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This Mumbai-based online brokerage firm, 5Paisa, is one of the fastest-growing discount brokers. In this article, we will know about 5Paisa Trading services & more. It was started in 2016 and got listed in BSE and NSE in 2017.

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

Now, the best of services can be accessed just at your fingertips with the Best Trading Account in India offered by 5paisa.

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, options, or commodities, are low. Since it is a discount brokerage house, the brokerage charges are supposed to be below, and it is 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 research and advisory department, and thus, you get everyday market tips and 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, including the Smallcase, Auto investor, and others, apart from the browser-based, terminal, and mobile application.
  • The firm 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 needs 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.
  • With demat and trading account of 5paisa, you can invest in any type of security easily. Explore the account opening process of 5paisa with 5Paisa Review.

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    5Paisa Trading Charges

    Other Charges
    SEBI Turnover Charges0.00005% (Rs. 5/Crore)
    STTEquity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    *Equity Futures: 0.01% on Sell Side
    Equity Options: 0.05% on Sell Side(on Premium)
    Commodity Futures: 0.01% on sell side (Non-Agri)
    Commodity Options: 0.05% on sell side
    Currency F&O: No STT
    On Exercise transaction: 0.125%
    Right to entitlement: 0.05% on sell side
    Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges18% + GST
    Reactivation ChargesRs 20 per instruction
    Account Closure ChargesRs 25 per instruction
    Dematerialisation ChargesRs 30 per instruction
    Pledge CreationRs. 12.5 per scrip
    Pledge InvocationRs. 12.5 per scrip
    Margin Pledge/Unpledged/ Pledge closureRs. 12.5 per scrip
    Margin RepledgeRs. 12.5 + Rs. 12.5 (Rs. 25 per scrip)

    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 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 0.0005% of the total transaction value, and it is pre-decided by SEBI only.
    • The GST charges are 18% charged on the total of Brokerage charges and transaction charges.
    • Finally, there are stamp duty charges that are very nominal and charged as per the trading state.

    To know more in detail, also check 5Paisa Brokerage Charges.


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    5Paisa Delivery Trading

    5Paisa Delivery Charges
    Equity DeliveryRs.20 per Trade

    The 5Paisa Delivery Trading charges are Rs.20 per order or trade. It means that you must pay Rs.20 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 Rs.20 per order. This doesn’t restrict the number of transactions or the 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. 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.20. Yes, you can trade any number of the lot in one order and pay Rs.20 for the 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 use 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.


    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 out 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 required documents generally include the PAN, AADHAAR Card, and a canceled cheque and photograph.
    5. After verifying 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 is on the desktop or mobile.
    2. Then you need to create the market watchlist by adding the stock scrips you want to track and trade.

    Online Trading

    1. After analyzing the market and checking the trends, click on the scrip you want to trade. You will find all the stock details on the window that opens.
    2. There will be a BUY or SELL option, or you can directly click on BUY or SELL shares options and put the name of the share that 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 offers a Robo Advisory platform for trading, which is one of a kind, and it is something that you hardly see in the market at present. The platform is available on the mobile phone in mobile application format, and the 5Paisa executives say that 70% of their trades are done on this application only. It helps you to plan your investments efficiently.
    • 5Paisa Trade Station is a browser-based platform with multiple order facilities, and you can put different orders to safeguard your trades. The platform is filled with historical data, research reports, and other details 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 that has a high level of security 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.

    5Paisa Trading – Conclusion

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

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


    5Paisa intraday FAQ

    Here is the list of FAQs related to the 5Paisa Trading:

    Does 5Paisa provide Online Trading?

    5Paisa has been one of the most promising online brokers in the industry. 5Paisa is also known as the online brokerage division, and it does provide Online Trading.

    What are the Charges in 5Paisa?

    The trading charges at 5Paisa are – transaction charges that are 0.00325%, STT charges around 0.0126% of the total turnover, finally, the stamp duty charges that are very nominal and charged as per the state from which the particular trading is done.

    Do 5Paisa provide Delivery Trading?

    Equity delivery is a major component of trading and, most preferred, assists the delivery trade that happens when a trader buys or sells shares after keeping them in the account for a day or more. 5Paisa provides equity delivery service to their customers.

    Is delivery trading Free at 5Paisa?

    No, 5Paisa does not provide free delivery. The broker house charges an actual and flat price for equity delivery. The 5Paisa delivery charges are around Rs 20 per order.

