5paisa vs ThinkMarkets

5paisa vs ThinkMarkets Comparison Table 2021
5paisa ThinkMarkets
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. ThinkMarkets is a multi-regulated forex and CFD broker
71.89% of retail investor accounts lose money when trading CFDs with this provider.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA)
Best Value Broker in Asia at the 2020 - Global Forex Awards
Best Forex Trading Experience 2017 - UK Forex Awards
Best Forex Trading Innovation 2017 - UK Forex Awards
Best Customer Service 2013 - UK Forex Awards
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, stocks, commodities, cryptocurrency, spread betting (UK Only)
Demo Account
No Yes
Minimum Deposit
INR 450 $0
Payment Methods
Wire Transfer BPAY, Credit Card, Mastercard, Neteller, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI FCA, ASIC, FSCA, FSA Seychelles
Margin Trading
Yes No
Margin Rate
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes - EAs compatible
Trade Signals
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
INR -
CFD
CFD trading not offered CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:500
FTSE Spread
0.7
GBPUSD Spread
1.2
Oil Spread
3
Stocks Spread
From 0.4 points
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trading available on 40 major, minor, and exotic currency pairs
GBPUSD Spread
N/A 0.3 (ThinkZero) Variable.
EURUSD Spread
N/A 0.0 (ThinkZero) Variable.
EURGBP Spread
N/A 0.3 (ThinkZero) Variable.
Assets
4 40
Cryptocurrency
Crypto trading not offered Trading on popular 15+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
BTC 25, ETH 6 (Variable)
Coins
BTC, ETH, XRP, BCH, LTC
71.89% of retail investor accounts lose money when trading CFDs with this provider.