5paisa vs Alpha FX

5paisa vs Alpha FX Comparison Table 2021
5paisa Alpha FX
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Alpha FX is a sophisticated forex broker supporting spot, forwards and options trading on 88 currency pairs with a selective, tailored experience and dedicated analysts for clients.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Options, Forex
Demo Account
No No
Minimum Deposit
INR 450 N/A
Payment Methods
Wire Transfer
Minimum Trade
No N/A
Regulator
SEBI FCA, FINTRAC, FSA
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
- -
Robo Advisor
- -
Negative Balance Protection
- -
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android No
Auto Trading
- -
Trade Signals
Yes -
VPS Hosting
- -
Tournaments
- -
Demo Competitions
- -
Ethical Investing
- -
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
INR -
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Alpha FX provides premium forex trading support for a range of major, minor and exotic currency pairs.
GBPUSD Spread
N/A 8
EURUSD Spread
N/A 2
EURGBP Spread
N/A 4
Assets
4 88