5paisa Stock Trading, Demat, Brokerage and Reviews 2021


82.82% 793,518 Clients

5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2018. It is listed on BSE and NSE.

5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges flat 20 Rs brokerage irrespective of the size of the trade, segment or exchange. It also offers 5paisa prepaid plans i.e. Optimum Plan, Platinum Plan and Titanium Plan. Customer pays further lower brokerage in platinum and titanium plans for an additional fixed monthly fee.

5paisa Mutual Funds offering include both Regular as well as direct mutual funds. 5paisa change flat Rs 10 per executed order for online mutual funds investment. An investor can invest in lump sum or through SIP.

5paisa demat account is offered through its depository participant membership with CDSL. It is awarded as Premier Depository Participant by CDSL in March 2019.

5paisa trading platform includes Mobile Trading App, Trading Website and Installable Trading Terminal. These platforms are built on the latest technology and recognized for 'Best use of Mobile Technology in Financial Services' in Feb 2019.

5paisa Special Offers


Account Types

  1. 5paisa Trading Account

    5paisa is India's fast growing discount broker offering investing and trading services in segments including stocks, derivatives (F&O) and currency. 5paisa is member of BSE and NSE. 5paisa trading account is backed by the experience and technology developed by its parent company IIFL for over 20 years in retail broking industry.

    5paisa.com offer trading services under a simple brokerage plan. Customers can trade across the segments for a flat rate of Rs 20/order in Optimum Plan and Rs 10/order in Platinum Plan and Free Equity Delivery in Titanium Plan. This brings saving up to 90% in comparison to traditional brokers who charge brokerage fee in % of the total turnover.

    5paisa trading account is well integrated with other products they offer including mutual funds, etf, bonds and insurance.

  2. Mutual Fund Account

    Online Mutual Funds Investment Account is a key offering from 5paisa. You can open just a Mutual Funds Investment Account with 5paisa for free of charges.

    5paisa also offers Systematic Investment Plans (SIP), an automatic periodic investment option in stock market though mutual funds.

    The 'Auto Investor' tool is available free of charge to its customer which helps with online MF advisory. This tool help in choosing the right funds based on their risk profile and return expectations.

5Paisa subscription plans

5Paisa has recently introduced three subscription plans- Optimum, Platinum and Titanium Plan. New customers can subscribe to the plans while opening the account by paying a fee of 1 Rupee. Existing customers can subscribe to the plans using 5Paisa website or mobile application. While subscribing to the plans, they have to pay the charges as mentioned in the below table through Credit Card or UPI. Customers can either pay subscription charges Monthly or Annually.

Note- All the plans activated before 31st December 2019 will offer the pre-existing benefits.

5paisa Brokerage Plans 2020

 

Optimum Plan

Platinum Plan

Titanium Plan

Fee

Free

Rs 499/ month; Rs 4,444/ year

Rs 999/ month; Rs 8,888/ year

Brokerage

Rs 20/order

All segments-Rs 10/order, Equity Options- Rs 2/lot

Equity Delivery-Free, Equity Options- Rs 2/lot, Other segments- flat Rs 10/order

Maintenance Charge

Rs 45/ Traded Month

Free

Free

DP Transaction Charges

Rs 25 or 0.025%

Free

Free

Pay In charges

Rs 10

Free

Free

Call-N-Trade

Rs 100/ call

Free

Free

Direct MF Investment Charges

Rs 20

Free

Free

Research Advisory

Not Available

Free

Free

Free Trades

NA

NA

Free 100 trades per month maximum of Rs 1000

Dedicated Customer Support

NA

Free

Available


5paisa Charges 2021

5paisa Account Opening Charges & AMC

ServiceCharges
Trading Account Opening Charges (One Time) Rs 300
Trading Annual maintenance charges (AMC) Rs 0
Demat Account Opening Charges (One Time) Rs 0
Demat Account Maintenance Charges (AMC) Rs 540 yearly (charged as Rs 45 per traded month)

5Paisa Trading Brokerage Charges

Segment Brokerage Fee
Equity Intra-day Rs 20 per trade
Equity Delivery Rs 20 per trade
Equity Futures Rs 20 per trade
Equity Options Rs 20 per trade
Commodity Futures Rs 20 per trade
Commodity Options Rs 20 per trade
Currency Futures Rs 20 per trade
Currency Options Rs 20 per trade

Visit 5paisa Brokerage Charges Review for more detail.

