Compare 5paisa.com
5paisa.com
prostocks.com
prostocks.com

Background

Year of Incorporation 2015 Feb 2016 as Sunlight Broking LLP
Website http://www.5paisa.com http://prostocks.com
Phone 8976689766 +91 2238110110
Exchanges enabled NSE, BSE, MCX-SX NSE & BSE
Demat (NSDL/CDSL) CDSL CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12
Profit after Tax FY12/13
Profit after Tax FY13/14
Profit after Tax FY 14/15
Profit after Tax FY 15/16
Profit after Tax FY 16/17  
Debt FY11/12
Debt FY12/13
Debt FY13/14
Debt FY14/15
Debt FY15/16
Debt FY 16/17  
Profit to Equity(%) FY11/12
Profit to Equity(%) FY12/13
Profit to Equity(%) FY13/14
Profit to Equity(%) FY14/15
Profit to Equity(%) FY15/16
Profit to Equity(%) FY16/17  
Balance Sheet Size FY11/12
Balance Sheet Size FY12/13
Balance Sheet Size FY13/14
Balance Sheet Size FY14/15
Balance Sheet Size FY15/16
Balance Sheet Size FY16/17  
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 NA NA
Active clients - 2014 NA NA
Active clients - 2015 NA NA
Active clients - 2016 2,264 NA
Active clients - 2017   2079
Active clients Rating


Brokerage

Equity 10 Rs Per executed order Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Futures 10 Rs Per executed order Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Equity Options 10 Rs Per executed order Flat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 899/monthly, Rs. 8,999 Unlimited Trading Per Year
Currency Futures 10 Rs Per executed order lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Currency Options 10 Rs Per executed order lat Fee Plan: Rs. 15/executed order, Fix Monthly Plan: Rs. 499/monthly, Rs.4,999 Unlimited Trading Per Year
Commodity NA Not Available
Brokerage Rating


Account Opening Costs

Trading only NA Rs. 300
Trading & Demat Rs.750/- Rs. 300
Commodity NA Not Available
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325% on Turnover
Futures 0.0019% 0.0019% on Contract Turnover
Options 0.017% 0.050% on Premium Turnover
Commodities NA Not Available
AMC charge Rs.400/- Rs. 1,000 refundable deposit.
DP Transaction Charge Rs.25/- Rs 14 per debit instruction
Offline order placing Charge Rs.20/- Rs 10 per executed order
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 7 Days
End of Day 7 Days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 15 Times for Intraday & 5 Times for Delivery(Interest charged) Upto 5 times for Intraday & 0 for Delivery
Equity Futures Upto 2 Times for Intraday Upto 1.5 times for Intraday
Equity Options Upto 2 Times for Intraday No Margin
Currency Futures Upto 2 Times for Intraday Upto 1.5 times for Intraday
Currency Options Upto 2 Times for Intraday Upto 1.5 times for Intraday
Commodity NA Not Available
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review

5paisa is the discount broking arm of IIFL and is a relative newbie among the other discount brokers. Pros: Pricing, one-stop financial shop. Cons: Poor platforms and support. Read More