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5paisa Vs Zerodha Share Broker Comparison

The side-by-side comparison of 5paisa Capital Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and Zerodha.

	5paisa Capital Ltd	Zerodha
	5paisa Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	5paisa is a Mumbai based discount stock broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016. India Infoline, the...	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...
Type of Broker	Discount Broker	Discount Broker
Supported Exchnage	NSE, BSE	NSE, BSE, MCX and NCDEX
Account Type	Standard Account	Standard Plan
Broker Enquiry

Stock Broker Fees / Charges

	5paisa Capital Ltd	Zerodha
Trading Account Opening Fees	₹650	₹300
Trading Account AMC	₹0 (Free)	₹0 (Free)
Demat Account Opening Fees	₹0 (Free)	₹100
Demat Account AMC	₹400	₹300
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	5paisa Capital Ltd	Zerodha
Account Type	Standard Account	Standard Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹10 per trader	₹0 (Free)
Equity Intraday Brokerage	₹10 per trader	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹10 per trader	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹10 per trader	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹10 per trader	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹10 per trader	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	NA	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	₹10 per trade	₹0
Other Brokerage Charges		Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹100 per call (any number of trades in a call)	₹20 per executed order

Taxes

	5paisa Capital Ltd	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) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)	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) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges	Check table below	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Transaction Charges

	5paisa Capital Ltd	Zerodha
Equity Delivery	₹325 per crore (0.00325%)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Intraday	₹325 per crore (0.00325%)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Futures	₹210 per crore (0.0021%)	NSE ₹210 per crore \| BSE ₹1 per trade (each side)
Equity Options	₹5100 per crore (on premium) (0.051%)	NSE ₹5300 per crore \| BSE ₹1 per trade (each side)
Currency Futures	₹210 per crore (0.0021%)	NSE ₹135 per crore (0.00135%)
Currency Options	₹5100 per crore (on premium)(0.051%)	NSE ₹4400 (on premium) per crore (0.044%)
Commodity	NA	Non-Agri ₹360 (0.0036%) \| Agri ₹275 per Crore

Exposure

	5paisa Capital Ltd	Zerodha
Equity Delivery	Up to 3.5 times	1x (no margin)
Equity Intraday	Up to 12 times	Up to 20x (based on the stock)
Equity Futures	Intra-day 2 times \| Delivery: 1 time	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intra-day 1 time \| Delivery: 1 time	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Intra-day 1 time \| Delivery: 1 time	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intra-day 1 time \| Delivery: 1 time	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity	NA	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span

Share Broker Features

	5paisa Capital Ltd	Zerodha
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station	Kite Web, Kite Android/iOS, Pi, Coin
Intraday Square-off Time	3:10 PM	3:10 PM
Other Features		Direct Mutual Funds

Broker Ratings (Average User Rating)

	5paisa Capital Ltd	Zerodha
	36 Customer Reviews	322 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	5paisa is Rated 3.0 / 5 based on 36 customer reviews	Zerodha is Rated 3.8 / 5 based on 322 customer reviews

Contact Broker / Request A Call Back

	5paisa Capital Ltd	Zerodha
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

	5paisa Capital Ltd	Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, Mutual Funds

Customer Service Offered

	5paisa Capital Ltd	Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	5paisa Capital Ltd	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

	5paisa Capital Ltd	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Suitable for Investor Category

	5paisa Capital Ltd	Zerodha
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	5paisa Capital Ltd	Zerodha
Pros	Discount broker offering cheaper brokerage services. Pay just Rs 10 per order. Flat fee brokerage. No more worries about size of the trade. Free trading software's including mobile app and trading terminal. More Advantages...	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms made available for free to all its customers. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. 10% referral credit for reffering new customers. Direct Mutual Fund Investment is available. Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX. More Advantages...
Cons	5Paisa offers lower margin in comparison to other discount brokers. Equity Intra-day margin is up to 8x (Zerodha offers up to 20x). Commodity trading at MCX and NCDEX is not available. Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Higher exchange turnover charges in comparison to other popular discount stock brokers. Higher demat debit charges (₹25 per transaction) More Disadvantages...	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 20 order. Doesn't provide options to invest in IPO, Bond and NCD's public offers. Margin funding is not available. GTC/GTD not available in Equity. More Disadvantages...
Reviews		Useful Articles about Zerodha: Frequent Asked Questions about Zerodha The cost of share trading with Zerodha Flat Fee Stock Trading Broker in India Zerodha Fund Transfer (Deposit & Withdrawal) RKSV Vs Zerodha - Comparison of Brokerage Charges, Fees and Taxes
Promo / Offers	Free - Mutual Fund Account + 1st year Demat AMC Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order. Get this limited time offer	Truly free equity delivery trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
	Enquire about 5paisa	Enquire about Zerodha
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