Rated 4/5 based on 8 customer reviews
5paisa, a first Full Service discount broker, charging flat fee Rs 10 per trade. 5paisa is part of IIFL group and providing discount brokerage service like full-service broker. They are providing service including trading in Equity & Currency, Commodity, Mutual Fund investment, and Insurance advisory. Apart from Rs 10 per trade plan, the company allows direct mutual fund investment option in Rs 10 per transaction. 5paisa is offering "low brokerage and high exposure" to its trader and investors.
On the margin, 5paisa is offering higher and competitive margin to its traders.
Formula for Equity CO margin calculation is : 2% of qty*price+ (limit price - SL price difference)*Qty
Formula for Futures CO margin calculation is : 10% of 1 lot Margin+(limit price - SL price difference)*Qty
|5paisa Equity Delivery Margin||Up to 3.5x via Margin Funding.|
|5paisa Equity Intraday Margin||Up to 20x leverage for equity.|
|5paisa Future Margin (Index and Stocks)||Up to 3x leverage (of NRML Margin) for futures.|
|5paisa Options Margin||Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying.|
|5paisa Equity CO/BO Margin||Up to 33x margin/leverage in CO order for selected equity scripts.|
|5paisa Future CO/BO Margin (FCO)||Up to 33x margin/leverage (of complete order) in CO order for futures contracts.|
|5paisa Options CO Margin (OCO)||NA|
|5paisa Commodity Margin||Up to 20x leverage for commodity.|
|Brokerage Calculator||5paisa Brokerage Calculator|
|SPAN Margin Calculator||5paisa Margin Calculator|
Broker QnA (Frequently Asked Questions) - Get answer of all basic question on margin policy related to 5paisa.
5paisa offers up to 3.5x via margin funding.
5paisa offers up to 20x leverage for equity.
5paisa offers up to 3x leverage (of nrml margin) for futures.
5paisa offers up to 3x margin (of nrml margin) for options shorting, no leverage for option buying.
5paisa offers up to 33x margin/leverage in co order for selected equity scripts.
5paisa offers up to 33x margin/leverage (of complete order) in co order for futures contracts.
5paisa offers up to 20x leverage for commodity.