Zerodha vs 5paisa: Brokerage, Features, and App Comparison
Introduction
Both Zerodha and 5paisa are popular discount brokers in India, but they cater to different segments of users. Zerodha is known for its simplicity and reliable trading experience, while 5paisa offers financial products beyond stocks, including insurance and loans. This 2025 comparison covers their platform, pricing, charges, and services to help you choose the right broker.
Quick Comparison Table
| Feature | Zerodha | 5paisa |
|---|---|---|
| Account Opening | ₹200 | ₹0–₹499 (depending on plan) |
| Equity Delivery | ₹0 | ₹20/order or ₹10 with plan |
| Intraday & F&O | ₹20/order or 0.03% | ₹20/order or ₹10 with plan |
| Platform | Kite (Web/App) | 5paisa App, Trade Station |
| Mutual Funds | Direct via Coin | Direct + Regular plans |
| Other Services | Stocks, MF, Bonds | Stocks, MF, Loans, Insurance |
| Advisory | No | Available via paid plans |
Trading Platforms
- Zerodha Kite: Clean, ad-free interface with fast order execution and TradingView charts.
- 5paisa App: Feature-rich and modern but sometimes cluttered with non-trading services.
Verdict: Zerodha wins for trading simplicity; 5paisa offers more versatility.
Brokerage & Pricing
- Zerodha: ₹0 on delivery, ₹20/order or 0.03% (lower of both) for intraday & F&O.
- 5paisa: ₹20/order or ₹10/order with Power Investor or Ultra Trader plans.
Verdict: 5paisa offers slightly lower charges only if you subscribe to paid plans.
Additional Services
- Zerodha: Focuses strictly on stock investing and mutual funds.
- 5paisa: Offers insurance, digital gold, personal loans, and Robo advisory.
Verdict: Choose 5paisa if you need multiple financial services in one place.
Advisory and Research
- Zerodha: No advisory, but has Varsity for free learning.
- 5paisa: Paid advisory services and stock recommendations through subscription.
Verdict: 5paisa is suitable for users who want integrated advisory.
Final Verdict: Zerodha vs 5paisa
| If you want… | Choose… |
|---|---|
| A clean, focused trading experience | Zerodha |
| Additional financial services | 5paisa |
| The lowest brokerage with subscription | 5paisa |
| A trusted platform for self-directed trading | Zerodha |
FAQs
1. Is Zerodha better than 5paisa for beginners?
Yes. Zerodha’s simple interface and Varsity learning platform make it ideal for new investors.
2. Does 5paisa charge for account opening?
It offers multiple plans — account opening may be free or paid, depending on the plan.
3. Which app is better for day trading?
Zerodha’s Kite app is more stable, while 5paisa’s app offers more features but is heavier.
4. Does 5paisa offer margin trading?
Yes, and margin access varies with the subscription plan.
5. Can I switch from 5paisa to Zerodha?
Yes, you can open a Zerodha account and transfer your holdings via CDSL.
