Opening a/c in 5paisa

[smiletolead]

Hi all,
I have found out that 5paisa is offering the cheapest brokerage charges for the Investor terminal : .25% for delivery. A/c opening charges are 550. And to open the a/c, I have to keep Rs. 5000 as initial deposit. I have following concerns:
1. I have read in a few sites that 5paisa is charging hidden charges. Is this true?
2. Is the web interface reliable?

 

[smiletolead]

Can anyone please tell me about their experience with 5paisa. I want open an a/c in that.

 

[kapil123]

Can anyone please tell me about their experience with 5paisa. I want open an a/c in that.

I am trading through 5paisa, and have had no issues so far.

 

[dp111]

i have been with them for last 4 years , no issues. i trade through terminal so i dont know about the web interface

 

[smiletolead]

Thanks for the reply. I read that 5paisa is charging some hidden charges. So, it is not true then?

 

[dp111]

as per my knowledge they charge

brokerage and taxes as per exchange and stt , sevice tax ,stamp duty etc etc

only thing they charge high charges when you have a debit balance or u use there margin money.

 

[smiletolead]

I am interested in Investor terminal. Any feedback on the web interface?