5Paisa Trading / Online Trading – Review, Process, Benefits, Charges & more

This Mumbai-based online brokerage firm 5Paisa is one of the fastest growing discount broker. In this article, we will know about 5Paisa Trading services & more. 5Paisa is a part of IIFL Group and to be precise it is the online broking division of IIFL.

The article will primarily discuss and analyze 5Paisa Online Trading facilities, brokerage charges charged by the firm and whether they are according to the market standards.

Then we will discuss the process of online trading and how it needs to be started and done and finally, we will take you through the trading platforms offered by the online brokerage house – 5Paisa.

5Paisa Offers


5Paisa Trading and Benefits

The list of benefits and features for 5Paisa Online Trading facilities and services is long enough. Thus, we are enumerating the most interesting and necessary features and benefits.

  • For 5Paisa Trading services, you need not pay hefty brokerage charges. The charges for all the segments whether equities or options or commodities are low. Since it is a discount brokerage house, the brokerage charges are supposed to be low and it is actually super low and thus, suits all kinds of investors and traders.
  • Being a discount brokerage house, it is not bound to provide any research calls or suggestions and tips for investments but it does. It offers research tips and calls if you ask for the same service. It has its own research and advisory department and thus, you get everyday market tips and also many other reports and review information on the market.
  • The trading platforms offered by the firm are one of the best in the industry at present. There are multiple trading platforms of 5Paisa which includes the Smallcase, Auto investor and others as well apart from the browser-based, terminal and mobile application.
  • The firm being an IIFL part renders education facilities as well in the field of the stock market. There are webinars and stock market-related courses which one can opt for and study
  • There are multiple subscription plans as per the need of the traders and investors. This helps them decide which one to choose. One can choose as per their investment budget and pocket.
  • There are no charges for using the trading platforms. These platforms can be used for no extra charges.

Open Trading Account with 5Paisa – Fill up the Form Now!

Fill Your Details Here
  1. Open Demat Account

5Paisa Trading Charges

5Paisa Charges
Transaction Charges0.00325% of Total Turnover
STT Charges0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesDepends on State (very minimal)
GST Charges18% of (Brokerage + Transaction Charges)

The 5Paisa Trading Charges are simple and very low compared to all the firms in the industry.

You can say, it has the lowest brokerage at present in the industry and none other firms have such low brokerage plans. Apart from the brokerage charges, the other mandatory charges include –

  • STT which is at 0.0126% and levied on the total turnover of the transaction
  • Transaction charges levied on the same – total turnover and the percentage is 0.00325%.
  • The SEBI Charges is at 0.0002% of the total transaction value and it is pre-decided by SEBI only
  • The GST charges are 18% which is charged on the total of Brokerage charges and transaction charges.
  • Finally, there are stamp duty charges which are very nominal and charged as per the state from the trading is taking place.

Find Online Trading Services of other Stock Brokers

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Nirmal Bang TradingSharekhan TradingHDFC Securities Trading
Upstox TradingIIFL TradingAxis Trading
SAMCO TradingMotilal Oswal TradingKotak Securities Trading

5Paisa Delivery Trading

5Paisa Delivery Charges
Equity DeliveryRs.20 per Trade

The 5Paisa Delivery Trading charges are Rs.20 per order or per trade. It means that you are required to pay Rs.10 for each of the orders that get executed.

5Paisa Intraday Trading

5Paisa Intraday Charges
Equity IntradayRs.20 per Trade

The 5Paisa Intraday Trading is also available at a price of Rs.20 per order. This doesn’t restrict a number of transactions or number of share units in one transaction.

You can trade as many as share units in one order and still pay the same Rs.20 for it. So, it is not dependable on the units of shares traded.

5Paisa Option Trading

5Paisa Option Charges
Equity OptionsRs.20 per Trade

Generally, the brokerage for the options is high but 5Paisa Option Trading charges are the same as the cash segment – Rs.10. Yes, you can trade any number of the lot in one order and pay Rs.20 for the same which is ultra-cheap brokerage charge.

