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5paisa Vs Zerodha NRI Account Comparison

The side-by-side comparison of 5paisa and Zerodha NRI Account. Compare 5paisa Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and 5paisa NRI Account reviews.

Find out 5paisa Vs Zerodha which is better NRI Trading Account. See 5paisa Vs Zerodha which is best NRI Demat Account.

Our 5paisa Capital Ltd comparison with Zerodha highlights the major differences between two brokers. Find the best between 5paisa and Zerodha NRI Account.

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5paisa Vs Zerodha

  5paisa Zerodha
 
  5paisa Capital Ltd Logo Zerodha Logo
About the Broker 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ... Know more about 5paisa Capital Ltd Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
Account Type NA NRI Account
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

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5paisa Vs Zerodha Charges

  5paisa Zerodha
NRI Account Opening Fees NA ₹500
NRI Account AMC NA ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 300 Rs 300
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha NRI Account Brokerage Comparison

Account Type 5paisa NA Zerodha NRI Account
Equity Delivery NA ₹100 per trade (non-PIS), ₹200 per trade (PIS)
Equity Futures NA ₹100 per trade (non-PIS), ₹200 per trade (PIS)
Equity Options NA ₹100 per trade (non-PIS), ₹200 per trade (PIS)
Open 5paisa AccountOpen Zerodha Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges NA Demat Account AMC: ₹300 yearly
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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5paisa Vs Zerodha NRI Account Taxes/Fees

  5paisa Zerodha
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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5paisa Vs Zerodha NRI Account Margin

  5paisa Margin Zerodha Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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5paisa and Zerodha NRI Account Features

  5paisa Zerodha
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha NRI Account Review

  5paisa Review Zerodha Review
  93 Customer Reviews    Rate 5paisa 466 Customer Reviews    Rate Zerodha
Fees 2.9 3.7
Brokerage 3.5 4.2
Trading Platform 2.7 3.6
Customer Service 2.1 3.4
Overall Rating Rated 2.6 stars Rated 3.7 stars
Broker Rating 5paisa is Rated 2.6 / 5 based on 93 customer reviews Zerodha is Rated 3.7 / 5 based on 466 customer reviews
Open 5paisa AccountOpen Zerodha Account

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Contact Broker / Request A Call Back

  5paisa Enquire Zerodha Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
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5paisa Vs Zerodha NRI Investment Options

  5paisa Zerodha
Stocks No Yes
Initial Public Offers (IPO) No No
Mutual Funds No No
Other Investment Options

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5paisa Vs Zerodha NRI Customer Service

  5paisa Zerodha
Customer Care Number NA +91 80 4718 1888
Customer Care Email NA nridesk@zerodha.com
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha Order Type Offered for NRI Account

  5paisa Zerodha
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No Yes

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5paisa Vs Zerodha - NRI Account Advantages and Disadvantages

  5paisa Zerodha
Pros
  1. Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
Cons
  • 5paisa does not offer NRI trading and demat account.
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
Conclusion

5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Zerodha Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

Open 5paisa AccountOpen Zerodha Account

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