5 Paisa

5 Paisa

Discount Broker

About Broker

5paisa is a discount broker that offers a range of tools and features tailored to both traders and investors. It is one of the fastest-growing discount brokers in India. As of February 2024, 5paisa has 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

Equity Commodity Currency Futures Options

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

Free

account maintenance

₹300

call trade

Free

Brokerage

equity delivery

₹20 per order

equity intraday

₹20 per order

equity futures

₹20 per order

equity options

₹20 per order

currency futures

₹20 per order

currency options

₹10 per order

commodity futures

₹20 per order

commodity options

₹20 per order

Margins

Equity Delivery

5x As per exchange

Equity Intraday

5x As per exchange

Equity Futures

0x As per exchange

Equity Options

0x As per exchange

Currency Futures

0x As per exchange

Currency Options

0x As per exchange

Commodity Futures

0x As per exchange

Commodity Options

0x As per exchange

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.

Mobile Trading App Trade Station Web Trade Station EXE

Other Details

Pros

Advantages and Strengths of this broker.

5Paisa's brokerage plans cater to a wide range of individuals, including novices, investors, and professional traders.

It provides an all-in-one account for investing in stocks, mutual funds, commodities, currency, along with research and advisory services.

The platform offers free technical, derivative, and fundamental research alongside an advanced trading platform tailored for traders.

It also includes complimentary stock research and advisory services.

Cons

Disadvantages of this broker that it needs to improve upon.

Exchange transaction charges are higher compared to other discount brokers.

Call & Trade is available but at a significant additional cost.

5Paisa does not provide NRI trading services.


Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
free trading calls
free research
sms alerts
margin funding
margin against share

Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

mutual funds
ipo platform
bonds debt
exchange traded funds
insurance

Equily Charges

transaction charges

BSE: 0.00345%

NSE:

clearing charges

dp charges

0.06% per day

gst

18% on Brokerage + Transaction

stt

0.10%

sebi charges

0.00010%

transaction charges

BSE: 0.00345%

NSE:

clearing charges

dp charge

0.06% per day

gst

18% on Brokerage + Transaction

stt

0.03%

sebi charges

0.00010%

transaction charges

NSE:

clearing charges

NSE:

dp charge

0.06% per day

gst

18% on Brokerage + Transaction

stt

0.01%

sebi charges

0.00010%

transaction charges

NSE:

clearing charges

NSE:

dp charge

0.06% per day

gst

18% on Brokerage + Transaction

stt

0.05%

sebi charges

0.00010%