Special Offer:

5paisa Online Account Opening

5paisa's 2-in-1 account (demat + trading account) gives its customer an option to invest and trade in the stock market as well as in mutual funds. If you are looking for only Mutual Funds as investment options, a separate Mutual Fund Account is available.

5paisa offers completely paperless account opening based on Aadhaar. If you have Aadhaar number and your Aadhaar number is mapped to correct mobile number, the account opening process is really fast. After completing the online application, the online trading accounts get activated in few hours.

You could also download the application form, print it, fill it up and send it to 5paisa Mumbai office to open the account.


5paisa Trading Software (5paisa Trading Platforms)

The 5paisa Trading Platform is built on IIFL's trading platform which is being used by many customers over last 2 decades. The trading platform of 5paisa is available on mobile app, browser (web) and install-able desktop trading application (Exe).

5paisa Trading Software

  1. 5paisa Mobile App

    The 5paisa mobile trading app offers trading at BSE/NSE and Robo Advisory on the go. Customer can download this free app from Google App Store or Apple App Store. The simple intuitive app can be used to buy stocks, trade in stock and currency futures & options, invest in mutual funds, etf's and bonds ect.

  2. 5paisa Web Trading (5paisa.com)

    5paisa has a powerful trading website (www.5paisa.com) which can be accessed from any available web browser on computer, laptop, mobile devices or tablets. The website (also called 5paisa Trader Station) offers all trading and investment options under one domain.

    The web based trading platform is well integrated with payment gateway and banks for instant fund transfers.

  3. 5paisa Trade Terminal

    5paisa installable trading terminal is designed for frequent traders who need advance trading tools. The desktop application offers real time data, advance charts for intraday and historic stock prices.

    Variety of keyboard shortcuts are available to monitor the market on real-time basis and place orders faster.

 

Visit 5paisa Trading Software Review for more detail.

Contact 5paisa / Request Call Back

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5paisa Pros and Cons


5paisa Pros (Advantages)

The following are the advantages of 5paisa. You must read 5paisa advantages and disadvantages before opening an account with 5paisa. 5paisa pros and cons help you find if it suits your investment needs.

  • Promoted by the IIFL promoters. IIFL is a premier non-banking financial institution in India with experience of over 2 decades.
  • Choose from 3 Subscription plans as per your trading needs.
  • Free trading platform including mobile app, website and desktop trading terminal. No software charges.
  • Offers free technical, derivative and fundamental research & advice to customers for additional cost.

5paisa Cons (Disadvantages)

The following are the cons of 5paisa. Check the list of 5paisa drawbacks.

  • Doesn't offer 3-in-1 account.
  • Very high demat debit transaction charges. They charge Rs 25 or 0.025% in Optimum plan.
  • Higher exchange transaction charges in competition to other discount brokers.
  • Call & Trade is available at an additional cost of Rs 100 per call in Optimum plan. The customer can place any number of trades in one call for Flat Rs 100 fee.
  • Research & advisory services are not available in Optimum Plan.
  • 5Paisa doesn't offer NRI Trading services.

5paisa Capital Ltd Enquiry Form

5paisa Margin / Exposure

5paisa leverage for intraday, delivery, options, currency and commodities.

