5paisa Review

Rated 4 stars Rated 4/5 by Top Share Brokers Team
5paisa Capital Ltd Review

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5paisa Capital Ltd is the leading Mumbai-based online discount broker. The broker commenced its operations in March 2016 and in December 2018, it became the 2nd largest discount broker in India after Zerodha. The concept behind the broker’s name as “5paisa” is very interesting denoting that every paisa saved is the same as a paisa earned. 5paisa operates in 3 key segments; online trading, insurance, and mutual funds. The brokerage house, being a registered trading member of BSE, NSE, NCDEX, and MCX, offers online trading in equity, derivative, commodity, currency, and IPO. It further offers various types of insurance such as term-life, health insurance, vehicle insurance, etc. In addition, 5paisa mutual fund investment facility allows customers to undertake investment in both the direct as well as regular schemes.

The broker became a registered DP with CDSL in March 2019 and offers 5paisa Free Demat Account to clients. One can open a 2-in-1 account with 5paisa including a demat and trading account, commonly referred to as “All in-1 investment account” to trade across all the segments i.e. equity, F&O, commodity, currency, IPO, etc. With a 2-in-1 account, they can also get a free mutual fund account to invest in mutual funds. However, if you’re only an MF investor then there’s no mandatory requirement to open a 5paisa trading account as one can just open a free mutual fund account with the broker.

The phenomenal and fast growth of the broker can be credited to its Flat brokerage model wherein the broker offers online trading across all segments at a flat fee of Rs. 20 per order under the Optimum plan. Moreover, the broker also offers Basic, Power Investor, and Ultra Trader Pack that even charge a lower flat fee of Rs. 10/order at a fixed monthly fee of Rs. 499 and Rs. 999 respectively.

The discount stockbroker offers the best class trading platforms including mobile trading app, installable trading terminal, and web-trading platform. The world-class technology platform offers an abundance of features to provide ease, convenience, and flexibility to end-users.

5paisa won many awards such as Best Digital Startup of the year award, Emerging Brand Excellence in BFSI Sector award, Emerging Company of the Year -2020, Best Broking Fintech Product, and also recognized for the best use of mobile technology in the financial service sector. You can also avail of various value-added services such as call & trade, research advisory, Algo trading, and other facilities with 5paisa. Scroll down the page to get the complete details of 5paisa review including its investment offerings, brokerage charges, trading platforms, accounts, and others.

5paisa Review 2021 - Quick Summary

5paisa Capital Ltd, a full-service discount broker offers online trading across equity, F&O, commodity, currency, and other segments at a flat-fee brokerage of Rs. 20/order.


  • Large diversified product portfolio including equity, F&O, commodity, currency, IPO, MF, NFO, bonds, NCD, insurance, etc.
  • Open a 5paisa Free Demat Account to hold securities in dematerialized format.
  • The paperless/online account opening process enables you to start trading within a few minutes.
  • All-in-1 Investment account facilitates clients to hold their equity, derivatives, and mutual funds at one single place.
  • The broker provides a free mutual fund account at zero account opening charges to invest in MF.
  • Lowest brokerage charges at a flat fee of Rs. 20 per order offers low-cost trading.
  • Enjoy trading with an even lower cost at Rs 10/order with Prepaid subscription plan i.e. Power Investor Pack and Ultra Trader Pack.
  • Free best class trading platforms i.e. mobile app, Trade Station Web, and Trade Station EXE.
  • Algo-trading facility to create a customized mutual fund portfolio as per client specification.
  • Various research tools such as Swing Trader, smallcase, Smart Investor, and Sensibull.
  • Availability of Margin Trading Facility with 5paisa.
  • Access free fundamental and technical research services.
  • Offers other financial benefits also such as Insurance, Gold, Loan on 5Paisa App.
  • 5paisa school is an initiative taken by the broker to provide stock market education to all levels of traders i.e. beginner, intermediate, or expert.


  • Chargeable call & trade service.
  • The broker doesn’t have any branches.
  • 3-in-1 account opening facility is unavailable.
  • The broker doesn’t facilitate NRI trading.

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5paisa Investment Options Compare

Here we are comparing 5paisa with its 5 close competitors on investment options.

Broker 5paisa Sharekhan Zerodha Upstox SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes Yes
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance Yes Yes No No No

5paisa Brokerage Plan, Fees and Charges

Rated 4 stars Brokerage and Commission Rated 4/5

5paisa Account Opening Charges

  »»  Trading Account Opening Charges: Rs 300 (Rs 500 Cashback as Brokerage)
  »»  Trading Account AMC: Free
  »»  Demat Account Opening Charges: Free
  »»  Demat Account AMC: Holding below 50K - Free, b/w 50k and 2L - Rs 8 el

5paisa Brokerage

    5paisa charges highly competitive brokerages as its flat brokerage charges of Rs. 20 across all segments are in line with other discount brokerage houses.

5paisa Brokerage Charges

  • Equity Intraday: Flat fee at Rs 20 per order
  • Equity Delivery: Flat fee at Rs 20 per order
  • Equity Futures: Flat fee at Rs 20 per order
  • Equity Options: Flat fee at Rs 20 per order
  • Currency Futures: Flat fee at Rs 20 per order
  • Currency Options: Flat fee at Rs 20 per order
  • Commodity Futures: Flat fee at Rs 20 per order
  • Commodity Options: Flat fee at Rs 20 per order

Other charges:

  • Call & trade charges are levied at Rs 100 per call. Notably, customers can place an unlimited number of trade orders in a single call. If any customer holds UltraTrader pack, then Call and Trade is Free
  • 5paisa levies demat transaction charges of Rs. 25 or 0.025%, whichever is higher.
  • Customers who intend to receive documents such as physical contract notes and others in physical forms have to pay charges worth Rs. 100.
  • Margin trading facility is available at 18% interest per annum.
  • Demat - per certificate charge is Rs. 15.
  • Demat – Per certificate or per 100 units/shares is Rs. 15, whichever is higher.
  • The conversion of mutual fund units is charged at Rs. 15.

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

5paisa with closest competitors

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

Broker 5paisa Sharekhan Zerodha Upstox SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 20 0.1 to 0.5% Rs 20 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery Flat Fee Rs 20 0.5% or 50 paisa Free 2.5% or Rs 20 whichever is lower 0.2% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 20 0.1% or 10 paisa 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.1% or 10 paisa 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 20 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 20 0.1% or 10 paisa 0.03% or Rs 20 whichever is lower Flat Fee Rs 20 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Rated 4 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Please refer unique and accurate 5paisa Brokerage Calculator

5paisa Capital Ltd Margin Details

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.

Open Trading and Demat Account with 5paisa Capital Ltd

5paisa discount brokerage house offers mainly two types of accounts – All-in-one Investment Account and Free Mutual Fund Account. Both of these accounts allow customers to trade across different financial products to satisfy clients’ investment requirements.

5paisa All-in-one Investment Account

    As the name suggests, the all-in-one account is an integrated platform of 3 accounts; 5paisa Demat Account, 5paisa Trading Account, and 5paisa Mutual Fund Account. By opening an all-in-one account with 5paisa, people can trade across all segments including equity, commodity, derivatives, currency, IPO, MF, bonds, insurance, etc. People can also get personal loans and access technology-driven research & advisory tools. Let’s understand each of the 3 accounts in detail;

  • 5paisa Demat Account: Being a DP with CDSL, the broker provides a demat account opening facility. One can open a demat account with 5paisa following online or offline to get the delivery of securities in an electronic or dematerialized format. The broker offers a FREE demat account at zero account opening charges.
  • 5paisa Trading Account: Trading Account allows to buy or sell stocks, derivatives, commodity, currency, and other financial offerings. The key reason to open a 5paisa Trading Account is to enjoy trading at a low brokerage at a flat fee of just Rs. 20/order across all segments. As both trading and demat accounts are linked to each other that offers you to trade seamlessly. You can open a 5paisa trading account online within a few minutes and enjoy the best trading experience.
  • 5paisa Mutual Fund Account: Clients who are looking to open a 2-in-1 or all-in-one account with 5paisa will get a FREE mutual fund account. The broker with a partnership with 23+ AMCs offers plenty of mutual fund schemes under both direct and regular plans. People can also check experts’ handpicked funds across categories, top-performing funds, etc.


  • Trade-in equity, F&O, commodity, currency, IPO, MF, etc.
  • All-in-one account is an integrated platform hold stocks, mutual funds, and other securities all together in one place.
  • No separate commodity trading account needs to be opened.
  • Get access to a Free Mutual Fund account without any additional charges.
  • Trade at flat brokerage across all segments.


