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
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
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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 ₹0 (Free) ₹0
NRI Demat Account AMC ₹540 (Free with Subscription Plan) ₹300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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5paisa Vs Zerodha NRI Account Brokerage Comparison

Brokerage Plan

  5paisa Zerodha
Account Type NA NRI Account
Equity Delivery NA ₹200 per executed order
Equity Futures NA ₹100 per executed order
Equity Options NA ₹100 per executed order

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges NA
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 ₹15 per Crore ₹15 per 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 Exposure Margin

  5paisa Zerodha
Equity Delivery 1x (100%)
Equity Futures 1x (100%)
Equity Options 1x (100%)
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5paisa and Zerodha NRI Account Feature Comparison

  5paisa Zerodha
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features
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5paisa Vs Zerodha NRI Account Review

  5paisa Zerodha
  59 Customer Reviews    Rate 5paisa 369 Customer Reviews    Rate Zerodha
Fees 3.1 3.8
Brokerage 3.9 4.3
Trading Platform 2.8 3.6
Customer Service 2.2 3.5
Overall Rating Rated 2.9 stars Rated 3.7 stars
Broker Rating 5paisa is Rated 2.9 / 5 based on 59 customer reviews Zerodha is Rated 3.7 / 5 based on 369 customer reviews
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Contact Broker / Request A Call Back

  5paisa Zerodha
Contact Broker
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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
Customer Care Email NA nridesk@zerodha.com
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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 No
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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 ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹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, Axis Bank, and Yes 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, Axis Bank, and Yes 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.

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