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5paisa Vs Finvasia Vs Zerodha: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Zerodha ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Finvasia is rated 4, Zerodha is rated 4.5 out of 5.

Here we present side-by-side comparison of 5paisa vs Finvasia vs Zerodha stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Finvasia vs Zerodha on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Finvasia vs Zerodha in this setion with 360 degree view of broker information.

Compare 5paisa vs Finvasia vs Zerodha on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
Zerodha Compare
Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia Zerodha is India's number 1 discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and user-friendly Kite trading platform.
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare 5paisa vs Finvasia vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs Finvasia vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa and Finvasia offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opeing. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Finvasia vs Zerodha
Charges 5paisa Finvasia Zerodha
Trading Account Opening Fees Free Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Free Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Finvasia vs Zerodha on Plan Options

Plans are the most important feature you look when compare 5paisa vs Finvasia vs Zerodha. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa offers Multiple Plans where Finvasia and Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Finvasia vs Zerodha on Plan Options
Plan Types 5paisa Finvasia Zerodha
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  5paisa Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Finvasia vs Zerodhaon Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Brokerage Charges - Compare 5paisa vs Finvasia vs Zerodha
Brokerage Charges Compare 5paisa Finvasia Zerodha
Plan Name Basic Plan Zero Brokerage Trading Plan Max Rs 20 per order Trading Plan
Equity Delivery Flat Fee Rs 20 Rs 0 Free
Equity Intraday Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Rs 0 Flat Fee Rs 20
Minimum Brokerage NA NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA NA
Call & Trade Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Executable Order
Auto Square off Charges Rs 100 per call(No limit of orders) Free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare 5paisa vs Finvasia vs Zerodha on Transaction Charges

Compare 5paisa vs Finvasia vs Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs Finvasia vs Zerodha
Transaction Charges Compare 5paisa Finvasia Zerodha
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia Complete Brokerage Plans for zerodha
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Account Features

Compare 5paisa vs Finvasia vs Zerodha on Account Features

Compare 5paisa vs Finvasia vs Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 Account where 5paisa and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa offers margin funding where Finvasia and Zerodha doesn't offers margin funding. NRI Trading - Finvasia and Zerodha offers NRI Trading where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa vs Finvasia vs Zerodha
Account Features Compare 5paisa Finvasia Zerodha
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account. Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM 3:10 PM
NRI Trading No Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare 5paisa vs Finvasia vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs Zerodha. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa vs Finvasia vs Zerodha
Trading Platform Compare 5paisa Finvasia Zerodha
Desktop Trading Platform 5paisaTradeStation OMNESYS NEST Kite By Zerodha
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

https://trade.finvasia.com/

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT Zerodha Kite
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo Zerodha Kite Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS 5paisa Mobile App Download Info Not Available iOS Zerodha Kite Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare 5paisa vs Finvasia vs Zerodha on User Rating

  5paisa Finvasia Zerodha
  27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia 160 Customer Reviews    Rate Zerodha
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare 5paisa vs Finvasia vs Zerodha on Investment Offerings

Compare 5paisa vs Finvasia vs Zerodha on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare 5paisa vs Finvasia vs Zerodha
Investment Offerings Compare 5paisa Finvasia Zerodha
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Finvasia vs Zerodha on Order Types

Order Type - Compare 5paisa vs Finvasia vs Zerodha on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa and Finvasia provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Zerodha offers Good Till Cancelled (GTC) orders facility where 5paisa and Finvasia doesn't provides GTC.

Order Types - Compare 5paisa vs Finvasia vs Zerodha
Order Type Compare 5paisa Finvasia Zerodha
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No No Yes
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Customer Service Offered

Compare 5paisa vs Finvasia vs Zerodha on Customer Service

Compare 5paisa vs Finvasia vs Zerodha on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare 5paisa vs Finvasia vs Zerodha
Customer Service Compare 5paisa Finvasia Zerodha
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No Yes
Customer Care Number +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001 "+ 91 80 4040 2020"
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://finvasia.com/announcements https://zerodha.com/varsity/
Head Office Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Website https://www.5paisa.com/ https://www.finvasia.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare 5paisa vs Finvasia vs Zerodha on Research Reports, Tips

Compare 5paisa vs Finvasia vs Zerodha on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs Finvasia vs Zerodha
  5paisa Finvasia Zerodha
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF No No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis No No No
News Alerts Yes No No
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Demat Account

Compare 5paisa vs Finvasia vs Zerodha on Demat Account

Compare 5paisa vs Finvasia vs Zerodha on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa vs Finvasia vs Zerodha
  5paisa Finvasia Zerodha
DP Source CDSL CDSL CDSL
DP ID 82500 84300 81600
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free ₹300 pa
Advance Deposit NIL Rs 0 Nil
Statutory charges Nil Nil ₹50
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹15 per certificate ₹15 per certificate ₹150 per certificate + ₹100 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹12.50 per script ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation NIL NIL Nil
Pledge Closure ₹12.50 per script ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation NIL NIL Nil
Pledge Invocation NIL ₹19 per transaction ₹20
Failed Instruction Charges Nil ₹49 ₹50 per instraction
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia vs Zerodha on Special Offers and Promotion

Compare 5paisa vs Finvasia vs Zerodha on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Finvasia vs Zerodha on Special Offers and Promotion
  5paisa Finvasia Zerodha
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for 5paisa Enquire for Finvasia Enquire for Zerodha

Last Updated on 2024-01-11T04:15:59+00:00