5paisa vs Interactive Brokers

5paisa vs Interactive Brokers Comparison Table 2021
5paisa Interactive Brokers
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
No Yes
Minimum Deposit
INR 450 $10000
Payment Methods
Wire Transfer ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
No $100
Regulator
SEBI SEC, FCA
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
No No
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
INR USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
CFD trading not offered
Leverage
1:50
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee.
GBPUSD Spread
N/A Commission (.20 pts x trade value)
EURUSD Spread
N/A Commission (.20 pts x trade value)
EURGBP Spread
N/A Commission (.20 pts x trade value)
Assets
4 70+
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP