5paisa Brokerage and Demat Account Review - Lowest Brokerage Charges in India 2019

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5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer investment in customized portfolios of Mutual Funds, advisory to invest in suitable mutual funds and Insurance.

5paisa Brokerage and Demat Account Review - 2019

5paisa is the part of India Infoline (IIFL), an established financial service provider firm offering diversified business model that includes finance and credit, asset management, wealth management, financial product distribution, investment banking, stock and currency broking, IPO, Mutual Funds, FDs, bonds, ETF, Insurance and advisory services. 5paisa is heading toward "best discount broker in india", currently holding 2nd position even though started very late in discount brokerage segment. Zerodha started its journey in 2011 holding 1st position where 5paisa started its operation in 2016 is holding the 2nd position in terms of active clients.

5Paisa is a Mumbai based discount brokerage firm offering "Invest"- in Mutual Funds and IPOs, "Trade" - in Equity & Currency and "Insure"- Insurance package under one platform.

You can do trading across Equity, Future & Options (F&O) and Currency segments listed on NSE and BSE at a discount brokerage of Rs 10 per executed order irrespective of the number of shares or their prices. 5Paisa has a corporate membership of NSE and BSE. The company is registered DP with CDSL.

Having Demat account with 5paisa Capital Ltd is not mandatory which means you can link your any other demat account with 5paisa trading account.

Trading through the web, desktop, and mobile app is available at no extra cost. You can open two types of accounts with 5paisa:

All in One Account: The account offers 2-in-1 5paisa Online Share Trading Account and Demat Account for seamless and hassle-free transactions. This Account also gives you access to investment in mutual funds and Robo Advisory. Company offer 100% online share trading and online mutual fund investment opportunity.

Mutual Fund Investment Account (free account): This is mutual Fund Investment only account for free with no trading and demat account. The account gives you access to Robo-advisory tool the Auto investor to help you build a portfolio of mutual funds by recommending the suitable mutual funds based on your investment objectives, risk profile, income and expenses.

On Other services, 5paisa also offers auto, health and term insurance as the broker has a tie-up with renowned insurance companies like ICICI Prudential, Bajaj Allianz, Bharti, IDBI Federal, Reliance General, Religare, etc. You can also take the help of automated Insurance Advisor that calculate the right insurance cover for you and recommend the policies that fit you the best.

5paisa's customer service is delivered through email, phone, and online feedback.

5paisa customer care support email - [email protected]

5paisa customer care number - +91 89766 89766

On 5paisa brokerage charges, 5paisa brokerage rates are most attractive, Rs 10 per trade across the board which is the "lowest brokerage charges in India". You can do trading in equity delivery, equity intraday, Equity Futures and Options, Currency Futures and Options - Just for Rs 10. No need to worry about any hidden charges and taxes (GST is calculated on brokerage). 5paisa is a part of IIFL Group and IIFL is a clearing member for maximum brokers, so 5paisa is not charging any PCM fee.

Why to choose 5paisa as your stock broker?

  • Investment, Trading and Insurance services under one roof.
  • High class technology driven trading platforms across web, desktop and app based.
  • Lowest Brokerage Charges in India. Flat brokerage of Rs 10 for Equity Cash, F&O and Currency derivative.
  • Open Aadhar based paperless account in 5 minutes, sign application using e-Sign.
  • Free Mutual Fund Investment and automated personalized advisory to invest in Mutual Fund.
  • IPOs, NCDs, bond, ETF investment.
  • Online Insurance –term, life, auto and health.
  • Margin Funding facility available @18% p.a. interest.
  • 5paisa started Commodity Trading in MCX from 1st April 2019.
Special Offer: Free Account Opening, Save Rs 650 on your account opening. This is a limited time offer until 31st May 2019.Sign up now
LikesAdvantages

  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

DislikesDisadvantages

  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Exclusive OfferExclusive Offer

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What are the Investments Options available with 5paisa?

5paisa - Equity Cash and F&O
Yes
5paisa - Currency F&O
Yes
5paisa - Commodity Trading
Yes
5paisa - Mutual Funds
Yes
5paisa - ETF
Yes
5paisa - Online IPO
No
5paisa - Bonds Investment
Yes
5paisa - Debt Investment
Yes
5paisa - Banking Service
No
5paisa - Insurance Service
Yes
5paisa - MF SIP Investment
Yes

How is 5paisa with closest competitors?

Here we are comparing 5paisa with its 5 close competitors, who are currently market leader in brokerage industry.

Broker 5paisa ICICIDirect Sharekhan Zerodha ProStocks
Service Type Discount Broker Full Service Broker Full Service Broker Discount Broker Discount Broker
Brokerage Rs 10 0.05 to .55% 0.1 to 0.5% Rs 20 Rs 15
Account Type 2 in 1 3 in 1 2 in 1 2 in 1 2 in 1
Monthly Plans No No No No Yes
Rating

Please refer unique and accurate 5paisa Brokerage Calculator


5paisa Brokerage Plans Review - 2019

Brokerage and Commission Rated 4/5

    5paisa brokerage is simple and very inexpensive compared to other discount brokers. The brokerage is fixed at Rs 10 for all segments. It is similar to MyValueTrade (Rs 10) and higher than SAS Online (Rs 9) and Wisdom Capital (Rs 9) and lower than ProStocks (Rs 15), Zerodha (Rs 20), UpStox (Rs 20). The broker doesn’t offer any monthly or yearly plans though. Call and trade facility is also available.

    5paisa Brokerage Charges

    • Equity Delivery Trading Brokerage:Rs 10
    • Equity Intraday Trading Brokerage:Rs 10
    • Equity Future Trading Brokerage:Rs 10
    • Equity Options Trading Brokerage: Rs 10
    • Currency Futures Trading Brokerage:Rs 10
    • Currency Options Trading Brokerage:Rs 10
    • Commodity Trading Brokerage:Rs 10

    Investor can open 2 type of accounnt with 5paisa -

    • Online trading and demat account, with this investor can invest in Mutual funds also.
    • Only Mutual funds account- This is 100% free account.

    5paisa Account Opening Charges

    • Trading Account Opening Charges (One Time): Rs 650 + GST
    • Demat account Opening Charges (One Time): Nil
    • Trading Annual maintenance charges (AMC): Nil
    • Demat Account Annual Maintenance Charges (AMC): Rs 45 per month

    5paisa Demat AMC Charges

    In May 2019, 5paisa changed its Demat AMC charges policy. Usually demat AMC is charged once in a year. Now 5paisa change this to monthly charges of Rs 45+GST PM when you trade. So to be more clear, this will not depending on your demat holdings, it’s on trade. If you trade in any segment with 5paisa in a month, you need to pay demat AMC. In other words, if you have not done any trade in a calendar month with 5paisa, you don’t have to pay demat amc charges.

    Other charges by 5paisa capital

    • Call & Trade : Rs 100 Per Call (Any number of trades or rate enquiry).
    • Advance Research : Rs 1770 for 3 months Rs 5990 for 1 year including taxes.

    5paisa Payment gateway - Pay in and Pay out

    5paisa trading and mutual fund account accept net banking fund transfer from 23 banks. NEFT can be done on 5Paisa Capital Ltd, Account number - 5Paisa and IFSC code - ICIC0000106 (ICICI Bank Ltd, Delhi RPC). IMPS can be done on ICICI Bank Ltd, Account number - "0000405074102" and IFSC Code "ICIC0000004".

5paisa Brokerage Charges - Flat Fee Rs 10 Plan

Brokerage Plan Flat Fee Rs 10 Plan
Flat Fee NA
Equity Delivery Flat Fee Rs 10
Equity Intraday Flat Fee Rs 10
Equity Futures Flat Fee Rs 10
Equity Options Flat Fee Rs 10
Currency Futures Flat Fee Rs 10
Currency Options Flat Fee Rs 10
Commodity Flat Fee Rs 10

For complete brokerage charges and trading plans detail please visit 5paisa Brokerage Charges.

