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To answer this question, let’s find what a trader needs for trading.
Best trading tools – so you don’t have to worry when performing trades, the system should be fast, easy and must be available in different trading platforms, so you don’t miss any opportunity.
Higher margin – when doing day trading, the client need higher margin, as they are going to close the trade before EOD.
Low brokerage – as trader do very frequent trades on high volume so low brokerage is the best way to get the quick breakeven point.
5Paisa offers higher margin up to 33x for CO/BO, cover order and bracket order in a new trading app as well as trade station, low brokerage @ Rs 10 per executed order. So with above said, 5paisa has everything which traders are looking for.
Investors who take the position for long term or delivery based trades, flat fee of Rs 10 per trade is a good brokerage. However Zerodha, Upstox provide free delivery trade with similar features, so Investors can surely look for alternate brokers.
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