5paisa Capital Limited

About 5paisa Capital Limited

5Paisa Capital Limited (formerly known as 5Paisa) is India's leading online financial services provider, headquartered in Mumbai, Maharashtra. It is the second-largest discount broking firm in India, incorporated on 10th July 2015. 5Paisa Capital Limited is a member of NSE, BSE, and MCX exchanges and is registered with CDSL. The company also has a membership of AMFI for mutual fund distribution. With the advent of fintech' propelled by changing consumer patterns and various initiatives taken by the government for financial inclusion, there is a scope for massive disruption in the financial service industry. 5Paisa has transformed the traditional way of financial services business by coming up with an 'Online Discount Broker Model'. Under this model, 5Paisa charges the lowest in the industry, a flat fee of Rs. 10/- per transaction irrespective of the amount whereas traditional full-service brokers charge in terms of percentage of the transaction amount.