5paisa.com is a leading online stockbroker in India that provides discount brokerage services to retail investors. 5paisa Capital Ltd is a publicly traded and professionally managed company .It had over 1.2 million customers as of March 2021.
5paisa online trading is available in equity, commodity, and currency on the BSE, NSE, and MCX. It is a flat-rate discount stockbroker. It charges a flat 20 Rs brokerage fee regardless of the size of the trade, segment, or exchange.
How 5paisa is different from other online brokers?
5paisa offers a variety of financial investment products in a single location. The following are some of the reasons why most investors prefer 5paisa.
- Lowest fees: 5paisa charges a flat fee of Rs 20 per order executed. With our value add packs, this charge is reduced to Rs 10, the lowest in the industry.
- Research Ideas: 5paisa is the only discount broker that offers in-depth research and advice on over 4,000 companies. We offer short-term and long-term calls, as well as derivative strategies and portfolio-based investment ideas.
- Margin Funding: 5Paisa offers customers the option of margin trade funding, which allows them to pay only a portion of the delivery price in cash. 5paisa funds the balance at a nominal rate of 0.06% per day.
- Multi-Product App: 5paisa is a one-stop shop for all investment products, including gold, peer-to-peer lending, insurance, mutual funds, and US investment.
- Analytics Services: 5paisa provides Portfolio Analyzer, a tool that allows you to independently analyse the performance of your portfolio and improve your investment strategy.
- Value-add packs: With value-add packs, you can get the first 100 trades FREE every month, and from the 101st trade, a flat fee executed order (50% discount) is charged for all segments
5paisa – Company Highlights
| Headquarters | Thane |
| Industry | Finance, Stock Exchange |
| Founders | Prakarsh Gagdani |
| Founded | 2016 |
| Registered client | 1,075,717 |
| Website | 5paisa .com |
5paisa Account Opening Charges
| Transaction | Charges |
| Account opening charges | Free |
| Amc charges | 300 |
5paisa Brokerage Charge
| ID | Transaction | Charges |
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | Rs 12.50 per transaction per script |
| 4 | Annual Maintenance Charges (AMC) | Rs 300 per year |
| 5 | Demat + Courier charges | Rs 15 per certificate + Rs 40 as postal charges |
| 6 | Remat | Rs 15 per certificate or Rs 15 for every 100 securities or part thereof whichever is higher + Rs 40 for courier |
| 7 | Pledge Creation |
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5paisa advantages and disadvantages
5paisa Advantages
The benefits of 5paisa are as follows. Before you open an account with 5paisa, you should read the benefits and drawbacks. The pros and cons of 5paisa will help you determine whether it is suitable for your investment needs.
- A flat rate of 20 Rs per order, regardless of the size of the trade, segment, or exchange.
- All-in-one account for investing in stocks, mutual funds, commodities, currencies, research, and advisory services.
- Paperless account opening in 5 minutes.
- Lowest DP Charges
- Free Mutual Fund account
- Multilingual trading app
- The trading platform is free and includes a mobile app, a website, and a desktop trading terminal. There are no software fees.
- Provide Stock Investment Ideas and Research tools
- Algo trading and Robo Advisory services
- Provides customers with free technical, derivative, and fundamental research and advice for a fee.
- Technical support via email and mobile.
5paisa Disadvantages
- Customers receive margin funding without notice. This causes significant confusion and results in the customer paying exorbitant interest charges.
- Exorbitant demat debit transaction fees. In the Optimum plan, they charge Rs 25 or 0.025%.
- Higher exchange transaction charges in competition to other discount brokers.
- Call & Trade is available in the Optimum plan for an additional Rs 100 per call. The customer can execute any number of trades in a single call for a flat fee of Rs 100.
- Research & advisory services are not available in Optimum Plan.
- 5Paisa doesn’t offer NRI Trading services.
- Doesn’t offer 3-in-1 account.
5paisa Complaint
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
| NSE | 2022-23 | 652,353 | 250 | 0.04% |
| BSE | 2022-23 | 172,986 | 18 | 0.01% |
Additional information
| Offline no. brokerage / registered AP. | NA |
| Research & advisory services | NA |
| Referral amount | ₹100 & 12.5% brokerage sharing |
| API charges | Free |
| Call & Trade charges | ₹100 + GST |
