In this Upstox Vs 5Paisa review we will compare all the different services and features offered by both brokers and try to find out who is best among both stockbrokers.

Many beginners assume 5Paisa as a discount broker, but when you look at the services offered by them one can conclude 5Paisa is a equal to a full time stock broker.

Prior understanding why I am saying that, let me tell you a quick fact about both the stockbrokers, as per the latest data on NSE, Upstox is at the top position as they have more than 7.8 million active clients whereas 5Paisa have more than 24,15,879 active clients.

Although the number do speak for themselves but one should never consider this as a benchmark before choosing any stock broker.

There are many criteria such as best trading platform and mobile apps, lowest brokerage, good customer service, lower or no cost for opening trading/demat account etc.

By the way you can read the separate review of Upstox and 5Paisa Here..

Just to let you know this review guide is going to be long, you can switch from table of contents to look for the relevant info you want to know.

However below is overall comparison points between Upstox Vs 5Paisa to tell you in short about who is best by which you can make instant decision to open account.

 

Upstox Vs 5Paisa Overall Comparison:

I have already used both their services as well as wrote the reviews about them in detailed way separately, based on my experience and facts below are things you can consider before opening an account with them.

1. You can trade and invest in all segments i.e. stocks (equity) FnO, Commodity, Currency, at NSE, BSE, MCX on both 5Paisa and upstox.
2. Both stock brokers 5paisa and Upstox, have fantastic trading platform for desktop/mobile app, you can do fundamental as well as technical analysis quite easily.
3. Upstox trading platform have also partnered with third party service integration as well such as Smallcase for portfolio based investments and, Sensibull for option based strategies, Tickertape, Sentinel etc.
4. 5paisa have also done integration with Sensibull, however smallcase is not yet there.
5. 5Paisa is a discount cum – full time broker, you may enjoy stock recommendation depending upon the paid addon plan you take. This paid service is not available with Upstox.
6. 5Paisa has option for you to make investment in US stocks as well whereas Upstox is about to launch the same feature this year later.
7. Upstox brokerages are lower than 5Paisa brokerages when comparing free basic plan of 5Paisa. 5Paisa charging Rs.20 per executed order whereas Upstox charging Rs.20 or 0.05% (whichever is lower). Upstox also offers free delivery i.e. brokerage free trades.
8. Call and trade service if you use than charges are Rs.50 for Upstox whereas for 5Paisa basic plan (free) you will be charged Rs.100. Other charges such as stamp duty, DP, transactions charges remains same for both.
9. You can expect good customer service from both stock brokers.
10. 5Paisa as well as Upstox offers brokerage or say commission free mutual funds investment and platform for its users.
11. Upstox and 5Paisa also gives Margin Trading Facility for up to 4X leverage (50% funds) for Equity Delivery trading or buying certain stocks and holding them,
12. If we talk about Margin at Upstox vs 5Paisa, after SEBI Rules on Intraday margin every stockbroker is giving same margin 5x throughout India, hence this does not matter anymore.
13. With Upstox and 5Paisa you can also invest and trade in IPO’s, NFO’s, ETF, SGB, and many other financial products with so much ease.
14. 5Paisa also offers Insurance, loans, investments services where as Upstox provide digital gold investment.
15. Upstox do charges one time account opening fee of Rs.199 and Rs.25 p.m. for AMC (Annual Maintenance Charge) at the year end. However, for a limited time period you can open a free upstox account here.
16. Where as 5Paisa charges Rs.299 for account opening and Rs.25 Per month for AMC.
17. Overall, Upstox when compared on all parameters is still have an edge over 5Paisa as of now.

 

Now, it is up to you to decide which one you choose as both have everything that is needed to trade and invest in stock market hassle free online.

Overall, Upstox is better stockbroker than 5Paisa if you want to invest and trade in stock market without any doubt.

💡 Whether you’re just getting started or scaling your trades, Upstox gives you the edge with lower costs and powerful features.

👉 Join Upstox today and start your investing journey with a winning platform!
Click here to open your FREE account now

🔗 Don’t miss out—start smart, trade smarter with Upstox!

Let us now know some of the reason to open an trading and demat account with Upstox:

 

Reason To Open Upstox Demat & Trading Account?

India’s Highest-Rated Stock Market App with 1.3 Cr+ users and growing 🚀

Looking for a powerful and feature-rich trading platform? Whether you’re a pro trader or a long-term investor, Upstox offers everything you need in one place.

