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one of worst brokerage service i faced with 5 paisa. kindly stay away from 5 paisa. the charges above said is not true it is as below
1) brokerage charges Rs. 25/- or 0.05% which ever is higher for buying as well selling. where other servive providers like zerodha and upstock never charge for buying. this is highest in the industry
recently they reduced to 12.5/- it seems
hidden things are as below
1) after opening account your 450/- will be blocked as safe deposit. this money you cannot withdraw
2) while opening accouny ICICI B22 1 share will be given to your account without your concern (while selling this you need to pay more brokerage amount than the share price) this is a trick
3) ledger balance is not at all clear. all of sudden sometimes deduct money with no reason.
4) if you ask customer care service regarding any of this default you will get some message irrelavent to your query and close the ticket without closing our issue.
(I'm requesting to transfer my shares and close the account. they are not atall responding. it os more than 3 months over now)
it is very difficult to close account with them.

customer care service is hell actually. i have never seen such a poor responce.