Name: 5paisa
Brand: 5paisa
Price: 20 INR
Availability: InStock
Rating: 4.1 (1 reviews)

Overview

5paisa revolutionizes affordable trading with zero brokerage for the first 30 days and a flat ₹20 per order across all segments thereafter. The platform offers comprehensive investment access including equity, derivatives, commodities, currency, mutual funds, and US stocks under one account. Perfect for cost-conscious traders seeking technology-driven solutions with powerful tools including FnO 360, API access, and TradingView integration. As India's first publicly listed discount broker with SEBI registration and backing from IIFL Holdings, 5paisa combines institutional credibility with retail-friendly innovation.

Pros

↑Zero brokerage for first 30 days up to ₹500 cap
↑Flat ₹20 pricing across all segments with no hidden fees
↑Free API access and advanced trading tools for algo traders

Cons

↓Annual maintenance charges of ₹300 for demat account
↓Limited personalized advisory compared to full-service brokers
↓Customer support limited to business hours only

Key Highlights

Welcome Offer
Zero brokerage first 30 days
Free brokerage for 30 days from account opening date
Maximum benefit capped at ₹500 total
Applies to all legitimate trades across all segments
Brokerage reversal processed within 45 days of account opening

Trading Costs
Flat ₹20 per order
Equity delivery trading: Flat ₹20 per order
Equity intraday trading: Flat ₹20 per order
Futures and Options: Flat ₹20 per order
Commodity trading: Flat ₹20 per order
No percentage-based charges regardless of trade size

Assets & Markets
9000+ mutual fund schemes
Zero commission on all mutual fund investments
Access to 9000+ schemes from top AMCs
SIP facility available for systematic investing
Direct mutual fund plans for better returns

Why Choose?
FnO 360 derivatives terminal
Real-time options chain with 16+ Greeks
Straddle chain for strategy analysis
Open interest graphs and momentum indicators
One-tap futures rollover feature
Pre-defined strategy execution tools

Regulation & Safety
SEBI registered
SEBI registered stockbroker since 2016
Member of NSE, BSE, and MCX exchanges
CDSL depository participant for securities
Promoted by IIFL Holdings Limited
First listed discount broker in India

Account Minimum
Free API access
Xstream APIs for building custom trading applications
No API charges or subscription fees
Suitable for algorithmic and automated trading
Complete documentation and support provided

Key Benefits

Trading Costs

★4.6

▼

Flat ₹20 per order across all segments eliminates percentage-based charges
Zero brokerage for first 30 days up to ₹500 cap for new accounts
Zero commission on mutual fund investments saves significant costs
Zero brokerage on Stock SIP and ETF SIP investments
Annual maintenance charge of ₹300 competitive in discount broker space
No hidden fees or additional platform charges

Platform And Tools

★4.3

▼

Mobile-first trading app highly rated on App Store and Play Store
Web platform 2.0 with responsive design for browser trading
TradeStation desktop terminal for advanced traders
FnO 360 dedicated derivatives trading platform with real-time Greeks
Scalper Terminal with lightning-fast keyboard execution
TradingView charts integration for technical analysis
Publisher JS for embedding trading buttons

Research And Analysis

★3.7

▼

Basic fundamental and technical research provided
Company analysis with 300+ data points
Advanced stock screeners for filtering opportunities
Economic calendar and market news updates
Email and mobile technical call alerts available
Limited compared to full-service brokers

Mobile Trading

★4.4

▼

Comprehensive mobile app for iOS and Android
Full feature parity with desktop including FnO 360
Real-time market depth and live quotes
Chart trading with TradingView integration
Biometric login with fingerprint and face ID
One-tap trading for quick execution
Push notifications for price alerts

Account Features

★4.2

▼

Single account for trading, demat, and mutual funds
5-minute paperless account opening with Aadhaar
Stock SIP for automated equity investing
MTF Pay Later for margin trading up to 4X leverage
IPO application facility integrated
US stocks investment capability
Multiple deposit methods including UPI and IMPS

Security And Trust

★4.4

▼

SEBI registered since 2016 with clean compliance record
Member of NSE, BSE, MCX, and CDSL
First discount broker to get publicly listed in India
Backed by IIFL Holdings with 20+ years experience
Two-factor authentication mandatory
Client fund segregation as per regulatory norms
Regular audits by exchanges and regulatory bodies

