5paisa vs HDFC Securities

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
HDFC Securities
Full-Service Broker · since 2000
HDFC Securities

5paisa vs HDFC Securities — quick verdict

Choose 5paisa if

You want low-cost, self-directed trading

India Ka Favourite Discount Broker

Choose HDFC Securities if

You want research and offline support

Invest Right. Invest Now.

Company overview

5paisa is a discount broker incorporated in 2007; HDFC Securities is a full-service broker incorporated in 2000.

Parameter5paisaHDFC Securities
Type of broker Discount Broker Full-Service Broker
Exchange membership NSE · BSE · MCX NSE · BSE · MCX
Year of incorporation 2007 2000 older
Number of branches 20+ Branches 200+ wider
Active clients 38 Lakh+ larger ~14.6 Lakh

Charges & AMC

Account-opening and maintenance charges for 5paisa and HDFC Securities compared side by side.

Parameter5paisaHDFC Securities
Trading a/c opening ₹0 ₹999 + GST
Trading a/c AMC ₹0 ₹0 (Free)
Demat a/c opening ₹0 ₹0 (Free)
Demat a/c AMC ₹300 + GST per year lower ₹750 per year*
DP charges (per ISIN, sell) ₹25 per scrip (ISIN) on sell transactions ₹18.50 + GST per debit transaction lower

Brokerage charges

How 5paisa and HDFC Securities price each trading segment, per executed order.

Parameter5paisaHDFC Securities
Equity Delivery ₹20 per executed order 0.10%
Equity Intraday ₹20 per executed order 0.03%
Equity Futures ₹20 per executed order ₹20 per executed order or 0.03% (whichever is lower)
Equity Options ₹20 per executed order ₹20 per executed order
Currency F&O ₹20 per executed order ₹20 per executed order
Commodity F&O ₹20 per executed order ₹20 per executed order
Call & Trade ₹100 per executed order ₹20 per executed order

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by 5paisa and HDFC Securities, per segment.

Parameter5paisaHDFC Securities
Equity Delivery NSE: 0.00297% • BSE: 0.00375% NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%)
Equity Intraday NSE: 0.00297% • BSE: 0.00375% NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%)
Equity Futures NSE: 0.00173% NSE ₹173 per Cr (0.00173%) | BSE ₹173 per Cr (0.00173%)
Equity Options NSE: 0.03503% (on premium) NSE ₹3,503 per Cr (0.03503%) | BSE ₹3,250 per Cr (0.0325%)
Currency Futures NSE: 0.00035% NSE ₹35 per Cr (0.00035%) | BSE ₹35 per Cr (0.00035%)
Currency Options NSE: 0.03110% (on premium) NSE ₹3,100 per Cr (0.0311%) | BSE ₹1,000 per Cr (0.01%)
Commodity Futures MCX: 0.00210% MCX ₹260 per Cr (0.00260%)
Commodity Options MCX: 0.04180% (on premium) MCX ₹5,000 per Cr (0.05%)

Demat & DP charges

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

Parameter5paisaHDFC Securities
Demat Account Opening ₹0 ₹0 (Free)
Annual Maintenance Charges (AMC) ₹300 + GST per year ₹750 per year*
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
Transaction Charges (Sell) — ₹18.50 + GST per debit transaction
Pledge Creation / Invocation — ₹25 + GST per request
Remat — ₹25 per certificate + applicable charges

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by 5paisa and HDFC Securities.

Parameter5paisaHDFC Securities
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday VAR + ELM Margin (Up to 5x*) As per SEBI peak margin norms (Up to 5x)
Equity Futures SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (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 HDFC Securities.

Parameter5paisaHDFC Securities
3-in-1 account ✕ No ✓ Yes better
Automated / API trading ✓ Yes better ✕ No
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✓ Yes ✓ Yes
Trading platforms 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight
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) 3-in-1 account, MTF, research reports, IPO investment, basket orders, option chain, mutual funds, ETFs and bonds.

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by 5paisa and HDFC Securities.

Parameter5paisaHDFC Securities
Trading platforms offered 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight
Number of platforms 3 4 more choice
Platforms (summary) 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal HDFC SKY, HDFC Securities Mobile App, ProTerminal, InvestRight
Mobile / desktop apps Web, Mobile, Desktop Web + Mobile, Mobile, Desktop, Web

User ratings

User ratings for 5paisa and HDFC Securities across the key parameters.

Rated on5paisaHDFC Securities
Fees 4.8 better 4.3
Brokerage 4.9 better 4.4
Trading platform 4.5 4.7 better
Customer service 4.2 4.3 better
Research 4 4.5 better
Overall 4.5 better 4.4

Investment options

Which investment products 5paisa and HDFC Securities let you access.

Parameter5paisaHDFC Securities
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 HDFC Securities.

Parameter5paisaHDFC Securities
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 HDFC Securities.

Parameter5paisaHDFC Securities
SEBI registration INZ000010651 INZ000186937
NSE member code 11104 06586
Year of incorporation 2007 2000 longer track record
Net worth ₹1,201.91 Cr ₹3,300+ Crore stronger
Exchange memberships NSE · BSE · MCX NSE · BSE · MCX
Latest complaint ratio 0.002 fewer complaints 0.175%

Complaints record

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

Parameter5paisaHDFC Securities
Latest financial year 2025–26 2025-26
Exchange NSE NSE
Active clients 16,82,541 larger base 15,39,103
Complaints filed 29 2,690
Complaint ratio 0.002 fewer complaints 0.175%

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.
HDFC Securities

▲ Pros

  • ✓ Integrated 3-in-1 account with HDFC Bank.
  • ✓ Comprehensive research reports and expert recommendations.
  • ✓ Advanced web, mobile and desktop trading platforms.
  • ✓ Investment in Stocks, F&O, IPOs, Mutual Funds, ETFs and Bonds.
  • ✓ Margin Trading Facility (MTF) available.
  • ✓ Strong brand reputation with nationwide presence.
  • ✓ Dedicated relationship manager for eligible customers.

▼ Cons

  • ✕ Brokerage charges are higher than discount brokers.
  • ✕ Annual Maintenance Charges apply for demat accounts.
  • ✕ Call & Trade service is chargeable.
  • ✕ Some advanced trading tools are available only to eligible customers.
  • ✕ Margin benefits depend on the applicable product and segment.
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Compare HDFC Securities with

HDFC Securities vs Zerodha HDFC Securities vs Angel One HDFC Securities vs Upstox HDFC Securities vs Groww HDFC Securities vs ICICI Direct HDFC Securities vs Kotak Neo HDFC Securities vs SBI Securities HDFC Securities vs Motilal Oswal HDFC Securities vs Paytm Money HDFC Securities vs Mirae Asset Sharekhan HDFC Securities vs Axis Direct HDFC Securities vs Choice Broking HDFC Securities vs m.Stock HDFC Securities vs Sahi HDFC Securities vs FYERS Securities HDFC Securities vs SMC Global HDFC Securities vs Anand Rathi HDFC Securities vs Jainam Broking Limited
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.