Check reviews of other Share brokers

5paisa vs Fyers (Compare 5paisa and Fyers)

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 Fyers, Below comparison of 5paisa vs Fyers 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 Fyers is given below:

5paisa

Open Account

Fyers

Open Account

	5paisa	Fyers

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

Fyers :

"FYERS is the revolutionary name in the stockbroker industry who has bought crisp technology and smooth trading platform along with the concept of thematic investment" >>> more

Find More Information about the Broker :

5paisa :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Fyers :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Type of Broker

5paisa :

Discount Broker

Fyers :

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.

Fyers :

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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

Fyers :

✔ What Fyers Does Well

✓	TradingView-native charts — best charting in Indian retail broking
✓	₹12.50 DP charge — lowest among major discount brokers
✓	₹0 AMC for lifetime (limited period offer)
✓	Tiered MTF interest — as low as 12.49% p.a. for large amounts
✓	NRI accounts available at ₹50/order
✓	GTT orders supported — unlike Groww and Angel One
✓	Free API with no monthly subscription fee
✓	30-day profitability challenge — brokerage refund up to ₹10,000
✓	Thematic investing baskets — sector/theme-based stock groups in one click
✓	Bracket orders, cover orders, GTT, AMO, basket orders
✓	School of Stocks — free structured education platform

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

Fyers :

✘ Where Fyers Falls Short

✗	Delivery brokerage: ₹20 or 0.3% — high % cap for small trades
✗	Call & Trade ₹50/order — highest among major discount brokers
✗	Admin square-off ₹50 — higher than Upstox & Angel One (₹20)
✗	No research or stock tips — chargeable only
✗	Smaller client base (~2.45L active) vs Zerodha / Groww
✗	AMC free offer is "limited period" — not permanently committed
✗	No branches — 100% online only
✗	Customer support slower than expected given premium positioning
✗	No digital gold or US stocks
✗	Not ideal for beginners — platform depth can be overwhelming

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."

Fyers :

They Charge Flat brokerage of ₹20/- per executed order.
Brokerage free Equity delivery Trade & Mutual Fund Investment.
No proprietary trading. Pure brokerage firm.
The distinguishing feature of Fyers- "Thematic investing".
Technological advance online trading platforms are provided to its customers.
They have customer support above average, and referral programmes are also worth investing your valuable time.
Provide various researching tools like Margin, Brokerage, brokerage comparison calculator, option strategy.
Trade profitably for 30 days & get your brokerage refunded.
Trade from charts, get the most popular technical indicators, drawing tools, multiple charts and many other functions.
Maximum Historical data- Get 24+ years of historical EOD & 4+ years of historical intraday charts with 100+ technical indicators.
IPOs and FPOs through UPI payments.

Open Account

5paisa vs Fyers Account Opening & AMC Charges

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

	5paisa	Fyers
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0 (Free)
Demat Account AMC	Demat Account AMC : Rs 300	Demat Account AMC : Rs 0 (Free)
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0 (Free)
	Open Account	Open Account

5paisa vs Fyers 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 . Fyers Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

	5paisa			Fyers
Plan Name	Plan Name : Basic Plan	Plan Name : Power Investor Pack	Plan Name : Ultra Trader Pack	Plan Name : Fyers
Equity Delivery	Equity Delivery : Rs 20 per executed order	Equity Delivery : Rs 10 per executed order	Equity Delivery : Rs 10 per executed order	Equity Delivery : Rs 0 (Free)
Equity Intraday	Equity Intraday : Rs 20 per executed order	Equity Intraday : Rs 10 per executed order	Equity Intraday : Rs 10 per executed order	Equity Intraday : Rs 20 per executed order or .03% whichever is lower
Equity Future	Equity Future : Rs 20 per executed order	Equity Future : Rs 10 per executed order	Equity Future : Rs 10 per executed order	Equity Future : Rs 20 per executed order or .03% whichever is lower
Equity Options	Equity Options : Rs 20 per executed order	Equity Options : Rs 10 per executed order	Equity Options : Rs 10 per executed order	Equity Options : Rs 20 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 Futures : Rs 20 per executed order or .03% whichever is lower
Currency Options	Currency Options : Rs 20 per executed order	Currency Options : Rs 10 per executed order	Currency Options : Rs 10 per executed order	Currency Options : Rs 20 per executed order
Monthly Fee	Monthly Fee : NA	Monthly Fee : Rs 599 per month	Monthly Fee : Rs 1199 per month	Monthly Fee : NA
Margin Trading	Margin Trading : 0.05%	Margin Trading : 0.05%	Margin Trading : 0.05%	Margin Trading : -
Commodity Futures	Commodity Futures : Rs 20 per executed order	Commodity Futures : Rs 10 per executed order	Commodity Futures : Rs 10 per executed order	Commodity Futures : Rs 20 per executed order or .03% whichever is lower
Commodity Options	Commodity Options : Rs 20 per executed order	Commodity Options : Rs 10 per executed order	Commodity Options : Rs 10 per executed order	Commodity Options : Rs 20 per executed order
	Open Account			Open Account

5paisa vs Fyers 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) . Fyers Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) (on premium) .

	5paisa	Fyers
Equity Delivery	Equity Delivery : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5300 per Cr (0.053%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 3500 per Cr (0.035%) (on premium)	Currency Options : NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity	Commodity : Grp A: 0.0026%	Commodity : NA
	Open Account	Open Account

5paisa vs Fyers 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) . Fyers Minimum Brokerage is Intra-day: Rs 7 or 2.5% whichever is lower and Call & Trade is Rs 20 per trade .

