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5paisa Vs Zerodha (Compare 5paisa and Zerodha)

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

Find out 5paisa Vs Zerodha which is better and 5paisa Vs Zerodha which is best.

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

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5paisa Vs Zerodha

  5paisa Zerodha
Find more info about broker
5paisa Capital Ltd Logo Zerodha Logo
About the Broker 5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2... Know more about 5paisa Capital Ltd Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... Know more about Zerodha
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE NSE, BSE, MCX and NCDEX
Account Type Optimum Flat Brokerage Plan
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.
Year of Incorporation 1996 2010
Number of Branches 900 22
Enquire 5paisa Enquire Zerodha
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5paisa Vs Zerodha Charges

  5paisa Zerodha
Trading Account Opening Fees ₹650 ₹200
Trading Account AMC ₹0 (Free) ₹0 (Free)
Demat Account Opening Fees ₹0 (Free) ₹0
Demat Account AMC ₹540 (Free with Subscription Plan) ₹300
Demat Account is Mandatory? No No
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5paisa Vs Zerodha Brokerage

Brokerage Plan 1

  5paisa Zerodha
Account Type Optimum Flat Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹20 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹20 per executed order ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower
Special Offer
Special Offer: FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Plan 2

  5paisa Zerodha
Account Type Platinum Flat Brokerage Plan
Fixed Charges ₹499 per month
Equity Delivery Brokerage ₹10 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹2 per lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Brokerage Plan 3

  5paisa Zerodha
Account Type Titanium Flat Brokerage Plan
Fixed Charges ₹1000 per month
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Equity Options Brokerage ₹2 per executed lot ₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage ₹10 per executed order ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹20 per trade ₹0
Other Brokerage Charges Direct MF Investment: ₹20 per order 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
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5paisa Vs Zerodha Taxes

  5paisa Zerodha
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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5paisa Vs Zerodha Transaction Charges

  5paisa Zerodha
Equity Delivery ₹325 per crore (0.00325%) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday ₹325 per crore (0.00325%) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures ₹210 per crore (0.0021%) NSE ₹190 per Cr (0.0019%)
Equity Options ₹5100 per crore (0.051%) (on premium) NSE ₹5000 per Cr (0.05%)
Currency Futures ₹210 per crore (0.0021%) NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options ₹5100 per crore (0.051%) (on premium) NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity Group A - ₹260 per Cr (0.0026%)
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5paisa Vs Zerodha Exposure Margin

  5paisa Zerodha
Equity Delivery Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x) 1x (no margin)
Equity Intraday Up to 20x Up to 20x (based on the stock)
Equity Futures Intra-day: 3.5x | Carry forward: 1x (no margin) Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Intra-day: 1x | Carry forward: 1x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Intra-day: 1 time | Carry forward: 1x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Intra-day: 1x | Carry forward: 1x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
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5paisa and Zerodha Feature Comparison

  5paisa Zerodha
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM 3:10 PM
Other Features Direct Mutual Funds, APIs
Referral Program Yes
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5paisa Vs Zerodha Review

  5paisa Zerodha
  57 Customer Reviews    Rate 5paisa 365 Customer Reviews    Rate Zerodha
Fees 3.0 3.8
Trading Brokerage 3.9 4.4
Trading Platform Usability 2.8 3.6
Customer Service 2.2 3.5
Research Capabilities 1.0 2.3
Overall Ratings Rated 2.8 stars Rated 3.7 stars
Broker Rating 5paisa is Rated 2.8 / 5 based on 57 customer reviews Zerodha is Rated 3.7 / 5 based on 365 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Zerodha Enquire
Contact Broker

FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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5paisa Vs Zerodha Investment Options

  5paisa Zerodha
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds, Insurance
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5paisa Vs Zerodha Customer Service

  5paisa Zerodha
24/7 Customer Service No No
Onine Live Chat No No
Through Branches No No
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5paisa Vs Zerodha Order Type Offered

  5paisa Zerodha
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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5paisa Vs Zerodha Research Report

  5paisa Zerodha
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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5paisa Vs Zerodha Suitable For Investor Type

  5paisa Zerodha
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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5paisa Vs Zerodha - Advantages and Disadvantages

  5paisa Zerodha
Pros
  • Flat fee brokerage. Pay just ₹20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Up to 4 times exposure in Equity Delivery Trading.
  • Up to 20 times exposure in Equity Intraday Trading.
  • 3.5 times exposure in Derivatives Intraday Trading.