🔁 Modes for Every Type of User

🧠 1. Upstox PRO – For Active Traders

Trade in F&O, Currency, Commodity, and Equity with advanced tools and insights:

🔍 Discover Trades with Ease:

• Option Chain Tool with customizable Greeks, Max Pain, PCR & more
• Smartlists: Top Traded, OI Gainers/Losers, Most Active
• Futures Heatmap: Visualize market trends
• Ready-Made Option Strategies built right into the app
• Currency & Commodity Futures in one platform

📊 Advanced Trade Analysis:

• TradingView + ChartIQ integration with 100+ indicators
• In-depth Open Interest (OI) analysis for indices
• Accurate FII + DII data for smarter decisions

⚙️ Powerful Order Tools:

• Place 20-leg Basket Orders instantly
• Automate risk with GTT + Trailing Stop-Loss
• Margin Pledge: Get up to 90% collateral margin
• 4X Leverage for Equity Delivery
• 5X Intraday Margin on stocks

📈 2. Upstox – For Long-Term Investors

Invest in Stocks, Mutual Funds, ETFs, IPOs, Bonds & more

📌 Stock Investing:

• Browse 5,000+ stocks with curated lists (Top Gainers, Movers, Sector-based)
• Fundamentals: PE ratio, dividend yield, analyst ratings
• Stock SIPs & 365-day limit orders
• 6-point checklist for better decisions
• Easy intraday and delivery trading

📊 Mutual Funds & ETFs:

• 15+ Mutual Fund categories, SIPs from ₹100
• Save more with Direct Plans
• Built-in SIP Return Calculators
• Smart ETF tracking: error, liquidity & more

🪙 Gold & Govt-Backed Investments:

• Sovereign Gold Bonds: 2.5% interest + tax-free maturity
• Access to T-Bills, SDLs, Fixed Income Bonds & NCDs

🚀 IPOs:

• Pre-apply for upcoming IPOs
• Track recently listed IPOs
• Easy UPI payments (GPay, BHIM, etc.)

 

💼 What Makes Upstox the Best Choice?

• ✅ Limited Time Free Account Opening – Zero AMC, online KYC
• ✅ ₹0 Brokerage on Mutual Funds, IPOs, Gold Bonds
• ✅ Flat ₹20/order on Equity, F&O, Currency & Commodity
• ✅ Access to UpLearn – Learn strategies, trading & more
• ✅ Invest in P2P Lending & Fixed Deposits
• ✅ Tools for every level – from beginner to pro

 

🏁 Ready to Get Started?

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

 

About Upstox Vs 5Paisa:

Let us start by knowing about both the stock brokers in brief.

 

 

RKSV Securities later changed to Upstox was founded in 2011, it was founded by Ravi Kumar, Raghu Kumar and Shrinivas Viswanath. RKSV stands for the initials of their names (RK for Ravi and Raghu Kumar and SV for Shrinivas Viswanath) later in 2016 the name has been changed to Upstox.

Upstox is backed by none other than Ratan Tata, Kalaari Capital, GVK Davixa and Tiger Global, recently they have announced building technology and platform to trade in US markets as well by next year. Upstox is a SEBI registered discount broker and member of NSE, BSE, MCX.

You can trade and invest in different segments such as Equity, Derivatives, Commodity, Currency Futures, Mutual Funds, IPOs. They are depository participant (DP) for both NSDL and CDSL.

As I have already told you they have more than7.8 million active client base and total client is near about 9 million which makes them one of the reliable and best brokers for both trades and investors.

There office is registered at New Delhi and also has a correspondence office in Mumbai.

 

 

5paisa is a subsidiary of IIFL Holdings Limited (formerly known as India Infoline Limited), Nirmal Jain is the owner of 5paisa as well as IIFL. However, In 2016, IIFL demerged 5Paisa Digital Undertaking from the company into 5Paisa Capital.

IIFL had invested Rs 100 crore in 5Paisa, a digital platform for all financial products including equities, derivatives, mutual funds, AIFs, bonds & debentures, insurance and personal loans.

So, 5paisa works as an independent company having support of IIFL, Mr. Prakarsh Gagdani is the director and CEO of the company. 5paisa got listed on Indian stock exchange ( BSE and NSE) In Nov,2017. 5paisa is also first Publicly Listed online broking company.

As I have already told you the total number of active clients are more than 24.5 lakh as per NSE. Which means they have added more than 1.5 lakh clients every year in last 5 years in market. 

5paisa offers all financial services like Equity Trading, Mutual funds investments, Insurance, Research Products, Commodity and Currency Trading, Digital Gold Investment, Robo Advisory and Personal Loans under one roof.

5paisa headquartered at Mumbai, near Thane and it is associated with all three major stock exchanges in India NSE, BSE & MCX. They are depository participant (DP) for both NSDL and CDSL.

Recently Upstox have announced building technology and platform to trade in US markets as well by end of 2025 this year. Whereas you can Invest in US Markets using 5Paisa platform which they have launched in 2021.