Customer Support

★3.5

▼

Email and phone support during business hours
In-app support and ticketing system
Comprehensive FAQ section organized by categories
Response time typically within 24 hours
No 24/7 support availability
Limited live chat functionality

Educational Resources

★3.6

▼

FinSchool platform with free investing courses
Market guide covering basics of stock market
Blog articles on investment topics
Video tutorials for platform usage
Webinars on market trends occasionally
Limited advanced educational content

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	✓
Grid Trading	×
Trading Bots	×
Robo Advisory	✓
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	✓
Basket Trading	✓
Options Strategies	✓
Smart Order Routing	×
Backtesting Capabilities	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	×
Dividend Tracker	×
Economic Calendar	✓

Detailed Information

Commission Tiers	Flat rate structure with no volume-based tiers ₹20 per order for all users regardless of trade size No preferential pricing or VIP discounts First 30 days zero brokerage for new accounts up to ₹500
Trading Fees	Equity delivery: Flat ₹20 per order Equity intraday: Flat ₹20 per order Futures: Flat ₹20 per order Options: Flat ₹20 per order Commodity: Flat ₹20 per order Currency: Flat ₹20 per order All charges plus 18% GST
Stock Etf Commission	₹20 per order
Options Commission	₹20 per order
Futures Commission	₹20 per order
Financing Rates	MTF interest rate: 14.99% per annum charged fortnightly Zero interest on first ₹1,00,000 margin for MTF promotion Interest on amounts exceeding ₹1,00,000 Minimum margin requirements as per SEBI norms
Margin Interest Rate	14.99% per annum
Overnight Fees	Not applicable for equity delivery MTF interest applies for margin positions
Non Trading Fees	Annual maintenance charge: ₹300 for demat account DP transaction charges: ₹20 per scrip when selling Pledge charges: ₹20 per scrip for margin pledge Unpledge charges: ₹20 per scrip Call and trade: ₹20 per call
Deposit Fee	Zero for UPI, IMPS, NEFT transfers
Withdrawal Fee	Zero for online withdrawal requests
Currency Conversion Fee	Competitive rates for US stock trading
Data Feed Fees	Free real-time quotes for NSE, BSE, MCX
Order Modification Fee	Zero for online modifications
Vip Fee Tiers	No VIP or volume-based pricing tiers Flat ₹20 for all users

Minimum Spreads	Market-determined spreads
Maximum Leverage	Up to 4X for MTF Pay Later Standard margin as per exchange requirements
Margin Call Level	As per SEBI regulations
Stop Out Level	As per SEBI regulations
Negative Balance Protection	Yes
Settlement Period	T+2 for equity T+1 for F&O
Order Execution Quality	Direct market access to exchanges Fast execution through cloud infrastructure Order confirmations in real-time

Stocks Count	5,000
Etfs Count	500
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Complete access to NSE and BSE stocks Futures and options on indices and stocks MCX commodity futures Currency derivatives 9000+ mutual fund schemes ETFs and REITs IPO applications US stocks investment
Geographic Market Coverage	India: NSE, BSE for equities India: MCX for commodities India: NSE for currency derivatives United States: US stocks investment
Major Markets Details	Full NSE access including Nifty derivatives Complete BSE coverage including Sensex derivatives MCX commodity trading for gold, silver, crude oil Popular US stocks through partnership
Emerging Markets Details	Focus primarily on Indian markets No direct emerging market access
Base Currencies Supported	INR, USD

