"Low Brokerage, decent trading platforms, provision of tips & recommendation makes 5 Paisa a player who offers more than the value for money services to his customers."
Why 5paisa?
- It is one of the renowned stockbrokers who provide broking service to its clients at a nominal rate.
- 5 Paisa offers broking service, opportunity to invest in mutual funds, insurance facility, and various other financial products to diversify your portfolio.
- All trading platform of 5 paisa.com has an excellent user interface.
- High-quality investment advice from an experienced research team is leveraging from the parent stock broking company India Infoline."
Positives
- It provides service equivalent to full-service broker though it discount broker.
- It is one of the cheapest stock brokers in India and charges brokerage starting from Rs 10 per executed order.
- Provide trading facility in Equity & derivatives, Future & Options (F&O) and Currency segments.
- Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
- One mobile app for all services like trading in equity & derivatives, IPOs, Mutual Funds, and Insurance.
- Above average customer service as a perk of its parent company, i.e., IIFL.
- Offers free technical, derivative and fundamental research & advice to customers for additional cost.
- You can choose from Add-on-packs
- Free trading platform including mobile app, website and desktop trading terminal. No software charges.
Needs Improvement
- Does not have a physical presence anywhere all over India-No branches.
- Does not provide monthly or yearly plans for trading.
- Does not provide the facility of trading in commodity
- Call & Trade is available at an additional cost of Rs 100 per call in Power Investor Pack. The customer can place any number of trades in one call for Flat Rs 100 fee.
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| Year of Incorporation | 1996 |
| Products | 5Paisa Mobile app, 5paisa trade station, 5paisa trade terminal |
| Demat Services | Yes |
| Active Exchange Memberships | NSE, BSE, MCX |
| Website | www.5paisa.com |
| Contact Details | +918976689766 |
| Total Number of Clients | 544,270 |
| Total Number of Branches | 1 |
5paisa.com is the website launched by IIFL which is one of the financial leaders of the country. It is the first discount broker that provides share trading & Robo Advisory in a single app that too at the lowest cost. They have a vast customer base of approximately 2.9 million.
5paisa offers broking service, mutual fund, insurance services, equities & derivatives, and various other financial products except commodity trading. They are among those discount brokers who provide online share trading at the lowest cost in India. 5 paise.com's App offers two types of accounts that offer all their services.
Apart from priceless investment advice from a team of experts, this site offers real-time stock quotes, market news, and other technical analysis tools for providing better customer service.
5paisa believes in the authenticity of the functionality of a traditional brokerage house such as Infoline (IIFL), Edelweiss, with lower cost. They charge brokerage as per the flat fee instead of the percentage of the value of trades.
You can do trading across all financial products at a brokerage of ₹20 per executed order irrespective of the number & price of shares. The company is registered DP with CDSL and is listed on NSE as well as BSE.
As informed earlier on this blog 5paisa have the user-friendly app and offers two types of account. We will throw some light on the types of accounts this app offers to its customers in this segment.
- All in One (Trading + Investment Account): This account provides you trading + Demat account which allows you to manage your portfolio from a single dashboard. Along with this service, it gives Robo advisory & mutual funds offering at the very low brokerage. They charge brokerage at a flat fee of ₹20 irrespective of the quantity and price of shares.
- Mutual Funds Investment Account (Free Account): It is a compelling account as it provides the most potent Robo-advisory engine, The Auto investor. It is beneficial for new & seasoned investors and is available free of cost.
Robo- advisory engine- Auto investor tries to analyze the profile of each investor & their investment objective. By this, it gives the best advice to its clients.
For DIY (Do IT Yourself) investors, the 5paisa.com app has a fund finder that helps in analyzing the right funds based on the various criteria and helps you to invest lump sum amount or SIP (Systematic Investment Plan) incorrect mutual fund scheme.
With Your 5paisa Online Share Trading Account, You Can:
- Correct Financial Investments - Analyze your profile and take guidance to invest in Equities & Derivatives, Currencies.
