5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (2024)

5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (3)

-1.49% 542,458 Clients

5paisa Account Opening Enquiry

FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients.

5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange.

5Paisa offers three subscription plans; Regular Account Pack, Power Investor Pack, and Ultra Trader Pack. These plans provide you the various benefits from Zero Account opening charges to Flat Fee reducing from Rs 20 to Rs 10.

5paisa Mutual Funds offering includes both Regular as well as direct mutual funds. 5paisa change flat Rs 10 per executed order for online mutual funds investment. An investor can invest in a lump sum or through SIP.

5paisa demat account is offered through its depository participant membership with CDSL. It is awarded as Premier Depository Participant by CDSL in March 2019.

5paisa trading platform includes Mobile Trading App, Trading Website, and Installable Trading Terminal. These platforms are built on the latest technology and recognized for the best use of mobile technology in financial services.

How 5paisa is different from other online brokers?

5paisa is a one-stop-shop for a range of financial investment products. Below are the reasons why 5paisa is a preferred choice for most investors.

  • Lowest charges: 5paisa charge flat Rs 20 per order executed. This charge becomes Rs 10 with our value add packs, which is the lowest in the industry.
  • Research Ideas: 5paisa is the only discount broker to provide exhaustive research and advisory on more than 4,000 companies. We provide short-term and long-term calls, Derivative strategies, and also portfolio-based investment ideas.
  • Margin Funding: 5Paisa provides the customer a facility of margin trade funding wherein a customer only pays a partial amount of the delivery bought in the cash segment. The balance is funded by 5paisa for a nominal rate of 0.06% per day.
  • Multi-Product App: 5paisa is not just a trading app, it is a one-stop-shop for all investment products including gold, peer-to-peer lending, insurances, mutual funds, and US investment.
  • Analytics Services: 5paisa offers Portfolio Analyzer - a tool to analyze the performance of your portfolio on your own and improve your investment strategy.
  • Value-add packs: With value-add packs, you can get the first 100 trades FREE every month and a flat fee of âââ‚-šÂ¹10/executed order (50% discount) is charged from 101st trade for all segments.

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Account Types

  1. 5paisa Trading & Demat 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.com offer trading services under a simple brokerage plan. Customers can trade across the segments for a flat rate of Rs 20/order in Optimum Plan and Rs 10/order in Platinum Plan and Free Equity Delivery in Titanium Plan. 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.

  2. 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 subscription plans

5Paisa offers three subscription plans - Basic, Power Investor and UltraTrader Plan. New customers can subscribe to the plans while opening the account. Existing customers can subscribe to the plans using 5Paisa website or mobile application.

5paisa Brokerage Plans 2021

Regular Account Plan

Power Investor Pack

UltraTrader Pack

Account Opening Fee

Free

Free

Free

Brokerage

Rs 20 per order

Rs 10 per order

Rs 10 per order

Call & Trade

Rs 100 per call

Rs 100 per call

Free

Demat AMC

Rs 25 per month

Rs 25 per month

Rs 25 per month

DP Transaction Charges

Rs 12.5 per scrip (sell side)

Free

Free

Fund Transfer Charges

Net Banking: Rs 10, UPI: Free and IMPS: Free

Net Banking: Rs 10, UPI: Free and IMPS: Free

Free

Direct MF Investment Charges

Rs 20

Free

Free

Research Advisory

Not Available

Free

Free

Free Trades

NA

NA

Free 100 trades per month maximum of Rs 1000

Dedicated Customer Support

NA

Free

Available

5paisa Charges 2024

5paisa Account Opening Charges & AMC

ServiceCharges
Trading Account Opening Charges (One Time)Rs 0 (Free)
Trading Annual Maintenance Charges (AMC)Rs 0 (Free)
Demat Account Opening Charges (One Time)Rs 0
Demat Account Maintenance Charges (AMC)Rs 300 yearly (charged as Rs 25 per month)

5Paisa Trading Brokerage Charges

SegmentBrokerage Fee
Equity Intra-dayRs 20 per trade
Equity DeliveryRs 20 per trade
Equity FuturesRs 20 per trade
Equity OptionsRs 20 per trade
Commodity FuturesRs 20 per trade
Commodity OptionsRs 20 per trade
Currency FuturesRs 20 per trade
Currency OptionsRs 20 per trade

Visit 5paisa Brokerage Charges Review for more detail.

