WINNER
5paisa is the better broker
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5paisa is #35 in our broker rankings.
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 Traders from US accepted |
 Traders from US not accepted |
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.
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ForexMart is an EU-regulated broker offering MT4 trading on stocks, FX and cryptos.
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Bonus |
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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 |
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Minimum Trade |
No |
0.01 lots |
Regulator |
SEBI |
CySEC |
Margin Trading |
Yes |
No |
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 |
Yes |
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 |
Yes |
Auto Trading |
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Yes |
Copy Trading |
No |
No |
Social Trading |
No |
Yes |
Trade Signals |
Yes |
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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 |
Yes |
Account Currencies |
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Stock Exchanges |
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Commodities |
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CFD Trading |
CFD trading not offered |
Start leveraged CFD trading on the financial markets. |
Leverage |
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1:30 |
FTSE Spread |
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0 fixed |
GBPUSD Spread< |
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0.8 |
Oil Spread |
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0 fixed |
Stocks Spread |
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Variable |
Forex Trading |
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 |
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Floating |
Coins |
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Crypto Lending |
No |
No |
Crypto Mining |
No |
No |
Crypto Staking |
No |
No |
Auto Market Maker |
No |
No |
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More Comparisons |
5paisa vs |
ForexMart vs |