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Detailed Analysis and Review of 5paisa 2024

Rated 4/5 by InvestorGain Team
Last updated on: 11-Jan-2024
5paisa Capital Ltd Review
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5paisa Review 2024 - Quick Summary

5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its multiple brokerage plans charge a brokerage of Rs. 20 per order to the lowest brokerage fee of Rs. 10/order. It is the only discount broker that offers intraday trading tips, stock research on 4000+ companies, and portfolio advisory services.

5paisa Top Highlight for 2024

  • It has a basic regular plan of Rs 20 Flat brokerage for all trading segments.
  • 5Paisa Super Saver Pack offers the Zero brokerage on equity delivery and the lowest brokerage of Rs 10 per order for all trade segments.
  • 5Paisa YoungVestor account for 18-23 years age generations that offers no brokerage on any trading segments.
  • One and only discount broker that gives tips and researched analysis for 4000+ stocks.
  • Commendable customer review with 4.3 rating.
  • Quick Fund Transfer facilities through UPI.
  • Instant order execution.
  • Wide range of investment products – MFs, IPO, ETF, Stock SIP, US Stocks, Shares and Derivatives (F&O).
  • Advanced trading tools and products like : charting, indicators, drawing tools, direct trade from chart, customized dashboard, quick order window, multiple option strategies.
  • Best customer support services

About 5paisa

5Paisa is the best trading app and discount broker in India. It offers the cheapest brokerage plans for all trading segments and only Rs 20 flat brokerage for its regular plan. It also offers the best trading courses for free through which new beginners can learn the best trading skills and techniques at the live real-time stock market. In this trading app, you get a wide range of trading products like Stocks, Derivatives, Commodities, Currencies, SIP, Stock SIP, NCD, IPOs, Bonds, ETFs, etc. It is the only discount broker in India that provides you with the researched stocks and schemes.

5Paisa offers a free trading account and demat account to its users. For this, you need to visit the 5Paisa website and your trading account will be opened in 5-10 minutes. Different accounts and plans are offered: YoungVestor Account, 5Paisa PlusOne Account, Super Saver Packs and Regular Plan. You can decide the type of account and plan according to your convenience capability. Once you register with 5Paisa, you can access the Indian stock market where you have endless opportunities to invest and trade. Moreover, if you promote a 5Paisa demat account with your friend, then you can get the referral benefits through its refer and earn scheme.

The user-friendly interaction with advanced trading tools and products helps you to find the right entry and exit point in the stock market. The trading platforms are designed to minimize the risk and maximize the profit portfolio. Its trading platform can be used on different devices: for smartphones, you can use 5Paisa Trading App from the Playstore or iStore and for laptops and desktops you can use 5Paisa Trade Terminal or if you are web trader then you just need to log in to the 5Paisa website and manage your portfolio. All these platforms are equipped with AI-based high-tech trading features such as technical indicators, charts, drawing tools, option strategies, custom dashboard, multiple trading screens, optimized portfolio, algo trading, developer APIs, advanced order placements, fast execution, native languages, etc. With all these trading tools, you can create your trading strategies and execute them according to specific criteria.

To fully utilize the 5Paisa trading platform, you need solid practice and in-depth knowledge of the different trading tools and indicators. And to learn how to use the technical indicators and charting analysis, etc 5Paisa offer the free stock market course with certificate, market guide, blog and videos. That’s why 5Paisa is the best trading app for beginners.

5Paisa community portal brings all the traders to the same stage so that they can interact with each other through the question-answer session. On this portal, you will get the important announcements, strategies and latest updates regarding the Indian Stock Market. It also provides good customer support services to its clients so they can quickly resolve issues.

