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.
5paisa Vs Zerodha
5paisa
Zerodha
Find more info about broker
About the Broker
5paisa is a Mumbai based India's 2nd largest discount 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...
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
Standard Account
Standard 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)
₹100
Demat Account AMC
₹400
₹300
Demat Account is Mandatory?
No
No
5paisa Vs Zerodha Brokerage
Brokerage Plan 1
5paisa
Zerodha
Account Type
Standard Account
Standard Plan
Fixed Charges
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
₹10 per executed order
₹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
₹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
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%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
₹5100 per crore (0.051%) (on premium)
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
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 ₹4000 per Cr (0.04%) | 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
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time
3:10 PM
3:10 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
5paisa Vs Zerodha Review
5paisa
Zerodha
53 Customer Reviews
356 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
5paisa is Rated 2.8 / 5 based on 53 customer reviews Zerodha is Rated 3.8 / 5 based on 356 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
Discount broker offering cheaper brokerage services. Pay just ₹10 per order.
Flat fee brokerage. No more worries about size of the trade.
Free trading software's including 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 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 ₹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
Call & Trade is charged at ₹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)
NRI Trading and Demat Account is not available.
Doesn't offer Stock Research and Recommendations.
Doesn't offer commodity trading.
More Disadvantages...
Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra ₹20 order.
Margin funding is not available.
GTC/GTD not available in Equity.
More Disadvantages...
Reviews
Promo / Offers
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 ₹10 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.
Compare More Brokers
Zerodha
Zero Account Opening Fee