What are the various Product and Services offered by 5paisa?

Product & Services Rated 4/5
5paisa - 3 in 1 Account
No
5paisa - Multiple Plans
No
5paisa - Monthly Plan
No
5paisa - Yearly Plan
No
5paisa - Portfolio
No
5paisa - Charting
Yes
5paisa - Automated Trading
No
5paisa - AMO Order
No
5paisa - Allow GTC Order
Yes
5paisa - SMS Alerts
Yes
5paisa - Margin Trade Funding
Yes
Combined Ledger for Equity and Commodity
Yes
5paisa - NRI Trading
Yes

How much margin does 5paisa Capital Ltd offers?

5paisa margin/exposures/leverage

  • 5paisa exposure for intraday trading - Upto 20x for stocks on which F&O trading is allowed.
  • 5paisa exposure for delivery trading - Upto 3.5x for delivery trading.
  • 5paisa exposure for trading in equity and index futures - 3x margin for futures trades (Selling only).
  • 5paisa margin for Options - 3x margin for Options Trades(Selling only).

Margin Funding Facility by 5paisa capital

To Get the Margin Funding, one need to activate Margin Funding facility, with Margin Funding your trade will get additional time of T+90 days. For non Margin Funding accounts square off limit are T+6 days.

5paisa is giving up to 3x margin for delivery trading and up to 10x for intraday trading in equity segment. 

Equity trading scripts are divided in 5 groups –

  • Category E – 3.5x delivery margin, 20x Intraday Margin with 20% haircut.
  • Category A – 3x delivery margin, 12x Intraday Margin with 20% haircut.
  • Category B – 2x delivery margin, 6x Intraday Margin with 30% haircut.
  • Category C – 1.5x delivery margin, 3x Intraday Margin with 45% haircut.
  • Category D – 1x delivery margin, 1x Intraday Margin with 60% haircut.

Exposure for F&O segment –

  • Futures : 3x
  • Options long: 1x
  • Options short: 3x
  • Currency: No exposure in any category

Margin Trading is allowed in all the scripts which are part of derivatives segment only.

Interest on Money borrowed as Margin fund will be charge 18% p.a.


How to Open Trading and Demat Account with 5paisa Capital Ltd?

Even though 5paisa is online flat fee broker, but have done arrangement for Account opening form (AOF) pick up in following cities- Mumbai, Delhi, Kolkata, Surat, Pune, Ahmadabad, Hyderabad, Chennai, Bangalore, Nasik, Vishakhapatnam, Indore, Varanasi, Ghaziabad, Kanpur, Lucknow, Jaipur, Jalandhar, Patna, Faridabad, Hubli, Chandigarh, Rajkot, Ludhiana, Noida, Gurgaon, Raipur, Amritsar, Baroda, Bhopal, Ranchi, Nagpur, Cochin, Bhubhaneshwar. If your city is not in the above list, investors can send courier of filled application form on below address -

5paisa Capital Ltd.
Sun InfoTech Park,
Road No. 16V,
Plot No.B-23
Thane Industrial Area,
Wagle Estate, Thane-400604

Contact 5paisa

Name 

 Phone 
Email   City 
State   

What are the Customer Support options availabel with 5paisa?

Customer Support Rated 4/5
5paisa - Phone Support
Yes
5paisa - Toll Free Number
No
5paisa - Email Support
Yes
5paisa - Branch Offices
No
5paisa - Live Chat
No
5paisa - 24/7 Support
No

What are the trading platform offered by 5paisa?

Trading Platforms Rated 4/5

    5paisa has in house built trading platforms over web, desktop and mobile app. 5paisa is using the same trading platform as IIFL.

    5paisa Trade Station - Desktop Based trading platform

    5paisa Trade Station is the robust software based trading terminal of 5paisa. This installable software has features like:

    • Advance Intraday and historic charts.
    • Multiple watch-lists in cash and F&O segment.
    • Trading ideas in equity and derivatives.
    • Multiple shortcuts for faster trading.

