Table of Contents
Is 5 paisa better or Zerodha?
For casual investors or frequent traders, Zerodha offers better pricing, trading platform, online tools, customer service, learning tools and overall better experience in comparison to 5paisa. The services offered by both brokers are very similar.
Is 5 paisa a good for trading?
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 Upstox or Zerodha or 5 paisa?
The brokerage of 5paisa ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Upstox ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Zerodha is rated 4.5, Upstox is rated 4.5 out of 5.
What are the hidden charges in 5 paisa?
5paisa Demat Account Charges
Sr | Services | Charges |
---|---|---|
1 | Annual Maintenance Charges (AMC) | Rs 540 (Charged at Rs 45 per traded month) |
2 | Debit Charges | Rs 12.50 per transaction per script |
3 | Credit Charges | Nil |
4 | Pledge creation | Rs 50 |
Process of transfer of shares from one Demat account to another
- Step 1 – The investor fills the DIS (Delivery Instruction Slip) and submits it to the current broker.
- Step 2 – The broker forwards the DIS form or request to the depository.
- Step 3 – The Depository will transfer your existing shares to the Demat account.
Who is owner of 5paisa?
Nirmal Jain
Nirmal Jain | |
---|---|
Known for | Founder of India Infoline and 5paisa.com |
Title | Chairman, India Infoline (IIFL Group) |
Spouse(s) | Married |
Children | 3 |
What is DP name of 5 paisa?
CDSL
5paisa is a depository participant (DP) of CDSL, one of the two central depositories in India.
What are the advantages of 5paisa over Zerodha?
On the other hand, a few notable advantages of 5Paisa over Zerodha is that they offer Research reports and robo-advisory to their clients, which Zerodha don’t. However, this facility by 5Paisa is offered only to its clients with higher plans.
What are the best 5paisa trading platforms?
5Paisa Trading Platforms Review: 1 5Paisa Trade Station Review: It is a browser based trading platform. 2 5Paisa Trader Terminal Review: It is a desktop based software and you need to install it in your system. 3 5Paisa Mobile App: One of its kind trading app from them not only allows to trade market, also has the Robo advisor in built.
What are the brokerage charges in Zerodha?
In terms of brokerage charges, Zerodha offers a zero brokerage for delivery equity investment & direct mutual fund investments. For all intraday, F&O, currency, and commodity trades across NSE, BSE, MCX, it offers a flat brokerage of Flat ₹20 irrespective of the trading volume.
Is 5paisa a good discount broker?
5Paisa entered discount broking industry very late but doing good business in comparison to other brokers. In this 5Paisa review, I’m providing more information about brokerage, trading platforms and other details. 5Paisa is a prominent discount broker based out of Mumbai. It started its operations in year 2016.