- Strengthen your financial future
- Save your hard-earned money - 5paisa charge brokerage at ₹10 per order. You will find no other stockbroker charging you this low brokerage.
It is not mandatory to have a Demat account with 5 paise, and you have the leverage to link your previous Demat account with 5paisa. This service makes your task hassle-free.
As it is connected to India Infoline, The discount broker has a considerable advantage when it comes to industry know-how, dynamics, and customer behavior, etc. And that's how 5 paise can provide you research tips and recommendations with technical and fundamental analysis.
Along with other services 5paisa also offers auto, health, and term insurance. They have a tie-up with renowned insurance companies like ICICI Prudential, Bajaj Allianz, Bharti, IDBI Federal, Reliance General, Religare, etc. For this service also, they have provided an automated insurance advisor who helps you analyze your requirements and take correct plans for a safe and secure future.
5paisa Affiliation Details
- CIN: U67190MH2007PLC289249
- SEBI REGISTRATION NO : INZ000010231
- NSE Member ID: 14300
- BSE Member ID: 6363
- CDSL : IN-DP-CDSL- 192-2016
Customers Service options offered by 5paisa
5paisa offers multiple communication channels to its clients for using the customer service
- Phone Number :
- Customer Support / Call & Trade : + 918976689766
- Email Support: [email protected]
- Corporate Office :
Sun Infotech Park, Road No,
16V, Plot No.B-23 Thane,
Industrial Area, Wagle Estate,
Thane - 400604
Active Client Details Of 5paisa
- 5.44+ Lacs Clients.
5paisa Account Opening & AMC Charges
Trading Account / Demat opening is the one-time fee that 5paisa charges while initiating your account opening process. Trading /Demat AMC(Annual maintenance Charges) is an annual fee charged by 5paisa to maintain your account, this is yearly charge and deduct from your account even if you haven't traded for a year.
| Type | Account Opening (One Time) | Annual Maintenance Fees (Yearly) |
|---|---|---|
| Trading Account | NIL | NIL |
| Demat Account | NIL | Rs. 75/ Quarter |
5paisa has recently launched 2 new Add-on-packs for its clients. The first one is the Power Investor Pack where you are going to get lower brokerage charges & free research services by paying monthly subscription fees of Rs.449. The second one is the Ultra Trader Pack where you are going to get all the benefits of the Power investor pack along with Free First 101 Trades every month, Intraday exposure of 4X in options, Higher intraday exposure in cash segment, Free Call & Trade Facility and no Funds Transfer charges by paying monthly subscription fees Rs.899
5paisa Ultra Trader Pack
Key Features of 5paisa Ultra Trader Pack:
- A flat fee of ₹10/executed order (50% discount)
- No Funds Transfer charges
- Free Call & Trade
- No DP Txn Charges
- Brokerage free First 100 trades every month
- Intraday exposure of 4X in options
- Higher intraday exposure in the cash segment
- Free Subscription of 5paisa Swing Trader worth Rs.1600 per month, where you can get Stock ideas for intraday and short term trading
- Free Subscription of “Smart Investor” worth Rs.1600 per month, where you can get Long term investment ideas
- Advanced Portfolio Analytics. Compare your portfolio performance with benchmark indices, sectoral concentration, and much more
- Free model portfolio and list of hot stocks
- Get Extensive research on over 4000 stock
- Get Market evaluation
- Daily Market Outlook
- Track your Portfolio, Create a benchmark
5paisa Ultra Trader Pack Brokerage Charges:
Power Investor Pack is useful for an investor who wants to avail themselves of research support, Short-term trading ideas, and Long-term investment ideas and have a High level of trading in a month.
