5Paisa is the only discount broker in India that offers a trade for a flat fee of just Rs. 10.
Updated: April 15th, 2019
You can calculate how much money you can save every year with 5Paisa if you trade on a regular basis.
5Paisa also has an extremely fast and paperless account opening process that I would explain at the end of the article.
0% on stock delivery – ZERO brokerage on long term investments.
Flat Rs. 10 per trade (for day trading).
5 Paisa Demat Account Charges
|Stock Intraday Trading||Rs. 10 per order|
|Stock Delivery||Rs. 10 per order|
|Stock F&O Trades||Rs. 10 per order|
|Currency F&O Trades||Rs. 10 per order|
5Paisa Demat account can be opened with a registration fee of Rs. 650 (non-refundable)
Annual Maintenance Charges – Rs. 400 (first year free)
Tips & Tricks to Waive Off 5Paisa Account Charges
Deposit Rs. 50,000 as margin just after activating your account. Keep the margin in your account as cash or stock. Make sure you make at least one trade within 30 days.
You would get your registration fees refunded after 30 days.
Your registration fees would be waived off if you buy “Smart Investor” at the time of account opening.
Open the account and start learning trading & value investing.
If you want to get stock investment ideas then you can consider buying “Smart Investor” from 5Paisa by paying Rs. 4999+GST.
Smallcase is a basket or portfolio of stocks/ETFs of companies with strong earnings momentum and bottom-up stories, that are likely to benefit in the current market scenario.
This will help you to lower your risk with diversification through multiple stocks. You will also get the complete ownership over the portfolio, unlike mutual funds where you get fund units.
You can easily change the investment amount in “Smallcase” at any time. Plus you can sell the Smallcase fully or partially as per your will.
Swing Trader tool focuses short term trading ideas for 1 day to 3 weeks, based on combined fundamental and technical analysis.
The tool provides regular recommendation updates based on the market movement. Short term traders can take the benefit to increase the odds of success.
|Equity Intraday Trading||Up to 20 times|
|Equity Delivery Trading||Up to 3.5 times|
|Equity Futures Intraday Trading||3 times|
|Currency Futures||1 time|
5Paisa Trader Station is a trading website which you can use from any available web browser on a computer, laptop, mobile devices or tablets.
You can do all trading and investment on 5Paisa Trader Station.
Trade Station EXE is an installable trading terminal best for frequent traders who need advanced trading tools. The application offers real-time data, advanced charts for intraday and past stock prices for comparision.
5Paisa mobile trading app offers to trade at NSE/BSE and robo research & advisory on the go. You can use the 5Paisa app to buy stocks, trade in stock and currency futures & options, invest in mutual funds and bonds.
Algo Trading executes your trading orders automatically based on predefined parameters such as time, price, and volume.
How to Open an Account with 5Paisa
The account opening process was completely online and paperless. I was able to complete all the documentation within 15 minutes.
I have submitted the basic information using the above link and received a call from their account support team.
Wait for the call from 5paisa after account signup. They helped me go through the process but you can do it yourself as well.
You only need a digital copy of the following documents.
You can simply click a photo of your documents from your mobile.
After uploading all your documents, you would get the option to select the plan.
Note: I opened the account in Rs. 550 but they have revised their account opening charges to Rs. 650 now.
Click Basic Plan if you don’t want to buy “Smart Investor”.
PRO TIP: You would lose a chance to save the registration fees if you are planning to buy the stock market advisory product at a later stage.
If you need “Smart Investor” type advisory help while trading or investing, then I would suggest you buy now to get the waiver of account opening fees.
I have paid registration fees using Paytm but you can choose any other mode of online payments.
5Paisa is best for starting level traders who need access to an easy platform for trading or high volume trader who want to save money on brokerage charges.