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5paisa Vs Sharekhan: 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 Sharekhan ranges between 0.1 to 0.5%. 5paisa is a Discount Broker where Sharekhan is a Full Service Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Sharekhan is 17,18,734 where number of active customer for 5paisa is 7,54,029. Sharekhan is serving more customer compare to 5paisa.

Here we present side-by-side comparison of 5paisa vs Sharekhan 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 Sharekhan'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 Sharekhan 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 Sharekhan'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 Sharekhan on Service

  5paisa Compare
5paisa
Sharekhan Compare
Sharekhan
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 4 stars Rated 2.5 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 5 stars
Customer Service Rated 4 stars Rated 4 stars
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 7,54,029 17,18,734
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 Sharekhan is one of the best full-service brokerage houses in India with smart trading platforms like Trade Tiger and Sharekhan Mobile App, Portfolio Management Service, Free research reports, MF investment through Sharekhan Insta MF Platform.
Broker Enquiry Request call back from 5paisa Request call back from Sharekhan
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Account Opening Charges and AMC

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

Comparison of 5paisa with Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Sharekhan offer Free account opening where 5paisa charges Rs 300 (Rs 500 Cashback as Brokerage) for account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Sharekhan
Charges 5paisa Sharekhan
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Sharekhan on Plan Options

Plans are the most important feature you look when compare 5paisa with Sharekhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  5paisa Sharekhan
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Sharekhan 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.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare 5paisa with Sharekhan
Brokerage Charges Compare 5paisa Sharekhan
Plan Name Basic Plan Classic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.5% or 50 paisa
Equity Intraday Flat Fee Rs 20 0.1% or 10 paisa
Equity Futures Flat Fee Rs 20 0.1% or 10 paisa
Equity Options Flat Fee Rs 20 2.5% of Premium or Rs 250 per lot whichever is high
Currency Futures Flat Fee Rs 20 0.1% or 10 paisa
Currency Options Flat Fee Rs 20 2.5% of Premium or Rs 30 per lot whichever is high
Commodity Trading Flat Fee Rs 20 0.1% or 10 paisa
Minimum Brokerage NA Rs 20
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Free
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Sharekhan
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Share Broker's Transaction Charges

Compare 5paisa vs Sharekhan on Transaction Charges

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

Transaction Charges - Compare 5paisa with Sharekhan
Transaction Charges Compare 5paisa Sharekhan
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 100 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for sharekhan
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Account Features

Compare 5paisa vs Sharekhan on Account Features

Compare 5paisa with Sharekhan 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 - 5paisa offers Algo Trading where Sharekhan doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Sharekhan
Account Features Compare 5paisa Sharekhan
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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
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 Sharekhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Sharekhan. 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 Sharekhan
Trading Platform Compare 5paisa Sharekhan
Desktop Trading Platform 5paisaTradeStation TradeTiger
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://www.sharekhan.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Sharekhan
Mobile Trading App Demo 5paisa Mobile App Demo Sharekhan Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Sharekhan Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Sharekhan 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 Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Sharekhan
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for sharekhan

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Broker Ratings by Users

Compare 5paisa vs Sharekhan on User Rating

  5paisa Sharekhan
  27 Customer Reviews    Rate 5paisa 184 Customer Reviews    Rate Sharekhan
Fees Ratings 3.1 3.2
Trading Brokerage Rating 3.9 3.1
Trading Platform Usability 3.3 3.9
Customer Service Ratings 2.7 3.5
Overall Ratings Rated 3.2 stars Rated 3.6 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Sharekhan is Rated 3.6 / 5 based on 184 customer reviews
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Investment Offerings

Compare 5paisa vs Sharekhan on Investment Offerings

Compare 5paisa with Sharekhan 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) - Sharekhan provides PMS Service where 5paisa doesn't offer

Investment Offerings - Compare 5paisa with Sharekhan
Investment Offerings Compare 5paisa Sharekhan
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 Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Sharekhan on Order Types

Order Type - Compare 5paisa with Sharekhan 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- Sharekhan offers Good Till Cancelled (GTC) orders where 5paisa doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Sharekhan
Order Type Compare 5paisa Sharekhan
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 Sharekhan on Customer Service

Compare 5paisa with Sharekhan 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 Sharekhan
Customer Service Compare 5paisa Sharekhan
24/7 Customer Service 5paisa vs Sharekhan - 24x7 customer support No No
Email Support 5paisa vs Sharekhan - Email Support Yes Yes
Onine Live Chat 5paisa vs Sharekhan - Onine Live Chat No Yes
Phone Support 5paisa vs Sharekhan - Phone Support Yes Yes
Toll Free Number 5paisa vs Sharekhan - Toll Free Number No Yes
Through Branches 5paisa vs Sharekhan - Through Branches No Yes
Customer Care Number 5paisa vs Sharekhan - Customer Care Number +91 89766 89766 1800227500
Account Opening Process 5paisa vs Sharekhan - Account Opening Process Online/Paperless Offline
Customer Support Email 5paisa vs Sharekhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Sharekhan - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://www.sharekhan.com/help/hello
Head Office Address 5paisa vs Sharekhan - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Website 5paisa vs Sharekhan - Company Website https://www.5paisa.com/ https://www.sharekhan.com
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Tips/Research/Reports Published

Compare 5paisa vs Sharekhan on Research Reports, Tips

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

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

Compare 5paisa vs Sharekhan on Demat Account

Compare 5paisa with Sharekhan 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 Sharekhan is ₹500 pa 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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges).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 Sharekhan
  5paisa Sharekhan
DP Source CDSL CDSL
DP ID 5paisa vs Sharekhan - DP ID 82500 36000
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500 pa
Advance Deposit NIL Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹15 per certificate ₹5 per certificate (Min 50 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation ₹50 0.03% (Min ₹100)
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL Nil
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Sharekhan on Special Offers and Promotion

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

Compare 5paisa vs Sharekhan on Special Offers and Promotion
  5paisa Sharekhan
Pay In and Pay Out Options 5paisa vs Sharekhan - 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, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time 5paisa vs Sharekhan - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges 5paisa vs Sharekhan - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Info Not Available
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Rs. 20/order brokerage regardless of trade value.
  • Rs. 0 brokerage on delivery trades in Ultra Trader Pack.
  • Trade at just Rs. 10/order with Power Investor and Ultra Trader Pack.
  • Zero balance 5paisa account.
  • Free or Rs. 0 commission investment in mutual funds.
  • Investment in US Stocks at zero commission.
  • Best free trading platforms across web, desktop, and mobile app versions.
  • 5paisa Invest App, a dedicated mutual fund investment platform.
  • Smart research tools and intelligent portfolio investing ideas by experts.
  • Get comprehensive research on 4,000+ stocks.
  • Advanced orders like bracket order and cover order.
  • 5paisa Valid Till Triggered (VTT) order facility.
  • Free of cost 5paisa API to build your trading terminal.
  • 5paisa Smallcase, thematic investing platform.
  • 5paisa Algo Trading platform with the state-of-the-art automated trading feature.
  • 5paisa School, stock market education & learning center for beginners.

Detail Review...

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...

  • Residents can’t open a 3-in-1 account.
  • Limited choice of banks to open the NRIs 3-in-1 account.
  • High brokerage charges.
  • Classic account holders can't trade in the commodity segment.

Detail Review...

Special Offers/Promo Rs 500 Cashback as Brokerage benefit. This is a limited time promotional offer. Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time.
Enquiry Enquire for 5paisa Enquire for Sharekhan

Last Updated on 2022-05-25T01:20:20+00:00


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