Zerodha Vs 5Paisa

Compare Stock Brokers

Zerodha Vs 5Paisa is one of the most sought out broker comparisons potential clients look forward to. And that is certainly obvious since both of these discount brokers are the most prominent ones in the country right now.

Both have high values to offer in terms of brokerage, trading products, trading platforms, margin and more.

Let’s understand all these values at length in this Zerodha vs 5Paisa comparison so that it becomes fairly easy for you to take a call on which stockbroker to go ahead with.

Zerodha Vs 5Paisa Comparison

Zerodha is one of the leading discount brokers in India which was founded in 2010. Discount brokers such as Zerodha charge a fixed amount at the transaction level and are independent of the size of the transaction.

It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage.

The broker is based out of Bangalore.

Comparison between Zerodha & 5Paisa (2019)

5Paisa also is a discount broker launched by IIFL in 2015 and allows a trader to trade across Equity, Currency, Commodity, Insurance and Mutual Funds.

The broker charges one of the lowest brokerage rates even among the discount broking fraternity. In fact, it is ranked among the top 10 stock brokers in India as per the active clients’ number.

Everything about discount brokers such as Zerodha is Online, be it –Zerodha IPV, customer service, trading, account opening, and so on.  Both the brokers being Discount brokers, choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Zerodha Vs 5Paisa to help you find which of the two suits your needs better.

The comparison is made in various aspects such as:

  • Company Overview
  • Account Opening Charges
  • Brokerage
  • Exposure or Leverages
  • Research
  • Trading Platforms
  • Other Features

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.

Must Read: Groww Vs Zerodha

We hope this article helps you to understand which of the two brokers is better for your needs and which one to go for.

Zerodha Vs 5Paisa Compare

This is how both these stockbrokers stack up against each other:


*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zerodha Vs 5Paisa for the benefits of other readers? Please feel free to share in the comments below.

Comparison between Zerodha & 5Paisa (2018-19)

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.

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