAN and exposure margin requirements apply (Not fixed)
Equity Options (Buy) Premium Value (Not Applicable) Depends on the contract, position and applicable margin requirements (Not fixed)
Equity Options (Sell) SPAN + Exposure Margin (As per available margin) Subject to eligible securities, funding limits and the applicable plan (Bajaj Broking advertises up to 4x buying power on eligible stocks; actual limits vary)
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 Bajaj Broking.

Parameter5paisaBajaj Broking
3-in-1 account ✕ No ✓ Yes better
Automated / API trading ✓ Yes ✓ Yes
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✓ Yes ✓ Yes
Trading platforms 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Bajaj Broking Trading App, Web Platform, NEST Trading Workstation (TWS), Bajaj Broking APIs.
Intraday square-off 3:15 PM 3:20 PM
Other Algo Trading, API Trading, Option Chain, Basket Orders, Smart Investor, Screeners, Advanced Charting, Price Alerts, eDIS, Margin Trading Facility (MTF) Margin Trading Facility (MTF) up to 365 days, expert research reports, zero account opening fees.

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by 5paisa and Bajaj Broking.

Parameter5paisaBajaj Broking
Trading platforms offered 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Bajaj Broking Trading App, Bajaj Broking Web Platform, NEST Trading Workstation (TWS), Bajaj Broking APIs
Number of platforms 3 4 more choice
Platforms (summary) 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal Bajaj Broking Trading App, Web Platform, NEST Trading Workstation (TWS), Bajaj Broking APIs.
Mobile / desktop apps Web, Mobile, Desktop Mobile, Web, Desktop / Trading Terminal, API / Integration

User ratings

User ratings for 5paisa and Bajaj Broking across the key parameters.

Rated on5paisaBajaj Broking
Fees 4.8 better 4.4
Brokerage 4.9 better 4.3
Trading platform 4.5 better 4.2
Customer service 4.2 better 4
Research 4 4.5 better
Overall 4.5 better 4.2

Investment options

Which investment products 5paisa and Bajaj Broking let you access.

Parameter5paisaBajaj Broking
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 Bajaj Broking.

Parameter5paisaBajaj Broking
Bracket Order ✕ No ✕ No
Cover Order ✕ No ✕ No
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✓ Yes ✓ Yes

Safety & credibility

SEBI registration, financial strength and complaint record for 5paisa and Bajaj Broking.

Parameter5paisaBajaj Broking
SEBI registration INZ000010651 INZ000218931
NSE member code 11104 90177 (NSE member ID)
Year of incorporation 2007 longer track record 2010
Net worth ₹1,201.91 Cr ₹2,037 crore as of December 2025, according to CRISIL Rating stronger
Exchange memberships NSE · BSE · MCX NSE · BSE · MCX
Latest complaint ratio 0.002 fewer complaints 0.11%

Complaints record

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

Parameter5paisaBajaj Broking
Latest financial year 2025–26 2025–26
Exchange NSE NSE
Active clients 16,82,541 larger base 59,995
Complaints filed 29 67
Complaint ratio 0.002 fewer complaints 0.11%

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.
Bajaj Broking

▲ Pros

  • ✓ Multiple brokerage plans to suit different trading requirements.
  • ✓ ₹10-per-order brokerage advertised for eligible segments under the Professional Pack.
  • ✓ Online demat and trading account opening.
  • ✓ Access to equity, derivatives, IPOs, mutual funds and bonds.
  • ✓ Margin Trading Facility with plan-dependent interest rates.
  • ✓ Research-backed stock ideas and market insights.
  • ✓ Trading APIs with order-management and market-feed capabilities.
  • ✓ Advanced charting, watchlists, screeners and trading tools.
  • ✓ Access to investment calculators for brokerage, margin and other financial calculations.

▼ Cons

  • ✕ The lowest advertised brokerage requires selecting the applicable paid subscription plan.
  • ✕ The Professional Pack has an annual subscription cost.
  • ✕ The Freedom Pack's subscription is free for the first year but costs ₹431 annually from the second year.
  • ✕ MTF involves interest costs, eligibility requirements and market risk.
  • ✕ Brokerage and statutory charges can make the total trading cost higher than the headline per-order fee.
  • ✕ Users who rely on API or algorithmic trading may need to understand integration requirements and trading-related risks.
  • ✕ Current support response times and service-quality ratings have not been independently verified.
  • ✕ Detailed exchange transaction fees should be checked against the current tariff before comparing costs.
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Compare Bajaj Broking with

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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.