  • Notably, the online broker only serves Indian residents means NRIs can’t open an account with 5paisa.

5paisa Free Mutual Fund Account

    If you’re only a mutual fund investor and don’t trade in equity, F&O, commodity, currency, IPO, and other products then, it is a better choice to open a 5paisa Mutual Fund Account only so as to avoid any demat and trading account charges. You can open a FREE Mutual Fund Account with the broker at zero charges and undertake investment in the direct as well as regular schemes via SIP or lumpsum. Investment in direct plans is charged at a flat fee of Rs. 10/order while investment in regular schemes is free. The broker also provides Auto Investor services to help them build a customized MF portfolio in line with their goal, risk-tolerance capacity, and tenure.


  • Open a Free MF Account at zero charges.
  • Availability of direct and regular schemes.
  • Start, stop, and modify your SIP investment anytime.
  • Invest in direct schemes at the flat brokerage of Rs. 10/order.
  • Zero brokerage Investment in regular plans.
  • Get a lifetime free demat account to keep MF holdings.
  • Choose any route between SIP and lumpsum.
  • Create a personalized portfolio by specifying your goal, investment period, and risk.


  • No NRI provisioning means NRI can’t investment in MF with 5paisa.
  • Unlike Zerodha’s coin that is a platform to buy direct funds free, investment in direct MFs with 5paisa is a chargeable service.

Contact 5paisa

Alternatives to 5paisa


5paisa Trading Platform and Tools

Rated 4 stars Trading Platforms Rated 4/5

5paisa offers a complete package of in-house trading platforms including 5paisa mobile app, web platform, and trading terminal or software for online trading. Users can access each of the three trading platforms free at zero charges. A brief description of each of the platform offered by the broker are provided here as under:

5paisa Mobile Trading Application

    5paisa Mobile app is the industry’s one of the fastest-growing application and this is the reason, why, in November 2018, the app has won the “Best Mobile Trading App” award. One can use the 5paisa app to trade anywhere in the world and access its premium features that made it the best trading platform including but not limited to a single app to invest across all products, simple and attractive user interface, multi-asset watchlist, Auto investor, real-time market quotes, powerful charting, faster trade execution, thematic investing i.e. Smallcase, hassle-free fund transfer, research tools, price alerts. You can download a 5paisa app on both the android and iOS devices from the Google Play Store and App Store.

5paisa Trade Station Web

    Trade Station Web is the web-based trading platform on Users can log in their account accessing 5paisa online platform on any compatible browser i.e. Firefox, Chrome, Safari, Internet Explorer. The Trade Station by 5paisa facilitates you to trade-in stocks, futures & options, commodity market, currency market, IPO, mutual funds, etc. The lightening Trade Station Web comes with many features such as user-friendly interface, market watch, market watchlist with sparklines, a comprehensive dashboard, 20 years of historical data, technical charts & indicators, market analytics, etc.

5paisa Trade Station EXE

    Trade Station EXE is the desktop trading software or 5paisa trading terminal. You can install the software on your desktop and unlock its abundance features i.e. multiple order placement, advanced watchlist, advanced charting & tools, portfolio tracker, fast & reliable trade execution, keyboard shortcuts, order slicing, price alerts & notification, etc. The trading terminal by 5paisa is highly useful for expert-level traders and can be downloaded from the broker’s website. The only drawback is that the iOS version of the terminal is not yet available therefore, mac or iOS users can’t use it.

5paisa Trading Tools

5paisa offers a number of research tools that are elaborated here as under:

  • Smart Investor: In partnership with Marketsmith India, the broker offers the best quality of stocks that are well researched by the research team and thereby enable clients to build a great portfolio with handpicked stocks.
  • Algo Trading: As the name itself, it is an automated trading platform that examines market date on several pre-specified parameters on computer programs. Clients can also use the platform to design their own strategy, backtest it, and seek its approval from the exchange.
  • Swing Trader: The strategy presents a fundamental and technical analysis for various stocks to help traders selecting the right stock for short-term trading ideas.
  • Smallcase: It is a combined basket of a number of well-researched stocks that may be related to a particular theme, idea, or strategy. Customers can choose a specific theme based on his/her market opinion and undertake investment in selected stocks.
  • Sensibull: It is the options trading strategy platform that avails people to examine options data through the use of different tools such as Open Interest analyzer, screeners, event calendars, options Greeks, virtual trading, etc. Thus, it is a one-stop solution for simplified options trading with powerful strategies.

