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5paisa Review

3.83.8 out of 55,420 user reviews· Discount broker

Low-cost discount broker with subscription packs that reduce per-order fees.

Overview

Founded
2016
Customer base
40 lakh+
Broker type
Discount
Exchanges
NSE, BSE, MCX
Trading platforms
Android, iOS, Web, API
Research
Moderate
Customer support
Average
App rating
3.7 / 5

Brokerage & Charges

Last updated 12 Aug 2026
Equity delivery₹20 per order (₹10 on packs)
Equity intraday₹20 per order (₹10 on packs)
Futures₹20 per order
Options₹20 per order
Currency₹20 per order
Commodity₹20 per order
Account openingFree
Annual maintenance (AMC)₹300 per year
DP charges₹12.5 + GST per scrip (sell)
Call & trade₹50 per order
Minimum balanceNone

Charges can change at any time and may differ by plan or segment. Verify the broker's current official tariff sheet before opening an account.

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Features & Products

Stocks
Mutual Funds
IPO
ETFs
Bonds
F&O
Commodity
Currency
Research
Algo/API
Margin Trading
  • Subscription brokerage packs
  • Research packs
  • Robo advisory
  • Margin funding

Pros

  • Very low flat fees on packs
  • Wide segment coverage
  • Affordable for small traders

Cons

  • Platform stability complaints
  • Add-on charges on some services

User Reviews

Rahul M.

5.0 out of 5

Order placement is quick and the app rarely lags at market open.

42 found this helpful

Sneha K.

4.0 out of 5

Charges are transparent. Support took a day to respond but resolved my issue.

18 found this helpful

Arun P.

3.0 out of 5

Good for delivery investing, but I would like deeper research reports.

9 found this helpful

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We are a broker comparison and discovery platform. Brokerage rates, fees, offers and product features may change. Please verify the latest information on the broker's official website before opening an account. Information provided on this platform should not be considered investment advice.

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