FYERS One Vs 5Paisa Trade Station: Comparison That Traders And Investors Seek In India

FYERS One Vs 5Paisa Trade Station Introduction

FYERS One Vs 5Paisa Trade Station is the best stock broker comparison traders and investors in India normally seek.

This FYERS One Vs 5Paisa Trade Station will compare FYERS One software and 5Paisa Trade Station software side-by-side.

The FYERS One review, 5Paisa Trade Station review and FYERS One Vs 5Paisa Trade Station comparison will give you a clear view about a better platform to choose.

This FYERS One Vs 5Paisa Trade Station will outline the key features and facts that will help you identify a better terminal that will fit your trading needs better.

The information you need such as brokerage charges, account opening, and lots more to compare FYERS One 5Paisa Trade Station is available online.

Selecting a better platform between FYERS One and 5Paisa Trade Station will depend on your stock market understanding, online appetite, and your choices among others.

Fyers Vs 5 Paisa

FYERS One Overview

FYERS One was founded in 2015 by FYERS Securities discount stock broking company.

Young and able young industrialists who believed in creating the most excellent online trading terminals developed the FYERS One software.

FYERS One review claimed that FYERS One trading platform is apparent and will keep the amount of online trading at the barest minimum.

FYERS One brokerage charges are low and it is one of the most affordable discount stock brokers in India. 

The easy pricing model of FYERS One allows stock trading all over the trading segments at a maximum of fixed FYERS One brokerage charge of Rs. 20 for every order executed.

This means that traders and investors are charged a maximum of Rs. 20 for every order executed, irrespective of the volume of such order.

More interestingly, FYERS One trading terminal does not charge its clients brokerage for trading in the Equity Delivery market.

The three trading terminals created in-house by FYERS are offered to their clients FREE of cost.

FYERS One supported trading in National Stock Exchange (NSE) and Multi Commodity Exchange (MCX) in India.

FYERS One account type offered to its customers for online trading is a fixed-cost brokerage plan.

5Paisa Trade Station Review

The 5Paisa Trade Station is a product of IIFL or India INFOLINE. 5Paisa Trade Station review established that 5Piasa is a discount stock broker incorporated in the year 2016.

By December 2018, 5Paisa Trade Station software and platform became the second Indian biggest discount trading terminal.

The 5Paisa Trade Station App enables traders and investors to perform online trading across Insurance, Equity, Mutual Funds, and Currency.

5Paisa Trade Station EXE supports trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Also, 5Paisa Trade Station download will allow all the enthusiasts of 5Paisa online trading platform to trade in Currency, Commodity, and Equity at NSE, BSE, and MCX.

Trading at these segments is at fixed Rs. 20 5Paisa brokerage charges, no matter the level or amount of your trade, exchange, or segment.

5Paisa Trade Station also provides the Titanium, Platinum, and Optimum Plans which are referred to as the Prepaid Plans of 5Paisa.

With the 5Paisa Titanium and Platinum Plans, users of the terminal pay additional reduced 5Paisa Trade Station brokerage charges for an added flat monthly cost.

FYERS One Vs 5Paisa Trade Station Brokerage Charges Comparison

With FYERS One discount stockbroker, you have the opportunity of trading in any delivery trading segment of your choice for FREE.

Also, you are offered competitive FYERS One brokerage charges of a maximum of ₹ 20 in all the other available trading segments.

However, 5Paisa Trade Station discount broker levies fixed 5Paisa Trade Station brokerage charges of ₹20 on every order executed for Equity F&O, Equity Cash, Commodities, and Currency.

Here is our FYERS One Vs 5Paisa Trade Station brokerage charges comparison.

Brokerage PlanFYERS One5Paisa Trade Station
Hidden ChargesNot AvailableNot Available
Minimum BrokerageZeroNot Available
FundingNot AvailableAvailable at 18 percent interest per annum
Commodity TradingNot AvailableNot Available
Currency OptionsA fixed amount of ₹20A fixed rate of ₹10 for every order executed
Equity Futures₹20 or 0.01 percent (which of them is lower)A fixed rate of ₹10 for each order executed
Equity Intraday₹20 or 0.01 percent (which of the two is lower)A fixed amount of ₹10 for every executed order
Equity DeliveryNo CostA fixed cost of ₹10 for every order executed
Currency Futures₹20 or 0.01 percent (which one is lower)A fixed charge of ₹10 for each order executed
Equity Options A fixed charge of ₹20A fixed charge of ₹10 for every executed order

FYERS One Vs 5Paisa Trade Station Trading Platforms Comparison

Both FYERS One and 5paisa Trade Station have different platforms for trading. 

Here is our FYERS One Vs 5Paisa Trade Station trading platform comparison.

