5paisaSEBI INZ000010231
- Account opening
- ₹0
- Demat AMC
- ₹25/month + GST
- SME IPOs
- Yes
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- ₹38.94Brokerage and DP with GST, ours
Angel OneSEBI INZ000161534
- Account opening
- ₹0
- Demat AMC
- ₹0 year 1, then ₹240/yr + GST
- SME IPOs
- Yes
- Delivery brokerage
- ₹20 or 0.1%, lower
- Cost to sell ₹15,000 of IPO shares
- ₹41.30Brokerage and DP with GST, ours
Where 5paisa and Angel One differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | 5paisa | Angel One |
|---|---|---|
| One mainboard lot, ₹15,000₹2.36 less at 5paisa | ₹38.94 | ₹41.30 |
| Two SME lots, ₹2,50,000₹8.26 less at 5paisa | ₹38.94 | ₹47.20 |
| A year: 12 mainboard lots sold₹28.32 less at 5paisa | ₹467.28 | ₹495.60 |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Demat maintenance (AMC): ₹25 a month plus GST, as listed on the pricing page at 5paisa, Free in the first year, then ₹60 a quarter plus GST, charged after the… at Angel One.
- Equity delivery brokerage: ₹20 per executed order at 5paisa, ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 at Angel One.
- DP charge on selling shares: ₹15.34 per scrip per day at 5paisa, ₹20 plus GST per scrip at Angel One.
The same at both: account opening, Mainboard IPOs and SME IPOs.
5paisa vs Angel One: charges side by side
Differs 4 of 7 charges differ between 5paisa and Angel One. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | 5paisa | Angel One |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | ₹0 for residents |
| Demat maintenance (AMC) | ₹25 a month plus GST, as listed on the pricing page | Free in the first year, then ₹60 a quarter plus GST, charged after the first trade in a quarter |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, in the current IPO section | Yes, in the IPO section of the app with a UPI mandate |
| SME IPOs | Yes, SME IPOs are listed with an apply option | Yes, NSE Emerge and BSE SME IPOs, marked with an SME tag. Allotted SME shares can be sold from the app |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 per executed order | ₹20 or 0.1% per executed order, whichever is lower, minimum ₹5 |
| DP charge on selling shares | ₹15.34 per scrip per day | ₹20 plus GST per scrip (₹3.50 CDSL and ₹16.50 Angel One; ₹3.25 and ₹16.75 for women) |
| Registration | ||
| SEBI registration | INZ000010231 | INZ000161534 |
For other trading, equity intraday and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the 5paisa and Angel One pages.
5paisa and Angel One strengths and things worth checking
5paisa
Strengths
- Cheaper dealer orders
- ₹0 pledge
- SME IPOs
Worth checking
- Two pages, two headline prices
The brokerage charges page shows ₹0 "for all trades" while the pricing page lists ₹20 per order. Confirm which applies before you open an account.
- AMC
₹25 a month plus GST as listed.
- Flat ₹20 on delivery
Even small IPO share sales pay ₹20 brokerage.
Angel One
Strengths
- Free first month
- Cheaper dealer orders
- SME IPOs on both exchanges
Worth checking
- AMC after the first year
₹60 a quarter plus GST (₹240 a year plus GST) for a regular demat account.
- Brokerage and DP charge on delivery
Up to ₹20 per order plus a ₹20 plus GST DP charge when you sell.
Brokerage calculator: 5paisa vs Angel One
| Charge | 5paisa | Angel One |
|---|
Ours, with NSE rates. Change the trade to see what 5paisa and Angel One would each charge.
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Every comparison with 5paisa or Angel One, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, 5paisa or Angel One?
Selling one mainboard lot of IPO shares (₹15,000) costs ₹38.94 in broker charges at 5paisa and ₹41.30 at Angel One (our calculation). For two SME lots worth ₹2,50,000: 5paisa ₹38.94, Angel One ₹47.20 (our calculation, brokerage and DP charge with GST).
How much would the difference between 5paisa and Angel One be over a year?
If you sell 12 mainboard lots of ₹15,000 in a year, 5paisa costs ₹28.32 less in broker charges (our calculation). Add the yearly AMC: 5paisa: ₹25 a month plus GST, as listed on the pricing page; Angel One: Free in the first year, then ₹60 a quarter plus GST, charged after the….
Can I apply for SME IPOs on 5paisa and Angel One?
Both let you apply for SME IPOs.
What is the demat AMC at 5paisa and Angel One?
5paisa: ₹25 a month plus GST, as listed on the pricing page. Angel One: Free in the first year, then ₹60 a quarter plus GST, charged after the….
What brokerage do 5paisa and Angel One charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹23.60 at 5paisa and ₹17.70 at Angel One (our calculation from their published rates).