5Paisa Futures Trading

5Paisa Futures Charges
Equity FuturesRs.20 per Trade

The 5Paisa Futures Trading is also available at Rs.20 and you can any trade number of a futures contract in one order.

5Paisa Currency Trading

5Paisa Currency Charges
Currency OptionRs.20 per Trade
Currency FuturesRs.20 per Trade

For 5Paisa Currency Trading – both futures and options are traded at Rs.20 per order. Yes, you can trade currency options and futures at the same price as Rs.20 like other segments.

5Paisa Commodity Trading

5Paisa Commodity Charges
Commodity TradingRs.20 per Trade

There are also 5Paisa Commodity Trading facilities available with this firm, and it will cost you just like the other types of trading, i.e. Rs.20 per trade.


Find Segment Trading Charges of other Brokers

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Fyers TradingSMC Global TradingYes Securities Trading
Alice Blue TradingEdelweiss TradingStandard Chartered Trading
Paytm Money TradingAditya Birla TradingSBI Trading

5Paisa Online Trading Process

The process to start 5Paisa Online Trading is as follows –

Account Opening

  1. The account opening procedure can be started on this page. You will find one button “open demat account” here for the Demat account opening with 5Paisa. Click on the same and an application form will pop-up.
  2. You would need to fill the form and then submit the same.
  3. Then you would be uploading the required documents for verification of your application and identity – it is the KYC process requirement.
  4. The documents which are required generally include the PAN, AADHAAR Card and a cancelled cheque and photograph.
  5. After the verification of your documents, you will receive the login details of your account.

Login

  1. Use the login credentials that you have received to log on to the site of the 5Paisa.
  2. You will find a range of trading platforms ranging from the 5Paisa Smallcase, Auto-investors, terminal software, and others.

Downloading and setting up trading platforms

  1. Once the downloaded software on the desktop or mobile.
  2. Then you need to create the market watchlist by adding the stock scrips that you want to track and trade.

Online Trading

  1. After you have analyzed the market and check the trends, click on the scrip which you want to trade. You will find all the details of the stock on the window that opens.
  2. There will be BUY or SELL option or you can directly click on BUY or SELL shares options and put the name of the share wants to be traded.
  3. Put the price at what you want to trade the share, the unit of shares you want to trade and other details required
  4. Click on place order.

5Paisa Online Trading Platforms

The 5Paisa Online Trading Platforms includes –

  • 5Paisa App is the Robo Advisory platform and also for trading and it is one of its kind and hardly you see something like this in the market at present. The platform is available on the mobile phone is a mobile application format and it is said by the 5Paisa executives that 70% of their trades are done on this application only. It helps you plan your investments really well.
  • 5Paisa Trade Station is the browser-based platform that has multiple order facilities, and you can put different orders to safeguard your trades. The platform is filled with historical data and research reports and other details both in the technical and fundamental space. There are research tips available on the platform which you can use for daily trading.
  • 5Paisa Trader Terminal has been one of a kind trading terminal which has a high level of securities to protect the transaction of the traders and investors. It has access to various research reports. There are multiple technical and analytical tools to predict the market and judge the market behavior.

Check out Online Trading Services of other Brokers

Profitmart TradingAnand Rathi TradingReliance Trading
SAS Online TradingChoice Broking TradingReligare Trading
Bonanza Portfolio TradingGeojit TradingTradebulls Trading
Indiabulls TradingNJ Wealth TradingVentura Trading

5Paisa Trading – Conclusion

5Paisa Online Trading offers a complete set of facilities that are ideal for online trading. There are multiple automated platforms for tips and advice for your investments.

The 5Paisa Trading services can be availed for such low brokerage charges which are kind of really low in front of the gamut of facilities it is offering.


Open Trading Account with 5Paisa – Fill up the Form Now!

Fill Your Details Here
  1. Open Demat Account

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