Trading Platforms Overview	Mobile app for iOS and Android Web Platform 2.0 for browser trading TradeStation desktop terminal FnO 360 derivatives platform Scalper Terminal for ultra-fast trading
Desktop Platform	TradeStation: Downloadable Windows application Advanced charting and technical analysis Multi-market watchlists Fast order execution Suitable for active traders
Mobile App	5paisa Trading App highly rated Full trading functionality on mobile FnO 360 integrated in mobile Biometric authentication Push notifications for alerts Seamless fund transfers via UPI
Web Platform	Web Platform 2.0 responsive design No download required Access from any browser Portfolio tracking and analysis Real-time market data Order management system
Trading Tools And Features	Advanced stock screeners FnO 360 with live Greeks Option chain analysis Bulk order placement Basket orders Valid Till Triggered orders Chart trading capability
Charting And Technical Analysis	TradingView charts integration Multiple timeframes and indicators Drawing tools for pattern analysis Real-time price updates ChartIQ alternative charting
Risk Management Tools	Stop-loss orders Target orders Bracket orders Margin requirement calculator Position monitoring Price alerts
Order Types Available	Market orders Limit orders Stop-loss orders Stop-loss market orders Valid Till Triggered Bracket orders Cover orders After Market Orders
Integrations And Api Access	Xstream APIs free for all users REST and WebSocket APIs Complete API documentation Suitable for algorithmic trading Third-party algo platforms: Streak
Third Party Platforms	TradingView integration Smallcase partnership Streak for algo trading Tavaga robo-advisory
Api Rate Limits	Standard API rate limits apply No separate API charges
Algo Trading Support	Yes via Xstream APIs Free API access Preloaded algos available

Customer Support Overview	Email and phone support In-app support ticketing Comprehensive FAQ section Response during business hours
Phone Support Hours	Business hours Monday to Friday Limited weekend support
Live Chat Availability	In-app messaging available Not 24/7
Email Response Time	Within 24 hours typically
Languages Supported	English, Hindi, and other regional languages
Local Office Presence	Headquarters in Thane, Mumbai Pan-India presence
Account Manager	Not provided for retail accounts
Educational Resources Overview	FinSchool with free courses Market guides and tutorials Blog articles on investing Video content available
Beginner Resources	Yes - FinSchool for beginners Market guide covering basics
Webinars And Tutorials	Occasional webinars Video tutorials on platform
Market Analysis And Research	Basic research reports Technical and fundamental calls Market news updates
Demo Account Details	Not explicitly offered
Trading Courses	FinSchool courses available
Tax Reporting Help	Quicko partnership for tax filing Automatic P&L calculation

Regulation Overview	SEBI registered stockbroker Member of NSE, BSE, MCX CDSL depository participant First listed discount broker in India Promoted by IIFL Holdings
Primary Regulator	Securities and Exchange Board of India (SEBI)
License Number	NSE Member: 15722 BSE Member: 6768 MCX Member: 56710 CDSL DP ID: 12035000
Investor Protection Scheme	Client fund segregation as per SEBI norms Regular audits by exchanges Investor grievance mechanism SEBI registered intermediary
Security Features	Two-factor authentication mandatory Biometric login on mobile app Encrypted transactions Secure payment gateways Regular security audits

Commission Tiers

Flat rate structure with no volume-based tiers
₹20 per order for all users regardless of trade size
No preferential pricing or VIP discounts
First 30 days zero brokerage for new accounts up to ₹500

Trading Fees

Equity delivery: Flat ₹20 per order
Equity intraday: Flat ₹20 per order
Futures: Flat ₹20 per order
Options: Flat ₹20 per order
Commodity: Flat ₹20 per order
Currency: Flat ₹20 per order
All charges plus 18% GST

Stock Etf Commission

₹20 per order

Options Commission

₹20 per order

Futures Commission

₹20 per order

Financing Rates

MTF interest rate: 14.99% per annum charged fortnightly
Zero interest on first ₹1,00,000 margin for MTF promotion
Interest on amounts exceeding ₹1,00,000
Minimum margin requirements as per SEBI norms

Margin Interest Rate

14.99% per annum

Overnight Fees

Not applicable for equity delivery
MTF interest applies for margin positions

Non Trading Fees

Annual maintenance charge: ₹300 for demat account
DP transaction charges: ₹20 per scrip when selling
Pledge charges: ₹20 per scrip for margin pledge
Unpledge charges: ₹20 per scrip
Call and trade: ₹20 per call

Deposit Fee

Zero for UPI, IMPS, NEFT transfers

Withdrawal Fee

Zero for online withdrawal requests

Currency Conversion Fee

Competitive rates for US stock trading

Data Feed Fees

Free real-time quotes for NSE, BSE, MCX

Order Modification Fee

Zero for online modifications

Vip Fee Tiers

No VIP or volume-based pricing tiers
Flat ₹20 for all users

5paisa

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

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