5paisa Vs Zerodha (Compare 5paisa and Zerodha)

5paisa Vs Zerodha

	5paisa	Zerodha
Find more info about broker	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review	Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO NRI Account Review
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...	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...
Type of Broker	Discount Broker	Discount Broker
Supported Exchnage	NSE, BSE	NSE, BSE, MCX and NCDEX
Account Type	Optimum	Flat Brokerage Plan
Broker Enquiry
Year of Incorporation	1996	2010
Number of Branches	900	22
	Enquire 5paisa	Enquire Zerodha

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

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)	₹50 per executed order

5paisa Vs Zerodha Taxes

	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) Currency Futures Nil Currency Options Nil Commodities 0.01% 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.

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%)

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

5paisa and Zerodha Feature Comparison

	5paisa	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 (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

5paisa Vs Zerodha Review

	5paisa	Zerodha
	59 Customer Reviews	369 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is Rated 2.9 / 5 based on 59 customer reviews	Zerodha is Rated 3.7 / 5 based on 369 customer reviews

5paisa Vs Zerodha Investment Options

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

5paisa Vs Zerodha Customer Service

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

5paisa Vs Zerodha Order Type Offered

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

5paisa Vs Zerodha Research Report

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

5paisa Vs Zerodha Suitable For Investor Type

	5paisa	Zerodha
Casual Investor
Active Investor
Trader

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 ₹50 order. Auto Square off is charged at extra ₹50 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.

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 1^st 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

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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

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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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