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Yes, 5paisa is a safe, reliable, and trustworthy broker because it is registered with SEBI, BSE, NSE, and MCX exchanges. Nirmal Jain, who is also the promoter of IIFL holdings is a major shareholder in 5paisa broking house. This is the reason 5paisa despite being a discount broking house offers research & margin facilities. Further, the broker is neither involved in proprietary trading. 5paisa is also a publicly listed company which shares traded on the BSE and NSE.
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Zerodha Trade@20
