Published on Wednesday, April 4, 2018 by Chittorgarh.com Team | Modified on Wednesday, January 1, 2020
Best Online Trading Account
We can help you find the right broker and save upto 90% in brokerage fees.
Pros | Cons |
---|---|
Simple and low brokerage at flat Rs 20. | No commodity tradings. |
Free trading platforms for web, desktop and mobile. | No 3-in-1 accounts. |
Free research advice on trading. | Average customer service. |
Paperless Aadhaar account opening process. | |
Part of IIFL, a popular non-banking financial institution. | |
Listed in NSE and BSE. |
5paisa.com is a discount broker based in Mumbai. It is part of a leading financial services companies - IIFL which has over 2.9 million customers. 5paisa offers services in stock trading, insurance, and mutual funds. It is listed in BSE and NSE and claims to have over Rs 3000 crore in turnover per day.
5paisa was relaunched with a new brokerage model for online broking services in 2016. In 2016, IIFL demerged 5Paisa from the company into 5Paisa Capital. The company leverages innovative technology to offer low-cost trading services. Being a 100% online broker, the company's customer base includes millennials and people from tier-3 and tier-4 cities.
5Paisa 'School' is an initiative towards customer education in trading. It offers various courses on stocks & derivatives trading, technical analysis, insurance, and mutual funds. The courses are designed for traders of all level- beginners, intermediate, and pro. There are also videos and articles available on that are good in understanding various aspects of trading and personal finance.
5paisa Trade Station is a powerful desktop trading platform. You need to install it on your desktop computer to trade. Some of the key features offered by the platform are:
You can also trade on 5paisa on the web browser. The platform is available on Chrome, Firefox and Internet Explorer. Key features of the platform are:
5Paisa offers a mobile app for trading. The app is available on Apple iOS and Android platforms. Some of the key features are:
Buy and sell are considered as 2 separate orders for calculating brokerage.
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
If I choose Platinum account what may be the amount to tade bank nifty options.for both selling and buying options
I do not need demat account.so will not have AMO fees correct?