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa Online Account Opening

5paisa's 2-in-1 account (demat + trading account) gives its customer an option to invest and trade in the 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 really 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.

5paisa Trading Software (5paisa 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 install-able desktop trading application (Exe).

5paisa Trading Software

  1. 5paisa Mobile App

    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.

  2. 5paisa Web Trading (5paisa.com)

    5paisa has a powerful trading website (www.5paisa.com) 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.

  3. 5paisa Trade Terminal

    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.

Visit 5paisa Trading Software Review for more detail.

5paisa Account Opening Enquiry

FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa Pros and Cons

5paisa Pros (Advantages)

The following are the advantages of 5paisa. You must read 5paisa advantages and disadvantages before opening an account with 5paisa. 5paisa pros and cons help you find if it suits your investment needs.

  • Flat 20 Rs/order irrespective of size of trade, segment or exchange.
  • All in one account to invest in stocks, mutual funds, commodity, currency, research and advisory.
  • FREE and paperless account opening in 5 minutes.
  • Lowest DP Charges
  • Free Mutual Fund account
  • Multilingual trading app
  • Free trading platformincluding mobile app, website and desktop trading terminal. No software charges.
  • Provide Stock Investment Ideas and Research tools
  • Algo trading and Robo Advisory services
  • Offers free technical, derivative and fundamentalresearch & advice to customersfor additional cost.
  • Technical calls on both Email and Mobile.
  • Promoted by the IIFL promoters. IIFL is a premier non-banking financial institution in India with experience of over 2 decades.

5paisa Cons (Disadvantages)

The following are the cons of 5paisa. Check the list of 5paisa drawbacks.

  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Very high demat debit transaction charges. They charge Rs 25 or 0.025% in Optimum plan.
  • Higher exchange transaction charges in competition to other discount brokers.
  • Call & Trade is available at an additional cost of Rs 100 per call in Optimum plan. The customer can place any number of trades in one call for Flat Rs 100 fee.
  • Research & advisory services are not available in Optimum Plan.
  • 5Paisa doesn't offer NRI Trading services.
  • Doesn't offer 3-in-1 account.

5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (4)

5paisa Margin Exposure

5paisa margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. 5paisa F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for 5paisa F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

5paisa Ratings

Overall Rating5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (5) 2.6/5
Fees5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (6) 2.9/5
Brokerage5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (7) 3.5/5
Usability5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (8) 2.7/5
Customer Service5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (9) 2.1/5
Research Capabilities5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (10) 2.4/5

Based on 95 Votes by 5paisa Customers

Do you trade with 5paisa? Rate 5paisa

5paisa Complaint

The number of 5paisa customer complaint received by the exchanges. The 5paisa consumer complaint report helps understanding the 5paisa Capital Ltd quality and relibility of service.

ExchangeFinancial YearNumber of Clients*Complaints**%
NSE2024-25542,458720.01%
NSE2023-24550,6893160.06%
BSE2023-24296,847550.02%
NSE2022-23652,3532500.04%
BSE2022-23172,986180.01%
NSE2021-221,754,3303240.02%
BSE2021-22157,397270.02%
NSE2020-21870,4056120.07%
BSE2020-2170,96970.01%
NSE2019-20434,0361990.05%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit 5paisa Complaints at BSE, NSE and MCX for detail report.

5paisa Short Selling

  1. Equity Futures & Options - 5Paisa allow intraday and overnight short selling in F&O segment.
  2. 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.com Membership

  1. 5Paisa SEBI Membership: INZ000010231
  2. 5Paisa NSE Member ID: 14300
  3. 5Paisa BSE Clearing Number:: 6363

Frequently Asked Questions

  1. 1. 5paisa.com Kya Hai?

