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5paisa Vs Zerodha Vs Upstox: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Upstox ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Zerodha is rated 4.5, Upstox is rated 4.5 out of 5.

Here we present side-by-side comparison of 5paisa vs Zerodha vs Upstox stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Zerodha vs Upstox on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Zerodha vs Upstox in this setion with 360 degree view of broker information.

Compare 5paisa vs Zerodha vs Upstox on Service

  5paisa Compare
5paisa
Zerodha Compare
Zerodha
Upstox Compare
Upstox
Overall Rating Rated 4 stars Rated 4.5 stars Rated 4.5 stars
Brokerage Charges Rated 4 stars Rated 4.5 stars Rated 4.5 stars
Trading Platform Rated 4 stars Rated 4.5 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 4.5 stars Rated 4.5 stars
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE, MCX
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 Zerodha is the game-changing discount broker with the concept of Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, superfast Zerodha Kite trading platform, and quick & re...Know more about Zerodha One of the best discount brokers in India 2022 with ₹20 flat brokerage charges, free mutual fund investment, fantastic Upstox pro trading platform in web and app versions, and reliable customer service.
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

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

In this section we have compared 5paisa vs Zerodha vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Free for account opening, Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opeing, and Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Upstox charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Zerodha vs Upstox
Charges 5paisa Zerodha Upstox
Trading Account Opening Fees Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Promotion offer: Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Zerodha vs Upstox on Plan Options

Plans are the most important feature you look when compare 5paisa vs Zerodha vs Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa offers Multiple Plans where Zerodha and Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Zerodha vs Upstox on Plan Options
Plan Types 5paisa Zerodha Upstox
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  5paisa Zerodha Upstox
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Zerodha vs Upstoxon 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.

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.

Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others

Brokerage Charges - Compare 5paisa vs Zerodha vs Upstox
Brokerage Charges Compare 5paisa Zerodha Upstox
Plan Name Basic Plan Max Rs 20 per order Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available NA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Rs 20 Per Executable Order
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Zerodha Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare 5paisa vs Zerodha vs Upstox on Transaction Charges

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

Transaction Charges - Compare 5paisa vs Zerodha vs Upstox
Transaction Charges Compare 5paisa Zerodha Upstox
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr Rs 210 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr Rs 5500 Per Cr
Currency Futures Rs 90 Per Cr Rs 135 Per Cr Rs 150 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 Per Cr Rs 6000 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 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 Complete Brokerage Plans for upstox
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Account Features

Compare 5paisa vs Zerodha vs Upstox on Account Features

Compare 5paisa vs Zerodha vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha and Upstox offers 3-in-1 Account where 5paisa offers only 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa offers margin funding where Zerodha and Upstox doesn't offers margin funding. NRI Trading - Zerodha offers NRI Trading where 5paisa and Upstox doesn't offers NRI Trading.

Account Features - 5paisa vs Zerodha vs Upstox
Account Features Compare 5paisa Zerodha Upstox
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. Yes, 5paisa have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Upstox have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:10 PM 3:15PM
NRI Trading No Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare 5paisa vs Zerodha vs Upstoxon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Zerodha vs Upstox. 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 vs Zerodha vs Upstox
Trading Platform Compare 5paisa Zerodha Upstox
Desktop Trading Platform 5paisaTradeStation Kite By Zerodha Upstox Pro
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

https://pro.upstox.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App Zerodha Kite Upstox
Mobile Trading App Demo 5paisa Mobile App Demo Zerodha Kite Demo Upstox Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Zerodha Kite Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Zerodha Kite Download iOS Upstox Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for zerodha Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare 5paisa vs Zerodha vs Upstox on User Rating

  5paisa Zerodha Upstox
  27 Customer Reviews    Rate 5paisa 159 Customer Reviews    Rate Zerodha 12 Customer Reviews    Rate Upstox
Fees Ratings 3.1 4.0 3.5
Trading Brokerage Rating 3.9 4.5 3.8
Trading Platform Usability 3.3 3.7 3.7
Customer Service Ratings 2.7 3.8 3.5
Overall Ratings Rated 3.2 stars Rated 3.9 stars Rated 3.7 stars
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Zerodha is Rated 3.9 / 5 based on 159 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare 5paisa vs Zerodha vs Upstox on Investment Offerings

Compare 5paisa vs Zerodha vs Upstox 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare 5paisa vs Zerodha vs Upstox on Order Types

Order Type - Compare 5paisa vs Zerodha vs Upstox 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) - All 3 brokers offers provides Cover Orders (CO) facility. 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) - 5paisa and Upstox provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Zerodha offers Good Till Cancelled (GTC) orders facility where 5paisa and Upstox doesn't provides GTC.

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

Compare 5paisa vs Zerodha vs Upstox on Customer Service

Compare 5paisa vs Zerodha vs Upstox 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 vs Zerodha vs Upstox
Customer Service Compare 5paisa Zerodha Upstox
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes Yes
Customer Care Number +91 89766 89766 "+ 91 80 4040 2020" +91 22 6130 9999
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected] 
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://zerodha.com/varsity/ https://upstox.com/help-center/
Head Office 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
Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website https://www.5paisa.com/ https://zerodha.com/ https://upstox.com/
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Tips/Research/Reports Published

Compare 5paisa vs Zerodha vs Upstox on Research Reports, Tips

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

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

Compare 5paisa vs Zerodha vs Upstox on Demat Account

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

Demat Charges - Compare 5paisa vs Zerodha vs Upstox
  5paisa Zerodha Upstox
DP Source CDSL CDSL CDSL
DP ID 82500 81600 81800
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa ₹300 PA
Advance Deposit NIL Nil NIL
Statutory charges Nil ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction ₹13 + ₹5.50 CDSL charges
Demat ₹15 per certificate ₹150 per certificate + ₹100 courier charges ₹20 + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation ₹50 ₹20 + ₹12 CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation NIL Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure NIL ₹20 + ₹12 CSDL charges 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation NIL Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation NIL ₹20 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges Nil ₹50 per instraction ₹50
Other Charges Nil Nil Nil

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Zerodha vs Upstox on Special Offers and Promotion

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

Compare 5paisa vs Zerodha vs Upstox on Special Offers and Promotion
  5paisa Zerodha Upstox
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 funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Around 40 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). Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
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
HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
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...

  • 0 brokerage on delivery trades.
  • Max Rs. 20 brokerage on intraday and F&O trades.
  • Open Zerodha IDFC First 3-in-1 Account (Demat + Trading + IDFC First Bank).
  • Zero brokerage investment in direct mutual funds on Coin.
  • 100% online account opening and account closure facility.
  • Apply for IPO online for Free.
  • Kite superfast and feature-rich web and app trading platform.
  • Zerodha Varsity, a free stock-market learning platform for beginners.
  • Zerodha offers NRI Trading services.
  • Free UPI-based hassle-free fund transfer process.
  • Advanced order placement facility; bracket order, cover order, and after-market order.
  • Zerodha GTT (Good Till Triggered) order feature.
  • Zero minimum deposit.
  • No hidden charges.
  • Zero-level Debt Company.

Detail Review...

  • Flat Rs. 20 brokerage across segments.
  • Invest across global companies in 25+ countries.
  • Apply for IPO and direct mutual funds for free.
  • Zero Demat AMC or annual maintenance charge.
  • Zero hidden costs.
  • Advanced orders like bracket order, cover order, and after-market order.
  • Advanced Pro web and mobile app-based trading platforms.
  • Upstox Developer Console to build your own trading platform using Python.
  • Upstox Bridge for AmiBroker to create and execute trading strategy.
  • Availability of margin against shares.

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...

  • Zerodha doesn’t offer intraday trading tips, recommendations, research, or advisory facility.
  • High call & trade charges of Rs. 50 per executed order.
  • High auto square off charges of Rs. 50 per executed order.
  • Zerodha does not provide Free Unlimited Monthly Brokerage Plan.
  • The 3-in-1 account opening facility is only available with IDFC First Bank.
  • Zerodha only offers NSE SME IPO, IPO that will list on the BSE SME platform are not available.

Detail Review...

  • Equity delivery trading is not free and charged at a lower of Rs. 20 per order or 2.5%.
  • Upstox doesn’t have unlimited monthly trading plan.
  • Call & trade services are not free, charged at Rs. 20 per executed order.
  • Upstox doesn’t provide stock market trading tips and recommendations.
  • NRI trading is not available since Jan 2018.
  • 24/7 customer service is unavailable.

Detail Review...

Special Offers/Promo 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. Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
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Last Updated on 2022-06-27T23:08:41+00:00