5paisa
5paisa is one of the fastest growing discount brokers in India. Broker provides tools and features relevant to both traders and investors.
Product Basket
The segments in which you can invest through this broker
Equity
Options
Currency
Futures
Commodity
Trading Platforms
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.
Trade Station Web
Trade Station Exe
Mobile App
Charges
Account Opening Charges – Free
Account Maintenance Charges – ₹45 (per Month)
Call and Trade – ₹100
Brokerage Charges
Equity Delivery – ₹20
Equity Intraday – ₹20
Equity Futures – ₹20
Equity Options – ₹20
Currency Futures – ₹20
Currency Options – ₹20
Commodity Futures – ₹20
Commodity Options – ₹20
Margins
Equity Delivery – 4x
Equity Intraday – 20x
Equity Futures – 4x
Equity Options – 4x
Currency Futures – 3x
Currency Options – 0x/3x
Commodity Futures – 2x
Commodity Options – 0x
Pros
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5paisa is backed by IIFL group. IIFL is the well known India NBFC with the experience of more than 2 decades.
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5paisa provides 2 different plans as per your trading needs.
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5paisa offers Free fundamental, technical and derivative research reports.
Cons
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5paisa charges very high Demat transaction Charge.
- High Exchange Transaction Charges compare to peers.
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Call and Trade facility is available but charges are very high.
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Does not provides NRI services.
3 in 1 Account