5paisa vs Varianse

5paisa vs Varianse Comparison Table 2021
5paisa Varianse
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. Varianse is an online broker offering unique instruments and powerful analysis tools.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best Broker For Algo Traders, 2017 - Global Brands Magazine
Best New Forex & CFD Broker, 2015 - Global Banking & Finance Review
Most Innovative New Forex Brand, 2015 - Global Brands Magazine
Best New STP Broker, 2014 - Global Banking & Finance Review
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, commodities, futures, custom FX & index baskets
Demo Account
No Yes
Minimum Deposit
INR 450 $500
Payment Methods
Wire Transfer Skrill
Minimum Trade
No 0.01 lots
Regulator
SEBI FCA
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 Yes
Account Currencies
INR -
CFD
CFD trading not offered Leveraged CFD trading is available on FX, indices, and commodities.
Leverage
1:30
FTSE Spread
1.3
GBPUSD Spread
0.6
Oil Spread
0.05
Stocks Spread
N/A
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade on a range of currencies with ultra-low spreads.
GBPUSD Spread
N/A 0.6
EURUSD Spread
N/A 0.1
EURGBP Spread
N/A 0.9
Assets
4 45