ResourceIPO
5paisa Vs TradeSmart Vs Paytm Money: Which one is better?
Last updated August 22, 2026
This IPO News reference page covers “5paisa Vs TradeSmart Vs Paytm Money: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare 5paisa vs tradesmart vs paytm money on service, account opening charges and amc, compare 5paisa vs tradesmart vs paytm money on trading & demat account opening charges, about brokerage plans. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Compare Stock Brokers Side-by-Side
- Compare 5paisa vs TradeSmart vs Paytm Money on Service
- Account Opening Charges and AMC
- Compare 5paisa vs TradeSmart vs Paytm Money on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare 5paisa vs TradeSmart vs Paytm Money on Plan Options
- Account Opening
- Share Broker's Transaction Charges
- Compare 5paisa vs TradeSmart vs Paytm Money on Transaction Charges
- Account Features
- Compare 5paisa vs TradeSmart vs Paytm Money on Account Features
- Trading Platform
- Compare 5paisa vs TradeSmart vs Paytm Money on Trading Platform
- Broker Ratings by Users
- Compare 5paisa vs TradeSmart vs Paytm Money on User Rating
- Investment Offerings
- Compare 5paisa vs TradeSmart vs Paytm Money on Investment Offerings
- Margin Trading Facility
- Compare 5paisa vs TradeSmart vs Paytm Money on MTF
- API
- Compare 5paisa vs TradeSmart vs Paytm Money on API Details
- Customer Service Offered
- Compare 5paisa vs TradeSmart vs Paytm Money on Customer Service
- Tips/Research/Reports Published
- Compare 5paisa vs TradeSmart vs Paytm Money on Research Reports, Tips
- Demat Account
- Compare 5paisa vs TradeSmart vs Paytm Money on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare 5paisa vs TradeSmart vs Paytm Money on Special Offers and Promotion
- Ready to start trading?
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Lowest brokerage: Trade at 15 flat brokerage fees.
- Online Direct mutual fund investment at Rs.0 brokerage.
- 100% paperless KYC process
- Transparent pricing model of Rs 20 brokerage
- No 3-in-1 account opening facility.
- Does not offer Rs 0 brokerage unlimited monthly trading plans.
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007%
- Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
5paisa |
TradeSmart |
Paytm Money |
| Trading Account Opening Fees |
Free |
Free |
Free |
| Trading AMC |
Free |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
Free |
| Demat AMC |
Rs 300 PA |
Rs 300 PA (Free for 1st year) |
Free |
| Provide DP Service |
Yes |
Yes |
Yes |
| Plan Types |
5paisa |
TradeSmart |
Paytm Money |
| Multiple Plans |
No |
Yes |
No |
| Monthly Plans |
No |
No |
No |
| Yearly Plans |
No |
No |
No |
|
5paisa |
TradeSmart |
Paytm Money |
| Account Opening Request |
Link to open account |
|
|
| Transaction Charges Compare |
5paisa |
TradeSmart |
Paytm Money |
| Equity Delivery |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Intraday |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
NSE:297 | BSE:375 Per Cr |
| Equity Futures |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
NSE:173 | BSE:0 Per Cr |
| Equity Options |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
NSE:3503 | BSE:3250 Per Cr on premium |
| Currency Futures |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
NSE:35 | BSE:45 Per Cr |
| Currency Options |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
NSE:3110 | BSE:100 Per Cr |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for 5paisa |
Complete Brokerage Plans for trade-smart-online |
Complete Brokerage Plans for paytm-money |
| Account Features Compare |
5paisa |
TradeSmart |
Paytm Money |
| 3 in 1 Account |
No |
No |
No |
| Charting |
Yes |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
No |
| SMS Alerts |
Yes |
No |
No |
| Online Demo |
Yes |
Yes |
No |
| Online Portfolio |
Yes |
No |
Yes |
| Margin Trading Funding Available |
Yes |
No |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
No |
| Intraday Square-off Time |
3:15 PM |
3:15PM |
3:10 PM |
| NRI Trading |
No |
No |
No |
| Other Features |
NIL |
NIL |
NIL |
| Trading Platform Compare |
5paisa |
TradeSmart |
Paytm Money |
| Web Trading Platform |
Yes |
Yes |
Yes |
| Web Trading Detail |
https://login.5paisa.com/ |
