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Mumbai based 5paisa is engaged in providing financial products through its online technology platform and mobile applications. It is registered with SEBI as a stock broker, depository participant and research analyst, and with AMFI as a mutual fund distributor. Its services are targeted at retail investors and high volume traders who actively invest and trade in securities market and seek DIY services at a low cost. 5paisa offers advisory services through the research undertaken by a team of fundamental and technical research analysts and depository related services as part of its integrated services offering.