5 paisa Review

5 Paisa

5 paisa was launched in the year 2007. 5 Paisa Review gives more than 7,500 retail customers and  targeted to acquire around 50,000+ customers. The broking house is in the process of demerging from IIFL and is also in the process of getting listed on the stock exchanges.

5 paisa has planned to commence trading in commodities and to offer personal loans in near future. It also intends to include funding products like IPO, NCDs etc.  This is planned to be routed through a NBFC of IIFL Group. They does not have any major investment infrastructure. The set up office is in Mumbai, apart from this, it does not have physical presence in any other part of India or world.

How To Open 5 Paisa Account – Brokerage, Benifits and Services Review

The Discount broker has been recording a daily turnover of INR 1,200 crore which is mainly from equity trading and a miniscule portion. The growth in number of customer is cent percent when compared quarter over quarter.


Demat services Charges
Depository Source CDSL
Account Opening Charges Rs.650
Demat AMC Charges Rs.400 per Annum
Trading AMC Charges Free
Margin Money Zero
Offline to Online No


Brokerage Charges
Equity Delivery Trading Rs.10
Equity Intraday Trading Rs.10
Commodity Options Trading NA
Equity Futures Trading Rs.10
Equity Options Trading Rs.10 per Lot
Currency Futures Trading Rs.10
Currency Options Trading Rs.10 per Lot
Minimum Brokerage Rs.10


Other Charges Zerodha
Transaction Charges 0.00325% of Total Turnover
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)


Trading Platforms                                          Features
5PAISA TRADE STATION 1. Multiple order types offering flexibility to the user.

2. Intraday as well as historical data available for technical and

fundamental analysis respectively.

3. Provision to invest in Mutual funds and Insurance segments.

4. Provides research tips and calls to make quick judgments.

5PAISA TRADER TERMINAL 1. Second Level Authentication brings in a high amount of security so

that users can transact and trade without any security breach


2. The application provides a consolidated view of user’s portfolio along

with access to all trade reports, charges & bills.

3. Interactive charting tool that provides real-time indications about the

market trends and behaviour

4. With Market-watch, users can get updates on Real-time accurate


5. Highly usable and easy to use user interface

6. Users can buy and sell using the same integrated window

5PAISA AUTO INVESTOR 1. 5Paisa Auto Investor is a web-based robo-advisory mechanism.

2. Users can provide their requirements for

return expectations, risk appetite, investment spread etc and based on

these preferences

3. Personalized recommendations on investment classes

along with capital segregation and return period are provided back to the


4. The angle of human error goes out of the

window and you can get recommendations based on data points.

5. Get your portfolio monitored for future movements.


Advantages Disadvantages
Low Brokerage Average Customer Service
Offers Research Tips and Calls Commodity Trading not allowed
Decent Trading Platforms  
Only Discount Broker that is

listed at NSE & BSE

Free Trading Education  

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