What is Your Review on 5paisa Mobile App?
- Asked By
- Updated On:21-May-2021
- Replies:2
Short Answer
5paisa is one of the leading discount brokers in India. So, when it comes to convenience and ease, 5paisa offers trading from anywhere through its fast growing mobile application.
Detailed Answer
5paisa App: Benefits to Know
1.A One Stop Solution: 5paisa mobile app offers an all-in-one solution to your investing needs. May it be stocks, mutual funds, commodity, currency, insurance etc.
2.Easy User Interface: This application provides a user friendly interface even for beginners.
3.Single Click: You can enjoy seamless trade execution with a single click, all possible through this interesting app.
4.Real-time Updates: Get live quotes and market updates along with other stock market news.
5.Detailed Analysis: You have access to advanced charts and watchlist for doing a detailed analysis.
6.Auto-Investor: Through this advisory feature you can pick different plans as per your financial goals.
5paisa App: What you get from this mobile trading application?
Open demat and trading account easily.
1.Get live stock market quotes.
2.Invest in equity, derivatives & currency listed at BSE and NSE.
3.You can trade in equities, F& O and currency segments.
4.Trade on MCX through this app.
5.Take intraday positions with your equity account.
6.Invest in mutual funds online. The Auto Investor feature helps build a customised MF portfolio.
7.Access to advanced charts and screening tools.
For a detailed analysis, you can have a complete 5paisa Mobile App Review
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Discussion (1)
5paisa is a new age company that believes in making the entire process of getting started with trading as simple as possible. It operates on the principle of self-investment and provides low brokerage services.
You might have read about different stock brokers in India. Here I'll review two of the most popular discount brokers in India: 5Paisa v/s Zerodha Comparison.
Yes, Groww app is completely safe for mutual fund, stock investing and trading. As a popular mutual fund investment plaftorm, Groww established itself quite well in the past few years. Now, it has also enetered the stock broking space so it's really good to see new entrants amid existing top discount brokers in India.
To close a 5paisa account, you will have to contact customer support and then download the closure form. Fill in all the details along with a signed copy of your PAN card. Send it to the designated address, and you should get a confirmation of the closure of your account.
There are some definitive drawbacks when it comes to using 5paisa. These include high brokerage fee, average customer services, the absence of 3-in-1 accounts, and more.
5paisa happens to be the second largest stock broker in the country that offers plenty of benefits and features through its Demat and trading account. Some of which include low brokerage charges of 20 rupees, paperless account opening, free trading tools, research and trading advice for free, and much more.
Yes, now you can easily invest in stocks through the Groww App. It is a popular discount stock broker firm in India who recently expanded its services to the the stock broking arena. It allows traders to invest online without any subscription fees, transaction charges or any other charges.
Wise is one of the cheapest ways to send money internationally as compared to other available options in India. The only limitation of Wise is that it does not integrate with e-commerce online payments.
If you're looking for a straightforward and comprehensive take on options trading, then Sensibull should do the job perfectly. However, if you're and expert and want more complex trading tools, then Opstra is the one to choose.
A quick answer to this: Yes, Zerodha is a safe and reliable stock broker for trading and long term investment. You might have heard and read so much about Zerodha, a leading and one of the best discount broker in India. It's just amazing to know about their huge customer base and fast growing company. **Do you ever feel that Is Zerodha safe and reliable stock broker for trading and long term investment?
Harleen Kaur
5paisa app seems to be good enough. However, it can be improved and made a bit more user friendly for the users. I have read more favorable reviews on the Zerodha Kite App as compared to the 5paisa app.