5 Paisa Capital Limited
5 Paisa Capital Limited is a leading and stock exchange both BSE and NSE listed stock broker in India. It is managed by IIFL Founders. It is 2nd largest discount broker as of now. It charges flat rate of brokerage Rs. 20/- per trade irrespective of trade size.
Zerodha is India’s largest and most popular stock broker. It also offer flat fee to invest in Equity, commodity and F&O. It charges Rs. 0 (Zero) brokerage on delivery trades while on intraday, F&O it charges flat Rs. 20 per order or 0.03% whichever is lower.
|Broker Type||Discount Broker||Discount Broker|
|Account Opening Charges||Free||Rs. 200/-|
|AMC Charges||Rs. 45/- per traded month||Rs. 300/-|
- In 5 Paisa you have to pay flat brokerage Rs. 20/- per order, you don’t need to worry about trade size while in Zerodha delivery trades are free and brokerage Rs. 20/- per order or 0.03% whichever is lower is charged on intraday trades.
- Both share free trading app and trading terminal.
- 5 Paisa offers upto 4x exposure in equity delivery trades while zerodha doesn’t offer exposure for delivery trades.
- Both offer 20x exposure for intraday trading based on securities.
- Both offer Direct Mutual Fund investment.
Open Demat Account with these Discount Brokers here and get Rs. 250/- Amazon gift Vouchers
Chose wisely as Saving in Brokerage directly impact your Trading profit. If you pick correct Broker it leads you save thousand of Rupees and let you take trading decision in better and more efficient way.