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

5paisa Trading Platform Compare

Here we are comparing 5paisa with its 5 close competitors on Trading Platform.

Broker 5paisa Sharekhan Zerodha Upstox SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about 5paisa

Rated 4 stars Rated 4/5 by 27 users

    5paisa is a completely digital broker that offers equity trading, derivatives trading, commodity trading, currency trading, IPO, MF, and other financial products. The online discount broker provides trading across various segments at a flat brokerage charge and thereby provides low-cost trading services to people. It is also the first online broker who offers Algo trading and Robo advisory services to customers. Further, its technology-driven mobile application, web-trading platform, and trading terminal provides a world-class trading experience. In addition, free mutual fund account, innovative research tools, advisory services, etc. attracts a large number of audience base to open an account with 5paisa and enjoy paperless trading. If you’re looking for the lowest discount brokerage to trade-in various financial products & services, then 5paisa is one of the best options. However, the key consideration with the broker is that it doesn’t offer NRI trading.

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Last updated on: 2021-02-03

5paisa FAQs

Yes, 5Paisa provide Cover Order and Bracket Order (CO & BO) over web and mobile application.


If you already have 5Paisa trading and Demat account, you just need to request the activation of the commodity segment on MCX. There is no separate commodity account. It comes with a 5Paisa All-in-one Account with no further charges to activate commodity trading.


5paisa recently introduce a subscription plan for high volume traders with additional tools & features bundled in one product. The company mainly offers 2 subscription plan – Gold and Platinum Plans. Subscription plan are charged monthly, with no major changes in brokerage rates. Subscription plan give you value-added services like research reports, FREE access to Smallcases, Smart Investor and Swing Trader. Also 5paisa offering higher margin with subscription plans. As a promotional offer, you will get a few FREE trades with a subscription plan. Direct Mutual Fund Investment is FREE. Read complete detail and comparison on 5paisa subscription plan.


5paisa Trade Station is an advance web-based trading platform. To place After Market Orders (AMO), you need to select the script. Click on Buy/Sell > Advance Button. At the bottom of the window, you can see a checkbox that says “Place this order after market hours”.

One more important thing we have noticed is 5paisa trade station doesn’t have a separate button for market order and limit order. To achieve a limit order, under the price section you need to define the limit price and select the appropriate order types (Regular, Stop Loss, BO and CO). You need to select validity which is Day, IOC (Immediate or Cancel) and VTD.

To place an order in market price – Price should be “0” so the system will consider that as a market order.


Clients can add and transfer funds from the registered bank account only. If any customer wants to change his registered bank details then, the person needs to download, print and send the duly filled Bank Detail Account Modification Request Form to the broker along with the self-attested copy of bank proof such as bank statement, passbook, or canceled cheque. The modification form can be downloaded from the website or client can even contact the customer representative to get the form over e-mail.

Download Bank Details Modification Form


To convert the intraday position into delivery on 5paisa, you need to go to the “Position” window and click on the open position and convert it into delivery. The position can be converted on the same day by 3:10 pm subject to margin availability for the scrip you wish to convert.


Withdrawing money from 5paisa is simple and available both on the website and mobile app. For withdrawing money from the 5paisa website, login to, then click on the amount beside mutual funds and click on the payout.

For withdrawing money from the mobile app, log in to 5paisa mobile app, go to the menu, then trade, then funds, and click on withdraw.

Payout cycle to withdraw money for Monday to Friday from 5paisa is:

  • Request payout on previous day 4.30 PM to next day 7.30 PM: Payment receipt in the clients’ bank account at 10.00 AM
  • Request at 7.30 AM to 9.30 AM: Payment received at 11.00 AM
  • Request at 9.30 AM to 11.30 AM: Payment received at 1.00 PM
  • Request at 11.30 AM to 2.30 PM: Payment received at 4.00 PM
  • Request at 2.30 AM to 4.30 AM: Payment received at 6.00 PM

The payout cycle to withdraw money for Saturday from 5paisa is:

  • Request payout on previous day 3.45 PM to next day 1.00 PM: Payment received at 4.00 PM
  • Request after 1.00 PM: Payment received at 1.00 PM on Monday


Yes, 5paisa is India’s fastest growing discount broker which offers investing and trading services that were launched in the year 2016. It offers online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It charges flat Rs 20 brokerage irrespective of the size of the trade, segment, or exchange. It also offers prepaid plans, viz., Optimum Plan, Platinum Plan, and Titanium Plan.


