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5paisa Vs Zerodha Vs Alice Blue: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Zerodha is rated 4.5, Alice Blue is rated 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Zerodha vs Alice Blue 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 Zerodha vs Alice Blue 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 Zerodha vs Alice Blue in this setion with 360 degree view of broker information.

Compare 5paisa vs Zerodha vs Alice Blue on Service

  5paisa Compare
5paisa
Zerodha Compare
Zerodha
Alice Blue Compare
Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX BSE, NSE, MCX, NCDEX
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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Alice Blue
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Account Opening Charges and AMC

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

In this section we have compared 5paisa vs Zerodha vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Zerodha vs Alice Blue
Charges 5paisa Zerodha Alice Blue
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Rs 300 PA Rs 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Zerodha vs Alice Blue on Plan Options

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

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

Account Opening

  5paisa Zerodha Alice Blue
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Zerodha vs Alice Blueon 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.

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.

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

Brokerage Charges - Compare 5paisa vs Zerodha vs Alice Blue
Brokerage Charges Compare 5paisa Zerodha Alice Blue
Plan Name Basic Plan Max Rs 20 per order Trading Plan F15 Plan
Equity Delivery Flat Fee Rs 20 Free Free
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage NA NIL NA
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Rs 50 per order + GST
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Rs 50 per order + GST
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Zerodha Brokerage Calculator for Alice Blue
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Share Broker's Transaction Charges

Compare 5paisa vs Zerodha vs Alice Blue on Transaction Charges

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

Transaction Charges - Compare 5paisa vs Zerodha vs Alice Blue
Transaction Charges Compare 5paisa Zerodha Alice Blue
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for zerodha Complete Brokerage Plans for alice-blue
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Account Features

Compare 5paisa vs Zerodha vs Alice Blue on Account Features

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

Account Features - 5paisa vs Zerodha vs Alice Blue
Account Features Compare 5paisa Zerodha Alice Blue
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. No Alice Blue have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:20 PM 3:15 PM
NRI Trading No Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare 5paisa vs Zerodha vs Alice Blueon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Zerodha vs Alice Blue. 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 Zerodha vs Alice Blue
Trading Platform Compare 5paisa Zerodha Alice Blue
Desktop Trading Platform 5paisaTradeStation NA ANT - Analyse and Trade
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

Zerodha Kite Web

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App Zerodha Kite App ANT Mobile
Mobile Trading App Demo 5paisa Mobile App Demo Zerodha Kite App Demo ANT Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Zerodha Kite App Download iOS ANT Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Alice Blue
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for zerodha Detail on Trading Platforms for alice-blue

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Broker Ratings by Users

Compare 5paisa vs Zerodha vs Alice Blue on User Rating

  5paisa Zerodha Alice Blue
  27 Customer Reviews    Rate 5paisa 160 Customer Reviews    Rate Zerodha 8 Customer Reviews    Rate Alice Blue
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Alice Blue is Rated 2.1 / 5 based on 8 customer reviews
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Investment Offerings

Compare 5paisa vs Zerodha vs Alice Blue on Investment Offerings

Compare 5paisa vs Zerodha vs Alice Blue 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 Zerodha vs Alice Blue
Investment Offerings Compare 5paisa Zerodha Alice Blue
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
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 Yes No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Zerodha vs Alice Blue on Order Types

Order Type - Compare 5paisa vs Zerodha vs Alice Blue 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 Alice Blue 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 Alice Blue doesn't provides GTC.

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

Compare 5paisa vs Zerodha vs Alice Blue on Customer Service

Compare 5paisa vs Zerodha vs Alice Blue 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 Zerodha vs Alice Blue
Customer Service Compare 5paisa Zerodha Alice Blue
24/7 Customer Service No No No
Email Support Yes Yes No
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No Yes Yes
Customer Care Number +91 89766 89766 "+ 91 80 4040 2020" 08035215000/080-45490850
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://zerodha.com/varsity/ https://tradeschool.aliceblueonline.com/
Head Office Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore - 560063
Website https://www.5paisa.com/ https://zerodha.com/ https://www.aliceblueonline.com
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Tips/Research/Reports Published

Compare 5paisa vs Zerodha vs Alice Blue on Research Reports, Tips

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

Research Reports - Compare 5paisa vs Zerodha vs Alice Blue
  5paisa Zerodha Alice Blue
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF No No No
Daily Market Report Yes No Yes
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 Zerodha vs Alice Blue on Demat Account

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

Demat Charges - Compare 5paisa vs Zerodha vs Alice Blue
  5paisa Zerodha Alice Blue
DP Source CDSL CDSL CDSL
DP ID 82500 81600 83500
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa ₹400 pa
Advance Deposit NIL Nil Rs 0
Statutory charges Nil ₹50 Rs 150 Stamp Charges
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction 0.04% of the value of the transaction
Demat ₹15 per certificate ₹150 per certificate + ₹100 courier charges ₹10 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹30 per certificate + CDSL charges
Pledge Creation ₹12.50 per script ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹12.50 per script ₹20 + ₹12 CSDL charges ₹20 + CDSL charges
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation NIL ₹20 ₹20 + CDSL charges
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Zerodha vs Alice Blue on Special Offers and Promotion

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

Compare 5paisa vs Zerodha vs Alice Blue on Special Offers and Promotion
  5paisa Zerodha Alice Blue
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/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays Upto 24 Hrs except 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 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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...

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...

  • Trade on NSE, BSE, and MCX
  • No brokerage on equity, IPO, and mutual funds
  • Zero account opening charges
  • Pay Rs 15/order brokerage
  • Free Inuvest Advisory services and trading insights across segments
  • TradingView charts, lots of technical indicators, stock and F&O screeners.
  • Stock SIP in equity
  • Great technology platforms for trading and investment
  • Free access to ANT API
  • Strong PAN India Presence
  • Dedicated mutual fund investment app
  • TradeSchool (Web and app) a free stock market education platform
  • Place bracket order, cover order, and basket order.
  • Margin Trading facility (MTF)

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • 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.

Detail Review...

  • No NRI Trading
  • No zero brokerage unlimited trading plan
  • No installable trading terminal
  • Alice blue mutual fund app (Rise) is not available on App store.
  • No GTT Order
  • Sometimes, its platform experienced technical glitches.

Detail Review...

Special Offers/Promo 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 Zerodha Enquire for Alice Blue

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