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5paisa Customer Reviews, Complaints and Feedback (Page 10)


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5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... 5paisa Review

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226 Comments

46. Arun   I Like It. |Report Abuse|  Link|September 4, 2018 6:18:28 PMReply
Does exactly what is the name,
Third Class service never open the account with 5paisa
I opened the A/c with 5paisa and with in one month submit the closure form for closing the A/c.
Reason:
1. DP Charges : They charged the DP charges on every transaction, while your transaction is on T1 day
and if you have 100 shares of xyz company and sell it at same time and your shares sells in 3 slots like 20, 30 and 50 (depends on exchange price trigger) then 5paisa charged the DP charges 3 times (29.5x3)
while as per the rule only single DP charge applicable on one demat exit.

2. Cheap customer care service.
3. If you have any problem related to your share transaction then they charged Rs. 100 for one call.
4. when I apply the Closure form they reject it after 25 days with out a valid reason again I need to submit the new Closure form but this time I complaint this with the CDSL and as well as SEBI.
and finally after 40 days my A/c closed after so many complaints with SEBI and CDSL.

and many more reasons
45. chandan kumar   I Like It. |Report Abuse|  Link|August 28, 2018 1:01:02 PMReply
dear 5paisa
=broakrge charge -good
=trading platform market open hone ke bad apene aap update ya blink krna chahiye, ye facilities nhi h aapme
=customer service aur customer satisfied ye aapme improve krna chahiye

@dear 5paisa sirf feedback aur rating karwane se kuchh nhi hoga jab tak aap customers ke problem solve nhi krte
aur aapke over all problem solve nhi krte
45.1. prashant prakash chavan   I Like It. |Report Abuse|  Link|August 28, 2018 2:00:04 PM
exactaly
44. mani   I Like It. |Report Abuse|  Link|August 7, 2018 4:24:52 AMReply
one of the worst company i cant understand margin calculation and i get profit 1k but my amount going( - )
high risk company to trade dont choose this company now time is 3 am i cant sleep bcz i lose my amount 10k with out my evidence this one of the worst company

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
43. ranjeet   I Like It. |Report Abuse|  Link|July 31, 2018 9:29:50 PMReply
5paisa capital is third class software Don't subscribe it, becoz very poor operating than other platform
other services are thired class like customer support, pay in & payout processing is harassment me and software operation make loss at the time when u book ur profit

Don't try it...unless u face the loss
42. Bhalchandra Patil   I Like It. |Report Abuse|  Link|July 30, 2018 12:44:09 PMReply
All is good apart from customer service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Above Average
Customer Service - Very Poor
Overall Experience - Above Average
41. Mayuri   I Like It. |Report Abuse|  Link|July 10, 2018 2:14:07 PMReply
1.      Mobile app is poor in comparison to Zerodha.
2.      You cannot add options scripts by using mobile app. You have to use pc.
3.      They don't show your buying price for profit or loss considers last day closing price.
4.      Fund addition is also slow if your bank is not in their internet banking list.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
40. Anand   I Like It. |Report Abuse|  Link|July 7, 2018 11:48:45 AMReply
1)The available funds which is being shown in website is different from that of in mobile app
2)Poor Customer service.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Average
39. Ganesh Tarate   I Like It. |Report Abuse|  Link|June 9, 2018 1:06:59 PMReply
5 Paisa Capital is good in provide research. But Has more brokerage in delivery option.

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Average
Overall Experience - Average
38. Mallikarjun   I Like It. |Report Abuse|  Link|May 27, 2018 5:33:32 PMReply
i added Money (25-May-18) to my trade account, after that I able to see updated money, but all of sudden when I see again that amount came to 0.
But when i tried to use that money for buying shares, margin is 0 unable to buy shares. They informed it will get update on 28. Why this much time require. By that time share price will get change. All our plans of investing will go to vain. And to ask my issues I can't be able to contact customer support too. It most of the time says busy and asked me to wait 20 min on phone. As a customer Iam facing lot of issues.
37. Deepak   I Like It. |Report Abuse|  Link|March 1, 2018 5:00:19 PMReply
Very poor support service.

They will chase you till you have not pay for account opening charges. After that you have to chase them

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average
37.1. Veerendra   I Like It. |Report Abuse|  Link|March 3, 2018 9:52:23 AM
I agree with that customer support is very poor. They don''t know which answer has to provide and how to find information. If you contact 3 customer you will get 3 different answer.

