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5 Paisa Stock Trading, Demat, Brokerage and Reviews 2023

5 Paisa Image is India’s premier online stockbroker providing discount brokerage services at competitive rates to retail investors in India. 5paisa Capital Ltd, formed under IIFL founders’ direction and operated as an independently traded public limited company since October 2017, boasts more than one million clientele as of March 2021.
5paisa online trading provides equity, commodity and currency trading at BSE, NSE and MCX exchanges at competitive flat rate discounts – charging only 20 Rs in brokerage regardless of size, segment or exchange of trade.

5Paisa offers three subscription plans; Basic Pack, Power Investor Pack and Ultra Trader Pack – with benefits ranging from Zero Account Opening Charges and reduced Flat Fee (from Rs 20 down to Rs 10).

5paisa Mutual Funds’ offering encompasses both Regular and Direct Mutual Funds; online orders cost just Rs 10 for investment purposes, making investing simpler than ever whether investing as a lump sum or through SIP.

A 5paisa demat account can be opened through its Depository Participant membership with CDSL and was recently honoured by CDSL with Premier Depository Participant status in March 2019.

5paisa’s trading platform comprises Mobile Trading App, Trading Website and Installable Trading Terminal, all built using cutting edge technologies for optimal use of mobile technology in financial services.

How is 5paisa different from other online brokers?

5paisa provides investors with all kinds of financial investment products at one convenient place, which makes us the go-to place. Here’s why 5paisa stands out among investors:

  • 5paisa offers one of the lowest order execution charges: Rs 20 per order completed (which drops down to just Rs 10 when combined with our value add packs), making us amongst the cheapest options in this space.
  • Research Ideas: 5paisa is the only discount broker offering comprehensive research on over 4,000 companies, providing both short- and long-term calls as well as derivative strategies as well as portfolio-based investment ideas.
  • Margin Funding: 5paisa offers customers margin trade funding services where only part of the delivery amount purchased in cash segment needs to be paid in advance; any outstanding amount is funded by 5paisa at an agreed daily fee rate of 0.06 percent per day.
  • Multi-Product App: 5paisa offers more than just trading apps – it’s your one-stop-shop for investing products such as gold, P2P lending, insurances, mutual funds and US investments!
  • Analytics Services: 5paisa provides Portfolio Analyzer as an independent way of reviewing the performance of your portfolio on its own and honing its investment strategy.
  • Value-add packs: With value-add packs, the first 100 trades per month can be executed free of charge while thereafter an executed order fee (50% discount) applies for all segments.

Account Types

1. 5paisa Trading & Demat Account

5paisa is India’s fast growing discount broker offering investing and trading services across stocks, derivatives (F&O) and currency. As members of both BSE and NSE markets, 5paisa’s trading account benefits from over two decades’ of expertise from IIFL in retail broking industry development.

5paisa provides trading services under an attractive brokerage plan designed for ease of use, offering trading across segments for just Rs 20/order in its Optimum Plan or Rs 10/order under its Platinum Plan, or Free Equity Delivery with their Titanium Plan subscription – up to 90% savings over traditional brokers who charge brokerage fees as a percentage of total turnover turnover.

5paisa Trading Account can easily integrate with their other offerings such as mutual funds, ETF, bonds and insurance products.

2. Mutual Fund Account

5paisa offers online Mutual Fund Investment Accounts at no charge to its users, making investing easier for investors of all backgrounds. Furthermore, 5paisa also provides Systematic Investment Plans (SIPs), an automatic periodic investing option within mutual funds on stock market platforms.
Auto Investor is an accessible free of cost tool available to its customers that assists with online fund advisory services, helping select funds based on risk profile and return expectations.

5Paisa subscription plans

5Paisa offers three subscription plans – Basic, Power Investor and UltraTrader Plan. New customers may subscribe while opening an account while existing ones can subscribe using the 5Paisa website or mobile application.

