Broker comparison
5paisa vs Paytm Money (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of 5paisa and Paytm Money from published official pricing and features — no affiliation with either broker.
- 0 – 0Cheaper on example trades (5paisa – Paytm Money)
- 4 – 3Published features (of 9)
| Metric | 5paisa | Paytm Money |
|---|---|---|
| Delivery brokerage | ₹20 per order (flat) | ₹20 per order (accounts opened on or after 25 Aug 2023) |
| Intraday brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| F&O brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| AMC | ₹25 per month + GST (per official pricing; BSDA conditions apply) | ₹0 demat AMC (per official site) |
| Account opening | Free (online) | See official pricing page |
| Trading API | 5paisa Xstream API — Free (per official page) | Paytm Money API |
| Reported execution speed | ≈ 85 ms (median) | Not Disclosed |
| Algo support | Yes - via Xstream API | Yes - via trading API |
| Platforms | 5paisa app, 5paisa web, FnO 360 | Paytm Money app, Paytm Money web |
| Best for (published) | Cost-conscious traders comfortable with a subscription add-on model. | Paytm users who want investing and broking inside one ecosystem. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | 5paisa | Paytm Money | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹82.97 | Tie |
| Delivery: ₹50,000 buy & sell | ₹178.98 | ₹178.98 | Tie |
| Options: premium ₹100 × 75 | ₹66.43 | ₹66.43 | Tie |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,067.15 | Tie |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | 5paisa | Paytm Money |
|---|---|---|
| Free delivery | – | – |
| Zero AMC | – | ✓ |
| Free API | ✓ | – |
| TradingView | – | – |
| MCX commodity | ✓ | – |
| Mutual funds | ✓ | ✓ |
| IPO | – | ✓ |
| Research desk | – | – |
| Published speed | ✓ | – |
What the published data shows
5paisa publishes an execution-speed figure; Paytm Money does not on verifiable sources.
Tools & profiles
- 5paisa full profile
- Paytm Money full profile
- 5paisa brokerage calculator
- Paytm Money brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
5paisa vs Paytm Money: which has lower delivery brokerage?
At our last review, 5paisa published delivery brokerage as "₹20 per order (flat)" and Paytm Money as "₹20 per order (accounts opened on or after 25 Aug 2023)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does 5paisa or Paytm Money have a trading API?
Both have documented APIs at review time: 5paisa (5paisa Xstream API), Paytm Money (Paytm Money API). Compare pricing and rate limits on each broker's developer page.
Which is faster — 5paisa or Paytm Money?
5paisa publishes ≈ 85 ms (median). Paytm Money has no verifiable execution-speed figure we could cite.
Is 5paisa cheaper than Paytm Money?
On our four example trades (intraday, delivery, options and futures), 5paisa is cheaper on 0, Paytm Money on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- 5paisa - official website - https://www.5paisa.com
- 5paisa - official pricing - https://www.5paisa.com/pricing
- Paytm Money - official website - https://www.paytmmoney.com
- Paytm Money - official pricing - https://www.paytmmoney.com/stocks/pricing