5paisa vs A+ Trader

5paisa vs A+ Trader Comparison Table 2024
5paisa A+ Trader
2.5
1

5paisa is one of India's fastest growing discount brokers, with 3.3 million registered customers. The financial services provider offers multi-asset trading opportunities spanning thousands of stocks, IPOs, commodities and currency pairs. The brand's pricing model is transparent, with flat fees per transaction including a ₹20 commission per stock trade.

A+ Trader is a forex and CFD broker with MT4 access, MAM accounts and educational content, available for a minimum deposit of $100. However, our experts have safety and security concerns.

Bonus Offer
100% deposit bonus
Comment by Reviewer
"5pasia will appeal to Indian investors looking for low-cost stocks and derivatives trading on a feature-rich mobile app."
Pros
  • Huge investment offering including stocks, mutual funds, IPOs, ETFs, commodities and forex
  • Free educational content with blog posts, online courses and articles suitable for all experience levels
  • Two powerful platforms with stock screeners, financial calculators and daily news streams
  • The options margin calculator allows you to work out your take home for each trade
  • Easy-to-use mobile app compatible in eight languages
  • Discount broker with ₹0 commission for mutual funds
  • 5paisa has a quick and paper-free opening process
Cons
  • A minimum account balance of Rs 450 must be maintained in the brokerage account
  • 5paisa’s mobile trading charges are expensive, at INR 100 per call
  • Server downing issues have been reported
  • There is no live chat support
Instruments
Forex, Stocks, Futures, Options CFDs, Forex
Demo Account
No No
Minimum Deposit
INR 450 $100
Trading Platforms
  • Own
  • MT4
Payment Methods
Minimum Trade
$0 0.01 Lots
Regulator
SEBI
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • NGN
Stock Exchanges
CFD Trading
CFD trading not offered A+ Trader offers CFD trading in a few major stock indices.
Leverage
1:1000
FTSE Spread
Variable
GBPUSD Spread
Variable
Oil Spread
N/A
Stocks Spread
N/A
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. There is a flat fee of ₹20 per order. Currencies can be traded through the Apple and Android-friendly mobile app. A+ Trader clients can speculate upon 30 different currency pairs on the industry-leading MT4 platform.
GBPUSD Spread
N/A Variable
EURUSD Spread
N/A Variable
EURGBP Spread
N/A Variable
Assets
4 30
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