5paisa Promotion Offer

Current promotion offer from 5paisa for InvestorGain Visitors:

  • Flat Rs. 20 brokerage.
  • Free mutual fund account.
  • Best trading platforms, research, and advisory services.
  • Get Rs. 500 Brokerage cashback.
Open Instant 5paisa Account Now!
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5paisa Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 4/5

5Paisa offers various brokerage plans for its customers. In the regular plan, a flat fee of Rs 20 is charged for all trading segments. It also offers Super Saver Packs which are described as follows:

1. Power Investor Plan : The subscription fee for this plan is Rs 599 per month. In this plan, you get 50% discount on brokerage (Flat Rs 10 per order) for all trading segments. You also get the following benefits in this plan: 

  1. Researched over 4000+ companies
  2. Expert backed investment ideas and trade calls
  3. Portfolio Analyzer 

2. Ultra Trader Plan : The subscription fee for this plan is Rs 1199 per month. This plan offers the following benefits: 

  1. No brokerage charges for delivery of shares
  2. First 100 trades per month are free, thereafter Rs 10 per order is charged as brokerage fee
  3. Includes the features and benefits of the Power Investor Plan 

With this Super Saver Pack, you can save a substantial amount on brokerage fees. Click on the following link to select the plan:

5Paisa Super Saver Pack

5paisa Account Opening Charges

Trading Account Opening Charges: Free
Trading Account AMC: Free
Demat Account Opening Charges: Free
Demat Account AMC: Rs 300 PA

5paisa Brokerage Plan with closest competitors

Here we are comparing 5paisa with its 5 close competitors, who are currently market leader in brokerage industry.

Broker 5paisa Zerodha Upstox Fyers Paytm Money
Service Type Discount Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 20 Rs 20 Rs 20 Rs 20 Rs 20
Account Type 2 in 1 3 in 1 3 in 1 2 in 1 2 in 1
Equity Delivery Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower Free 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower NA
Currency Options Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA

Other Charges

  • Call & Trade Charges: Rs 100 per call(No limit of orders)
  • RMS Auto Square Off Charges: Rs 100 per call(No limit of orders)
  • Hidden Charges: No

For complete brokerage charges and trading plans detail please visit 5paisa Brokerage Charges.

Please refer unique and accurate 5paisa Brokerage Calculator

Type of Account offered by 5paisa

5Paisa offers different types of accounts to meet the different needs of users. Here you will find a brief introduction to each account: 

  1. Demat Account
  2. Trading Account
  3. Mutual Funds Account
  4. YoungVestor Account
  5. PlusOne Account
  6. Super Saver Packs

5Paisa Demat Account

5Paisa facilities you the opportunity to open a free demat account via the or the 5Paisa trading apps. This account is used to hold the securities (stocks, MFs, ETFs, IPOs, GSec, bonds etc.) in electronic form. And through this demat account, you can transfer your securities from one demat account to another demat account. The 5Paisa demat account is suitable for individuals, companies, partnerships, trusts, HUF or LLP (Limited Liability Partnership).

5Paisa Trading Account

The trading account is used for buying and selling shares, transferring money, and more. It plays an important role in connecting different accounts and stock exchanges. In Indian stock market, trading account is linked with Demat account and funds are also transferred to the exchange through the trading account.

5Paisa Mutual Funds Account

Opening a mutual fund account is a strategic move for investors who want to diversify their portfolio and achieve financial success. 5Paisa offers various MF schemes like Equity, Hybrid, Debt in Small Cap, Mid Cap and Large Cap. This 5Paisa MF account is completely free for investors and provides them with research-based stocks. The user-friendly platform provides seamless access to a wide range of mutual funds and you get comprehensive advice on MF from the experts.

5Paisa YoungVestor Account

This YoungVestor account is only available to the younger generation between the ages of 18 and 23. It is a completely free account with no brokerage fees for stock delivery, intraday orders and MF investments. This account helps the younger generation to expand their financial knowledge and improve their trading activities and market analysis. When the person turns 24 years of age, this account is automatically converted into a regular demat account.

5Paisa PlusOne Account

the 5Paisa PlusOne account is a special account for your partner. You can open this account free of charge online on the 5Paisa website. The brokerage fees are 50% discount (flat Rs 10 per order) on all trading segments. With this account, you don’t have to pay commissions when you invest in mutual funds, so you get an additional income of 1-2% every year. Open a 5Paisa PlusOne account by clicking on the link below: 

Link : PlusOne Account | 5paisa

5Paisa Super Saver Pack

With the 5Paisa Super Saver Pack you can save a lot on brokerage fees. This Super Saver Pack is available in two variants:

1. Power Investor Pack and

2. Ultra Trader Pack.

This Super Saver Pack offers you the following benefits:·      

  1. No brokerage fees for stock deliveries·      
  2. First 100 trades per month are free, thereafter you get 50% discount (flat Rs 10 per order) on intraday and F&O trading segments

If you wish to cancel this plan at any time and within 3 days, you are guaranteed a full refund.

