5paisa
5paisa Review
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5paisa is a financial services company with a focus on “discount broking” services, providing financial products through an online technology platform and mobile application and also allow us to trade in the capital market, futures & options and currency derivatives segments of BSE and NSE. 5paisa is a depository participant of CDSL and also a trading cum clearing member of BSE and NSE and also allows distribute mutual funds and IPO products and is also registered as a research analyst.
5paisa is a technology-driven company having primarily an online presence, providing services through a DIY (do-it-yourself) model and charge a flat brokerage fee of ₹ 10 per order for all transactions instead of differential brokerage.
5paisa offer completely paperless account opening, advanced technological solutions and robo-advisory services etc. With a robust trading platform, advanced mobile application and an artificial intelligence powered robo-advisory platform.
Products and Features
- Trading Platform
5Paisa trading platform for all types of investors in which they provide equity and currency broking services at a very low price. Their services are targeted at high-volume traders and novice trader and investor by providing research tips and actively invest and trade in securities markets and seek DIY (do-it-yourself) services at a low cost.
- Mutual Fund Investment distribution Platform
5paisa mutual fund platform allows clients to subscribe to a host of mutual fund products offered by various asset management companies and can avail the services of our robot advisory tool to help them select mutual fund products based on their risk profile and goals.
- Research Services
5paisa is a SEBI registered research analyst and also offer advisory services to our clients through the research undertaken by a team of research analysts. The discount broker usually doesn’t provide Advisory services.
- Educational Platform
In order to educate prospective investors, 5paisa have started an educational series i.e. “5P School”. Through 5P school, they provide basic education to customers in simple and easy to understand language about various concepts of capital markets. We have four modules with 13 courses and 64 chapters explaining concepts pertaining to equity, derivative, technical analysis, fundamental analysis and mutual funds. To make the entire learning experience more effective we have also added short learning videos.
Account Offered
5paisa a member of BSE and NSE for stock, derivative, and currency segments with more than 100,000 customers registered. 5pasia provide a trading platform for the capital market, futures & options and currency derivatives segments of NSE and BSE. 5paisa offer discount broking services to clients through an online technology platform and mobile application at a low-cost Rs. 10 per order. Clients can avail our online trading facilities through the website at www.5paisa.com and a mobile application named “5paisa Trading and Robo-Advisory”. 5paisa broking services are based on a DIY (do-it-yourself) model, which is supported with call and trade facility to enable our clients to trade over a phone call.
- Equity
- Derivative
- Currency
- Mutual Fund Investment
Margin/Exposure
5paisa provide margin for intraday as a multiplier of your collateral trading capital.
- 5Paisa Exposure for Equity Intraday Trading – 5Paisa provides margin up to 20 times.
- 5Paisa Exposure for Equity Delivery Trading – 5Paisa provide up to 3 times leverage for equity delivery trading.
- 5Paisa Margin For Futures Intraday Trading –
- Equity & Index futures – 3 times margin (Order squared off at 3:20pm)
- Currency futures – 1 time margin (Order squared off at 4.30pm)
- 5Paisa Exposure Options Intraday Trading
- Options long: 1x
- Options short: 3x
Equity intraday multipliers
| Approve Category | Revised Intraday buy exposure | Revised Intraday sell exposure |
| E | 20 x | 20 x |
| A | 12 x | 12 x |
| B | 6 x | 3 x |
| C | 3 x | 2 x |
| D | 1 x | 1 x |
Derivatives intraday magin multiplier
| Derivatives | Revised Intraday exposure |
| Futures | 3 x |
| Options long | 1 x |
| Options short | 3 x |
Account Opening Plan
1. Basic Plan :-
- For individual account opening charges are Rs. 650/- If want Rs. 650/ refund then
need to deposit Rs. 50,000/- margin( as Cash or Stock ) within 10 days after account
activation. And this amount needs to maintain for 1 month and 1 trade is compulsory.
Then after 1 month Rs. 650/- will refund in ledger account. - or corporate or HUF account opening charges are Rs. 1250/-. If want Rs. 1250/
refund then need to deposit Rs. 1,00,000/- margin( as Cash or Stock ) within 10 days after
account activation. And this amount needs to maintain for 1 month and 1 trade is
compulsory. Then after 1 month Rs. 1250/- will refund in ledger account.
- For individual account opening charges are Rs. 650/- If want Rs. 650/ refund then
Basic Plan Benefit:-
- Provide regular update regarding market scenarios.
- Account opening Fees Rs. 650/- Or Rs.1250/- ( Including Account opening fees + first-year Annual maintenance charge.
2. Market Smith India ( Smart Investor ) Rs.4999 +18% GST= Rs. 5899/- :-
While account opening if client going with smart investor then Rs. 650/- or Rs. 1250/-
will be waived off.
Model Portfolio: It is a list of stocks hand picked by a dedicated team of experienced Research Analysts.
Idea List: It’s an algorithmically generated list of top growth stocks having strong fundamentals and sound base patterns.
Stock Evaluation: The evaluation view provides a stock chart with pattern recognition, proprietary ratings for the stocks. This view efficiently combines key stock information you need to validate your decision to buy or sell or to commit to further research.
Market Outlook: It offers regular commentary on overall Indian market conditions. It clarifies whether the current market environment is helping or hurting growth stocks.
Account Opening Charges Waiver Scheme: To avail, this Scheme Customer needs to provide Initial Margin of a minimum amount of 50,000 or above in Trading account to get back the account opening charge amounting Rs. 550. No payout (cash withdrawal) or transfer allowed for 30 days from the date of Initial Margin Deposit. You have to do at least 1 trade within 30 days from the date of A/c opening.
5pasia Account Opening Form (Sign-Up/Arrange a Callback)
Required document for account opening
You need to keep handy these documents handy when you will start filling up the form after filling contact details.
- Photograph
- Pan Card
- Adhaar Card ( Front And
Back ) - Bank Proof – Personalize
Cancelled Cheque Or Passbook or Latest bank statement ( IFSC and MICR code required ) - Income proof for
Derivatives:- (ITR/ latest 1-month Salary Slip/ 6 months Bank statement with IFSC and MICR code /Form 16/ Demat account holding statement) – Self-attested and applicable for future and options only. - Specimen Signature (As
per pan card on a white blank page)
Brokerage & Charges
- 5paisa DEMAT & TRADING ACCOUNT OPENING CHARGES- Rs.650/- (One-Time)
- ACCOUNT Maintenance Charges AMC (Yearly) for Non-Individual- Yearly Rs.400/- + 18% GST
Brokerages
- Equity Intraday Brokerage: Rs. 10 per executed order (buy and sell are considered as 2 orders)
- Equity Cash Delivery Brokerage: Rs. 10 per executed order
- Derivatives F&O Brokerage: Rs. 10 per executed order
- Currency F&O Brokerage: Rs. 10 per executed order
Specification: 5paisa
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