5paisa Capital client base up by 486 per cent YoY

Mumbai based Fintech start-up, 5paisa Capital Limited strengthened its position in the discount broking segment as its active client base increased by 486 per cent YoY. The company now has an active client base of 83,328 against 14,217 a year ago.

According to NSE’s latest data for the month of November, 5paisa has become the second largest discount broker in terms of active client base in a span of 2 years.The company’s strong value proposition has also led it to achieve 2 per cent share of daily cash turnover within a short span of just two years. 5paisa is the only broker in India to offer trade at 0 per cent brokerage with a flat fee of Rs.10 for any transaction size.The company’s intuitive and user friendly interface enables investors to complete entire transaction online with full transparency, right from opening an account.

5paisa Capital Limited is engaged in providing financial products through its online technology platform and mobile applications. It is registered with SEBI as a stock broker, depository participant and research analyst, and with AMFI as a mutual fund distributor. Its services are targeted at retail investors and high volume traders who actively invest and trade in securities markets and seek DIY (Do-it-Yourself) services at a low cost.