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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.
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?
Zero Account Opening Charges. Yes, Absolutely Free! For full details on pricing & charges of 5Paisa, visit the brokerage-charges section on 5Paisa website.
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 +91 8976689766 (Press Extn No 2 on IVR) to buy or sell securities. Note - You are requested to call from the registered Mobile number for successful order placement ...
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 or download 5paisa mobile app · Click "Open Account" and enter your phone number. · Verify your phone number and click "Apply Now." · Enter your ...
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 2 days post KRA validation. Here are a few steps that you need to ...