5paisa vs Fortrade

5paisa vs Fortrade Comparison Table 2021
5paisa Fortrade
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Fortrade is a multi-asset broker offering a simple live account with advanced tools.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer Bitcoin Payments, MoneyGram, Neteller, PayPal, Skrill, Visa
Minimum Trade
No 0.01 lots
Regulator
SEBI FCA, ASIC, CySEC, NBRB, IIROC
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes (EAs)
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR USD, EUR, GBP
CFD
CFD trading not offered Trade CFDs with up to 1:30 leverage in multiple markets.
Leverage
1:30
FTSE Spread
2
GBPUSD Spread
2
Oil Spread
0.04
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade a breadth of forex pairs with up to 1:30 leverage.
GBPUSD Spread
N/A 2
EURUSD Spread
N/A 2
EURGBP Spread
N/A 3
Assets
4 60+
Cryptocurrency
Crypto trading not offered Trade four leading crypto coins against the US Dollar.
Spread
Variable
Coins
BTC, DSH, LTC, ETH