5paisa vs ForexMart

5paisa vs ForexMart Comparison Table 2021
5paisa ForexMart
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 30% welcome bonus (non-EU traders only)
Instruments
Stocks, Futures, Options, Forex Forex, shares, indices, commodities, cryptocurrency
Demo Account
No Yes
Minimum Deposit
INR 450 1 EUR/USD
Payment Methods
Wire Transfer Alipay, Cashu, Credit Card, HUMBL Pay, Neteller, Skrill, Sofort, Visa, Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI CySEC
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes
Trade Signals
Yes No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR USD, EUR, GBP
CFD
CFD trading not offered Start leveraged CFD trading on the financial markets.
Leverage
1:30
FTSE Spread
0 fixed
GBPUSD Spread
0.8
Oil Spread
0 fixed
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade on an excellent range of popular and emerging forex pairs.
GBPUSD Spread
N/A 0.8
EURUSD Spread
N/A 0.8
EURGBP Spread
N/A 1.2
Assets
4 100+
Cryptocurrency
Crypto trading not offered Trade cryptocurrencies against the US Dollar with 1:2 leverage.
Spread
Floating
Coins
BTC, BCH, ETH, LTC, XRP