August 17th, 2018 | Updated on June 17th, 2020
Explore the market of online stock trading on your hand-held device at the lowest cost in the country. It is one of the only apps in India to broker trading in the share market online and offer a virtual advisory at an unimaginable cost.
This financial service provider also offers mutual funds and insurance at the lowest brokerage rates.
5Paisa is a virtual venture, with the backing of IIFL (India Infoline), a well know brick and mortar broker for over 20 years.
They also provide the option of fast broadcasting, recommendations from the experts, advanced charting tools, currency exchange rates, as well as a host of other features that create a unique, enriching experience for you.
Make use of ample services such as technical analysis, live stock tips and opinions, to get relevant information and market knowledge at the apt time to diversify your trade search.
5Paisa works on a simple and optimum brokerage model.They charge the brokerage at Rs. 10 per order for trades in all segments such as Equity Delivery, Intraday, F&O, and Currency Derivatives.
An up and coming project, 5Paisa is young and lively firm offering discount stock brokering across different trading platforms. The platforms includedare:
- 5Paisa Mobile Trading App that lets you operate on mobile phones
- Web Trade Station accessible from the browser
- 5Paisa Trade Station or Trading Terminal activated through the desktop
5Paisa Mobile Trading App – A Brief
Any user can invest or trade using 5Paisa App available on both Android and iOS. The best bit is that it is present on the store as a free app so that anyone can download and utilize it without paying a hefty sum.
It fulfils all the needs of an investor and is fully functional. Some of its highlights are trading in various segments at BSE/NSE, investment in Mutual Funds, managing the accounts, and trading the market with live data.
Key Features of 5Paisa Trading App
- Stock trading in sectors such as equity delivery, intraday, F&O
- Currency Trading in the segment of F&O
- Investment in Mutual Funds
- Systematic Investment Plans (SIP) for investing more wisely
- A virtual, fully-automated assistant for investment advice- Robo Advisory
- Managing your Demat Account
- Managing Trading Account with option to search Online Portfolio, Order Books and such
- Real-time, streaming quotes for every segment to keep you updated
- Technologically advanced charting tools
- Simple, easy, and clean interface to use for both newbies and seasoned investors.
- Open a new account without the hassle of paperwork. This unique feature allows you to start an account if you have an Aadhar Card.
Why you should have an Account on 5Paisa?
5Paisa.com has over 2.9 million regular customers that utilize its myriad range of services. With your account on the app, you can benefit of the following trading services:
- Financial Investments: You can invest in Equities, Derivatives, and Currencies listen in NSE and BSE
- Wealth Building: Compare and analyze different custom portfolios of Mutual Fund Schemes to invest, sell, and buy smartly.
- Save Money: 5Paisa charges a measly sum of Rs. 10 per order, so you don’t have to pay a hefty amount to kickstart your trading career. It is one of the few online trading apps that charge an amount as low as this.
- Privacy and Security: Your data will be stored securely as they use 256-bit SSL encryption which guarantees bank-level security. Their clause includes never selling your data to any third party.
The services that 5Paisa offers are at par with most of the traditional brokerage houses of India such as India Infoline (IIFL), Edelweiss, Angel Broking, Kotak Securities, Sharekhan, and Motilal Oswal.
Visit 5Paisa website to get more information.
