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5Paisa

Brand : 5Paisa Capital Ltd

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5Paisa is a leading digital platform that provides a full range of financial services, from stock trading, mutual funds, life insurance, loan, and more. ...Read more

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5Paisa Software Pricing, Features & Reviews

What is 5Paisa?

5Paisa is a leading Indian online discount brokerage firm that provides a full range of financial services through its website and mobile application. It offers trading in various financial instruments such as equities, derivatives, mutual funds, and currencies.

Known for its low brokerage charges and user-friendly platform, 5Paisa also provides a wide range of research, trading and investment tools to help traders and investors make informed decisions. It is India's first and only digital financial services provider that offers a comprehensive suite of products and services to customers. The company is owned by IIFL (India Infoline) and is backed by the Tata Group, making it a trusted platform used by millions of customers across the country.

Key Functionalities of 5Paisa

  • Stock Trading: The stock trading app offers a comprehensive suite of services. It provides real-time quotes, access to over 1,500 stocks and mutual funds, and various advanced trading tools and strategies.
  • Mutual Funds: The fintech platform provides access to a wide range of mutual funds from leading fund houses. It offers a unique 'Smartwala' feature that helps customers create a personalized portfolio based on their risk appetite.
  • Life Insurance: Online trading portal provides a wide range of life insurance products from leading insurers. Customers can choose from various term plans, endowment plans, ULIPs, and more.
  • Loans: The stock market trading app provides access to many personal, home, business, and other loans. The platform also offers an easy and hassle-free application process.
  • Investment Advisory: The online trading platform provides personalized investment advice to customers. This includes portfolio recommendations, insights into stock markets, and more.

Benefits of Using 5Paisa Trading Platform

  • Convenience: The fintech platform provides a convenient and hassle-free platform to access various financial services. Customers can access stock trading, mutual funds, life insurance, and more from their homes.
  • Easy Registration: The software provides an easy registration process. All customers need to do is fill out a few details, and they can get started.
  • Low Costs: The online trading portal offers some of the most competitive charges in the industry. This helps customers to save on costs and get better returns.
  • Security: It provides a secure platform to access financial services. It uses advanced encryption technology and follows strict security protocols to protect customer data.
  • Advanced Features: The online trading platform provides a range of advanced features and tools for customers. This includes real-time quotes, personalized portfolios, advanced trading tools, and more.

How do 5Paisa's brokerage fees compare to other online discount brokerage firms in India?

5paisa offers a flat rate of Rs. 10 per trade for equity delivery trades, regardless of the trade value. For intraday and derivatives trades, it charges a flat rate of Rs. 20 per trade. This is significantly lower than the brokerage fees charged by many of its competitors. However, it's important to note that other fees such as account opening and annual maintenance charges, and GST may apply.

What are 5paisa Demat Account Charges?

  • 5Paisa charges a one-time account opening fee of Rs.300 + GST for opening a Demat account.
  • Annual maintenance charges (AMC) of the Demat account is Rs.300 + GST per annum, which is charged on a pro-rata basis, starting from the date of account opening.
  • 5Paisa also charges a quarterly transaction statement fee of Rs.30 + GST per statement.
  • 5Paisa also charges for other services such as pledges, lien, rematerialization, dematerialization, and other related services.

It's always good to check with the firm for the latest charges as brokerage firms are known to change their charges from time to time.

5Paisa Pricing & Plans

5Paisa price is available on request

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5Paisa Features

Core Features

  • icon_check Portfolio Management Track investments and assess performance effectively.
  • icon_check Market Data Real-time stock prices and market trends for informed trading decisions.
  • icon_check Watchlist Customizable list of securities for easy monitoring of price movements.
  • icon_check Charting Tools Visual tools to analyze price movements and trends using various chart types.
  • icon_check Order Control Manage and modify trades efficiently to align with trading strategies.
  • icon_check Order Execution Complete trades by placing, modifying, and canceling orders.

Order Execution

  • icon_check Limit Order Buy/sell at a specified price or better for control over trade execution.
  • icon_check Market Order Immediate buy/sell at current market price prioritizing speed.
  • icon_check Stop (Loss) Order Sell when the price hits a certain level to limit losses.
  • icon_check Stop Limit Orders Triggers a limit order once a specified stop price is reached.
  • icon_check Trailing Stop Order Adjusts the stop price with favorable market movement for profit protection.

Research and Analysis

  • icon_check Technical Analysis Use price movements and volume data to predict future price trends.
  • icon_check Fundamental Analysis Evaluate a security's value by analyzing financial data and economic factors.
  • icon_check Pattern Recognition Identify significant historical price patterns for future forecasting.
  • icon_check Backtesting and Optimization Test strategies against historical data to assess effectiveness.
  • icon_check Scanning Tools Filter stocks based on specific criteria to spot trading opportunities.
  • icon_check Smart drawing tools Annotate charts with trend lines and levels for better analysis.

