5paisa vs Paytm Money
A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.
5paisa
VS
Paytm Money
5paisa vs Paytm Money — quick verdict
Choose 5paisa if
You want low-cost, self-directed trading
India Ka Favourite Discount Broker
Choose Paytm Money if
You want low-cost, self-directed trading
Invest in stocks, F&O, mutual funds and IPOs with zero lifetime AMC and a technology-first trading platform.
Company overview
5paisa is a discount broker incorporated in 2007; Paytm Money is a discount broker incorporated in 2017.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Type of broker | Discount Broker | Discount Broker |
| Exchange membership | NSE · BSE · MCX | NSE · BSE · MCX · NCDEX · MSEI |
| Year of incorporation | 2007 older | 2017 |
| Number of branches | 20+ Branches wider | 0 |
| Active clients | 38 Lakh+ larger | 21 Million+ Users* |
Charges & AMC
Account-opening and maintenance charges for 5paisa and Paytm Money compared side by side.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Trading a/c opening | ₹0 | ₹0 (Free) |
| Trading a/c AMC | ₹0 | ₹0 |
| Demat a/c opening | ₹0 | ₹0 (Free) |
| Demat a/c AMC | ₹300 + GST per year | ₹0 (Lifetime Free) lower |
| DP charges (per ISIN, sell) | ₹25 per scrip (ISIN) on sell transactions | ₹20 per debit transaction lower |
Brokerage charges
How 5paisa and Paytm Money price each trading segment, per executed order.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Equity Delivery | ₹20 per executed order | ₹20 per executed order |
| Equity Intraday | ₹20 per executed order | ₹20 per executed order |
| Equity Futures | ₹20 per executed order | ₹20 per executed order or 0.02% (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 | ₹50 per executed order |
Transaction charges (exchange turnover)
Exchange turnover and clearing charges passed through by 5paisa and Paytm Money, per segment.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Equity Delivery | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.00297% • BSE: 0.00375% |
| Equity Intraday | NSE: 0.00297% • BSE: 0.00375% | NSE: 0.00297% • BSE: 0.00375% |
| Equity Futures | NSE: 0.00173% | NSE: 0.00173% |
| Equity Options | NSE: 0.03503% (on premium) | NSE: 0.03503% (on premium) |
| Currency Futures | NSE: 0.00035% | NSE: 0.00035% |
| Currency Options | NSE: 0.03110% (on premium) | NSE: 0.0311% (on premium) |
| Commodity Futures | MCX: 0.00210% | MCX: 0.00210% |
| Commodity Options | MCX: 0.04180% (on premium) | MCX: 0.04180% (on premium) |
Demat & DP charges
Depository (demat) charges for 5paisa and Paytm Money — AMC, debit transactions, pledging and remat.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Demat Account Opening | ₹0 | ₹0 |
| Annual Maintenance Charges (AMC) | ₹300 + GST per year | ₹0 (Lifetime Free) |
| Debit Transaction Charges | ₹25 per scrip (ISIN) on sell transactions | ₹20 per sell transaction |
| Pledge / Unpledge Charges | ₹20 + GST per request | ₹20 per transaction (Margin pledge/unpledge as per current tariff) |
| Dematerialisation (Demat) | ₹150 per certificate + GST | ₹250 per certificate / per scheme |
| Rematerialisation (Remat) | ₹150 per certificate + GST | ₹250 per certificate / per scheme |
| Failed Transactions | Nil | Nil |
Margin & leverage (MTF)
Intraday and delivery margin / leverage offered by 5paisa and Paytm Money.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Equity Delivery | 100% of trade value (1x) | 100% of trade value (1x) |
| Equity Intraday | VAR + ELM Margin (Up to 5x*) | VAR + ELM Margin (Up to 5x) |
| Equity Futures | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per available margin) |
| Equity Options (Buy) | Premium Value (Not Applicable) | Premium Value (Not Applicable) |
| Equity Options (Sell) | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per available margin) |
| Currency Futures & Options | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per available margin) |
| Commodity Futures & Options | SPAN + Exposure Margin (As per available margin) | SPAN + Exposure Margin (As per available margin) |
Features & account
Account type and feature availability across 5paisa and Paytm Money.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| 3-in-1 account | ✕ No | ✕ No |
| 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 | Paytm Money Web, Paytm Money App |
| 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) | TradingView Charts, Basket Orders, Option Chain, Stock SIP, Price Alerts, ETF Investing, NPS, Margin Trading Facility (MTF), eDIS |
Trading platforms & apps
Trading terminals, web platforms and mobile apps offered by 5paisa and Paytm Money.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Trading platforms offered | 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal | Paytm Money Web, Paytm Money App, TradingView Charts |
| Number of platforms | 3 | 3 |
| Platforms (summary) | 5paisa Web Trade, 5paisa Mobile App, 5paisa Trader Terminal | Paytm Money Web, Paytm Money App |
| Mobile / desktop apps | Web, Mobile, Desktop | Web, Mobile, Integrated Charting |
User ratings
User ratings for 5paisa and Paytm Money across the key parameters.
| Rated on | 5paisa | Paytm Money |
|---|---|---|
| Fees | 4.8 | 4.8 |
| Brokerage | 4.9 better | 4.8 |
| Trading platform | 4.5 | 4.5 |
| Customer service | 4.2 better | 4.1 |
| Research | 4 better | 3.8 |
| Overall | 4.5 better | 4.4 |
Investment options
Which investment products 5paisa and Paytm Money let you access.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| 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 Paytm Money.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| 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 Paytm Money.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| SEBI registration | INZ000010651 | INZ000240532 |
| NSE member code | 11104 | 90165 |
| Year of incorporation | 2007 longer track record | 2017 |
| Net worth | ₹1,201.91 Cr stronger | ₹366.98 Cr |
| Exchange memberships | NSE · BSE · MCX | NSE · BSE · MCX · NCDEX · MSEI |
| Latest complaint ratio | 0.002 | 0.002% |
Complaints record
Exchange complaint data for 5paisa and Paytm Money — the ratio matters more than the raw count.
| Parameter | 5paisa | Paytm Money |
|---|---|---|
| Latest financial year | 2025–26 | 2025–26 |
| Exchange | NSE | NSE |
| Active clients | 16,82,541 larger base | 765,696 |
| Complaints filed | 29 | 14 |
| Complaint ratio | 0.002 | 0.002% |
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.
Paytm Money
▲ Pros
- ✓ Zero lifetime Demat AMC.
- ✓ Competitive flat brokerage across trading segments.
- ✓ Fully digital and paperless account opening.
- ✓ Supports stocks, F&O, commodities, IPOs, mutual funds, ETFs, bonds, and NPS.
- ✓ Modern web and mobile trading platforms with advanced charting.
- ✓ GTT orders, Basket Orders, Stock SIP, and Margin Trading Facility available.
▼ Cons
- ✕ Limited offline branch network.
- ✕ Research and advisory services are not as comprehensive as full-service brokers.
- ✕ Call & Trade service is chargeable.
- ✕ No dedicated desktop trading software.
- ✕ Customer support response time may vary during peak market hours.
Explore more comparisons
Compare 5paisa with
5paisa vs Zerodha 5paisa vs Angel One 5paisa vs Upstox 5paisa vs Groww 5paisa vs ICICI Direct 5paisa vs Kotak Neo 5paisa vs HDFC Securities 5paisa vs SBI Securities 5paisa vs Motilal Oswal 5paisa vs Mirae Asset Sharekhan 5paisa vs Axis Direct 5paisa vs Choice Broking 5paisa vs m.Stock 5paisa vs Sahi 5paisa vs FYERS Securities 5paisa vs SMC Global 5paisa vs Anand Rathi 5paisa vs Jainam Broking LimitedCompare Paytm Money with
Paytm Money vs Zerodha Paytm Money vs Angel One Paytm Money vs Upstox Paytm Money vs Groww Paytm Money vs ICICI Direct Paytm Money vs Kotak Neo Paytm Money vs HDFC Securities Paytm Money vs SBI Securities Paytm Money vs Motilal Oswal Paytm Money vs Mirae Asset Sharekhan Paytm Money vs Axis Direct Paytm Money vs Choice Broking Paytm Money vs m.Stock Paytm Money vs Sahi Paytm Money vs FYERS Securities Paytm Money vs SMC Global Paytm Money vs Anand Rathi Paytm Money vs Jainam Broking LimitedDisclaimer: 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.