5 Paisa: Review, Rating, Is It Worth Opening a Account?
5 Paisa is an online stock broker that provides online trading and demat account with completely paperless process. Backed by IIFL one of the leading NBFC company 5 paisa is a trusted broker. The trading platform offered by 5 Paisa is loaded with so many advanced features that helps investor to trade and invest in mutual fund and insurance. Above all 5 paisa is no doubt the best discount broker in the market.
5 Paisa: Review, Brokerage Charges & Other Details
5 Paisa is an Indian stock brokerage company Primarily based in Mumbai, Maharashtra offering equity investment for retail and institutional brokerage, and also trades in currencies and commodities. 5 Paisa was launched in 2016 and currently the company is located in many cities in India. 5 Paisa is a member of Indian National Stock Exchange, Bombay Stock Exchange, Multi Commodity Exchange MCX-SX.
5 is also known for its low brokerage model and backed by giant financial service company India Infoline ( IIFL). 5 Paisa school offers educational platform for new as well as experienced investors.
|5 Paisa Brokerage and Charges|
5 Paisa Equity Brokerage
5 Paisa Equity F&O Brokerage
5 Paisa Currency F&O Brokerage
5 Paisa Trading & Tools
5 Paisa Mobile App:
- Clean UI: 5 Paisa Mobile App is a sleek investment and trading platform with good innovations given with wonderful usability, investing within the stock markets has never been this easy.
- Advance Chart: Many of indicators, statistical tools, and on a powerful and customisable charts makes it one of the best trading platform .
- One Universal App For Trading, Mutual Fund, Insurance: 5 Paisa Mobile App is one universal platform that offers equity trading, mutual fund and Insurance.
5 Paisa Margin Trading For Holding:
5 Paisa offers margin trading for equity stocks that no discount broker offers without additional charges (Apart for from Interest).
5 Paisa Equity Delivery margin
- Category E Stocks: 4x margin
- Category A Stocks: 3.5 x Margin
- Category B Stocks: 3x Margin
- Category C Stocks: 2x Margin
- Category D Stocks: 1.5x Margin
How to Open 5 Paisa Trading account?
5 paisa offers 2-in-1 account provides its client a choice to invest and trade exchange in addition as in mutual funds. If you’re trying to find solely Mutual Funds as investment choices, a separate investment trust Account is accessible.
5paisa offers paperless account opening service supported with Aadhaar Card. If you have your Aadhaar Card number and your Aadhaar Card is mapped to your mobile number, the account opening method is real quick. when finishing the application , it will process with in hours.