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Is Zerodha better 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.
Is 5paisa demat account good?
5paisa is one of the leading names in the discount broking industry. The company is known for its low brokerage plans, good online trading software, research and advisory services. It has over 1.5 lakh retail customers and is registered with SEBI, CDSL, BSE, NSE, MCX and NCDEX.
Which is better Zerodha or 5paisa Quora?
Zerodha is best broker in india compare to 5 paisa because Zerodha have been awarded the “Best retail brokerage firm in India for 2018” by the National Stock Exchange (NSE). Zerodha: Brokerage Rs. 20 or 0.1\% which is lower(intraday and delivery same brokerage).
Is 5paisa safe 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. It is audited regularly by the exchanges and has excellent compliance records.
Is 5paisa app safe or not?
Yes, 5paisa is a safe, reliable, and trustworthy stockbroker. 5paisa is promoted by Mr. Nirmal Jain, the founder of well know IIFL group (formally India Infoline). 5paisa is a professionally managed and publicly-traded company listed at BSE and NSE.
Is intraday free in 5paisa?
5paisa charges ZERO brokerage for Equity delivery trading, for equity intraday trading you will be charged the lowest brokerage i.e. – flat Rs. 20 per order.
How does 5paisa pay margin?
5Paisa gives margin funding facility on net buy basis in exchange approved securities and 5Paisa approved stocks. Customers need to give their consent to avail margin funding facility. Traders need to pay the margin upfront as per the exchange guidelines. Interest is charged by 5Paisa on the funding provided.
Can I delete my 5paisa account?
Whatever be your reason for closure, you can close your Demat Account with 5paisa at any time. You don’t have to pay any fees or charges for closing your Demat account. If you have a joint account then all the holders need to sign on the form for its closure.
Is 0zerodha better than 5paisa?
Zerodha Vs 5Paisa is one of the most sought out broker comparisons potential clients look forward to. And that is certainly obvious since both of these discount brokers are the most prominent ones in the country right now. Both have high values to offer in terms of brokerage, trading products, trading platforms, margin and more.
Which is the best Demat account in India?
Top 10 Best Demat & Trading Account In India 2020 (Review & Comparison) 1 1. Zerodha. Zerodha is the largest discount broker in India in terms of active clients, and has several offerings that make it lucrative for investors 2 2. Upstox. 3 3. 5Paisa. 4 4. Sharekhan. 5 5. Angel Broking.
How long does it take to activate 5paisa Demat account?
The account can be activated within one working day if all the information and documents are in place. Flat brokerage and free trading account with no margin money account. The same 5paisa demat account and platform can be used for investments in mutual funds and even buy insurance.
How much can I save by trading with Zerodha?
You can save up to 90\% as compared to other full-service stockbrokers if you trade in high volumes. The stock delivery trade is free at Zerodha. You will get the trading platforms with advanced charts and other tools for better technical analysis with Zerodha.