The side-by-side comparison of 5paisa and Zerodha. Compare 5paisa Vs Zerodha brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best 5paisa vs Zerodha?
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 ...
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 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 |
Supported Exchnages | NSE, BSE | NSE, BSE, MCX and NCDEX |
Account Type | Optimum | Flat Brokerage Plan |
Year of Incorporation | 1996 | 2010 |
Number of Branches | 900 | 22 |
Broker Enquiry |
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Enquire 5paisa | Enquire Zerodha |
5paisa trading account opening charges is Rs 0 while Zerodha account opening changes is Rs 200. 5paisa Demat Account AMC Charges is Rs 540 (charged as Rs 45 per traded month) and Zerodha Demat Account AMC Charges is Rs 300.
5paisa | Zerodha | |
---|---|---|
Trading Account Opening Charges | Rs 0 | 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 540 (charged as Rs 45 per traded month) | Rs 300 |
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.
5paisa | Zerodha | |
---|---|---|
Account Type | Optimum | Flat Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 20 per executed order | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Get the offer |
Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
5paisa | Zerodha | |
---|---|---|
Account Type | Platinum | Flat Brokerage Plan |
Fixed Charges | Rs 499 per month | |
Equity Delivery Brokerage | Rs 10 per executed order | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 2 per lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Enquire 5paisa | Enquire Zerodha |
5paisa | Zerodha | |
---|---|---|
Account Type | Titanium | Flat Brokerage Plan |
Fixed Charges | Rs 1000 per month | |
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Futures Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Options Brokerage | Rs 2 per executed lot | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Currency Options Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Futures Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Options Trading Brokerage | Rs 10 per executed order | Rs 20 per executed order or .03% whichever is lower |
Enquire 5paisa | Enquire Zerodha |
Minimum Brokerage Charges | Rs 20 per trade | 0.03% in Intraday and F&O |
Other Brokerage Charges | Direct MF Investment: Rs 20 per order | 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 |
5paisa transaction charges for options is Rs 5100 per crore (0.051%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
5paisa | Zerodha | |
---|---|---|
Equity Delivery | Rs 325 per crore (0.00325%) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Intraday | Rs 325 per crore (0.00325%) | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) |
Equity Futures | Rs 210 per crore (0.0021%) | NSE Rs 200 per Cr (0.002%) |
Equity Options | Rs 5100 per crore (0.051%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
Currency Futures | Rs 210 per crore (0.0021%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) |
Currency Options | Rs 5100 per crore (0.051%) (on premium) | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | |
Enquire 5paisa | Enquire Zerodha |
5paisa provides the margin of Up to 20x for intraday trades whereas the Zerodha margin for intraday cash is Up to 20x (based on the stock).
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 | ||
Enquire 5paisa | Enquire Zerodha |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 |
Other Features | Direct Mutual Funds, APIs for Algo Trading | |
Referral Program | ![]() |
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Enquire 5paisa | Enquire Zerodha |
5paisa is rated 2.6 of 5 based on 77 customer reviews whereas Zerodha is rated 3.7 of 5 based on 416 customer reviews.
5paisa | Zerodha | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire 5paisa | Enquire Zerodha |
5paisa | Zerodha | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | 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. Get this limited time offer |
Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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. |
Enquire 5paisa | Enquire Zerodha |
Zerodha and 5paisa are leading discount brokers in India. Zerodha is more popular and superior in many factors including:
Here's a comparison between the two on a few major points:
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 650 |
Demat Account AMC |
Rs 300 yearly |
Rs 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 |
Rs 0 |
Rs 100 per call |
Call & Trade |
Rs 20 per executed order |
Rs 100 per executed order |
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 650 |
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 540 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 20 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 |
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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