    5paisa.com ???? ?? ????? ???? ???? ?????? ????????? ????? ?????? ??? ?? ???? ????? ?? ???????? ??? ??? ?????? ???????? ?? ????? ?????? ???? ??? ?? ???????? ?????????? ?? ????? ????????? ?? ???? ??????? ??? ?? ?????? ?? ????????? ???? ?? ?????? ???? ???

    5paisa.com BSE ?? NSE ??? ???? ?? ??????? ??? ???????? ?? ??? Rs 10 ????? ????? ???????? ?? ????? ???? ???

    5paisa.com IIFL ???? ?? ?????? ?? ?? 1995 ?? ????? ???????? ??????? ??? ???

  2. 2. What is 5paisa Capital Limited?

    5paisa is one of the leading online discount brokerage firms in India. The company is known for its low brokerage trading services. Apart from trading, 5paisa also offers online mutual funds, IPO applications, personal loans and insurance.

    5paisa Capital Ltd started its operations in March 2016. The company got listed on stock exchanges in Nov 2017. IIFL founder Mr. Nirmal Jain and Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax Financial Holdings) are among the major stockholder in the professionally-managed publicly-traded company.

  3. 3. Who owns 5paisa?

    5paisa Capital Ltd is a publicly-traded company which is managed professionally. The company got listed on BSE and NSE stock exchanges in Nov 2017. As of Jan 2020, two promoters of the company (Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax India Holdings) and Mr. Nirmal Jain.) are the major stack holders.

    A professionally managed company is run by the professionals who are also an employee of the company (not the owner). These professionals may or may not have any significant stake in the company.

  4. 4. How is 5paisa for trading?

    5paisa is one of the leading names in the discount broking industry. The company is known for its low brokerage plans, good online trading software, research and advisory services. It has over 1.5 lakh retail customers and is registered with SEBI, CDSL, BSE, NSE, MCX and NCDEX.

    5paisa is among fastest growing stock brokers in India. Their no-frill stock and commodity trading services are simple, fast and low-cost. 5paisa mobile trading app is their most popular trading tool. They also offer direct mutual funds which gives an additional of 1 to 1.5% yearly earning.

  5. 5. How good is 5paisa?

    5paisa is among the top discount broker in India. The company offers online stock broking services to its customers. Key features of 5paisa services include:

    • Online trading at BSE, NSE and MCX
    • Online Mutual Fund investment (Direct & Regular MFs)
    • Flat Rs 20 per executed order brokerage
    • 3 different brokerage plans available
    • Offers good online trading platforms (mobile app and website)
  6. 6. What is brokerage at 5paisa.com?

    5paisa offers 3 brokerage plans to its customers - Optimum, Platinum and Titanium. The brokerage fee varies as per the chosen brokerage plan.

    5paisa Brokerage Scheme

    Brokerage Plan

    Monthly Charge

    Brokerage Charge

    Optimum

    None

    Rs 20 per order for all Segments

    Platinum

    Rs 499 per Month

    Equity Options Rs 2 per lot, Others Flat Rs 10 per order

    Titanium

    Rs 999 per Month

    Equity Delivery: Free

    Equity Options: Rs 2 per lot

    Others: Rs 10 per order

  7. 7. How to open 5paisa account?

    5paisa offers a 2-in-1 account including a trading and a demat account. Both trading and demat accounts are required. The account can be opened instantly if you have an Aadhar card linked to your phone number. To open a 5paisa account online, you need a PAN card, Aadhar Card, Photo and a Cancelled Cheque. Here are steps to open 5paisa account:

    • Visit 5paisa.com website.
    • Enter your mobile number on the form available on the home page
    • Fill in the details required like personal information, bank details
    • Upload documents
    • Pay the account opening fees online
    • E-sign on the form

    If all the submitted documents are in the correct order, your account is activated in 2 days. A welcome email is sent to the customer with login credentials.

  8. 8. How to invest in 5paisa.com?

