5Paisa Demat Stock Trading Account Review | App, Brokerage Charges

5Paisa Stock Trading Review: Hunting for the best stock broker in India? Then, don’t worry much. 5paisa Capital Ltd is here for you! It is a huge trading platform that is professionally managed and promoted by IIFL founders. In December 2016, 5Paisa had become the second-largest stockbroker company in India. 5Paisa was given recognition on BSE and NSE.

Why choose 5Paisa? This online trading is possible in terms of equity, assets, and currency at BSE, NSE, and MCX. 5Paisa is a flat-rate stockbroker. It prices a flat charge of 20 Rs per brokerage irrespective of the magnitude of trade, section, or exchange. Also, it is known to offer 5paisa prepaid plans to its customers which include optimum plan, platinum plan, and titanium plan. 

5Paisa has mutual funds investment, Demat account opening, and different trading platforms. 

• 5Paisa Mutual Funds is the one that includes both normal as well as direct mutual funds. It charges a flat rate of Rs 10 per executed order for the online mutual fund’s investment. Investors can invest in mutual funds in lumpsum or by means of SIP.
• 5Paisa Demat account act as a depository associate who has membership with CDSL. In March 2019, the 5Paisa Demat account was bestowed as the Premier Depository Participant by CDSL. 
• 5Paisa Trading Platform incorporates 5Paisa mobile trading application, official trading website, and the trading terminal. In February 2019, all of the above-mentioned trading platforms are mounted on with the latest technologies and are recognized for their ‘Best use of Mobile Technology in Financial Services’.

5Paisa Features:

• Online trading is available at BSE, NSE, and MCX.
• Both regular and direct online mutual fund investment is available.
• It charges a flat rate of Rs 20 per executed order.
• It offers three different brokerage plans to its customers.
• Proposes reliable online trading platforms which include the 5Paisa mobile app and official trading website.

5Paisa Brokerage Charges:

Here, we have listed the three different subscription plans and their brokerage charges. 

5Paisa Demat Account Opening Charges

For opening the 5Paisa Demat account, there is no brokerage charge. The AMC is charged based on the three different levels of operating value of preservation on the last day of every month. Check the table and find the AMC charged for opening a Demat account.

Documents required to open a 5Paisa Demat account?

Here, we have listed all the documents that are required for opening a 5Paisa Demat account. Make a note of it. 

KYC Verified:

Non-KYC Verified:

How to Open 5Paisa Demat Account? (Step by Step)

• Click Here to fill-up the form.
• You’ll receive a prospect from the sales team.
• An appointment will be fixed according to the prospect’s availability.
• A salesperson will attend the prospect.
• The prospect will ask you about some important documents like Aadhaar Card, Pan Card, Account Opening Fees, Address Proof, Income Proof, & POA.
• Then, your account will be initiated within 1 working day.

Note: The account opening process will take around 1 to 2 days.

5Paisa Products & Services

Here we have listed the different products and services provided by the 5Paisa account handlers. Have a look!

Products:

Other products:

• Portfolio Analyzer:  It is an exceptional tool that allows users to track and investigate their portfolio performance. 
• Swing Trader: Swing traders are for short-term investment ideas. The broker is responsible for leveraging all sorts of swing trading tactics.
• Smart Investor: It has handpicked stocks for the customers and at present, it is the smartest investing tool for outperforming returns.
• Small case: It is modern investment merchandise for first-time investors. It highlights diversified, low-cost, and long-term securities. Thus, helps you to invest in varied stocks and minimizes risk.
• Sensibull: It focuses on different options of trading. It holds features like tracking and analyzing using graphs.

5Paisa Services

• Demat Services
• Trading Services
• All in 1 Account
• Intraday Services
• IPO services
• Stock Recommendations
• Robo Advisory
• Trading Exposure
• Trading Institution

Also Check: List of Best Demat & Trading Accounts in India

5Paisa Trading Platforms

Here, are the different trading platforms for different types of devices and browsers.

• 5Paisa Mobile Trading Platform

It is an on-the-go sort of mobile app-based trading platform. It allows the accomplishment of trade management. Individuals can track the current state of their stocks. Also, one can check their net status, book order, trade book, and margins.

• 5Paisa Trading Now Review: Browser Trading Platforms

Trade Station is a browser-based trading platform that operates smoothly on Google Chrome, Mozilla Firefox, and Internet explorer. It is the fastest trading platform that allows you to trade in equity, derivatives, and mutual fund investment. Keep in mind that it allows you to transfer funds from one of your bank accounts to another account. 

5Paisa Pros:

• Supported by the IIFL promoters. 
• It allows you to choose from three different subscription plans as per your trading requirements.
• It is a free trading platform. 
• No software charges.
• Proposes free technical, derivative, and advice to the customers without any additional cost.

5Paisa Cons: 

• Not a 3-in-1 account.
• High Demat debit transaction charges. 
• High transaction charges in comparison to other discount brokers.
• Call and trade are available but at an additional cost of Rs 100 per call through the Optimum plan. 
• Research and advisory assistance are not free within the Optimum Plan.
• No NRI Trading services.

5Paisa Customer Care Details:

You can get in touch with the 5Paisa customer care through the following communication channels:

• Email: support@5paisa.com
• Phone number: +91-8976689766
• Social media
• Address: Sun Infotech Park, Road no. 16V, Plot no. B-23, Thane Industrial Area, Wagle Estate, Thane- 400604.