5paisa Capital Limited
5paisa Capital Limited is the second-largest stock broking company which incorporated on July 10th, 2007. The company accompanied by online financial services to the customers belonging to IIFL(India Infoline Finance Limited) group. IIFL, founded on Oct 17, 1995, by the chairman Nirmal Jain. The company formed as Probity Research and Services Private Limited which provided research on the Indian economy, businesses, and corporates. Later the name has changed to India Infoline Limited.
Taking the business one step forward this group of consultants opened a trading portal ‘5paisa’ in 2000. Thus moved into the business of being a full-service broking agency. IIFL offers a wide range of products including online trading, insurance advisor, auto investor, mutual fund, motor insurance, life insurance, and term insurance. Here are the services which are provided by 5paisa through over 1000 branches for many years.
- Online Trading: Trade in Equity, Equity F&O(Futures and Options), Currencies and Commodities at NSE, BSE, and MCX.
- Online Mutual Funds: 5paise will assist you with investing in a wide range of Mutual Funds, ETFs(Exchange Traded Funds) and Bonds.
- Insurances: Here are the five important things to watch out while buying insurance online are price tag, insurer history, asset value of the insurer, service value of the insurer, complaints, and reviews of the insurer.
- Personal loans.
- Share Trading Account: 5paisa is the second-largest discount broker assisting investing and trading services in diversified fields such as stocks, derivatives(F&O) and currency. It is listed in NSE and BSE. 5paisa trading services come up with a simple brokerage plan. Customers can trade across the fields for a flat rate of Rs 10 per order, irrespective of the size.
- Mutual Funds Account: 5paisa offers Systematic Investment plans(SIP), an automatic periodic investment option in the stock market through mutual funds.
5paisa Brokerage Charges 2019
|Trading Account Opening Charges (One Time)||Rs 650|
|Trading Annual maintenance charges (AMC)||Rs 0|
|Demat Account Opening Charges (One Time)||Rs 0|
|Demat Account Annual Maintenance Charges (AMC)||Rs 400|
5Paisa Trading Charges
|Equity Intra-day||Rs 10 per trade|
|Equity Delivery||Rs 10 per trade|
|Equity Futures||Rs 10 per trade|
|Equity Options||Rs 10 per trade|
|Commodity Futures||Rs 10 per trade|
|Commodity Options||Rs 10 per trade|
|Currency Futures||Rs 10 per trade|
|Currency Options||Rs 10 per trade|