https://web.tradesmartonline.in/login |
Paytm Money Web |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
Yes |
| Mobile Trading App |
5paisa Mobile App |
TradeSmart 2.0 |
Paytm Money App |
| Mobile Trading App Demo |
5paisa Mobile App |
TradeSmart 2.0 |
Paytm Money App |
| Android Mobile App |
Yes |
Yes |
Yes |
| Android App Download |
Android 5paisa Mobile App Download |
Android TradeSmart 2.0 Download |
Android Paytm Money App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
Yes |
| iOS App Download |
iOS 5paisa Mobile App Download |
iOS TradeSmart 2.0 Download |
iOS Paytm Money App Download |
| Android Tablet App |
Yes |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
Rs. 30 per month |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for 5paisa |
Equity Intraday and Delivery Brokerage Calculator for TradeSmart |
Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for 5paisa |
Futures Brokerage Calculator for TradeSmart |
Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator |
Option Brokerage Calculator for 5paisa |
Option Brokerage Calculator for TradeSmart |
Option Brokerage Calculator for Paytm Money |
| Detail |
Detail on Trading Platforms for 5paisa |
Detail on Trading Platforms for TradeSmart |
Detail on Trading Platforms for Paytm Money |
|
5paisa |
TradeSmart |
Paytm Money |
|
28 Customer reviews Rate |
35 Customer reviews Rate |
20 Customer reviews Rate |
| Fees Ratings |
3.2 |
3.8 |
1.0 |
| Trading Brokerage Rating |
3.9 |
4.3 |
1.3 |
| Trading Platform Usability |
3.4 |
3.7 |
1.0 |
| Customer Service Ratings |
2.8 |
4.0 |
0.8 |
| Overall Rating |
3.2 |
3.9 |
0.9 |
| Broker Rating |
5paisa is Rated 3.2 / 5 based on 28 customer reviews |
TradeSmart is Rated 3.9 / 5 based on 35 customer reviews |
Paytm Money is Rated 0.95 / 5 based on 20 customer reviews |
| Investment Offerings Compare |
5paisa |
TradeSmart |
Paytm Money |
| Equity Cash and F&O |
Yes |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
No |
| Commodity |
Yes |
Yes |
No |
| Online IPO Application |
Yes |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
Yes |
| Bonds / NCD |
Yes |
Yes |
No |
| ETF |
Yes |
Yes |
Yes |
| Banking |
No |
No |
No |
| Insurance |
Yes |
No |
Yes |
| Forex |
No |
No |
No |
| MF SIP Investment |
Yes |
Yes |
Yes |
| Equity SIP Investment |
Yes |
No |
Yes |
| PMS Service |
No |
No |
No |
| Other Investment Options |
Smallcase, US stocks |
NIL |
|
| MTF Compare |
5paisa |
TradeSmart |
Paytm Money |
| MTF Leverage |
Up to 4x leverage on 1500+ stocks |
Up to 4x leverage |
Up to 4X buying power on 1200+ stocks |
| MTF Interest Rate |
0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates |
0.049% per day |
7.99% – 9.99% per annum |
| MTF Segment |
Equity Delivery (NSE and BSE) |
Equity Delivery |
Equity Delivery |
| MTF Pledge Charges |
₹25 per scrip |
₹12 per scrip |
₹20 per ISIN |
| MTF Unpledged Charges |
₹25 per scrip |
₹12 per scrip |
₹20 per ISIN |
| Maximum MTF Funding |
NA |
₹50 Lakh per account |
Up to ₹5 crore |
| API Compare |
5paisa |
TradeSmart |
Paytm Money |
| API Type |
Trading API (Order management, Market Data, and portfolio API) Market Data API |
Trading API Market Data API WebSocket API Webhook API Advanced order API |
Trading API Live Market Data API |
| API Charges |
Free |
Free |
Free |
| Customer Service Compare |
5paisa |
TradeSmart |
Paytm Money |
| 24/7 Customer Service |
No |
No |
No |
| Email Support |
Yes |
Yes |
Yes |
| Online Live Chat |
No |
Yes |
No |
| Phone Support |
Yes |
Yes |
No |
| Toll Free Number |
No |
No |
No |
| Through Branches |
No |
No |
No |
| Customer Care Number |
+91 89766 89766 |
022 61208000 |
NA |
| Account Opening Process |
Online/Paperless |
Online/Paperless |
Online/Paperless |
| Customer Support Email |
[email protected] |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.5paisa.com/knowledge-centre |
https://help.tradesmartonline.in/ |
https://www.paytmmoney.com/care |
| Head Office Address |
5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 |
Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru – 560034 |
| Website |
https://www.5paisa.com/ |
https://tradesmartonline.in/ |
https://www.paytmmoney.com/ |
|
5paisa |
TradeSmart |
Paytm Money |
| Research Mutual Funds |
