5paisa vs HQBroker

5paisa vs HQBroker Comparison Table 2023
5paisa HQBroker
WINNER
5paisa is the better broker

5paisa is #36 in our broker rankings.

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.

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
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
Commodities
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+
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