5paisa vs Binomo

5paisa vs Binomo Comparison Table 2023
5paisa Binomo
WINNER
5paisa is the better broker
Not Yet Rated

5paisa is #35 in our broker rankings.

3.4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.

Binomo is a leading short-term binary options trading platform, offering high payouts and a reliable service.

Instruments
Stocks, Futures, Options, Forex Fixed Time Trades
Demo Account
No Yes
Minimum Deposit
INR 450 $10
Payment Methods
Minimum Trade
No $1
Regulator
SEBI
Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
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
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 and 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 No
Account Currencies
  • INR
Stock Exchanges
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Forex trading not offered
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
4
Binary Options
Binary options trading not offered
Payout
90%
Expiry Times
1 minute - 60 minutes
Ladder Options
No No
Boundary Options
No Yes
More Comparisons
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