More Advantages...

  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.

More Advantages...

Cons
  • Call & Trade is charged at ₹100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • Higher demat debit charges (₹25 per transaction)
  • NRI Trading and Demat Account is not available.
  • Doesn't offer commodity trading.

More Disadvantages...

  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹20 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free Demat account.

More Disadvantages...

Reviews
Promo / Offers

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

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

Get this limited time offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Frequently Asked Questions

  1. 1. Which is better Zerodha vs 5paisa?

    Zerodha and 5paisa are leading discount brokers in India. Zerodha is more popular and superior in many factors including:

    • Zerodha trading platform Kite is way more superior.
    • Zerodha doesn't change when you call customer service for a problem you are facing. 5paisa change ₹100 per call even if it's an error on their side.
    • Zerodha management has a much more clear vision and proven track record.
    • Zerodha is a debt-free company.
    • Zerodha is profitable from day 1st year of its service. 5paisa is yet to show profitability.

    Here's a comparison between the two on a few major points:

    Zerodha Vs 5Paisa

    Consideration

    Zerodha

    5paisa

    Incorporation

    2010

    1996

    Exchange Supported

    NSE, BSE, MCX, NCDEX

    NSE, BSE, MCX, NCDEX

    Minimum Brokerage

    ₹0 on equity delivery per executed order

    ₹10 per executed

    Trading Account Opening Fees

    ₹200

    ₹650

    Demat Account AMC

    ₹300 yearly

    ₹540 yearly

    Trading Platform

    Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile

    5paisa Trade Station

    Research Services

    No

    Yes (at extra cost)

    Customer Service Call

    ₹0

    ₹100 per call

    Call & Trade

    ₹20 per executed order

    ₹100 per executed order

    Discuss this question

  2. 2. Which is better 5paisa vs Zerodha?

    5paisa and Zerodha are both leading discount brokers offering online trading services. Both have their pros and cons. Here's a comparison of both:

    5paisa Vs Zerodha

     

    5Paisa

    Zerodha

    Account Opening Fee

    ₹650

    ₹300

    Equity Delivery Brokerage

    Flat ₹20 per executed order

    ₹0 (Free)

    Intraday and F&O Brokerage

    Flat ₹20 per executed order

    Flat ₹20 per executed order

    Minimum Brokerage

    Flat ₹20 per executed order

    None

    Demat Account AMC

    ₹540 yearly

    ₹300 yearly

    Demat Debit Transaction Fee

    0.025% (minimum ₹25 per transaction)

    ₹13.5 per scrip

    Call & Trade

    ₹100 per call (any number of trades in a call)

    ₹20 per order

    Mutual Fund Brokerage

    ₹20 per order

    ₹0 (Free)

    Trading Platform

    Trade Station is an average trading platforms

    Kite is the best trading platform in the industry.

    Trading Terminal

    Available

    Not-available

    Research & Advisory Services

    Available (at extra cost)

    Not-available

    Discuss this question

  3. 3. Which is best 5paisa vs Zerodha?

    For casual investors or frequent traders, Zerodha offers better pricing, trading platform, online tools, customer service, learning tools and overall better experience in comparison to 5paisa. The services offered by both brokers are very similar. Both offer trading in equity, commodity and currency on BSE, NSE and MCX, demat account with CDSL and direct mutual funds.

    Note: 5paisa offers research and advisory services (at extra cost) which Zerodha doesn't provide.

    Discuss this question

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