| EQ Delivery | Flat ₹10 per executed |
| EQ Intraday | Flat ₹10 per executed |
| EQ Futures | Flat ₹10 per executed |
| EQ Options | ₹10/ Lot |
| CUR Futures | Flat ₹10 per executed |
| CUR Options | ₹10/ Lot |
| Commodity Trading | Flat ₹10 per executed |
5paisa Ultra Trader Pack Value-Added Services
| Research Report | Yes |
| Intra-day calls | Yes |
| Long Term Investment ideas | Yes |
| Access to Smart Investor | Free of Cost |
| Access to Swing Trader | Free of Cost |
| Free Trades | First 101 Trades |
| Call & Trade | Free of Cost |
| Monthly subscription | ₹899+18% GST |
| DP Charges | Free |
| Pay In Charges | Free |
| Portfolio Analyzer | Yes |
| Options writing exposure | 4X in options |
5paisa Ultra Trader Pack-Other charges:
| DP transaction charge Debit | Free |
| Delayed Payment Interest | 0.06% interest per day (21.90% p.a.). |
| Call & Trade Charges | Free |
| Pay-in Charges | Free |
| Pledge Creation for funding | ₹25 per scrip |
| Pledge Creation for Margin | ₹15 per scrip |
| Unpledge | ₹12.5 er scrip |
| Reconversion of MF units to SOA or redemption/restatement per SOA | ₹15 |
| Demat Charges | ₹15 |
| Remat Charges | ₹15 per certificate or ₹100 Units/Share (Whichever is lower) |
| Conversion of MF Units Re-issuance of (Additional) New DIS | ₹15 |
| Postal Charges for physical dispatch | ₹40 |
5paisa Power Investor Pack:
Key Features of 5paisa Power Investor Pack:
- A flat fee of ₹10/executed order (50% discount)
- Free Subscription of 5paisa Swing Trader worth Rs.1600 per month, where you can get Stock ideas for intraday and short term trading
- Free Subscription of “Smart Investor” worth Rs.1600 per month, where you can get Long term investment ideas
- Advanced Portfolio Analytics. Compare your portfolio performance with benchmark indices, sectoral concentration, and much more
- Free model portfolio and list of hot stocks
- Get Extensive research on over 4000 stock
- Get Market evaluation
- Daily Market Outlook
- Track your Portfolio, Create a benchmark
5paisa Power Investor Pack Brokerage Charges:
Power Investor Pack is useful for an investor who wants to avail themselves of research support, Short-term trading ideas, Long long-term investment ideas and have a moderate level of trading in a month.
| EQ Delivery | Flat ₹10 per executed |
| EQ Intraday | Flat ₹10 per executed |
| EQ Futures | Flat ₹10 per executed |
| EQ Options | ₹10/ Lot |
| CUR Futures | Flat ₹10 per executed |
| CUR Options | ₹10/ Lot |
| Commodity Trading | Flat ₹10 per executed |
5paisa Power Investor Pack Value-added Services
| Research Report | Yes |
| Intra-day calls | Yes |
| Long Term Investment ideas | Yes |
| Access to Smart Investor | Free of Cost |
| Access to Swing Trader | Free of Cost |
| Free Trades | No |
| Call & Trade | ₹100 per Call |
| Monthly subscription | ₹449+18% GST |
| DP Charges | ₹12.5 on selling |
| Pay In Charges | ₹10 on NetBanking, UPI & IMPS transfer is free |
| Portfolio Analyzer | Yes |
| Options writing exposure | Not available |
5paisa Power Investor Pack-Other charges:
| DP transaction charge Debit | ₹12.5 |
| Delayed Payment Interest | 0.06% interest per day (21.90% p.a.). |
| Call & Trade Charges | ₹100 per call |
| Pay-in Charges | ₹10 on NetBanking, UPI & IMPS transfer is free |
| Pledge Creation for funding | ₹25 per scrip |
| Pledge Creation for Margin | ₹15 per scrip |
| Unpledge | ₹12.5 er scrip |
| Reconversion of MF units to SOA or redemption/restatement per SOA | ₹15 |
| Demat Charges | ₹15 |
| Remat Charges | ₹15 per certificate or ₹100 Units/Share (Whichever is lower) |
| Conversion of MF Units Re-issuance of (Additional) New DIS | ₹15 |
| Postal Charges for physical dispatch | ₹40 |
5paisa Equity Delivery | Intraday brokerage & Other Charges
| Charges | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | Rs.20 Per executed order | Rs.20 Per executed order |
| STT | 0.01% ON BOTH Buy & Sell | 0.025% On the Sell-side |
| Transaction / Turnover charges | NSC / BSC: 0.00325%, | NSC/ BSC : 0.00325%, |
