5paisa vs SimpleFX

5paisa vs SimpleFX Comparison Table 2021
5paisa SimpleFX
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None 50% spread cashback
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $0
Payment Methods
Wire Transfer Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
No 0.01 lots
Regulator
SEBI None
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
Trade Signals
Yes Yes
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
INR -
CFD
CFD trading not offered Leveraged CFD products are available in multiple financial markets.
Leverage
1:500
FTSE Spread
1.3
GBPUSD Spread
1.2
Oil Spread
0.03
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
N/A 1.2
EURUSD Spread
N/A 0.9
EURGBP Spread
N/A 0.9
Assets
4 60
Cryptocurrency
Crypto trading not offered Trade crypto and US Dollar CFDs.
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK