{"id":5917,"date":"2020-01-22T05:31:25","date_gmt":"2020-01-22T05:31:25","guid":{"rendered":"https:\/\/www.piczasso.com\/?p=5917"},"modified":"2020-02-21T12:54:20","modified_gmt":"2020-02-21T12:54:20","slug":"5paisa-review-premium-discount-broker-in-india-2020","status":"publish","type":"post","link":"https:\/\/www.piczasso.com\/5paisa-review-premium-discount-broker-in-india-2020\/","title":{"rendered":"5Paisa Review: Premium Discount Broker in India [2020]"},"content":{"rendered":"<p>Widely known as India\u2019s most affordable discount broker, 5Paisa is the fastest-growing brokerage service company. Founded in 2016 in Mumbai, 5Paisa became one of the Top discount broker in India.<\/p>\n<p><a href=\"https:\/\/investyogi.com\/5paisa.com-review-5paisa.com-brokerage-charges\" target=\"_blank\" rel=\"noopener\"><u>5Paisa brokerage charges<\/u><\/a>\u00a0are considerably low which attracted traders as soon as it was launched. Another main feature of 5Paisa is the \u2018No human intervention\u2019 platform. Being one of the largest Discount Brokers, the daily turnover of this brokerage company is growing day by day.<\/p>\n<p>5Paisa has been awarded for the \u2018Best Broking Fintech Product at ABP News &#8211; BFSO Awards 2019\u2019 and is the only public company listed in discount broker space.<\/p>\n<p>Here is the detailed 5Paisa review\u00a0in terms of its fees, platforms, services etc.<\/p>\n<p><strong><b>Account Opening <\/b><\/strong><\/p>\n<p>Traders can open Trading and Demat account for free of charges. Account opening process is paperless and really fast compared to other brokerage services.<\/p>\n<p>Currently, there are 250000+ active customers and numbers are increasing day by day.<\/p>\n<p><strong><b>Services Offered<\/b><\/strong><\/p>\n<p>When it comes to services, the trader has various options to invest his money. \u00a0Having all financial products is one of the main advantages of 5Paisa.<\/p>\n<p>They offer:<\/p>\n<ul>\n<li>Online Trading<\/li>\n<li>Mutual Funds<\/li>\n<li>Insurance<\/li>\n<li>SIP<\/li>\n<li>Personal Loans<\/li>\n<\/ul>\n<p><strong><b>Brokerage Charges<\/b><\/strong><\/p>\n<p>Lower the brokerage fee, better the break-even. 5Paisa Brokerage Charges\u00a0is Rs.10 per executed order (intraday and delivery same brokerage) which is the lowest you can get compared to all the discount services.<\/p><div class=\"zqjyf663bdc589cf78\" ><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\"\n     style=\"display:block; text-align:center;\"\n     data-ad-layout=\"in-article\"\n     data-ad-format=\"fluid\"\n     data-ad-client=\"ca-pub-1998875270506674\"\n     data-ad-slot=\"5700030306\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<\/div><style type=\"text\/css\">\r\n@media screen and (min-width: 1201px) {\r\n.zqjyf663bdc589cf78 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 993px) and (max-width: 1200px) {\r\n.zqjyf663bdc589cf78 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 769px) and (max-width: 992px) {\r\n.zqjyf663bdc589cf78 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 768px) and (max-width: 768px) {\r\n.zqjyf663bdc589cf78 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (max-width: 767px) {\r\n.zqjyf663bdc589cf78 {\r\ndisplay: block;\r\n}\r\n}\r\n<\/style>\r\n\n<p>Unlike traditional brokers, 5Paisa doesn\u2019t charge percentage on turnover or volume. They offer various plans such as Optimum Plan, Titanium Plan, and Platinum Plan. The fees and service vary depending on the type of the plan.<\/p>\n<p><strong><b>Platform<\/b><\/strong><\/p>\n<p>It has both desktop and android application for trading. The web application has all the basic and necessary features. The trader can create a portfolio and experience the ins and outs of trading through the user-friendly interface.<\/p>\n<p>The customers have liked the Android App over their Web Platform and there are more than 3.5 million downloads to this App. Thus you have the flexibility to trade via mobile &amp; desktop software.<\/p>\n<p><strong><b>5P School<\/b><\/strong><\/p>\n<p>5Paisa offers training to traders by providing basic knowledge on investments. It is completely free to all of its customers where various aspects of the stock market can be learned and implemented.<\/p>\n<p>This is helpful for every investor, especially for beginners to help invest confidently by themselves.<\/p>\n<p><strong><b>Conclusion<\/b><\/strong><\/p>\n<p>Considering all the above facts the overall 5Paisa Review\u00a0would be 4\/5. For regular investors, 5Paisa is one best of the best Discount brokerage service because of its low brokerage charges. The 5P school, Detailed blogs and Robo advisor helps the investors to understand insights of trading. For beginners, 5Paisa is a great platform to learn the basics of the stock market.<\/p>\n<p><strong><b>Pros: <\/b><\/strong><\/p>\n<ul>\n<li>Simple and Quick Account Opening and Registration<\/li>\n<li>Discounted Brokerage charges on all kind of transactions<\/li>\n<li>Free Trading Platforms<\/li>\n<li>Knowledge-based 5P School &amp; Robo Advisor<\/li>\n<li>Feasibility to trade and invest across equity, currency, mutual funds, IPOs, insurance etc.<\/li>\n<\/ul>\n<p><strong><b>Cons:<\/b><\/strong><\/p>\n<ul>\n<li>Charting is not up to the mark yet<\/li>\n<li>The Web Interface and App have lags<\/li>\n<\/ul>\n<div class=\"icldc663bdc589d0a4\" ><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1998875270506674\"\n     crossorigin=\"anonymous\"><\/script>\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-format=\"autorelaxed\"\n     data-ad-client=\"ca-pub-1998875270506674\"\n     data-ad-slot=\"7088211392\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div><style type=\"text\/css\">\r\n@media screen and (min-width: 1201px) {\r\n.icldc663bdc589d0a4 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 993px) and (max-width: 1200px) {\r\n.icldc663bdc589d0a4 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 769px) and (max-width: 992px) {\r\n.icldc663bdc589d0a4 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 768px) and (max-width: 768px) {\r\n.icldc663bdc589d0a4 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (max-width: 767px) {\r\n.icldc663bdc589d0a4 {\r\ndisplay: block;\r\n}\r\n}\r\n<\/style>\r\n","protected":false},"excerpt":{"rendered":"<p>Widely known as India\u2019s most affordable discount broker, 5Paisa is the fastest-growing brokerage service company. Founded in 2016 in Mumbai, 5Paisa became one of the Top discount broker in India. 5Paisa brokerage charges\u00a0are considerably low which attracted traders as soon as it was launched. Another main feature of 5Paisa is the \u2018No human intervention\u2019 platform. [&hellip;]<\/p>\n","protected":false},"author":47,"featured_media":5918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[1360,1361],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/posts\/5917"}],"collection":[{"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/comments?post=5917"}],"version-history":[{"count":4,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/posts\/5917\/revisions"}],"predecessor-version":[{"id":6957,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/posts\/5917\/revisions\/6957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/media\/5918"}],"wp:attachment":[{"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/media?parent=5917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/categories?post=5917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.piczasso.com\/wp-json\/wp\/v2\/tags?post=5917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}