5paisa is a low priced broker where you can invest with a flat fee of Rs. 10 per order. This pricing strategy could appeal to investors who trade large amounts on a regular basis and would like to save on the commission costs.
On 5paisa.com investors can open two types of accounts. For those interested in investing directly in stocks and mutual funds, there is the All in One Trading Account, which includes a trading and a demat account. For those only interested in investing in mutual funds there is also a mutual fund investment account which has no opening fee.
5paisa offers high technology trading platforms that are simple and easy to use. On the web platform investors can find real time price streaming, charting tools, technical analysis and much info on the history of the financial products. Customers of 5paisa can also trade via their mobile using the well-designed trading App.
Offer:
There is no charge per order for the first five transactions. Also, there is a refund on the new account opening fee if a balance of Rs. 2,500 is maintained.
How to open an account?
You can open a trading account in a few minutes on the 5Paisa website. You will be asked to fill in some personal details and attach a few compulsory documents like the Pan Card. The broker will then process the data and you will be able to trade within a few hours.
Where can you invest?
Benefits:
Who is 5paisa Broker?
5paisa.com is an online brokerage platform backed up by IIFL (formerly, India Infoline Limited) and offers trading services at low prices. It is headquartered in Mumbai and already has over 2.9 million customers.
