Discount Broker Depository: CDSL
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A discount broker backed by IIFL. 5paisa provides tools and features relevant to both traders and investors. One of the fastest growing discount brokers in India.

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 Plans:

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 Charges

Free

Account Maintenance Charges

₹ 45

Plan Charges

₹ 499

Call & Trade Charges

₹ 100
Brokerage

Equity Delivery Brokerage

₹ 10

Equity Intraday Brokerage

₹ 10

Equity Futures Brokerage

₹ 10

Equity Options Brokerage

₹ 10

Currency Futures Brokerage

₹ 10

Currency Options Brokerage

₹ 10

Commodity Futures Brokerage

₹ 10

Commodity Options Brokerage

₹ 10
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

20x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

3x

Currency Options Margin

0x/3x

Commodity Futures Margin

2x

Commodity Options Margin

0x
Charges

Account Opening Charges

Free

Account Maintenance Charges

Free

Plan Charges

₹ 999

Call & Trade Charges

Free
Brokerage

Equity Delivery Brokerage

₹ 10

Equity Intraday Brokerage

₹ 10

Equity Futures Brokerage

₹ 10

Equity Options Brokerage

₹ 10

Currency Futures Brokerage

₹ 10

Currency Options Brokerage

₹ 10

Commodity Futures Brokerage

₹ 10

Commodity Options Brokerage

₹ 10
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

20x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

3x

Currency Options Margin

0x/3x

Commodity Futures Margin

2x

Commodity Options Margin

0x
Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 45

Call & Trade Charges

₹ 100
Brokerage

Equity Delivery Brokerage

₹ 20

Equity Intraday Brokerage

₹ 20

Equity Futures Brokerage

₹ 20

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

₹ 20

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

₹ 20

Commodity Options Brokerage

₹ 20
Margins

Equity Delivery Margin

4x

Equity Intraday Margin

20x

Equity Futures Margin

4x

Equity Options Margin

4x

Currency Futures Margin

3x

Currency Options Margin

0x/3x

Commodity Futures Margin

2x

Commodity Options Margin

0x
Trading Platforms Learn More

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.

Trade Station Web Trade Station Exe App
Pros

Advantages and Strengths of this broker.

  1. IIFL Group, that is a premier Indian NBFC with experience of over 2 decades, is the promoter of 5paisa.
  2. Provides an option to choose from 2 Subscription plans as per your trading needs.
  3. Offers free technical, derivative, and fundamental research with an advanced trading platform for traders.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. High Demat transaction charges.
  2. Higher exchange transaction charges in comparison with other discount brokers.
  3. Call & Trade is available at a high additional cost.
  4. 5paisa does not offer NRI trading services.
  5. Promotions of other products on the website.
  6. Call & Trade service is chargeable even if the mobile application is not working.
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 Reports
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
Finology Ratings & Reviews for 5paisa

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3.5)

Usability

(3)

Customer Service

(2.7)

Charges Review

  • 5paisa offers flat brokerage charges.
  • They have different brokerage plans for which a premium is charged.
  • The call & trade charges are higher than other brokers.
  • 5paisa provides various services such as portfolio analyzers, monitoring service, etc. with their premium plans.

Customer Service Review

  • 5paisa provides support over call & email, but as per customer reviews, the response is delayed.
  • Automated chat support is available, and they also offer an option to raise a ticket.
  • FAQs are categorically available on the website.

Ease of Use Review

  • The trading platforms are user friendly.
  • Platforms with terminal experience are available at an extra charge.
  • Back office is integrated with the trading platform.
  • Educational content is adequately available on the website.
  • Single platform can be used to invest in insurance, mutual funds etc.

Account Opening Procedure Review

  • The online account opening process is easy for individual accounts.
  • Submitting a physical copy of the POA form is mandatory.
  • The offline process is cumbersome and time consuming.
  • They do not have much physical presence and do not support NRI accounts as well.

Why Choose 5paisa? Know Everything about 5paisa here.

Verdict 

5paisa offers advanced trading tools along with flat brokerage plans. Premium plans are available at an extra cost. Adequate educational content is available on the website. Most the additional services such as portfolio analyzer, research tools etc. are chargeable. These features make the broker a preferred choice for both traders as well as investors.