SegmentMargin
Equity DeliveryUpto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
Equity IntradayUp to 20x
Equity FutureIntra-day: 3.5x | Carry forward: 1x (no margin)
Equity OptionsIntra-day: 1x | Carry forward: 1x
Currency FutureIntra-day: 1 time | Carry forward: 1x
Currency OptionsIntra-day: 1x | Carry forward: 1x
Commodity Future
Commodity Options

Visit 5paisa Margin Review for more detail.


5paisa Ratings

Overall Rating Rated 2.6 stars 2.6/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 3.7 stars 3.7/5
Usability Rated 2.7 stars 2.7/5
Customer Service Rated 2.1 stars 2.1/5
Research Capabilities Rated 1.8 stars 1.8/5

Based on 74 Votes by 5paisa Customers

Do you trade with 5paisa? Rate 5paisa


5paisa Complaint

The number of 5paisa customer complaint received by the exchanges. The 5paisa consumer complaint report helps understanding the 5paisa Capital Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints**
NSE 2020-21 793,518 465
BSE 2020-21 70,969 7
NSE 2019-20 434,036 199
BSE 2019-20 70,767 18
NSE 2018-19 101,043 96
BSE 2018-19 24,382 14
NSE 2017-18 36,034 41
BSE 2017-18 19,545 28
NSE 2016-17 3,652 2
BSE 2016-17 432 1

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit 5paisa Complaints at BSE, NSE and MCX for detail report.


5paisa Short Selling

  1. Equity Futures & Options - 5Paisa allow intraday and overnight short selling in F&O segment.
  2. Equity Cash - 5Paisa allows short selling only for Intraday, but not for overnight positions. Short selling is available in all groups except z category or T2T script.

5Paisa.com Membership

  1. 5Paisa SEBI Membership: INZ000010231
  2. 5Paisa NSE Member ID: 14300
  3. 5Paisa BSE Clearing Number:: 6363

Frequently Asked Questions

  1. 1. 5paisa.com Kya Hai?

    5paisa.com ???? ?? ????? ???? ???? ?????? ????????? ????? ?????? ??? ?? ???? ????? ?? ???????? ??? ??? ?????? ???????? ?? ????? ?????? ???? ??? ?? ???????? ?????????? ?? ????? ????????? ?? ???? ??????? ??? ?? ?????? ?? ????????? ???? ?? ?????? ???? ???

    5paisa.com BSE ?? NSE ??? ???? ?? ??????? ??? ???????? ?? ??? Rs 10 ????? ????? ???????? ?? ????? ???? ???

    5paisa.com IIFL ???? ?? ?????? ?? ?? 1995 ?? ????? ???????? ??????? ??? ???

     

  2. 2. What is 5paisa Capital Limited?

    5paisa is one of the leading online discount brokerage firms in India. The company is known for its low brokerage trading services. Apart from trading, 5paisa also offers online mutual funds, IPO applications, personal loans and insurance.

    5paisa Capital Ltd started its operations in March 2016. The company got listed on stock exchanges in Nov 2017. IIFL founder Mr. Nirmal Jain and Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax Financial Holdings) are among the major stockholder in the professionally-managed publicly-traded company.

     

  3. 3. Who owns 5paisa?

    5paisa Capital Ltd is a publicly-traded company which is managed professionally. The company got listed on BSE and NSE stock exchanges in Nov 2017. As of Jan 2020, two promoters of the company (Mr. Prem Watsa (founder, chairman, and chief executive of Fairfax India Holdings) and Mr. Nirmal Jain.) are the major stack holders.

    A professionally managed company is run by the professionals who are also an employee of the company (not the owner). These professionals may or may not have any significant stake in the company.

     

  4. 4. How is 5paisa for trading?

    5paisa is one of the leading names in the discount broking industry. The company is known for its low brokerage plans, good online trading software, research and advisory services. It has over 1.5 lakh retail customers and is registered with SEBI, CDSL, BSE, NSE, MCX and NCDEX.

