About Broker
5paisa is a rapidly growing discount broker in India, providing a variety of tools and features designed for both traders and investors. As of February 2024, 5paisa boasts an active client base of 544,270.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening
Account Maintenance
Call Trade
Brokerage
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Margins
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Platforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Pros
Advantages and Strengths of this broker.
- ⮚5Paisa's brokerage plans are crafted to cater to a broad spectrum of users, from novices and investors to professional traders.
- ⮚It features a unified account for trading in stocks, mutual funds, commodities, and currency, enhanced by research and advisory support.
- ⮚The platform grants free access to technical, derivative, and fundamental research, as well as a cutting-edge trading platform tailored for traders.
- ⮚Additionally, it provides free stock research and advisory services to help users make informed decisions.
Cons
Disadvantages of this broker that it needs to improve upon.
- ⮚The exchange transaction fees are relatively higher when compared to other discount brokers in the market.
- ⮚Call & Trade services are offered, but they come with a substantial additional charge.
- ⮚5Paisa does not support trading services for NRIs (Non-Resident Indians).
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.