5paisa vs FXChoice

5paisa vs FXChoice Comparison Table 2021
5paisa FXChoice
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 15% deposit bonus with Bitcoin payments
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer ADVcash, Bitcoin Payments, FasaPay, Neteller, Paysafecard, Perfect Money, POLi, Skrill, Sticpay, Visa, Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI IFSC
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
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 Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR USD, EUR, GBP, CAD, AUD
CFD
CFD trading not offered FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:200
FTSE Spread
1.5
GBPUSD Spread
1.3
Oil Spread
0.040
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade three-dozen forex pairs, including the US Dollar and Euro.
GBPUSD Spread
N/A 1.3
EURUSD Spread
N/A 0.6
EURGBP Spread
N/A 0.9
Assets
4 36
Cryptocurrency
Crypto trading not offered FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
0.01
Coins
BTC, LTC, ETH