    5paisa is among fastest growing stock brokers in India. Their no-frill stock and commodity trading services are simple, fast and low-cost. 5paisa mobile trading app is their most popular trading tool. They also offer direct mutual funds which gives an additional of 1 to 1.5% yearly earning.

     

  5. 5. How good is 5paisa?

    5paisa is among the top discount broker in India. The company offers online stock broking services to its customers. Key features of 5paisa services include:

    • Online trading at BSE, NSE and MCX
    • Online Mutual Fund investment (Direct & Regular MFs)
    • Flat Rs 20 per executed order brokerage
    • 3 different brokerage plans available
    • Offers good online trading platforms (mobile app and website)

     

  6. 6. What is brokerage at 5paisa.com?

    5paisa offers 3 brokerage plans to its customers - Optimum, Platinum and Titanium. The brokerage fee varies as per the chosen brokerage plan.

    5paisa Brokerage Scheme

    Brokerage Plan

    Monthly Charge

    Brokerage Charge

    Optimum

    None

    Rs 20 per order for all Segments

    Platinum

    Rs 499 per Month

    Equity Options Rs 2 per lot, Others Flat Rs 10 per order

    Titanium

    Rs 999 per Month

    Equity Delivery: Free

    Equity Options: Rs 2 per lot

    Others: Rs 10 per order

     

  7. 7. How to open 5paisa account?

    5paisa offers a 2-in-1 account including a trading and a demat account. Both trading and demat accounts are required. The account can be opened instantly if you have an Aadhar card linked to your phone number. To open a 5paisa account online, you need a PAN card, Aadhar Card, Photo and a Cancelled Cheque. Here are steps to open 5paisa account:

    • Request a callback from 5paisa sales team or visit 5paisa.com
    • Enter your mobile number on the form available on the home page
    • Fill in the details required like personal information, bank details
    • Upload documents
    • Pay the account opening fees online
    • E-sign on the form

    If all the submitted documents are in the correct order, your account is activated in 2 days. A welcome email is sent to the customer with login credentials.

     

  8. 8. How to invest in 5paisa.com?

    To invest and trade with 5paisa.com, you need to open a 2-in-1 (trading & demat) account and link it with your savings bank account. 5paisa offers a paperless online account opening.

    Once the account is opened, you can invest or trade in Stocks, Futures & Options, Commodities and Currencies across exchanges. 5paisa customers can trade at any time using a mobile trading app or its website 5paisa.com.

     

  9. 9. Is 5paisa legit?

    Yes, 5paisa is a legit stock brokerage company formed under the Company Act and registered with SEBI, CDSL, BSE, NSE, and MCX. 5paisa Capital Ltd is regularly audited by regulatory bodies and exchanges. Below are 5paisa membership ids:

    • 5paisa Capital Ltd CIN: L67190MH2007PLC289249
    • Stock Broker SEBI Registration No.: INZ000010231
    • SEBI RA Registration No.: INH000004680
    • CDSL Member ID: IN-DP-192-2016
    • AMFI Registration No.: ARN-104096,
    • NSE Member ID: 14300
    • BSE Member ID: 6363
    • MCX Member ID: 55945
    • Investment Adviser Registration No: INA000014252

     

  10. 10. How to use 5paisa mobile app?

    The 5paisa mobile app can be downloaded from app stores of your Android or iPhone. Visit the app store and search for '5paisa' and download the app with the name "5paisa: Stocks, Share Market Trading App, NSE, and BSE". Login using your 5paisa account ID and password. You could add stocks of your interest in the watchlist and place buy/sell orders.

     

  11. 11. How to close 5paisa account?

    If you are not using your 5paisa trading and demat account, it is suggested to close it to avoid AMC changes and misuse of the account. Note that the account closure process is not online. You have to download a paper form, print it, fill it, sign it and send it to 5paisa.

    Steps to close 5paisa account

    1. Call 5paisa or email at support@5paisa.com to inform.
    2. Download the 5paisa Account Closure Request Form.
    3. Print, fill and sign the forms as per instructions.
    4. Send the paper form to the address provided.