5paisa Capital Limited is a trading and clearing member of the National Stock Exchange (NSE) & BSE Limited (BSE). It is also registered with AMFI for Mutual Fund Distribution and is a Depository Participant registered with CDSL.


5paisa is one of the top discount brokers of India which is in partnership with IIFL Securities. So, 5paisa is a trustworthy, safe, and reliable broker which is also registered on BSE, NSE, and MCX.


BO ID is a unique 16 digit demat account number given to the customer's demat account with 5paisa. The first eight-digit are 5paisa DP ID, i.e., 12082500 and the last eight-digit are a unique client ID.


TPIN is a six-digit number that is sent to your email and mobile number when you open your account with 5paisa after 2 days from the activation of your account. You can use this pin for authorizing the selling of securities from your demat account or to transfer shares from your demat account to 5paisa collateral account.


The process of selling securities is considered as unsettled funds from the time you place a trade order until the completion of the settlement period. Settlement of stocks takes two days from the following trade day, therefore, the sale technically does not complete. The value of stocks sold on the trading day is called unsettled trade value in 5paisa or any other broker.


Compare 5paisa

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5paisa Capital Ltd User Reviews

48. DEEPAK KUMAR MISHRA 9/4/2021 2:52:48 PM Reply


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
47. Karan 2/16/2021 10:28:52 AM Reply
Overall great app!


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
46. Ram 6/26/2020 11:05:10 AM Reply
5paisa is the worst brokerage service provider. They entice you with low cost brokerage and trading account, but it is literal trap.

Once we put our fund, it very very difficult to take them out.

The customer service is worse than fish market service. No one cares or cordial towards customer.

They will reply us the same copy pasted message 100 times whatever way we ask them.

Also, there are lots of hidden charges, they will give some reason blaming NSDL or CDSL for the charges and will never reverse them.

I''m having sleepless nights trying to move my fund out of the trading account.

My advice is even if we pay extra Rs. 10 it is better to have good night feeling our hard money is in safe hands.
45. Subhash Chandra 6/25/2020 6:05:41 AM Reply
1. The rate is not quoted on real time basis.
2. There is no levereage provided in all segments.
3. Bracket and cover order is not working in Index segment.
4. In ledger there is minimum balance to be maintained.


Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
44. Suresh 4/29/2020 12:44:37 AM Reply
Most stupid web for trading


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
43. Raghavendra Shastri 3/26/2020 12:58:29 PM Reply
Never ever get trapped in 5paisa trap. Very poor service even if you are a premium member. They will call you thousand times for selling their useless service once you get trapped they will ignore you like anything. You won’t be able to trade as you like. Lots of hidden charges. No support at all. You will loose your money and they wont even address your concerns. There is no telephonic support at all they will ask you to send email and when you send email few days later you will receive an email stating that your issue is resolved and case closed. Nothing would be done. You will get only frustration and disappointment.

Stay away from these thieves.


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
42. viral 12/29/2019 1:56:33 AM Reply
not good


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
41. Sunil 12/9/2019 4:03:43 AM Reply
Worst experience. They charged me for the service i didnt even subscribed. When asked to refund, they didnt even care to respond, i had to close the account to come out of they clutches. Do not recommend 5paisa to anyone. They are bunch of cheaters


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
40. BIJENDER MISHRA 10/23/2019 1:57:51 PM Reply
5 Paisa is a big fraud guys, can you just imagine, I transferred 1.25 lakhs from my ICICI Bank net banking on 22nd Oct 2019 , but this amount never got credited to my trading account. Big mental harassment they gave. I spoke to my ICICI Bank and they confirmed that amount has been transferred to 5Paisa account same time but still 5 Paisa team has not credited to my trading account. Spoke to their support 20 times, multiple mails sent to them but no reply. Whenever I call, they say "wait" our fund department will revert which they never did. I am super frustrated now and thinking to take legal action against them. Any of you have similar experience with them , please revert to me if so...
39. SUSIL MUKHERJEE 10/11/2019 2:51:43 PM Reply
i am a full time trader


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