Table of Contents
5paisa VS Zerodha VS Upstox Comparison: Trading & Demat Account Opening Charges
5paisa VS Zerodha VS Upstox Comparison: Brokerage Charges
5paisa VS Zerodha VS Upstox Comparison: Transaction Charges
5paisa VS Zerodha VS Upstox Comparison: Demat Account Service and Charges
Are you looking for the best 5paisa VS Zerodha VS Upstox Comparison article? Here, we will compare three popular platforms: 5paisa, Zerodha, and Upstox, focusing on crucial aspects such as trading and demat account opening charges, brokerage charges, transaction charges, and demat account services. By understanding the similarities and differences among these platforms, you will be able to make an informed decision based on your specific requirements.
Whether you are a beginner or an experienced investor, this 5paisa VS Zerodha VS Upstox comparison will help you choose the right provider for your trading and investment needs.
Click here to open an account in Upstox.
5paisa VS Zerodha VS Upstox Comparison: Trading & Demat Account Opening Charges
1. Trading Account Opening Fees:
- 5paisa: Free
- Zerodha: Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com), although there may be promotion offers for free account opening.
- Upstox: Promotion offer: Free
2. Trading Account Annual Maintenance Charges (AMC):
- 5paisa: Free
- Zerodha: Free
- Upstox: Free
3. Demat Account Opening Fees:
- 5paisa: Free
- Zerodha: Free
- Upstox: Free
4. Demat Account Annual Maintenance Charges (AMC):
- 5paisa: Rs 300 per annum
- Zerodha: Rs 300 per annum
- Upstox: Rs 150 per annum + GST
5. DP Service:
- 5paisa: Yes, they provide DP service.
- Zerodha: Yes, they provide DP service.
- Upstox: Yes, they provide DP service.
5paisa VS Zerodha VS Upstox Comparison: Brokerage Charges
1. Plan Name:
- 5paisa: Basic Plan
- Zerodha: Max Rs 20 per order Trading Plan
- Upstox: Max Rs 20 Per Order Trading Plan
2. Equity Delivery:
- 5paisa: Flat Fee Rs 20
- Zerodha: Free
- Upstox: 2.5% or Rs 20, whichever is lower
3. Equity Intraday:
- 5paisa: Flat Fee Rs 20
- Zerodha: 0.03% or Rs 20, whichever is lower
- Upstox: 0.05% or Rs 20, whichever is lower
4. Equity Futures:
- 5paisa: Flat Fee Rs 20
- Zerodha: 0.03% or Rs 20, whichever is lower
- Upstox: 0.05% or Rs 20, whichever is lower
5. Equity Options:
- 5paisa: Flat Fee Rs 20
- Zerodha: Flat Fee Rs 20
- Upstox: Flat Fee Rs 20
6. Currency Futures:
- 5paisa: Flat Fee Rs 20
- Zerodha: 0.03% or Rs 20, whichever is lower
- Upstox: 0.05% or Rs 20, whichever is lower
7. Currency Options:
- 5paisa: Flat Fee Rs 20
- Zerodha: Flat Fee Rs 20
- Upstox: Flat Fee Rs 20
8. Commodity Trading:
- 5paisa: Flat Fee Rs 20
- Zerodha: Flat Fee Rs 20
- Upstox: Flat Fee Rs 20
9. Minimum Brokerage:
- 5paisa: Not applicable (NA)
- Zerodha: NIL
- Upstox: Not applicable (NA)
10. Hidden Charges:
- 5paisa: No
- Zerodha: No
- Upstox: No
11. Funding:
- 5paisa: Yes 18% interest per annum
- Zerodha: Information Not Available
- Upstox: Not applicable (NA)
12. Call & Trade Charges:
- 5paisa: Rs 100 per call (No limit of orders)
- Zerodha: Rs 50 Per Executable Order
- Upstox: Rs 50 Per Executable Order
13. Auto Square off Charges:
- 5paisa: Rs 100 per call (No limit of orders)
- Zerodha: Rs 50 Per Executable Order
- Upstox: Rs 50 Per Executable Order
5paisa VS Zerodha VS Upstox Comparison: Transaction Charges
1. Equity Delivery:
- 5paisa: Rs 335 Per Cr
- Zerodha: Rs 335 Per Cr
- Upstox: Rs 335 Per Cr
2. Equity Intraday:
- 5paisa: Rs 335 Per Cr
- Zerodha: Rs 335 Per Cr
- Upstox: Rs 335 Per Cr
3. Equity Futures:
- 5paisa: Rs 200 Per Cr
- Zerodha: Rs 200 Per Cr
- Upstox: Rs 200 Per Cr
4. Equity Options:
- 5paisa: Rs 5050 Per Cr
- Zerodha: Rs 5050 Per Cr
- Upstox: Rs 5050 Per Cr
5. Currency Futures:
- 5paisa: Rs 90 Per Cr
- Zerodha: Rs 90 Per Cr
- Upstox: Rs 90 Per Cr
6. Currency Options:
- 5paisa: Rs 3500 Per Cr
- Zerodha: Rs 3500 Per Cr
- Upstox: Rs 3500 Per Cr
7. Commodity:
- 5paisa: Rs 260 Per Cr
- Zerodha: Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
- Upstox: Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Click here to open an account in Zerodha.