    Note:

    • Close all open F&O positions and sell or transfer your demat holdings before sending the closure form.
    • Clear all dues in your account i.e. AMC.
    • Keep a copy of the filled form you sent for reference.
    • Make sure to follow-up for account closure.

     

  12. 12. Is 5paisa and IIFL same?

    5paisa and IIFL Securities are two different stock brokers though they are promoted by the same person Mr. Nirmal Jain. Both 5paisa Capital Ltd and IIFL Holdings Ltd (formerly India Infoline Ltd) are publicly traded companies listed at BSE and NSE.

    IIFL Holdings Ltd was incorporated in 1996 as India Infoline. It started as a stockbroker and soon become a diversified financial service provider. IIFL Securities is a subsidiary of IIFL holdings. IIFL Securities is a full-service stockbroker offering a wide range of financial services including trading and investment in equity and commodity.

    5paisa Capital Ltd was incorporated in 2016 as a discount brokerage arm of IIFL Holdings. In 2019, the company was demerged and got listed at the stock exchanges. It is now an independent entity that has very little to do with IIFL.

    IIFL and 5paisa comparisons

    IIFL Securities

    5paisa Capital

    Full-service broker

    Discount stock broker

    Offer a wide range of product and services

    Mainly a stock broker.

    Charge a very high brokerage for its services.

    Charge ultra-low brokerage rate of Rs 20 per trade and brokerage free equity delivery.

    In-house research team offering tips and recommendations

    No in-house research capabilities. It uses IIFL services in this area for an additional fee.

    Offer NRI Trading account

    Doesn't offer NRI Trading account

    Inhouse team to build and maintain trading platforms.

    It uses the IIFL IT infrastructure.

     


142 Comments

Chidanand
142. Chidanand  Jan 20, 2021 16:31 I Like It. | Report Abuse Reply 0
Worst Mobile and web applications. If you want to modify order you cant do that, by the time it responds and modify you will be in hell. I only faced losses that is because of their technical glitches. Customer care doesn't available some time.
For call to customer queries they will charge 100 rupees by trading department.

My suggestion avoid 5paisa.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Worst
Research Capabilities - Very Poor
Customer Service - Worst
Overall Experience - Worst
Chidanand
141. Chidanand  Jan 20, 2021 16:04 I Like It. | Report Abuse Reply 0
%Paisa Mobile application hangs and not responds correctly. By the time it responds the trader will be in hell. worst experience. Avoid 5 Paisa. There browser application also not refreshes and some time you feel it is dead. Wrong calculation in trade account....unnecessary money cut in my account. Very bad experience with this broker.
I Will not be suggest to anyone use 5 paisa.com