    5paisa trader terminal - Download

    5paisa trade - Web based trading platform

    5paisa Trade Station is the web based trading platform available on Chrome, Firefox and Internet Explorer.Trading can be done on all segments with single login at lightening fast speed. The features include real-time streaming quotes, fast broadcast, advanced charting tools, technical analysis, live Stock tips etc. You can also start a SIP directly with 5paisa trade station.

    5paisa login page / 5paisa trade login

    5 Paisa Mobile App

    5paisa offers mobile app based trading to its customers. The app can be downloaded from Apple or Google store.

    App Features:

    • Easy online share trading account opening from the app
    • Live stock market quotes from NSE & BSE
    • Trade in Equity, Future & Options (F&O) and Currency segments
    • Multi-asset Live watch list synced across devices
    • Advance Charting and technical analysis for better decision making

    5paisa android mobile app

    The Auto Investor that builds a fully customized mutual fund investment portfolio

    For detail review of mobile app and download please visit 5paisa Trading Platform Review.

What are the Trading Platforms & Tools Options available with 5paisa?

5paisa - Desktop Platform (Windows)
Yes
5paisa - Desktop Platform (Mac)
No
5paisa - Web Platform
Yes
5paisa - Stock Alerts via Email
No
5paisa - Stock Alerts via SMS
No
5paisa - Virtual Trading
No
5paisa - Watch-lists, streaming real-time quotes
Yes
5paisa - Mobile App
Yes
5paisa - Android Tablet App
Yes
5paisa - Android App
Yes
5paisa - iPhone App
Yes
5paisa - iPad App
No
5paisa - Mobile Trading Site
Yes

5paisa Membership Information

  • 5paisa NSE Membership:
    • SEBI Registration Number - INZ000010231
    • SEBI RA Regn - INH000004680
    • AMFI REGN No - ARN-104096
    • NSE Member ID - 14300
    • BSE Clg No - 6363
    • NSDL DP ID - IN302269
    • CDSL DP ID - 12082500
  • Corporate Office:
    Sun Infotech Park, Road No.
    16V, Plot No.B-23 Thane
    Industrial Area, Wagle Estate,
    Thane - 400604

Final thought about 5paisa

5paisa is among the top premium discount broking firms in India. 5paisa has reformed the broking business by offering a completely digitized platform where you can trade (Share/Stocks), invest (Mutual Funds, SIP) and secure (Insurance) at very low cost.

5paisaís charges are the lowest in the industry, a flat fee of Rs. 10/- per transaction irrespective of the volume. Accepts documents online making the process absolutely paper-less and hassle-free. 5paisa is one of the first discount brokers in India to offer Share Trading & Robo Advisory in a single mobile app at the lowest cost. The company also provides free research & advisory support, free mutual fund account and well-managed customer support services.

The additional services like mutual fund investment, Insurance, recommendations and tips, automated advisory tools is a plus which you donít find usually in other discount brokers.

So if you are looking out for a brokerage firm that has all the investment options backed with powerful technology at the same time act as your mentor in helping you choose investment plans with a view of generating maximum returns out of your hard earned money, then 5paisa is your ultimate destination.

5paisa is one stop shop for all your investment worries.

Latest Update from 5Paisa

  • May 2019 - Change in Demat AMC Charges - Pay monthly Rs 45 + GST when you trade. No need to pay upfrount Demat AMC.
  • 01-04-2019-Now 5paisa existing clients and new clients can trade in MCX Commodity with existing 5paisa platform.
  • 28-02-2019-Update on 5paisa Margin Policy- 5paisa has incresed their margin limit up to 20x for equity from 12x previously and 3 time exposure from 2 times in derivatives segment.
  • 08-01-2019 - 5paisa Introduce Direct Mutual Fund Investment @10 Rs Per Transaction. This option is available on Web as well as Mobile Trading platform.

If you like what you have read and want to open an trading and demat account with 5paisa, leave your contact information with us and we will guide you.

