The brokerage of 5paisa Max Rs 20 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.
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
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.
 5paisa |
 Zerodha |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Discount Broker |
| Exchanges Supported
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BSE, NSE, MCX, NCDEX | NSE, BSE and MCX |
| Active Clients | 10,89,828 | 45,43,870 |
| Broker Overview | 5paisa Capital Ltd, a full-service discount broker offers online trading across equity, F&O, commodity, currency, and other segments at a flat-fee brokerage of Rs. 20/order. | Pioneer of Rs. 20 flat brokerage model, free delivery trading, best Kite trading platform, and the first broker to launch Coin - Free Direct MF platform. |
| Broker Enquiry |
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Comparison of 5paisa with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening where Zerodha charges Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity for account opening. Demat AMC charges - 5paisa charges Holding below 50K - Free, b/w 50k and 2L - Rs 8 el AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.
| Charges | 5paisa | Zerodha |
|---|---|---|
| Trading Account Opening Fees | Rs 300 (Rs 500 Cashback as Brokerage) | Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity |
| Trading AMC | Free | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Holding below 50K - Free, b/w 50k and 2L - Rs 8 el | Rs 300 PA |
| Provide DP Service |  |
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Plans are the most important feature you look when compare 5paisa with Zerodha. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Zerodha doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
| Plan Types | 5paisa | Zerodha |
|---|---|---|
| Multiple Plans | |
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| Monthly Plans | |
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| Yearly Plans | |
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| 5paisa | Zerodha | |
|---|---|---|
| Account Opening Request |
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.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
| Brokerage Charges Compare | 5paisa | Zerodha |
|---|---|---|
| Plan Name | Basic Plan | Max Rs 20 per order Trading 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 | 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 50 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 90 Per Cr | Rs 135 Per Cr |
| Currency Options | Rs 4000 Per Cr | Rs 4400 Per Cr |
| Commodity | Rs 260 Per Cr | 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 - Zerodha offers 3-in-1 account where 5paisa offers only 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 - 5paisa offers a 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 | |
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| Charting | |
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| Algo 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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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:10PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
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 links 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) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://www.5paisa.com/online-trading | https://kite.zerodha.com/ |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | 5paisa Mobile App | Zerodha Kite |
| Mobile Trading App Demo | 5paisa Mobile App Demo | Zerodha Kite Demo |
| Android Mobile App | |
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| Android App Download | Andriod 5paisa Mobile App Download | Andriod Zerodha Kite Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS 5paisa Mobile App Download | iOS Zerodha Kite Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| 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 |
| 5paisa | Zerodha | |
|---|---|---|
27 Customer Reviews  |
159 Customer Reviews |
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| 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 3.2 / 5 based on 27 customer reviews | Zerodha is Rated 3.9 / 5 based on 159 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 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 - Both broker 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 | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | NIL |
Order Type - Compare 5paisa with Zerodha 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- Zerodha offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | 5paisa | Zerodha |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare 5paisa with Zerodha on Exposure/Margin offered by the 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
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up to 4x on equity delivery with 5paisa. | No, Zerodha doesn't provide any margin/leverage for delivery/carry forward positions. |
| Equity Intraday Margin
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Up to 20x leverage for equity MIS. | Upto 10x margin for intraday leverage for equity. |
| Futures Margin
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Up to 4x leverage for futures. | Upto 2x leverage for futures |
| Options Margin
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Up to 4x Exposure for Options shorting, No leverage for option buying. | Upto 2x margin for Options shorting, No leverage for option buying |
| Equity CO Margin
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Info Not Available | Upto 20.8x margin/leverage in CO order for selected equity scripts. |
| Futures CO Margin
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Info Not Available | Upto 33x margin/leverage in CO order for Futures contracts. |
| Options CO Margin
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Info Not Available | Upto 20x margin/leverage in CO order for options Contracts Sell only.Buying is enable for NIFTY only. |
| Commodity Margin
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Up to 4x exposure for current and near month expiry. | Upto 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 compares types of service offered by each broker for a quick resolution for query/issue you have.
| Customer Service Compare | 5paisa | Zerodha |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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+91 89766 89766 | "+ 91 80 4040 2020" |
| Account Opening Process
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Online/Paperless | Online/Paperless |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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https://www.5paisa.com/knowledge-centre | https://support.zerodha.com/ |
| Head Office Address
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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
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https://www.5paisa.com/ | https://zerodha.com/ |
Compare 5paisa with Zerodha on research reports and tips provided by the broker.
| 5paisa | Zerodha | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| 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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Compare 5paisa with Zerodha on Demat Service and Charges. This section covers about demat charges, demat service and other details
| 5paisa | Zerodha | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
82500 | 81600 |
| Demat Account Annual Maintenance Charges(AMC) | Monthly Plan - ₹45 (In case of any transaction in a month) | ₹300 pa |
| Advance Deposit | NIL | Nil |
| Statutory charges | Nil | ₹50 |
| Transaction Charges on Debit (Per ISIN) | ₹12.50 + CDSL charges | ₹8 + ₹5.50 (CDSL Charges) per transaction |
| Demat | ₹15 per certificate | ₹150 per certificate + ₹100 courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate whichever is higher | ₹150 per certificate + ₹100 courier charges + CDSL Charges |
| Pledge Creation | ₹50 | ₹20 + ₹12 CSDL charges |
| Pledge Creation Confirmation | NIL | Nil |
| Pledge Closure | NIL | ₹20 + ₹12 CSDL charges |
| Pledge Closure Confirmation | NIL | Nil |
| Pledge Invocation | NIL | ₹20 |
| Failed Instruction Charges | Nil | ₹50 per instraction |
| Other Charges | Nil | Nil |
Compare 5paisa with Zerodha on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| 5paisa | Zerodha | |
|---|---|---|
| Pay In and Pay Out Options
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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 funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time
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Max 24 hrs except bank holidays | Max 24 hrs except bank holidays |
| Bank Supported and Charges
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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 | ||
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| Special Offers/Promo | Rs 500 Cashback as Brokerage benefit. 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 2021-02-03T01:52:20+00:00
5paisa and Zerodha both are the top discount brokers of India which has Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, etc. 5paisa takes Rs 300 fees for opening a trading account and Zerodha takes Rs 300 for opening trading, demat and commodity accounts. 5paisa charges Rs 45 per month as account maintenance charges (AMC) if trade and if not, then zero charges. While Zerodha takes Rs 300 yearly for AMC.
5paisa offers multiple prepaid plans for clients which are Optimum Plan, Platinum Plan, and Titanium Plan while Zerodha does not have any plans. The former has a flat brokerage rate of Rs 20 per order while the latter has Rs 20 or 0.03%, whichever is lower. 5paisa charges Rs 100 per order for call and trade orders and Zerodha charges Rs 50 per order.