How to open 5paisa Account online?

5paisa offers a hassle-free paperless instant account opening process on both the 5paisa web and mobile app. You can open a 5paisa Demat account in just 5 minutes.

  • Head to 5paisa website or app.
  • Open Account Now!
  • Now, enter a 4-digit OTP sent to your mobile number.
  • Verify your email by entering your email ID and the OTP.
  • Now, enter your PAN number and DOB as per PAN.
  • Continue to Digi Locker, a government authorized portal to fetch your documents.
  • Enter your Aadhaar number to continue with Digi Locker and verify with OTP.
  • Add your bank details including account number, and IFSC code, and click on the “verify” option.
  • Enter personal details like gender, marital status, educational qualification, occupation, and experience, and click on the “proceed” option.
  • Click on the “Take a Selfie” option and capture your photograph.
  • Upload or draw your signature, and press on the “save & continue” option.
  • Upload documents; PAN card, Address Proof, and income proof (only required to trade-in derivatives).
  • Click on the “Esign now” option, enter your aadhaar number, enter OTP, and then click on the “Verify OTP”.

Note: A notification will be displayed on the screen that you have completed the account opening form. Once your account is activated you will receive a confirmation and login credentials will be sent to your email and mobile number to access your 5paisa Trading & Demat Account.

Open Instant and Online account with 5Paisa in 15 mins.

Alternatives to 5paisa

 Demat Account
 Demat Account
 Demat Account
 Demat Account

5paisa Mobile App and Trading Platforms

Trading Platforms Rated 4/5

5paisa offers the best trading platform for web-based clients and smartphone users for Android and i-phone. Moreover, it also provides the algo trading feature and developer APIs. Here in this section, you will get the brief review of 5Paisa trading platforms.

5Paisa Trading App

You can download 5Paisa Trading App from Playstore or i-Store for free. This is a premium trading app from 5Paisa that gives you a smooth and seamless trading experience. The app’s small size and advanced trading tools make it the most compatible trading app. The features of 5Paisa trading App are defined as follows: customizable watchlist and ticker, robo-investment advisor, easy withdrawals, instant fund transfers, advanced trading tools, instant alerts, stock SIP, fundamental and technical analysis, advanced charting and drawing tools, pre-apply IPO, option chains, etc. Due to all these technologies, it has a good customer rating of 4.3 out of 5 stars.

5Paisa Trade Station Web

It is a web-based trading platform that can be accessed directly by entering the login ID and password. It has a user-friendly trading interface that is also suitable for newcomers. In this trading station, you get advanced trading tools and features such as advanced order placement, charting and drawing indicators, APIs, live real-time market indices and much more. For F&O traders, it also offers specialised option strategies and option chain indicators. You can also synchronise this web terminal with its trading app, so you can monitor your portfolio from a single screen.

5Paisa Trade Station V2

This is an invulnerable desktop-based trading platform. With this trading terminal, you can create multiple watchlists and workspaces to track your favourite stocks and stay up to date. You can execute multiple orders simultaneously by using the quick basket order and bracket order. The features of this 5Paisa Trade Station are combined snap windows, charts, advanced orders and much more. You can download this 5Paisa Trade Station by clicking on the link below: 

5Paisa Trade Terminal

Quantower Exe

It is an AI-based advanced trading platform that offers you a professional trading experience. With this trade terminal, you get a smart, user-friendly interface that displays multiple charts and watchlists on a single screen. Charting and analysis, options analysis and one-click order execution directly from the charts further enhance the trading features. For options traders, this trading terminal offers multiple options strategies. It is one of the fastest trading terminals from 5Paisa, which you can download from the link provided: 

5Paisa Quantower Exe

5Paisa Algo Trading

Algorithm-based trading works according to predefined rules, strategies and instructions. If the stock market meets certain conditions (which are set by the trader), the trade is executed automatically. In this way, human intervention can be reduced to a minimum. In addition, the trader does not have to spend too much time during trading hours. Algo trading is the most popular way of trading today and the features of 5Paisa's algo trading are – pre-built or customized strategies, integration of third-party decision systems, execution of orders within milliseconds with high efficiency, scalable architecture with low latency, etc.

