The similarities and differences between Zerodha vs 5 Paisa brokerage Comparison are customer service, maintenance fees, tools and investment options provided to India Stock Market investors.
Zerodha started in 2010 which is ranked number one in the discount broker category whereas 5 Paisa started in 2007 and it is little behind zerodha in both turnover and client number. Here are a few categories in which we compare zerodha and 5Paisa to know its pros and cons.
Zerodha vs 5 Paisa
- Account opening fee and AMC
- Brokerage
- Trading platform
- Mobile application.
1. Account opening fee and AMC:
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In Zerodha the account opening charges will be Rs. 300 for equity and Rs. 200 for commodity. If you are willing to trade on both equity and commodity then it will charge Rs. 500. The annual maintenance charge will be Rs 300. Whereas in 5Paisa the account opening charges for both equity and commodity is Rs. 650. The annual maintenance charges will be Rs. 400.
Zerodha vs 5 Paisa Comparison
| Demat Services & Charges | Zerodha | 5 Paisa |
| Depository Source | CDSL | CDSL |
| Account Opening Charges | Rs.300 for equities and Rs. 500for equities and commodities | Rs.650 for equities and commodities |
| Demat AMC Charges | Rs.300 per year | Rs.400 per year |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero | Zero |
| Offline to Online | No | No |
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To open Zerodha Account – Brokerage, Benifits and Service Reviews
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To Open 5 paisa Account – Brokerage, Benifits and Service Reviews
2. Brokerage:
The brokerage charges for Zerodha in Equity Intraday, F&O, commodity & currency are 0.01% or Rs. 20 per trade, whichever is lower. The equity delivery is free. The brokerage charges for 5Paisa in Equity Intraday, F&O, commodity & currency are Rs. 10 per trade.
Zerodha vs 5 Paisa Comparison
| Brokerage Charges | Zerodha | 5 Paisa |
| Equity Delivery Trading | Zero | Rs. 10 per trade |
| Equity Intraday Trading | Rs.20 or 0.01% per trade whichever is lower | Rs.10 per trade |
| Commodity Options Trading | Rs.20 or 0.01% per trade whichever is lower | NA |
| Equity Futures Trading | Rs.20 or 0.01% per trade whichever is lower | Rs. 10 per trade |
| Equity Options Trading | Rs.20 or 0.01% per trade whichever is lower | Rs. 10 per lot |
| Currency Futures Trading | Rs.20 or 0.01% per trade whichever is lower | Rs. 10 per trade |
| Currency Options Trading | Rs.20 or 0.01% per trade whichever is lower | Rs. 10 per lot |
| Minimum Brokerage | Zero | Rs. 10 per tra |
3. Trading platform :
The trading platform for Zerodha is Kite zerodha and for 5Paisa it is Trading station. In Kite zerodha all the options like orders, holdings, funds and positions should be selected manually to view them, whereas in 5Paisa trading station all the options are available in the dashboard itself so it will be easy to vie
| Zerodha Kite Web | 5 Paisa Trade Station |
| 1. Works at a bandwidth consumption of fewer than 0.5 Kbpsfor a full market watch Provides. 2. Extensive charting with over 100 indicators and 6 chart types. 3. Advanced order types like Brackets and cover. 4. Millisecond order placements. | 1. Multiple order types offering flexibility to the user. 2. Intraday as well as historical data available for technical and fundamental analysis respectively. 3. Provision to invest in Mutual funds and Insurance segments. 4. It provides research tips and calls to make quick judgments. |
4. Mobile application :
The mobile application for Zerodha is Kite. The applications are available in google play store app ios app store, you can download from it. Using application you can easily trade as all the options are present is it and even can watch live charts. Both applications are user-friendly and easy to use.
| Zerodha Kite | 5 paisa mobile app |
| 1. One-tap universal instrument search for all contracts across all exchanges — NSE, BSE, MCX. 2. Live streaming data. 3. Multiple market watch and live market depths .4. Advanced chart with 100+ indicators Years worth of free historical chart data. 5. Trade Equities, F&O, Commodities, Currency. | 1. The application provides a consolidated view of user’s portfolio along with access to all trade reports, charges & bills. 2. Interactive charting tool that provides real-time indications about the market trends and behavior 3. With Market-watch, users can get updates on Real-time accurate scripts. 4. Highly usable and easy to use user interface 5. Users can buy and sell using the same integrated window. |
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TO Open Zerodha Account – Brockerage, Benifits and Service Reviews
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