linkedin
5Paisa logo
play 5paisa demo
5Paisa demat account
5Paisa mutal funds

5Paisa

Brand: 5Paisa Capital Ltd

  • 4.3

  • 7 Ratings & 2 Reviews

5Paisa is a leading digital platform that provides a full range of financial services, from stock trading, mutual funds, life insurance, loan, and more.

See More

Have you used 5Paisa before?

Share your insights for better experience

Add a Review

Price Available on Request

Questions about pricing or customization? We’re here to help, just a click away.

100% Genuine
Products
Best Price
Guaranteed
Safe & Secure
Payment
  • Description

  • Pricing

  • Features

  • Specification

  • Review

  • Compare

  • Alternatives

  • FAQ

5Paisa Software Overview

What is 5Paisa?

5Paisa is a leading Indian online discount brokerage firm that provides a full range of financial services through its website and mobile application. It offers trading in various financial instruments such as equities, derivatives, mutual funds, and currencies.

Known for its low brokerage charges and user-friendly platform, 5Paisa also provides a wide range of research, trading and investment tools to help traders and investors make informed decisions. It is India's first and only digital financial services provider that offers a comprehensive suite of products and services to customers. The company is owned by IIFL (India Infoline) and is backed by the Tata Group, making it a trusted platform used by millions of customers across the country.

Key Functionalities of 5Paisa

  • Stock Trading: The stock trading app offers a comprehensive suite of services. It provides real-time quotes, access to over 1,500 stocks and mutual funds, and various advanced trading tools and strategies.
  • Mutual Funds: The fintech platform provides access to a wide range of mutual funds from leading fund houses. It offers a unique 'Smartwala' feature that helps customers create a personalized portfolio based on their risk appetite.
  • Life Insurance: Online trading portal provides a wide range of life insurance products from leading insurers. Customers can choose from various term plans, endowment plans, ULIPs, and more.
  • Loans: The stock market trading app provides access to many personal, home, business, and other loans. The platform also offers an easy and hassle-free application process.
  • Investment Advisory: The online trading platform provides personalized investment advice to customers. This includes portfolio recommendations, insights into stock markets, and more.

Benefits of Using 5Paisa Trading Platform

  • Convenience: The fintech platform provides a convenient and hassle-free platform to access various financial services. Customers can access stock trading, mutual funds, life insurance, and more from their homes.
  • Easy Registration: The software provides an easy registration process. All customers need to do is fill out a few details, and they can get started.
  • Low Costs: The online trading portal offers some of the most competitive charges in the industry. This helps customers to save on costs and get better returns.
  • Security: It provides a secure platform to access financial services. It uses advanced encryption technology and follows strict security protocols to protect customer data.
  • Advanced Features: The online trading platform provides a range of advanced features and tools for customers. This includes real-time quotes, personalized portfolios, advanced trading tools, and more.

How do 5Paisa's brokerage fees compare to other online discount brokerage firms in India?

5paisa offers a flat rate of Rs. 10 per trade for equity delivery trades, regardless of the trade value. For intraday and derivatives trades, it charges a flat rate of Rs. 20 per trade. This is significantly lower than the brokerage fees charged by many of its competitors. However, it's important to note that other fees such as account opening and annual maintenance charges, and GST may apply.

What are 5paisa Demat Account Charges?

  • 5Paisa charges a one-time account opening fee of Rs.300 + GST for opening a Demat account.
  • Annual maintenance charges (AMC) of the Demat account is Rs.300 + GST per annum, which is charged on a pro-rata basis, starting from the date of account opening.
  • 5Paisa also charges a quarterly transaction statement fee of Rs.30 + GST per statement.
  • 5Paisa also charges for other services such as pledges, lien, rematerialization, dematerialization, and other related services.

It's always good to check with the firm for the latest charges as brokerage firms are known to change their charges from time to time.

Read more

5Paisa Capital Ltd Company Details

Founded Year:  2016

5Paisa is helping people digitally to trade in stock marketing software.

Director/Founders Prakarsh Gagdani
Company Size 1-100 Employees

5Paisa Pricing & Plans

Looking for The Right Pricing?

Share your requirements and get a plan built around your business.

  • Define your business needs
  • Get customised pricing
  • Choose features that fit your workflow

Price Available on Request

Get personalised 5Paisa pricing that fits your needs. Our team will connect with you.

