Angel One Demat & Trading Account vs 5Paisa Demat & Trading Account— Detailed Comparison 2026
Choosing between Angel One Demat & Trading Account and 5Paisa Demat & Trading Account? Both are popular options in the demat account space in India, but they differ in pricing, features, and target audience. In this 2026 comparison, we break down every detail side by side — from fees and benefits to user ratings — so you can make an informed decision.
Angel One Demat & Trading Account
Angel One
Investors who want free advisory and AI-based recommendations
5Paisa Demat & Trading Account
5Paisa
Cost-conscious traders who want flat brokerage on everything
Feature-by-Feature Comparison
| Feature | Angel One Demat & Trading Account | 5Paisa Demat & Trading Account | Winner |
|---|---|---|---|
| Account Opening Charge | Free | Free | Tie |
| Annual Maintenance (AMC) | ₹240 | ₹200 | 5Paisa |
| Equity Delivery Brokerage | Zero (free) | Rs 20 per order (flat) | Tie |
| Equity Intraday Brokerage | Rs 20 per order or 0.25%, whichever is lower | Rs 20 per order (flat) | Tie |
| Futures Brokerage | Rs 20 per order or 0.25%, whichever is lower | Rs 20 per order (flat) | Tie |
| Options Brokerage | Rs 20 per order (flat) | Rs 20 per order (flat) | Tie |
| Mutual Fund Commission | Zero commission on direct funds | Zero on direct mutual funds | Tie |
| Research Reports | ✔ | ✔ | Tie |
| Margin Trading | ✔ | ✔ | Tie |
| IPO Access | ✔ | ✔ | Tie |
| Mutual Funds | ✔ | ✔ | Tie |
| NFO Access | ✔ | ✔ | Tie |
| Best For | Investors who want free advisory and AI-based recommendations | Cost-conscious traders who want flat brokerage on everything | Tie |
| Overall Rating | ★★★★★4.1 | ★★★★★3.8 | Angel One |
Pros & Cons
Angel One Demat & Trading Account
+Advantages
- ✔Free research and advisory with SmartAPI
- ✔Zero delivery brokerage
- ✔AI-powered stock recommendations (ARQ Prime)
- ✔Free account opening
- ✔Established brand (25+ years in market)
−Disadvantages
- ✘Higher AMC of Rs 240/year for demat
- ✘Frequent promotional calls and SMS
- ✘Mobile app can be cluttered
- ✘Customer service mixed reviews
5Paisa Demat & Trading Account
+Advantages
- ✔Flat Rs 20 brokerage on all trades
- ✔Free account opening
- ✔Part of IIFL Group
- ✔Affordable for occasional traders
- ✔Robo advisory feature (Auto Investor)
−Disadvantages
- ✘Platform feels less intuitive than Zerodha/Groww
- ✘Customer support has poor reviews
- ✘App crashes reported during volatile sessions
- ✘AMC of Rs 200/year for demat
Our Verdict: Angel One Demat & Trading Account vs 5Paisa Demat & Trading Account
Based on our analysis, Angel One Demat & Trading Account edges ahead with a rating of 4.1/5 compared to 5Paisa Demat & Trading Account's 3.8/5. With a difference of 0.3 points, Angel One Demat & Trading Account offers a stronger overall package. However, 5Paisa Demat & Trading Account may be better suited for specific use cases — review the feature-by-feature comparison above to decide what works best for your needs.