Navia vs 5paisa: A Complete Broker Comparison
Choosing a stock broker involves evaluating brokerage charges, account fees, trading platforms, investment products and service features. Navia Markets and 5paisa are both SEBI-registered discount brokers operating in the Indian securities market. This article provides a factual comparison based on their respective published tariff schedules and official websites, as available on 27 July 2026.
The comparison covers brokerage rates, account charges, available products and platform features. Where the two brokers differ, both sides are presented. Readers should verify current information directly from each broker before making any decision.
💡 Quick Answer
Navia and 5paisa are both SEBI-registered discount brokers with different pricing models. As on 27 July 2026, Navia’s current plan offers ₹0 brokerage across equity delivery, intraday and F&O with no stated expiry and ₹0 demat AMC; 5paisa offers ₹0 brokerage for 30 days, then ₹20 per executed order, and offers currency derivatives, a lower MTF starting rate and lower Call & Trade charges. Compare both against your own trading pattern before deciding.
- Comparison Table: Navia vs 5paisa
- Brokerage Structure
- Brokerage Cost Illustration
- Other Charges and Features
- What to Consider Before Choosing a Broker
- Summary of Key Facts
- Conclusion
- Frequently Asked Questions
Comparison Table: Navia vs 5paisa
The following table is compiled from the official websites and published tariff schedules of Navia Markets Limited and 5paisa as on 27 July 2026.
| Parameter | Navia | 5paisa |
|---|---|---|
| Equity delivery brokerage | ₹0, for life | ₹0 for 30 days, then ₹20/order |
| Equity intraday brokerage | ₹0, for life | ₹0 for 30 days, then ₹20/order |
| F&O brokerage | ₹0, for life | ₹0 for 30 days, then ₹20/order |
| Demat AMC | ₹0, for life | ~₹354/year after free period |
| DP charge (sell side) | 0.03%, min ₹30, max ₹300 + GST | ₹20/scrip + GST |
| Call & Trade | ₹50 + GST | ₹20 + GST |
| MTF interest rate | From 14.99% p.a. | From 13.99% p.a. |
| Platforms | Web, desktop (EXE), app, API | Web, desktop (EXE, FnO360), app, API |
| Currency derivatives | Not currently offered | Available |
| Bonds | Yes, via BondVue integration | Yes, secondary market |
Source: Official websites of Navia Markets Ltd. and 5paisa. Information compiled on 27 July 2026. Charges, plans, products and features are subject to change without notice. Readers should verify current information directly from each broker.
Brokerage Structure
Based on the published tariff schedules available as on 27 July 2026: Navia’s current pricing plan offers ₹0 brokerage across equity delivery, intraday and F&O trades, with no stated expiry on this pricing. 5paisa’s introductory ₹0 brokerage offer is available for 30 days from account opening; its standard published tariff of ₹20 per executed order applies thereafter across the applicable segments.
Navia also charges ₹0 AMC on its demat account under its current plan. 5paisa charges approximately ₹354 per year after its initial free period, as per its published tariff schedule.
Readers should note that brokerage is one component of the total transaction cost. Statutory levies — including STT/CTT, GST, stamp duty, exchange transaction charges, SEBI turnover fees, clearing charges and depository charges — apply separately and are not covered by brokerage waivers at either broker.
Brokerage Cost Illustration
Note: The following illustrations are hypothetical examples based on the assumptions stated. They are not a projection, guarantee or prediction of actual costs or savings. Statutory charges including STT/CTT, GST, exchange transaction charges, SEBI turnover fees and stamp duty are applicable separately at both brokers and are not reflected in these figures. Actual costs will vary based on individual trading activity, the applicable plan and regulatory charges in force at the time of trading.
Illustration 1 — Equity Intraday Trader
Assumed trading activity: 20 intraday round-trip trades per month, each comprising 2 orders (buy and sell), resulting in 40 executed orders per month.
| Assumption | Navia (current plan) | 5paisa (standard tariff) |
|---|---|---|
| Orders per month | 40 orders | 40 orders |
| Brokerage rate applied | ₹0 per order | ₹20 per order (standard tariff) |
| Monthly brokerage (illustrative) | ₹0 | ₹800 |
| Annual brokerage (illustrative) | ₹0 | ₹9,600 |
Illustrative only. Based on 40 orders/month × 12 months at published rates as on 27 July 2026. Actual costs will vary.
Illustration 2 — Active F&O Trader
Assumed trading activity: 75 options round-trip trades per month, each comprising 2 orders (buy and sell), resulting in 150 executed orders per month.
| Assumption | Navia (current plan) | 5paisa (standard tariff) |
|---|---|---|
| Orders per month | 150 orders | 150 orders |
| Brokerage rate applied | ₹0 per order | ₹20 per order (standard tariff) |
| Monthly brokerage (illustrative) | ₹0 | ₹3,000 |
| Annual brokerage (illustrative) | ₹0 | ₹36,000 |
Illustrative only. Based on 150 orders/month × 12 months at published rates as on 27 July 2026. Actual costs will vary.
Other Charges and Features
DP Charges (Sell Side)
When selling shares from your demat account, both brokers apply a depository participant (DP) charge per transaction:
- Navia: 0.03% of transaction value, minimum ₹30, maximum ₹300, plus GST
- 5paisa: ₹20 per scrip, plus GST
The applicable charge depends on the transaction value. Investors should calculate the DP charge relevant to their transaction size at both brokers.
Call & Trade
- Navia: ₹50 per order, plus GST
- 5paisa: ₹20 per order, plus GST
Margin Trading Facility (MTF)
- Navia: Interest from 14.99% per annum
- 5paisa: Interest from 13.99% per annum
MTF interest rates are indicative and subject to change. Investors should verify current rates before using MTF.
Trading Platforms
- Navia: Web platform, desktop application (EXE), mobile application and API access
- 5paisa: Web platform, desktop applications (EXE and FnO360), mobile application and API access
Currency Derivatives
- Navia: Currency derivatives are not currently offered
- 5paisa: Currency derivatives are available
Investors who require currency derivative trading should factor this into their broker selection.
Bond Investments
- Navia: Bonds available through BondVue integration
- 5paisa: Bonds available through the secondary market
What to Consider Before Choosing a Broker
Brokerage is an important cost consideration for many traders, particularly those who trade frequently. However, it is one of several factors that investors may wish to evaluate:
- Brokerage charges and their applicable conditions
- AMC and account maintenance fees
- DP charges applicable to your typical transaction size
- Products available — equity, F&O, commodities, currency, bonds, mutual funds, IPO
- Trading platform features and ease of use
- MTF availability and interest rates if margin trading is required
- API access if algorithmic or automated trading is planned
- Customer service and support channels
Investors are encouraged to use a brokerage calculator to estimate charges based on their individual trading frequency and activity before making any decision. Product features, charges and plans at both brokers are subject to change.
Summary of Key Facts
Based on published tariff schedules and official websites as on 27 July 2026:
- Brokerage: Navia’s current plan — ₹0 brokerage with no stated expiry. 5paisa — ₹0 for 30 days, then ₹20 per executed order under its standard tariff.
- Demat AMC: Navia — ₹0. 5paisa — approximately ₹354 per year after the free period.
- Currency derivatives: Available at 5paisa. Not currently offered at Navia.
- Bonds: Available at both brokers through different channels.
- MTF interest: 5paisa’s published starting rate (13.99% p.a.) is lower than Navia’s (14.99% p.a.) as per current tariffs.
- Call & Trade: 5paisa’s published rate (₹20 + GST) is lower than Navia’s (₹50 + GST).
Conclusion
Navia and 5paisa follow different pricing models and offer different product features. Navia’s current plan offers ₹0 brokerage across eligible segments with no stated expiry and ₹0 AMC, along with bond access through BondVue. 5paisa offers currency derivatives, a lower MTF starting rate and lower Call & Trade charges as per its published tariffs, along with its own introductory brokerage period.
Investors should compare charges, available products and platform features based on their individual trading frequency, investment objectives and product requirements before selecting a broker. Charges and features at both brokers are subject to change; readers should verify the latest information directly from each broker before making any decision.
Key Takeaways
- The two brokers use different pricing models: Navia’s current plan offers ₹0 brokerage with no stated expiry, while 5paisa’s ₹0 brokerage applies for 30 days, after which its standard tariff of ₹20 per executed order applies.
- On demat AMC, Navia’s current plan is ₹0, while 5paisa charges approximately ₹354 per year after its initial free period.
- Statutory levies — STT/CTT, GST, stamp duty, exchange transaction charges, SEBI turnover fees, clearing and depository charges — apply separately at both brokers and are not covered by any brokerage waiver.
- 5paisa currently offers currency derivatives, which Navia does not, and publishes a lower MTF starting rate (13.99% p.a.) and a lower Call & Trade charge (₹20 + GST) than Navia.
- Charges, plans and product availability are subject to change — verify the latest tariffs directly with each broker before deciding, and review other broker comparisons if you are still shortlisting.
Frequently Asked Questions
Is 5paisa’s zero brokerage permanent?
Based on 5paisa’s published tariff as on 27 July 2026, the introductory ₹0 brokerage offer is available for 30 days. Standard charges of ₹20 per executed order apply thereafter under its standard plan. Readers should verify current terms directly from 5paisa.
How do brokerage charges differ for frequent traders?
Traders who execute a higher number of orders in a month will incur higher total brokerage at brokers that charge per order. The illustrations in this article show hypothetical cost scenarios based on different order volumes and the published tariff rates as on 27 July 2026. Actual costs will vary based on individual activity and applicable plan.
Does Navia offer bonds?
Yes. Navia offers bond investments through its BondVue integration as per information available on its official website.
Does Navia charge AMC on its demat account?
Based on Navia’s current published plan, the demat account AMC is ₹0. Readers should verify current terms directly from Navia.
Does 5paisa offer currency trading?
Yes. Based on publicly available information as on 27 July 2026, 5paisa offers currency derivative trading. Navia does not currently offer this product.
What DP charge does each broker apply?
Navia applies a DP charge of 0.03% of transaction value (minimum ₹30, maximum ₹300) plus GST on sell-side demat transactions. 5paisa applies ₹20 per scrip plus GST. The applicable charge depends on transaction size.
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DISCLAIMER: This comparison is based on information available on the official websites and published tariff schedules of Navia Markets Limited and 5paisa as on 27 July 2026. Brokerage plans, charges, products, features and promotional offers may change from time to time without notice. Readers should independently verify the latest information directly from the respective brokers before making any financial decision. This article is provided solely for informational and educational purposes and does not constitute investment advice, a recommendation to open an account with any broker, or a solicitation of any kind. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Full disclaimer: https://bit.ly/naviadisclaimer This article is published solely for informational purposes. Nothing in this comparison is intended to, or should be construed as, discrediting any SEBI-registered intermediary or making an unfair comparison.
