By Samachar Digital News
Chandigarh 26th
June:- India’s most affordable discount broker 5Paisa.com has today,
announced the launch of Options–X, India’s lowest cost exclusive
brokerage plan for Options Trading, which allows customers to effectively
capitalize on market opportunities with higher exposure.
5Paisa.com app, has close
to 30 lac users, and through Options –X customers will be able to enjoy 5x exposure
for options trading on all days, and 10x exposure for options trading on expiry
days. In order to use Options – X, customers will need to pay a flat fee of Rs
2/lot, the lowest in the industry. The scheme is applicable for intraday
options trading in equity and will be soon added for currency and commodity
segments as well.
Prakarsh Gagdani, CEO, 5Paisa.com
said that at 5 Paisa.com we always focus on the lowest cost and best
technologies to enable customers to meet their desired goals. Options traders
prefer our platform for lighting fast speed and no downtime. With Options – X
we expect at least 100% growth in customers in the current year.
5Paisa.com, which is the
only listed discount broker in India with a daily average turnover of about Rs
25,000 crores achieved 185% growth on customer acquisition in the quarter ended
March 2019. It has grown its market share to 2.4% in the cash segment and 1.9%
overall in just about three years of its operations.
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