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5paisa Vs Zerodha (Compare 5paisa and Zerodha)

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ...

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About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde...

Zerodha Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

5paisa Vs Zerodha

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	5paisa	Zerodha
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE	NSE, BSE, MCX and NCDEX
Year of Incorporation	1996	2010
Number of Branches	1	22
	Open 5paisa Account	Open Zerodha Account

5paisa Vs Zerodha Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 300 and Zerodha Demat Account AMC Charges is Rs 300.

	5paisa	Zerodha
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 300	Rs 300

5paisa Vs Zerodha Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type	5paisa Regular Account Plan	Zerodha Flat Brokerage Plan
Fixed Charges	NA
Equity Delivery	Rs 20 per executed order	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

5paisa Vs Zerodha Brokerage Plan 2

	5paisa	Zerodha
Account Type	Power Investor Pack	Flat Brokerage Plan
Fixed Charges	Rs 599 per month
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 10 per executed order	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 10 per executed order	Rs 20 per executed order
	Open 5paisa Account	Open Zerodha Account

5paisa Vs Zerodha Brokerage Plan 3

	5paisa	Zerodha
Account Type	Ultra Trader Pack	Flat Brokerage Plan
Fixed Charges	Rs 1199 per month
Equity Delivery	Rs 10 per executed order	Rs 0 (Free)
Equity Intraday	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 10 per executed order	Rs 20 per executed order
Currency Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 10 per executed order	Rs 20 per executed order
Commodity Futures	Rs 10 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Rs 10 per executed order	Rs 20 per executed order
	Open 5paisa Account	Open Zerodha Account

5paisa Charges Vs Zerodha

Minimum Brokerage	Rs 20 per trade	0.03% in Intraday and F&O
Other Charges		Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 100 per call (any number of trades in a call)	Rs 50 per executed order

5paisa Vs Zerodha Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 3503 per Cr (0.03503%) | BSE Rs 500 per Cr (0.005%) (on premium).

	5paisa	Zerodha
Equity Delivery	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (each side)	NSE Rs 297 per Cr (0.00297%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) \| BSE Rs 345 per Cr (0.00345%) (sell side)	NSE Rs 297 per Cr (0.00297%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 0	NSE Rs 173 per Cr (0.00173%) \| BSE Rs 0
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	NSE Rs 3503 per Cr (0.03503%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%)	NSE Rs 35 per Cr (0.00035%) \| BSE Rs 45 per Cr (0.00045%)
Currency Options	NSE Rs 3500 per Cr (0.035%) (on premium)	NSE Rs 3110 per Cr (0.0311%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Grp A: 0.0026%	Group A - Rs 260 per Cr (0.0026%)
	Open 5paisa Account	Open Zerodha Account

5paisa Vs Zerodha Leverage (Margin)

5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	5paisa	Zerodha
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open 5paisa Account	Open Zerodha Account

Compare 5paisa and Zerodha Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	5paisa	Zerodha
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	Eq Cash: 3:15 PM \| Eq F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close
Trading In SME Shares Allowed?
Referral Program
Other Features		Direct Mutual Funds, APIs for Algo Trading
	Open 5paisa Account	Open Zerodha Account

5paisa Vs Zerodha Review

5paisa is rated 2.6 of 5 based on 96 customer reviews whereas Zerodha is rated 3.7 of 5 based on 486 customer reviews.

	5paisa	Zerodha
	96 Customer Reviews	486 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 96 customer reviews	Zerodha is rated 3.7 of 5 based on 486 customer reviews

Contact Broker / Request A Call Back

	5paisa Enquire	Zerodha Enquire
Contact Broker	FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.	Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

5paisa Vs Zerodha Investment Options

	5paisa	Zerodha
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance

5paisa Vs Zerodha Order Type Offered

	5paisa	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open 5paisa Account	Open Zerodha Account

5paisa Vs Zerodha Research Report

	5paisa	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

5paisa Vs Zerodha Suitable For Investor Type

	5paisa	Zerodha
Casual Investor
Active Investor
Trader

5paisa Vs Zerodha - Pros and Cons

	5paisa	Zerodha
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
Cons	Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges. Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
Reviews
Promo / Offers	5paisa Special Offer 5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.	Zerodha Special Offer Free stock trading and mutual funds Free account opening for all people. Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + + Trade with the best trading platform in India. This is a limited time offer. Open an instant Zerodha account online and start trading today.
	Open 5paisa Account	Open Zerodha Account

Frequently Asked Questions

1. Which is better Zerodha vs 5paisa?

Zerodha and 5paisa are leading discount brokers in India. Zerodha is more popular and superior in many factors including:

Zerodha trading platform Kite is way more superior.
Zerodha doesn't change when you call customer service for a problem you are facing. 5paisa change Rs 100 per call even if it's an error on their side.
Zerodha management has a much more clear vision and proven track record.
Zerodha is a debt-free company.
Zerodha is profitable from day 1^st year of its service. 5paisa is yet to show profitability.

Here's a comparison between the two on a few major points:

Zerodha Vs 5Paisa

Consideration	Zerodha	5paisa
Incorporation	2010	1996
Exchange Supported	NSE, BSE, MCX, NCDEX	NSE, BSE, MCX, NCDEX
Minimum Brokerage	Rs 0 on equity delivery per executed order	Rs 10 per executed
Trading Account Opening Fees	Rs 200	Rs 0 (Free)
Demat Account AMC	Rs 300 yearly	Rs 300 yearly
Trading Platform	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile	5paisa Trade Station
Research Services	No	Yes (at extra cost)
Customer Service Call	Rs 0	Rs 100 per call
Call & Trade	Rs 50 per executed order	Rs 100 per executed order

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2. Which is better 5paisa vs Zerodha?

5paisa and Zerodha are both leading discount brokers offering online trading services. Both have their pros and cons. Here's a comparison of both:

5paisa Vs Zerodha

	5Paisa	Zerodha
Account Opening Fee	Rs 0 (Free)	Rs 300
Equity Delivery Brokerage	Flat Rs 20 per executed order	Rs 0 (Free)
Intraday and F&O Brokerage	Flat Rs 20 per executed order	Flat Rs 20 per executed order
Minimum Brokerage	Flat Rs 20 per executed order	None
Demat Account AMC	Rs 300 yearly	Rs 300 yearly
Demat Debit Transaction Fee	0.025% (minimum Rs 25 per transaction)	Rs 13.5 per scrip
Call & Trade	Rs 100 per call (any number of trades in a call)	Rs 50 per order
Mutual Fund Brokerage	Rs 20 per order	Rs 0 (Free)
Trading Platform	Trade Station is an average trading platforms	Kite is the best trading platform in the industry.
Trading Terminal	Available	Not-available
Research & Advisory Services	Available (at extra cost)	Not-available

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3. Which is best 5paisa vs Zerodha?

For casual investors or frequent traders, Zerodha offers better pricing, trading platform, online tools, customer service, learning tools and overall better experience in comparison to 5paisa. The services offered by both brokers are very similar. Both offer trading in equity, commodity and currency on BSE, NSE and MCX, demat account with CDSL and direct mutual funds.

Note: 5paisa offers research and advisory services (at extra cost) which Zerodha doesn't provide.

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