	5paisa	Fyers
Minimum Brokerage	Minimum Brokerage : Rs 20 per trade	Minimum Brokerage : Intra-day: Rs 7 or 2.5% whichever is lower
Call & Trade	Call & Trade : Rs 100 per call (any number of trades in a call)	Call & Trade : Rs 20 per 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) : ₹7 + ₹5.5 (CDSL Charges)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
	Open Account	Open Account

5paisa vs Fyers Features

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

	5paisa	Fyers
Trading Platform	Trading Platform : 5paisa Trade Station (Web, Mobile App and EXE)	Trading Platform : Fyers One (In-house build)
Placing orders through charts	Placing orders through charts : Yes	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : No
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : 1
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
	Open Account	Open Account

5paisa vs Fyers Demat Account Charges

A comparative table of various demat account charges between 5paisa and Fyers is below:

	5paisa	Fyers
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Rs 0 (Free)	Account Opening Fee : â‚¹0
Advance Deposit	Advance Deposit : Nil	Advance Deposit : â‚¹0
AMC	AMC : Rs 300 per year	AMC : â‚¹0
Dematerialisation Charges	Dematerialisation Charges : Rs 15 per certificate + Rs 40 as postal charges	Dematerialisation Charges : â‚¹0
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 : â‚¹0
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) : â‚¹7 + â‚¹5.50 flat for every debit transaction
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 : â‚¹0
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : Nil	Pledge Invocation Charges : â‚¹0
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : â‚¹0
Other Charges	Other Charges : Postal Charges: Rs 40	Other Charges : Adhoc / Non Periodic Statement Requests: â‚¹0 + courier charges at actuals,Conversion of MF Units / Destatementisation: â‚¹100 per certificate, Modification in Client Master List (CML): â‚¹50,Modification in KRA: â‚¹50,Stamp Charges: â‚¹50
	Open Account	Open Account

5paisa vs Fyers Basic Details

5paisa Year of Incorporation is 1996 and Total Number of Clients is 544270 and Total Number of Branches is 1 . Fyers Year of Incorporation is 2015 and Total Number of Clients is 219169 and .

	5paisa	Fyers
Year of Incorporation	Year of Incorporation : 1996	Year of Incorporation : 2015
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : Yes	Demat Services : Yes
Website	Website : www.5paisa.com	Website : http://fyers.in/
Contact Details	Contact Details : +918976689766	Contact Details : 080-46251111
Total Number of Clients	Total Number of Clients : 544,270	Total Number of Clients : 219,169
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 : -
	Open Account	Open Account

5paisa vs Fyers Orders

Orders

	5paisa	Fyers
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
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) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : No
	Open Account	Open Account

5paisa vs Fyers Research and Advice / Trading Tips

Research and Advice / Trading Tips

	5paisa	Fyers
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : No
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : No
Recommendation basis risk Profile *	Recommendation basis risk Profile : No	Recommendation basis risk Profile : No
Comparison *	Comparison : No	Comparison : No
Free Tips *	Free Tips : No	Free Tips : No
Daily Market report *	Daily Market report : No	Daily Market report : No
ETF research *	ETF research : No	ETF research : No
Quarterly Results *	Quarterly Results : No	Quarterly Results : No
	Open Account	Open Account

5paisa vs Fyers Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	5paisa	Fyers
Availability for franchisee / AP	Availability for franchisee / AP : -	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.10,000
	Open Account	Open Account

5paisa vs Fyers Product & Services

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

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

5paisa vs Fyers Customer Services

5paisa and Fyers 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	Fyers
Toll Free Number *	Toll Free Number : No	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : No	Branch Offices : No
Customer Care *	Customer Care : No	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : No	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

5paisa vs Fyers Other Investement

5paisa and Fyers 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	Fyers
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : No
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : No	Investment in Bonds : No
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : No	Investment in Corporate Debt instruments : No
Insurance Services *	Insurance Services : Yes	Insurance Services : No
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

5paisa vs Fyers Trading Platform

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

	5paisa	Fyers
Web Platform *	Web Platform : Yes	Web Platform : Yes
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
Contact Now
	Open Account	Open Account

User Reviews

Post New Message

0 Comments

- - - Compare More Brokers - - -

5paisa

Fyers

5paisa vs Fyers (Compare 5paisa and Fyers)

One on One comparison of 5paisa vs Fyers is given below:

5paisa

Fyers

5paisa :

Fyers :

5paisa :

Fyers :

5paisa :

Fyers :

5paisa :

Fyers :

5paisa :

Fyers :

5paisa :

✘ Where 5paisa Falls Short

Fyers :

✘ Where Fyers Falls Short

5paisa :

Fyers :

5paisa vs Fyers Account Opening & AMC Charges

5paisa vs Fyers Brokerage Charges

5paisa vs Fyers Exchange Transaction Charges

5paisa vs Fyers Other Charges

5paisa vs Fyers Features

5paisa vs Fyers Demat Account Charges

5paisa vs Fyers Basic Details

5paisa vs Fyers Orders

5paisa vs Fyers Research and Advice / Trading Tips

5paisa vs Fyers Franchisee / Authorized Person related information

5paisa vs Fyers Product & Services

5paisa vs Fyers Customer Services

5paisa vs Fyers Other Investement

5paisa vs Fyers Trading Platform

User Reviews

0 Comments

- - - Compare More Brokers - - -

Discount Brokers

Full Service Brokers

BROKER COMPARISION

Articles & Blogs

How to find Best Share Brokers in India?

Do you want to compare Share Brokers ?

How to find Best Share Brokers in India?

Do you want to compare Share Brokers ?

Need Support?

Follow