One of India;s Leading Discount Stockbroking Company 5Paisa.com has recently introduced Options-X, a low-cost brokerage plan and most affordable for options trading, which enabled investors and traders to capitalize on better market opportunities with higher exposure in volatile markets.
As you see everyday lots of Individual Traders and investors are coming to Indian stock market to get higher returns that will almost double their capital. And if you check that Option is one of the most versatile tool and low risk investment in stock market where in the traders gets the benefit of flexibility under their wing, which allows one to leverage and safeguard their position and boost returns. One can also utilize the risks attached to sail through the market and get the best result oriented profits. However, options trading carries a substantial amount of risk and hence is very speculative in nature.
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.”
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In order to use Options-X, customers need to pay a flat fee of ₹2 a lot, the lowest in the industry. The scheme is applicable for intra-day options trading in equity and will be soon added for currency and commodity segments. Options–X customers will be able to enjoy five times exposure for options trading on all days and 10 times exposure for options trading on expiry days. “We always focus on the lowest cost and best technologies to enable customers to meet their desired goals… With Options-X we expect at least 100 per cent growth in customers in the current year,” said Prakarsh Gagdani, CEO, 5Paisa.com.