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5paisa Vs Fyers: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Fyers Max Rs 20 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for 5paisa is 5,49,047 where number of active customer for Fyers is 2,22,798. 5paisa is serving more customer compare to Fyers.

Here we present side-by-side comparison of 5paisa vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Fyers's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Fyers on Service

  5paisa Compare
5paisa
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 5,49,047 2,22,798
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from 5paisa Request call back from Fyers
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Account Opening Charges and AMC

Compare 5paisa vs Fyers on Trading & Demat Account Opening Charges

Comparison of 5paisa with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Fyers
Charges 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
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About Brokerage Plans

Compare 5paisa vs Fyers on Plan Options

Plans are the most important feature you look when compare 5paisa with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Fyers doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Fyers on Plan Options
Plan Types 5paisa Fyers
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Fyers
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Fyers on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare 5paisa with Fyers
Brokerage Charges Compare 5paisa Fyers
Plan Name Basic Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 20 Free
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 Per Order
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare 5paisa vs Fyers on Transaction Charges

Compare 5paisa with Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Fyers
Transaction Charges Compare 5paisa Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for fyers
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Account Features

Compare 5paisa vs Fyers on Account Features

Compare 5paisa with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with Fyers
Account Features Compare 5paisa Fyers
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
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 No
Other Features NIL Fyers 30 Day Challenge
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Trading Platform

Compare 5paisa vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Fyers
Trading Platform Compare 5paisa Fyers
Desktop Trading Platform 5paisaTradeStation Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Fyers 2.0 Mobile App
Mobile Trading App Demo 5paisa Mobile App Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Fyers 2.0 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 Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare 5paisa vs Fyers on User Rating

  5paisa Fyers
  27 Customer Reviews    Rate 5paisa 10 Customer Reviews    Rate Fyers
Fees Ratings 3.1 3.5
Trading Brokerage Rating 3.9 3.6
Trading Platform Usability 3.3 3.6
Customer Service Ratings 2.7 3.4
Overall Ratings 3.2 3.2
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare 5paisa vs Fyers on Investment Offerings

Compare 5paisa with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Fyers
Investment Offerings Compare 5paisa Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Fyers on Order Types

Order Type - Compare 5paisa with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Fyers
Order Type Compare 5paisa Fyers
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs Fyers on Customer Service

Compare 5paisa with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Fyers
Customer Service Compare 5paisa Fyers
24/7 Customer Service 5paisa vs Fyers - 24x7 customer support No No
Email Support 5paisa vs Fyers - Email Support Yes Yes
Onine Live Chat 5paisa vs Fyers - Onine Live Chat No No
Phone Support 5paisa vs Fyers - Phone Support Yes Yes
Toll Free Number 5paisa vs Fyers - Toll Free Number No No
Through Branches 5paisa vs Fyers - Through Branches No No
Customer Care Number 5paisa vs Fyers - Customer Care Number +91 89766 89766 08060001111
Account Opening Process 5paisa vs Fyers - Account Opening Process Online/Paperless 100% online and paperless proc
Customer Support Email 5paisa vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Fyers - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://fyers.in/school-of-stocks/
Head Office Address 5paisa vs Fyers - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website 5paisa vs Fyers - Company Website https://www.5paisa.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare 5paisa vs Fyers on Research Reports, Tips

Compare 5paisa with Fyers on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Fyers
  5paisa Fyers
Research Mutual Funds 5paisa vs Fyers - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs Fyers - Research Equity Reports Yes No
Research ETF 5paisa vs Fyers - Research ETF No No
Daily Market Report 5paisa vs Fyers - Daily Market Report Yes No
Free Tips 5paisa vs Fyers - Free Tips Yes No
Quarterly Result Analysis 5paisa vs Fyers - Quarterly Results No No
News Alerts 5paisa vs Fyers - Yes Yes
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Demat Account

Compare 5paisa vs Fyers on Demat Account

Compare 5paisa with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for 5paisa is ₹300 pa. Fyers is a better choice in terms of Demat AMC compare to 5paisa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

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.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Fyers
  5paisa Fyers
DP Source CDSL CDSL
DP ID 5paisa vs Fyers - DP ID 82500 432-2019
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,
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Fyers on Special Offers and Promotion

Compare 5paisa with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Fyers on Special Offers and Promotion
  5paisa Fyers
Pay In and Pay Out Options 5paisa vs Fyers - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time 5paisa vs Fyers - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges 5paisa vs Fyers - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks 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 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
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

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
Enquiry Open 5paisa Account Now>> Open Fyers Account Now>>

Last Updated on 2024-01-11T04:15:59+00:00