 

Upstox Vs 5Paisa Brokerages Comparison:

Brokerage is the most important factor when you trade and invest, both upstox and 5Paisa have quite low brokerages. Brokerage is something which as a trader and investor one should always be looking at before choosing the broker.

Let us first know about the brokerage of upstox,

What they mean is, suppose you bought stock xyz priced at Rs.100, quantity 100 on intraday basis,

so the total turnover would be bought 100, sold 100(100*200)=  20,000 on this amount they will charge either whichever amount is lower as 0.05% of 20000, is Rs.10 so they will charge that instead of flat Rs.20.

Moreover for investing in mutual funds there are no brokerage or commission is charged at upstox at all.

Overall the brokerage charges at upstox are quite low and decent in comparison to other brokers.

 

Let us now move on check the brokerage at 5Paisa

5Paisa do not charge any brokerage, for any segment, they only charge flat fee of Rs.20 per executed order. Keep in mind these brokerage is for free plan and not the two add-on packs ultra and power.

 

Similarly you can make investments in mutual funds through monthly SIP or Lumpsum using 5paisa platform and there are Zero charges as well as no commissions.

 

 

Unlike other brokers, 5paisa offers different services depending upon the subscription package you take at the time of opening the account with them.

This means either you do not take any add on plan from 5 paisa and continue using the services with normal features or opt for 2 addon plans that they have.

They provide 2 types of add on Plans:

1. Power Investor Pack
2. Ultra Trader Pack

 

5Paisa Power Investor Pack Review:

If you are someone who does not have either time to do technical or fundamental analysis or you do not have enough knowledge to do so, than 5Paisa power investor pack are best thing you can opt.

Having said that as stated above these add on plans are not compulsory at all.

 

 

Let us know the features and services under 5Paisa power investor plan :

1. Advisory recommendation for long term
2. Model Portfolio for new customers (track record of 10-15% more return than NIFTY)
3. Timely communication for BUY & SELL
4. Get extensive research on over 4000 stocks absolutely FREE

1. Short term recommendations for 2-14 days
2. Success rate 60-65%
3. Daily recommendations
4. Timely communication for BUY & SELL absolutely FREE

1. Get Market Evaluation
2. Daily Market Outlook

1. Track your Portfolio
2. Create benchmark
3. NAV of equity portfolio – a first in the industry
4. Check your buy sell decisions

So basically under power investor pack you get the best trading and investment ideas. Hence if you are trader or investor looking for short, mid or long term form of investment or trading than you can atleast give it a try for a month.

 

5Paisa Ultra Trader Pack Pack Review:

5Paisa ultra trader pack as the name suggest is basically for someone who do more of intraday trading plus investment.

 

 

Features	Benefits
Free Trades	First 100 trades FREE every month
Brokerage	Flat Rs. 10 per executed order from 101st trade for all segments
Options writing exposure	Up to 4 times on all days
Call and Trade	Free
Smart Maintenance	Free
DP Charges	Free
Net Banking Pay In Charges	Free
Smart Investor	Free
Swing Trader	Free
Portfolio Analyzer	Available

Note: 18% GST applicable on all the above mentioned charges

Also, keep in mind that subscription charges are payable either Monthly or Annually and once paid is non -refundable.

Incase you do not opt for any such add-on pack from 5paisa these features and services won’t be available for you.

Overall, the brokerage of Upstox is lower in comparison to 5Paisa. Upstox brokerage charges can be counted low as they offer free delivery trades which is not the case with 5Paisa.

Hence Upstox can be counted as winning the race in charging less brokerage from it’s customers.

👉 Join Upstox today and start your investing journey with a winning platform!
Click here to open your FREE account now

🔗 Don’t miss out—start smart, trade smarter with Upstox!

 

Upstox Vs 5Paisa Account Opening Charges:

The account opening charges at upstox depends on the plans you take.

For Retail Clients:

Demat and Trading account – Account Opening Charges are Rs. 199

Keep in mind this charges are only a one time fee for opening the account.

There will be a monthly maintenance charge of Rs 25 (excluding GST), which will be charged at the end of every month.

The AMC charges will be debited from your Trading a/c.

However, for a limited time you can

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

 

If we talk about 5Paisa, Demat and trading account they charges Rs.299 for account opening.

However if you want to take benefit of premium service in other two subscription, Power investor Plan, ultra trader Plan you can try them on monthly basis as well.

5Paisa Demat account charges depends on holding value in demat account, for example if the holding value of stocks turn out to be less than Rs.50,000 there are no AMC, where as above Rs.50,000 and less than Rs. 2lacs it is Rs.8 per month and above Rs.2 lacs the AMC will be charged Rs.25 per month.

 

Upstox Vs 5Paisa Account Opening Process Online:

The account opening process is online and it’s very seamless and smooth. Here is what you need to do:

To open an account with Upstox online, you can sign up using your mobile number on their website

Similarly, To open an A/c online with 5Paisa, go to website and first enter your mobile number.

