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5paisa claims that they charge the lowest brokerage is not true at all. They levy other hidden charges and most of the times, the charges, even if the customer has asked not to charge. They renew those charges, without the consent of the customers. The DP charges are high. When asked to close the account, they don't close the account. I have sent them request to close my account several times via mail, and sent my signed request on two occasions, but still my account is active with them. I WOULD NEVER SUGGEST TO OPEN A TRADING ACCOUNT WITH 5 PAISA. (Client ID 50850062)

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor