COMPARISON OF TOP INDIAN DISCOUNT BROKERS
INVESTEMENT
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| EQUITY | Yes | Yes | Yes | Yes | Yes |
| MUTUAL FUNDS | Yes | Yes | Yes | Yes | Yes |
| IPO | Yes | No | No | Yes | Yes |
| CURRENCY | Yes | Yes | Yes | Yes | Yes |
| COMMODITY | Yes | No | Yes | Yes | No |
PLATFORMS AND TOOLS
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| DESKTOP PLATFORM | Zerodha Pi | Fyers One | Dartstock/Nest Trader | Alpha Trader | 5 Paisa Trade Station |
| DESKTOP PLATFORM (WINDOWS) | Yes | Yes | Yes | Yes | Yes |
| DESKTOP PLATFORM (MAC) | No | No | No | No | No |
| WEB PLATFORM | kite.zerodha.com | webtrader.fyers.in/usermaster/login | pro.upstox.com | alpha.sasonline.in | 5paisa.com/online-trading |
| MOBILE SITE | Yes | No | Yes | Yes | Yes |
| CHARTING HISTORICAL TRADES | Yes | Yes | Yes | Yes | Yes |
| AUTOMATED TRADING | Yes | Yes | Yes | No | Yes |
| MOBILE TRADING | Zerodha Kite | Fyers Market | Upstox | Alpha Mobile | 5 Paisa Mobile App |
| MOBILE TRADING (ANDROID) | Yes | Yes | Yes | Yes | Yes |
| MOBILE TRADING (IOS) | Yes | Yes | Yes | Yes | Yes |
ORDER TYPES
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| CNC ORDER | Yes | Yes | Yes | Yes | Yes |
| MIS ORDER | Yes | Yes | Yes | Yes | Yes |
| NRML ORDER | Yes | Yes | Yes | Yes | Yes |
| AMO - after market order | Yes | Yes | Yes | Yes | No |
| GTC - good till cancelled | Yes | Yes | Yes | Yes | Yes |
RESEARCH
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| EQUITY DELIVERY | No margin | No margin | No margin | No margin | No margin |
| EQUITY INTRADAY | 4 to 10 Times | Upto 16 times | Base plan - 15x priority plan - 20x | Upto 5 to 9 times | Upto 15 times |
| EQUITY FUTURES | 40% of exchanged prescribed margin | Upto 4 times | 4x in both plans | Upto 2 times for intraday | Upto 2 times for intraday |
| EQUITY OPTIONS | 40% of exchanged prescribed margin on selling, no leverage or margin on buying | Upto 4 times | base plan - 4x priority plan - 5x | Upto 2 times for selling | Upto 2 times for intraday |
| CURRENCY FUTURES | 100% of exchanged prescribed margin | Upto 2 times | base plan - 4x priority plan - 5x | Upto 2 times for selling | Upto 2 times for intraday |
| CURRENCY OPTIONS | 100% of exchanged prescribed margin | Upto 4 times | Upto 2 times for selling | Upto 2 times for intraday | |
| COMMODITY | 50% of exchanged prescribed margin | Na | Na | Upto 2 times for selling | Na |
MARGIN RATES
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| RESEARCH MUTUAL FUNDS | No | No | No | No | Yes |
| RESEARCH EQUITY REPORT | Yes | No | No | No | Yes |
| DAILY MARKET REPORT | No | No | No | No | Yes |
| FREE TIPS | No | No | No | No | Yes |
| NEWS ALERT | No | Yes | No | No | Yes |
CUSTOMER SERVICE
| Zerodha | Fyers | Upstox | Sas Online | 5 Paisa | |
|---|---|---|---|---|---|
| EMAIL SUPPORT | Yes | Yes | Yes | Yes | Yes |
| ONLINE LIVE CHAT | No | No | Yes | No | No |
| PHONE SUPPORT | Yes | Yes | Yes | Yes | Yes |
| TOLL FREE NUMBER | No | No | No | No | No |
| 24/7 | No | No | No | No | No |
OVERALL RATING
Zerodha
Fyers
Upstox
Sas Online
5 Paisa