5Paisa.com ventures in option trading, currency and commodity segments to come soon
It will allow the customers to effectively capitalize on market opportunities
Several individuals partake the step of making investments to get returns that will double their funds. One of the most versatile tool of investment is Option trading wherein the investor gets the benefit of flexibility under their wing, which allows one to leverage one's position and boost returns. One can also utilise the risks attached to sail through the market and garner profit. However, options trading carries a substantial amount of risk and hence is very speculative in its construct.
The country's most affordable discount broker 5Paisa.com recently launched Options-X which will be India's lowest costing exclusive brokerage plan for Options Trading. It will allow the customers to effectively capitalize on market opportunities with higher exposure.
With the Options –X, customers will now be able to benefit from 5x exposure on 5Paise.com's platform for options trading on all days. Additionally, there will be 10x exposure on options trading on expiry days. To avail access to options trading on 5.Paisa.com, the individual will be asked to pay a flat rs 2 per lot, which is the lowest in the industry.
The scheme is available for intraday options trading in equity. It will also witness an addition for currency and commodity segments soon.
Commenting on the latest development, Prakarsh Gagdani, CEO, 5Paisa.com, said, “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.”