5paisa Capital Reviews, Brokerage Charges, Trading Platform.
5paisa Capital is the full-service discount online brokerage part of 5paisa capital ltd. 5paisa capital limited, a publicly traded online brokerage (Symbol NSE: 5PAISA, BSE: 540776), services over 125000+ customers accounts and process over 15000+ Crores daily turnover. 5paisa is one of India’s Top 20 stockbroker with active customers.
Founded in 2006, 5paisa is a trusted brand with which
most customers are happy. The Full-service discount broker is currently
operating 400+ Cr market capitalization and it is the only discount broking
company in the public sector and provides services in all segments like stocks,
options, and futures trading. They also offer investment option in Mutual fund
also.
5paisa Capital charges a flat fee of Rs.10 per executed order for Equity, F&O, and Currency derivatives, and is highly recommended for its quality customer care services, Trading platform etc.
Unlike its competitors, 5paisa Capital offers a simple, flat-free per order trading brokerage structure. Equity trades are just Rs.10 per order and Equity options trades run at Rs.10 and same for currency derivatives. Brokerage charges are very less as compare to other popular discount brokers.
5paisa better performed its discount broker competition with its offering tools, quality research and educational blogs and articles. The mutual fund is another high point. 5paisa Capital offers all available mutual funds for investments with low commission.
Better performed its discount broker competition with its offering tools, quality research and educational blogs and articles. The mutual fund is another high point. 5paisa offers all available mutual funds for investments with low commission.
Compared to other discount-service brokers, 5paisa is
cheaper than its two primary competitors, Zerodha and Upstox, which both
charges Rs.20 per executed order. However, In 2016 5paisa initiated a brokerage
charges war, resulting in all top full service largest brokers in India cutting
commission rate across all products.
Plan Subscription Summery
5paisa charge only a flat fee of Rs.10 per order. All segments including equity, Equity Derivatives (F&O) and Currency.
Equity Intraday Charges
Rs.10 per executed order.
Equity Delivery Charges
Rs.10 per executed order.
Equity Futures Charges
Rs.10 per executed order.
Equity Options Charges
Rs.10 per executed order.
Currency Futures Charges
Rs.10 per executed order.
Currency Options Charges
Rs.10 per executed order.
Commodity Charges
NA
Minimum Brokerage Fees
Flat Charges Rs.10
Any Hidden Cost
No, ✖
Call & Trade Charges
Rs.100 /per call(No order limit).
As the lowest online discount broker in India, 5paisa
provides greater value for their customers beyonds low-cost brokerage. For
Example, 5paisa offers investment advisory, news, alerts, etc while another
discount broker only focuses on low brokerage.
Bottom Line, in terms of brokerage charges, 5paisa currently holds the crown of low-cost discount broker.
Available Brokerage Plans
Monthly Subscription: Not Available.
Yearly Subscription: Not Available.
Multiple Subscription: Not Available.
[supsystic-form id=15]
Margin/Leverage
Unlike other platforms, 5paisa provides short-selling with up to three- twelve-time intra-day margin and up-to three and a half on overnights. This is so risky in intraday trading so precaution must be taken with any short-selling positions. Every trader must to maintained Net account balances to avoid automatic forced sq.off margin calls. This means 5paisa will sq.off your position immediately if your net account balance drop to a certain level. You must check the minimum stock maintenance margin requirements.
Margins or Leverage
5paisa.com
Equity Margin Intraday
Up to 3 to 12 times for equity cash.
Equity Margin Delivery
Up to 3.5 times for equity delivery.
Equity Margin Futures
Upto 2 times for futures.
Equity Margin Options
Upto 2 times for option short selling. No margin for option buyers.
Currency Margin Futures
Up to 2 Times for Intraday.
Currency Margin Options
Up to 2 Times for Intraday.
Commodity Margin
NA
Account Opening Fees and AMC charges
Trading Account Opening Charges
Rs. 650
Trading Annual Maintenance Charges
Free
Demat Account Opening Fees
Free
Demat Annual Maintenance Charges
Free 1st Year (Rs.400/Per Annum)
Commodity Fees
Rs.0
Offer DP Service
Yes, Available ✔
Trust
5paisa has been in business for more than 12 years and has received industry accreditation for its trading platform, investment offerings, and trading tools, Customer support, Customer complaints management.
17000 Cr.+ Daily Turnover Fastest growing online stock broker in India
175000+ Clients Positioned among Top 20 broker in active customers
400 Cr+ Capitalization Only discount broker in India Listed as a public limited.
Awards Awarded as the Emerging Brand Excellence in BFSI of the year 2018.
2 Million App Downloads Fast to reach this milestone in the discounted brokerage of India.
500 Cr+Assets Management A trusted brand for bringing value to your investments.
5paisa Broker Review and Rating
Opening Charges
★★★★
Commissions & Fees
★★★★
Trading Platforms & Tools
★★★★
Order Execution
★★★★
Fund Add/Withdraw
★★★★
Customer Services
★★★★
5paisa Transparency & Other Fees
Equity Day Trading
0.00325% or Rs.325/per crore.
Equity Delivery
0.00325% or Rs.325/per crore.
Equity Futures Trading
0.0019% or Rs.190/per crore.
Equity Options Trading
0.05% or Rs.5000/per crore.
Currency Futures Trading
0.0011% or Rs.110/per crore.
Currency Options Trading
0.04% or Rs.4000/per crore.
Commodities Trading
NA
AMC Charge
Rs.400/- (1st year Free).
DP Transaction Fees
Rs.25/per transaction.
Offline order placing Charge
Rs.100 /per call(No order limit).
Sebi Charges
Rs.15/per cr.
GST
18% on Brokerage + Transaction charges.
Stamp Duty
As per Clients state.
Usability of Services
In this section, we conduct quite a big area. From experiences of logging in to websites and its navigating structures, order placing, execution of trade, research, and analysis reports, Account Preferences Management, This is about the whole experience.
“Account Management, 5paisa Is Great”
For account management, 5paisa id very good. Year ending
tax (profit & loss) reporting is very easy, and account ledgers balance
statements are just click away.
In the case of trading, successfully, all 5paisa Investment customers are smoothly login to Live Responsive trading website. Live Streaming quotes are easily visible, and trade can be placed easily by clicking on selected scrips using left side 5paisa Tradestation tools. Website trading portals have a fully customizable home screen and it is familiar with all the version of browsers.
While clients will easily feels very familier with LIVE portal, One reason why
5paisa all new customers directly on the trading portal. Directly and directly
more user-friendly than previous experience.
Similarly, if customer want to trade futures or fores derivatives, customer will directl acess same portal for the same. Considering that forex and currency futures trading in the india are not common currently, but still 5PAISA TRADESTATION has full trading capabilities in trading.
Reporting
Trade Online Reports
Yes, Available ✔
PNL Online Reports
Yes, Available ✔
Online Contract Notes
Yes, Available ✔
Trading Platforms & Tools
As previously mention in the above Usability od services
catergory, 5paisa TradeStation provides a very good and clean mobile experience
and desktop. Once you logging in, you will be automatically move to Home
screen, which includes a clean and beatiful looking style tiles. The Home
screen offers a quick and simple trading windows to manage your portfolio.
Trading Platforms / Software
5paisa.com
Desktop Trading Platform
5PaisaTradeStation
Web Based
www.5paisa.com << Trade
5paisa, like its competitors, provides tools and trader services
for active customers, including TRADESTATION, which is both desktop and web
based. Like Zerodha, all platforms are available to all clients, no matter of
account balance minimums or trading activity.
During our experimental testing of trading platform, we found that charting features is very excellent. Viewing daily or intraday stock charts (1min, 5 min, 15 min etc), modifying settings, and adding technical indicators, drawing on charts, performing the technical analysis is an amusing experience. so many different drawing tools are available as well as more than 80 technical indicators.
Desktop Platform (Windows)
Yes, Available
Charting – Indicators / Studies
166
Charting – Drawing Tools
22
Option Chains – Total Columns
26
Watch Lists – Total Fields
91
Charts and Indicators
The real-time candlestick, bar and line charts can be set from 1-minute up to 1-hours time frames going back over five-years. Price and momentum indicators ranging from exponential, simple, weighted moving averages, Bollinger Bands to money flow index, MACD and RSI oscillators help improve price action pretention.
Intraday (Day Chart)
Yes, Available ✔
End of Day (Daily Chart)
Yes, Available ✔
Coding/Backtesting
No, ✖
Mobile Trading Application
5paisa mobile trading includes mobile app for all major devices Android and Apple smartphones, tablets. It’s not important which platform clients are using, the experience is consistent and usually enjoyable.
“5paisa mobile experience is cleanly designed, bug-free, and delivers a phenomenal experience for investors.”
Focusing on the mobile app’s 5paisa give very good experience and better functionality and it is bug-free mobile app include all required to manage investment portfolio easily. Customer can view portfolio holdings, customizable market watch lists, you can pull stock quotes, stock charts analyzing, more than 25 indicators are available, all with live real-time streaming data. Placing trades using mobile app is very simple process.
Short summery of trading platform details with demo links.
5paisa has done great work to teach new beginners of stock market by its education blog & articles. 5paisa’s educational content is so well organized and easy to understand. Anyone can easily sort content by topic, media type, videos, Course progress to choose material based on your interests and knowledge.
Support and Tools
Research & Tips
Yes, Available ✔
Brokerage Calculator
No, ✖
Span Margin Calculator
Yes, Available ✔
Trailing Stoploss
No, ✖
Training & Education
Yes, ✔ Blogs, Articles
Useful Trading Features
3 in 1 Account (Bank+Trading+Demat)
No, ✖
Instant Fund withdrawal
No, ✖
Relationship Managers (RM)
No, ✖
Charts
Yes, Available ✔
Algo Trading / Robot
No, ✖
Mobile SMS Alerts
Yes, Available ✔
Online Demo
Yes, Available ✔
Online Portfolio
No, ✖
Margin for Future Trading
Yes, Available ✔
Combined Records for Equity & Commodity
No, ✖
Intraday Sq.off Timing
3.10 PM
Can NRI Trade
Yes, Available ✔
Extra Features
Ask to Broker
Investment Service and Available Options
Equity Cash & Future & Option
Yes, Available ✔
Currency Derivatives (Forex)
Yes, Available ✔
Commodity
No, ✖
Online IPO Request
No, ✖
Mutual Funds (MF)
Yes, Available ✔
Bonds / Negotiable Certificate of Deposit
Yes, Available ✔
Exchange-Traded Fund (ETF)
Yes, Available ✔
Banking Services
No, ✖
Direct Insurance
Yes, Available ✔
Forex Investment
No, ✖
MF SIP Investments
Yes, Available ✔
PMS Services
Yes, Available ✔
Other Options
Ask to Broker
Banking at 5paisa: Fund Add/Withdrawal Process
Fund Pay In and Payout: Add Fund by Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gateway. Withdrawal fund by Bank Transfer
Time for Payout: 24 hours (working days).
Linked Bank: Near about 23 banks available for fund credit and Rs.9 for per transaction.
Trading Order Types
Cash N Carry (CNC Order)
Yes, Available ✔
Margin Intraday Square (MIS Order)
Yes, Available ✔
Normal (NRML Order)
Yes, Available ✔
Cover Order
Yes, Available ✔
Bracket Order
Yes, Available ✔
Buy Today Sell Tomorrow (BTST)
No Information
Sell Today Buy Tomorrow (STBT)
No Information
AMO -After Market Order
No, ✖
GTG-Good Till Cancelled
Yes, Available ✔
Investment Advice -Tips, Research & Reports
Equity Research
Yes, Available ✔
Mutual Fund Research
No Info
ETF Research
No, ✖
Daily Report
Yes, Available ✔
Free Tips-Advisory
Yes, Available ✔
Company Result Analysis
Yes, Available ✔
News & Alerts
Yes, Available ✔
Customer Care Services
Discount brokers are able to offer lower brokerage charges and trading commissions than full-service brokers because discount broker only focus on trading portal they don’t offer many services like a full-service broker. Unlike another discount broker, 5paisa is India’s first full-service discount broker.
One thing that 5paisa offers excellent customer care support. Head office located in Mumbai and they operate from Mumbai only. customer support is just a short drive away. Of course, it also offers support by phone, plus email, and text. Interestingly, it even offers customer complaints support by Compliance Officer (Mr.Nirav Shah, 8976689766, compliance@5paisa.com)
Hi! I'm Amol Jamdar and I'm here to post some really helpful stuff for stock market traders and investors. I am passionate about stock market and More than 10 years of trading experience in NSE, BSE, MCX-SX, CURRENCY. The main goal is to help newcomers who want to invest in the stock market.
