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5paisa Vs Zerodha: 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 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. Number of active customer for Zerodha is 63,96,714 where number of active customer for 5paisa is 17,18,734. Zerodha is serving more customer compare to 5paisa.

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

  • 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 Zerodha on Service

  5paisa Compare
5paisa
Zerodha Compare
Zerodha
Overall Rating Rated 4 stars Rated 4.5 stars
Brokerage Charges Rated 4 stars Rated 4.5 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 4 stars Rated 4.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 17,18,734 63,96,714
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
Broker Enquiry Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

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

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 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare 5paisa with Zerodha
Charges 5paisa Zerodha
Trading Account Opening Fees Rs 300 (Rs 500 Cashback as Brokerage) Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Zerodha on Plan Options

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.

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

Account Opening

  5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Zerodha 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.

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 with Zerodha
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
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Share Broker's Transaction Charges

Compare 5paisa vs Zerodha on Transaction Charges

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

Transaction Charges - Compare 5paisa with Zerodha
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
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Account Features

Compare 5paisa vs Zerodha on Account Features

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 - 5paisa with Zerodha
Account Features Compare 5paisa Zerodha
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.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:10 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Zerodha on Trading Platform

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 with Zerodha
Trading Platform Compare 5paisa Zerodha
Desktop Trading Platform 5paisaTradeStation Kite By Zerodha
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Zerodha Kite
Mobile Trading App Demo 5paisa Mobile App Demo Zerodha Kite Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Zerodha Kite 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 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

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Broker Ratings by Users

Compare 5paisa vs Zerodha on User Rating

  5paisa Zerodha
  27 Customer Reviews    Rate 5paisa 159 Customer Reviews    Rate Zerodha
Fees Ratings 3.1 4.0
Trading Brokerage Rating 3.9 4.5
Trading Platform Usability 3.3 3.7
Customer Service Ratings 2.7 3.8
Overall Ratings Rated 3.2 stars Rated 3.9 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
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Investment Offerings

Compare 5paisa vs Zerodha on Investment Offerings

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

Compare 5paisa vs Zerodha on Order Types

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) - 5paisa provide Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare 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 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 Types - Compare 5paisa with Zerodha
Order Type Compare 5paisa Zerodha
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare 5paisa vs Zerodha on Customer Service

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 Support - Compare 5paisa with Zerodha
Customer Service Compare 5paisa Zerodha
24/7 Customer Service 5paisa vs Zerodha - 24x7 customer support No No
Email Support 5paisa vs Zerodha - Email Support Yes Yes
Onine Live Chat 5paisa vs Zerodha - Onine Live Chat No No
Phone Support 5paisa vs Zerodha - Phone Support Yes Yes
Toll Free Number 5paisa vs Zerodha - Toll Free Number No No
Through Branches 5paisa vs Zerodha - Through Branches No Yes
Customer Care Number 5paisa vs Zerodha - Customer Care Number +91 89766 89766 "+ 91 80 4040 2020"
Account Opening Process 5paisa vs Zerodha - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs Zerodha - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs Zerodha - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://zerodha.com/varsity/
Head Office Address 5paisa vs Zerodha - Head Office Address/Corporate 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
Website 5paisa vs Zerodha - Company Website https://www.5paisa.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare 5paisa vs Zerodha on Research Reports, Tips

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

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

Compare 5paisa vs Zerodha on Demat Account

Compare 5paisa with Zerodha 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 Zerodha is ₹300 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 Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.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 Zerodha
  5paisa Zerodha
DP Source CDSL CDSL
DP ID 5paisa vs Zerodha - DP ID 82500 81600
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹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

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Zerodha on Special Offers and Promotion

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

Compare 5paisa vs Zerodha on Special Offers and Promotion
  5paisa Zerodha
Pay In and Pay Out Options 5paisa vs Zerodha - 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
Payout Time 5paisa vs Zerodha - Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays
Bank Supported and Charges 5paisa vs Zerodha - 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).
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
  • 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...

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...

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 for 5paisa Enquire for Zerodha

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


FAQs

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.