Zerodha and 5 Paisa are among the top discount stock brokers in India. If you are planning to choose one of them for trading, then here is a side by side comparison of the two brokers on following aspects:
- Company Overview
- Account Opening Charges
- Discount Brokerage Charged
- Exposure or Leverage
- Research
- Trading Platforms
- Other Features
| COMPANY OVERVIEW | |||
| Zerodha | 5Paisa | ||
|---|---|---|---|
| About | It is a Bangalore based, flat fee stock broker which offers trading in stocks, commodity and currency derivatives. | It is India’s second largest discount broker which is based in Mumbai and is a part of IIFL. | |
| Incorporation Year | 2010 | 1996 | |
| Broker Type | Discount Broker | Discount Broker | |
| Exchanges Supported | NSE, BSE, MCX and NCDEX | NSE and BSE | |
| Founder | Nitin Kamath | Nirmal Jain and Rajamani Venkataraman | |
| Company Type | Private | Public | |
| ACCOUNT OPENING CHARGES | |||
| Trading Account Opening Charge | Rs.200 | Rs.650 | |
| Trading Account AMC | Free | Free | |
| Demat Account Opening Charge | Rs.100 | Free | |
| Demat Account AMC | Rs.300 | Rs.400 | |
| Is Demat Account Mandatory | No | No | |
| DISCOUNT BROKERAGE CHARGES | |||
| Account Type | Flat Brokerage Plan | Flat Rate Plan | |
| Equity Delivery | Free | Rs.10 per executed order | |
| Equity Intraday | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Equity Futures | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Equity Options | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Currency Future Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Currency Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Commodity Future Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Commodity Options Trading | Rs.20 per executed order or 0.01% whichever is low | Rs.10 Per executed order | |
| Brokerage Calculator | Zerodha Brokerage Calculator | 5Paisa Brokerage Calculator | |
| OTHER TRANSACTION CHARGES | |||
| Other Transaction Charges | Rs.20 per executed order | Rs.20 per executed order | |
| Stamp Duty | Depends on the state | Depends on the state | |
| DP Charges | Rs.13.5 per scrip | Rs.25 per scrip | |
| TRANSACTION CHARGES | |||
| Transaction Charges | Rs.325 per crore | Rs.325 per crore | |
| Equity Intraday | Rs.325 per crore | Rs.325 per crore | |
| Equity Future | Rs.210 per crore | Rs.190 per crore | |
| Equity Options | Rs.5200 per crore | Rs.2300 per crore | |
| Currency Futures | Rs.135 per crore | Rs.135 per crore | |
| Currency Options | Rs.4400 per crore | Rs.2400 per crore | |
| Commodity | Rs.270 per crore | Rs.270 per crore | |
| MARGIN EXPOSURE | |||
| Equity Delivery | Up to 20x | Up to 5x | |
| Equity Intraday | Up to 28x | Up to 35x | |
| Equity Future | Up to 15x | Up to 8x | |
| Equity Options | Up to 8x | Up to 12x | |
| Currency Futures | Up to 12x | Up to 6x | |
| Currency Options | Up to 8x | Up to 10x | |
| Commodities | Up to 17x | Up to 10x | |
| RESEARCH & ANALYTICS | |||
| Daily Market Reports | Not Available | Available | |
| Tips and Recommendations | Not Available | Available | |
| Quarterly Analysis | Not Available | Available | |
| News Alerts | Not Available | Available | |
| TRADING PLATFORMS | |||
| Desktop Platform for windows | Available | Available | |
| Desktop Platform for Mac | Available | Available | |
| Desktop Browser Platform | Available | Available | |
| Mobile Site | Available | Available | |
| Android App | Available | Available | |
| iOS App | Available | Available | |
| Windows App platform | Not Available | Not Available | |
| Other mobiles OS platform | Not Available | Not Available | |
| Real Time Updates | Available | Available | |
| Portfolio Details | Available | Available | |
| Online MF Purchase | Available | Available | |
| Research Reports | Available | Available | |
| Stock Tips | Available | Available | |
| Stock Tips | Available | Available | |
| Email Alerts | Available | Available | |
| Multi Account Management | Available | Available | |
| SERVICES | |||
| Demat Services |  |
|
|
| 3-in-1 Account |  |
|
|
| Trading Services | |
|
|
| Intraday Services | |
|
|
| IPO Services | |
|
|
| Stock Recommendations | |
|
|
| Robo Advisory | |
|
|
| PMS | |
|
|
| Trading Institution | |
|
|
| Trading Exposure | Up to 28x | Up to 35x | |
Know More About…