    To invest and trade with 5paisa.com, you need to open a 2-in-1 (trading & demat) account and link it with your savings bank account. 5paisa offers a paperless online account opening.

    Once the account is opened, you can invest or trade in Stocks, Futures & Options, Commodities and Currencies across exchanges. 5paisa customers can trade at any time using a mobile trading app or its website 5paisa.com.

  9. 9. Is 5paisa legit?

    Yes, 5paisa is a legit stock brokerage company formed under the Company Act and registered with SEBI, CDSL, BSE, NSE, and MCX. 5paisa Capital Ltd is regularly audited by regulatory bodies and exchanges. Below are 5paisa membership ids:

    • 5paisa Capital Ltd CIN: L67190MH2007PLC289249
    • Stock Broker SEBI Registration No.: INZ000010231
    • SEBI RA Registration No.: INH000004680
    • CDSL Member ID: IN-DP-192-2016
    • AMFI Registration No.: ARN-104096,
    • NSE Member ID: 14300
    • BSE Member ID: 6363
    • MCX Member ID: 55945
    • Investment Adviser Registration No: INA000014252
  10. 10. How to use 5paisa mobile app?

    The 5paisa mobile app can be downloaded from app stores of your Android or iPhone. Visit the app store and search for '5paisa' and download the app with the name '5paisa: Stocks, Share Market Trading App, NSE, and BSE'. Login using your 5paisa account ID and password. You could add stocks of your interest in the watchlist and place buy/sell orders.

  11. 11. How to close 5paisa account?

    5 paisa account can be closed by sending an account closure request to the broker. 5Paisa customers have to download a PDF form from its website, print it, fill it, sign it and send it to the 5paisa office address provided in the form.

    The 5paisa account cannot be closed online by submitting the account closure form via email. You have to submit the physically signed paper form.

    Steps to close 5 paisa account

    1. Call 5paisa or email at [email protected] to inform.
    2. Download the 5paisa Account Closure Request Form.
    3. Print, fill, and sign the forms as per instructions.
    4. Send the paper form to the address provided.

    Note:

    • Close all open F&O positions and sell or transfer your Demat holdings before sending the closure form.
    • Clear all dues in your account.
    • Keep a copy of the filled form you sent for reference.
    • Make sure to follow up for account closure.

    If you are not using your 5paisa trading and Demat account, it is advisable to close it to avoid AMC charges and misuse of the 5paisa account.

  12. 12. Is 5paisa and IIFL same?

    5paisa and IIFL Securities are two different stock brokers though they are promoted by the same person Mr. Nirmal Jain. Both 5paisa Capital Ltd and IIFL Holdings Ltd (formerly India Infoline Ltd) are publicly traded companies listed at BSE and NSE.

    IIFL Holdings Ltd was incorporated in 1996 as India Infoline. It started as a stockbroker and soon become a diversified financial service provider. IIFL Securities is a subsidiary of IIFL holdings. IIFL Securities is a full-service stockbroker offering a wide range of financial services including trading and investment in equity and commodity.

    5paisa Capital Ltd was incorporated in 2016 as a discount brokerage arm of IIFL Holdings. In 2019, the company was demerged and got listed at the stock exchanges. It is now an independent entity that has very little to do with IIFL.

    IIFL and 5paisa comparisons

    IIFL Securities

    5paisa Capital

    Full-service broker

    Discount stock broker

    Offer a wide range of product and services

    Mainly a stock broker.

    Charge a very high brokerage for its services.

    Charge ultra-low brokerage rate of Rs 20 per trade and brokerage free equity delivery.

    In-house research team offering tips and recommendations

    No in-house research capabilities. It uses IIFL services in this area for an additional fee.

    Offer NRI Trading account

    Doesn't offer NRI Trading account

    Inhouse team to build and maintain trading platforms.

    It uses the IIFL IT infrastructure.

