Upstox vs 5paisa
Comparison of charges, features, and platform quality. Both Upstox and 5paisa are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both Upstox and 5paisa are top-rated Discount brokers.
Upstox Wins on:
Best For IntradayBetter choice if you prioritize fast trading platform (pro) and need fast app, pro tools.
5paisa Wins on:
Best For BeginnersBetter choice if you prioritize flat fee per order and need flat brokerage, research.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹0 (Free) |
| AMC (Yearly) | ₹150/year | ₹300/year |
| Equity Delivery | ₹20 or 2.5% | ₹20 |
| Intraday Tradng | ₹20 or 0.05% | ₹20 |
| Active Clients | 30 Lakhs+ | 35 Lakhs+ |
| Rating | 4.6 | 4.2 |
| Best For | Intraday, Options | Beginners, Intraday |
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Brokerage Charges Explained
Upstox Fees
For equity delivery, ₹20 or 2.5% applies. If you trade Intraday, you pay ₹20 or 0.05% per order.
This makes it suitable for frequent traders.
5paisa Fees
For equity delivery, ₹20 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Trading Platform & App
UpstoxUpstox's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
5paisa5paisa's platform focuses on research and data. Users find it extremely beginner friendly.
Choose Upstox if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer fast app features.
Choose 5paisa if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Intraday.
- You prefer flat brokerage features.
Pros & Cons Comparison
Upstox
Advantages
- Fast trading platform (Pro)
- Good charting tools
- Margin against shares
Disadvantages
- Delivery is charged (₹20)
- Customer support mixed reviews
- Downtime issues occasionally
5paisa
Advantages
- Flat fee per order
- Good mobile app
- Research and tips included
Disadvantages
- Customer support issues
- Hidden charges reported by users
