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5paisa alternatives: 5 apps ranked by verified data

Facts checked Nov 8, 2026AppBreakup editorialHow we rankAll investing and stock trading apps

Top picks

Common reasons people leave 5paisa: equity delivery trades are charged, unlike Zerodha or Dhan, and extra charges for call-and-trade and auto square-off. We ranked 5 alternatives by how directly each one replaces 5paisa, then by reviews, real visits and how recently each app's facts were checked against its own website. Zerodha Kite currently ranks first.

Quick comparison

#AppPricingVerified priceOpen sourcePlatformsVerified factsScore
1Zerodha Kite logoZerodha KiteFree plan + paid—NoWeb, Android, iOS8 of 868.8
2Dhan logoDhanFree plan + paid—NoWeb, Android, iOS10 of 1064.8
3Upstox logoUpstoxFree plan + paid—NoWeb, Android, iOS7 of 761.8
4Groww logoGrowwFree plan + paid—NoWeb, Android, iOS7 of 759.4
5Angel One logoAngel OneFree plan + paidLower of ₹20 or 0.1% per executed equity orderNoWeb, Android, iOS9 of 957.5
  1. Zerodha Kite logo

    1. Zerodha KiteTop pick

    Best for: Self-directed Indian investors and active traders who want low, flat fees and a clean charting app

    Free plan + paidWeb, Android, iOS

    68.8

    score / 100

    Why switch from 5paisa

    Free equity delivery trades, which suits buy-and-hold investors better.

    Pros

    • No brokerage on equity delivery trades or direct mutual funds
    • Flat ₹20 cap per intraday or F&O order
    • Detailed charts, 20-level market depth and GTT orders
    • Free Varsity courses and a public trading API

    Cons

    • Annual demat maintenance charge after the first year for many accounts
    • No research reports or stock recommendations
    • Mutual funds live in a separate Coin app rather than inside Kite
    Visit Zerodha Kite Details and reviews
    How this score is calculated
    Editorial fit ×0.3100
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Zerodha Kite a good 5paisa alternative?

    Verified facts

    8 of 8 verified
    Equity delivery brokerage
    ₹0
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Intraday and F&O brokerage
    ₹20 or 0.03% per order, whichever is lower
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Account opening
    Free for individual accounts
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Market depth
    20 levels (level 3 data)
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Founded
    2010
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Intraday brokerage
    ₹20 or 0.03% per executed order, whichever is lower
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Options brokerage
    Flat ₹20 per executed order
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
    Demat AMC
    ₹300 a year + GST (non-BSDA accounts)
    Checked Nov 8, 2026zerodha.com(opens source in a new tab)
  2. Dhan logo

    2. Dhan

    Best for: Indian F&O and intraday traders who want TradingView charts, fast order tools and free APIs

    Free plan + paidWeb, Android, iOS

    64.8

    score / 100

    Why switch from 5paisa

    No delivery brokerage plus a dedicated options app and free trading APIs.

    Pros

    • No brokerage on equity delivery and no account maintenance charge
    • Dedicated options trading app plus trading straight from TradingView charts
    • Trading APIs for algo traders at no extra cost

    Cons

    • Intraday and F&O orders still cost a flat fee per order
    • Many separate apps and terminals can be confusing for beginners
    • Younger broker than Zerodha, Angel One or 5paisa
    Visit Dhan Details and reviews
    How this score is calculated
    Editorial fit ×0.387
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Dhan a good 5paisa alternative?

    Verified facts

    10 of 10 verified
    Account opening and AMC
    ₹0
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Equity delivery brokerage
    ₹0
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Intraday and F&O brokerage
    ₹20 per order
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Trading API
    Free
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    US stocks
    Fractional investing from $1
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Intraday brokerage
    ₹20 or 0.03% per order, whichever is lower
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    F&O brokerage
    ₹20 per executed order
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Account opening fee
    ₹0 for individuals and HUFs
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Annual maintenance charge
    ₹0 for individuals; ₹800 + GST for NRIs and firms
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
    Call & Trade
    ₹50 per order + GST
    Checked Nov 8, 2026dhan.co(opens source in a new tab)
  3. Upstox logo

    3. Upstox

    Best for: Indian traders who want flat-fee F&O trading with TradingView charts and API access

    Free plan + paidWeb, Android, iOS

    61.8

    score / 100

    Why switch from 5paisa

    Same flat-fee pricing with TradingView charts and an API for algo traders.

    Pros

    • Flat ₹20 maximum brokerage per order across segments
    • No brokerage on mutual funds and IPOs
    • TradingView charts and a trading API built in

    Cons

    • Equity delivery trades cost ₹20 per order, not free
    • Account maintenance charge applies after the first year
    • No research or stock advisory like a full-service broker
    Visit Upstox Details and reviews
    How this score is calculated
    Editorial fit ×0.377
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Upstox a good 5paisa alternative?

