5Paisa 2025 – A Honest Unbiased Review

Earlier 5Paisa offered 3 different plans for different trading needs with a monthly subscription fee.

But now 5paisa charges the same brokerage as Zerodha, which is flat Rs 20 per trade. If you are a heavy trader then you can save up to 90% on brokerage charges with 5Paisa.

Save up to 90% on brokerage charges

Let’s assume you do monthly trading of 10,00,000 rupees with 10 trades (20 if we include the buying & selling side).

Comparison of the trading brokerage with ICICI Securities that charges 0.275% (0.55% if we include both buying and selling).

10,00,000 * 12 months * 0.55% = Rs. 66,000.

Comparison of the trading brokerage with Sharekhan that charges 0.10% (0.2% total on buying and selling)

10,00,000 * 12 * 0.2% = Rs. 24,000

Trading brokerage with 5Paisa that charges Rs. 20 per trade

20 trades per month * 12 months * 20 Rs. brokerage = 4,800 rupees only.

A Direct saving of up to 90% on brokerage fee

5Paisa has an extremely fast and paperless account opening process that allows you to get your account opened on the same day.

I will explain the 5paisa account opening process at the end of the article.

How is 5Paisa for Trading

5Paisa discount broker is good for high-value intraday trading. You will need to pay only Rs 20 per trade irrespective of the high trade volume.

Lower brokerage charges lead to smaller costs on high-value trades.

5 Paisa is the only publicly listed company in the discount broking space in India.

Services offered by 5Paisa –

• Stocks trading & investment
• Futures and Options trading
• Currency and Commodity F&O trading
• Mutual Funds & IPO investments
• NCD & ETF investments
• US Stocks Investment (in partnership with Vested Finance)

5Paisa Brokerage Charges Details

5paisa charges Rs. 20 brokerages for stock delivery and all other trading segments.

5Paisa brokerage charges are under:

5Paisa Annual Charges Details

5Paisa charge for demat and trading account opening – Rs. 0

Demat Annual Maintenance Charges as under-

Innovative Features of 5Paisa Products

#1. 5Paisa Trader Smith Service Review

If you want to get short-term stock investment ideas then you can consider buying “Trader Smith” from 5Paisa by paying Rs. 499 per month.

The features of Trader Smith:

• Model Portfolio

List of hand-picked stocks by the 5Paisa research analysts team.

• Idea List

An algorithmically generated list of top growth stocks having strong fundamentals and sound base patterns.

• Stock Evaluation based on CANSLIM Methodology

The CANSLIM evaluation method efficiently combines key stock information you need to validate your decision to buy or sell.

The method offers short-term (2 to 14 days) trading ideas that have a success rate of 60-65%.

• Market Analysis

Provides regular (daily & weekly) analysis of overall Indian market conditions. Market outlook also clarifies whether the current market environment is helping or hurting growth stocks.

#2. 5Paisa Smallcase Review (Innovative Alternative to Mutual Funds)

Smallcase is a basket or portfolio of stocks/ETFs of companies with set themes like – stocks with strong earnings, momentum stocks, or stocks with bottom-up stories. Themes are built by experts to likely benefit in the current market scenario.

5Paisa has partnered with “Smallcases”.

Smallcase helps you to lower your risk with diversification through multiple stocks. You will also get complete ownership over the portfolio, unlike mutual funds where you get fund units.

In small cases, you have the flexibility to change the investment amount at any time. Plus you can sell the Smallcase fully or partially as per your will.

#3. FnO360 Derivative Trading Platform Review

FnO 360 is a separate platform offered by 5Paisa for derivatives traders. You can access FnO 360 from within the 5Paisa trading platform – TradeStation Web.

As of now the FnO 360 is only available on the web-based platform only.

