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Kotak Neo vs 5paisa: which is cheaper?

Kotak Neo is cheaper for intraday, futures, options, currency futures, currency options, commodity futures and commodity options, and 5paisa for delivery. On a ₹1 lakh delivery buy and sell, Kotak Neo costs ₹694.48 and 5paisa ₹293.28 including taxes. Kotak Neo does not publish a DP charge, so its total leaves it out.

Checked 31 Oct 2026. Totals include 18% GST, STT, exchange and SEBI fees, stamp duty and the DP charge on delivery sells.

Who is cheaper, segment by segment

Each trade is one buy order and one sell order at the size shown.

Segment and tradeKotak Neo Trade Free (30+)5paisaCheaper
Equity delivery₹1 lakh buy + sell₹694.48₹293.285paisa by ₹401.20
Equity intraday₹1 lakh buy + sell₹59.08₹82.68Kotak Neo by ₹23.60
Equity futures₹10 lakh contract₹589.15₹612.75Kotak Neo by ₹23.60
Equity options₹10,000 premium, buy + sell₹47.31₹70.91Kotak Neo by ₹23.60
Currency futures₹85,000 contract, buy + sell₹24.59₹48.19Kotak Neo by ₹23.60
Currency options₹1,000 premium₹24.34₹47.94Kotak Neo by ₹23.60
Commodity futures₹6 lakh contract, buy + sell₹126.75₹150.35Kotak Neo by ₹23.60
Commodity options₹10,000 premium₹38.79₹62.39Kotak Neo by ₹23.60

Kotak Neo vs 5paisa on your own trade

Enter your own trade size. Totals include brokerage, 18% GST, STT, exchange and SEBI fees, stamp duty and, on delivery sells, the DP charge.

On this tradeKotak NeoTrade Free (30+)5paisa
Brokerage₹400.00₹40.00
GST on brokerage₹72.00₹7.20
STT₹200.00₹200.00
Exchange and SEBI fees, with GST₹7.48₹7.48
Stamp duty₹15.00₹15.00
DP charge on the sellNot published₹23.60
Total₹694.48₹293.28

5paisa is ₹401.20 cheaper on this trade.

Small and large trades

Flat-fee plans cost the same at any size; percentage and per-lot plans grow with the trade.

TradeKotak Neo5paisaCheaper
Equity delivery₹10,000, buy + sell₹69.45₹93.05Kotak Neo by ₹23.60
Equity delivery₹5 lakh, buy + sell₹3,472.41₹1,183.215paisa by ₹2,289.20
Equity delivery₹25 lakh, buy + sell₹17,362.03₹5,632.835paisa by ₹11,729.20
Equity intraday₹5 lakh, buy + sell₹201.01₹224.61Kotak Neo by ₹23.60
Equity intraday₹25 lakh, buy + sell₹910.63₹934.23Kotak Neo by ₹23.60
Equity futures₹25 lakh contract, buy + sell₹1,437.47₹1,461.07Kotak Neo by ₹23.60
Equity options₹25,000 premium, 5 lots, buy + sell₹82.87₹106.47Kotak Neo by ₹23.60
Equity options₹1 lakh premium, 20 lots, buy + sell₹260.69₹284.29Kotak Neo by ₹23.60

Rate cards side by side

ChargeKotak Neo Trade Free (30+)5paisa
Equity delivery0.2% of trade value₹20 per order
Equity intraday₹10 or 0.05% (whichever is lower)₹20 per order
Equity futures₹10 per order₹20 per order
Equity options₹10 per order₹20 per order
Currency futures₹10 per order₹20 per order
Currency options₹10 per order₹20 per order
Commodity futures₹10 per order₹20 per order
Commodity options₹10 per order₹20 per order
DP charge per sellNot published₹23.60
Demat AMCnot on plan pageSlab-based

Check before you choose

Kotak Neo

  • ₹10 on intraday and F&O, but delivery is 0.20% with no cap: ₹200 on a ₹1 lakh buy.
  • Existing clients pay ₹499 + GST to switch to this plan. Under 30? Trade Free Youth has ₹0 delivery.
  • DP charges are on a separate demat schedule, so they are not included here.

5paisa

  • Flat ₹20 on every segment, including delivery.
  • Demat AMC free in year one, then depends on holding value and months traded.
  • Auto square-off and call & trade: ₹20 extra per order.

Common questions

Which is cheaper, Kotak Neo or 5paisa?

Kotak Neo is cheaper for intraday, futures, options, currency futures, currency options, commodity futures and commodity options, and 5paisa for delivery. On a ₹1 lakh delivery buy and sell, Kotak Neo costs ₹694.48 and 5paisa ₹293.28 including taxes. Kotak Neo does not publish a DP charge, so its total leaves it out. Rates checked 31 Oct 2026.

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