All you need to know about 5paisa App & How to use it

Online trading can be scary and confusing, even for experienced professionals. Hence, proper guidance is essential to succeed. The power of social media has made it easier to gather information, tips, and tricks, all the more easier.

Written by Web Desk Team | Published :September 1, 2022 , 7:46 am IST

Online trading can be scary and confusing, even for experienced professionals. Hence, proper guidance is essential to succeed. The power of social media has made it easier to gather information, tips, and tricks, all the more easier. Today, there are multiple trading platforms, including brokers and online trading platforms. With so many available options, it can be challenging to determine the most reliable and trustworthy source. That’s where the 5paisa comes into play.

5paisa is an umbrella platform that offers all types of financial services, including, Equity Trading, Mutual funds investments, Insurance, Research Products, Commodity and Currency Trading, Digital Gold Investment, Robo Advisory, and Personal Loans.

The platform was India’s first publicly listed online stock broking company. Ranking among the top 10 discount broking firms, it is currently the fastest-growing discount broker. The firm is backed by India Infoline Limited (IIFL), country’s leading diversified financial services company.

The 5paisa Platform is entirely online, meaning there’s no paperwork hassle. Users can open a demat at 0% brokerage, at a flat rate of INR  20, and get benefits worth INR 2100. The online platform works to provide a best-in-class trading experience. Hence, has garnered 450,000 clients and over 3.5 million app users, leading to a daily turnover of over 30,000 crores.

Wondering what made this trading platform so popular in this huge market? Let us help you find the answer!

With 5paisa, users get a chance to invest in stocks, derivatives, commodities, currencies, mutual funds, IPO, and even the US stock market. Some of the key features of 5paisa include:

  • Intelligent portfolio based on the suggestions of industry experts.
  • Timely suggestions for intraday, short term and long term trading to take timely actions
  • Access to fundamentals and in-depth research for over 4000 stocks
  • A chance to level up your trading game with FinSchool
  • A wide range of drawing tools and powerful charts
  • Smart tools to assist in options trading

The 5paisa official mobile trading app offers trading across all segments, such as:

  • Equity Cash Trading (Delivery)
  • Equity Derivatives Trading (F&O)
  • Currency Derivatives Trading (F&O)

Additionally, the 5paisa platform provides another helpful resource for its users – its blogs. Their blogs focus on different aspects of trading, account opening, IPO, 5paisa Wealth feature, fund transfer, peak margin requirement, international investments, and much more. It acts as a knowledge base for everyone interested in financial services.

So now that you know about the platform, let’s understand how to use it.

The 5paisa platform can be accessed via its official website 5paisa.com or the 5paisa App.  The 5paisa app is available for iPhone and Android phones, allowing users to trade on the go.

How to use the 5paisa app?

  1. Download the app from Play Store for Android users or Apple Store for iOs.
  2. Log in using your customer ID and password
  3. Use the ‘Pay-in’ button to transfer funds from your bank account to your trading account
  4. Search for your desired securities-stocks or mutual funds
  5. Place buy or sell order

That looked like a walk in the park, right? And since you are reading this, we know you are interested in online trading. In that case, check out the 5paisa app – it’s a trading platform that you better not miss!