5paisa and Zerodha both are the top discount brokers of India which has Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, etc. 5paisa takes Rs 300 fees for opening a trading account and Zerodha takes Rs 300 for opening trading, demat and commodity accounts. 5paisa charges Rs 45 per month as account maintenance charges (AMC) if trade and if not, then zero charges. While Zerodha takes Rs 300 yearly for AMC.
5paisa offers multiple prepaid plans for clients which are Optimum Plan, Platinum Plan, and Titanium Plan while Zerodha does not have any plans. The former has a flat brokerage rate of Rs 20 per order while the latter has Rs 20 or 0.03%, whichever is lower. 5paisa charges Rs 100 per order for call and trade orders and Zerodha charges Rs 50 per order.
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