5paisa Brokerage Charges, Margin, Trading Policy and Review 2021
5paisa Broker Review 2021
5paisa is backed by one of the leading financial services companies IIFL. India Infoline, the parent company, was incorporated in 1995. IIFL group offers wide range of financial products through over 1000 branches.
5paisa is a IIFL discount stock broker firm. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
Services offered by 5paisa
- Flat brokerage of Rs 10 for Equity Cash, F&O and Currency derivative.
- IPOs, NCDs, bond, ETF investment.
- 5paisa Robo Advisory
- Online Insurance –term, life, auto and health.
- Trading Online – Trade in Stocks, Futures & Options and Currencies at NSE and BSE.
- Online Mutual Funds – Invest in wide range of Mutual Funds, ETFs and Bonds.
- Online Insurances – Compare and buy Car, Health and Term insurance online.
- Free Mutual Fund Investment and automated personalized advisory to invest in Mutual Fund.
- Investment, Trading and Insurance services under one roof.
- High class technology driven trading platforms across web, desktop and app based.
Promoter & Key Person
- Nirmal Bhanwarlal Jain – he is founder of IIFL – 5paisa’s holding company
- PrakarshGagdani – CEO of the Company
- Santosh Jayaram – Product head of the 5paisa
- Mayur Dedhia – Business intelligence
- They are backed by India Infoline Financial Ltd ( IIFL )
5paisa Presence:
Maharashtra – Thane
Account Opening
- Trading Account Opening Fee – Rs 650 ( One time )
- Brokerage Account AMC – RS 0
- Demat Account Opening Fee – Rs 0
- Demat Account AMC – Rs 400 ( Perry )
5paisa Brokerage:
- Monthly Fee – Nil
- Equity Delivery – Rs 10 Flat per order
- Equity Intraday – Rs 10 Flat Per Order
- Future & Option – Rs 10 Flat Per Order
- Commodity – NA
Turnover Charges:
- Equity Delivery – Rs 325 Per Cr.
- Equity Intraday – Rs 325 Per Cr.
- Future – Rs 190 Per Cr.
- Option – Rs 2300 Per Cr.
- Currency Future – Rs 135 Per Cr
- Currency Options – Rs 2400 Per Cr.
- Commodity – NA
Other Charges
- Minimum Brokerage – Rs 20
- Call N Trade Charges – Rs 20 Per Order
- Dp Slip Charges – Rs 25 Per Scrip
- Stamp Duty – Charges as per State Resident
5paisa Margin / Exposures / Intraday Leverage
- Equity Intraday – Upto15 Times on F&O base stocks
- Equity Delivery –Upto 5 times on Delivery Leverage Margin Funding
- Future – Upto2 times ( Intraday )
- Option – Upto2 times on Only Short Position ( Intraday )
- Currency Future – Upto2 times ( Intraday )
- Currency Option – Upto2 Times on Short Position ( Intraday )
- Commodity – NA
5paisa Trading Platform and Web
It’s Web is basic level web base trading platform where you can trade in all segment with
- live streaming quotes
- Charting tool
- Live stock tips
- Technical indicator
- Mutual Fund investment
- Instant Fund Transfer
5paisa Mobile App
5paisa mobile allow you to trade from anywhere, Mobile app available on Android as well as Iphone. App allowed to Open Paperless trading account with 5paisa once you downloaded from App store / PlayStore.
Android
- 500 Thousand downloads
- 0 Rating by 7858user
IOS (IPHONE)
- 8 Rating by 198user
5paisa mobile app review
- Easily search for stocks, even the complex ones.
- Access all NSE cash, Futures and Options and Currencies scrips.
- Live stock market price
- Multi-asset live watch list
- Advance charting and technical analysis
- Auto Investor fully customized mutual fund investment portfolio.
5paisa Desktop Trading Review
- 5paisa exe trading terminal is designed for professional traders who need advance trading tools.
- The desktop application offers real time data
- advance charts for intraday and historic stock prices.
- Variety of keyboard shortcuts are available to monitor the market on real-time basis and place orders faster.
- Trading ideas
- Multiple Watchlist
Customer Service & Support
- Online Customer Care support – +918976689766
- Email Support – [email protected]
- Branch Support – in Mumbai / Thane
- Social Media
Other Product and Services
- Open Aadhar based paperless account in 5 minutes, sign application using e-Sign.
- Robo Advisory is a fully automated investor advisory system which provides financial advices based on the answers you provide to the questions asked to you.
- Build using the advance computer technology, the 5paisa Robo advisory offers low-cost, handy and irrational investment advisory platform to its customers.
- Online Mutual Fund Platform
Pros
- Lowest Brokerage Rs 10 Flat per Order
- Provide Own Demat Account
- Roby advisory Platform for mutual fund
- Single app for all investment – Equity Trading & mutual fund investment , IPO
- EASY to use HTML 5 base Trading platform
Cons
- No Branch Network
- Call n Trade Charges
- No monthly Plan
- Average Customer Service
- GTC not available
Also Read: Compare Brokerage Companies in India
