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Zeroshulk Vs 5Paisa
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Zeroshulk Vs 5Paisa is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Zeroshulk Vs 5Paisa so that you get a 360-degree view about which broker to go ahead with.
Zeroshulk Vs 5Paisa Comparison
Here is a point by point comparison of Zeroshulk Vs 5Paisa.
Zeroshulk is a discount stock broker in partnership with Vikson securities. Today Zeroshulk claims to have 9000+ customers who transact across equities, currencies and commodities. It is known for its flexible brokerage plans.
5Paisa is a discount broker launched by India Infoline (IIFL) in 2015 and allows a trader to trade across segments including Equity, Currency, Insurance and Mutual Funds.
Discount brokers such as 5Paisa or Zeroshulk offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Zeroshulk Vs 5Paisa to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Zeroshulk Vs 5Paisa Compare
 |  | |
| Zeroshulk Review | 5Paisa Review | |
| OVERVIEW | ||
| Broker Type | Discount Stock Broker | Discount Broker |
| Incorporated In the Year | 2008 | 2015 |
| Number of branches across India | 1 | 2 |
| Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX-SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹250 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 (Free for 1st Year) | ₹400 |
| Transaction Charges | Zeroshulk Transaction Charges | 5Paisa Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Intraday Delivery | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Equity Futures | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Equity Options | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Currency Futures | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Currency Options | ₹15 per order or ₹999 per month for unlimited trades | ₹10 per executed order |
| Commodity | ₹15 per order or ₹999 per month for unlimited trades | NA |
| Calculate Brokerage | Zeroshulk Brokerage Calculator | 5Paisa Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 times Intraday & 3 times for Delivery | Upto 15 times for Intraday & Upto 4 times for Delivery |
| Equity Futures | Upto 4 times for Intraday | Upto 2 times for Intraday |
| Equity Options | Buying no leverage, Shorting upto 4 times | Upto 2 times for Intraday |
| Currency Futures | Upto 4 times for Intraday | Upto 2 times for Intraday |
| Currency Options | Upto 4 times for Intraday | Upto 2 times for Intraday |
| Commodities | Upto 4 times for Intraday | NA |
| 5Paisa Margin | 5Paisa Margin | |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| Customer Care | 5Paisa Customer Care | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Zeroshulk Web, Zeroshulk Trade and Zeroshulk Mobile | 5Paisa Trade Station, 5Paisa Trader Terminal, 5Paisa Mobile App |
| Complaint Percentage of Active Clients | 0.09% | 0.06% |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Zeroshulk Vs 5Paisa for the benefits of other readers. Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Zeroshulk Vs 5Paisa
Overall Rating