If you are a trader, the broker provides you with

  • Premium plans & software for advanced trading facility.

  • Margins against shares is provided.

  • Traders can create their own screen with their preference & suitability.

  • Shortcut keys for faster order placing in the platform.

If you are an investor, the broker provides you with

  • Premium plan includes intelligent portfolio, in depth analysing tool and research reports for better decision making.

  • Stock ideas for long term investments in premium subscription.

  • Single platform for investing in stocks, insurance, mutual funds etc. 

  • A well drafted knowledge centre for investor education.

Trading Tools

Mobile - 5paisa Trading App

It is available for both Android as well as IOS. The trading app is available for free to all its customers. Allows stock trading in all segments. Access to research and advisory inside the app. Live quotes on stocks and markets. Mutual Fund investment in lumpsum & Systematic Investment Plan (SIP). Robo Advisory - A fully automated advisory system for investors. Real-time, streaming quotes for all segments with advanced charting tools. Simple user interface that makes the app easy to use and suitable for both investors and traders.

Trade Station Web 

Trading website of 5paisa for all its customers that they can use through their personal computers. Provides market analytics, Advanced charts for stock analysis, placing bulk orders in a single click, consolidated view to check the market depth and Option Chain, positions & portfolio, Trade across different segments like equity, derivatives and currency, Market watchlist to monitor scrip, Portfolio tracker and Access to multiple reports.

Trade Station EXE

Desktop platform for active traders that comes with fast execution and advanced charting tools to analyze the stock before taking a position. It also features high security, integrated back-office, in depth stock view tool etc. These features are additional to the ones that are offered by Trade Station Web.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00325% - NSE

0.00325% - NSE

0.0019% - NSE

0.05% - NSE

Demat Transaction Charges

Sell side, ₹ 12.5 per scrip +Gst for free demat account, for ultra trader pack - No charges

NIL

NIL

NIL

Clearing Charges

As per nse and bse

As per nse and bse

0.0002% - NSE

0.005% - NSE

GST

18% on Brokerage + Transaction + Demat Charges

18% on Brokerage + Transaction

18% on Brokerage + Transaction + Clearing Charges

18% on Brokerage + Transaction + Clearing Charges

STT

₹ 100 per Lacs

Sell side, ₹ 25 per Lacs

Sell side, ₹ 10 per Lacs

Sell side, ₹ 50 per Lacs

SEBI Charges

₹ 15 per crore

₹ 15 per crore

₹ 15 per crore

₹ 15 per crore

For Commodity

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0026% - Non Agri

-

Clearing Charges

0.00%

0.00%

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

NA

NA

SEBI Charges

NA

NA

stamp duty

0.02 % or ₹ 200 per crore on by side future

o.003 % or ₹ 300 per crore on buy side options

CTT

0.0001 % on exercise purchaser, 0.01 % for sell future

0.05 % option sell

For Currency

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE
0.00022% - BSE

0.04% - NSE
0.001% - BSE

Clearing Charges

0.0004% - NSE
0.0004% - BSE

0.025% - NSE
0.025% - BSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

NA

NA

SEBI Charges

NA

NA

stamp duty

0.001 % or Rs 10 per crore on buy side

0.001 % or Rs 10 per crore on buy side

5paisa Complaints & Stats

Company name:

5Paisa Capital Limited

Contact:

8976689766

Email:

support@5paisa.com
5paisa Customer Reviews

Overall Rating

3.3

Based on 6 reviews

Rating Summary

5
33%
4
16%
3
16%
2
16%
1
16%

Review Analytics

Platform 0 votes

Charges 0 votes

Transparency 0 votes

Features 0 votes

Customer Support 0 votes

k. ritika

(5)

Posted on 23 Apr 2021

Really recommended

sanjay maske

(3)

Posted on 06 Jan 2021

Not very good

yogendra

(1)

Posted on 21 Dec 2020

good services for 5 paisa brokrge company

darshan koradia

(4)

Posted on 19 Dec 2020

Nice and eay touse

junaid sheikh

(5)

Posted on 19 Dec 2020

5paisa is very good discount broker. Its screener is very helpful to analyse stocks

abhishek agrawal

(2)

Posted on 18 Dec 2020

Great broker As they assist about any issue and also their CEO talks live on YouTube from time to time and helps investors