-17.18%3,49,926 Clients
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly traded and professionally managed company promoted by IIFL founders. As of August 2025, 5paisa has over 3.85 lakh active traders, according to data from NSE.
5paisa offers online trading in equity on BSE and NSE and commodity trading under MCX. It is a flat-rate discount stockbroker. It charges a flat Rs 20 brokerage irrespective of the size of the trade, segment, or exchange.
5paisa Mutual Funds offering includes both Regular as well as direct mutual funds. 5paisa changes flat Rs 10 per executed order for online mutual fund investment. An investor can invest in a lump sum or through SIP.
5paisa demat account is offered through its depository participant membership with CDSL. It was awarded as a Premier Depository Participant by CDSL in March 2019.
5paisa trading platform includes Mobile Trading App, Trading Website, and Installable Trading Terminal. These platforms are built on the latest technology and recognised for the best use of mobile technology in financial services.
5paisa is a one-stop shop for a range of financial investment products. Below are the reasons why 5paisa is a preferred choice for most investors.
|
Funded Amount |
Interest Per Day |
Annual Interest Rate |
|
Up to ā¹1 lakh |
0.026% |
9.5% |
|
ā¹1 lakh to ā¹5 lakh |
0.034% |
12.5% |
|
ā¹5 lakh to ā¹3 crore |
0.042% |
15.5% |
| SEBI Registration | NSE Member code | Net Worth (In ā¹ Cr.) |
|---|---|---|
| INZ000010231 | 14300 | 0.00 |
Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.
Open Online Account Now! and start trading today.| Regular Account Plan | Charges |
|
Account Opening Fee |
Free |
|
Brokerage |
Rs 20 per order |
|
Demat AMC |
Rs 25 per month |
|
DP Transaction Charges |
Rs 20 per scrip (sell side) |
|
Fund Transfer Charges |
Net Banking: Rs 10, UPI: Free and IMPS: Free |
|
Direct MF Investment Charges |
Free |
|
Service |
Charges |
|
Trading Account Opening Charges (One Time) |
Rs 0 (Free) |
|
Demat Account Opening Charges (One Time) |
Rs 0 |
|
Demat Account Maintenance Charges (AMC) |
Rs 300 yearly (charged as Rs 75 per quarter) |
|
Segment |
Brokerage Fee |
|
Equity Intra-day |
Rs 20 per trade |
|
Equity Delivery |
Rs 20 per trade |
|
Equity Futures |
Rs 20 per trade |
|
Equity Options |
Rs 20 per trade |
|
Commodity Futures |
Rs 20 per trade |
|
Commodity Options |
Rs 20 per trade |
|
Currency Futures |
Rs 20 per trade |
|
Currency Options |
Rs 20 per trade |
Visit5paisa Brokerage Charges Reviewfor more detail.
5paisa's 2-in-1 account (demat + trading account) gives its customers an option to invest and trade in the stock market as well as in mutual funds. If you are looking for only Mutual Funds as investment options, a separate Mutual Fund Account is available.
5paisa offers completely paperless account opening based on Aadhaar. If you have an Aadhaar number and your Aadhaar number is mapped to the correct mobile number, the account opening process is extremely efficient and quick. After completing the online application, the online trading accounts get activated in a few hours.
The 5paisa Trading Platform is built on IIFL's trading platform which has been used by many customers over the last 2 decades. The trading platform of 5paisa is available on mobile app, browser (web) and install-able desktop trading application (Exe).
Visit 5paisa Trading Software Review for more detail.
š Open Your 5paisa Account Today!
The following are the advantages of 5paisa. You must read 5paisa advantages and disadvantages before opening an account with 5paisa. 5paisa pros and cons help you find if it suits your investment needs.
5paisa margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. 5paisa F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for 5paisa F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  2.6/5 |
| Fees |  2.9/5 |
| Brokerage |  3.5/5 |
| Usability |  2.7/5 |
| Customer Service |  2.1/5 |
| Research Capabilities |  2.4/5 |
Based on 97 Votes by 5paisa Customers
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The number of 5paisa customer complaint received by the exchanges. The 5paisa consumer complaint report helps understanding the 5paisa quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| BSE | 2025-26 | 228401 | 3 | 0.0013 % |
| NSE | 2025-26 | 349926 | 112 | 0.032 % |
| BSE | 2024-25 | 256966 | 21 | 0.0082 % |
| NSE | 2024-25 | 422518 | 419 | 0.1 % |
| BSE | 2023-24 | 296847 | 55 | 0.02 % |
| NSE | 2023-24 | 550689 | 316 | 0.05 % |
| BSE | 2022-23 | 172986 | 18 | 0.01 % |
| NSE | 2022-23 | 652353 | 250 | 0.03 % |
| BSE | 2021-22 | 157397 | 27 | 0.02 % |
| NSE | 2021-22 | 1754330 | 324 | 0.01 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit 5paisa Complaints at BSE, NSE and MCX for detail report.
5paisa.com is an online discount stockbroking company in India that provides a platform for various financial investments and trading activities. It is a publicly listed company and a one-stop shop for a range of investment products.
Key offerings and features of 5paisa include:
5paisa is one of the leading online discount brokerage firms in India. The company is known for its low brokerage trading services. Apart from trading, 5paisa also offers online mutual funds, IPO applications, personal loans and insurance.
5paisa Capital Ltd started its operations in March 2016. The company got listed on stock exchanges in Nov 2017. IIFL founder Mr. Nirmal Jain and Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax Financial Holdings) are among the major stockholder in the professionally-managed publicly-traded company.
5paisa Capital Ltd is a publicly-traded company which is managed professionally. The company got listed on BSE and NSE stock exchanges in Nov 2017. As of Jan 2020, two promoters of the company (Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax India Holdings) and Mr. Nirmal Jain.) are the major stack holders.
A professionally managed company is run by the professionals who are also an employee of the company (not the owner). These professionals may or may not have any significant stake in the company.
5paisa is one of the leading names in the discount broking industry. The company is known for its low brokerage plans, good online trading software, research and advisory services. It has over 1.5 lakh retail customers and is registered with SEBI, CDSL, BSE, NSE, MCX and NCDEX.
5paisa is among fastest growing stock brokers in India. Their no-frill stock and commodity trading services are simple, fast and low-cost. 5paisa mobile trading app is their most popular trading tool. They also offer direct mutual funds which gives an additional of 1 to 1.5% yearly earning.
5paisa is among the top discount broker in India. The company offers online stock broking services to its customers. Key features of 5paisa services include:
5paisa offers 3 brokerage plans to its customers - Optimum, Platinum and Titanium. The brokerage fee varies as per the chosen brokerage plan.
5paisa Brokerage Scheme
|
Brokerage Plan |
Monthly Charge |
Brokerage Charge |
|---|---|---|
|
Optimum |
None |
Rs 20 per order for all Segments |
|
Platinum |
Rs 499 per Month |
Equity Options Rs 2 per lot, Others Flat Rs 10 per order |
|
Titanium |
Rs 999 per Month |
Equity Delivery: Free Equity Options: Rs 2 per lot Others: Rs 10 per order |
5paisa offers a 2-in-1 account including a trading and a demat account. Both trading and demat accounts are required. The account can be opened instantly if you have an Aadhar card linked to your phone number. To open a 5paisa account online, you need a PAN card, Aadhar Card, Photo and a Cancelled Cheque. Here are steps to open 5paisa account:
If all the submitted documents are in the correct order, your account is activated in 2 days. A welcome email is sent to the customer with login credentials.
To invest and trade with 5paisa.com, you need to open a 2-in-1 (trading & demat) account and link it with your savings bank account. 5paisa offers a paperless online account opening.
Once the account is opened, you can invest or trade in Stocks, Futures & Options, Commodities and Currencies across exchanges. 5paisa customers can trade at any time using a mobile trading app or its website 5paisa.com.
Yes, 5paisa is a legit stock brokerage company formed under the Company Act and registered with SEBI, CDSL, BSE, NSE, and MCX. 5paisa Capital Ltd is regularly audited by regulatory bodies and exchanges. Below are 5paisa membership ids:
The 5paisa mobile app can be downloaded from app stores of your Android or iPhone. Visit the app store and search for '5paisa' and download the app with the name '5paisa: Stocks, Share Market Trading App, NSE, and BSE'. Login using your 5paisa account ID and password. You could add stocks of your interest in the watchlist and place buy/sell orders.
5 paisa account can be closed by sending an account closure request to the broker. 5Paisa customers have to download a PDF form from its website, print it, fill it, sign it and send it to the 5paisa office address provided in the form.
The 5paisa account cannot be closed online by submitting the account closure form via email. You have to submit the physically signed paper form.
Steps to close 5 paisa account
Note:
If you are not using your 5paisa trading and Demat account, it is advisable to close it to avoid AMC charges and misuse of the 5paisa account.
5paisa and IIFL Securities are two different stock brokers though they are promoted by the same person Mr. Nirmal Jain. Both 5paisa Capital Ltd and IIFL Holdings Ltd (formerly India Infoline Ltd) are publicly traded companies listed at BSE and NSE.
IIFL Holdings Ltd was incorporated in 1996 as India Infoline. It started as a stockbroker and soon become a diversified financial service provider. IIFL Securities is a subsidiary of IIFL holdings. IIFL Securities is a full-service stockbroker offering a wide range of financial services including trading and investment in equity and commodity.
5paisa Capital Ltd was incorporated in 2016 as a discount brokerage arm of IIFL Holdings. In 2019, the company was demerged and got listed at the stock exchanges. It is now an independent entity that has very little to do with IIFL.
|
IIFL Securities |
5paisa Capital |
|---|---|
|
Full-service broker |
Discount stock broker |
|
Offer a wide range of product and services |
Mainly a stock broker. |
|
Charge a very high brokerage for its services. |
Charge ultra-low brokerage rate of Rs 20 per trade and brokerage free equity delivery. |
|
In-house research team offering tips and recommendations |
No in-house research capabilities. It uses IIFL services in this area for an additional fee. |
|
Offer NRI Trading account |
Doesn't offer NRI Trading account |
|
Inhouse team to build and maintain trading platforms. |
It uses the IIFL IT infrastructure. |
Information on this page was last updated on Saturday, November 18, 2023
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