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5paisa Vs Zerodha Vs Nuvama Wealth: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Nuvama Wealth ranges between Rs 10. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Zerodha is rated 4.5, Nuvama Wealth is rated 3.5 out of 5.

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

Compare 5paisa vs Zerodha vs Nuvama Wealth on Service

  5paisa Compare
5paisa
Zerodha Compare
Zerodha
Nuvama Wealth Compare
Nuvama Wealth
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. One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... Know more about Nuvama Wealth
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

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

In this section we have compared 5paisa vs Zerodha vs Nuvama Wealth 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 Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Zerodha vs Nuvama Wealth
Charges 5paisa Zerodha Nuvama Wealth
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 Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Zerodha vs Nuvama Wealth on Plan Options

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

Compare 5paisa vs Zerodha vs Nuvama Wealth on Plan Options
Plan Types 5paisa Zerodha Nuvama Wealth
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 Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Zerodha vs Nuvama Wealthon 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.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare 5paisa vs Zerodha vs Nuvama Wealth
Brokerage Charges Compare 5paisa Zerodha Nuvama Wealth
Plan Name Basic Plan Max Rs 20 per order Trading Plan Nuvama Lite
Equity Delivery Flat Fee Rs 20 Free Flat Rs. 10 per executed order
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower Flat Rs. 10 per executed order
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower Flat Rs. 10 per executed order
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Rs. 10 per executed order
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower Flat Rs. 10 per executed order
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Rs. 10 per executed order
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 20 0.01%
Minimum Brokerage NA NIL
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 20 per call
Auto Square off Charges Rs 100 per call(No limit of orders) Rs 50 Per Executable Order Rs 20
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Zerodha Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare 5paisa vs Zerodha vs Nuvama Wealth on Transaction Charges

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

Transaction Charges - Compare 5paisa vs Zerodha vs Nuvama Wealth
Transaction Charges Compare 5paisa Zerodha Nuvama Wealth
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 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for zerodha Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare 5paisa vs Zerodha vs Nuvama Wealth on Account Features

Compare 5paisa vs Zerodha vs Nuvama Wealth 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 and Nuvama Wealth offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - Zerodha and Nuvama Wealth offers NRI Trading where 5paisa doesn't offers NRI Trading.

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

Compare 5paisa vs Zerodha vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Zerodha vs Nuvama Wealth. 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 Nuvama Wealth
Trading Platform Compare 5paisa Zerodha Nuvama Wealth
Desktop Trading Platform 5paisaTradeStation NA Xtreme Trader
Desktop Demo Desktop Demo Info Not Available Desktop Demo
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

https://tlounge.edelweiss.in/Login

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 Nuvama Mobile Trader
Mobile Trading App Demo 5paisa Mobile App Demo Zerodha Kite App Demo Nuvama Mobile Trader 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 Nuvama Mobile Trader 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 Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for zerodha Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare 5paisa vs Zerodha vs Nuvama Wealth on User Rating

  5paisa Zerodha Nuvama Wealth
  27 Customer Reviews    Rate 5paisa 160 Customer Reviews    Rate Zerodha 4 Customer Reviews    Rate Nuvama Wealth
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 Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare 5paisa vs Zerodha vs Nuvama Wealth on Investment Offerings

Compare 5paisa vs Zerodha vs Nuvama Wealth 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) - Nuvama Wealth offers PMS facility where 5paisa and Zerodha doesn't offers PMS facility.

Investment Offerings - Compare 5paisa vs Zerodha vs Nuvama Wealth
Investment Offerings Compare 5paisa Zerodha Nuvama Wealth
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 Yes
ETF Yes Yes Yes
Banking No No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No Yes Yes
PMS Service No No Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Zerodha vs Nuvama Wealth on Order Types

Order Type - Compare 5paisa vs Zerodha vs Nuvama Wealth 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 provides Bracket Orders (BO) facility where Zerodha and Nuvama Wealth 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 Nuvama Wealth doesn't provides GTC.

Order Types - Compare 5paisa vs Zerodha vs Nuvama Wealth
Order Type Compare 5paisa Zerodha Nuvama Wealth
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes No No
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 Nuvama Wealth on Customer Service

Compare 5paisa vs Zerodha vs Nuvama Wealth 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 Nuvama Wealth
Customer Service Compare 5paisa Zerodha Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches No Yes Yes
Customer Care Number +91 89766 89766 "+ 91 80 4040 2020" 1800 102 3335
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://www.nuvamawealth.com/investology
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
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.5paisa.com/ https://zerodha.com/ https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare 5paisa vs Zerodha vs Nuvama Wealth on Research Reports, Tips

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

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

Compare 5paisa vs Zerodha vs Nuvama Wealth on Demat Account

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

Demat Charges - Compare 5paisa vs Zerodha vs Nuvama Wealth
  5paisa Zerodha Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 82500 81600 19100
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa Free (₹1500 one time charges)
Advance Deposit NIL Nil NIL
Statutory charges Nil ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹8 + ₹5.50 (CDSL Charges) per transaction 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹15 per certificate ₹150 per certificate + ₹100 courier charges ₹2 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹12.50 per script ₹20 + ₹12 CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹12.50 per script ₹20 + ₹12 CSDL charges 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation NIL ₹20 0.02% of transaction value (Min ₹50)
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 Nuvama Wealth on Special Offers and Promotion

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

Compare 5paisa vs Zerodha vs Nuvama Wealth on Special Offers and Promotion
  5paisa Zerodha Nuvama Wealth
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 Terminal X3,Nuvama Web,Mobile Trader.
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). NA
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
Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

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...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

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 Nuvama Wealth

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