5paisa Brokerage Plans 2023

Basic Pack Power Investor Pack UltraTrader Pack
Account Opening FeeFreeFreeFree
Brokerage Rs 20 per order Rs 10 per order Rs 10 per order
Call & TradeRs 100 per callRs 100 per callFree
Demat AMC Rs 25 per month Rs 25 per month Rs 25 per month
DP Transaction Charges Rs 12.5 per scrip (sell side)FreeFree
Fund Transfer Charges Net Banking: Rs 10, UPI: Free and IMPS: Free Net Banking: Rs 10, UPI: Free and IMPS: FreeFree
Direct MF Investment Charges Rs 20FreeFree
Research Advisory Not AvailableFreeFree
Free TradesNANA Free 100 trades per month maximum of Rs 1000
Dedicated Customer Support NAFreeAvailable

5paisa Charges 2023

5paisa Account Opening Charges & AMC

Trading Account Opening Charges (One Time) Rs 0 (Free)
Trading Annual Maintenance Charges (AMC) Rs 0 (Free)
Demat Account Opening Charges (One Time) Rs 0
Demat Account Maintenance Charges (AMC) Rs 300 yearly (charged as Rs 25 per month)

5Paisa Trading Brokerage Charges

Segment Brokerage Fee
Equity Intra-day Rs 20 per trade
Equity Delivery Rs 20 per trade
Equity Futures Rs 20 per trade
Equity Options Rs 20 per trade
Commodity Futures Rs 20 per trade
Commodity Options Rs 20 per trade
Currency Futures Rs 20 per trade
Currency Options Rs 20 per trade

5paisa Online Account Opening

5paisa Trading App Feature

5paisa’s Trading Platform is built upon IIFL’s well-used trading platform which has been utilised by thousands of customers over two decades. 5paisa makes their platform available via mobile apps, web browsing and an install-able desktop trading application (Exe).

  1. 5paisa Mobile App

    The 5paisa mobile trading app makes trading at BSE/NSE and Robo Advisory accessible anytime, from anywhere – simply download it free on Google or Apple App stores to use this user-friendly application for buying stocks, trading futures & options, mutual funds investments or bonds etc.

  2. 5paisa Web Trading (

    5paisa offers an intuitive trading website ( accessible via any web browser on computer, laptop, mobile devices and tablets – the 5paisa Trader Station provides all trading and investment solutions within one platform.
    Our web based trading platform is seamlessly connected with payment gateways and banks for instant fund transfers.

  3. 5paisa Trade Terminal

    The 5paisa Trading Terminal was specifically created for frequent traders that need advanced trading tools. This desktop application offers real time data as well as advance charts of both intraday and historic stock prices for easy trading.

5paisa Pros and Cons

5paisa offers many advantages that should help investors determine if it fits with their investment requirements. Before opening an account with 5paisa, read up on its advantages and disadvantages carefully so you know whether its pros and cons suit you or not.



Frequently Asked Questions

Can I trust 5 paisa?

5paisa is an efficient, trustworthy discount broker listed on both NSE & BSE exchanges backed by IIFL Group Promoters for safe trading services at competitive rates.

Is 5paisa genuine or not?

5paisa Capital Ltd, founded and promoted by IIFL founders, currently boasts more than 1.2 million clients as of March 2021 and provides online trading in equity, commodity and currency at BSE, NSE and MCX with discounted commission rates offered on BSE/NSE/MCX exchanges for flat fee stockbroking accounts.

Is 5 paisa a trusted app?

5paisa is one of the leading names in the discount broking industry. Recognised for their low brokerage plans and superior online trading software as well as advisory and research services. Over 1.5 lakh retail customers entrust 5paisa as they trade on SEBI, CDSL, BSE, NSE MCX NCDEX exchanges respectively.

Which is better, Zerodha or 5 paisa?

5paisa earned a rating of 2.5/5 after customer reviews from 94 customers while Zerodha's customer satisfaction score stood at 3.7 of 5.

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