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

228 Comments

228.Anusha || Link|August 11, 2024 10:15:18 PMReply

After over period of time 5paisa used to add interest charges for F&O Margin without any logic, customer support, service people would not understand/react responsibly. But customer service will call for monthly/yearly power pack regularly. Your Demat account will be used for buy/ selling stocks without your money/knowledge. This is my 2.5years experiance.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

227.Manish || Link|June 9, 2024 4:41:39 PMReply

Very poor app and broker..i wanted to open demat acc I have given all my documents even they asked to upload my one year bank statement but after a month they don't activated my acc when I call to call centre they always asked me 2 days more .. imagine after acc opning if u face any issue they will never support me thank God I did not open acc with 5 Paisa

226.Pallavi wate || Link|April 26, 2024 1:33:24 AMReply

Mera account kafi dinon se reactivate hai Maine customer care ko continue call kara 1month se jyada ho gaya hai mera account reactivate hai main call kar karke bahut pareshan Ho gai Hu customer care ko lekin unse koi bhi properli support nahin mil raha hai

225.Sumit Sinha || Link|April 4, 2024 1:02:36 AMReply

This is worst broker. Never open an account with 5paisa. From customer service guy to CEO everyone is indifferent to your issues/ complaint. They harass you so much that at one time you think it is better to leave and trade with someone else.

224.Priyanka G V || Link|February 23, 2024 1:38:37 AMReply

Fraud company 5 paisa , charges are hidden, I booked case in consumer court

223.Clara || Link|February 6, 2024 2:14:13 AMReply

My Name is Clara from Phoenix Arizona I want to share a brave story to the world how Dr Kuda the spell 346) 478-1991

222.Samiksha || Link|January 31, 2024 9:39:47 AMReply

On the website, it claims to open the account in 1 hour after document verification but in reality it takes more than 2-3 business days to open the account after document verification. Waste of valuable time.

221.Dharmi || Link|January 30, 2024 8:37:08 AMReply

your application is a waste of time and pathetic app. app is not working when the market is open, app is working fine when the market closes. what is this bullsh*t app, please close this app as soon as possible otherwise people will die because of a big loss.

220.rohini || Link|December 26, 2023 11:58:17 AMReply

This is one of the worst services trading platform.software not working properly sometimes and order not getting modified because of that I lost around 90000rs on dec 6 2023....I have completed but my issue not resolved till now....they are telling they will resolve in 24 to 48 hours.but they dint resolve till the date....they are responsible for my loss.....

219.Adarsh || Link|December 19, 2023 7:42:54 PMReply

5 paisa app froud scam company
2023-24
koi b 5 paisa app me invest na kare...
Aap apna paise kodenge...
Mera holding ka sab shares gayab kardiye hey... Custumer service b bekar hey...
Wo log sirf wait kijiye, apka complaint highlights kiye hey please wait kijiye bolte heyy... Lekin apka 350000 lacks ka shares gayab huve rehenge... bakhwas ki 5 paisa app ban hona chahiye...

218.Adarsh jain || Link|December 19, 2023 7:36:11 PMReply

5 paisa app froud heyy...
1-2 saal keliye aap shares ko holdings pe rakhe tho aapke shares GAYAB hojayenge... Customer service b bekar hey... aap apna paisa khodoge... Mera sath aisa hi hua....
please koi 5 paisa app use mat kijiye...
Dusra koi demat account banaye or aap apna paisa bachaye

217.pranit Arekar || Link|December 7, 2023 3:57:22 PMReply

5Paisa doing fraud with their customers and they are charged unwanted services and additional hidden charges and well they should be consider as fraud. This is what their website clearly says about charges

216.SANJAY || Link|August 5, 2022 10:13:32 AMReply

5paisa didnot place my sale order 3 times and the stock went down giving me a big loss, i filed a complain against 5paisa in sebi were the replied that it was technical fault of poor connection with exchange and my claim for loos was denied with reason that 5paisa is not responsible for any technical fault in between 5paisa and exchange so beaware of having bussiness with 5paisa if any one need details of my case against 5paisa at scores sebi contact me at sanboxer

