Fyers Vs Finvasia (Compare Fyers and Finvasia)
The side-by-side comparison of Fyers and Finvasia. Compare Fyers Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Fyers review.
Find out Fyers Vs Finvasia which is better and Fyers Vs Finvasia which is best.
Our Fyers Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Fyers and Finvasia.
Fyers Vs Finvasia
Fyers
Finvasia
Find more info about broker
About the Broker
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representi...
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, in...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, MCX
BSE, NSE, MCX
Account Type
Flat Fee Brokerage Plan
Standard
Broker Enquiry
Year of Incorporation
2015
2013
Number of Branches
0
1
Enquire Fyers
Enquire Finvasia
Fyers Vs Finvasia Charges
Fyers
Finvasia
Trading Account Opening Fees
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Demat Account Opening Fees
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹400
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
Fyers Vs Finvasia Brokerage
Brokerage Plan 1
Fyers
Finvasia
Account Type
Flat Fee Brokerage Plan
Standard
Fixed Charges
NA
Equity Delivery Brokerage
₹0 (Free)
₹0
Equity Intraday Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Equity Futures Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Equity Options Brokerage
₹20 per executed order
₹0
Currency Futures Trading Brokerage
₹20 per executed order or .01% whichever is lower
₹0
Currency Options Trading Brokerage
₹20 per executed order
₹0
Commodity Futures Trading Brokerage
NA
₹0
Commodity Options Trading Brokerage
₹0
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Bracket Orders in NEST: ₹99 per month
Call & Trade Charges
₹20 per trade
₹0
Fyers Vs Finvasia Taxes
Fyers
Finvasia
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Fyers Vs Finvasia Transaction Charges
Fyers
Finvasia
Equity Delivery
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday
₹325 per Cr (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures
₹240 per Cr (0.0024%)
NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options
₹5900 per Cr (on premium) (0.059%)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
₹240 per Cr (0.0024%)
₹115 per Cr (0.00115%)
Currency Options
₹5900 per Cr (on premium) (0.059%)
₹4000 per Cr (0.04%) (on premium)
Commodity
NA
₹260 per Cr (0.0026%)
Fyers Vs Finvasia Exposure Margin
Fyers
Finvasia
Equity Delivery
1 times
1x
Equity Intraday
Up to 16x (based on the stock)
up to 10x
Equity Futures
Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
2x
Equity Options
Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
1x
Currency Futures
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
1x
Currency Options
Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
1x
Commodity Futures
NA
2x
Commodity Options
1x
Fyers and Finvasia Feature Comparison
Fyers
Finvasia
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Fyers One (In-house build)
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:20 PM
3:15 PM
Other Features
Brokerage free thematic investing is available
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Fyers Vs Finvasia Review
Fyers
Finvasia
10 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Fyers is Rated 3.7 / 5 based on 10 customer reviews Finvasia is Rated 4.7 / 5 based on 10 customer reviews
Fyers Vs Finvasia Investment Options
Fyers
Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Fyers Vs Finvasia Customer Service
Fyers
Finvasia
24/7 Customer Service
Onine Live Chat
Through Branches
Fyers Vs Finvasia Order Type Offered
Fyers
Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Fyers Vs Finvasia Research Report
Fyers
Finvasia
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Fyers Vs Finvasia Suitable For Investor Type
Fyers
Finvasia
Casual Investor
Active Investor
Trader
Fyers Vs Finvasia - Advantages and Disadvantages
Fyers
Finvasia
Pros
Free equity delivery trades and thematic investments. No brokerage for this segment.
Very low brokerage charges of maximum ₹20 per trade.
No software charges.
State of art trading platforms.
Thematic investment is available
Refer your friends and earn 20% of the revenues generated by your friends, for life!
More Advantages...
Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
Doesn't charge any trade clearing charges.
A variety of trading platforms are available for the trader to choose from.
Provides trading API and support Algo trading tools.
Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
Call & trade is available for free to all the customers.
GTC orders are available in MCX.
More Advantages...
Cons
Depository services are offered through another company (IL&FS). Higher demat charges.
No branch offices.
No good 'til canceled (GTC) orders.
More Disadvantages...
Finvasia is an online stock broker. Except for Chandigarh, it doesn't have branch offices, partner office or franchises.
Doesn't offer a 3-in-1 account.
Doesn't offer margin funding. The company is planning to launch this service in future.
Leverage offered is on the lower side in comparison with other discount brokers.
NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
GTC orders are not available at NSE and BSE.
More Disadvantages...
Reviews
Promo / Offers
Fyers offer FREE Trading Account (₹0 account opening fee). Equity delivery trades are FREE (no brokerage) , for other segments you pay ₹20 per trade flat broekrage fee.
This is a limited time offer. Simply leave your contact information with us and Fyers representatives will contact you.
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