Angel One vs 5Paisa: An Honest Comparison

Angel One vs 5Paisa: An Honest Comparison

Choosing the right broker app isn’t just about low brokerage fees or shiny features—it’s about trust, usability, and whether it suits your investing style. I still remember my first stock trade years ago: sitting nervously in front of my laptop, wondering if I’d chosen the right platform. Back then, traditional brokers ruled the space. Today, digital-first platforms like Angel One and 5Paisa have transformed the way Indians invest. Both claim to empower investors, but which one actually delivers the better experience? Let’s dive into an honest comparison.

Company Overview – Angel One vs 5Paisa

Angel One

Founded in 1996, Angel One (formerly Angel Broking) is one of India’s oldest and most trusted full-service brokers. Headquartered in Mumbai, it is a member of BSE, NSE, MCX, and NCDEX, and a registered depository participant with CDSL.

Key Stats (Source: NSE & Angel One Reports, 2025):

  • 3+ crore customers (30 million investors)
  • 25+ years in the market
  • 4.4 crore+ app downloads on Android & iOS
  • Transitioned from branch-led broking to one of India’s top digital investment apps

Angel One’s long history, coupled with its ability to adapt to digital-first investing, makes it a bridge between traditional investors and new-age traders.

5Paisa

Launched in 2007, 5Paisa started as part of the IIFL Group before becoming an independent listed company. Headquartered in Mumbai, it is registered with SEBI, a member of NSE, BSE, and an AMFI-registered mutual fund distributor.

Key Stats (Source: NSE, Google Play Store, 2025):

  • 1.6 million active clients (as of March 2025)
  • 12 million+ app downloads
  • India’s 2nd-largest discount broker by active clients
  • Offers a wide suite: stocks, mutual funds, insurance, algo trading, and more

While Angel One banks on trust and scale, 5Paisa positions itself as a low-cost, mobile-first broker aimed at retail investors and young professionals.

Features
Angel One
5Paisa
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Angel One vs 5Paisa: An Honest Comparison
Angel One vs 5Paisa: An Honest Comparison
Established Year
1996
2007
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User Experience

  • Angel One: Offers a hybrid experience—digital-first app + advisory support. Its interface (Angel One Super App) is intuitive but slightly heavier with advanced tools. Great for semi-active investors who value both DIY investing and expert insights.
  • 5Paisa: Designed with simplicity in mind. Its mobile app is lightweight and easy to navigate, catering especially to beginners and traders who prioritize speed.

Brokerage Charges & AMC

  • Angel One
    • ₹0 brokerage on equity delivery
    • Flat ₹20 per order for intraday, F&O, currencies, and commodities
    • AMC: ₹240/year for Demat
  • 5Paisa
    • Free account opening
    • Flat ₹20 per order across segments (₹10/order with premium pack)
    • AMC: ₹300/year for Demat

Verdict: 5Paisa edges ahead with lower charges for high-volume traders (especially with premium packs), but casual investors may not feel the difference compared to Angel One.

Trading Platforms & Features

  • Angel One Super App:
    • Advanced charting & derivatives tools
    • Integration with ARQ Prime (AI-driven advisory)
    • Seamless mutual fund and IPO investing
    • Research-backed recommendations
  • 5Paisa App & Web:
    • Mobile-first, simple interface
    • Algo trading for retail users
    • Robo-advisory and smart portfolio tools
    • Lightweight but lacks the depth of Angel One’s research features

Product Offerings

  • Angel One: Stocks, F&O, commodities, currencies, IPOs, mutual funds, bonds, margin trading, and portfolio management services.
  • 5Paisa: Stocks, F&O, commodities, currencies, mutual funds, insurance, robo-advisory, P2P lending, algo trading.

Angel One offers a wider institutional-grade range, but 5Paisa provides innovative low-cost extras like robo-advisory.

Research & Advisory Services

  • Angel One: Known for in-depth research reports, stock recommendations, and ARQ Prime advisory. Strong for long-term investors who value expert insights.
  • 5Paisa: Provides basic research, robo-advisory, and model portfolios but not as strong as Angel One’s full-service research arm.

Customer Support

  • Angel One: Multi-channel (chat, email, phone, branches across India). Strong presence both digitally and physically.
  • 5Paisa: App-based support, call & email. Faster for digital queries but lacks branch-level support.

Pros & Cons – Angel One vs 5Paisa

Angel One

Pros
  • Trusted full-service broker with strong brand reputation
  • Wide range of services: trading, research, advisory, and portfolio management
  • Robust trading platforms (Angel One app, web, and desktop)
  • Flat ₹20 brokerage per order under discount model
  • Strong research reports and stock recommendations
Cons
  • Higher account opening and maintenance charges compared to some discount brokers
  • Slightly complex app interface for complete beginners
  • Brokerage model may still feel costlier for very small traders
  • Occasional delays in app performance during high market volatility
  • Some advanced tools are behind paid subscriptions

5Paisa

Pros
  • True discount broker with one of the lowest charges in India
  • Flat ₹20 brokerage per order across all segments
  • User-friendly mobile app suitable for beginners
  • Low account opening and maintenance costs
  • Offers robo-advisory and mutual fund investments
Cons
  • Limited research and advisory support compared to Angel One
  • Customer support quality is often rated lower
  • Trading platforms may lag during high-volume market hours
  • Customer support can be slow during peak hours
  • Platform interface may feel overwhelming for absolute beginners

Recommendation – Which One Should You Choose?

The answer depends on your investor profile:

  • Choose Angel One if you value research, trust, and a balance of traditional + digital investing. It’s ideal for long-term investors, those who need expert advice, or anyone who wants access to a broad product suite.
  • Choose 5Paisa if you are a cost-conscious, mobile-first trader who prefers a lightweight app, lower brokerage charges (with premium packs), and basic robo-advisory tools.

At Indiainvesthub, our goal is to help you cut through the noise and make informed decisions. We provide unbiased comparisons, data-backed insights, and practical guidance so you can select the broker app that aligns with your goals.

Conclusion

Both Angel One and 5Paisa have carved out unique spaces in India’s financial ecosystem. Angel One thrives on its legacy, research, and full-service approach, while 5Paisa wins hearts with its low-cost, mobile-first simplicity.

The real question isn’t which broker is “best,” but rather: which one is best for you?

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