Is 5paisa safe?

5paisa Account Opening

FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

Yes, trading with 5paisa is as safe as with other stock brokers in India. 5paisa is registered with SEBI, CDSL, BSE, NSE, and MCX, etc. It is audited regularly by the exchanges and has excellent compliance records.

Though 5paisa is a professionally managed publicly-traded company. 5paisa promoters have rich experience of 25+ years in retail broking industry. 5paisa is promoted by Mr. Nirmal Jain, a promoter of IIFL Group which is among the top financial service provider in India.

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Topic: 5paisa Safety Review

1 Comments

1. Ramgude prakash

| Link|September 6, 2022 4:43:41 PMReply

5 paisa is not at all safe they are constantly facing technical failures due to it clients were unable to square off their positions today for more than 4 hours
I lost a lot of money..thanks to 5p

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