ResourceStock Brokers
5paisa Vs Fyers: Which one is better?
Last updated August 25, 2026
This IPO News reference page covers “5paisa Vs Fyers: Which one is better?”. The page is organized around compare stock brokers side-by-side, compare 5paisa vs fyers on service, account opening charges and amc, compare 5paisa vs fyers 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 Fyers on Service
- Account Opening Charges and AMC
- Compare 5paisa vs Fyers on Trading & Demat Account Opening Charges
- About Brokerage Plans
- Compare 5paisa vs Fyers on Plan Options
- Account Opening
- Brokerage Charges
- Compare 5paisa vs Fyers on Transaction Charges
- Share Broker's Transaction Charges
- Account Features
- Compare 5paisa vs Fyers on Account Features
- Trading Platform
- Compare 5paisa vs Fyers on Trading Platform
- Broker Ratings by Users
- Compare 5paisa vs Fyers on User Rating
- Investment Offerings
- Compare 5paisa vs Fyers on Investment Offerings
- Margin Trading Facility
- Compare 5paisa vs Fyers on MTF
- API
- Compare 5paisa vs Fyers on API Details
- Customer Service Offered
- Compare 5paisa vs Fyers on Customer Service
- Tips/Research/Reports Published
- Compare 5paisa vs Fyers on Research Reports, Tips
- Demat Account
- Compare 5paisa vs Fyers on Demat Account
- Special Offers, Advantages, Disadvantages
- Compare 5paisa vs Fyers on Special Offers and Promotion
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.
- Fyers Brokerage Plan detail – Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
- Fyers Securities offers Free AMC for Demat account where 5paisa Capital Ltd charges Rs 300 PA AMC for Demat account.
- Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.
- Cost-effective trading services (Rs 20/order) with free account opening
- Rs 0 platform fee to access FnO 360 platform
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- No 3-in-1 account offering
- 💰 Flat ₹20 Brokerage per Trade
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- Last Updated on Wed, May 20, 2026
Data Tables
| Segment |
5paisa |
Fyers |
| Trading Account Opening Fees |
Free |
Free |
| Trading AMC |
Free |
Free |
| Demat Account Opening Fees |
Free |
Free |
| Demat AMC |
Rs 300 PA |
Free |
| Provide DP Service |
Yes |
Yes |
| Plan Types |
5paisa |
Fyers |
| Multiple Plans |
No |
Yes |
| Monthly Plans |
No |
No |
| Yearly Plans |
No |
No |
|
5paisa |
Fyers |
| Account Opening Request |
Open 5paisa Account |
Open Fyers Account |
| Brokerage Charges Compare |
5paisa |
Fyers |
| Plan Name |
Rs 20 Plan |
Max Rs 20 Per Order Trading Plan |
| Equity Delivery |
Flat Fee Rs 20 |
0.30% or Rs 20 |
| Equity Intraday |
Flat Fee Rs 20 |
0.03% or Rs 20 |
| Equity Futures |
Flat Fee Rs 20 |
0.03% or Rs 20 |
| Equity Options |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Currency Futures |
Flat Fee Rs 20 |
0.03% or Rs 20 |
| Currency Options |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Commodity Trading |
Flat Fee Rs 20 |
Flat Fee Rs 20 |
| Minimum Brokerage |
NA |
|
| Hidden Charges |
No |
No |
| Call & Trade Charges |
Rs 20 per order |
Rs 50 Per Order |
| Auto Square off Charges |
Rs 20 per order |
Rs 50 Per Order |
| Brokerage Calculator |
Brokerage Calculator for 5paisa |
Brokerage Calculator for Fyers |
| Transaction Charges Compare |
5paisa |
Fyers |
| Equity Delivery |
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 |
| Equity Futures |
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 |
| Currency Futures |
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 |
| Commodity |
MCX: 4180| NSE: 100 Per Cr |
MCX: 4180| NSE: 100 Per Cr |
| Brokerage Charges |
Complete Brokerage Plans for 5paisa |
Complete Brokerage Plans for fyers |
| Account Features Compare |
5paisa |
Fyers |
| 3 in 1 Account |
No |
No |
| Charting |
Yes |
Yes |
| Algo Trading |
Yes |
Yes |
| SMS Alerts |
Yes |
No |
| Online Demo |
Yes |
Yes |
| Online Portfolio |
Yes |
No |
| Margin Trading Funding Available |
Yes |
No |
| Combined Ledger for Equity and Commodity |
Yes |
Yes |
| Intraday Square-off Time |
3:15 PM |
3:15 PM |
| NRI Trading |
No |
Yes |
| Other Features |
NIL |
Fyers 30 Day Challenge |
| Trading Platform Compare |
5paisa |
Fyers |
| Web Trading Platform |
Yes |
Yes |
| Web Trading Detail |
https://login.5paisa.com/ |
Fyers Web |
| Web Trading Demo |
Web Trading Demo |
Web Trading Demo |
| Mobile Trading |
Yes |
Yes |
| Mobile Trading App |
5paisa Mobile App |
Fyers Mobile App |
| Mobile Trading App Demo |
5paisa Mobile App |
Fyers Mobile App |
| Android Mobile App |
Yes |
Yes |
| Android App Download |
Android 5paisa Mobile App Download |
Android Fyers Mobile App Download |
| iPhone Mobile App (IOS) |
Yes |
Yes |
| iOS App Download |
iOS 5paisa Mobile App Download |
iOS Fyers Mobile App Download |
| Android Tablet App |
Yes |
Yes |