5Paisa Features

Core Features

  • icon_check Portfolio Management
    Track investments and assess performance effectively.
  • icon_check Market Data
    Real-time stock prices and market trends for informed trading decisions.
  • icon_check Watchlist
    Customizable list of securities for easy monitoring of price movements.
  • icon_check Charting Tools
    Visual tools to analyze price movements and trends using various chart types.
  • icon_check Order Control
    Manage and modify trades efficiently to align with trading strategies.
  • icon_check Order Execution
    Complete trades by placing, modifying, and canceling orders.

Order Execution

  • icon_check Limit Order
    Buy/sell at a specified price or better for control over trade execution.
  • icon_check Market Order
    Immediate buy/sell at current market price prioritizing speed.
  • icon_check Stop (Loss) Order
    Sell when the price hits a certain level to limit losses.
  • icon_check Stop Limit Orders
    Triggers a limit order once a specified stop price is reached.
  • icon_check Trailing Stop Order
    Adjusts the stop price with favorable market movement for profit protection.

Research and Analysis

  • icon_check Technical Analysis
    Use price movements and volume data to predict future price trends.
  • icon_check Fundamental Analysis
    Evaluate a security's value by analyzing financial data and economic factors.
  • icon_check Pattern Recognition
    Identify significant historical price patterns for future forecasting.
  • icon_check Backtesting and Optimization
    Test strategies against historical data to assess effectiveness.
  • icon_check Scanning Tools
    Filter stocks based on specific criteria to spot trading opportunities.
  • icon_check Smart drawing tools
    Annotate charts with trend lines and levels for better analysis.

Trading Options

  • icon_check Mutual Funds
    Invest in professionally managed portfolios for diversified exposure.
  • icon_check Paper Trading
    Simulate trading without real money to test strategies.
  • icon_check Intraday Trading
    Buy/sell securities within the same trading day for short-term gains.
  • icon_check Algorithm Trading
    Automate trading strategies for faster execution without emotional bias.
  • icon_check Options Trading
    Buy/sell options contracts for strategic market exposure.
  • icon_check Futures Trading
    Trade contracts obligate the purchase/sale of an asset at a future date.
  • icon_check Forex Trading
    Trade currency pairs to profit from exchange rate fluctuations.
  • icon_check Crypto Trading
    Trade cryptocurrencies to benefit from market volatility.
  • icon_check Automatic Trading
    Execute trades automatically based on set criteria.
  • icon_check Margin Trading (MTF)
    Borrow funds to trade larger positions than account balance allows.
  • icon_check Stock SIP
    Allows for systematic investment in stocks over time to build a portfolio gradually.

Account Management

  • icon_check Multi-Factor Authentication (MFA)
    Enhance security with multiple verification methods.
  • icon_check Demat Account Creation
    Facilitate the opening of electronic securities accounts.
  • icon_check Platform Migration
    Assist in transferring accounts or data from one platform to another.
  • icon_check Customizable User Interface
    Personalize trading environments for ease of use.

Integrations

  • icon_check API Integration
    Connect third-party apps to enhance platform functionality.
  • icon_check Financial Tools Integration
    Incorporate various financial analysis tools for improved insights.

Reporting & Analytics

  • icon_check Dashboards
    Visual summaries of key performance metrics for quick assessments.
  • icon_check P&L Report
    Summarize profits and losses over a specified period.
  • icon_check Contract Note
    Document detailing trade specifics, including prices and fees.
  • icon_check Financial Transaction Report (CashLedger)
    Track cash inflows and outflows in the trading account.
  • icon_check Automated Reports
    Generate regular reports on trading activity and performance automatically.
  • icon_check Report Customization
    Tailor reports to meet specific user requirements for relevance.

Alerts & Notification

  • icon_check Price Alert
    Notifications when securities hit specified price points.
  • icon_check Real Time Market Updates
    Instant notifications on significant market changes and events.
  • icon_check News Alerts
    Updates on news events that could impact markets.
  • icon_check Volume Alerts
    Alerts for unusual trading volumes in securities.
5Paisa Demo Video play icon

Get 5Paisa Demo

Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

Understand
Key Features
Personal
Demo Insights
Interactive
Demo Support

5Paisa Specifications

Supported Platforms
Windows Windows iOS iOS Android Android
Devices
Desktop Desktop Mobile Mobile Tablet Tablet iPad iPad
Deployment
Cloud-Based Cloud-Based
Suitable For
Stock Market
Business Specific
Stock Market Trading
Business Size
Small Business Startups Medium Business SMBs SMEs
Customer Support
Phone Email Forums
Language
English