They charge 100 rs. for any clarifications with trading related queries. worst experiance.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Worst
Research Capabilities - Don't know
Customer Service - Worst
Overall Experience - Worst
VIJAY KUMAR SHARMA
140. VIJAY KUMAR SHARMA  Dec 4, 2020 22:56 I Like It. | Report Abuse Reply 0
mera sabhi mitro se anurodh hai ki 5 paisa plate form se apna paisa jitni jaldi nikal le utne ap surakshit hai kyo ki inhone mere sath galat auction bill laga kar delivvery ke share par auction bill lagakar mere khate se 64000 rupaye kat liye or mera account me 790 par chalne wala share shri ram transport ko 893 rupaye ka bill lagakar mere account me 09 november ko bill post kar diya or baki bache sabhi share aquare off kar diye or to or jo 893 me 251 shri ram transport auction me diye wo aj tak delivery me bhi nahi mile me 09 nov se aj 04 december tak ghanto lagatar inke custmer executive se bat kar raha hu jab bhi call karo to har bar naya banda use apni kahani bao fir kal jisse bat hui uska nam batao call hold or fir sir ankit ji /imtiyaj ji /bhavna mam/ rohit etc yanhi lagbag 15 bando se bat kar chuka hu koi bhi uplabdh nahi sir ji me call back arramge kara dugi par koi bhi call back ahi
sabhi se anurodh hai ki jitni jaldi apna paisa bacha sakte ho bacha lo mera 2.5 lack rupaye inke pass fasa hai or aj ek mahina ho gaya koi responce nahi...ap sabhi log plz bachiye is FRAUD COMPANY SE
Sandeep Kunte
140.1. Sandeep Kunte  Jan 8, 2021 10:16 I Like It. | Report Abuse 0
Mujhe bhi kuch samaj mai nahi aa raha hai ki maine 14000 5 paisa mai add kiye the. Kuch share kharidne ke bad. Ab mujhe minus 3450 bata raha hai.hai kaise kuch samaj mai aaya nahi.
Ashish Singh
139. Ashish Singh  Jan 7, 2021 14:03 I Like It. | Report Abuse Reply 0
Don't use their application there are loop holes in their account user can add funds after account closing also the transferred money is not reflecting to their side they said that is it guidelines given by SEBI when asked.
dheeraj
138. dheeraj  Dec 29, 2020 08:47 I Like It. | Report Abuse Reply 0
DON'T USE THIS SERVICE.THEY PROVIDE VERY BAD SERVICE .I LOST MY DIVIDEND DUE TO 5 PAISE
neeraj
137. neeraj  Apr 16, 2020 23:37 I Like It. | Report Abuse Reply 0
hlo frnd,
maine aapke review pade jisme bahut si negative baat likhi hai but aisa kuchh nhi hai.abhi lock down ki vjh se problem aa rahi h.
mai 5 p ka 2 years se customer hu aaj tak aisa kbhi nhi hua.
so lockdown hatne ka wait karo.
Nirmal
137.2. Nirmal  Jul 1, 2020 15:24 I Like It. | Report Abuse 0
How to use margin in intraday...plz make me clear
Apoorv singh
137.3. Apoorv singh  Dec 21, 2020 13:50 I Like It. | Report Abuse 0
Hey I am having a coupon got on phonepe where you can buy rs 250 stocks for free if anyone wants it please tell me ....
Elizabeth Ruth
136. Elizabeth Ruth  Dec 18, 2020 06:51 I Like It. | Report Abuse Reply 0
Many traders find it very difficult to withdraw there funds with many brokers, i have been able to find solution to retrieval of funds from any broker including your bonus ,It would help very much to know the name of the binary options company and some details of how they scammed you. Be extremely careful of any unsolicited " Mr. Adam Wilson, can help you recover funds" There have been a lot of "Recovery Room scammers" here. Kindly get in touch at, adamwilson. trading @ consultant. com, and he will guide you on how to get back your lost funds within 72hours.
D C
135. D C  Dec 15, 2020 06:53 I Like It. | Report Abuse Reply 0
Inexperienced customer care, for sure you will suffer at some point of time if you go with 5paisa.
Don't go with this.
nfsadslk
134. nfsadslk  Dec 6, 2020 13:46 I Like It. | Report Abuse Reply 0
kindly avoid there are better broker who provide a good service better than this, a lot of misguidance by there call center executives who don't even know common knowledge of industry.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Bhagwati
133. Bhagwati  Dec 5, 2020 19:35 I Like It. | Report Abuse Reply 0
5paisa make fraudulent rule®ulations if any clients starts profits, it imposed manipulate rule to throw out to clients from market, bogus service and late update real time data in application. Stop loss square of unanimously &wrongly execute order
Kartik
132. Kartik  Dec 5, 2020 14:29 I Like It. | Report Abuse Reply 0
I have paid version of 1100 i get rs 10 brokerage on equity and rs 2 on f&o plus rs1000 worth of free brokerage cash back and premium of swingtrader for better analysis i am happy with the platform plus resently they added new advance chart analysis system.They also give regular updates on mobile app.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
samarth shah
131. samarth shah  Jul 10, 2020 14:12 I Like It. | Report Abuse Reply 0
5paisa is a fraud company. Please dont open account in 5paisa. They have created auction entry for short sell though i sold my holding as i have delivery in my account Now they are not giving my amount back to me
Ashish Shah
130. Ashish Shah  Dec 1, 2020 20:32 I Like It. | Report Abuse Reply 0
looters, fraudsters till they don't return money..... they confirm not to deduct money and keep deducting..... and never call or give feedback that u are not using and we are deducting some plan which we only forced you to take on confirmation to discontinue after one month

