Is 5paisa legal in India?
Yes, trading with 5paisa is as safe as with other stock brokers in India. 5paisa is registered with SEBI, CDSL, BSE, NSE, and MCX, etc.
Which is better Zerodha or 5paisa?
The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. 5paisa is having overall lower rating compare to Zerodha. 5paisa is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5.
Does 5paisa charge monthly?
Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox (₹20/trade) Paytm Money (₹10/trade) 5paisa (₹20/trade) More Brokers...
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5paisa Ultra Trader Pack.
Segment |
Brokerage Fee |
Monthly Fee (Fixed) |
Rs 999 per month |
Equity Delivery |
Rs 0 (Free) |
Equity Intraday |
Rs 10 per executed order |
Equity Futures |
Rs 10 per executed order |
5 more rows
Is 5paisa demat account free?
To open a new Demat account with 5paisa, the customer may have to pay Demat account opening charges.
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5paisa Demat Account Opening Charges.
Service |
Charges |
Demat Account Opening Fee |
Rs 0 (Free) |
Demat Account Annual Charges (AMC) |
Rs 540 |
Mar 3, 2021