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5paisa vs m,Stock (Compare 5paisa and m,Stock)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between 5paisa vs m,Stock, Below comparison of 5paisa vs m,Stock highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of 5paisa vs m,Stock is given below:

5paisa

Open Account

m,Stock

	5paisa	m,Stock

About The Brokers

5paisa :

"Low Brokerage, decent trading platforms, provision of tips & recommendation makes 5 Paisa a player who offers more than the value for money services to his customers. >>> more

m,Stock :

mStock is the most credible new entrant in Indian discount broking — Mirae Asset's $600B global AUM and established Indian MF track recor >>> more

Find More Information about the Broker :

5paisa :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

m,Stock :

OVERVIEW

Type of Broker

5paisa :

Discount Broker

m,Stock :

Discount Broker

Promo/offers

5paisa :

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

m,Stock :

N/A

Advantage

5paisa :

✔ What 5paisa Does Well

✓	Robo Advisory built-in — automated portfolio recommendations in-app
✓	First listed discount broker in India — public accountability
✓	IIFL parentage — 25+ years institutional broking infrastructure
✓	FnO 360 — best-in-class F&O platform with 16+ live Greeks
✓	Flexible plans: ₹10/order at ₹499/mo; ₹0 delivery at ₹999/mo
✓	Both direct and regular mutual fund plans
✓	Up to 4x MTF leverage
✓	Personal loans available via IIFL group
✓	Insurance products integrated in one platform
✓	FinSchool — structured courses on equity, MF, F&O, technical analysis
✓	One-tap rollover for futures positions

m,Stock :

✔ What mStock Does Well

✓	₹5/order F&O & intraday — 4x cheaper than ₹20 standard; matches Shoonya
✓	₹1,299 one-time for lifetime zero operating charges — pay once, trade free forever
✓	₹0 Call & Trade — phone orders completely free
✓	₹0 pledge creation charges
✓	MTF from 6.99% p.a. (up to 80% funding, 1,100+ stocks, unlimited holding)
✓	Mirae Asset parent ($600B+ AUM, 15+ markets) — institutional credibility
✓	GTT orders, basket orders, TradingView charts (F&O)
✓	Free trading API
✓	MIRA virtual assistant for support and onboarding
✓	MF (3,500+ direct schemes), IPO, ETF available

Disadvantage

5paisa :

✘ Where 5paisa Falls Short

✗	₹300/yr AMC — Groww is ₹0 for life
✗	₹10/order MF charge on Optimum plan — others are free
✗	NRI accounts NOT available
✗	Smallest active client base of the top 5 brokers (~3.85L)
✗	Research only on paid plans — not free on Optimum
✗	Call & Trade: ₹20/call on Optimum (higher than peers)
✗	No GTT (Good Till Triggered) orders
✗	App interface less polished than Groww or Zerodha
✗	Customer support response times consistently flagged
✗	No US stocks, no digital gold via Groww-style

m,Stock :

✘ Where mStock Falls Short

✗	App and web portal freeze/hang issues reported frequently — reliability concerns
✗	Customer support delays reported
✗	No NRI accounts
✗	Quarterly AMC ₹219 if you don't pay ₹1,299 upfront (Shoonya ₹0 always)
✗	Auto square-off: ₹100+GST per order — high
✗	Unpledge charges: ₹32 per request (pledge creation is free)
✗	Relatively new (2022) — less platform maturity than Zerodha/Angel One
✗	No relationship manager

Why This

5paisa :

It is one of the renowned stockbrokers who provide broking service to its clients at a nominal rate.
5 Paisa offers broking service, opportunity to invest in mutual funds, insurance facility, and various other financial products to diversify your portfolio.
All trading platform of 5 paisa.com has an excellent user interface.
High-quality investment advice from an experienced research team is leveraging from the parent stock broking company India Infoline."

m,Stock :

Open Account

5paisa vs m,Stock Account Opening & AMC Charges

5paisa Trading Account Opening Fee is Rs 0 (Free) and - . 5paisa Demat Account AMC is Rs 300 and - .

	5paisa	m,Stock
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : -
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : -
Demat Account AMC	Demat Account AMC : Rs 300	Demat Account AMC : -
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : -

5paisa vs m,Stock Brokerage Charges

5paisa Brokerage Charges Equity Delivery is Rs 20 per executed order and Equity Intraday is Rs 20 per executed order and Equity Options is Rs 20 per executed order . m,Stock Brokerage Charges

	5paisa			m,Stock
Plan Name	Plan Name : Basic Plan	Plan Name : Power Investor Pack	Plan Name : Ultra Trader Pack	-
Equity Delivery	Equity Delivery : Rs 20 per executed order	Equity Delivery : Rs 10 per executed order	Equity Delivery : Rs 10 per executed order	-
Equity Intraday	Equity Intraday : Rs 20 per executed order	Equity Intraday : Rs 10 per executed order	Equity Intraday : Rs 10 per executed order	-
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 10 per executed order	Equity Future : Rs 10 per executed order	-
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 10 per executed order	Equity Options : Rs 10 per executed order	-
Currency Futures	Currency Futures : Rs 20 per executed order	Currency Futures : Rs 10 per executed order	Currency Futures : Rs 10 per executed order	-
Currency Options	Currency Options : Rs 20 per executed order	Currency Options : Rs 10 per executed order	Currency Options : Rs 10 per executed order	-
Monthly Fee	Monthly Fee : NA	Monthly Fee : Rs 599 per month	Monthly Fee : Rs 1199 per month	-
Margin Trading	Margin Trading : 0.05%	Margin Trading : 0.05%	Margin Trading : 0.05%	-
Commodity Futures	Commodity Futures : Rs 20 per executed order	Commodity Futures : Rs 10 per executed order	Commodity Futures : Rs 10 per executed order	-
Commodity Options	Commodity Options : Rs 20 per executed order	Commodity Options : Rs 10 per executed order	Commodity Options : Rs 10 per executed order	-