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Mohit Bhatia
129. Mohit Bhatia  Jun 3, 2020 12:33 I Like It. | Report Abuse Reply 0
Please don't use this app, fraud company I have transferred 2500 in 5paisa account and they are showing -7000 apx, without any trading, even i have raised tickets but they closed my tickets, i send email but they are not replying. Many times i called but they are not responding. From last 2 months i tried to followup but still no one interested. Tickets number : (3598596), (3577966), (3542726), (3514238).
Fake 5paisa fraud
ruta
129.1. ruta  Dec 1, 2020 20:27 I Like It. | Report Abuse 0
Scamsters and fraudsters
ruta
128. ruta  Dec 1, 2020 20:26 I Like It. | Report Abuse Reply 0
they will activate some plans to individual basic traders/investors who are very small and after confirming on call to deactivate they keep on debiting 600 rupees every month when there is nothing in your account they are liers..... small investors who are already in loss why the hell they want so expensive plans if they dont have very miniscule amount of 20-30K to invest, than also these scamster force you take plans and post confirming they dont act and you dont see and they continue debiting .... also they debit on last day of the month itself for preceeding month... who gave them this authority.... is SEBI sleeping.... please never open account with these frauds and make sure to not get any plans of them or others and as soon as they try force sell immediately complain to SEBI dont stay back
Aishwarya Shukla
127. Aishwarya Shukla  Nov 8, 2020 00:39 I Like It. | Report Abuse Reply 0
Loved the overall app experience and charges are reasonable.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
king
126. king  Oct 31, 2020 18:51 I Like It. | Report Abuse Reply 0
bad

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
kluvss
125. kluvss  Oct 31, 2020 18:50 I Like It. | Report Abuse Reply 0
no

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
O P AGARWAL
124. O P AGARWAL  Oct 23, 2020 12:03 I Like It. | Report Abuse Reply 0
THEY DONT ALLOW TO TRADE WITH YOUR ON MONEY.THEY PUT IMAGENERY AMOUNT AGAINST YOUR EAR BALACE.ORDERS GET REJECTED WITHOUT ANY JUSTIFICATION.CUSTOMER CARE INFORMS THAT THEY CANT SEE TODAYS FIGURE.BETTER TO FIND ANY OTHER BROKER.

Ratings:

Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
V Rakesh
123. V Rakesh  Sep 14, 2020 18:10 I Like It. | Report Abuse Reply 0
5paisa broker is a bit dangerous. Dont loose your capital here. Let me explain my experience. I have 1000 Bharti Airtel Stocks in my portfolio which I brought 3 days before i sold. I sold it at 532 INR. After a week they consider these stocks as a short selling and debited money for under Action. Also they dump that 1000 stocks without any further information, since the price drop to 470 INR. Lost around 80k because of this idiots. I talked to backend team, who are well trained to keep their mistakes on our heads. Actually there is no short selling in equity delivery in this App. So be careful. Their answers are very careless. Stick with Zerodha, your capital will be safe.
Tonispaul
123.1. Tonispaul  Oct 16, 2020 08:32 I Like It. | Report Abuse 0
It is True. There are a lot frauds in the 5paisa.com. Be careful. Run away from the company.

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