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

215.Ashokkumar kanniyapan || Link|November 11, 2023 12:06:03 PMReply

they fool us. because when i compare other broker best but 5 paisa not good . zerodha and angel one brokers nifty charts are same but 5 paisa price chat deferent when i ask with them not get proper reason. so worst broker stay back from 5 paisa

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

214.Ashokkumar kanniyapan || Link|November 11, 2023 11:58:15 AMReply

There is a problem in candlesticks . If i ask about this, not give the correct interpretation. When it comes to other brokers it's different. i have compare with other broker zerodha and angel one candlesticks are going on same but 5 paisa totally deferent when i ask with there, they are telling chilly reason OHCL going well candlestick does not matter . they told like that . i have question how i can predict market without candlestick . froud company plz come back from 5 Paisa. worst broker , they try to fooled us, any problems not solved by them , worst worst worst. OHCL also deferent when compare other broker . if u know about this company just compare other broker charts then u can know about them....

213.Rajendra || Link|October 31, 2023 9:47:06 PMReply

Dislike

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

212.Rajendra || Link|October 31, 2023 9:43:00 PMReply

Very froad company, they can't receive calls after paying additional charges 14000rupees for ultra trader pack

211.DHIVAGAR GANESAN || Link|October 13, 2023 3:09:42 PMReply

Total fraud company whenever the share price on peek their server make a problem and can’t place an order ..this happen 3 rs time so I totally out of their service . I loos like 1.5 lac because of their technical issue . They simply replaced technical issue no response at all .
Beware if this fraud . Don’t do trade with 5 paisa

210.Mukesh Kalra || Link|September 23, 2023 6:18:21 AMReply

5paisa capital is a fraud broker. They claim to be low cost brokers but actually they cheat clients by other ways. Do unauthorised transactions in client account even without POA.

Never Sign POA with this before.

If you have taken margin funding this is drastic as they charge multiple pledge / unpledge charges

Customer care handling is worst.

I am fighting for investor rights against 5paisa. If you have any issues against 5paisa . Do write me I will fight your case my details given as under

Mukesh Kalra

209.Surana || Link|August 9, 2023 7:54:29 AMReply

5Paisa doing fraud with their customers and they are charged unwanted services and additional hidden charges and well they should be consider as fraud. This is what their website clearly says about charges - https://5paisa.com/charges
₹0 if your shares value is less than ₹50, 000. If shares in your DP exceed ₹50, 000 then ₹75 per quarter is charged.
I was open yung investors demat account with 5paisa they said to me that there are all the services are free on the account I was opened it and now they are charging lots of money I have even stopped all the activity in the account but still they are continue adding charges. I do all my trading investments on benarmstrong-trades I don’t get these problem, I buy investment plan on benarmstrong trades and it’s making me good profit. Also on 5Paisa there are some share are on hold but they not clearing amount and not closing the account as well and I am continue getting email from BSE for paying that amount. as that amount they have charged totally are unwanted.

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5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (64)
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5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (65)Zerodha

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5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (67)Kotak Securities
(Trade Free Plan)

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5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (72)

Pay ₹0 brokerage for first 10 days

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5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (73)

5paisa Review 2024 | Brokerage Charges, Margin, Demat Account (2024)

FAQs

What are the charges for margin pledge in 5paisa? ›

₹12.50 + GST per scrip for margin pledge.

How much brokerage does 5paisa charge? ›

Is 5paisa a free Demat account? Yes, 5paisa is a free Demat account. There are no charges for account opening or annual maintenance. Fixed brokerage fees apply, with 0.1% or Rs 20 per trade (whichever is lower) for equity delivery trades and 0.05% or Rs 20 per trade (whichever is lower) for Intraday and F&O trades.

Is 5paisa fake or real? ›

5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients.

How much margin does 5paisa provide? ›

5paisa Margin
SegmentTrading Margin
Equity Intraday5x (Up to 20% of trade value)
Equity F&O1x (100% of NRML margin (Span + Exposure))
Currency F&O1x (100% of NRML margin (Span + Exposure))
Commodity F&O1x (100% of NRML margin (Span + Exposure))
1 more row

How do you avoid margin fees? ›

Investors can avoid margin calls by monitoring their equity and keeping enough funds in their accounts to maintain the value above the required maintenance level.

What happens if you don't do margin pledge? ›

Peak Margin Penalty: Failure to accept the pledge may result in a peak margin penalty. Sale of Shares: Shares may be sold on T+1 day to cover the debit in your account.

What are the disadvantages of 5paisa? ›

Check the list of 5paisa drawbacks.
  • Margin funding is given to the customers without notice. ...
  • Very high demat debit transaction charges. ...
  • Higher exchange transaction charges in competition to other discount brokers.
  • Call & Trade is available at an additional cost of Rs 100 per call in Optimum plan.

Is 5paisa better than Zerodha? ›

5paisa is rated 4 out of 5 where Zerodha is rated only out of 5. Number of active customer for Zerodha is 76,62,920 where number of active customer for 5paisa is 5,42,458. Zerodha is serving more customer compare to 5paisa. Here we present side-by-side comparison of 5paisa vs Zerodha share brokers in India.

Which broker has the lowest brokerage charges? ›

Lowest Brokerage Charges for Online Trading in India
Low Brokerage Trading AccountTrading Account Opening ChargesLowest Brokerage in NSE Option Trading
Wisdom CapitalFree₹9/Executed Order or 999/Month
Zerodha₹ 200₹ 20/per executed order
Upstox₹ 200₹ 20/per executed order
SAMCOZero₹ 20/per executed order

Is it safe to invest in 5paisa? ›

Yes, trading with 5paisa is as safe as with other stock brokers in India. 5paisa is registered with SEBI, CDSL, BSE, NSE, and MCX, etc.

Which company owns 5paisa? ›

The majority shareholders of the company are the promoters of the company which includes Fairfax India Holdings and Mr. Nirmal Jain. Mr. Nirmal and Fairfax Holdings are also the promoters of IIFL Holdings Limited, a Mumbai based diversified financial service provider.

Which Demat account is best in India? ›

Features of The Top 10 Best Demat Accounts 2024
  • Paytm Money. Paytm Money gives you access to a wide range of investment options to manage your money and achieve your financial goals. ...
  • Zerodha. ...
  • Upstox. ...
  • Aditya Birla Capital. ...
  • 5Paisa Demat Account. ...
  • Groww Demat Account. ...
  • Axis Direct Demat Account. ...
  • Kotak Securities Demat Account.
Mar 11, 2024

What is the annual fee of 5paisa? ›

Features
BrokerAccount Opening FeesAnnual Maintenance Charges
5paisaFree₹360
Zerodha₹300₹300
Angel OneFree₹240
Aug 9, 2024

How much is 100% margin? ›

((Revenue - Cost) / Revenue) * 100 = % Profit Margin

The higher the price and the lower the cost, the higher the Profit Margin. In any case, your Profit Margin can never exceed 100 percent, which only happens if you're able to sell something that cost you nothing.

Which broker gives highest margin? ›

Highest Margin Brokers In Options Trading
BrokerMargin
RupeezyBuying 2X times and selling options Up to 66x times
UPSTOX/RKSVUp to 4x times
ZerodhaUp to 2.5x times
SAS onlineUp to 20x times
6 more rows
Jun 13, 2024

Is there any charges for margin pledge? ›

A fee at the rate of ₹ 500 per Client Securities Margin Pledge Account shall be charged to the Participant in a financial year.

What is the penalty for margin pledge? ›

If shortfall margins for a client take place for more than 5 days in a month, then a penalty of 5% of the shortfall amount will be levied for each day during the month after the 5th day of shortfall.

What is the charge of pledge? ›

Yes, there will be a charge of Rs. 20 + GST for Pledging / Unpledging of MTF Shares in accordance with depositories NSDL and CDSL.

What is the charge of CDSL margin pledge? ›

Rs. 12.5 per scrip for the margin pledge. Rs. 12.5 per scrip for unpledging.

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