5paisa vs Firstrade

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

5paisa is #36 in our broker rankings.

4

Firstrade is #27 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

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

Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage.

Pros
  • Low minimum deposit
  • Good execution speed
  • Strong regulatory oversight
Cons
  • No demo account
  • No copy trading
  • No MT4 integration
  • Few payment methods
  • Narrow range of investments
Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
Bonus
Deposit Bonus Up To $4000
Instruments
Stocks, Futures, Options, Forex Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
No No
Minimum Deposit
INR 450 $0
Payment Methods
Minimum Trade
No $1
Regulator
SEBI SEC, FINRA
Margin Trading
Yes Yes
Margin Rate
4.50%
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 Yes
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 Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • INR
  • USD
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
Cryptocurrency
Crypto trading not offered Take positions on 35+ cryptocurrencies with low fees and 24/7 investing.
Spread
Variable
Coins
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
5paisa
vs
Firstrade
vs