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What is Authorised Person" (AP)
"Authorised Person" (AP) means any person – Individual, partnership firm, LLP or body corporate – who is appointed as such by a stock broker (including trading member) and who provides access to trading platform of a stock exchange as an agent of the ...
Can a demat account maintained with other brokers be mapped to a 5paisa trading account?
No, a demat account maintained by other brokers cannot be mapped to a 5Paisa trading account as of now. However, we are still exploring this process and hope to make your 5Paisa account able to be mapped with other demat accounts.
Can a trading account be opened without opening a demat account?
No, 5Paisa does not allow a trading account to be opened without opening a demat account. This is due to the following reasons: A demat account is necessary to settle open equity intraday positions each day that takes place in a trading account. A ...
How is 5paisa different from other brokers?
5Paisa Capital differs from other brokers in its business model, product offerings, pricing structure, technology, and customer service. Here are some specific aspects that set 5paisa apart from other brokers: Discount Brokerage Model: Operating as a ...
What are the charges for opening an account at 5Paisa?
5paisa offers a free Demat account without charges for account opening or annual maintenance. The brokerage fees for trading are as follows: · Equity Delivery Trades: 0.1% of the trade value or ₹20 per trade (whichever is lower) · Intraday and F&O ...
Will 5Paisa send any documents to my address?
No, 5Paisa does not send any physical documents to your address. As the account opening process is entirely digital, all necessary documents and communication will be conducted electronically.
Can orders be placed by calling 5paisa?
Yes, 5paisa offers a call and trade facility for placing orders. You can reach us at 8976689766 to buy or sell securities. It is crucial to note that call and trade charge of ₹100 + 18% GST is associated with this service. The fee is applicable for ...
How many Demat accounts can be opened with 5Paisa?
The customers cannot open multiple Demat accounts with 5paisa using the same PAN card and mobile number. However, there are no restrictions on the number of accounts you can open in general.
What is the process for opening an account at 5Paisa?
Here is a step-by-step procedure for opening a Demat account with 5paisa: · Visit the 5paisa website (https://www.5paisa.com/demat-account) or download 5paisa mobile app. · Click "Open Account" and enter your phone number. · Verify your phone number ...
What kind of trading platforms are offered by 5Paisa?
The 5paisa trading platform is conveniently available on both web and mobile: · Web: Simply visit https://www.5paisa.com/ to access the platform through your web browser. · Mobile: Download the 5paisa app from the App Store (for iOS devices) or ...
How much time does it take to open a new account at 5Paisa?
Opening a Demat account online with 5paisa involves submitting your KYC (Know Your Customer) documents and completing the required steps. The account activation process typically takes 36 to 48 hours upon successful document submission. Here are a ...