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.
| 5 Paisa | Zerodha |
Broker Type | Discount Broker | Discount Broker |
Account Opening Charges | Free | Rs. 200/- |
AMC Charges | Rs. 45/- per traded month | Rs. 300/- |
Brokerage | Rs. 20/- Per Trade | Intraday : 0.03% or Rs. 20/- whichever is higher Delivery : Free |