Head Office
5paisa Capital Ltd
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane – 400604
Customer Service
Phone: +91 89766 89766
Email: support@5paisa.com
Email: grievance@5paisa.com (complaints)
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About 5paisa
5paisa is an Indian discount stock broker that was launched in 2016. Part of a leading financial service group, 5paisa boasts of more than 2.9 million customers, both traders and investors. The fast growing discount brokerage company is registered with the BSE and NSE. It has a range of financial products for web as well as mobile, suiting retail investors and high-volume traders. 5paisa’s apps apparently have been download more than 1 million times. The integrated state of the art Robo-advisory service gives customized solutions upon analysing customer’s profile.
Like Zerodha and other competitors, 5paisa also offers complete paperless and instant account opening process. Opening an account can be done in less than 5 minutes. Trading can be done from desktop, mobile as well as web platforms. As for the segments, you can trade in equity, F&O and currency. 5paisa claims to be the first company offering a discounted fee of Rs 10 per transaction. The account maintenance charges, taxes, span margin and others are available on the website. For new account opening documents required include PAN number, Aadhar card, address proof, and cancelled cheque. Broking and depository account opening forms like KYC form, account modification form, demat form and nomination form are available in the Downloads section of the website
Once you open an account, you can transfer funds easily through NEFT, IMPS or RTGS. The trading platform has a user-friendly interface and executes trades swiftly. You can create custom watchlist, get trading ideas in equity and derivatives, access to intraday and historical charts and benefit from the advanced trading tools. Additionally, you can see live stock market quotes from NSE and BSE.
With just a single account, users can keep track of their profit and loss, net position and margin and see recently executed orders. Additionally, you can see customized portfolios of Mutual Funds where you can compare and buy mutual funds online. If you are just starting, the SIP offers a stable choice, allowing you to invest a fixed amount on a monthly basis and get benefits of high returns from equity. Users can look for handpicked funds or get a customised investment plan from ‘Robo Advisor’. Besides trading and investment in mutual funds, 5paisa offers a number of insurance products.
For education purposes, 5paisa has published video and content resources dealing with equity market, technical analysis, derivatives and taxation. The courses published under the School section helps you gain knowledge, develop skills and be more productive. For more information or queries on account opening, taxes, mutual funds, trading, or others, reach the 5paisa support.