For detail review of mobile app and download please visit 5paisa Trading Platform Review.

5paisa Trading Pros

  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

5paisa Trading Cons

  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

5paisa Customer Care info

5paisa customers can access customer support over the customer care helpline number or email ID to resolve their queries.

Final thought about 5paisa

Rated 4/5 by 27 users

5Paisa is the best discount broker in India and has a powerful trading application with the lowest brokerage fee plans. It is a trusted and secure broker for trading as it adheres to all the rules and regulations of SEBI and Indian stock exchanges. It offers free and quick account opening with a smart, user-friendly interface. With its Rs 10 brokerage plan, it gives great competition to the other brokers. It can be termed as the best trading app for beginners and experienced traders. For the young age group (18 to 23 years), it also offers the zero brokerage trading plan. For the novice traders it also lauches free trading course named FinSchool where they can get proper training of stock market analysis. It is the only discount broker that provide the researched based stocks and tips calls so investors get earn more profit.

Request call back from 5paisa

Last updated on: 2024-01-11


5paisa allows position conversion from intraday to delivery or vice-versa for free. You can convert intraday trade positions (MIS) to delivery (CNC) positions using the web platform. To do so, under the “Order” option, go to “Positions”, tap on Convert intraday to delivery, and your MIS positions will be converted to the delivery trades.

You must convert positions before 3:10 PM and before position conversion, you must check the margin availability.


5paisa allows customers to trade in shares/stocks, equity derivatives, commodities, and currency segment. You can trade with 5paisa using its mobile app, Trade Station Web, or by downloading the desktop terminal as per your preference.

  1. Log in to the 5paisa mobile app or website.
  2. Search and add the scrip of your choice in the watchlist.
  3. Tap on the “Buy/Sell” option.
  4. Select your choice of order type (MIS/CNC) and enter details like quantity and price.
  5. Confirm the details and submit the order.


Yes, 5paisa is a full-service discount broker that provides online trading in equity, F&O, commodity, and currency at Rs 20 fixed brokerage model and also offers research & advisory services. Customers can also invest in IPO, mutual funds, and US stocks with 5paisa.


5paisa Capital discount broker is a registered depository participant with CDSL (IN DP CDSL: IN-DP-192-2016) to provide Demat account opening services to customers. Customers can now open a free 5paisa Demat account by paying zero charges, and also charges reasonable maintenance fee of Rs 300 every year.


Yes, 5paisa is a safe, reliable, and trustworthy broker because it is registered with SEBI, BSE, NSE, and MCX exchanges. Nirmal Jain, who is also the promoter of IIFL holdings is a major shareholder in 5paisa broking house. This is the reason 5paisa despite being a discount broking house offers research & margin facilities. Further, the broker is neither involved in proprietary trading. 5paisa is also a publicly listed company which shares traded on the BSE and NSE.


TPIN is a six-digit number that is sent to your email and mobile number when you open your account with 5paisa after 2 days from the activation of your account. You can use this pin for authorizing the selling of securities from your demat account or to transfer shares from your demat account to 5paisa collateral account.


The process of selling securities is considered as unsettled funds from the time you place a trade order until the completion of the settlement period. Settlement of stocks takes two days from the following trade day, therefore, the sale technically does not complete. The value of stocks sold on the trading day is called unsettled trade value in 5paisa or any other broker.


Are you a beginner? If yes, 5paisa is a cost-savvy discount broker for you that charges a maximum of Rs 20/order brokerage fee irrespective of the trade volume. Not just the brokerage but also 5paisa provides expert-backed investment ideas, trading calls, and stock research to help beginners. Finschool free learning platform and blog center are also available for beginners' financial literacy and education.

