The brokerage of 5paisa Max Rs 10 per trade while the brokerage of Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. 5paisa is having overall lower rating compare to Zerodha. 5paisa is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5.
Here we present side-by-side comparison of 5paisa vs Zerodha 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 Zerodha'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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE||NSE, BSE, MCX-SX and MCX|
|Broker Overview||5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer...||With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv...|
In this section we have compared 5paisa with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 650 (Free Now Promotion Offer) for account opening where Zerodha charges Rs 200 for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 650 (Free Now Promotion Offer)||Rs 200|
|Demat Account Opening Fees||Free||Rs 100|
|Demat AMC||Rs 45 PM if Trade, else Zero||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare 5paisa with Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Account Opening Request|
5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 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.
Zerodha Brokerage Plan detail - Rs 20 flat plan from Zerodha is same for intraday, F&O equity, commodity and currency on NSE,BSE,MCX & MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the Maximum brokerage you need to pay for per executable order, so charges can be less as .01% (intraday equity & futures) whichever is lower. Equity Delivery is Free with Zerodha.
|Brokerage Charges Compare||5paisa||Zerodha|
|Plan Name||Flat Fee Rs 10 Trading Plan||Max Rs 20 Per Order Trading Plan|
|Equity Delivery||Flat Fee Rs 10||Free|
|Equity Intraday||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower|
|Equity Futures||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower|
|Equity Options||Flat Fee Rs 10||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 10||0.01% or Rs 20 whichever is lower|
|Currency Options||Flat Fee Rs 10||Flat Fee Rs 20|
|Commodity Trading||Flat Fee Rs 10||Flat Fee Rs 20|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||Rs 100 per call(No limit of orders)||Rs 20 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for 5paisa||Brokerage Calculator for Zerodha|
|SPAN Margin Calculator||SPAN Margin Calculator for 5paisa||SPAN Margin Calculator for Zerodha|
Compare 5paisa with Zerodha on transaction charges and PCM fee by segment.
|Transaction Charges Compare||5paisa||Zerodha|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 135 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4400 Per Cr|
|Commodity||NA||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for 5paisa||Complete Brokerage Plans for zerodha|
Compare 5paisa with Zerodha 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - Zerodha offers NRI where 5paisa doesn't offers NRI Trading.
|Account Features Compare||5paisa||Zerodha|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Zerodha. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
|Trading Platform Compare||5paisa||Zerodha|
|Desktop Trading Platform||5paisaTradeStation||Zerodha PI|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.5paisa.com/online-trading||https://kite.zerodha.com/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||5paisa Mobile App||Zerodha Kite|
|Mobile Trading App Demo||5paisa Mobile App Demo||Zerodha Kite Demo|
|Android Mobile App|
|Android App Download||Andriod 5paisa Mobile App Download||Andriod Zerodha Kite Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS 5paisa Mobile App Download||iOS Zerodha Kite Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for 5paisa||Equity Intraday and Delivery Brokerage Calculator for Zerodha|
|Futures Brokerage Calculator||Futures Brokerage Calculator for 5paisa||Futures Brokerage Calculator for Zerodha|
|Options Brokerage Calculator||Options Brokerage Calculator for 5paisa||Options Brokerage Calculator for Zerodha|
|Detail||Detail on Trading Platforms for 5paisa||Detail on Trading Platforms for zerodha|
|22 Customer Reviews||154 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||5paisa is Rated 3.4 / 5 based on 22 customer reviews||Zerodha is Rated 3.9 / 5 based on 154 customer reviews|
Compare 5paisa with Zerodha 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||5paisa||Zerodha|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare 5paisa with Zerodha on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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) is placed an compulsory stop loss and this is a 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 its cleare 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 higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- 5paisa offers Good Till Cancelled (GTC) orders where Zerodha doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||5paisa||Zerodha|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre 5paisa with Zerodha on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||5paisa||Zerodha|
|Equity Delivery Margin||Up to 3.5x via Margin Funding.||No Delivery margin.|
|Equity Intraday Margin||Up to 20x leverage for equity.||Up to 12.5x margin for Intraday leverage for equity.|
|Futures Margin||Up to 3x leverage (of NRML Margin) for futures.||Up to 2x leverage for future.|
|Options Margin||Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying.||Up to 2x margin for options shorting, no leverage for option buying.|
|Equity CO Margin||Up to 33x margin/leverage in CO order for selected equity scripts.||Up to 20.8x margin/leverage in equity CO order for selected equity scripts.|
|Futures CO Margin||Up to 33x margin/leverage (of complete order) in CO order for futures contracts.||Up to 33x margin/leverage (of complete order) in CO order for future contracts.|
|Options CO Margin||Info Not Available||Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY.|
|Commodity Margin||Up to 20x leverage for commodity.||Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.|
Compare 5paisa with Zerodha on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
|Customer Service Compare||5paisa||Zerodha|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+91 89766 89766"||"+ 91 80 4040 2020"|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Compare 5paisa with Zerodha on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare 5paisa with Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Rs 45 PM when trade, else Zero- Now charging monthly, No dependency on holdings||300 - Individual 1000 - Non Individual|
|Statutory charges||NIL||Rs.50/- (POA Charges)|
|Transaction Charges on Debit (Per ISIN)||0.025% or Rs. 25 whichever is Higher||On market: Rs.8+5.5 (CDSL charges) Off market: 0.03% of Rs.25 whichever is higher|
|Demat||Rs 15/- per cert + Rs 40/- as postal charges||150 per certificate + Rs.100 courier charges|
|Remat||Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges||150 per certificate + Rs.150 courier charges + CDSL charges|
|Pledge Creation||Rs 50/-||Rs.20 + Rs.12 per request (CDSL charges)|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||NIL||Rs.20 + Rs.12 per request (CDSL charges)|
|Pledge Closure Confirmation||NIL||Nil|
|Failed Instruction Charges||NIL||Rs.50 per instruction|
|Other Charges||Postal Charges Rs 40||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request|
Compare 5paisa with Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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
|pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Max 24 hrs except bank holidays||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).|
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Branch: Sandoz Branch, Mumbai
|Special Offers/Promo||Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer.||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.|
|Enquiry||Enquire about 5paisa||Enquire about Zerodha|
Last Updated on 2019-07-04T01:57:30+00:00