zerodha review discount broker

Zerodha - The discount broker review

Zerodha, founded in 2019 by Nitin Kamath, is the biggest discount broker in India. It has over +1 million clients and contributes to over 10% of daily retail trading volumes across the Indian Stock Market. It’s mobile app ‘KITE’ has got over +1,000,000 download on the play store.

Zerodha Review: Brokerage Charges

Here are the brokerage charges offered by Zerodha

– Free equity delivery

All your equity delivery investments (NSE, BSE), absolutely free — ₹0 brokerage.

– ₹20 intraday equity and F&O trades

₹20 or 0.01% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades across NSE, BSE, and MCX.

Account Opening Charges:

For opening a trading and demat account at Zerodha, here are the charges:

  • Equity Trading Account: ₹300
  • Commodity Account:₹200

The annual maintenance charge (AMC) for the demat account is Rs 300.

Note: You can read this detailed post to learn how to open your demat and trading account at Zerodha.

Advantages of Using Zerodha:

  1. Zero Brokerage Charges for Delivery
  2. Flat Charge for Intraday Trading
  3. No minimum balance required to open Zerodha trading account
  4. Minimalistic, intuitive, responsive web-based trading platform Kite
  5. Other products like Coin, Small case, etc.

Disadvantages of using Zerodha:

  1. GTC/GTD options not available
  2. 3-in-1 account (Saving+Demat+Trading) not available.
  3. Call and trade not free for the customers.
  4. Online IPO investment through KITE app is not available.

Note: You can read the complete Zerodha review here.


Zerodha offers a brokerage of Flat ₹20 irrespective of the trading volume. Therefore, you can save a lot of brokerage charges on your trades using this discount broker Zerodha as your broker. Further, they also offer different educational initiatives which can be beneficial for the beginners.

5 Paisa Review - discount broker

5Paisa Review [Trading, Demat, Brokerage charges & More…]

5Paisa Review: 5Paisa is a discount broker with a flat brokerage of Rs 10 per trade. It is headquartered in Mumbai and is a part of India Infoline (IIFL).

India Infoline is a leading non-banking financial institution in India with experience of over 2 decades (originally incorporated in 1995). 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.


5Paisa Review at a Glance:

Account Opening Fees & Annual maintenance charges (AMC)

  • Trading Account Opening Charges (One Time): Rs. 650
  • Account Annual Maintenance Charges (AMC): Rs. 400 per year

Trading Brokerages

5 Paisa review

  • Stock Intra-day Trades: Rs. 10 per executed order
  • Stock Cash Delivery Based Trades: Rs. 10 per executed order
  • Stock F&O Trades: Rs. 10 per executed order
  • Currency F&O Trades: Rs. 10 per executed order

Advantages of Opening account at 5Paisa

  • Paperless account opening using Aadhar Card within 5 minutes (sign application using e-Sign)
  • Flat brokerage of Rs 10 for Equity Cash, F&O, and Currency derivative.
  • Online Trading (Stocks, Futures & Options, and Currencies at NSE and BSE), Mutual funds and Insurance services under one roof.
  • Free fundamental, technical and derivative research & financial advice to customers.
  • Advanced and FREE technology-driven trading platforms across the web, desktop and app based.

Disadvantages of 5Paisa

  • 5Paisa doesn’t offer 3-in-1 account (only demat and trading account available).
  • The exchange transaction charges slightly higher compared to the competitors.
  • It doesn’t offer commodity trading.

How to open an account with 5paisa Capital?

5 Paisa Discount broker-min

You can open a 2-in-1 account (demat and trading) completely online (no paper documents required).

  • The account opening process is based on Aadhar Card (Your mobile number should be mapped with your Aadhar card as you’ll receive an OTP to verify your account).
  • After completing the online application, the online trading accounts get activated within 3-4 hours.
  • Offline account opening process is also available where you can download the application form, print it, fill it up and send it to 5paisa Mumbai office.

Overall, if you try an online account opening process, then it’s is really fast.

Click here to open your account at 5Paisa…