    Do 5Paisa provide Option Trading?

    Option trading is a type of derivative security; if a trader chooses to buy an options contract, it gives them the luxury to buy or sell an underlying share at a set price. Equity options are a major part of the trading world, and thus, 5Paisa provides equity trading.

    What are Option Trading Charges at 5Paisa?

    The charges for the options segment at 5Paisa are the same as that of delivery; equity option charges are around Rs.20 per trade at 5Paisa. Traders can trade any number of the lot in one order and pay Rs.20 for the same, which is very cost-effective and economical.

    Do 5Paisa provide Futures Trading?

    5Paisa provides a one-stop solution to all their traders, and futures is one of those services that 5Paisa provides and grants their traders the lowest brokerage and beneficial returns on the trades.

    What is Futures brokerage at 5Paisa?

    As futures are financial derivative contracts that obligate a trader to transact a share at a specific date in the future date. That being essential, 5Paisa offers equity futures to have a brokerage that goes hand in hand with the trader’s expectations. At 5Paisa, the equity future brokerage charge is around Rs.20 per trade.

    Is 5Paisa safe for trading?

    5Paisa is one of those platforms that are immensely known for their efforts in making online trading safe and secure for their customers. At the 5Paisa clan, the firm’s security and trader benefits are primarily important.

    Do 5Paisa provide Trading Tips?

    Despite 5Paisa being a discount brokerage house, they undertake many client-related services; it provides clients with 5Paisa intraday tips and various market analyses to trade better in other segments.

    How do I trade with 5paisa?

    5paisa offers trading facilities to its customers through its website 5paisa.com or the trading application 5paisa mobile. Login to your account and go to watchlist. Search from the search bar, select the price and quantity. Place the order.

    Is 5paisa trusted?

    5paisa is a trusted entity regulated by SEBI and is registered with the Depository to deliver its services. Therefore, it falls under the regulations.

    Is delivery free in 5paisa?

    Yes, Delivery trading is free of charge in 5paisa. Investors can trade inequity in the delivery section, and no brokerage will be levied on it.

    What are the brokerage charges of 5Paisa?

    There is no brokerage on Equity delivery, and for the intraday, it charges Rs. 20 per order. Also, 5paisa does not charge any commission on Mutual Funds.

    How do I withdraw money from 5Paisa?

    Withdrawing money from your 5paisa account to your bank account is a very simple process—login to your account on the website with your ID password. After logging in, Go to the payout button, fill in the amount you want to withdraw, and submit your request. The money will be credited to your account.

    Is 5Paisa legal in India?

    5paisa is an Indian entity led by Prakarsh Gagdani as the CEO. It is registered under Indian Law, and hence it is a legal company in India.

    How does 5Paisa make money?

    5paisa charges brokerage and fees for the services it provides. These brokerages and fees are charged on the trades or in Annual Maintenance Charges.

    How do I start 5Paisa?

    You can easily open an account with 5paisa from its website. It is easy to open an account with 5paisa to trade and invest in securities very quickly. You will need to submit an account opening request supported by necessary documents. The entity will verify your specifications, and once it is approved, the representative will open your account.

    Who is the owner of 5Paisa?

    Prakarsh Gagdani is the CEO of 5paisa.

    What is 5Paisa investing in Google pay?

    5paisa has a Google Pay integration in place, allowing investors to make payments and utilize some other services offered by 5paisa from the Google Pay app itself.

    How long does it take to activate a 5Paisa account?

    If the application is made through online mode, it will barely take 1 to 4 hours to activate your 5paisa account. Otherwise, it will take two working to activate your account to the maximum.

    Can I delete my 5Paisa account?

    Yes, a customer can close and delete the five paisa accounts. Investors have to request the paper format from the representative. You can email support@5paisa.com and request the account closure form.

    Which is the best trading platform in India?

    Some of the best trading platforms in India are Zerodha Kite, Upstox Pro, FYERS ONE, Sharekhan Trade Tiger, Angel Broking Speed Pro, Trade Station, Trade Eye, etc.

    How do I freeze my 5Paisa account?

    You can request freezing of your 5paisa account by submitting a Freeze Account request form.

    How many Demat accounts can I have?

    There are no restrictions on having multiple Demat accounts. So, an investor can have different Demat accounts with different depository participants.


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