What is 5paisa? How 5paisa is different from other brokers?

What is 5paisa? How 5paisa is different from other brokers?

5paisa is India's fastest growing Discount Broker and first Publicly Listed online broking company. Ranking among the top 10 discount broking firms in the country. 5paisa enjoys strong backing by IIFL, India's leading diversified financial services company. With a daily turnover of over 30,000 Cr+, we have over 450,000 clients and 3.5 Million+ app users.

5paisa is a DIY platform that offers all financial services like Equity Trading, Mutual funds investments, Insurance, Research Products, Commodity and Currency Trading, Digital Gold Investment, Robo Advisory and Personal Loans under one roof.
 
Our unbeatable features like cutting-edge trading platform, All-in-one account, Free Stock Recommendations and Innovative Pricing Plans have helped us become a preferred broker. These plans are designed both for traders, beginners and experienced investors.
 
Further, account opening at 5paisa is also free, paperless and there are no brokerage charges applicable. Unlike other broking firms, we do not charge any AMC or DP charges either. All you need to pay is a flat fee of Rs. 20/- order for any segment (Equity, Derivatives, Currency, Commodity and Mutual Funds) you trade. Let's say, you trade for Rs. 1,00,000 or Rs. 1 crore, we charge you flat fee of Rs. 20 per order (Applicable from 01st January, 2020)