Trading Options

  • icon_check Stock SIP Allows for systematic investment in stocks over time to build a portfolio gradually.
  • icon_check Mutual Funds Invest in professionally managed portfolios for diversified exposure.
  • icon_check Paper Trading Simulate trading without real money to test strategies.
  • icon_check Intraday Trading Buy/sell securities within the same trading day for short-term gains.
  • icon_check Algorithm Trading Automate trading strategies for faster execution without emotional bias.
  • icon_check Options Trading Buy/sell options contracts for strategic market exposure.
  • icon_check Futures Trading Trade contracts obligate the purchase/sale of an asset at a future date.
  • icon_check Forex Trading Trade currency pairs to profit from exchange rate fluctuations.
  • icon_check Crypto Trading Trade cryptocurrencies to benefit from market volatility.
  • icon_check Automatic Trading Execute trades automatically based on set criteria.
  • icon_check Margin Trading (MTF) Borrow funds to trade larger positions than account balance allows.

Reporting & Analytics

  • icon_check Dashboards Visual summaries of key performance metrics for quick assessments.
  • icon_check P&L Report Summarize profits and losses over a specified period.
  • icon_check Contract Note Document detailing trade specifics, including prices and fees.
  • icon_check Financial Transaction Report (CashLedger) Track cash inflows and outflows in the trading account.
  • icon_check Automated Reports Generate regular reports on trading activity and performance automatically.
  • icon_check Report Customization Tailor reports to meet specific user requirements for relevance.

Account Management

  • icon_check Multi-Factor Authentication (MFA) Enhance security with multiple verification methods.
  • icon_check Demat Account Creation Facilitate the opening of electronic securities accounts.
  • icon_check Platform Migration Assist in transferring accounts or data from one platform to another.
  • icon_check Customizable User Interface Personalize trading environments for ease of use.

Integrations

  • icon_check API Integration Connect third-party apps to enhance platform functionality.
  • icon_check Financial Tools Integration Incorporate various financial analysis tools for improved insights.

Alerts & Notification

  • icon_check Price Alert Notifications when securities hit specified price points.
  • icon_check Real Time Market Updates Instant notifications on significant market changes and events.
  • icon_check News Alerts Updates on news events that could impact markets.
  • icon_check Volume Alerts Alerts for unusual trading volumes in securities.

5Paisa Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Language:
  • Integration Supported:
  • Windows iOS Android
  • DesktopMobileTabletiPad
  • Web-Based
  • Stock Market
  • Stock Market, Trading
  • Small Business, Startups, Medium Business, SMBs, SMEs
  • Phone, Email, Forums
  • English

5Paisa Review

86%

Have recommended this product

Overall Score

4.3/5
Based on 1 Review

Review this product

Your valuable feedback helps others like you make a better decision.

7

733,

Verified reviewer:linkedin_verify

Network Administrator, Cyber Security

2-100 Employees

Reviewed on: Jul 15, 2024

4.7/5

“Fantastic Experience with 5 paisa”

I had a fantastic experience with 5paisa. The platform is user-friendly, and their customer service is excellent. Highly recommend for seamless trading!

Pros :

Cons :

Reason to switch : The product (5paisa) helps me perform my tasks efficiently with its user-friendly interface and comprehensive trading tools. Affordable fees and reliable customer support enhance my experience.

Features

4/5

Value for Money

5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

10/10

5Paisa Capital Ltd Company Details

Brand Name 5Paisa Capital Ltd
Information 5Paisa is helping people digitally to trade in stock marketing software.
Founded Year 2016
Director/Founders Prakarsh Gagdani
Company Size 1-100 Employees

5Paisa FAQ

A 5Paisa is compatible with Android, iOS, Windows and Mac operating systems.
A 5Paisa app is available for Android and iOS devices.
A 5Paisa supports web-based deployment type.
A 5Paisa pricing is available on request at techjockey.com.
A 5Paisa is typically used by day traders or anyone who deals with buying and selling of stocks.
A 5Paisa demo is available for free with techjockey.com.
A 5Paisa offers a free trial. However, the premium plan with advanced features is available at techjockey.com with exciting deals.
A 5Paisa installation is not required, as it is web-based. Just open the Setup Wizard to get started.
A 5Paisa is good and absolutely safe for trading. It is known for its research and advisory services as well as low brokerage plans.
A Yes, it is possible to withdraw funds from your 5Paisa account to your bank account. However, pay out of funds is not allowed on the day pay in is done.
A While both the brokers offer similar services like trading in equity, Demat account with CDSL etc, 5Paisa also offers research and advisory services (at additional cost) which Zerodha doesn’t.
A 5paisa offers a flat rate of Rs. 10 per trade for equity delivery trades, regardless of the trade value. For intraday and derivatives trades, it charges a flat rate of Rs. 20 per trade.
A 5Paisa offers trading in various financial instruments such as equities, derivatives, mutual funds, and currencies.
A 5Paisa offers a wide range of mutual funds from various AMCs across various categories like Equity, Debt, Hybrid and also offers trading in currency derivatives, which allows you to trade in currency pairs such as USD/INR, EUR/INR, and GBP/INR.

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