5paisa vs Fondex

5paisa vs Fondex Comparison Table 2021
5paisa Fondex
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Fondex is an award-winning forex and CFD broker with industry low trading costs
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Technology Corporate Leadership, 2019
Best FX Trading Platform, 2018
Best Trade Execution, 2018
Best Partner Program, 2017
Best Retail Platform, 2017
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $0
Payment Methods
Wire Transfer Neteller, PayPal, Skrill
Minimum Trade
No 0.01 lots
Regulator
SEBI FSA, CySEC
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes - cBots available
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1.4
GBPUSD Spread
0.71
Oil Spread
6.71
Stocks Spread
Start from 0.01
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee.
GBPUSD Spread
N/A 0.71
EURUSD Spread
N/A 0.28
EURGBP Spread
N/A 0.7
Assets
4 67
83.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.