5paisa vs Global Market Index

5paisa vs Global Market Index Comparison Table 2023
5paisa Global Market Index
WINNER
Global Market Index is the better broker

5paisa is #36 in our broker rankings.

Global Market Index is #36 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.

Global Market Index offers multiple asset classes on five powerful trading platforms.

Awards
  • Best Liquidity Provider 2017
  • Best Trading Environment 2017
  • Best Trading Platform Provider 2016
  • Best Forex Broker 2016
  • Fastest Growing Broker 2016
  • Best EA Trading Platform 2016
  • Best Forex Broker 2014
  • Best Forex Broker 2012
  • Best Forex Trading Platform 2012
  • Best Forex Broker 2011
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, Metals
Demo Account
No Yes
Minimum Deposit
INR 450 $2,000
Payment Methods
Minimum Trade
No 0.01 lots
Regulator
SEBI FCA, VFSC
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 No
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
Yes (APIs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
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 No
Account Currencies
  • INR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade index and commodity CFDs with up to 1:200 leverage and floating spreads.
Leverage
1:200
FTSE Spread
Floating
GBPUSD Spread<
N/A
Oil Spread
Floating
Stocks Spread
N/A
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Major and minor currency pairs including EUR/USD with low spreads.
GBPUSD Spread
N/A Floating from 1 pip
EURUSD Spread
N/A Floating from 1 pip
EURGBP Spread
N/A Floating from 1 pip
Assets
4 40+
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