Through this blog, we shall be sharing an exclusive and detailed 5Paisa Review. Be ready to gather some deep insights on 5Paisa Margin, brokerage charges and important features. Also, take a sneak peek into the benefits of opening a 5Paisa Demat Account and 5Paisa Trading account. And yes, don’t miss to see a useful and quick Comparison: 5Paisa vs Zerodha to help you decide the best stock broker for yourself.
With the advent of latest technology and automation all around, platforms like 5Paisa have brought a big revolution in the broking industry. 5Paisa, a leading discount broker where you not only enjoy trading, investing but planning your finances at a fairly low price. It is also regarded as the 2nd largest discount brokers in India as per active number of clients.
So, you are going to explore exclusive details on 5paisa, a one-stop solution for your growing financial needs.
For a detailed latest view, you may also explore 5paisa Demat and Trading account
5Paisa: A Glimpse
5Paisa is backed by the leading financial services company, India Infoline(IIFL). IIFL brings the stability of being a public limited company and the trust it has built over the years is instrumental in making 5paisa a trusted brand. 5Paisa, as an online financial service provider offers diversified services in the field of investing, trading and insurance.
Being a part of IIFL group, 5paisa website offers not only Stock Trading, investing in mutual funds but you can go for car, health and term insurance as well on their portal. If you are not a DIY or Do-it-yourself approach person, you can avail their financial advisory services as well, an added advantage to have an account with them.
Open Instant Online Demat Account @ 5paisa
5paisa Brokerage Charges
5Paisa has a flat and a very simple brokerage structure. You are charged flat Rs.10 only per each executed trade in the equity segment (Delivery, Equity F&O and currency F&O). Simply stating, you just have to pay a flat fee of Rs.10 per order irrespective of the value of trade or the segment in which you are trading.
Equity Intraday | Rs 10 per executed order |
---|---|
Equity Delivery | Rs 10 per executed order |
Equity Futures | Rs 10 per executed order |
Equity Options | Rs 10 per executed order |
Currency F&O | Rs 10 per executed order |
5paisa Account Opening and Maintenance Charges:
- Demat Account Opening : Free
- Trading Account Opening Charges – Rs.650 only.
- Demat Account Annual maintenance charges after first year – Rs.400 only.
Wait!! You also get FREE Account Opening offers from time to time. So, it’s better to get hold of one!
Apply Now for Free Online Demat & Trading Account
5paisa Demat and Trading Account: Benefits
- An easy to use and friendly online trading and investing platform.
- 5Paisa trades in all the segments of BSE, MSE, MCX and NCDEX.
- You can trade in various segments like Stocks, futures, options and currency derivatives at a very low cost of Rs.10 per order.
- You can invest in IPOs and Mutual Funds through this platform.
- Select from tailor made portfolios or invest as per your choice.
- You can also invest in health, term, life and car insurance as per your priorities.
- You can perfectly manage your investments from a single account.
- There are distinctive features in this platform like Equity SIP or Systematic Investment Plan.
- A user friendly and a powerful 5Paisa Mobile app for trading and investing.
- You get 100% Automated Personalised solutions to your different individual financial requirements.
5Paisa vs Zerodha: A Comparison
When we talk about stock broking, how can we forget to mention Zerodha, a pioneer and another big name in the stock broking industry. While thinking of opening a Demat and trading account in India, a quite common name that comes to our mind is of course, Zerodha. It is also famous for its highly efficient discount trading platform and other useful services.
So, we have highlighted some of the major features of Zerodha to help you understand and compare both the platforms.
Zerodha Features:
- Trade all segments on BSE, NSE, BTST, MCDEX, Forex Trading Spot Trading, Mutual Funds etc.
- Zerodha Trading Account Opening Charges: Rs 300 only.
- Account Maintenance Charges: Rs.300 only.But,f you opt for Zerodha Form pickup facility, then you will be charged Rs 600.
- Zerodha Brokerage charges: It charges a flat fee structure with charges of Rs.20 per trade only. The best part is that Stock Delivery is charged free of cost. Here is the Zerodha Fees structure :
- Equity Delivery: Zero Brokerage
- Equity Intraday or Futures: 0.01% or Rs.20 whichever is lower
- Equity Options: Rs.20 flat
Zerodha charges a flat brokerage of Rs.10 per trade model whereas 5paisa has a fee structure of Rs.20 per trade. Although, this seems to be an attractive point for traders. But, there are other crucial factors like margin, investment offerings & satisfaction that matter.
So, you may also like to dig deeper into 5paisa vs Zerodha: Best Discount Brokers in India
5Paisa: Review
A popular name in the field of stock broking, one of the best discount brokers in India, 5Paisa has surely grown its name in the past few years. An advanced technology driven platform along with adequate customer support if required, are the key factors in making any service best. That’s what 5Paisa is proving to be, a complete package to satisfy your trading and investment initiatives in the long run.
Disclaimer: There is a high degree of risk involved in stock trading. Mutual funds are also subject to market risk.The details given on this website are for informational purpose and cannot be constituted as professional advice in any regard.
If interested in checking some other stock brokers, don’t forget to have a look at one of our highly popular posts: Best Demat and Trading Accounts in India
Did you like our 5Paisa Review? Do you wish to add any crucial point that we probably missed out? What is your take on the 5Paisa Demat and Trading Account? Which investing or trading platform are you using to build your financial portfolio? How was your experience of investing with any of the stock trading platforms? Do you prefer Zerodha, 5paisa or any other broker for that matter? Feel free to discuss your views in the comment section.
View Comments (4)
This is a very nice broker. Thanks for the review.
Thanks for the review. 5Paisa is a proven discount broker now.
When making comparison, if you can post the screenshots of the pages after logging into both the brokerages. It would been a good idea and an additional info for readers.
5Paisa is a good broker. It has taken discount brokerage to another level. Go for it.