FYERS One5Paisa Trade Station
FYERS Mobile or FYERS Market Trading App It is developed for those investors and online traders who like trading on their cellular phones. Mobile Market has the best features ever, and it is available for iOS and Android devices.5paisa.com Web This 5Paisa.com web trading is a robust website trading app accessible on tablets, mobile gadgets, laptop, or computer. 5Paisa Trader Station also provides all the investment and trading options needed within a domain.
The FYERS Web Trader The FYERS One Web Trader was developed to meet the needs of traders and investors who are satisfied with web-based trading.This entirely handy online trading app is accessible from all the available web browsers.  The 5Paisa Mobile App With the 5Paisa Trade Station App or 5Paisa Mobile application, traders and users of 5Paisa Trade Station software can trade on the move on ROBO Advisory and at NSE or BSE.

5Paisa Trade Station Mobile is a FREE application downloadable from Apple or Google App Stores. 
FYERS One Trade Terminal This product packed with the industry-standard features was created for the professional investors and traders alike,  5paisa Trade Terminal This is an installable online trading portal created particularly for the traders who trade frequently and looking for ground-breaking online trading tools. 5Paisa Trade Terminal desktop app provides advance charts and instantaneous data for historic stock and intraday prices.It also has different keyboard shortcuts for monitoring the market on a concurrent basis and placing of orders faster. 

Read Also: Zerodha vs 5Paisa: Platforms, Brokerages & Support|The Better Choice?

FYERS One Vs 5Paisa Trade Station Order Types Comparison

In this FYERS One Vs 5Paisa Trade Station order comparison, there are no differences noticed.

Both FYERS One and 5Paisa Trade Station trading platforms offer the same order types to their customers.

See the type of orders offered on each platform to choose a better platform for your stock trading.

Order TypesFYERS One5Paisa Trade Station
MIS OrderAvailableAvailable
CNC OrderAvailableAvailable
Cover OrderAvailableAvailable
NRML OrderAvailableAvailable
Good Till Cancelled OrderAvailableAvailable
After Market OrderAvailableAvailable
Bracket OrderAvailableAvailable

FYERS One Vs 5Paisa Trade Station Transaction Charges Comparison

There are differences and similarities in the transaction charges of FYERS One and 5Paisa Trade Station according to our FYERS One Vs 5Paisa Trade Station comparison.

See the differences and similarities at a glance from the table below.

TransactionsFYERS One5Paisa Trade Station
Equity Intraday₹ 325 for each Cro₹ 325 for every Cro
Currency Options₹ 6500 for each Cro₹ 4000 for every Cro
Currency Futures₹ 175 for each Cro₹ 110 for every Cro
Equity Options₹ 5000 for each Cro₹ 5000 for every Cro
Equity Futures₹ 240 for each Cro₹ 190 for every Cro
Equity Delivery₹ 325 for each Cro₹ 325 for every Cro
CommodityNot AvailableNot Available

Read Also: Fyers VS Sas Online comparison: Demat, Brokerage, Margin

open 5 paisa demat account

FYERS One Vs 5Paisa Trade Station Pros and Cons

FYERS One software and 5Paisa Trade Station software have their different advantages and disadvantages.

Here is our FYERS One Vs 5Paisa Trade Station Pros and Cons.

Pros

FYERS One5Paisa Trade Station
FYERS One internally-developed trading software provides clients with the flexibility of implementing the latest services and features quickly.5Paisa Trade Station is an Indian leading discount stockbroker who offers clients broking products and services at a low cost.
FYERS One brokerage charges are extremely low at a maximum of Rs. 20 for every trade executed over the available stock trading segments. 5 Paisa Trade Station discount stock broker provides traders the opportunity of investing in different financial products and broking services. 
There is an opportunity for you to introduce anyone and earn 20 percent of the income earned forever! All the trading terminals of 5Paisa Trade Station have outstanding and exceptional user interfaces. 
FYERS One software is offered to users without paying a dime. The platform provides traders and investors with expert investment tips and advice from a knowledgeable research team. 
When it comes to charges and fees, FYERS One trading platform is transparent. 5Paisa Trade Station customer care service is excellent and far more than average. 
 The 5Paisa Trade Station software is FREE 

Cons

FYERS One5Paisa Trade Station
FYERS One charges on Demat account are higher because its DP services are provided by another stock trading company.5Paisa Trade Station trading platform has no branches or physical presence in any location in India.
FYERS One offers no paperless facility for online account opening. There is no facility for commodity trading on the platform. 
FYERS One has no commodity trading facilityThere are no monthly or yearly plans for online trading on 5Paisa Trade Station 
open fyers demat account

FYERS One Vs 5Paisa Trade Station Wrap Up

After an in-depth FYERS One review and 5Paisa Trade Station review, we have done FYERS One Vs 5Paisa Trade Station comparison.

You can now use this comparison to choose a better online trading platform between FYERS One and 5Paisa Trade Station.

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