    Verified facts

    7 of 7 verified
    Equity delivery brokerage
    ₹20 per executed order
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Mutual funds and IPOs
    ₹0 brokerage
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Account maintenance
    ₹0 in the first year, then ₹300 + GST (non-BSDA)
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Broking licence
    2010
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Users
    2 crore+
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Equity options brokerage
    Flat ₹20 per executed order
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
    Account opening
    Free
    Checked Nov 8, 2026upstox.com(opens source in a new tab)
  4. Groww logo

    4. Groww

    Best for: First-time investors in India who want mutual funds and stocks in one simple app

    Free plan + paidWeb, Android, iOS

    59.4

    score / 100

    Why switch from 5paisa

    Simpler app for beginners, with mutual funds, stocks and US stocks together.

    Pros

    • No account opening or maintenance charges
    • Direct mutual funds and SIPs with zero commission
    • Beginner-friendly app that also covers US stocks and IPOs

    Cons

    • Equity delivery trades carry brokerage, unlike Zerodha's ₹0
    • Advanced trading tools are split into separate terminal products
    • Runs its own mutual funds alongside third-party ones
    Visit Groww Details and reviews
    How this score is calculated
    Editorial fit ×0.369
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Groww a good 5paisa alternative?

    Verified facts

    7 of 7 verified
    Account opening
    ₹0
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    Account maintenance
    ₹0
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    Equity brokerage
    ₹20 or 0.1% per order, whichever is lower
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    Customers
    50 million+
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    Mutual funds
    Direct funds at zero charges
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    MTF interest
    14.95% a year on the funded amount
    Checked Nov 8, 2026groww.in(opens source in a new tab)
    Pledge charge
    ₹20 per ISIN
    Checked Nov 8, 2026groww.in(opens source in a new tab)
  5. Angel One logo

    5. Angel One

    Best for: Indian investors who want research and recommendations along with a low-cost trading app

    Free plan + paidWeb, Android, iOS

    57.5

    score / 100

    Why switch from 5paisa

    Full-service broker with research and advisory if you want recommendations.

    Pros

    • Free account opening and no maintenance charge in year one
    • Research reports and stock recommendations included
    • No commission on mutual funds and IPO applications

    Cons

    • Free brokerage lasts only 30 days, then per-order fees apply
    • Recommendations and promotions can be pushy for self-directed investors
    • Maintenance charge applies after the first year
    Visit Angel One Details and reviews
    How this score is calculated
    Editorial fit ×0.363
    Reviews ×0.363
    Clicks (90 days) ×0.150
    Freshness ×0.15100
    Votes ×0.150

    0 counted reviews, 0 up and 0 down votes. Full formula

    Is Angel One a good 5paisa alternative?

    Verified facts

    9 of 9 verified
    Account opening
    ₹0
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Introductory brokerage
    ₹0 for the first 30 days, up to ₹500
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Mutual funds and IPOs
    ₹0 commission
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Registered users
    3.8 crore+
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Digital since
    2019
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Starting price
    Lower of ₹20 or 0.1% per executed equity order
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    F&O brokerage
    ₹20 per executed order
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    Introductory offer
    ₹0 brokerage up to ₹500 for the first 30 days
    Checked Nov 8, 2026angelone.in(opens source in a new tab)
    AMC
    ₹0 for the first year
    Checked Nov 8, 2026angelone.in(opens source in a new tab)

The best 5paisa alternative for…

The highest-ranked app in this list for each need.

Zerodha Kite logo

Best 5paisa alternative for most people

Zerodha Kite

Free equity delivery trades, which suits buy-and-hold investors better.

Dhan logo

Best 5paisa alternative for a free plan you can upgrade

Dhan

No delivery brokerage plus a dedicated options app and free trading APIs.

Upstox logo

Best 5paisa alternative for iPhone and Android

Upstox

Same flat-fee pricing with TradingView charts and an API for algo traders.

Groww logo

Best 5paisa alternative for working in the browser

Groww

Simpler app for beginners, with mutual funds, stocks and US stocks together.

5paisa alternatives: common questions

What is the best alternative to 5paisa?

Zerodha Kite ranks first right now. Free equity delivery trades, which suits buy-and-hold investors better. Dhan and Upstox follow it in our ranking.

5paisa vs Zerodha Kite: what's the difference?

Both 5paisa and Zerodha Kite are free with paid plans. Only 5paisa runs on Windows.

Is 5paisa free?

5paisa is free with paid plans. Brokerage: ₹20 per order, all segments; Account opening: ₹0. Checked on 5paisa's own site, November 2026.

Is there a free alternative to 5paisa?

Yes. Zerodha Kite (free plan + paid), Dhan (free plan + paid), Upstox (free plan + paid) and Groww (free plan + paid) have a free option. Check each app's verified facts for current plan limits.

Is there an open-source alternative to 5paisa?

None of the 5 alternatives in this list is open source.

Why do people switch from 5paisa?

The complaints we hear most: equity delivery trades are charged, unlike Zerodha or Dhan; extra charges for call-and-trade and auto square-off; lots of separate platforms to choose between.

How is this list ranked?

Every app is scored with the same published formula: how directly it replaces 5paisa, reviews (weighted by verification), visits from AppBreakup, how recently its facts were checked against its own website, and reader votes.