5Paisa Vs Sharekhan: Side By Side Comparison

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

Sharekhan 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-sharekhan-1

 

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 Sharekhan:

Parameters

5 Paisa

Sharekhan

5paisa-Logo
sharekhan-Logo
Review
Type of Broker
Discount Broker
Full Service Broker
Incorporation Year
2015
2000
Supported Exchanges
NSE, BSE and MCX-SX
NSE, BSE, NCD-EX, MCX and NSEL

Account Related Charges

Trading Account Opening Fees
Rs 250
Rs 750
Trading Account AMC
Rs 0
Rs 0
Demat Account Opening Fees
Rs 0
Rs 0
Demat Account AMC
Rs 400
Rs 400

Brokerage Charges

Equity Delivery Brokerage
Rs 10 per executed order
0.5%
Equity Intraday Brokerage
Rs 10 per executed order
0.1%
Equity Futures Brokerage
Rs 10 per executed order
0.1%
Equity Options Brokerage
Rs 10 per executed order
Rs 100/lot
Currency Futures Trading Brokerage
Rs 10 per executed order
0.1%
Currency Options Trading Brokerage
Rs 10 per executed order
Rs 30/lot
Commodity Trading Brokerage
NA
0.1%
Minimum Brokerage Charges
NIL
Rs 16 per Scrip
Monthly Unlimited Plans
Brokerage Calculator
5Paisa Brokerage Calculator
Sharekhan Brokerage Calculator

Transaction Charges

Equity Delivery
0.0035%
0.00325%
Equity Intraday
0.0035%
0.00325%
Equity Futures
0.0021%
0.00190%
Equity Options
0.051% (On Premium)
0.0500% (On Premium)
Currency Futures
0.0021%
0.00135%
Currency Options
0.051% (On Premium)
0.04220% (On Premium)
Commodity
NA
0.00230% ( Non Agri) & 0.00095% ( Agri)

Exposure

Equity
Upto 15 times Intraday and upto 4times for Delivery
Upto 10 times Intraday and 5 times Delivery
Equity Futures
2 times for Intraday
Upto 2 times Intraday
Equity Options
Upto 2 times
No Leverage
Currency Futures
Upto 2 times intraday
No Leverage
Currency Options
Upto 2 times intraday
No Leverage
Commodities
NA
Upto 2 times intraday

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
Trade Tiger, Sharekhan Mobile App and Sharekhan Mini

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 Sharekhan with other Brokers:

Sharekhan in comparison with other Stock Brokers


This article compared the selected brokers. Click here to compare any two stock brokers in India side by side.

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