5PA

5Paisa

5Paisa Capital Limited

Flat ₹20 per order across all segments

Opening FeeFree
AMC₹0
Brokerage₹20 flat per order

About 5Paisa

5Paisa is a discount broker from IIFL Group offering flat ₹20 brokerage across all segments. It's listed on NSE and BSE, making it one of the few publicly traded brokers in India.

Key Features

Free account opening
Zero AMC
Flat ₹20 per order
Robo advisory
Mutual funds
Insurance products
Loans against shares
Research reports
IPO investments
Smallcase portfolios

Brokerage & Charges

Account Opening₹0 (Free)
Annual Maintenance (AMC)₹0 (Free)
Equity Delivery₹20 per order
Equity Intraday₹20 per order
Futures & Options₹20 per order
DP Charges (Sell)₹18.5 + GST per scrip sold

Trading Platforms

5Paisa Mobile App
5Paisa Web Trading
Trade Station (desktop)

Eligibility & Documents

Minimum Age18 years and above
Documents RequiredPAN Card, Aadhaar, Bank Account
Bank AccountAny Indian bank account

Pros & Cons

Advantages
  • Publicly listed company
  • Simple flat fee structure
  • Good for medium-frequency traders
  • Robo advisory included
  • Loans against shares
Disadvantages
  • Charges on delivery unlike others
  • Platform not as refined
  • Customer service issues reported
  • App can be buggy

Frequently Asked Questions

Yes, unlike Zerodha and Upstox, 5Paisa charges ₹20 per order even on equity delivery. This makes it less attractive for long-term investors who prefer zero delivery brokerage.

Yes, 5Paisa is SEBI registered and a publicly listed company on NSE/BSE. It's part of IIFL Group which is a reputed financial services conglomerate.

5Paisa offers auto-invest feature where you can invest based on your goals and risk profile. The system automatically suggests and rebalances your portfolio.

5Paisa offers loan against securities (LAS) where you can pledge your stocks and get up to 50% of value as loan. Interest rates start from 9%. Apply through the app or website.
5Paisa Demat Account
(4.3)
  • Opening FeeFree
  • AMC₹0
  • Delivery Brokerage₹20 per order
  • Intraday₹20 per order

SEBI registered broker


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Disclaimer: Investments in securities market are subject to market risks. Read all scheme related documents carefully before investing. Brokerage charges may change without notice. Please verify on official broker website.