Mitrade vs 5paisa

Mitrade vs 5paisa Comparison Table 2022
Mitrade 5paisa
WINNER
5paisa is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients. 5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.
Bonus
$50 welcome bonus
Instruments
Stocks, CFD, Forex, Crypto Stocks, Futures, Options, Forex
Demo Account
Yes No
Minimum Deposit
$0 INR 450
Payment Methods
Minimum Trade
0.01 lots No
Regulator
ASIC SEBI
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Copy Trading
No No
Social Trading
No No
Trade Signals
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Islamic Account
No No
Account Currencies
  • USD
  • AUD
  • INR
Stock Exchanges
CFD Trading
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices. CFD trading not offered
Leverage
1:30 Retail, 1:250 Professional
FTSE Spread
3
GBPUSD Spread<
1.5
Oil Spread
0.05
Stocks Spread
Variable
Forex Trading
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform. 5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee.
GBPUSD Spread
1.5 N/A
EURUSD Spread
1 N/A
EURGBP Spread
1.2 N/A
Assets
60 4
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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