A new market occupier, 5paisa, emerged in 2007. It is a discount stock broking firm which is a sub-division of IIFL, one of India's biggest financial companies. 5paisa, which is a new branch of IIFL group, emerged as the fastest growing discount brokerage firm in India. The company though doesn't operate through any branches, but with the help of IIFL Branch Network, it acts in the collection and submission of forms. Though being a youngster in the marketing world, 5Paisa already had originated three domains in financial ecosystem-Online trading, insurance, and Mutual Funds. They offer commodity trading too. In this article we are going to discuss why 5paisa is best and what are the 20 reason to choose 5paisa as your stock broker.
There are many other established discount brokerage firms, who was holding supremacy over a wide span of time. And 5Paisa needs exceptional qualities to stand out as unique among them. Still being morphed with every, already amended aspect, they are successful in gaining popularity across India in a short span of times. They have their unique features and reasons, which would make people love to have a trade with them. Top 20 reasons to trade with 5Paisa are discussed below:
Do you know you could save the brokerage up to 90% by joining to online discount broker? Features like best trading platform, Easy and Handy Mobile App and instance Pay in facility for your trades. Trade in Equity Cash, Equity F&O, Currencies, Commodities and Invest in IPO, Mutual Fund with low brokerage charges and best in class services.
We can help you choose the right broker. Contact us today...
5Paisa has a dominative approach even as a discount broker. They lend supports and services ranging from online trading and others except for commodities. Cheap but the quality contracts are available with them. They strongly believe in the leverage technology and follow the modernized approach towards providing the delicacy of trading to their customers.
The various products that they are offering are as follows
The 5Paisa is serving convenient leverage charges that though are decent but still recommended to use at your own risk. The initiative is lucrative and that's beyond doubt, but accessing to it without prominent knowledge can put you into risky situation. Anyway 5Paisa are aware of setting their leverages that are provided to their customers across different segments. These values are as follows:
Other than regular margin, Margin Funding Facility is also offered by 5paisa. Margin Funding by 5paisa is a special service and customer need to request for activate this service. After activating Margin Funding Facility, you will get T+90 days time to complete your trades. Interest of 18% PA will be charges on borrowed money for margin.
With the emerging 5Paisa, discount broker, the previously established firms like Zerodha, Upstox, SAMCO all are facing tough challenges. They had solidly morphed every aspect of their company, with the support of financial leader like IIFL. And what more one can say regarding the wholesomeness of the brokerage house after this statement, which summarises the richness of this house at a glance- "5Paisa certainly looks one of the promising discount stock brokers of the country. With low brokerage, decent trading platforms, provision of tips and recommendations-it certainly offers more than value for money service to its clients. If you are a beginner or a small to medium level investor, this discount stock broker suits the requirements you might have at this stage or phase of your trading career. Customer service, though, is one area that needs immediate attention and must be improved across communication channels."
Last updated on 17th May 2019
No feedback found for this broker. Be the first to post the review.
Free Delivery for Lifetime
Flat ₹15 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software