5paisa Vs Zerodha Share Broker Comparison
The side-by-side comparison of 5paisa Capital Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and Zerodha.
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5paisa Capital Ltd |
Zerodha |
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| About the Broker |
5paisa is a Mumbai based discount stock 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 Infoline, the...  |
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 Rs 20 per executed... |
Type of Broker
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Discount Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE |
NSE, BSE, MCX and NCDEX |
| Account Type
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Standard Account |
Standard Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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5paisa Capital Ltd |
Zerodha |
| Trading Account Opening Fees
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₹650 |
₹300 |
| Trading Account AMC
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₹0 (Free) |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 (Free) |
₹100 |
| Demat Account AMC
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₹400 |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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5paisa Capital Ltd |
Zerodha |
| Account Type |
Standard Account |
Standard Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trade |
₹0 (Free) |
| Equity Intraday Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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₹10 per trade |
₹20 per executed order or .01% whichever is lower |
Other Charges
| Minimum Brokerage Charges
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₹10 per trade |
₹0 |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
| Call & Trade Charges
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₹100 per call (any number of trades in a call) |
₹20 per executed order |
Taxes
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5paisa Capital Ltd |
Zerodha |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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5paisa Capital Ltd |
Zerodha |
| Equity Delivery
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₹325 per crore (0.00325%) |
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Intraday
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₹325 per crore (0.00325%) |
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Futures
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₹210 per crore (0.0021%) |
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Options
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₹5100 per crore (on premium) (0.051%) |
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) |
| Currency Futures
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₹210 per crore (0.0021%) |
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) |
| Currency Options
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₹5100 per crore (on premium)(0.051%) |
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) |
| Commodity
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NA |
Group A - ₹260 per Cr (0.0026%) |
Exposure
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5paisa Capital Ltd |
Zerodha |
| Equity Delivery
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Up to 3.5 times |
1x (no margin) |
| Equity Intraday
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Up to 20 times |
Up to 20x (based on the stock) |
| Equity Futures
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Intra-day 3 times | Delivery: 1 time |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Intra-day 1 time | Delivery: 1 time |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Intra-day 1 time | Delivery: 1 time |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intra-day 1 time | Delivery: 1 time |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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upto 2x |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
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5paisa Capital Ltd |
Zerodha |
| 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
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5paisa Trade Station |
Kite Web, Kite Android/iOS, Pi, Coin |
| Intraday Square-off Time
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3:10 PM |
3:10 PM |
| Other Features
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Direct Mutual Funds |
Broker Ratings (Average User Rating)
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5paisa Capital Ltd |
Zerodha |
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42 Customer Reviews  |
329 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
5paisa is Rated 2.9 / 5 based on 42 customer reviews |
Zerodha is Rated 3.8 / 5 based on 329 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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5paisa Capital Ltd |
Zerodha |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Mutual Funds |
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Customer Service Offered
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5paisa Capital Ltd |
Zerodha |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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5paisa Capital Ltd |
Zerodha |
| 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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Research / Tips / Reports Published
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5paisa Capital Ltd |
Zerodha |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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5paisa Capital Ltd |
Zerodha |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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5paisa Capital Ltd |
Zerodha |
| Pros
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- Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
- Flat fee brokerage. No more worries about size of the trade.
- Free trading software's including mobile app and trading terminal.
- 20 times exposure in Equity Intraday Trading.
- 3 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 Rs 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
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- 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.
More Disadvantages... |
- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Free - Mutual Fund Account + 1st year Demat AMC
Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order.
Get this limited time offer |
Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about 5paisa
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Enquire about Zerodha
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Zerodha
Zero Account Opening Fee