5paisa Review 2026
India Ka Favourite Discount Broker
About 5paisa
5paisa Capital Limited is a leading discount stockbroker incorporated in 2007 and is a publicly listed financial services company in India. The broker is registered with SEBI and is a member of NSE, BSE, and MCX, offering trading and investment services across multiple asset classes. With a technology-first approach and transparent pricing, 5paisa has become one of the preferred choices for retail investors seeking affordable online investing.
The platform enables investors to trade in equities, derivatives, commodities, currencies, ETFs, mutual funds, IPOs, bonds, and other financial products through a single account. It also provides Margin Trading Facility (MTF), Algo Trading, API integration, advanced charting tools, option strategies, Smart Investor features, and paperless account opening. The broker's web platform and mobile applications are designed to offer a seamless trading experience for both beginners and active traders.
Over the years, 5paisa has expanded its customer base by focusing on low brokerage charges, digital innovation, and a wide range of investment solutions. Its flat brokerage model, advanced trading tools, and comprehensive product offerings make it a strong option for investors looking for a modern, low-cost brokerage platform.
| Broker type | Discount Broker |
|---|---|
| SEBI Registration | INZ000010651 |
| NSE Member code | 11104 |
| Net worth | ₹1,201.91 Cr |
| Year of incorporation | 2007 |
| Exchange membership | NSE · BSE · MCX |
| Account opening charge | ₹0 |
| Demat AMC | ₹300 + GST per year |
5paisa brokerage charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹20 per executed order |
| Equity Intraday | ₹20 per executed order |
| Equity Futures | ₹20 per executed order |
| Equity Options | ₹20 per executed order |
| Currency F&O | ₹20 per executed order |
| Commodity F&O | ₹20 per executed order |
5paisa trading platforms
5paisa Web Trade Web
Browser-based trading platform for stocks, F&O, commodities, currencies, IPOs, mutual funds, and ETFs with advanced charts, option chain, watchlists, and real-time market data.
5paisa Mobile App Mobile
Android and iOS application offering trading, investing, portfolio tracking, research tools, price alerts, and paperless account management.
5paisa Trader Terminal Desktop
Advanced desktop platform for active traders featuring multiple market watch windows, technical indicators, advanced charting, strategy tools, and fast order execution.
5paisa pros & cons
Pros
- Flat ₹20 brokerage per executed order across segments.
- Fully digital and paperless account opening.
- Supports stocks, F&O, commodities, mutual funds, IPOs, ETFs, and bonds.
- Algo Trading, API integration, and Margin Trading Facility (MTF) available.
- Advanced web and mobile trading platforms with powerful charting tools.
- Transparent pricing and a wide range of investment products.
Cons
- Research and advisory services are limited compared to full-service brokers.
- Call & Trade service is chargeable.
- Annual Demat AMC is applicable.
- Physical branch network is limited.
- Customer support response times may vary during peak market hours.
5paisa margin & leverage
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | VAR + ELM Margin | Up to 5x* |
| Equity Futures | SPAN + Exposure Margin | As per available margin |
| Equity Options (Buy) | Premium Value | Not Applicable |
| Equity Options (Sell) | SPAN + Exposure Margin | As per available margin |
| Currency Futures & Options | SPAN + Exposure Margin | As per available margin |
| Commodity Futures & Options | SPAN + Exposure Margin | As per available margin |
5paisa ratings & reviews
How to open a 5paisa account
Visit the official 5paisa website or download the 5paisa mobile app.
Register using your mobile number and verify it through the OTP. Enter your PAN, Aadhaar, email ID, and other required personal details.
Complete the online KYC process by uploading the necessary documents, linking your bank account, and signing the application digitally using Aadhaar-based eSign.
After successful verification, your Trading and Demat account will be activated. You can then log in and start investing or trading in stocks, F&O, commodities, mutual funds, IPOs, ETFs, bonds, and other investment products.
5paisa complaints (exchange data)
Complaints filed against 5paisa at the exchanges, and the ratio per active client — a proxy for service quality.
| Exchange | FY | Clients | Complaints | Ratio |
|---|---|---|---|---|
| NSE | 2025–26 | 16,82,541 | 29 | 0.002 |
| NSE | 2024–25 | 15,08,364 | 37 | 0.002 |
| NSE | 2023–24 | 13,46,725 | 44 | 0.003% |
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