5 Paisa Review

● 5 paisa was incorporated in 2007 as a public figure. It is owned subsidiary of IIFL Holdings Ltd .

● A SEBI approved online discount broker .In 2016 it is relaunched by IIFL as a independent online Discount Broker. It is a mumbai based Broker.

● India Infoline was incorporated in 1995, It is a group of who provides wide range of financial products and services .

● There are over than 1000 branches all over the India .

5 Paisa offers Online trading in stock, Futures & Options and Currencies at NSE and BSE. Online Mutual Funds, ETFs and Bonds. And Online Insurances for Car, Health and Term insurance .

Type of Accounts

5 paisa offers 2 types of accounts

1. Share Trading Account:-
● It offers very simple and affordable brokerage plans to their clients to do trading.

● At 5 paisa, Clients can trade in any segments for a flat rate of Rs 10 per executed order, irrespective of the size of the order.

● Quit and far better to having account with traditional brokers because, If we talk about traditional broking firms they charge heavy and large amount of brokerage from the clients on the basis of their everyday trading turnover.

2. Mutual Fund Account :-● It allow clients to have a own individual unique mutual fund investment account.

It also offers Systematic Investment Plans (SIP), an automatic periodic investment option in stock market though mutual funds.

● Client can open only mutual fund investment account for free of cost.

5paisa Robo Advisory

● It is different level of advance service that reduce human efforts and headache of ask and tell things regarding investment in stock market. It is an automated investor advisory system that provides all the advisory solution of financial investment .5 Paisa robo advisory is low cost, automated, simple and handy investment advisory platform to its customers.

● 5 paisa Robo advisory platform provides advisory for the mutual funds and insurance products and services.

Brokrage Charges

5 paisa offers 2 in 1 account for investment and trading in stock market and Mutual funds. 5 paisa charge Rs. 10 per executed order for Stock Intra-day Trades, Stock Cash Delivery Based Trade, Stock F&O Trades and Currency F&O Trades.

● Equity Delivery Based Trades: Rs. 10 per executed order (buy and sell are considered as 2 orders)

● Equity Intraday Trades: Rs. 10 per executed order (buy and sell are considered as 2 orders)

● Equity Future:Rs. 10 per executed order (buy and sell are considered as 2 orders)

● Equity Options: Rs. 10 per executed order (buy and sell are considered as 2 orders))

● Currency Futures: Rs. 10 per executed order (buy and sell are considered as 2 orders)

● Currency Options: Rs. 10 per executed order (buy and sell are considered as 2 orders)

Trading Margin

● Intraday Trading - 5Paisa offers up to 12 times Margin.

● Equity Delivery Trading - up to 3.5 times Margin for equity delivery trading.

● Futures Intraday Trading -

  • ● Equity & Index futures - 2 times margin (Order squared off at 3:20pm)
  • ● Currency futures - 1 times margin (Order squared off at 4.30pm)

● Delivery - Doesn't offer any exposure in futures delivery trading.

● Options Intraday or delivery Trading - Doesn't offer any margin for Options Trading.

Trading Platforms

● 5 paisa trading platforms are directly associated from IIFL trading platforms. Trading terminals of 5 Paisa are less bucky that can easily operated on mobile, tabes , laptops and Desktops with the basic internet connection. Mobile app of trader terminals can easily download from google play stores.

● It offers mobile trading App, Web browser trading App and Desktop Trading App for his client with all advance trading tool and shortcuts that make their time useful for investment and trading.

Advantages & Disadvantages to having account with 5 paisa


🙂 IIFL is parenting firm that serving india from 2 decades.

🙂 Cheap Brokerage plan

🙂 Provide Research and Tips


🙁 It offer only 2 in 1 account, Commodity traders have not found any place at 5 paisa.

🙁 Trading terminals are advance but not fully, there are still some advance tools that makes it more helpful for the users.

🙁 Trade @ call is available but it charge Rs.100/- for every call.Not suitable for those who places number of trades in a day.

🙁 Exchange transaction charges are very high as comparison of available Discount brokers.

Open an account with 5 Paisa