Sharekhan⭐ 8.7/10
5Paisa⭐ 7.9/10Sharekhan vs 5Paisa Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
Sharekhan is the Clear Winner
Sharekhan is the superior choice for most traders and investors due to its higher overall rating of 8.7/10 compared to 5Paisa's 7.9/10. Key strengths include Competitive pricing and Sharekhan provides a competitive platform for the Indian retail trader..
📊 Charges & Pricing Comparison
| Fee / Segment | Sharekhan | 5Paisa |
|---|---|---|
| Account Opening Fee | Free | Free |
| Account AMC (Annual) | Rs 300 / year | Rs 300 / year |
| Equity Delivery | Rs 20 or 0.05% | Rs 20 or 0.05% |
| Intraday Brokerage | Rs 20 per order | Rs 20 per order |
| Futures & Options | Rs 20 per order | Rs 20 per order |
| Commodity Trading | Rs 20 per order | Rs 20 per order |
| Other / DP Charges | Standard industry charges | Standard industry charges |
| Account Opening Time | 15 Minutes | 15 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | Sharekhan | 5Paisa |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ❌ No | ❌ No |
| Trading API Access | ✅ Free API | ✅ Free API |
| Advanced Charts | ✅ Yes | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
Sharekhan Pros & Cons
Pros
- ✅ Competitive pricing
- ✅ Good customer support in regional languages
Cons
- ❌ App UI might lack modern polish compared to top tier brokers
5Paisa Pros & Cons
Pros
- ✅ Competitive pricing
- ✅ Good customer support in regional languages
Cons
- ❌ App UI might lack modern polish compared to top tier brokers
❓ FAQs: Sharekhan vs 5Paisa
Which is cheaper between Sharekhan and 5Paisa?
Sharekhan charges Rs 20 or 0.05% for delivery trades and Rs 20 per order for intraday, with an AMC of Rs 300 / year. Meanwhile, 5Paisa charges Rs 20 or 0.05% for delivery and Rs 20 per order for intraday, with an AMC of Rs 300 / year. In terms of onboarding costs, Sharekhan is Free compared to 5Paisa's Free.
Who has a better mobile app: Sharekhan or 5Paisa?
Sharekhan's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, 5Paisa's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is Sharekhan safer to use than 5Paisa?
Both Sharekhan and 5Paisa are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, Sharekhan has a rating of 8.7/10, reflecting their complaint ratio and client size, while 5Paisa has a rating of 7.9/10.