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5paisa Vs Zerodha (Compare 5paisa and Zerodha)

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

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5paisa Vs Zerodha

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

  5paisa Zerodha
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE NSE, BSE, MCX and NCDEX
Year of Incorporation 1996 2010
Number of Branches 1 22
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200. 5paisa Demat Account AMC Charges is Rs 300 and Zerodha Demat Account AMC Charges is Rs 300.

  5paisa Zerodha
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 300

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5paisa Vs Zerodha Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type 5paisa Regular Account Plan Zerodha Flat Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 20 per executed order Rs 0 (Free)
Equity Intraday Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per executed order
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 without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

5paisa Vs Zerodha Brokerage Plan 2

  5paisa Zerodha
Account Type Power Investor Pack Flat Brokerage Plan
Fixed Charges Rs 599 per month
Equity Delivery Rs 10 per executed order Rs 0 (Free)
Equity Intraday Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order
Currency Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order
Commodity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 10 per executed order Rs 20 per executed order
Open 5paisa AccountOpen Zerodha Account

5paisa Vs Zerodha Brokerage Plan 3

  5paisa Zerodha
Account Type Ultra Trader Pack Flat Brokerage Plan
Fixed Charges Rs 1199 per month
Equity Delivery Rs 10 per executed order Rs 0 (Free)
Equity Intraday Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order
Currency Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order
Commodity Futures Rs 10 per executed order Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 10 per executed order Rs 20 per executed order
Open 5paisa AccountOpen Zerodha Account

5paisa Charges Vs Zerodha

Minimum Brokerage Rs 20 per trade 0.03% in Intraday and F&O
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 50 per executed order

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5paisa Vs Zerodha Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  5paisa Zerodha
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026% Group A - Rs 260 per Cr (0.0026%)
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  5paisa Zerodha
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open 5paisa AccountOpen Zerodha Account

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Compare 5paisa and Zerodha Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

  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 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 Mobile for Android/iOS and Coin
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed? Yes
Referral Program Yes Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
Open 5paisa AccountOpen Zerodha Account

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5paisa Vs Zerodha Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas Zerodha is rated 3.7 of 5 based on 476 customer reviews.

  5paisa Zerodha
  94 Customer Reviews    Rate 5paisa 476 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
Research Capabilities 2.4 2.8
Overall Ratings Rated 2.6 stars Rated 3.7 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews Zerodha is rated 3.7 of 5 based on 476 customer reviews

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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 without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

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5paisa Vs Zerodha Investment Options

  5paisa Zerodha
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Order Type Offered

  5paisa Zerodha
Bracket Order Yes No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open 5paisa AccountOpen Zerodha Account

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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 Yes
Active Investor Yes Yes
Trader Yes Yes

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5paisa Vs Zerodha - Pros and Cons

  5paisa Zerodha
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 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.
  • NRI Trading and Demat Account is not available.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
Reviews
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 stock trading and mutual funds

  • Brokerage-free share delivery trades 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 an instant Zerodha account online and start trading today.

Open 5paisa AccountOpen Zerodha Account

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 Rs 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

    Rs 0 on equity delivery per executed order

    Rs 10 per executed

    Trading Account Opening Fees

    Rs 200

    Rs 0 (Free)

    Demat Account AMC

    Rs 300 yearly

    Rs 300 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

    Rs 0

    Rs 100 per call

    Call & Trade

    Rs 50 per executed order

    Rs 100 per executed order

     

  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

    Rs 0 (Free)

    Rs 300

    Equity Delivery Brokerage

    Flat Rs 20 per executed order

    Rs 0 (Free)

    Intraday and F&O Brokerage

    Flat Rs 20 per executed order

    Flat Rs 20 per executed order

    Minimum Brokerage

    Flat Rs 20 per executed order

    None

    Demat Account AMC

    Rs 300 yearly

    Rs 300 yearly

    Demat Debit Transaction Fee

    0.025% (minimum Rs 25 per transaction)

    Rs 13.5 per scrip

    Call & Trade

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

    Rs 50 per order

    Mutual Fund Brokerage

    Rs 20 per order

    Rs 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

     

  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.

     


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