5paisa VS Zerodha VS Upstox Comparison: Demat Account Service and Charges
1. DP Source:
- 5paisa: CDSL
- Zerodha: CDSL
- Upstox: CDSL
2. DP ID:
- 5paisa: 82500
- Zerodha: 81600
- Upstox: 81800
3. Commodity:
- 5paisa: Rs 260 Per Cr
- Zerodha: Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
- Upstox: Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
4. Advance Deposit:
- 5paisa: Nil
- Zerodha: Nil
- Upstox: Nil
5. Statutory Charges:
- 5paisa: Nil
- Zerodha: ₹50
- Upstox: Nil
6. Transaction Charges on Debit (Per ISIN):
- 5paisa: ₹12.50 per ISIN
- Zerodha: ₹8 + ₹5.50 (CDSL Charges) per transaction
- Upstox: ₹13 + ₹5.50 CDSL charges
7. Demat:
- 5paisa: ₹15 per certificate
- Zerodha: ₹150 per certificate + ₹100 courier charges
- Upstox: ₹20 + ₹50 courier charges
8. Remat:
- 5paisa: ₹15 for every hundred securities or ₹15 per certificate (whichever is higher)
- Zerodha: ₹150 per certificate + ₹100 courier charges + CDSL Charges
- Upstox: ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
9. Pledge Creation:
- 5paisa: ₹50
- Zerodha: ₹20 + ₹12 CDSL charges
- Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges
10. Pledge Creation Confirmation:
- 5paisa: Nil
- Zerodha: Nil
- Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges
11. Pledge Closure:
- 5paisa: Nil
- Zerodha: ₹20 + ₹12 CDSL charges
- Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges
12. Pledge Closure Confirmation:
- 5paisa: Nil
- Zerodha: Nil
- Upstox: 0.02% of the transaction value (Min ₹50) + CDSL charges
13. Pledge Invocation:
- 5paisa: Nil
- Zerodha: ₹20
- Upstox: 0.05% of the transaction value (Min ₹50)
14. Failed Instruction Charges:
- 5paisa: Nil
- Zerodha: ₹50 per instruction
- Upstox: ₹50
15. Other Charges:
- 5paisa: Nil
- Zerodha: Nil
- Upstox: Nil
Conclusion
As you can understand from this 5paisa VS Zerodha VS Upstox Comparison, all three platforms offer free trading account opening and similar demat account opening charges, but there are some notable differences. All three platforms offer free trading account opening and have no annual maintenance charges for both trading and demat accounts.
In terms of brokerage charges in this 5paisa VS Zerodha VS Upstox Comparison, 5paisa offers a basic plan, while Zerodha and Upstox have a maximum charge of Rs 20 per order across various segments. In terms of demat services, all three platforms provide DP services, and their demat charges vary slightly. It is essential to consider these factors and choose the platform that aligns with your trading preferences and requirements.
Check out our YouTube channel video – 5Paisa or Zerodha which is better | Zerodha vs 5Paisa Brokerage Charges.
https://dematdive.com/5paisa-vs-zerodha-vs-upstox/