Fyers Vs Finvasia (Compare Fyers and Finvasia)


Fyers
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", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd


Finvasia
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, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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Fyers Vs Finvasia

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Fyers Finvasia
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, MCX BSE, NSE, MCX
Year of Incorporation 2015 2013
Number of Branches 0 1
Open an Online Trading Account with Fyers.Open an Online Trading Account with Finvasia.
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Fyers Vs Finvasia Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Finvasia account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 300 and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

  Fyers Finvasia
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 per year (Lifetime Zero AMC)
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Fyers Vs Finvasia Brokerage Charges & Plans

Fyers Vs Finvasia Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

  Fyers Finvasia
Account Type Flat Fee Brokerage Plan Standard
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Commodity Options Rs 20 per executed order Rs 0
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Fyers Charges Vs Finvasia

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower Rs 0
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 20 per trade Rs 0
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Fyers Vs Finvasia Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Fyers Finvasia
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures Rs 240 per Cr (0.0024%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options Rs 5900 per Cr (on premium) (0.059%) Rs 5000 per Cr (0.05%) (on premium)
Currency Futures Rs 240 per Cr (0.0024%) Rs 115 per Cr (0.00115%)
Currency Options Rs 5900 per Cr (on premium) (0.059%) Rs 4000 per Cr (0.04%) (on premium)
Commodity NA Rs 260 per Cr (0.0026%)
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Fyers Vs Finvasia Leverage (Margin)

Fyers margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Finvasia margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Fyers Finvasia
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Fyers and Finvasia Features

The trading platforms offered Fyers include Fyers One (In-house build). Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Fyers Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
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 Yes
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Fyers Vs Finvasia Review

Fyers is rated 3.2 of 5 based on 21 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

  Fyers Finvasia
  21 Customer Reviews    Rate Fyers 40 Customer Reviews    Rate Finvasia
Fees 3.3 4.7
Brokerage 3.7 4.9
Trading Platform 3.2 3.6
Customer Service 3.4 4.5
Research Capabilities 1.7 2.9
Overall Ratings Rated 3.2 stars Rated 4.6 stars
Broker Rating Fyers is rated 3.2 of 5 based on 21 customer reviews Finvasia is rated 4.6 of 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Leave your contact information and we will get in touch with you....
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Fyers Vs Finvasia Investment Options

  Fyers Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options
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Fyers Vs Finvasia Order Type Offered

  Fyers Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
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Fyers Vs Finvasia Research Report

  Fyers Finvasia
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Fyers Vs Finvasia Suitable For Investor Type

  Fyers Finvasia
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Fyers Vs Finvasia - Pros and Cons

  Fyers Finvasia
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • 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!
  • 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.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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