Customers can open a free 5paisa trading and demat account and start trading on BSE, NSE, and MCX at the lowest flat brokerage. Beginners can also begin to their stock market investing journey by investing in direct mutual funds at zero commission or brokerage.


5paisa was launched in 2016 by Prakash Gagdani and Nirmal Jain and within a short span of time; multiple exchange trading, flat brokerage pricing model, best-class technologically advanced trading platforms, etc. make it one of the fastest-growing discount broking houses in India.

Currently, Fairfax India Holdings and Mr. Nirmal Jain are the major shareholders or promoters in 5paisa, who also have shareholdings in IIFL Holdings.


5paisa offers free account opening at Rs 0 charges but online trading with 5paisa is not free. The lowest cost discount broker charges Rs 20 flat fee on trading in shares, futures & options, commodities, and currency segments. The charges can be even lower to Flat Rs 10 per order in the Power Investor Pack and Ultra Trader Pack brokerage plan.

5paisa does not allow brokerage-free delivery trading, however, investment in mutual funds is completely free.


Get in touch with 5paisa customer support executives by raising an online ticket, writing a mail at [email protected], or call at the customer service helpline desk at 8976689766. The team of 5paisa customer care representatives resolves your queries in a decent turnaround time. The discount broker does not have a toll-free number.


VTT stands for “Valid Till Triggered” order which is similar to Good Till Triggered (GTT) order. 5paisa customers can place a VTT order by setting a trigger price and when the trigger price hits, the order is automatically placed on the exchange at the limit price. The unique feature of a VTT order is it remains valid or active until triggered thus, users don’t have to place it every day.
Customers can even place a 3-leg VTT order; one is normal trigger order, a target price order, and a stop loss order together. VTT orders in 5paisa are valid for a period of 1 year means you don’t have to track the market every day to buy or sell scrip at the desired price in the future.


There are multiple fund transfer modes to add money to your 5paisa trading accounts such as UPI, net banking, and NEFT/RTGS/IMPS transfer. UPI is the most convenient way to add funds instantly to your 5paisa account at zero charges.

Steps to add funds to 5paisa app using UPI

  1. Log in to the 5paisa mobile app.
  2. Click on the “User” option.
  3. Under the funds, click on the “Add Funds” option.
  4. Enter the amount and select “UPI” mode.
  5. Enter your virtual UPI payment ID address and click on Pay.
  6. Open the UPI app and enter your PIN to authorize the payment request.
  7. Once done, the 5paisa trading account will instantly reflect the amount transferred.


If you do not use UPI or want to transfer funds from your bank account to the 5paisa trading account then you can do it using the net banking payment mode. 5paisa allows net-banking fund transfer facility through 44 partner banks.

Steps to transfer funds in 5paisa account using net banking

  1. Log in to the 5paisa web or app.
  2. Under the user profile page, tap on “Add funds”.
  3. Enter the amount you wish to add and select “net banking”.
  4. It will redirect you to your bank’s website.
  5. Use your bank credentials to log in to your net banking account
  6. Authorize the fund's transfer request and the amount will be credited in 5paisa.

5paisa net banking payment gateway charges;

It charges Rs 10 payment gateway charges under regular and power investor plans when you chose to transfer funds directly from your bank to 5paisa account via the Net banking option. However, there are no charges in the Ultra Trader brokerage plan.


Withdrawing money from 5paisa is simple and available both on the website and mobile app. For withdrawing money from the 5paisa website, login to, then click on the amount beside mutual funds and click on the payout.

You can withdraw money from 5paisa trading account online in just a few steps. A customer can place a payout request upto 5 times a day.

Steps to withdraw funds from 5paisa app;

  1. Log in to the 5paisa app.
  2. Go to User.
  3. Tap on Withdraw
  4. Withdrawal balance will be visible on the app screen.
  5. Enter the amount you wish to withdraw, and tap on Withdraw.
  6. In case of multiple banks registered, select your preferred bank account you want to get money credited in.
  7. Funds will be credited into your bank account within 24 hours.

