5paisa vs FXChoice

5paisa vs FXChoice Comparison Table 2023
5paisa FXChoice
WINNER
5paisa is the better broker
Not Yet Rated

5paisa is #35 in our broker rankings.

4.3
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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 and online CFD trading.

Awards
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Bonus
50% Welcome Deposit Bonus
Instruments
Stocks, Futures, Options, Forex CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Minimum Trade
No 0.01 lots
Regulator
SEBI FSC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
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 Yes
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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXChoice has partnered with ZuluTrade to offer copy trading solutions to all account holders.
Social Trading
No Yes
Trade Signals
Yes Yes - MQL5
VPS Hosting
No Yes
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
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:200
FTSE Spread
From $18.53
GBPUSD Spread<
From $8
Oil Spread
From $40
Stocks Spread
Variable
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade 36 forex pairs, including the US Dollar and Euro.
Forex App

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.

GBPUSD Spread
N/A From $8
EURUSD Spread
N/A From $5
EURGBP Spread
N/A From $6.95
Assets
4 36
Cryptocurrency
Crypto trading not offered FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
0.11 - 3.0 pips
Coins
  • BTC
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
More Comparisons
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