Explore the Best Alternative Solutions Similar to Your Business Size and Needs

5Paisa Reviews

4.3

Out of 5

img

Overall Rating

Based on
2 Verified Reviews

Rating Breakdown

  • Features 4.1
  • Value for Money 4.5
  • Ease of Use 4.5
  • Customer Support 4.1

85% Recommend this Product

Add Review

5Paisa Video Review

youtubeVideoId

4.1

“5Paisa Pros and Cons | 5 paisa Review in Hindi”

Review by: Demat Dive

733,

Network Administrator

Industry: Cyber Security

4.7

Reviewed on: Jul 15, 2024

Techjockey Verified

“Fantastic Experience with 5 paisa”

I had a fantastic experience with 5paisa. The platform is user-friendly, and their customer service is excellent. Highly recommend for seamless trading!

Pros

User-Friendly Platform: Easy to navigate, making trading straightforward. Excellent Customer Service: Prompt and helpful support. Affordable Pricing: Competitive rates and fees.

Cons

Occasional Technical Glitches: Some users report minor technical issues. Limited Educational Resources: Less comprehensive than some competitors. High-Volume Traders May Need More: Advanced traders might seek more features.

Reason to switch

The product (5paisa) helps me perform my tasks efficiently with its user-friendly interface and comprehensive trading tools. Affordable fees and reliable customer support enhance my experience.

Compare 5Paisa With other Trading Platforms

Products
Ratings
Pricing
Device Supported
Deployment
Supported Platforms
  • img

    5Paisa

  • 4.3

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Masterswift 2.0

  • 4.3

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    AlgoTest

  • 4.6

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Pocketful

  • 4.9

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    StockMock

  • 4.5

  • ₹ 349

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Bajaj Broking

  • 4.5

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Edelweiss TX3

  • 4.2

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Zerodha Kite

  • 4.2

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Bigul

  • 4.2

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Trading Terminal

  • 4.4

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    QuantShare

  • 4.3

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

(0) Product(s) selected

5Paisa Alternatives

See All 5Paisa Alternatives

Available

Price on Request

Available

Price on Request

Available

Price on Request

Available

Price on Request

Available

Price on Request

Articles for 5Paisa

See All Related Articles

Which operating system does 5Paisa support?

5Paisa is compatible with Android, iOS, Windows and Mac operating systems.

Is there any 5Paisa app?

5Paisa app is available for Android and iOS devices.

What is the deployment type of 5Paisa?

5Paisa supports web-based deployment type.

How much does 5Paisa cost?

5Paisa pricing is available on request at techjockey.com.

Who are the potential users of 5Paisa?

5Paisa is typically used by day traders or anyone who deals with buying and selling of stocks.

Is there any free trial or demo for 5Paisa?

5Paisa demo is available for free with techjockey.com.

Is 5Paisa free?

5Paisa offers a free trial. However, the premium plan with advanced features is available at techjockey.com with exciting deals.

How can you download 5Paisa?

5Paisa installation is not required, as it is web-based. Just open the Setup Wizard to get started.

Is 5Paisa good for trading?

5Paisa is good and absolutely safe for trading. It is known for its research and advisory services as well as low brokerage plans.

Can I withdraw funds from 5Paisa?

Yes, it is possible to withdraw funds from your 5Paisa account to your bank account. However, pay out of funds is not allowed on the day pay in is done.

Which is better 5Paisa or Zerodha?

While both the brokers offer similar services like trading in equity, Demat account with CDSL etc, 5Paisa also offers research and advisory services (at additional cost) which Zerodha doesn’t.

What are 5paisa brokerage charges?

5paisa offers a flat rate of Rs. 10 per trade for equity delivery trades, regardless of the trade value. For intraday and derivatives trades, it charges a flat rate of Rs. 20 per trade.

What types of financial instruments does 5Paisa offer trading in?

5Paisa offers trading in various financial instruments such as equities, derivatives, mutual funds, and currencies.

Can I trade in mutual funds and currencies through 5Paisa's platform?

5Paisa offers a wide range of mutual funds from various AMCs across various categories like Equity, Debt, Hybrid and also offers trading in currency derivatives, which allows you to trade in currency pairs such as USD/INR, EUR/INR, and GBP/INR.

20,000+ Software Listed

Best Price Guranteed

Free Expert Consultation

2M+ Happy Customers

Terms and Condtions

close

Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.