5Paisa
This is also a stock brokerage in India. It charges a flat brokerage fee irrespective of the size, commodity or trade exchange. It comes with zero account opening charges and a flat ₹10 per executed order for mutual fund investment. In 5Paisa you can buy direct mutual funds and regular mutual funds. You have to pay some AMC charges too.
5 Paisa comes with three subscription plans. Such as basic pack, power investor pack and ultra trader pack. These plans will help you a lot.
5Paisa Refer and Earn
The online stock brokerage company 5Paisa comes with a beautiful referral offer. If you refer a friend then you will earn ₹500 (for the first referral) and up to 40% brokerage fee for a lifetime. To refer a friend you need to open a Demat account in 5Paisa first.
There are three sections in 5Paisa referral. Such as Star, Elite Club and Pro. Your referral commission will keep increasing if you refer more friends.
- First of all, open the 5Paisa App.
- Tap on the ‘User’ option.
- Scroll down and tap on the ‘Refer and Earn’ option.
- Copy your 5Paisa referral code.
- Now tap on WhatsApp option and share referral link.
- Once your friend completes their profile and open their Demat account, you will get reward.
Referral Commission
| Category | Referrals | Commission |
|---|---|---|
| First Referral | 1 | ₹500 |
| STAR | 5 Friends | 12.5% Brokerage Sharing |
| ELITE Club | 6+ Friends | 25% Brokerage Sharing |
| PRO Referrer | 26+ Friends | 40% Brokerage Sharing |
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