• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

5paisa vs Zerodha (Compare 5paisa and Zerodha)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between 5paisa vs Zerodha, Below comparison of 5paisa vs Zerodha highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of 5paisa vs Zerodha is given below:

5paisa Zerodha
About The Brokers
5paisa :

"Low Brokerage, decent trading platforms, provision of tips & recommendation makes 5 Paisa a player who offers more than the value for money services to his customers.   >>> more

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
5paisa :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
5paisa :
 Discount Broker
Zerodha :
 Discount Broker
Promo/offers
5paisa :
Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Zerodha :
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.
Advantage
5paisa :
  •   It provides service equivalent to full-service broker though it discount broker.
  •   It is one of the cheapest stock brokers in India and charges brokerage starting from Rs 10 per executed order.
  •   Provide trading facility in Equity & derivatives, Future & Options (F&O) and Currency segments.
  •   Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  •   One mobile app for all services like trading in equity & derivatives, IPOs, Mutual Funds, and Insurance.
  •   Above average customer service as a perk of its parent company, i.e., IIFL.
  •  Offers free technical, derivative and fundamental research & advice to customers for additional cost.
  • You can choose from Add-on-packs
  • Free trading platform including mobile app, website and desktop trading terminal. No software charges.
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
Disadvantage
5paisa :
  •   Does not have a physical presence anywhere all over India-No branches.
  •   Does not provide monthly or yearly plans for trading.
  •   Does not provide the facility of trading in commodity
  •  Call & Trade is available at an additional cost of Rs 100 per call in Power Investor Pack. The customer can place any number of trades in one call for Flat Rs 100 fee.
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
Why This
5paisa :
  •   It is one of the renowned stockbrokers who provide broking service to its clients at a nominal rate.
  •   5 Paisa offers broking service, opportunity to invest in mutual funds, insurance facility, and various other financial products to diversify your portfolio.
  •   All trading platform of 5 paisa.com has an excellent user interface.
  •   High-quality investment advice from an experienced research team is leveraging from the parent stock broking company India Infoline."
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account Open Account

5paisa vs Zerodha Account Opening & AMC Charges

5paisa Trading Account Opening Fee is Rs 0 (Free) and Zerodha Trading Account Opening Fee is Rs 200 . 5paisa Demat Account AMC is Rs 540 and Zerodha Demat Account AMC is Rs 300 .

5paisa Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 540

Demat Account AMC :

Rs 300

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

5paisa vs Zerodha Brokerage Charges

5paisa Brokerage Charges Equity Delivery is Rs 20 per executed order and Equity Intraday is Rs 20 per executed order and Equity Options is Rs 20 per executed order . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

5paisa Zerodha
Plan Name Plan Name :

Basic Plan

Plan Name :

Power Investor Pack

Plan Name :

Ultra Trader Pack

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 20 per executed order

Equity Delivery :

Rs 10 per executed order

Equity Delivery :

Rs 0 (Free)

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

Rs 20 per executed order

Equity Intraday :

Rs 10 per executed order

Equity Intraday :

Rs 10 per executed order

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

Rs 20 per executed order

Equity Future :

Rs 10 per executed order

Equity Future :

Rs 10 per executed order

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 20 per executed order

Equity Options :

Rs 2 per lot

Equity Options :

Rs 2 per executed lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

Rs 20 per executed order

Currency Futures :

Rs 10 per executed order

Currency Futures :

Rs 10 per executed order

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 20 per executed order

Currency Options :

Rs 10 per executed order

Currency Options :

Rs 10 per executed order

Currency Options :

Rs 20 per executed order or .03% whichever is lower

Monthly Fee Monthly Fee :

NA

Monthly Fee :

Rs 499 per month

Monthly Fee :

Rs 999 per month

Monthly Fee : -
Margin Trading Margin Trading :

0.05%

Margin Trading :

0.05%

Margin Trading :

0.05%

Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

Rs 20 per executed order

Commodity Futures :

Rs 10 per executed order

Commodity Futures :

Rs 10 per executed order

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

Rs 20 per executed order

Commodity Options :

Rs 10 per executed order

Commodity Options :

Rs 10 per executed order

Commodity Options :

Rs 20 per executed order or .03% whichever is lower

Open Account Open Account

5paisa vs Zerodha Exchange Transaction Charges

5paisa Exchange Transaction Charges Equity Future is Rs 190 per crore (0.0019%) and Equity Options is Rs 5000 per crore (0.05%) (on premium) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 200 per Cr (0.002%) and Equity Options is NSE Rs 5300 per Cr (0.053%) (on premium) .