You will receive an OTP to your number and you can get started with the process.

You will be required to enter your PAN, Bank account details and personal details to continue with the sign-up.

Once you sign up you need to upload certain documents listed below:

1. Your PAN card

2. Your Aadhaar

3. To complete the e Sign process, you will have to authenticate it with an OTP. So, make sure you have the number linked to your Aadhaar handy. If not, you will not be able to complete the process. If the number linked to your Aadhaar is inactive, or if you don’t have any number linked, then you can visit your nearest Aadhaar Seva Kendra to get it updated.

4. A photo or scanned copy of your signature proof will be required to be uploaded.

6. Income proof –
It is mandatory to submit income proof if you wish to trade in Futures and options – Equity, Commodity, and Currency.  You can submit one of the below documents.

1. Form-16
2. Income tax returns acknowledgment
3. 6-month Bank statement
4. Latest salary slip
5. Demat holding statement, or
6. A CA certifying your net worth

Note: The documents mentioned are for a Resident Individual Account.

 

Upstox Vs 5Paisa Trading Platform Comparison:

The most important part of any trading platform is the tools and resources it has to technical analysis. Upstox and 5Paisa both has all the indicators and types of chart required to make it possible.

 

 

Whether you want to use:

MACD indicator

Bollinger Bands indicator

RSI indicator

Volume Indicator

Support and Resistance indicator

Different Candlestick patterns etc. you name the indicator and it will be there, so all in all Upstox and ICICI Direct has everything what is needed for a hassle-free trading platform. You can add- withdraw funds directly, create or back-test trading strategies and lot more.

The reason I am not involving all the features of different trading platform, because unnecessary post will be long, however you can read them in detail if you want here for Upstox trading platform for 5Paisa trading platform.

Having said that Upstox trading platform offers much better user interface as well as they have many other services integrated within the platform such as Sensibull, smallcase, tickertape, etc.

Whereas recently 5Paisa have also signed up with Sensibull, for option trading strategies moreover they have their own fundamental research team to guide you while making investments.

Overall, if you see Upstox trading platform is much better than 5Paisa in comparison.

 

 

 

Upstox Vs 5Paisa Other Services Comparison:

In this section you can see the comparison regarding all the various services offered by Upstox Vs 5Paisa at one place.

 

 

Keep in mind the stock recommendation, market reports, fundamental reports are paid services at 5Paisa.

 

My Opinion On Upstox Vs 5Paisa:

I hope you have now thoroughly understood most of the services offered by Upstox an5Paisa, if you ask me in Upstox vs 5Paisa who is better?

Upstox is better option as an stockbroker in comparison to 5Paisa as it has made its place in the Indian stock broker industry with their fast and efficient trading platforms, sophisticated charting software’s combined with speed and reliability as well ease of opening the account online paperless.

The charges and brokerages are very much reasonable in comparison to 5paisa, if you are thinking of opening a trading/demat/mutual fund combined account, than do not put any second thought.

If I have to rate upstox overall as an leading discount broker I will give it 9.4 out of 10

If I have to rate the 5Paisa in comparison with Upstox, I will give 8.7 out of 10.

Upstox is the best choice as it is no longer just a low-cost broker—it’s evolved into a smart, trader-focused ecosystem. Whether you’re a beginner, swing trader, or options expert, it offers tools that grow with you.

If you’re tired of minimal tools or outdated workflows, Upstox gives you the perfect edge in the fast-moving world of Indian stock markets.

Upstox is much better than 5Paisa If we do a overall comparison of various charges, features hence I would advise anyone to go with upstox and avoid 5Paisa any day.

and if you’re serious about trading—especially in derivatives, intraday, or using market tools—Upstox is clearly the better platform.

It offers a perfect balance of affordability, functionality, and professional-grade tools that 5Paisa lacks.

So, if you are more of a trader making intraday trades on daily basis and looking for investing and trading in other segments than you should go with Upstox without any doubt.

👉 Ready to switch or start fresh? Click here to open your free Upstox account now and experience the next generation of trading!

🎯 Open Your Free Demat + Trading Account in Just 5 Minutes!

✅ 100% Online | ⏱ Quick Setup | 💰 ₹0 Opening Fee

 

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Here is the list of things as a beginner you should know, if you are thinking for doing intraday trading.

A brief understanding of

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Learn about the basics of candlestick chart patterns and how to use them for intraday trading and investing. You should also learn about the best moving averages to use for better trading result.

Checkout Mastering Intraday Trading: A Beginner’s Guide to Profitable Strategies in the Indian Stock Market

If you are a beginner in trading and investing, please read this amazing guide on How stock market works in India?

Learn the basics of option trading step by step here.

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Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.