5paisa vs Yes Securities Comparison: 2024
About 5paisa
A successful discount broker in India, 5 paisa provides different trading and investing services across various segments. Its parent company is IIFL that has built a great name in the retail broking industry.
5Paisa: Overview
5paisa Capital Ltd. is a new age company that believes in making the entire process of getting started with trading as simple as possible, offering account opening in three simple steps. One of the leading stockbrokers in India, 5paisa Capital Ltd is publicly-traded, and managed by IIFL founders. This provides the company with valuable experience in the financial markets coupled with its expertise in simplifying the trading experience has enabled it to offer best-in-class services at an extremely low cost.
Based out of Mumbai, 5paisa.com commenced operations in March 2016 and since then has become 2nd largest discount stock broker in India (As on Dec 2018). It is listed on both BSE as well as NSE.
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About Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
5paisa vs Yes Securities Account Opening Charges: 2024
| Charge | 5paisa | Yes Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 (Free) | ₹0 |
| Trading Acc Opening Charges | ₹650 | ₹999 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
| Demat Account AMC | ₹540 yearly (charged as ₹45 per traded month) | ₹500 |
5paisa vs Yes Securities Brokerage Charges and Plans : 2024
| Charge | 5paisa | Yes Securities |
|---|---|---|
| Plan Name | Optimum Plan | Invest Value Plan |
| Equity Delivery | ₹20 per trade | 0.45% |
| Equity Intraday | ₹20 per trade | 0.05% |
| Equity Futures | ₹20 per trade | 0.05%, Intraday - 0.02% |
| Equity Options | ₹20 per trade | ₹75 per lot, Intraday - ₹25 per lot |
| Currency Futures | ₹20 per trade | 0.05%, Intraday - 0.02% |
| Currency Options | ₹20 per trade | ₹75 per lot, Intraday - ₹25 per lot |
| Commodity Options | ₹20 per trade | N/A |
| Mutual Fund | N/A | N/A |
5paisa vs Yes Securities Margin / Exposure: 2024
| Segment | 5paisa | Yes Securities |
|---|---|---|
| Equity Delivery | Upto 4x | N/A |
| Equity Intraday | Upto 20x | N/A |
| Equity Future | Intra-day: 3.5x | Carry forward: 1x (no margin) | N/A |
| Equity Options | Intra-day: 1x | Carry forward: 1x | N/A |
| Currency Future | Intra-day: 1 time | Carry forward: 1x | N/A |
| Currency Options | Intra-day: 1x | Carry forward: 1x | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |