5paisa Vs IIFL Securities Vs Zerodha: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of IIFL Securities ranges between Rs 20, while the brokerage of Zerodha ranges between Rs 20. The broker 5paisa and Zerodha are discount brokers where IIFL Securities is a full service broker. Overall rating for 5paisa is 4, IIFL Securities is rated 4, Zerodha is rated 4.5 out of 5.

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

Compare 2 Brokers

Compare 5paisa vs IIFL Securities vs Zerodha on Service

	5paisa	IIFL Securities	Zerodha
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX
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...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	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.
Broker Enquiry

Account Opening Charges and AMC

Compare 5paisa vs IIFL Securities vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs IIFL Securities vs Zerodha 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, IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs IIFL Securities vs Zerodha
Charges	5paisa	IIFL Securities	Zerodha
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 250 PA (Free for 1st year)	Rs 300 PA
Provide DP Service

About Brokerage Plans

Compare 5paisa vs IIFL Securities vs Zerodha on Plan Options

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

Compare 5paisa vs IIFL Securities vs Zerodha on Plan Options
Plan Types	5paisa	IIFL Securities	Zerodha
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	5paisa	Zerodha
Account Opening Request	Open IIFL Securities Account Now>>	Open 5paisa Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare 5paisa vs IIFL Securities vs Zerodhaon 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.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

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.

Brokerage Charges - Compare 5paisa vs IIFL Securities vs Zerodha
Brokerage Charges Compare	5paisa	IIFL Securities	Zerodha
Plan Name	Basic Plan	IIFL iSERVE Brokerage Plan	Max Rs 20 per order Trading Plan
Equity Delivery	Flat Fee Rs 20	Flat Rs 20 per order	Free
Equity Intraday	Flat Fee Rs 20	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Fee Rs 20	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Equity Options	Flat Fee Rs 20	Flat Rs 20 per order	Flat Fee Rs 20
Currency Futures	Flat Fee Rs 20	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Currency Options	Flat Fee Rs 20	Flat Rs 20 per order	Flat Fee Rs 20
Commodity Trading	Flat Fee Rs 20	Flat Rs 20 per order	Flat Fee Rs 20
Minimum Brokerage	NA		NIL
Hidden Charges	No	Info Not Available
Call & Trade Charges	Rs 100 per call(No limit of orders)	Rs 50 Per Call + GST	Rs 50 Per Executable Order
Auto Square off Charges	Rs 100 per call(No limit of orders)	Rs 50 Per Call + GST	Rs 50 Per Executable Order
Brokerage Calculator	Brokerage Calculator for 5paisa	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Zerodha

Share Broker's Transaction Charges

Compare 5paisa vs IIFL Securities vs Zerodha on Transaction Charges

Compare 5paisa vs IIFL Securities vs Zerodha on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs IIFL Securities vs Zerodha
Transaction Charges Compare	5paisa	IIFL Securities	Zerodha
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 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr
Brokerage Charges	Complete Brokerage Plans for 5paisa	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for zerodha

Account Features

Compare 5paisa vs IIFL Securities vs Zerodha on Account Features

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

Account Features - 5paisa vs IIFL Securities vs Zerodha
Account Features Compare	5paisa	IIFL Securities	Zerodha
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15 PM	3:15PM	3:20 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare 5paisa vs IIFL Securities vs Zerodhaon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs IIFL Securities vs Zerodha. 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 IIFL Securities vs Zerodha
Trading Platform Compare	5paisa	IIFL Securities	Zerodha
Web Trading Platform
Web Trading Detail	https://www.5paisa.com/online-trading	https://ttweb.indiainfoline.com	Zerodha Kite Web
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	5paisa Mobile App	IIFL Markets	Zerodha Kite App
Mobile Trading App Demo	5paisa Mobile App Demo	IIFL Markets Demo	Zerodha Kite App Demo
Android Mobile App
Android App Download	Andriod 5paisa Mobile App Download	Andriod IIFL Markets Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS 5paisa Mobile App Download	iOS IIFL Markets Download	iOS Zerodha Kite App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for 5paisa	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator	Futures Brokerage Calculator for 5paisa	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator	Options Brokerage Calculator for 5paisa	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Zerodha
Detail	Detail on Trading Platforms for 5paisa	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for zerodha

Broker Ratings by Users

Compare 5paisa vs IIFL Securities vs Zerodha on User Rating

	5paisa	IIFL Securities	Zerodha
	27 Customer Reviews	82 Customer Reviews	160 Customer Reviews
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	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Zerodha is Rated 3.9 / 5 based on 160 customer reviews

Investment Offerings

Compare 5paisa vs IIFL Securities vs Zerodha on Investment Offerings

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

Investment Offerings - Compare 5paisa vs IIFL Securities vs Zerodha
Investment Offerings Compare	5paisa	IIFL Securities	Zerodha
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare 5paisa vs IIFL Securities vs Zerodha on Customer Service

Compare 5paisa vs IIFL Securities vs Zerodha 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 IIFL Securities vs Zerodha
Customer Service Compare	5paisa	IIFL Securities	Zerodha
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	+91 89766 89766	022-40071000	"+ 91 80 4040 2020"
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://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://zerodha.com/varsity/
Head Office Address	5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078
Website	https://www.5paisa.com/	https://www.indiainfoline.com/	https://zerodha.com/

Tips/Research/Reports Published

Compare 5paisa vs IIFL Securities vs Zerodha on Research Reports, Tips

Compare 5paisa vs IIFL Securities vs Zerodha on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs IIFL Securities vs Zerodha
	5paisa	IIFL Securities	Zerodha
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare 5paisa vs IIFL Securities vs Zerodha on Demat Account

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

Demat Charges - Compare 5paisa vs IIFL Securities vs Zerodha
	5paisa	IIFL Securities	Zerodha
DP Source	CDSL	CDSL	CDSL
DP ID	82500	44700	81600
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	₹400 pa	₹300 pa
Advance Deposit	NIL	Nil	Nil
Statutory charges	Nil	Nil	₹50
Transaction Charges on Debit (Per ISIN)	₹12.50 per ISIN	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹8 + ₹5.50 (CDSL Charges) per transaction
Demat	₹15 per certificate	₹15 per certificate + ₹40 courier charges	₹150 per certificate + ₹100 courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate whichever is higher	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation	₹12.50 per script	₹50	₹20 + ₹12 CSDL charges
Pledge Creation Confirmation	NIL	Nil	Nil
Pledge Closure	₹12.50 per script	Nil	₹20 + ₹12 CSDL charges
Pledge Closure Confirmation	NIL	Nil	Nil
Pledge Invocation	NIL	Nil	₹20
Failed Instruction Charges	Nil	Nil	₹50 per instraction
Other Charges

Special Offers,Advantages,Disadvantages

Compare 5paisa vs IIFL Securities vs Zerodha on Special Offers and Promotion

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

Compare 5paisa vs IIFL Securities vs Zerodha on Special Offers and Promotion
	5paisa	IIFL Securities	Zerodha
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...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. 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...
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...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. 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...
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 IIFL Securities	Enquire for Zerodha

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Transaction Charges Compare	5paisa	IIFL Securities	Zerodha
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 260 Per Cr \| Agri: Rs 175 Per Cr	Non-Agri: Rs 360 Per Cr \| Agri: Rs 275 Per Cr
Brokerage Charges	Complete Brokerage Plans for 5paisa	Complete Brokerage Plans for iifl-securities	Complete Brokerage Plans for zerodha