Indian discount brokerage providing low-cost stock and derivatives trading.
The flat brokerage on 5paisa has saved me thousands compared to my old full-service broker, especially on intraday equity. The interface is clean and order placement is quick most of the time. The only thing I would change is the occasional delay in fund withdrawal reflecting in my bank.
Very low brokerage, clean interface
Slow fund withdrawals sometimes
I picked 5paisa for the low brokerage but the app repeatedly logged me out mid-session, and twice I couldn't place an exit order on an options position in time. Reaching support felt like shouting into a void with no real resolution. Cheap trading means nothing if the platform fails you when it counts.
5paisa has a RevWala Trust Score of 62/100 (Average), based on 5 customer reviews with an average rating of 2.8 out of 5. Reviews are mixed — read recent ones before deciding.
5paisa is rated 2.8 out of 5 stars from 5 reviews on RevWala, with a "Average" Trust Score.
5paisa has 5 reviews on RevWala, including 4 verified reviews.
5paisa keeps my costs down which I love, but the charting and technical indicators are quite basic for serious derivatives trading. I often have to use a separate tool for analysis and then come back to place orders. For the price it is okay, but the experience feels half-baked.
Cheap trades
Basic charting, no advanced indicators
The low brokerage drew me in, but I later noticed various add-on subscription charges nudging up my monthly cost. The auto-renewal of one of their premium plans caught me off guard and turning it off was not obvious. The savings ended up smaller than advertised.
Unexpected add-on and subscription charges
Switched all my derivatives trading to 5paisa and the savings on brokerage are honestly fantastic. Account opening was fully digital and done within a day, and placing F&O orders is fast and responsive. For anyone trading frequently who wants to keep costs minimal, this is a brilliant pick.
Massive brokerage savings, quick onboarding
Frequent logouts and unreliable support
