ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of 5paisa and Zerodha NRI Account. Compare 5paisa Vs Zerodha NRI Account brokerage charges, exposure margin, demat account and AMC. Read Zerodha and 5paisa NRI Account reviews.
Find out 5paisa Vs Zerodha which is better NRI Trading Account. See 5paisa Vs Zerodha which is best NRI Demat Account.
Our 5paisa Capital Ltd comparison with Zerodha highlights the major differences between two brokers. Find the best between 5paisa and Zerodha NRI Account.
| 5paisa | Zerodha | |
|---|---|---|
 |  | |
| About the Broker | 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's can ope... | Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... |
| Account Type | NA | NRI Account |
| Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. |
| 5paisa | Zerodha | |
|---|---|---|
| NRI Account Opening Fees | NA | ₹500 |
| NRI Account AMC | NA | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 300 | Rs 300 |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open 5paisa Account | Open Zerodha Account |
| Account Type | 5paisa NA | Zerodha NRI Account |
|---|---|---|
| Equity Delivery | NA | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
| Equity Futures | NA | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
| Equity Options | NA | ₹100 per trade (non-PIS), ₹200 per trade (PIS) |
| Open 5paisa Account | Open Zerodha Account |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | NA | Demat Account AMC: ₹300 yearly |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| 5paisa | Zerodha | |
|---|---|---|
| Securities Transaction Tax (STT) |
|
|
| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| 5paisa Margin | Zerodha Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. | ||
| 5paisa | Zerodha | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open 5paisa Account | Open Zerodha Account |
| 5paisa Review | Zerodha Review | |
|---|---|---|
97 Customer Reviews  | 491 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Overall Rating |  | |
| Broker Rating | 5paisa is Rated 2.6 / 5 based on 97 customer reviews | Zerodha is Rated 3.6 / 5 based on 491 customer reviews |
| Open 5paisa Account | Open Zerodha Account |
| 5paisa Enquire | 5paisa Enquire | |
|---|---|---|
| Contact Broker | FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. | Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. |
| 5paisa | Zerodha | |
|---|---|---|
| Stocks | |  |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| 5paisa | Zerodha | |
|---|---|---|
| Customer Care Number | NA | +91 80 4718 1888 |
| Customer Care Email | NA | nridesk@zerodha.com |
| Open 5paisa Account | Open Zerodha Account |
| 5paisa | Zerodha | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| 5paisa | Zerodha | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | 5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks. If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services. | Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. |
| Promo / Offers | 5paisaSpecial Offer5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today. | ZerodhaSpecial OfferFree Stock Trading and Mutual Funds
Limited-time offer! |
| Open 5paisa Account | Open Zerodha Account |
Zerodha and 5paisa are leading discount brokers in India. Zerodha is more popular and superior in many factors including:
Here's a comparison between the two on a few major points:
|
Consideration |
Zerodha |
5paisa |
|---|---|---|
|
Incorporation |
2010 |
1996 |
|
Exchange Supported |
NSE, BSE, MCX, NCDEX |
NSE, BSE, MCX, NCDEX |
|
Minimum Brokerage |
Rs 0 on equity delivery per executed order |
Rs 10 per executed |
|
Trading Account Opening Fees |
Rs 200 |
Rs 0 (Free) |
|
Demat Account AMC |
Rs 300 yearly |
Rs 300 yearly |
|
Trading Platform |
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile |
5paisa Trade Station |
|
Research Services |
No |
Yes (at extra cost) |
|
Customer Service Call |
Rs 0 |
Rs 100 per call |
|
Call & Trade |
Rs 50 per executed order |
Rs 100 per executed order |
5paisa and Zerodha are both leading discount brokers offering online trading services. Both have their pros and cons. Here's a comparison of both:
5paisa Vs Zerodha
|
5Paisa |
Zerodha |
|
|---|---|---|
|
Account Opening Fee |
Rs 0 (Free) |
Rs 300 |
|
Equity Delivery Brokerage |
Flat Rs 20 per executed order |
Rs 0 (Free) |
|
Intraday and F&O Brokerage |
Flat Rs 20 per executed order |
Flat Rs 20 per executed order |
|
Minimum Brokerage |
Flat Rs 20 per executed order |
None |
|
Demat Account AMC |
Rs 300 yearly |
Rs 300 yearly |
|
Demat Debit Transaction Fee |
0.025% (minimum Rs 25 per transaction) |
Rs 13.5 per scrip |
|
Call & Trade |
Rs 100 per call (any number of trades in a call) |
Rs 50 per order |
|
Mutual Fund Brokerage |
Rs 20 per order |
Rs 0 (Free) |
|
Trading Platform |
Trade Station is an average trading platforms |
Kite is the best trading platform in the industry. |
|
Trading Terminal |
Available |
Not-available |
|
Research & Advisory Services |
Available (at extra cost) |
Not-available |
For casual investors or frequent traders, Zerodha offers better pricing, trading platform, online tools, customer service, learning tools and overall better experience in comparison to 5paisa. The services offered by both brokers are very similar. Both offer trading in equity, commodity and currency on BSE, NSE and MCX, demat account with CDSL and direct mutual funds.
Note: 5paisa offers research and advisory services (at extra cost) which Zerodha doesn't provide.
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open 5paisa Account
