5Paisa Review 2026
About 5Paisa
5Paisa Capital is a listed discount brokerage backed by IIFL Finance. The company differentiates itself through an integrated financial services offering combining trading, mutual funds, insurance, robo advisory, and P2P lending. Listed on BSE since 2017, 5Paisa brings public company governance to the discount brokerage space. The company targets value-conscious investors with a comprehensive ₹299/year plan.
5Paisa — Pros & Cons
Pros
- Listed company on BSE — regulatory transparency
- Affordable flat fee across all segments
- Robo advisory for passive investors
- Integrated insurance and P2P products
- Good research reports for subscribers
Cons
- Delivery trades not free — ₹20 per trade
- Customer service needs improvement
- Platform feels dated compared to Zerodha and Groww
- Lower brand trust compared to top players
IPOGenie's 5Paisa Review
5Paisa is a solid choice for investors seeking an integrated financial services platform at competitive pricing. The robo advisory feature adds genuine value for passive investors. However, it falls short of Zerodha, Upstox, and Angel One on platform quality and delivery brokerage pricing. Suitable for investors who want comprehensive financial services bundled with their brokerage account. Rating: 3.9/5 — Good option.
5Paisa Brokerage Charges 2026
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹20 per order |
| Equity Intraday | ₹20 per order |
| Equity F&O | ₹20 per executed order |
| Mutual Funds | Zero (Direct) |
| Account Opening | Free |
| Annual Maintenance (Demat) | ₹299/year |