Updated: Dec 12, 2019
5paisa is a Mumbai based India's 2nd largest discount broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Infoline, the parent company, was incorporated in 1995. IIFL group offers wide range of financial products through over 1000 branches. IIFL (a traditional brick-and-mortar broker) used 5paisa brand for its online retail broking business for many years.
Services offered by 5paisa
Online Trading - Trade in Equity, Equity F&O, Currencies and Commodities at NSE, BSE and MCX.
Online Mutual Funds - Invest in wide range of Mutual Funds, ETFs and Bonds.
Online Insurances - Compare and buy Car, Health and Term insurance online.
5paisa Robo Advisory
For a normal investors it is challenging to choose couple of Mutual Funds among thousands available in the market. It's also not feasible to find a human investment advisory every single time you thing about investing.
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.
5paisa Robo Advisory helps customers in choosing Mutual Funds and Insurance products.
Special Offer: FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹10 per order. Get the offer
5paisa's Trading Platforms
The 5paisa Trading Platform is built on IIFL's trading platform which is being used by many customers over last 2 decades. The trading platform of 5paisa is available on mobile app, browser (web) and installable desktop trading application.
The 5paisa mobile trading app offers trading at BSE/NSE and Robo Advisory on the go. Customer can download this free app from Google App Store or Apple App Store. The simple intuitive app can be used to buy stocks, trade in stock and currency futures & options, invest in mutual funds, etf's and bonds ect.
Browser Based Trading
5paisa has a powerful trading website which can be accessed from any available web browser on computer, laptop, mobile devices or tablets. The website (also called 5paisa Trader Station) offers all trading and investment options under one domain.
The web based trading platform is well integrated with payment gateway and banks for instant fund transfers.
5paisa installable trading terminal is designed for frequent 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.
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Share Trading Account
5paisa is India's fast growing discount broker offering investing and trading services in segments including stocks, derivatives (F&O) and currency. 5paisa is member of BSE and NSE. 5paisa trading account is backed by the experience and technology developed by its parent company IIFL for over 20 years in retail broking industry.
5paisa offer trading services under a simple brokerage plan. Customers can trade across the segments for a flat rate of Rs 10 per executed order, irrespective of the size of the order. This brings saving up to 90% in comparison to traditional brokers who charge brokerage fee in % of the total turnover.
5paisa trading account is well integrated with other products they offer including mutual funds, etf, bonds and insurance.
Mutual Fund Account
Online Mutual Funds Investment Account is a key offering from 5paisa. You can open just a Mutual Funds Investment Account with 5paisa for free of charges.
5paisa also offers Systematic Investment Plans (SIP), an automatic periodic investment option in stock market though mutual funds.
The 'Auto Investor' tool is available free of charge to its customer which helps with online MF advisory. This tool help in choosing the right funds based on their risk profile and return expectations.
5paisa Special Offers
Limited Time Offer - Free Account Opening (₹650 waived)
Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹10 per order.
5paisa Brokerage Charges 2019
Account Opening Fees & Annual maintenance charges (AMC)
Trading Account Opening Charges (One Time) ₹650
Trading Annual maintenance charges (AMC) ₹0
Demat Account Opening Charges (One Time) ₹0
Demat Account Annual Maintenance Charges (AMC) ₹400
5Paisa Trading Brokerage Charges
Segment Brokerage Fee
Equity Intra-day ₹10 per trade
Equity Delivery ₹10 per trade
Equity Futures ₹10 per trade
Equity Options ₹10 per trade
Commodity Futures ₹10 per trade
Commodity Options ₹10 per trade
Currency Futures ₹10 per trade
Currency Options ₹10 per trade
Check out 5paisa Brokerage Charges, Fees, AMC, Transaction Charges. Get detail about 5paisa pricing, 5paisa brokerage calculater, 5paisa brokerage, 5paisa plans, 5paisa brokerage review, 5paisa brokerage plans, 5paisa fund transfer, 5paisa intraday brokerage, 5paisa charges, 5paisa charge list, 5paisa charges calculator, 5paisa prepaid brokerage plans, 5paisa yearly charges, 5paisa fees, 5paisa yearly maintenance charge, 5paisa option brokerage and 5paisa trading charges.
How to open account with 5paisa Capital Ltd?
5paisa's 2-in-1 account (demat + trading account) gives its customer an option to invest and trade in stock market as well as in mutual funds. If you are looking for only Mutual Funds as investment options, a separate Mutual Fund Account is available.
5paisa offers completely paperless account opening based on Aadhaar. If you have Aadhaar number and your Aadhaar number is mapped to correct mobile number, the account opening process is real fast. After completing the online application, the online trading accounts get activated in few hours.
You could also download the application form, print it, fill it up and send it to 5paisa Mumbai office to open the account.
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5paisa Short Selling
Equity Futures & Options - 5Paisa allow intraday and overnight short selling in F&O segment.Equity Cash - 5Paisa allows short selling only for Intraday, but not for overnight positions. Short selling is available in all groups except z category or T2T script.
5Paisa SEBI Membership: INZ000010231
5Paisa NSE Member ID: 14300
5Paisa BSE Clearing Number:: 6363
5Paisa Exposures / 5Paisa Leverage / 5Paisa Margin
5Paisa Exposure for Equity Intraday Trading - 5Paisa offers up to 20 times exposure. The scrip category wise detail of margin is provided below.
5Paisa Exposure for Equity Delivery Trading - 5Paisa offers up to 3.5 times leverage for equity delivery trading. The scrip category wise detail of margin is provided below.
5Paisa Exposure Futures Intraday Trading - 5Paisa lets clients take MIS (Margin Intraday Squareoff) positions with following margin:Equity & Index futures - 3 times margin (Order squared off at 3:20pm)Currency futures - 1 times margin (Order squared off at 4.30pm)
5Paisa Exposure Options Intraday TradingOptions long: 1xOptions short: 3x
5paisa Pros and Cons
Backed by IIFL, a premier non-banking financial institution in India with experience of over 2 decades.Simple and cheaper brokerage plan of Rs 10 per executed order irrespective of segment (Equity, F&O and Currencies) or size of the order.
Free trading platform including mobile app, website and desktop trading terminal.Offers free technical, derivative and fundamental research & advice to customers.
Doesn't offer 3-in-1 account.Very high demat debit transaction charges. They charge 0.04% (minimum Rs 25 per debit transaction). Most other discount brokers charge flat Rs 8 per transaction.Higher exchange transaction charges in competition to other discount brokers.
Call & Trade is available at an additional cost of Rs 100 per call. The customer can place any number of trades in one call for Flat rs 100 fee.5Paisa doesn't offer NRI Trading & Demat Account.