5paisa Vs Zerodha (Compare 5paisa and 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 ... Know more about 5paisa Capital Ltd


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... 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 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
Exchnage Membership NSE, BSE NSE, BSE, MCX and NCDEX
Account Type Optimum Flat Brokerage Plan
Year of Incorporation 1996 2010
Number of Branches 900 22
Open an Online Trading Account with 5paisa.Open an Online Trading Account with Zerodha.
Open 5paisa AccountOpen Zerodha Account
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5paisa Vs Zerodha Charges & AMC

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
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5paisa Vs Zerodha Brokerage Charges & Plans

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.

  5paisa Zerodha
Account Type Optimum 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 or .03% whichever is lower
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 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. Open Instant Account with 5paisa and start trading today.
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

5paisa Vs Zerodha Brokerage Plan 2

  5paisa Zerodha
Account Type Platinum Flat Brokerage Plan
Fixed Charges Rs 499 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 2 per lot 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 or .03% whichever is lower
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 or .03% whichever is lower
Open 5paisa AccountOpen Zerodha Account

5paisa Vs Zerodha Brokerage Plan 3

  5paisa Zerodha
Account Type Titanium Flat Brokerage Plan
Fixed Charges Rs 1000 per month
Equity Delivery Rs 0 (Free) 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 2 per executed lot 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 or .03% whichever is lower
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 or .03% whichever is lower
Open 5paisa AccountOpen Zerodha Account

5paisa Charges Vs Zerodha

Minimum Brokerage Rs 20 per trade 0.03% in Intraday and F&O
Other 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
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5paisa Vs Zerodha Transaction Charges

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%)
Open 5paisa AccountOpen Zerodha Account
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5paisa Vs Zerodha Leverage (Margin)

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
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
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
Open 5paisa AccountOpen Zerodha Account
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5paisa Vs Zerodha Review

5paisa is rated 2.6 of 5 based on 80 customer reviews whereas Zerodha is rated 3.7 of 5 based on 422 customer reviews.

  5paisa Zerodha
  80 Customer Reviews    Rate 5paisa 422 Customer Reviews    Rate Zerodha
Fees 3.0 3.7
Brokerage 3.7 4.3
Trading Platform 2.7 3.6
Customer Service 2.1 3.4
Research Capabilities 2.0 2.8
Overall Ratings Rated 2.6 stars Rated 3.7 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 80 customer reviews Zerodha is rated 3.7 of 5 based on 422 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Zerodha Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
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5paisa Vs Zerodha Investment Options

  5paisa Zerodha
Stock / Equity Yes Yes
Commodity No 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 Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No 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.
  • 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.
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • 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
  • 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.
  • Higher demat debit charges (Rs 25 per transaction)
  • NRI Trading and Demat Account is not available.
  • Doesn't offer commodity trading.
  • 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.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.

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery 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 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 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

     

  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 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

     

  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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