5paisa is one of the most affordable and feature-rich discount brokers in India, similar to Upstox or Zerodha. You get flat Rs. 20 brokerage on your trades.
5paisa offers free account opening and low annual charges, which help you start investing without spending much.
What makes 5paisa stand out is its all-in-one investment app.
You can buy stocks, invest in mutual funds, digital gold, and even US stocks, all under one roof. And the best part? You can open your account online on the same day.
In this 5paisa review, you’ll get a detailed breakdown of 5paisa’s charges, features, pros & cons, to help you finalize whether 5paisa is the right fit for your investment goals.
5paisa Demat Trading Account Review 2025
#1. 5paisa Account Charges (Account Opening and AMC)
You don’t have to pay any account opening charges as it is free, but 5paisa charges Rs 25 per month (or Rs. 300 per year) as Annual Maintenance Charges (AMC charges).
#2. 5paisa Brokerage Charges and Margin
| Details | 5Paisa Charges |
| Equity delivery | Rs. 20 per order |
| Equity/Currency/Commodity – Intraday | Rs. 20 per order |
| Equity/Currency/Commodity F&O | Rs. 20 per order |
| Charges for Call and Trade | Rs. 20 per call |
| DP Charges | Rs. 20 per order |
| Margin for Intraday | Up to 5X |
#3. 5paisa Trading Platforms
#1. 5paisa Mobile App
The 5paisa mobile app lets you trade and invest in stocks, mutual funds, commodities, currencies on the go. You can also buy insurance, digital gold and take personal loan from the app only.
5paisa has collaborated with the Vested app to invest in US stocks from India.
5paisa Mobile App Benefits –
- Use a clean, beginner-friendly interface
- Place trades in one tap, including advanced order types like Bracket and Cover Orders
- Create and track multiple watchlists
- Get live stock prices and market updates
- Access built-in research and advisory tools
- Invest in 5paisa smallcases (ready-made portfolios)
- Join the 5paisa community forum “Tradebetter”
- Apply for paperless personal loans
#2. Trade Station EXE
If you are an experienced trader, wants more power than the mobile app, Trade Station EXE gives you the edge with speed and control.
You can install it on your laptop or desktop and start trading with real-time access to NSE and BSE.
Trade Station EXE Benefits –
- Fast, stable trading experience right from your desktop
- Custom watchlists to track your favorite stocks and contracts
- Advanced charting tools for deep analysis
- Instant fund transfers to keep your trades moving
- Order slicing to get better execution prices
- Keyboard shortcuts for quicker trades
#3. Trade Station Web
5paisa’s Trade Station Web is a browser-based trading platform you can use from any desktop without the hassle of downloading the software. Tradestation Web works smoothly on Chrome, Firefox, and Safari.
Trade Station Web benefits:
- Get advanced charting tools for deeper stock analysis
- View detailed scrip data, market depth, and Option Chain
- Use order slicing to improve execution prices
- Place Bracket and Cover Orders for better control
- See a consolidated view of all your holdings and positions
- Access multiple reports to track your performance
#4. 5paisa Algo Trading Platform
5paisa Algo Trading lets you automate your trades using smart, rule-based strategies so that there’s no manual action is required.
5paisa Algo Trading Platform benefits –
- Create, backtest, and deploy your own algos
- Use preloaded strategies like Amibroker, Jobbing, Pivot, Bulk Buy/Sell, and more
- Get expert help to code custom strategies
- Access the API documentation if you prefer to build on your own tool
- Integrate your algos directly with the 5paisa trading platform
- Test everything in a real-like simulation before going live
#5. 5paisa Robo Advisory for Mutual Funds
5paisa Robo Advisory is an automated tool that helps you pick the right mutual funds based on your goals, income, time frame, and risk level.
How it works –
You answer a few simple questions, and the tool builds a personalized investment plan for you. Here’s how the process goes:
- Choose your goal – like buying a car, planning your child’s education, or saving for retirement
- Set a target – enter the amount you need and when you need it
- Add your details – age, income, and current savings
- Mention your experience – beginner or experienced investor
- Select your risk level – conservative, balanced, or aggressive
- Share your investment preference – high growth or steady returns
The tool then analyzes your profile and gives you a mutual fund plan tailored to your needs.
