5paisa vs HQBroker

5paisa vs HQBroker Comparison Table 2023
5paisa	HQBroker
WINNER 5paisa is the better broker
Review 5paisa is #36 in our broker rankings.	Review
Traders from US accepted	Traders from US not accepted
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.	HQBroker is a no-frills forex broker offering easy-access live trading accounts.
Instruments
Stocks, Futures, Options, Forex	Forex, stocks, commodities
Demo Account
No	No
Minimum Deposit
INR 450	$250
Payment Methods
Wire Transfer	Credit Card HUMBL Pay Mastercard Visa Wire Transfer
Minimum Trade
No	0.01 lots
Regulator
SEBI
Margin Trading
Yes	No
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	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	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
Bombay Stock Exchange National Stock Exchange Of India
Commodities
	Gold Silver
CFD Trading
CFD trading not offered	Invest in the financial markets using dynamic CFD products.
Leverage
	1:400
FTSE Spread
	Floating
GBPUSD Spread<
	Floating
Oil Spread
	Floating
Stocks Spread
	Floating
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee.	You can start trading online currencies with up to 1:400 leverage at HQBroker.
GBPUSD Spread
N/A	1.5
EURUSD Spread
N/A	1.2
EURGBP Spread
N/A	1.5
Assets
4	50+

Review	Review
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