FnO360 offers real-time market data and tools to effectively analyze the market and trade swiftly. Tools include:

• Open Interest analysis
• Screeners
• Strategy charts & deeper market data
• Quick access to Positions & Order book

Other Features of FnO 360:

• Option Chain
• Bulk order placement
• One-click strategy placement
• Scalping facility

5Paisa Margin / 5Paisa Leverage & Exposure

What I Like About 5Paisa

• Paperless & fast account opening process
• Good customer care support
• Cheaper & fixed brokerage charges (no complexity)
• US Stock Investment
• Innovative Products – Trader Smith, FnO360 and Smallcases

What I Didn’t Like About 5Paisa

• Some traders faced server-down issues in the peak hours of trading
• Rs. 100 document handling charges
• No Demat & Trading account for NRIs

5 Paisa Trading Platforms Review

#1. 5Paisa Web Interface Review

5Paisa Trader Station is available on any PC, laptop, mobile device, or tablet. You can use the 5Paisa web interface with Chrome, Firefox, or Safari web browsers.

You can do all types of trading and investment on 5Paisa Trader Station.

You can see a consolidated view of your portfolio, positions, and holdings across equity & mutual funds.

#2. 5Paisa Desktop Application Review

Trade Station .EXE is an installable trading terminal on your desktop PC. The platform is best for frequent traders who need advanced trading tools.

The application offers a customizable interface, real-time market data, past stock prices for comparison, and advanced charts for intraday trading.

#3. 5Paisa App (Mobile Trading App) Review

5paisa mobile trading app is one of the best mobile trading apps in India as compared to all other stock broker’s mobile apps.

Small traders who want to trade on mobile phones must consider 5Paisa mobile app. The app functions are easily accessible and provide a great user experience.

The app gives direct access to trading 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 trading, and invest in mutual funds, IPO, and bonds.

#4. 5Paisa Algo Trading Review

Algo Trading executes your trading orders automatically based on predefined parameters such as time, price, and volume.

5Paisa offers Algo Trading Software that is:

• Easy to develop and use
• High performance with low latency
• Allows customization of strategy
• In-built readymade trading strategies
• Integrated risk management

My Experience With 5Paisa Account Opening Process

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 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.

Documents required (You can upload anytime after account application)

• Photograph
• Pan Card
• Aadhar Card
• Bank Proof – Personalized canceled cheque or passbook or latest bank statement (IFSC and MICR code required)
• Income Proof for Derivatives- (ITR / Latest 1-month Salary Slip/ 6 months Bank Statement)
• Specimen Signature (As per PAN card on a white blank page)

Note – You don’t have to sign any documents physically if your mobile number is registered with the Aadhaar Card.

Use Aadhaar-based document verification to open the account in less than 24 hours.

After uploading all your documents, you will get the option to select the plan.

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 Vs Zerodha Comparison

Best For

5Paisa is best for starting-level traders who need access to an easy platform for trading or high-volume traders who want to save money on brokerage charges.

FAQs

Is 5Paisa Trustworthy?

5Paisa Capital Limited is a SEBI-registered stock broker offering discount brokerages in India. 5Paisa is based in Thane, Maharashtra, and falls under the regulation of SEBI, NSE, BSE, and AMFI for various financial services offerings.

5Paisa is also listed on NSE & BSE.

Is 5Paisa good for beginners?

5Paisa offers a simplified and easy-to-understand brokerage structure for beginners. Their apps and trading platform is user friendly and easy to navigate.

Where does 5Paisa store my shares (demat account) and whether it’s safe or not?

Your shares are electronically held in your demat account. Your demat account is maintained with NSDL or CDSL.

Your stock broker is only the custodian. He will act as per your instructions on your behalf. In short, your shares are safely at NSDL or CDSL

Can I earn money from 5Paisa?

5Paisa is a stock broking platform that facilitates buying/selling of stocks. Your trading and investment skills will help you earn money. The platform will only assist you in making trades.

Check here the details of the 5Paisa Authorized Partner Program if you are looking for earnings through referrals.

What is the annual fee of 5Paisa?

Rs. 25 per month (Rs. 300 p.a.) is the annual maintenance fee charged by 5Paisa.

Who owns 5Paisa?

The major shareholders and promoters of 5Paisa are – Mr. Nirmal Jain and Fairfax India Holdings.

About Pardeep Goyal

I talk about saving & investing money. You would love my articles related to Credit Cards, Travel, Shopping, Tax Saving. I share transparently how I am making passive income from multiple sources online.