5Paisa Vs Definedge Securities
5Paisa
5paisa - Online Share/Stock Trading, Discount Brokers in India 5Paisa Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs. Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 5Paisa Review of NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Definedge Securities
5Paisa Vs Definedge Securities - Broker Details
| 5Paisa | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2015 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | ₹20/ Order | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Account Opening & AMC Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300/- | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Brokerage charges & Plans
| 5Paisa | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹499/ Month | ₹18 per executed order |
| Equity Intraday | ₹20/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Other Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹499/ Month | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Transaction Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Currency Options | 0.035% | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | 0.0020% | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | 0.00345% (NSE) | 0.00345% (BSE) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | 0.053% | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | Grp A (28 Commodities) 0.0026% | Grp B (4 Commodities) | BLACK PEPPER - 0.0005% | BRASS - 0.0005% |CASTORSEED - 0.0005% | RBDPALMOLEIN - 0.001% | Options Contracts: 0.05% | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | 0.0009% | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | 0.00345% (NSE) | 0.00345% (BSE) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Margin (Exposure)
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Features
| 5Paisa | Definedge Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Review & Rating
| 5Paisa | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
5Paisa Vs Definedge Securities - Request a call back from Broker
| 5Paisa | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Definedge Securities - Investment Options
| 5Paisa | Definedge Securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Order Type
| 5Paisa | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Research & Report
| 5Paisa | Definedge Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Daily Market Report
| 5Paisa | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Suitable For Investor
| 5Paisa | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
5Paisa Vs Definedge Securities - Pros & Cons
| 5Paisa | Definedge Securities | |
|---|---|---|
| Pros | 1.It is being promoted by IIFL which is a premier non-banking financial institution. 2.Different subscription plans according to the need of clients. 3.No software charges.4.Free technical, derivative and fundamental advice to customers. 5.It offers mutual funds and insurance. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 1.Non availability of 3-in-1 account 2.High Demat debit transaction charges. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.NRI trading services are not offered by 5 paisa. 5.It does not provide commodity trading services. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Background
| 5Paisa | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Definedge Securities - Compare All Brokers
| 5Paisa | Definedge Securities | |
|---|---|---|
| Call Back Open Account |
5Paisa Vs Definedge Securities - STT/CTT
| 5Paisa | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell Side |
| Equity Options | 0.05% (Sell Option) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy and sell |
| Equity Futures | 0.01% (Sell Future) | 0.01% on sell Side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Demat transaction charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - GST
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - SEBI Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Account Opening & AMC Charges
5Paisa
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300/-
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
5Paisa Vs Definedge Securities
| 5Paisa | Definedge Securities | |
|---|---|---|
5Paisa Review | Brokerage Charges, Account Opening5Paisa is one the leading stock brokers of India. Being started on March 2016 to becoming 2nd largest stock broker of India in Dec 2018, 5Paisa company covered a long way in a very short span of time. 5paisa broking review provides trade in equity, commodity and currency at BSE, NSE and MCX. 5paisa trading platform review offers different trading p .. + " Vs "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
5Paisa Vs Definedge Securities - Brokerage charges & Plans
| 5Paisa | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹20/ Order | ₹0 (Free) |
| Equity Options | ₹20/ Order | ₹18 per executed order |
| Commodity Options | ₹20/ Order | ₹18 per executed order |
| Equity Futures | ₹20/ Order | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹20/ Order | ₹18 per executed order |
| Fixed Charges | ₹499/ Month | ₹18 per executed order |
| Equity Intraday | ₹20/ Order | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Margin (Exposure)
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Other Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹499/ Month | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
| Call Back Open Account |
5Paisa Vs Definedge Securities - STT/CTT
| 5Paisa | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.0001% (On exercise purchaser) 0.01% (Sell Future) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% | 0.025% on the sell Side |
| Equity Options | 0.05% (Sell Option) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy and sell |
| Equity Futures | 0.01% (Sell Future) | 0.01% on sell Side |
| Commodity Options | 0.05% (Sell Option) | 0.05% on sell side |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Demat transaction charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12.5 + Gst per scrip per day only on sell | ₹0 (Free) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - GST
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
| Call Back Open Account |
5Paisa Vs Definedge Securities - SEBI Charges
| 5Paisa | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore |
| Call Back Open Account |
5Paisa Vs Definedge Securities - Features
| 5Paisa | Definedge Securities | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 5 Paisa Mobile App, Trade station Web, Trade Station Exe, Algo Trading, 5paisa Robo Advisory | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |