5paisa vs SquaredFinancial

5paisa vs SquaredFinancial Comparison Table 2021
5paisa SquaredFinancial
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer Neteller, Skrill
Minimum Trade
No 0.01 lots
Regulator
SEBI CySEC, FSA
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
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 No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered Trade CFDs on forex, global indices, energies, and precious metals
Leverage
1:500
FTSE Spread
0.01 pts
GBPUSD Spread
1 pip
Oil Spread
50 pips
Stocks Spread
Variable
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade on dozens of FX pairs with zero spreads available
GBPUSD Spread
N/A 1 pip
EURUSD Spread
N/A 0 pips
EURGBP Spread
N/A 1 pip
Assets
4 50
Cryptocurrency
Crypto trading not offered Trade popular cryptocurrency coins with leverage
Spread
From 0.006
Coins
BTC, BCH, ETH, LTC, XRP