Mirae Asset Sharekhan Vs 5paisa (Compare Mirae Asset Sharekhan and 5paisa)

Mirae Asset Sharekhan Vs 5paisa

Incorporated in 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India.

	Mirae Asset Sharekhan	5paisa
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE
Year of Incorporation	2000	1996
Number of Branches	2800	1
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Mirae Asset Sharekhan Vs 5paisa Charges & AMC

Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while 5paisa account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and 5paisa Demat Account AMC Charges is Rs 300.

	Mirae Asset Sharekhan	5paisa
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 300

Mirae Asset Sharekhan Vs 5paisa Brokerage

Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas 5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order.

Account Type	Mirae Asset Sharekhan Classic Account	5paisa Regular Account Plan
Fixed Charges		NA
Equity Delivery	0.30% on market rate or minimum 1 paisa per share	Rs 20 per executed order
Equity Intraday	0.02% on market rate or minimum 1 paisa per share	Rs 20 per executed order
Equity Futures	0.02% per transaction value	Rs 20 per executed order
Equity Options	Rs 39 per lot	Rs 20 per executed order
Currency Futures	0.02% per transaction value	Rs 20 per executed order
Currency Options	Rs 5 per lot	Rs 20 per executed order
Commodity Futures	0.02%	Rs 20 per executed order
Commodity Options	Rs 20 per lot	Rs 20 per executed order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	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.

Mirae Asset Sharekhan Vs 5paisa Brokerage Plan 2

	Mirae Asset Sharekhan	5paisa
Account Type	Prepaid - Rs 1 Lakh	Power Investor Pack
Fixed Charges	Rs 1,00,000 per year	Rs 599 per month
Equity Delivery	0.10%	Rs 10 per executed order
Equity Intraday	0.015%	Rs 10 per executed order
Equity Futures	0.015%	Rs 10 per executed order
Equity Options	0.05% or Rs 63 per lot	Rs 10 per executed order
Currency Futures	0.02% per transaction value	Rs 10 per executed order
Currency Options	Rs 5 per lot	Rs 10 per executed order
Commodity Futures	0.02%	Rs 10 per executed order
Commodity Options	Rs 20 per lot	Rs 10 per executed order
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Mirae Asset Sharekhan Vs 5paisa Brokerage Plan 3

	Mirae Asset Sharekhan	5paisa
Account Type	Margin - Rs 1 Lakh	Ultra Trader Pack
Fixed Charges	Rs 1,00,000 margin	Rs 1199 per month
Equity Delivery	0.25%	Rs 10 per executed order
Equity Intraday	0.05%	Rs 10 per executed order
Equity Futures	0.05%	Rs 10 per executed order
Equity Options	1% or Rs 70 per lot	Rs 10 per executed order
Currency Futures	0.02% per transaction value	Rs 10 per executed order
Currency Options	Rs 5 per lot	Rs 10 per executed order
Commodity Futures	0.02%	Rs 10 per executed order
Commodity Options	Rs 20 per lot	Rs 10 per executed order
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Mirae Asset Sharekhan Charges Vs 5paisa

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 20 per trade
Other Charges
Call & Trade Charges	Rs 20	Additional ₹20 per order + GST
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Mirae Asset Sharekhan Vs 5paisa Leverage (Margin)

Mirae Asset Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the 5paisa margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Mirae Asset Sharekhan	5paisa
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Mirae Asset Sharekhan and 5paisa Features

The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. 5paisa offers 5paisa Trade Station (Web, Mobile App and EXE) trading software.

	Mirae Asset Sharekhan	5paisa
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	5paisa Trade Station (Web, Mobile App and EXE)
Intraday Square-off Time	3:30 PM	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training
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Mirae Asset Sharekhan Vs 5paisa Review

Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas 5paisa is rated of 5 based on 97 customer reviews.

	Mirae Asset Sharekhan	5paisa
	316 Customer Reviews	97 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews	5paisa is Rated 2.6 / 5 based on 97 customer reviews

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Mirae Asset Sharekhan Vs 5paisa Investment Options

	Mirae Asset Sharekhan	5paisa
Stock / Equity
Commodity
IPO
Mutual Funds
Bond / NCD
Debt

Mirae Asset Sharekhan Vs 5paisa Order Type Offered

	Mirae Asset Sharekhan	5paisa
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order (AMO)
Good Till Cancelled (GTC)
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Mirae Asset Sharekhan Vs 5paisa Suitable For Investor Type

	Mirae Asset Sharekhan	5paisa
Casual Investor
Active Investor
Trader

Mirae Asset Sharekhan Vs 5paisa - Pros and Cons

	Mirae Asset Sharekhan	5paisa
Pros	Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them. Sharekhan offers online and classroom training, seminars and workshops to investors. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood. Call & Trade facility is free with Sharekhan. Sharekhan allows fixed deposits as collateral for future and option trading.	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.
Cons	Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services. Classic account holders cannot trade Commodities, as the segment has to be activated separately. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.	Margin funding is given to the customers without notice. These cases cause major confusion, and customers pay hefty interest charges. Call & Trade is available at an additional Rs 20 per order + GST. Research & advisory services are not available in Optimum Plan. 5Paisa doesn't offer NRI Trading services. Doesn't offer 3-in-1 account.
Reviews
Promo / Offers	Zerodha (India's Best & No. 1 Broker)   Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	5paisa Special Offer 5paisa.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.
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