5paisa vs BMFN

5paisa vs BMFN Comparison Table 2023
5paisa BMFN
WINNER
5paisa is the better broker

5paisa is #35 in our broker rankings.

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.

BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares.

Instruments
Stocks, Futures, Options, Forex Stocks, CFD, Forex, ETFs
Demo Account
No Yes
Minimum Deposit
INR 450 $50
Payment Methods
Minimum Trade
No 1 lot
Regulator
SEBI FCA, ASIC, FSP, VFSC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
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 Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No Yes
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 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
  • USD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered BMFN facilitates CFD trading in a range of markets, including US equities, ETFs, commodities and indices.
Leverage
1:400
GBPUSD Spread<
1.8
Oil Spread
2.2
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. BMFN supports forex trading in more than 20 major and minor currency pairs with variable and fixed spread account options.
GBPUSD Spread
N/A 1.8
EURUSD Spread
N/A 1.5
EURGBP Spread
N/A 4
Assets
4 22
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