5paisa vs Tier1FX

5paisa vs Tier1FX Comparison Table 2021
5paisa Tier1FX
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Tier1FX is a regulated CFD and forex trading broker.
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, shares, energies, metals, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 $1,000
Payment Methods
Wire Transfer
Minimum Trade
No 0.01 lots
Regulator
SEBI MFSA
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 No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
INR -
CFD
CFD trading not offered Trade CFDs on indices, FX, precious metals, energies, and cryptocurrencies.
Leverage
1:30
FTSE Spread
1.3 pts
GBPUSD Spread
0.4 pips
Oil Spread
2.3 pips
Stocks Spread
N/A
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade on dozens of major, minor and exotic FX pairs.
GBPUSD Spread
N/A 0.4
EURUSD Spread
N/A 0.2
EURGBP Spread
N/A 0.4
Assets
4 60
Cryptocurrency
Crypto trading not offered Trade on popular cryptocurrency and USD pairs.
Spread
0.05
Coins
BTC, BCH, ETH, LTC, XRP