Broker comparison

Fyers vs 5paisa (2026): Brokerage, API, AMC & Execution Compared

Q: Fyers vs 5paisa: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and 5paisa as "₹20 per order (flat)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Fyers or 5paisa have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), 5paisa (5paisa Xtream API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Fyers or 5paisa?

Fyers publishes p99 < 7 ms (processing, self-reported); 5paisa publishes ≈ 85 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

Q: 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.

Side-by-side comparison of Fyers and 5paisa from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 9 July 2026 · Independent

Fyers vs 5paisa — published pricing and features (official sources at last review)
Metric	Fyers	5paisa
Delivery brokerage	₹0 (free)	₹20 per order (flat)
Intraday brokerage	₹20 or 0.03% per order (whichever is lower)	₹20 per order (flat)
F&O brokerage	₹20 per order (flat)	₹20 per order (flat)
AMC	₹0 (zero AMC)	₹0 for BSDA; up to ₹300 + GST per year on higher holdings
Account opening	Free (₹0 account opening)	Free (online)
Trading API	Fyers API — Free (per official API page)	5paisa Xtream API — See official developer page
Reported execution speed	p99 < 7 ms (processing, self-reported)self-reported	≈ 85 ms (median)
Algo support	Yes - free API; TradingView-based platform	Yes - via Xtream API
Platforms	Fyers app, Fyers Web, TradingView charts	5paisa app, 5paisa web, FnO 360
Best for (published)	Chart-driven and algorithmic traders who live in TradingView.	Cost-conscious traders comfortable with a subscription add-on model.

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.

What the published data shows

Fyers publishes free equity delivery; 5paisa does not (per official pricing at review). Both publish execution-speed figures (Fyers: p99 < 7 ms (processing, self-reported); 5paisa: ≈ 85 ms (median)) — methodologies differ; see each profile before comparing on speed alone.

Tools & profiles

Related comparisons

Frequently asked questions

Fyers vs 5paisa: which has lower delivery brokerage?

At our last review, Fyers published delivery brokerage as "₹0 (free)" and 5paisa as "₹20 per order (flat)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Fyers or 5paisa have a trading API?

Both have documented APIs at review time: Fyers (Fyers API), 5paisa (5paisa Xtream API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Fyers or 5paisa?

Fyers publishes p99 < 7 ms (processing, self-reported); 5paisa publishes ≈ 85 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

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

Fyers - official website - https://fyers.in
Fyers - official pricing - https://fyers.in/pricing/
5paisa - official website - https://www.5paisa.com
5paisa - official pricing - https://www.5paisa.com/pricing