| iPad App (IOS) |
Yes |
Yes |
| Trading Software Charges |
Free |
Free |
| Equity Brokerage Calculator |
Equity Intraday and Delivery Brokerage Calculator for 5paisa |
Equity Intraday and Delivery Brokerage Calculator for Fyers |
| Futures Brokerage Calculator |
Futures Brokerage Calculator for 5paisa |
Futures Brokerage Calculator for Fyers |
| Options Brokerage Calculator |
Option Brokerage Calculator for 5paisa |
Option Brokerage Calculator for Fyers |
| Detail |
Detail on Trading Platforms for 5paisa |
Detail on Trading Platforms for Fyers |
|
5paisa |
Fyers |
|
28 Customer reviews Rate |
11 Customer reviews Rate |
| Fees Ratings |
3.2 |
3.5 |
| Trading Brokerage Rating |
3.9 |
3.6 |
| Trading Platform Usability |
3.4 |
3.5 |
| Customer Service Ratings |
2.8 |
3.5 |
| Overall Rating |
3.2 |
3.2 |
| Broker Rating |
5paisa is Rated 3.2 / 5 based on 28 customer reviews |
Fyers is Rated 3.2 / 5 based on 11 customer reviews |
| Investment Offerings Compare |
5paisa |
Fyers |
| Equity Cash and F&O |
Yes |
Yes |
| Currency Derivatives |
Yes |
Yes |
| Commodity |
Yes |
Yes |
| Online IPO Application |
Yes |
Yes |
| Mutual Funds |
Yes |
Yes |
| Bonds / NCD |
Yes |
No |
| ETF |
Yes |
Yes |
| Banking |
No |
No |
| Insurance |
Yes |
No |
| Forex |
No |
No |
| MF SIP Investment |
Yes |
Yes |
| Equity SIP Investment |
Yes |
No |
| PMS Service |
No |
No |
| Other Investment Options |
Smallcase, US stocks |
NIL |
| MTF Compare |
5paisa |
Fyers |
| MTF Leverage |
Up to 4x leverage on 1500+ stocks |
Up to 4x leverage on 1600+ stocks |
| MTF Interest Rate |
0.026% – 0.042% per day (9.50%-15.50% per annum) Slab-based MTF Interest rates |
12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
| MTF Segment |
Equity Delivery (NSE and BSE) |
Equity Delivery |
| MTF Pledge Charges |
₹25 per scrip |
₹12 per stock |
| MTF Unpledged Charges |
₹25 per scrip |
₹12 per stock |
| Maximum MTF Funding |
NA |
Upto ₹50 Lakh per account |
| API Compare |
5paisa |
Fyers |
| API Type |
Trading API (Order management, Market Data, and portfolio API) Market Data API |
Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
| API Charges |
Free |
Free |
| Customer Service Compare |
5paisa |
Fyers |
| 24/7 Customer Service |
No |
No |
| Email Support |
Yes |
Yes |
| Online Live Chat |
No |
No |
| Phone Support |
Yes |
Yes |
| Toll Free Number |
No |
No |
| Through Branches |
No |
No |
| Customer Care Number |
+91 89766 89766 |
08060001111 |
| Account Opening Process |
Online/Paperless |
100% online and paperless proc |
| Customer Support Email |
[email protected] |
[email protected] |
| Knowledge Center/Education |
https://www.5paisa.com/knowledge-centre |
https://fyers.in/school-of-stocks/ |
| Head Office Address |
5paisa headquaterSun Infotech Park, Road No.16V, Plot No.B-23 ThaneIndustrial Area, Wagle Estate,Thane – 400604 |
Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar,Bangalore – 560009 |
| Website |
https://www.5paisa.com/ |
https://fyers.in/ |
|
5paisa |
Fyers |
| Research Mutual Funds |
Yes |
No |
| Research Equity Reports |
Yes |
No |
| Research ETF |
No |
No |
| Daily Market Report |
Yes |
No |
| Free Tips |
Yes |
No |
| Quarterly Result Analysis |
No |
No |
| News Alerts |
Yes |
Yes |
|
5paisa |
Fyers |
| DP Source |
CDSL |
CDSL |
| DP ID |
82500 |
89400 |
| Demat Account Annual Maintenance Charges(AMC) |
₹300 pa |
Free |
| Advance Deposit |
NIL |
Nil |
| Statutory charges |
Nil |
Nil |
| Transaction Charges on Debit (Per ISIN) |
₹12.50 per ISIN |
₹7 + ₹5.50 (CDSL Charges) per transaction |
| Demat |
₹15 per certificate |
₹0 |
| Remat |
₹15 for every hundred securities or ₹15 per certificate whichever is higher |
₹0 |
| Pledge Creation |
₹12.50 per script |
Nil |
| Pledge Creation Confirmation |
NIL |
Nil |
| Pledge Closure |
₹12.50 per script |
Nil |
| Pledge Closure Confirmation |
NIL |
Nil |
| Pledge Invocation |
NIL |
Nil |
| Failed Instruction Charges |
Nil |
Nil |
| Other Charges |
Nil |
Stamp Charges ₹50, |
|
5paisa |
Fyers |
| 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… |
Trade on BSE, NSE, and MCX Free IPO and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert expert-curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. Detail Review… |
| Dislikes |
Delivery trading is not free in 5paisa. Best NRI brokers 5paisa does not have zero brokerage unlimited trading plans. Detail Review… |
No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free 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 Offer from Fyers for InvestorGain Visitors: 🆓 Lifetime “ZERO” Demat AMC Account 🌱 Free Direct Mutual Funds & IPO Investment 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency 🚀 Open Instant Fyers Account Now! |
| Enquiry |
Open 5paisa Account Now |
Open Fyers Account Now |
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