73 brokers measured in Indiabroker data checked 27.08.2026
5paisa logo5paisaCapital Ltd

5paisa in India — review, licence and costs

Written and checked by the Rupee Desk editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of IndiaOpened by 5paisa (India) Pvt. Ltd., SEBI licence INZ000010231, register checked 09.07.2026

Score (5 of 6 axes scored)

3.39/ 5.0

shown, not ranked: no cost

  • Reviews25%0
  • Safety20%100
  • Payouts15%80
  • Track record10%50
  • Platforms10%no data

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.463 = 3.39 · axes on 0–100, total on 2.0–5.0

Key facts (4 facts)

Onboarding entity
Capital Ltd
Founded
2016
Currencies
INR.
Swap-free account
no

Licence check

SEBI · Stock broker registration
INZ000010231
Active on registerchecked 09.07.2026sebi.gov.in
Open an account with 5paisa

The broker's own website. Not a partner link — we earn nothing from it.

Who actually onboards you

Entity that onboards India residents
Capital Ltd
Local standing
SEBI-regulated domestic discount broker.
Licence as the register states it
SEBI Stock Broker INZ000010231; NSE/BSE/MCX member; CDSL DP.
Leverage for this entity
Intraday per SEBI peak-margin rules; MTF on delivery. Exact multiples not verified at review.
The firm behind it
Founded 2016; discount broker demerged from IIFL; publicly listed.
What we hold against it
Established discount broker; no major SEBI action verified. Some user complaints on support.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.

The entity that onboards youCapital LtdLocal or offshore not stated in the source · SEBI licence

Intraday per SEBI peak-margin rules; MTF on delivery. Exact multiples not verified at review.

—IN
India median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youSEBI-regulated domestic discount broker.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: Demat+Trading, Regular plan plus Power Investor (₹599/mo), Ultra Trader (₹1199/mo) subscriptions. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where 5paisa sits in the India base(90 brokers)

Round-turn cost, USD (65 of 90 priced)

1<2.5
125
317.5
710
612.5
415
4>15

Median 7 USD · range 2-18 · 25 of 90 brokers do not publish it

Minimum deposit, USD (16 of 90 priced)

15<200
0400
0600
0800
1>800

Median 15 USD · range 0-1000 · 74 of 90 brokers do not publish it

Retail leverage (49 of 90 with a India figure)

29<1k
102k
63k
34k
1>4k

Median 1:500 · range 20-5000 · 41 of 90 brokers do not publish it

Withdrawal time published (90 brokers)

6of 73
Published, hours6not published385paisa is one of the 6

Payouts(1 method)

MethodDeposit, hWithdrawal, hFee, USDMin, USD
UPI24—050

Deposit and withdrawal methods (1 methods · 1 local)

UPI, net-banking.

  • UPIlocal
Account currency
INR.
Fee declared
1 of 1 methods
Withdrawal back to
the funding method

Where it does not serve(1 countries)

—

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(3 platforms)

  • 5paisa mobile app
  • web platform
  • desktop application

Pros and cons(4 for and 3 against, each tied to a figure on this page)

For
  • Locally authorised, licence INZ000010231, read on 09.07.2026
  • Withdrawal in 24 h, one of 74 of 90 brokers here that publish a time
  • Safety 100 of 100, its strongest of 5 scored axes
  • 3 platforms: 5paisa mobile app, web platform, desktop application
Against
  • Round-turn cost not priced: the pair of spread and commission is not published
  • Reviews 0 of 100, its weakest of 5 scored axes
  • Not scored on round-turn cost: the broker publishes no figure we could read

Alternatives in India(6 of 90 scored in India)

4.14
Interactive Brokers
Locally licensed
Round turn, USD
5IN
Min deposit, USD
0 groupIN
Rank in this country
#2
4.01
Finvasia
Locally licensed
Round turn, USD
4IN
Rank in this country
#4
3.7
Capital.com
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
10 groupIN
Rank in this country
#26
3.67
Tickmill
Licensed elsewhere
Round turn, USD
6IN
Min deposit, USD
100 groupIN
Leverage
500 group
Rank in this country
#32
3.61
Mitrade
Licensed elsewhere
Round turn, USD
6IN
Min deposit, USD
20IN
Leverage
200IN
Rank in this country
#37
3.7
Vantage
Licensed elsewhere
Round turn, USD
6IN
Min deposit, USD
50IN
Leverage
500IN
Rank in this country
#27

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology

AxisWeightWhat is measured5paisa
Reviews25%Rating, volume and recency on one public review platform0
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
Safety20%Local authorisation, the entity that onboards you, any regulator warning100
Payouts15%Published withdrawal time, fees and the methods available in the country80
Track record10%Years since the firm was founded, from its own filings50
Platforms10%Which trading platforms the broker confirms for this country0

— the broker does not publish this figure; it is not read as a zero and it is not scored.

FAQ

Does 5paisa accept residents of India?
Yes. SEBI-regulated domestic discount broker. Onboarding entity: Capital Ltd
Is 5paisa licensed to serve clients in India?
SEBI Stock Broker INZ000010231; NSE/BSE/MCX member; CDSL DP. Checked on 09.07.2026.
Which trading platforms does 5paisa support?
5paisa mobile app, web platform, desktop application. Instruments: Equity delivery/intraday, F&O, currency, commodity, mutual funds, IPO, insurance.
How can I withdraw money from 5paisa in India?
UPI, net-banking.
What account types does 5paisa offer?
Demat+Trading; Regular plan plus Power Investor (₹599/mo) and Ultra Trader (₹1199/mo) subscriptions.
Does 5paisa offer a swap-free (Islamic) account?
No. 5paisa publishes no swap-free (Islamic) account for India.

Verified · Sources

Verified01.10.2026
next review 01.01.2027