Compare 5paisa

Find out how 5paisa stacks up against other brokers

5paisa Capital Ltd User Reviews

avatar
36. Vinod  May 20, 2019 5:37:03 PM IST Reply
Such Brokers shall be refrained by NSE and BSE. They are engaged in planned frauds (illegal things in legal way) with small investors by improper communications about the charges and deductions. My advice to all small investors to shift their account to some brokers who have histories of non deducting money without your prior knowledge otherwise brokers like 5Paisa will eat your hard earned money in no time. You must keep on watching your ledgers as what charges they are posting every week. They have support for name shake and keep on confusing the investors. Better leave them or such brokers will leave you after eating up all monies in your accounts. Their owners has trained their staff to cheat well, eat customers money and than tender apology and then run away.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
35. Jayantilai  May 1, 2019 11:28:34 AM IST Reply
Call put banknifty trading charge and any zero brokerage plan?call me.
avatar
34. Akshay Shimpi  Apr 25, 2019 10:13:59 AM IST Reply
They Give Advisory Everyday Through SMS And By Application Notification As Well. And The Application They Designed Is Perfect. It Is Like They Have Each And Everything In It.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
avatar
33. Nagarajan.C  Mar 22, 2019 3:21:35 PM IST Reply
Customer support was quite less.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Average
avatar
32. Ritesh Jha  Feb 28, 2019 12:27:48 PM IST Reply
Trust me i have 2 demat A/c but 5paisa is the best .

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
31. VRAJESH SAHA  Jan 8, 2019 6:32:53 PM IST Reply
hi
i want to open an account , but i am NRI.
1) do you allow open new account by physical form can print & sign.
- i have ADHAR but dont get OTP on my mobile
2) what security you allow to keep as colateral to sell option?

3) MORE INFO ON ALGO TRADE ETC


avatar
31.1. Vikas  Jan 10, 2019 2:28:15 PM IST
5paisa is not offering NRI service, for NRI service you can contact IIFL (Parent company of 5paisa).
avatar
30. Srinivas Yasoda  Jan 7, 2019 4:48:42 PM IST Reply
Hi,

If anybody trying to find out 5 paisa service standards, then just check the underneath crisp proceedings I encountered and decide self.

12th Dec      :       Opened 5 paisa account
18th Dec      :       Requested for physical CML with stamp
18th Dec      :       Received ack from 5 paisa promising to deliver in 3-4 days
29th Dec      :       Followed up for the copy as it was not received
29th Dec      :       5 paisa responded confirming it is already dispatched
29th Dec      :       Same day I asked for docket details if already sent
31st Dec            :       5 paisa responded asking to give little time to investigate
2nd Jan, 19      :      Followed up - - with no response
2nd Jan, 19      :      Raised a complaint for CML Ė ticket no: 1775965
5th Jan, 19       :       Raised another complaint for CML Ė ticket no: 1789302
7th Jan, 19       :       Spoke to customer care executives: Rohan, Sarju Kumar, Kushbu for 47 minutes, but nothing materialized.

The most awful part is none of the customer care executives could guide me to apt authority who could resolve such a small facet pending since 4 weeks.

I intended moving all my prevailing stocks to 5 paisa thinking it is a professional platform. But, looking at the proceedings, I donít think deciding what to do require any Birbalís brain.

If 5 paisa is determined to provide good service, then they should take this criticism severe and ensure I stay back with them. I will wait till 15th Jan, 19 and apprise all of you.

Regards

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Below Average
avatar
29. naveena.b  Jan 3, 2019 4:44:03 PM IST Reply
I used to kotak securities its have much high brokerages, now I have been using 5paisa its fine compared to other broker. too less brokerages very nice.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
28. sudam Dinkar patil  Jan 3, 2019 9:30:58 AM IST Reply
Dear sir
I was haveing account with IIFL but it was closeled year back officially. Now I am thinking to start trading account with IIFL . whta should be the procedure and what is nearest trading center. what shall be the brokrages for all segments of trding i.e in Equity intraday cash and derivative
avatar
27. Jsjis  Dec 10, 2018 2:43:14 PM IST Reply
Good service at reasonable price

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Above Average
Overall Experience - Above Average

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