If you’re new to mutual fund investing and unsure where to begin, 5paisa’s Robo Advisory makes investing effortless.
Pros and Cons of the 5paisa Trading Account
Pros of 5paisa
#1. Low-Cost Brokerage
With a flat Rs 20 per trade, you won’t worry about high charges eating out your small profits. That makes 5paisa ideal if you’re trading frequently in smaller amounts.
#2. All-in-One Investment Platform
You can invest in stocks, mutual funds, IPOs, digital gold, and US stocks, all from one app. You can also get a loan and insurance within the app.
#3. Fast Account Opening Process
The 5paisa demat and trading account opening process is fast. The whole process is paperless and usually done within a few hours.
Cons of 5paisa
#1. Slow Customer Support
Customer care responses can be delayed, especially during peak market hours.
#2. Advanced Tools May Overwhelm Beginners
Features like algo trading, order slicing, and detailed charts can be complex for first-time investors.
5paisa Customer Support Service
Twitter is the best way to reach out to customer support, as you get a quick response there.
How to Reach Out to 5Paisa Customer Support
- Helpline Number – 8976689766 (available Monday to Friday, 8:30 AM to 6 PM)
- Email Support – [email protected] – You can email your client ID and issue details for help.
- Complaints & Investor Queries –
- For shareholder issues like financial statements inquiries, dividends, you can email [email protected] or [email protected]
- Twitter/X – @5paisa, Post your issue on Twitter (Now X) if you need quick help or timely updates.
Conclusion
If you want a simple, low-cost way to start investing, then 5paisa ticks most boxes. However, you can also check out our comparison between 5paisa vs Upstox for better clarity.
In 5paisa, from stocks and mutual funds to US markets and robo-advisory tools, everything is packed into one easy-to-use platform. The mobile app is clean, account setup is quick, and charges are minimal.
Sure, the customer support could be faster, and some features may feel advanced at first. But if you’re open to learning as you go, 5paisa offers one of the best demat account for beginners in India that gives you great value, flexibility, and control all without burning a hole in your pocket.
Frequently Asked Questions (FAQs) About 5paisa
#1. Is 5paisa safe and SEBI registered?
Yes, 5paisa is registered with SEBI and is a publicly listed company on the NSE and BSE. 5paisa follows all the required regulatory guidelines and uses secure systems for trading and transactions.
#2. What are the account opening charges for 5paisa?
Zero. 5paisa offers free account opening of demat/trading account.
#3. Does 5paisa charge AMC (Annual Maintenance Charges)?
Yes, 5paisa charges Rs. 25 per month (or Rs. 300 annually) as AMC for your Demat account.
#4. Is 5paisa good for beginners?
Yes. 5paisa has a clean mobile app, flat pricing, and tools like Robo Advisory to guide beginners in mutual fund investing.
#5. Can I invest in mutual funds and US stocks with 5paisa?
Yes. With one 5paisa account, you can invest in mutual funds, digital gold, IPOs, and US stocks as well.
#6. How long does it take to open a 5paisa account?
You can open a 5paisa account the same day if all your documents are ready and scanned. Because the whole account opening process is online and paperless.
#7. Does 5paisa offer customer support on weekends?
No. Phone support is available Monday to Friday, 8:30 AM to 6 PM. For support outside those hours, you can email them or reach out via Twitter (X).
#8. What’s the best way to get quick support from 5paisa?
The fastest way to get help is by tweeting your issue to @5paisa on Twitter or emailing [email protected] with your client ID.
#9. What is order slicing in 5paisa?
Order slicing breaks large orders into smaller chunks automatically. This helps you get better prices and faster execution without moving the market too much.
#10. Does 5paisa support intraday trading?
Yes. You can do intraday trading in equities, currencies, and commodities with up to 5X margin on selected stocks.
#11. Is there a minimum amount required to start trading on 5paisa?
No. There’s no minimum balance requirement. You can start trading or investing with any amount you’re comfortable with.
#12. Does 5paisa charge for mutual fund investments?
No. 5paisa allows you to invest in direct mutual funds with zero commission.
#13. Can I open a 3-in-1 account with 5paisa?
No. 5paisa offers only a 2-in-1 account (Demat + Trading).
