5paisa vs Fyers
How 5paisa and Fyers compare on brokerage, demat AMC and DP charges — verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026
“Open account” links may be affiliate links — we may earn a commission at no extra cost to you; it never affects this comparison. How we make money →
Quick take
5paisa charges ₹20 flat per order and Fyers charges ₹20 or 0.3%, lower on delivery — so intraday/F&O fees, the DP charge and AMC decide it.
5paisa — cost-conscious traders who want flat ₹20 across all segments in one no-frills app, and don't need free delivery.
Fyers — active, chart-focused traders who want tradingview-grade charting and free apis; less ideal for buy-and-hold delivery.
Charges side by side
| 5paisaOpen | FyersOpen | |
|---|---|---|
| Equity delivery | ₹20 flat per order | ₹20 or 0.3%, lower |
| Intraday | ₹20 flat per order | ₹20 or 0.03%, lower |
| DP sell / scrip | ₹14.75 | ₹14.75 |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹300/yr (₹75/quarter) | ₹0 (currently free |
| Type | Discount | Discount |
Standard published equity plans, verified Jun 2026. Statutory STT, exchange, SEBI, stamp duty & GST are identical across brokers.
5paisa
- Flat ₹20 per order on equity delivery, intraday, F&O, commodity and currency — simple and low
- Zero account-opening fee; mutual-fund (direct/regular) and IPO applications are free
- Broad segment coverage on one platform (equity, F&O, MCX, currency, MF, IPOs) plus an Xstream API
- Equity delivery is NOT free on the default plan — ₹20 per order
- Demat AMC of ₹300/yr (₹75/quarter) on the standard plan
Fyers
- Free account opening and ₹0 demat AMC (currently), with no charge on MF and IPO investments
- TradingView-native charting on Fyers Web plus FYERS One desktop terminal and Insta Options
- Free, well-documented trading API and FYERS Automate for rule-based/algo strategies (no API subscription fee)
- Equity delivery is no longer free — ₹20 or 0.3% (lower) since 1 Oct 2024, so small delivery trades pay 0.3%
- Call & Trade costs ₹50 + GST per order — among the highest of the discount brokers
5paisa vs Fyers — FAQs
5paisa charges ₹20 flat per order and Fyers charges ₹20 or 0.3%, lower on delivery — so intraday/F&O fees, the DP charge and AMC decide it. On intraday, 5paisa charges ₹20 flat per order and Fyers ₹20 or 0.03%, lower. The DP sell charge is ₹14.75 (5paisa) vs ₹14.75 (Fyers). Statutory charges are identical across brokers.
5paisa is a discount broker — cost-conscious traders who want flat ₹20 across all segments in one no-frills app, and don't need free delivery. Fyers is a discount broker — active, chart-focused traders who want tradingview-grade charting and free apis; less ideal for buy-and-hold delivery.
Either works to start. Look at the demat AMC (5paisa: ₹300/yr (₹75/quarter); Fyers: ₹0 (currently free), whether delivery is free, and which app you find simpler. Both hold your shares safely with CDSL/NSDL. This is information, not advice.
This is an informational comparison of published charges, not investment advice. Brokers change pricing and run promotions — confirm current rates on each broker's official charges page before opening. Investing carries market risk.