5paisa Trading Software Review | Download, Demo


23.18% 534,655 Clients

5paisa Capital Limited is a Mumbai based online discount broker. The company started its discount broking operations in 2016 and become 2nd largest online discount brokers in India by late 2018. It offers a range of stockbroking and investment services to its customers. The company offers trading services in stocks, currencies, commodity and derivatives. Besides it also offers other financial products like Mutual Funds, Insurance and Loans. The company is a Depository Participant of NSDL.

5paisa.com unique selling point (USP) is its low brokerage fees. It charges a flat brokerage fee of ₹20 per executed order irrespective of the size of the trade. The in-house build trading platform offered free to all its customer is another USP of 5paisa.com.

5Paisa offers Instant Paperless Trading and Demat Account opening process.

5paisa offers good online trading software to its customers. They can choose from the web, mobile, and desktop trading applications to trade as per their convenience.

Robo advisory and Algo trading are other software's offered by the company. Robo Advisory is an investment advisory tool that helps you choose mutual funds as per your age, financial goals and profile. Algo Trading leverages computer programs to analyze markets and places trades on the terminal without manual intervention.

The company also runs 'School' an online learning resource for investor education. It offers informative courses on Stock Market, Stock Analysis, Mutual Funds, Taxation and Trading.

Key Facts about 5paisa (as of May 2019)

  • 2nd Largest online discount broker in India
  • Flat brokerage fee of ₹20 per executed order
  • Serves 1,75,000+ active clients
  • 17,000 Cr.+ Daily Turnover
  • 500 Cr.+ Assets under Management
  • 3% share of total equity trade volumes at the exchanges
  • Instant Paperless Trading and Demat Account
  • Offers advanced platforms like Robo advisory and Algo trading

5paisa Trading Software

5paisa has made good investments in its online trading software and offers a range of trading platforms and tools to its customers free of cost. The various trading platforms and tools offered by the company include:

  1. 5paisa (Mobile Trading App)
  2. Trade Station EXE (Desktop Trading platform)
  3. Trade Station Web (Browser-based platform)
  4. Algo Trading (Automated trading tool)
  5. Robo Advisory (Mutual Fund Selector)

1. 5paisa Mobile App (Mobile Trading App)

5paisa mobile trading app offers online trading using smartphone across segments and exchanges. Majority of the trading done with 5paisa is done using 5paisa app.

The trading mobile software is available for Apple and Android smartphones. It offers a range of features to analyze and trade on-the-go. Key features of the 5paisa mobile trading app include:

  • An intutive mobile app with simple design.
  • Trade and invest across stocks, commodity, currency, mutual fund, insurance, etc.
  • Access to research and advisory inside the app.
  • Live quotes on stocks and markets.
  • Place orders with a single click.
  • Place advance order types like Bracket Orders (BO) and Cover Orders (CO)
  • Multiple watchlists.
  • Invest in 5paisa smallcase.
  • Access to 'Auto Investor', an advisory feature that recommends mutual funds based on your profile and goals.
  • Access to 5paisa forum.
  • Instant paperless personal loan facility.
  • Monitor your trades and investments at any time.
  • Fund transfer via UPI.
5paisa Mobile App

5paisa Mobile App Download

The 5paisa mobile app is available for Google Android and Apple iOS smartphones. The mobile app can be downloaded for free from:


2. Trade Station Web (Browser-based platform)

5paisa.com (Trade Station Web) is an online trading website of 5paisa broker. The web browser-based platform is compatible with Chrome, Firefox and Safari browsers. Customers can use their personal computers to access the website and trade. It offers a range of features such as:

  • Access NSE and BSE and trade across equity, derivatives and currency
  • Market watchlist to monitor scrips
  • Comprehensive portfolio tracker
  • Advanced charting tools for in-depth scrip view
  • Detailed scrip data including market depth and Option Chain
  • Order slicing for better prices
  • Bracket Orders (BO) and Cover Orders (CO)
  • Consolidated view of your positions and holdings across instruments
  • Fund Transfer facility
  • Access to multiple reports
5paisa Trade Station Web

3. Trade Station EXE (Desktop Trading platform)

Trade Station EXE is a downloadable desktop trading terminal developed by 5paisa. The online trading software can be downloaded on a desktop or a laptop and can be used for trading using the internet. It offers a range of features such as-

  • A high-speed desktop-based trading platform provides access to NSE and BSE
  • Customizable watchlists to monitor your favorite stocks and contracts
  • Advanced charting features to analyze stocks
  • Bracket Orders and Cover Orders
  • Instant Fund Transfer facility
  • Order Slicing feature for better prices
  • Short cut keys for faster trading
5paisa Trade Station Exe

5paisa Trade Station Software Download (Trade Station Desktop App Download)

5paisa Trade Station provides a broker's terminal like experience with high-speed trading. It offers many useful and advanced trading features to a trader. The online trading software can be downloaded from 5paisa website.

Steps To Download 5paisa Trade Station

  1. Visit 5paisa stock broker website
  2. Click on 'Stocks' on the top menu and then on 'Trading Platforms'
  3. Click on 'TRADE STATION EXE' on the list of platforms
  4. Click on 'Get EXE' to download 5paisa Trade Station

5paisa Trade Station Desktop App Demo

Trade Station is a desktop application with several advanced features. Traders, new and experienced, would need to acquaint themselves with the various features and functions of the platform. Currently, 5paisa doesn't provide trade station desktop app demo video. However, you can contact the customer support of the company to learn in detail about the trade station features.


4. 5paisa Algo Trading (Automated trading tool)

5paisa algo trading is an automated trading tool that leverages advanced technologies to facilitate automatic trading decisions. Its various features include-

  • Create, backtest and deploy your algos
  • Preloaded algos including Amibroker, Jobbing, Pivot, Buy/Sell Call execution, Bulk buy/sell and Paired spread trading strategies
  • Expert assistance for coding strategies
  • Get API documents to code strategies yourself
  • Seamless integration of strategies with the trading platform
  • Assistance in getting strategy approved by the exchange
  • A real-like simulation environment for strategy testing

5. 5paisa Robo Advisory (Mutual Fund Selector)

5paisa robo advisory is a fully automated advisory tool that suggests mutual funds based on your financial goals, time frame and income profile.

How does 5paisa Robo Advisory work?

5paisa robo advisory is a fully automated advisory tool that recommends an investment plan to you based on the answers you provide to the various questions asked.

Steps in 5paisa robo advisory

  1. Select your financial goal- Buying car/home, child's education/marriage, retirement etc.
  2. Set quantitative targets with the exact amount required to realize the financial goal and the time frame to achieve it.
  3. Enter your age, monthly income and savings
  4. Select your experience level and understanding of the investment market
  5. Select your risk level
  6. Select what you look for in investment in terms of risk and returns
  7. Analysis of your risk profile
  8. The system recommends mutual funds

Commodity Trading Software

5paisa offers commodity trading services for MCX. 5paisa trading platform for commodity trading includes:

  1. 5paisa (Mobile Trading App)
  2. 5paisa.com (Browser-based trading website)
  3. Trade Station EXE (Desktop Trading platform)

5paisa commodity trading software download is available on its website. Steps to download Trade Station EXE is provided in the above Trade Station EXE review section.


5paisa Forex Trading Platform

5paisa offers currency derivatives trading in various currency pairs at BSE and NSE. 

Customers can use any of the available 5paisa trading software online to trade in currency futures and options. The steps to download 5paisa trading software is discussed above.

Customers may have to activate the currency segment before starting to trade in currency. The segment modification form needs to be downloaded from the website, filled and sent to the company's registered address. The form is available on the company's website.

Key Takeaways

  • 5paisa offers best in the industry trading platform.
  • Option to choose from 3 trading software to suit customers needs (web, mobile, and desktop).
  • All trading software's are free to all the customers.
  • In-house build trading platform, RMS and OMS. Customers get a quick turnaround for their new feature requests.
  • Management is focused on offering the best trading platform and investing a huge amount of money for this.
5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (₹650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹20 per order.

Get this limited time offer

Frequently Asked Questions

  1. 1. How does 5paisa works?

    5paisa is a stock broker offering online trading at BSE, NSE, MCX and NCDEX for a low brokerage fee of ₹20 per executed order. 5paisa also offers Mutual Fund investment and insurance services. Trading/investing in the stock market and mutual funds can be done using the following steps:

    1. Open a 2-in-1 account (trading and demat account)
    2. Link it with your existing savings bank account
    3. Transfer funds from bank to trading account
    4. Log in to 5paisa.com website or its mobile trading app
    5. Place buy/sell orders
    6. The shares or mutual funds are credited to your demat account

     

  2. 2. How to use 5paisa TradeStation?

    5paisa TradeStation is installable (downloadable exe) desktop software also known as trading terminal. Designed for frequent and advanced traders, this terminal offers superior features and faster execution of orders. You can download the software from the 5paisa website. Here are the steps to use 5paisa trade station:

    • Visit 5paisa.com
    • Go to Stocks>Trading Platform
    • Click on 'Know More' on Trade Station section
    • Click on 'Get Exe' and download the software
    • Install it in your desktop or laptop
    • Log in using your account ID and password
    • Transfer funds in your trading account
    • Place buy/sell orders

     

  3. 3. How to trade in 5paisa?

    5paisa only offers online trading services. To trade in 5paisa, you need to open a 2-in-1 trading & demat account and link it with your bank account. Once the account is opened, transfer funds from your bank to the trading account. You can then trade across exchanges and in a range of segments using any of the trading software offered by the company.

     

  4. 4. How to use 5paisa.com?

    5paisa.com is the official website of 5paisa Capital Ltd, an online discount stock broker. The website provides you with all the information on the services provided by the company. A few important services provided on 5paisa.com include:

    • Instant account opening (paperless)
    • Download trading platforms
    • Login to 5paisa.com trading website and trade across exchanges
    • Download various forms related to account opening/modification/closure etc.
    • Buy mutual funds and insurance policies online
    • Access 5paisa school to learn about trading & investments
    • Access to support portal for help
    • Online discussion forum

     

  5. 5. How to do intraday trading in 5paisa?

    5paisa offers online intraday trading at BSE, NSE and MCX. Customers can do intraday trading with 5paisa through its website, mobile trading app or installable trading terminal.

    Steps to do intraday trading in 5paisa

    • Login to 5paisa.com or 5paisa mobile trading app
    • Go to My Watchlist
    • Click on a 'Search Glass' on top-right of watchlist window
    • Enter script name to search
    • Click on the script name from the search result
    • Click green 'B' buy button
    • In 'Place Order' window choose 'Intraday' from the dropdown
    • Enter quantity and price and click 'Buy'
    • Click on the 'Advance Buy' link to place Stop Loss, Bracket or Cover Order.

     

  6. 6. How to convert intraday to delivery in 5paisa?

    5paisa allows its customers to convert intraday trades to delivery trades. To convert an intraday trade, go to the 'POSITION' window in the bottom left side, click on the open position and convert it to delivery. Note that all intraday positions are auto squared-off starting at 3:10 PM if they are not closed by the trader.

     

  7. 7. How to start trading with 5paisa?

    You can start trading with 5paisa by opening a trading and a demat account and linking them with an existing bank account. Once the account is opened, you can transfer funds from your bank to the trading account, log in to any of the 5paisa trading software (website or mobile app) and place buy/sell orders in desired securities.

     

  8. 8. What is ALB in 5paisa?

    ALB in 5paisa is an abbreviation for Adjusted Ledger Balance. This is the balance for the fund which you can withdraw (or transfer back to the bank account). It is part of the fund pay-out logic. It tells how much funds you could withdraw. The ALB is calculated as:

    ALB = (Normal Ledger + MTF (Margin Trading Funding) Ledger - Unclear receipts - Value of Undelivered Securities - Total Margin requirement in Commodity, FnO & Currency)

     

  9. 9. What is margin blocked in 5paisa?

    Margin Blocked in 5paisa is the total money blocked as margin for open positions in Futures & Options trade. It is done to cover the potential losses, a position can incur. The blocked margin or money is released once the positions are squared off.

     

  10. 10. What is bracket order in 5paisa?

    A Bracket Order (BO) is an advance order type which allows traders to limit loss and lock in a profit. 5paisa offers advance order types like BO, Cover order and Stop Loss orders. Customers can choose these order types in the 'Place Order' window while placing orders to buy/sell.

    Bracket order is a set of 3 orders (1 Buy, 2 Sell) placed together at once. Say, you place a buy order for a stock at ₹50. You also place a higher sell order at ₹55 and lower sell order at ₹45. The higher sell order locks in the profit and lower sell order limit the losses. The sell order is automatically executed, when the stock reaches any of the price points.

     

  11. 11. What is cover order in 5paisa?

    A Cover Order (CO) is an advance order used in intraday trading to minimize the losses in a position. 5paisa offers cover order along with other advance order like bracket order and stop-loss order.

    In a CO order, the buy/sell order is placed along with a Stop Loss order (SL). Say, you place a buy order at ₹50 and also place an SL order of ₹45. If the stock is going down, a Sell order will be auto executed at ₹45, preventing you from unlimited losses.

     

  12. 12. What is disclosed quantity in 5paisa?

    Disclosed quantity in 5Paisa means the part of the actual quantity in an order you want to disclose to the public. The disclosed quantity only will be shown on the market screen, not the actual order size. However, the actual quantity of the order will be executed. It is useful to prevent price spike when a big order is placed.

     

  13. 13. What is square off in 5paisa?

    A square off in 5paisa is an intraday trading practice wherein a buy/sell position is opened on a trading day and is reversed (sell/buy) before the market closes on the same day. This is done to make a profit from the price movement on a day.

    If the equity intraday positions are not squared-off by the customer on the same day, 5paisa automatically square-off these orders at 3:15 PM.

     

  14. 14. What is the trigger price in 5paisa?

    In the 5paisa trading app, the trigger price is the price at which a stop-loss order is triggered. Trigger price should be below the Buy price (for selling stop loss) and above the Sell price (for buying stop loss).

    The trigger price is set in case of Stop Loss orders, Cover Orders and Bracket Orders. The system automatically executes the trade when the trigger price is hit or reached.

     

  15. 15. What is IOC in 5paisa?

    When placing buy/sell order with 5paisa, customers can choose one of the 3 validity, Day, IOC and VDT (Valid Till Date).

    IOC in 5paisa is an abbreviation for 'Immediate or Cancelled' order type. It means an order placed has to be executed immediately if the set price is available or it is canceled. A part of the IOC order can be executed with the unmatched part getting canceled.

     

  16. 16. How to sell shares on 5paisa?

    To sell shares on 5paisa, log in to your trading account (website or mobile app) and place a sell order by entering details like quantity, price etc. Please ensure that you're selling the exact or lower number of shares than you currently hold in your demat account. Your order will be executed when the set price is reached on the trading day.

     

  17. 17. How to buy shares on 5paisa?

    To buy orders on 5paisa, you need to open a 2-in-1 account and login to the trading website or mobile app. Also, make sure that you've sufficient funds in your trading account. Place a buy order by searching for the desired scrip in the search box, enter quantity, price and order type. The order will be executed when entered price is reached.

     

  18. 18. How to request payout in 5paisa?

    A Payout or fund withdrawal request can be made on any of the 5paisa trading software i.e. website, mobile app or trading terminal. Here a steps to request payout:

    1. 5paisa.com Website

    1. Login to 5paisa.com
    2. Click on the amount beside Mutual Funds
    3. Click on Payout
    4. Enter Payout amount and other details

    2. 5paisa Mobile App

    Menu >> Trade >> Funds >> Click on Pay Out

     

  19. 19. How to withdraw money from 5paisa?

    To withdraw funds from 5paisa.com website, login to the website, click on the amount beside mutual funds in top red navigation ribbon, click on Payout button, fill the amount you would like to withdraw and submit the request.

    To request a payout on the mobile app, go to the fund's section and click on 'Payout' within it.

    The money will be credited within 24 hours of requesting a payout.

     

Contact 5paisa / Request Call Back

FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer

Name:Phone
EmailCity
State
Are you a day trader?

5paisa Competitors Review

Information on this page was last updated on Thursday, June 11, 2020


Comments

No comments found. Be the first to post a comment.








Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App