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5paisa Vs Dhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Dhan Max Rs 20 per trade. Both the brokers are Discount Brokers. 5paisa is having overall higher rating compare to Dhan. 5paisa is rated 4 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for 5paisa is 5,44,270 where number of active customer for Dhan is 4,34,798. 5paisa is serving more customer compare to Dhan.

Here we present side-by-side comparison of 5paisa vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Dhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Dhan's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Dhan on Service

  5paisa Compare
5paisa
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 5,44,270 4,34,798
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

Compare 5paisa vs Dhan on Trading & Demat Account Opening Charges

Comparison of 5paisa with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where 5paisa charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Dhan
Charges 5paisa Dhan
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Dhan on Plan Options

Plans are the most important feature you look when compare 5paisa with Dhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Dhan on Plan Options
Plan Types 5paisa Dhan
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Dhan on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare 5paisa with Dhan
Brokerage Charges Compare 5paisa Dhan
Plan Name Basic Plan Dhan Brokerage Plan
Equity Delivery Flat Fee Rs 20 Free
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA No
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 per order + GST
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare 5paisa vs Dhan on Transaction Charges

Compare 5paisa with Dhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Dhan
Transaction Charges Compare 5paisa Dhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr NA
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for dhan
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Account Features

Compare 5paisa vs Dhan on Account Features

Compare 5paisa with Dhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with Dhan
Account Features Compare 5paisa Dhan
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:20 PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Dhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Dhan
Trading Platform Compare 5paisa Dhan
Desktop Trading Platform 5paisaTradeStation Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Dhan App
Mobile Trading App Demo 5paisa Mobile App Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare 5paisa vs Dhan on User Rating

  5paisa Dhan
  27 Customer Reviews    Rate 5paisa 12 Customer Reviews    Rate Dhan
Fees Ratings 3.1 2.8
Trading Brokerage Rating 3.9 3.6
Trading Platform Usability 3.3 3.2
Customer Service Ratings 2.7 2.8
Overall Ratings 3.2 3.3
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare 5paisa vs Dhan on Investment Offerings

Compare 5paisa with Dhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - 5paisa offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Dhan
Investment Offerings Compare 5paisa Dhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Dhan on Order Types

Order Type - Compare 5paisa with Dhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Dhan offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Dhan
Order Type Compare 5paisa Dhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs Dhan on Customer Service

Compare 5paisa with Dhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Dhan
Customer Service Compare 5paisa Dhan
24/7 Customer Service 5paisa vs Dhan - 24x7 customer support No No
Email Support 5paisa vs Dhan - Email Support Yes Yes
Onine Live Chat 5paisa vs Dhan - Onine Live Chat No Yes
Phone Support 5paisa vs Dhan - Phone Support Yes Yes
Toll Free Number 5paisa vs Dhan - Toll Free Number No No
Through Branches 5paisa vs Dhan - Through Branches No No
Customer Care Number 5paisa vs Dhan - Customer Care Number +91 89766 89766 022-48906273
Account Opening Process 5paisa vs Dhan - Account Opening Process Online/Paperless Zero
Customer Support Email 5paisa vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Dhan - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://knowledge.dhan.co/support/home
Head Office Address 5paisa vs Dhan - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website 5paisa vs Dhan - Company Website https://www.5paisa.com/ https://dhan.co/
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Tips/Research/Reports Published

Compare 5paisa vs Dhan on Research Reports, Tips

Compare 5paisa with Dhan on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Dhan
  5paisa Dhan
Research Mutual Funds 5paisa vs Dhan - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs Dhan - Research Equity Reports Yes No
Research ETF 5paisa vs Dhan - Research ETF No No
Daily Market Report 5paisa vs Dhan - Daily Market Report Yes No
Free Tips 5paisa vs Dhan - Free Tips Yes No
Quarterly Result Analysis 5paisa vs Dhan - Quarterly Results No No
News Alerts 5paisa vs Dhan - Yes No
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Demat Account

Compare 5paisa vs Dhan on Demat Account

Compare 5paisa with Dhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Dhan is Zero where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Dhan is ₹12.5 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Dhan
  5paisa Dhan
DP Source CDSL CDSL
DP ID 5paisa vs Dhan - DP ID 82500 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Zero
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹12.5 per transaction
Demat ₹15 per certificate ₹250 per certificate + courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹250 per certificate + courier charges
Pledge Creation ₹12.50 per script ₹12.5 per transaction
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹12.50 per script ₹12.5 per transaction
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Dhan on Special Offers and Promotion

Compare 5paisa with Dhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Dhan on Special Offers and Promotion
  5paisa Dhan
Pay In and Pay Out Options 5paisa vs Dhan - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time 5paisa vs Dhan - Payout Time Max 24 hrs except bank holidays Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges 5paisa vs Dhan - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

Special Offers/Promo
Enquiry Open 5paisa Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-11T04:15:59+00:00