| SEBI Charges | 15 Rs/Crore | 15 Rs/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.015% | 0.03% |
5Paisa F&O Brokerage & Other Charges
| Charges | Equity Future | Equity Options |
|---|---|---|
| Brokerage | Rs.20 Per executed order | Flat Rs.20 per executed order |
| STT | 0.01% On the Sell-side | 0.017% On the Sell-side (ON PREMIUM) |
| Transaction / Turnover charges | NSC/BSC : 0.0021%, | NSC/BSC : 0.051%, |
| SEBI Charges | 15 Rs/Crore | 15 Rs/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.002% | 0.003% |
5paisa Currency Brokerage & other Charges
| Charges | Currency Future | Currency Options |
|---|---|---|
| Brokerage | Rs.20 Per executed order | Rs.20 Per executed order |
| STT | NA | NA |
| Transaction / Turnover charges | NSE: 0.0021% | NSE: 0.051% |
| SEBI Charges | 15 Rs/Crore | 15 Rs/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.0001% | 0.0001% |
5Paisa Mutual Fund Fee Structure
At The Time of Buying
| For SIPs | Rs.0 |
| For Lumpsum Investment | Rs.0 |
At The Time of Selling / Switching
| For SIPs | Rs.0 |
| For Lumpsum Investment | Rs.0 |
5Paisa Margin Exposure, Leverage for Intraday and F&O
| Trade Type | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity IntraDay | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1x |
Opening an Account with 5paisa
The account opening process in India still requires offline processes for completion. We still have to sign a physical copy of the forms and other documents.
- Fill in your details: Fill in your PAN number, Date of Birth and Aadhar number and SYSTEM will prefill all your details, so can just verify it.
- Fill in your Bank details: Just key in your Account Number and IFSC to fetch all your bank details in one go.
- Upload your Documents: With 5paisa, just upload your photo, pan card & canceled cheque through the app itself.
- Make Payment: Once you have done the above process, a payment window will pop up which will ask you to pay account opening charges. You can add the fund for transacting at the same time. Funds you want to add for trading are at your will, and there are no minimum funds required on behalf of 5 paise.
- E-sign your form: After completion of all the details, you have to do the last step, i.e., signing the form. You can do it with a digital signature however if you do not have an Aadhar card then in that case you have to physically sign the form.
The Final Thoughts about 5paisa
5paisa.com is one of the emerging discount brokers that entered into the business in 2016 and has achieved a turnover of ₹1000 Crore a day in all equity segments within a short period. They have a robust customer acquisition strategy and have an active customer of approximately 1.12 Million and are growing stronger.
5Paisa is suited to the investing and saving crowd who wish to manage all their investments and personal finance obligations from a single login.
It is one sole discount brokerage firm that provides technology-driven equity services along with mutual fund investment, insurance service, automated advisory tools & experts' advice. Generally, no discount broker will provide all these services at such low brokerage. This digitalization helped them to gain the growth of 100% quarter-on-quarter (Q-O-Q) in terms of revenue and client.
We strongly recommend going with 5paisa provided they improve on customer service parameter and if you want a diversified portfolio with a perfect combination of all profit gaining financial product which can be managed by a single dashboard. Not only this but also high technology and advisory support in your entire financial journey.
5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)
Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.
Open Online Account Now! and start trading today.Frequently Asked Questions:
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1. How much ICICI Direct charge for Call & Trade Facility?
ICICI Direct offer first 20 calls free in a month after which Rs.25 (Plus 18% GST) will be charged per call.
Open Instant Account (Start Trading Today)
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