Yes |
No |
No |
| Research Equity Reports |
Yes |
No |
No |
| Research ETF |
No |
No |
No |
| Daily Market Report |
Yes |
No |
No |
| Free Tips |
Yes |
No |
No |
| Quarterly Result Analysis |
No |
No |
No |
| News Alerts |
Yes |
No |
No |
|
5paisa |
TradeSmart |
Paytm Money |
| DP Source |
CDSL |
CDSL |
CDSL |
| DP ID |
82500 |
30400 |
88800 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa |
₹300 pa (1st Year Free) |
Zero |
| Advance Deposit |
NIL |
NIL |
Nil |
| Statutory charges |
Nil |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹12.50 per ISIN |
₹15 |
₹10 per ISIN |
| Demat |
₹15 per certificate |
₹500 per certificate (Min ₹500 per request) |
₹250 per 100 shares |
| Remat |
₹15 for every hundred securities or ₹15 per certificate whichever is higher |
₹500 per certificate (Min ₹500 per request) |
₹250 per 100 shares |
| Pledge Creation |
₹12.50 per script |
₹15 per script |
₹32 per ISIN |
| Pledge Creation Confirmation |
NIL |
Nil |
Nil |
| Pledge Closure |
₹12.50 per script |
₹15 per script |
₹32 per ISIN |
| Pledge Closure Confirmation |
NIL |
Nil |
Nil |
| Pledge Invocation |
NIL |
Nil |
₹32 per ISIN |
| Failed Instruction Charges |
Nil |
Nil |
Nil |
| Other Charges |
Nil |
Nil |
Nil |
|
5paisa |
TradeSmart |
Paytm Money |
| Likes |
Cost-effective trading services (Rs 20/order) with free account opening 5paisa all-in-one account to trade and/or invest in stocks, derivatives, commodity, currency, IPO, NCD, and mutual funds. Free of cost trading platform No minimum balance required in 5paisa trading account Rs 0 platform fee to access FnO 360 platform 5paisa advanced platforms offer technical and fundamental research for free. Daily long/short-term investment calls from experts Margin Trading Facility Robo Advisory Services Advanced orders like basket order, VTT, bracket and cover order, etc. Detail Review… |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading? Trade in stocks, derivatives, currencies, and commodities. Lowest brokerage: Trade at 15 flat brokerage fees. Multiple trading platforms:TradeSmart Mobile App, Desktop and web. Super-efficient Trade Smart Box integrated back office portal. Tradetron Algo Trading with TradeSmart. No minimum balance is required. Instant UPI fund transfer. Free of cost Swing API. Apply for IPOs online using UPI. Online Direct mutual fund investment at Rs.0 brokerage. Online brokerage calculator to calculate trading cost upfront. TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts. Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO). Margin against shares (MAS) in your Demat account. No Hidden charges. Detail Review… |
100% paperless KYC process No annual maintenance charges on Demat Account Free account opening at no cost Brokerage-free investment in direct mutual funds Transparent pricing model of Rs 20 brokerage One-tap investment in IPO User-friendly platforms with ease of investment Swift and secure UPI payment Bracket order, cover order, GTT order, and OCO order Detail Review… |
| Dislikes |
Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. NRIs cannot open a Demat and Trading account at Trade smart. It does not provide trading tips, research, and portfolio management services. Detail Review… |
No commodity and currency trading Does not offer NRI trading No 3-in-1 account opening facility. Does not offer Rs 0 brokerage unlimited monthly trading plans. Delivery trading is not free No trading terminal offered No branch or customer support High call & trade charge Detail Review… |
| Special Offers/Promo |
🟠 Current Promotion from 5paisa for InvestorGain Visitors: 💰 Flat ₹20 Brokerage per Trade 🌱 Free Direct Mutual Fund Investments 📊 Advanced Trading Platforms, Research & Advisory 🚀 Open Instant 5paisa Account Now! |
🔴 Current Promotion from TradeSmart for InvestorGain Visitors: 🆓 Free Account Opening 📭 Zero Demat AMC for the 1st Year 💹 Lowest Brokerage – Flat ₹15 per Order or 0.007% 🚀 Open Instant TradeSmart Account |
Max Rs. 20 per order brokerage on intraday, delivery, and equity derivatives trading Lifetime Zero Demat AMC A/c Free direct mutual fund investment Open Instant Paytm Money Account Now! |
|
Open 5paisa Account Now |
|
|
Source record: View original public source ↗
