5Paisa Vs Edelweiss : Side By Side Comparison

In this page, I am providing side by side comparison of 5Paisa Vs Edelweiss.

Edelweiss is full service broker and provides many services to its clients. Both of these brokers offer research and recommendation to their customers.

Whereas 5Paisa falls in Discount Broker category. Hence they offer limited services but charges flat brokerage charges. They also offer recommendations unlike other discount brokers..

There are lot of differences between these two brokers.

5paisa-vs-edelweiss

 

I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.

However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.

Here is the comparison of 5Paisa Vs Edelweiss:

Parameters

5 Paisa

Edelweiss

5paisa-Logo
Edelweiss Logo
Review
Type of Broker
Discount Broker
Full Service Broker
Incorporation Year
2015
2002
Supported Exchanges
NSE, BSE and MCX-SX
NSE, BSE, MCX-SX , MCX and MSEI

Account Related Charges

Trading Account Opening Fees
Rs 250
Rs 1000
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 400
Rs 500 (Free for first Year)

Brokerage Charges

Equity Delivery Brokerage
Rs 10 per executed order
0.45%
Equity Intraday Brokerage
Rs 10 per executed order
0.06%
Equity Futures Brokerage
Rs 10 per executed order
0.06%
Equity Options Brokerage
Rs 10 per executed order
Rs 150/lot
Currency Futures Trading Brokerage
Rs 10 per executed order
0.05%
Currency Options Trading Brokerage
Rs 10 per executed order
Rs 50/lot
Commodity Trading Brokerage
NA
NA
Minimum Brokerage Charges
NIL
3 paisa per share
Monthly Unlimited Plans
Brokerage Calculator
5Paisa Brokerage Calculator
Edelweiss Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0021%
0.0019%
Equity Options
0.051% (On Premium)
0.050% (On Premium)
Currency Futures
0.0021%
0.00115%
Currency Options
0.051% (On Premium)
0.040% (On Premium)
Commodity
NA
NA

Exposure

Equity
Upto 15 times Intraday and upto 4times for Delivery
Upto 20 times Intraday and 4 times for Delivery
Equity Futures
2 times for Intraday
3 times for Intraday
Equity Options
Upto 2 times
No leverage for Buying and upto 3 times for shorting
Currency Futures
Upto 2 times intraday
Upto 2 times intraday
Currency Options
Upto 2 times intraday
No leverage for Buying and upto 3 times for shorting
Commodities
NA
NA

Features

3 in 1 Account
Mobile Trading
Charting
Automated Trading
After Trading Hour Orders
SMS Alerts
Margin Funding
Trading Platform
5 Paisa Trade Station, Trader Terminal , Mobile App
Xtreme trader, Traders Lounge and Mobile Trader

Investment Services

Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds

Customer Service Channels

24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Support Through Branches
Relationship Managers

Research Reports/Tips/Recommendations

Daily Market Report
Tips/Recommendations
Quarterly Result Analysis
News Alerts
Robo Advisory

Promotional Offers

  • NIL
  • NIL
open-account
open-account

And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.

Point By Point Comparison of 5Paisa with other Brokers:

5Paisa in comparison with other Stock Brokers

Point By Point Comparison of Edelweiss with other Brokers:

Edelweiss in comparison with other Stock Brokers

Visit comparison of stock brokers in India page to compare two brokers side by side.

1/5 - (1 vote)
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