5paisa Review, Rating and Brokerage Charges


  • Share Trading & Robo Advisory in a single app.
  • First Free Year.
  • First 5 Trades Free.
  • No account opening charge for only MF clients.
  • Document Pickup Facility in 27 cities across India.
  • Regular SMS and email alert.
  • Referral scheme.
₹10-20 per Order*
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Some Important Key Points about this Broker:

Broker Name 5Paisa
Official Website Link https://www.5paisa.com/
Incorporated | Membership Details Year: 2007 | SEBI Registration Number : INZ000010231 | SEBI RA Regn.: INH000004680 | IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | CIN : U67190MH2007PLC289249 | NSE Member ID : 14300 | BSE Clg No : 6363
Registered Head Office Address Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604
Customer Care Number and Email +91 89766 89766, support@5paisa.com
Supported Exchanges NSE, BSE
CEO & Founders Prakarsh Gagdani, IIFL Group
Instant online A/C Opening ? Yes
Account Opening Charge ₹650
Annual Maintenance Charge ₹400
Equity Delivery Brokerage ₹20/trade
Equity Options Brokerage ₹20/trade
Equity & Future Intraday Brokerage ₹10-20 per Order*
Important Brokerage Plans All in 1-Investment Account, Mutual Fund Investment Account
Leverage | Exposure Details Get Leverage up to 15 times for Intraday and up to 8 times for Delivery
Commodity Brokerage NA
Free Equity Investment Yes
Allow Mutual Fund Investment ? Yes
DP Transaction Charge 0.00325% transaction charge on equity delivery, intraday; 0.0019% on futures & 0.051% on options
Available on Platforms Desktop, Browser, Smartphone (Android, iOS)
Research Reports | Intraday Tips Yes
Other Services Offered by Broker Open totally paperless account using your Aadhaar
Stock Market Education Tutotials Yes, Video tutorials and FAQs available
Currency Future Brokerage ₹10/trade
Currency Option Brokerage ₹10/trade
Daily Online Trades Reports Yes
Branch Offices NA
Call & Trade Charge ₹10/trade
Other Charges Details (if any) Delayed Payment Charges (DPC) is 18%PA
3-in-1 Account NA
Average Number of Active Clients 2264 (FY- 2017-18)
Latest Info. on Complaints % at NSE 2 complaints i.e 0.09 % of total Active clients for FY: 2017-18
Stock Market Yes
NRI Investing and trading Yes
IPO Facility Yes
Overall Score


  • One of the cheapest online brokers in India.
  • Paperless & Hassle-free online process.
  • Single platform to manage all your investments.
  • Free research also provided.


  • No fixed brokerage plans (neither monthly nor yearly).
  • No relationship manager for solving issues.
  • Too much time is taken for getting things done at times.


IIFL Holdings Limited was established in the year 1995 by Nirmal Jain, who is considered one of the most successful entrepreneurs in the economy niche. With the advancement of technology, IIFL decided to get into the dotcom business and launched an online trading portal in the year 2000. The same portal was relaunched towards the end of 2016 with a whole new model for online trading. 5paisa is best-known for offering the lowest rates of brokerage and is quite reliable as well, thanks to the backing of one of India’s leading financial services companies IIFL.

With a customer base of over 2.9 million across different segments of the trading business, 5paisa has a good understanding of its customer base with a great experience of the stock market. The 5paisa team is a young and talented team with a combination of financial professionals, engineers, tech geeks, market whizz, and many more. The whole team is dedicated to work hard and bring you a better experience online trading experience each and every day.

5paisa offers the best of research tools in the market such as an algorithmically generated list of the best growth stocks, stock ratings, stock evaluation with custom checklists and individual stock data, overall market conditions and a portfolio inclusive of select stocks chosen by various market experts.

You can choose to open either of the following accounts-

All in One Trading Account

This is a 2-in-1 type of account which allows you to open a Trading Account as well as a Demat Account. You also get the added benefit of a free Mutual Fund Account. All this comes with a completely hassle-free process, plus the transactions are seamless. This account will also give you an access to Robo Advisory (discussed below).

Mutual Fund Account

If you are not interested in trading stocks and are more interested in Mutual Funds Investment then you can go for this type of account.

Robo Advisory

You will get completely automated financial solutions using a cutting-edge technology of artificial intelligence and a team of Technical and Financial Experts. These solutions will cater to all your financial needs. This platform is not as complicated as it sounds and is quite easy to use.

Insurance Advisor

5paisa also offers an insurance advisor that will help you choose the best insurance agent among the various agents in the market. In order to avail this service, you will need to create a personal profile, enter details about your health & lifestyle and finally make your financial declarations.

Auto Investor

This is another advisor that has been programmed to understand all your needs and requirements for Mutual Funds investment. On the basis of your responses, it will help you choose the best of mutual funds and create a diverse portfolio.

Final Verdict-

5paisa is one of the most promising online brokers in India and the association with IIFL gives it a whole new sense of credibility. You can definitely rely on it when it comes to making an investment in the stock market or mutual funds, while also taking advantage of the advisory services offered by it. It provides a good platform to manage all your investments from a single platform and its perfectly suitable for trading rookies and beginners.

Broker's Rating by Users
[Total: 5 Average: 3.8]
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  • good ….

    but one problem in the 5paisa – Payin quick response but the time Payout is very late. i think this is big very bad in Payout time

  • there is no customer support, no customer care no. for resolving the issues. Trade in F&O Option chain not working. Very bed app.

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