5paisa vs PaxForex

5paisa vs PaxForex Comparison Table 2021
5paisa PaxForex
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. PaxForex is an offshore broker offering $10 minimum deposits & MT4 trading.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 100% loyalty deposit bonus up to $10,000
Instruments
Stocks, Futures, Options, Forex Forex, stocks, indices, metals, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $10
Payment Methods
Wire Transfer Cashu, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, Visa, Webmoney, Wire Transfer
Minimum Trade
No 0.0001 lots
Regulator
SEBI FSA
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes (EAs)
Trade Signals
Yes Yes
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered Trade across markets with leveraged CFDs.
Leverage
1:500
FTSE Spread
9
GBPUSD Spread
0.5
Oil Spread
N/A
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade FX with tight spreads & 1:500 leverage.
GBPUSD Spread
N/A 0.5
EURUSD Spread
N/A 0.4
EURGBP Spread
N/A 1.5
Assets
4 60
Cryptocurrency
Crypto trading not offered Trade popular cryptos against the US Dollar.
Spread
From 3 pips
Coins
BTC, ETH, LTC, XRP