Apart from brokerage charges they will charge below charges as well. which I was not aware and not sure about if other company also charge.

Service Tax
STT
Stamp Duty
DP Charges
CDSL DP Charges
36. SAMIR BHAVANJI SAVLA   I Like It. |Report Abuse|  Link|March 22, 2018 1:15:57 PMReply
I am just annoyed & frustrated with the kind of service provided by 5Paisa, rather I can say there is no service at all, n number of times I have sent mails & chased again & again with no ownership from 5paisa at all, currently also, I have been chasing since last 5 days for IPO confirmation form but just no reply at all, I don't really understand why does 5paisa offer product to public if they do not have any service at all, there is no rating below 1 so I had to choose 1 otherwise service is just pathetic from start of my account opening, only until account was opened they were calling me frequently but after that it is just worst, also they promised to refund initial fees if I keep 25000 margin for first month but they did not keep their promise/offering, ending my feedback here as otherwise it would never end

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
35. abhinay singh   I Like It. |Report Abuse|  Link|May 13, 2018 7:07:18 PMReply
not a single thing i can say that i like about 5 paisa leverage not good, none of the cover orders brokerage also is not too low additional charges taxes apply each time desktop workstation known as trade station the most third class trading platform searching for some good point as compared to other brokerages

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
34. Shashi   I Like It. |Report Abuse|  Link|May 15, 2018 4:13:35 PMReply
they requested to open account free of cost ( they will reverse your rs. 650 after opening account).I was told that If I will keep a balance of 25000 or securities equal to 25000 for a month they will refund the account opening charges but now denying

Once you trap in their hands, they simply denies for reversal
This is my experience



Ratings:

Brokerage - Ok
Account Maintenance Fees - not refunding
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
33. Hitesh   I Like It. |Report Abuse|  Link|May 8, 2018 3:11:48 PMReply
5 paisa is conning to customer, they will ask you to open account free of cost ( they will reverse your rs. 650 after opening account)
Once you trap in their hands, they simply denies for reversal
This is my experience
In my case mr rajindar mob. 9650116009 has asked to open account at free of cost
Now their team is denying
I suppose to contact consumer court


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
33.1. Shashi   I Like It. |Report Abuse|  Link|May 15, 2018 4:04:26 PM
Yes you are 100% correct. They were told that If I will keep a balance of 25000 or securities equal to 25000 they will refund the account opening charges but now denying
32. Hitesh   I Like It. |Report Abuse|  Link|May 8, 2018 3:10:23 PMReply
5 paisa is conning to customer, they will ask you to open account free of cost ( they will reverse your rs. 650 after opening account)
Once you trap in their hands, they simply denies for reversal
This is my experience
In my case mr rajindar mob. 9650116009 has asked to open account at free of cost
Now their team is denying
I suppose to contact consumer court


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
31. Mahesh   I Like It. |Report Abuse|  Link|December 2, 2017 6:35:15 PMReply
I had open a account in 5paisa. Such a worst experience in customer support.
30. magesh   I Like It. |Report Abuse|  Link|March 13, 2018 3:57:56 PMReply
am not getting proper reply from customer care relating to my account,very bad response.During account opening they assured me 15 times exposure but they are giving 2 times false committments.
29. Karthik   I Like It. |Report Abuse|  Link|April 5, 2018 12:29:21 PMReply
There is no transparency between you and customer also customer service executives never taking care of customers issues. We are here to earn money for us but not for you. You should maintain genuine in your business.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
29.1. alex   I Like It. |Report Abuse|  Link|April 9, 2018 5:16:22 PM
What you are saying is true is it so... we are here to earn...you are saying that they wont give calls and they wont guide their customers in a good manner to get a profit
28. Sonu   I Like It. |Report Abuse|  Link|March 26, 2018 10:45:04 PMReply
Very bad Services all time from customer care sides. every time charged unnecessary charges Dp & late wrong payment charges. very very poor company it is looting clearly.


Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
27. BALASAHEB VADAK   I Like It. |Report Abuse|  Link|March 25, 2018 10:07:36 AMReply
There are many charges. DP charges, CDLS Charges etc. Small investors not getting that much profit as charges for maintaining account 5 paisa account.

Ratings:

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

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