5paisa is a new age company that believes in making the entire process of getting started with trading as simple as possible. It operates on the principle of self-investment and provides brokerage free services.
The company’s experience in the financial markets coupled with its expertise in simplifying the trading experience has enabled it to offer best-in-class services at an extremely low cost. The company currently has 350 thousand + happy customers, hires 1000+ employees and had recorded a turnover of more than INR250 million. With over 3.25 million app downloads since 2017, it is the country’s fastest-growing broker.
- When compared to other brokers, you save more than 90% on brokerage costs on all segments
- Completely paperless and hassle-free account opening process
- You can manage all your investments from a single account
- You get all-in-one Demat account that allows you to enjoy MF, insurances, personal loans
- You can trade in Stocks, Futures & Options and Currencies at the lowest brokerage
- You are charged a flat fee of Rs.10/per trade on all segments
- You can get a Mutual Fund Portfolio customized for your needs from 5paisa auto-investor
- You can avail paid subscriptions at highly discounted rates
To add to these, they have recently introduced pay per use AMC. So you will be charged only in the month you trade.