Compare 3 Brokers

5paisa Vs Zerodha: Which one is better?

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.

Compare 5paisa vs Zerodha on Service

  5paisa Compare
5paisa
Zerodha Compare
Zerodha
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 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... Know more about 5paisa 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...Know more about Zerodha
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

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 & Demat Account Opening Charges - Compare 5paisa with Zerodha
Charges 5paisa Zerodha
Trading Account Opening Fees Rs 650 (Free Now Promotion Offer) Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 100
Demat AMC Rs 45 PM if Trade, else Zero Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Zerodha on Plan Options

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.

Compare 5paisa with Zerodha on Plan Options
Plan Types 5paisa Zerodha
Multiple Plans No 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 Zerodha on Brokerage Charges

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 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
Minimum Brokerage NA NIL
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare 5paisa vs Zerodha on Transaction Charges

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

Transaction Charges - Compare 5paisa with Zerodha
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
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Account Features

Compare 5paisa vs Zerodha on Account Features

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 - 5paisa with Zerodha
Account Features Compare 5paisa Zerodha
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 No Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Zerodha on Trading Platform

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 with Zerodha
Trading Platform Compare 5paisa Zerodha
Desktop Trading Platform 5paisaTradeStation Zerodha PI
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://kite.zerodha.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Zerodha Kite
Mobile Trading App Demo 5paisa Mobile App Demo Zerodha Kite Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Zerodha Kite 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 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

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Broker Ratings by Users

Compare 5paisa vs Zerodha on User Rating

  5paisa Zerodha
  22 Customer Reviews    Rate 5paisa 154 Customer Reviews    Rate Zerodha
Fees Ratings 3.3 4.0
Trading Brokerage Rating 4.0 4.5
Trading Platform Usability 3.5 3.7
Customer Service Ratings 2.9 3.8
Overall Ratings Rated 3.4 stars Rated 3.9 stars
Broker Rating 5paisa is Rated 3.4 / 5 based on 22 customer reviews Zerodha is Rated 3.9 / 5 based on 154 customer reviews
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Investment Offerings

Compare 5paisa vs Zerodha on Investment Offerings

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 with Zerodha
Investment Offerings Compare 5paisa Zerodha
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
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 No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Zerodha on Order Types

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 Types - Compare 5paisa with Zerodha
Order Type Compare 5paisa Zerodha
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare 5paisa vs Zerodha on Margin/Leverage

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.

Exposure/margin - Compare 5paisa with Zerodha
Margin Product Compare 5paisa Zerodha
Equity Delivery Margin 5paisa vs Zerodha - Equity Delivery Margin Up to 3.5x via Margin Funding. No Delivery margin.
Equity Intraday Margin 5paisa vs Zerodha - Equity Intraday Margin Up to 20x leverage for equity. Up to 12.5x margin for Intraday leverage for equity.
Futures Margin 5paisa vs Zerodha - Futures Margin Up to 3x leverage (of NRML Margin) for futures. Up to 2x leverage for future.
Options Margin 5paisa vs Zerodha - 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 5paisa vs Zerodha - 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 5paisa vs Zerodha - 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 5paisa vs Zerodha - 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 5paisa vs Zerodha - Commodity Margin Up to 20x leverage for commodity. Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions.
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Customer Service Offered

Compare 5paisa vs Zerodha on Customer Service

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 Support - Compare 5paisa with Zerodha
Customer Service Compare 5paisa Zerodha
24/7 Customer Service 5paisa vs Zerodha - 24x7 customer support No No
Email Support 5paisa vs Zerodha - Email Support Yes Yes
Onine Live Chat 5paisa vs Zerodha - Onine Live Chat No No
Phone Support 5paisa vs Zerodha - Phone Support Yes Yes
Toll Free Number 5paisa vs Zerodha - Toll Free Number No No
Through Branches 5paisa vs Zerodha - Through Branches No Yes
Customer Care Number 5paisa vs Zerodha - Customer Care Number "+91 89766 89766" "+ 91 80 4040 2020"
Account Opening Process 5paisa vs Zerodha - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Zerodha - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://support.zerodha.com/
Head Office Address 5paisa vs Zerodha - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website 5paisa vs Zerodha - Company Website https://www.5paisa.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare 5paisa vs Zerodha on Research Reports, Tips

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

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

Compare 5paisa vs Zerodha on Demat Account

Compare 5paisa with Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Zerodha
  5paisa Zerodha
DP Source CDSL CDSL
DP ID 5paisa vs Zerodha - DP ID 82500 81600
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
Advance Deposit NIL Nil
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
Pledge Invocation NIL Rs.20
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

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Zerodha on Special Offers and Promotion

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

Compare 5paisa vs Zerodha on Special Offers and Promotion
  5paisa Zerodha
Pay In and Pay Out Options 5paisa vs Zerodha - 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 5paisa vs Zerodha - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges 5paisa vs Zerodha - 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 Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Likes
  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

  • Best Mobile App KITE. Now you don’t need desktop software for your trading.
  • Low Brokerage and High Exposure
  • Strong customer support, everything is available online, no need to call any customer support. Learn by your own and get all the questions answered online.
  • Free, online education module covering all the topics related to trading called Varsity.
  • Active trading forum called Trading Q&A.

Detail Review...

Dislikes
  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Detail Review...

  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

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







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