5paisa.com is a Mumbai based India’s 2nd largest discount broker. 5paisa is part of IIFL group (India Infoline), India’s leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Infoline, the parent company, was incorporated in 1995. IIFL group offers wide range of financial products through over 1000 branches. IIFL (a traditional brick-and-mortar broker) used 5paisa brand for its online retail broking business for many years.
Services offered by 5paisa.com
- Online Trading – Trade in Equity, Equity F&O, Currencies and Commodities at NSE, BSE and MCX.
- Online Mutual Funds – Invest in wide range of Mutual Funds, ETFs and Bonds.
- Online Insurances – Compare and buy Car, Health and Term insurance online.
- Personal Loans