5paisa Zerodha
Equity Delivery Equity Delivery :

Rs 325 per crore (0.00325%)

Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

Rs 325 per crore (0.00325%)

Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 190 per crore (0.0019%)

Equity Future :

NSE Rs 200 per Cr (0.002%)

Equity Options * Equity Options :

Rs 5000 per crore (0.05%) (on premium)

Equity Options :

NSE Rs 5300 per Cr (0.053%) (on premium)

Currency Futures * Currency Futures :

Rs 190 per crore (0.0019%)

Currency Futures :

NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)

Currency Options Currency Options :

Rs 5000 per crore (0.05%) (on premium)

Currency Options :

NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

Grp A: 0.0026%

Commodity :

Group A - Rs 260 per Cr (0.0026%)

Open Account Open Account

5paisa vs Zerodha Other Charges

5paisa Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 100 per call (any number of trades in a call) . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

5paisa Zerodha
Minimum Brokerage Minimum Brokerage :

Rs 20 per trade

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade :

Rs 100 per call (any number of trades in a call)

Call & Trade :

Rs 50 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹12.5 per transaction per script

DP Charges (on sell side) :

₹13.5 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

5paisa vs Zerodha Features

5paisa and Zerodha both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

5paisa Zerodha
Trading Platform Trading Platform :

5paisa Trade Station (Web, Mobile App and EXE)

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

1

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

Referral Program :

1

Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

5paisa vs Zerodha Demat Account Charges

A comparative table of various demat account charges between 5paisa and Zerodha is below:

5paisa Zerodha
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Rs 0

AMC AMC :

Rs 540 (Charged as Rs 45 per traded month)

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

Dematerialisation Charges Dematerialisation Charges :

Rs 15 per certificate + Rs 40 as postal charges

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

Rematerialisation Charges Rematerialisation Charges :

Rs 15 per certificate or Rs 15 for every 100 securities or part thereof whichever is higher + Rs 40 for courier

Rematerialisation Charges :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 12.50 per transaction per script

Transaction Charges (debit) :

  • Market Trades: Rs 13.5 + GST
  • Off-Market Trades: 0.03% of Rs 25 whichever is higher + GST

Pledge Creation Charges Pledge Creation Charges :

Rs 50

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

Nil

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Nil

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

Postal Charges: Rs 40

Other Charges :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

5paisa vs Zerodha Basic Details

5paisa Year of Incorporation is 1996 and Total Number of Clients is 1727458 and Total Number of Branches is 1 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 6513036 and Total Number of Branches is 22 .

5paisa Zerodha
Year of Incorporation Year of Incorporation :

1996

Year of Incorporation :

2010

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE, BSE, MCX and NCDEX

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : www.5paisa.com Website : https://zerodha.com
Contact Details Contact Details :

+918976689766

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

1,727,458

Total Number of Clients :

6,513,036

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

22

Products * Products :

5Paisa Mobile app, 5paisa trade station, 5paisa trade terminal

Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

5paisa vs Zerodha Orders

Orders

5paisa Zerodha
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

5paisa vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

5paisa Zerodha
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

No

Daily Market report * Daily Market report :

No

Daily Market report :

No

ETF research * ETF research :

No

ETF research :

No

Quarterly Results * Quarterly Results :

No

Quarterly Results :

No

Open Account Open Account

5paisa vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

5paisa Zerodha
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP :

Rs.11,000

Open Account Open Account

5paisa vs Zerodha Product & Services

5paisa and Zerodha both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

5paisa Zerodha
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade :

Rs 100 Per call

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

Yes

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

No

Open Account Open Account

5paisa vs Zerodha Customer Services

5paisa and Zerodha both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

5paisa Zerodha
Toll Free Number * Toll Free Number :

No

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

No

Branch Offices :

Yes

Customer Care * Customer Care :

No

Customer Care :

Yes

Community Service * Community Service :

No

Community Service :

Yes

Relationship Manager * Relationship Manager :

No

Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

5paisa vs Zerodha Other Investement

5paisa and Zerodha both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

5paisa Zerodha
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

Yes

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

5paisa vs Zerodha Trading Platform

5paisa and Zerodha both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

5paisa Zerodha
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

No

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

Yes

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

Contact Now
Open Account Open Account

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -