Broker comparison
Kotak Neo (Kotak Securities) vs 5paisa (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Kotak Neo (Kotak Securities) and 5paisa from published official pricing and features — no affiliation with either broker.
| Metric | Kotak Neo (Kotak Securities) | 5paisa |
|---|---|---|
| Delivery brokerage | Plan-based - see official pricing (Trade Free plans) | ₹20 per order (flat) |
| Intraday brokerage | ₹20 per order or lower on current Trade Free plans - see official pricing | ₹20 per order (flat) |
| F&O brokerage | Plan-based - see official pricing | ₹20 per order (flat) |
| AMC | See official pricing page | ₹0 for BSDA; up to ₹300 + GST per year on higher holdings |
| Account opening | Free (online) | Free (online) |
| Trading API | Kotak Neo Trade API — See official API page | 5paisa Xtream API — See official developer page |
| Reported execution speed | ≈ 80 ms (median) | ≈ 85 ms (median) |
| Algo support | Yes - via Neo Trade API | Yes - via Xtream API |
| Platforms | Kotak Neo app, Kotak Neo web, NEST terminal | 5paisa app, 5paisa web, FnO 360 |
| Best for (published) | Kotak Bank customers wanting integrated broking with research. | 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
Both publish execution-speed figures (Kotak Neo (Kotak Securities): ≈ 80 ms (median); 5paisa: ≈ 85 ms (median)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Kotak Neo (Kotak Securities) full profile
- 5paisa full profile
- Kotak Neo (Kotak Securities) brokerage calculator
- 5paisa brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Kotak Neo (Kotak Securities) vs 5paisa: which has lower delivery brokerage?
At our last review, Kotak Neo (Kotak Securities) published delivery brokerage as "Plan-based - see official pricing (Trade Free plans)" 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 Kotak Neo (Kotak Securities) or 5paisa have a trading API?
Both have documented APIs at review time: Kotak Neo (Kotak Securities) (Kotak Neo Trade API), 5paisa (5paisa Xtream API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Kotak Neo (Kotak Securities) or 5paisa?
Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median); 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
- Kotak Neo (Kotak Securities) - official website - https://www.kotaksecurities.com
- Kotak Neo (Kotak Securities) - official pricing - https://www.kotaksecurities.com/pricing/
- 5paisa - official website - https://www.5paisa.com
- 5paisa - official pricing - https://www.5paisa.com/pricing