5paisa vs m,Stock Exchange Transaction Charges

5paisa Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) | BSE Rs 0 and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) . m,Stock Exchange Transaction Charges - and - .

	5paisa	m,Stock
Equity Delivery	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (each side)	Equity Delivery : -
Equity Intraday	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (sell side)	Equity Intraday : -
Equity Future *	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	Equity Future : -
Equity Options *	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)	Equity Options : -
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%)	Currency Futures : -
Currency Options	Currency Options : NSE Rs 3500 per Cr (0.035%) (on premium)	Currency Options : -
Commodity	Commodity : Grp A: 0.0026%	Commodity : -

5paisa vs m,Stock Other Charges

5paisa Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 100 per call (any number of trades in a call) . m,Stock and .

	5paisa	m,Stock
Minimum Brokerage	Minimum Brokerage : Rs 20 per trade	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 100 per call (any number of trades in a call)	Call & Trade : -
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : ₹12.5 per transaction per script	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

5paisa vs m,Stock Features

5paisa and m,Stock both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	5paisa	m,Stock
Trading Platform	Trading Platform : 5paisa Trade Station (Web, Mobile App and EXE)	Trading Platform : -
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : -
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : -
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

5paisa vs m,Stock Demat Account Charges

A comparative table of various demat account charges between 5paisa and m,Stock is below:

	5paisa	m,Stock
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : -
Account Opening Fee	Account Opening Fee : Rs 0 (Free)	Account Opening Fee : -
Advance Deposit	Advance Deposit : Nil	Advance Deposit : -
AMC	AMC : Rs 300 per year	AMC : -
Dematerialisation Charges	Dematerialisation Charges : Rs 15 per certificate + Rs 40 as postal charges	Dematerialisation Charges : -
Rematerialisation Charges	Rematerialisation Charges : Rs 15 per certificate or Rs 15 for every 100 securities or part thereof whichever is higher + Rs 40 for courier	Rematerialisation Charges : -
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Rs 12.50 per transaction per script	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : Rs 12.50 per scrip for Margin pledge. Rs 25.00 per scrip for MTF. Rs 50.00 per scrip for Normal pledging charges (Loan Against Shares)	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : Nil	Pledge Invocation Charges : -
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : -
Other Charges	Other Charges : Postal Charges: Rs 40	Other Charges : -

5paisa vs m,Stock Basic Details

5paisa Year of Incorporation is 1996 and Total Number of Clients is 343187 and Total Number of Branches is 1 . m,Stock and Total Number of Clients is 268305 and .

	5paisa	m,Stock
Year of Incorporation	Year of Incorporation : 1996	Year of Incorporation : -
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : -
Demat Services	Demat Services : Yes	Demat Services : -
Website	Website : www.5paisa.com	Website : -
Contact Details	Contact Details : +918976689766	Contact Details : -
Total Number of Clients	Total Number of Clients : 343,187	Total Number of Clients : 268,305
Total Number of Branches	Total Number of Branches : 1	Total Number of Branches : -
Products *	Products : 5Paisa Mobile app, 5paisa trade station, 5paisa trade terminal	Products : -

5paisa vs m,Stock Orders

Orders

	5paisa	m,Stock
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : Yes
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

5paisa vs m,Stock Research and Advice / Trading Tips

Research and Advice / Trading Tips

	5paisa	m,Stock
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : -
Comparison *	Comparison : No	Comparison : -
Free Tips *	Free Tips : No	Free Tips : -
Daily Market report *	Daily Market report : No	Daily Market report : -
ETF research *	ETF research : No	ETF research : -
Quarterly Results *	Quarterly Results : No	Quarterly Results : -

5paisa vs m,Stock Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	5paisa	m,Stock
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : -
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : -

5paisa vs m,Stock Product & Services

5paisa and m,Stock both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	5paisa	m,Stock
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call N Trade *	Call N Trade : Rs 100 Per call	Call N Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : No	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : No	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : -

5paisa vs m,Stock Customer Services

5paisa and m,Stock both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	5paisa	m,Stock
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : No	Branch Offices : -
Customer Care *	Customer Care : No	Customer Care : -
Community Service *	Community Service : No	Community Service : -
Relationship Manager *	Relationship Manager : No	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

5paisa vs m,Stock Other Investement

5paisa and m,Stock both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	5paisa	m,Stock
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -

5paisa vs m,Stock Trading Platform

5paisa and m,Stock both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	5paisa	m,Stock
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : No	I-Pad App : -
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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