Steps to withdraw funds from 5paisa Trade Station Web;

  1. Log in to your 5paisa account on web platform.
  2. Go to Fund Ledger.
  3. Tap on Withdraw funds.
  4. Enter the amount to be withdrawn and proceed.


Yes, 5paisa is a full-service discount broker that provides intraday trading tips and extensive research reports on 4,000+ stocks. The team of in-house experts provides trading calls, advisory, and portfolio analytics services.


Are you an intraday trader then 5paisa can be a recommended discount broker for you due to multiple reasons such as follows;

  • Intraday trading (MIS) at flat Rs 20/order.
  • Save brokerage with Ultra Trader or Power Investor Plan to trade at Rs 10 per order.
  • Superfast trading technology platform including 5paisa app and Desktop Trading Terminal.
  • Advanced charting with a lot of indicators for technical analysis.
  • Intraday trading tips and calls.
  • Margin Trading facility.


BTST (Buy Today, Sell Tomorrow) is a short-term trading wherein stocks that you have purchased today are sold on the next trading session. 5paisa users can do BTST and STBT trades on its trading platforms. 5paisa analysts and experts also recommend stocks for BTST trading.


5paisa Capital Ltd User Reviews

49. Dhruba J Chakravorty Feb 20 2024 11:19:43 PM Reply
Worse customer experience


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
48. DEEPAK KUMAR MISHRA Sep 04 2021 02:52:48 PM Reply


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
47. Karan Feb 16 2021 10:28:52 AM Reply
Overall great app!


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
46. Ram Jun 26 2020 11:05:10 AM Reply
5paisa is the worst brokerage service provider. They entice you with low cost brokerage and trading account, but it is literal trap.

Once we put our fund, it very very difficult to take them out.

The customer service is worse than fish market service. No one cares or cordial towards customer.

They will reply us the same copy pasted message 100 times whatever way we ask them.

Also, there are lots of hidden charges, they will give some reason blaming NSDL or CDSL for the charges and will never reverse them.

I''m having sleepless nights trying to move my fund out of the trading account.

My advice is even if we pay extra Rs. 10 it is better to have good night feeling our hard money is in safe hands.
45. Subhash Chandra Jun 25 2020 06:05:41 AM Reply
1. The rate is not quoted on real time basis.
2. There is no levereage provided in all segments.
3. Bracket and cover order is not working in Index segment.
4. In ledger there is minimum balance to be maintained.


Brokerage - Above Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Below Average
44. Suresh Apr 29 2020 12:44:37 AM Reply
Most stupid web for trading


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
43. Raghavendra Shastri Mar 26 2020 12:58:29 PM Reply
Never ever get trapped in 5paisa trap. Very poor service even if you are a premium member. They will call you thousand times for selling their useless service once you get trapped they will ignore you like anything. You won't be able to trade as you like. Lots of hidden charges. No support at all. You will loose your money and they wont even address your concerns. There is no telephonic support at all they will ask you to send email and when you send email few days later you will receive an email stating that your issue is resolved and case closed. Nothing would be done. You will get only frustration and disappointment.

Stay away from these thieves.


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
42. viral Dec 29 2019 01:56:33 AM Reply
not good


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
41. Sunil Dec 09 2019 04:03:43 AM Reply
Worst experience. They charged me for the service i didnt even subscribed. When asked to refund, they didnt even care to respond, i had to close the account to come out of they clutches. Do not recommend 5paisa to anyone. They are bunch of cheaters


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
40. BIJENDER MISHRA Oct 23 2019 01:57:51 PM Reply
5 Paisa is a big fraud guys, can you just imagine, I transferred 1.25 lakhs from my ICICI Bank net banking on 22nd Oct 2019 , but this amount never got credited to my trading account. Big mental harassment they gave. I spoke to my ICICI Bank and they confirmed that amount has been transferred to 5Paisa account same time but still 5 Paisa team has not credited to my trading account. Spoke to their support 20 times, multiple mails sent to them but no reply. Whenever I call, they say "wait" our fund department will revert which they never did. I am super frustrated now and thinking to take legal action against them. Any of you have similar experience with them , please revert to me if so...