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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.

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Fyers Vs Finvasia

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
 
Fyers Securities Ltd Logo Finvasia Securities Pvt Ltd Logo
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... Know more about Fyers Securities Ltd 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage NSE, MCX BSE, NSE, MCX
Account Type Flat Fee Brokerage Plan Standard
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 2015
Number of Branches 1
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Fyers Vs Finvasia Charges

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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
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Fyers Vs Finvasia Brokerage

Brokerage Plan 1

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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

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) None
Call & Trade Charges ₹20 per trade ₹0
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Fyers Vs Finvasia Taxes

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Fyers Vs Finvasia Transaction Charges

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
Equity Delivery ₹325 per crore (0.00325%) ₹325/crore
Equity Intraday ₹325 per crore (0.00325%) ₹325/crore
Equity Futures ₹240 per crore (0.0024%) ₹190/crore
Equity Options ₹5900 per crore (on premium) (0.059%) ₹5000/crore of premium
Currency Futures ₹240 per crore (0.0024%) ₹115/crore
Currency Options ₹5900 per crore (on premium) (0.059%) ₹4000/crore of premium
Commodity NA ₹260/crore
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Fyers Vs Finvasia Exposure Margin

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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 NA 2x
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Fyers and Finvasia Feature Comparison

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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 Available No No
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 Yes
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Fyers Vs Finvasia Review

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
  8 Customer Reviews    Rate Fyers 9 Customer Reviews    Rate Finvasia
Fees Ratings 3.1 4.4
Trading Brokerage Rating 3.9 4.8
Trading Platform Usability 3.0 3.0
Customer Service Ratings 4.0 4.7
Overall Ratings Rated 3.6 stars Rated 4.7 stars
Broker Rating Fyers is Rated 3.6 / 5 based on 8 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Fyers Vs Finvasia Investment Options

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Bond / NCD No No
Debt No No
Other Investment Options
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Fyers Vs Finvasia Customer Service

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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Fyers Vs Finvasia Order Type Offered

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

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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 Securities Ltd Finvasia Securities Pvt Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Fyers Vs Finvasia - Advantages and Disadvantages

  Fyers Securities Ltd Finvasia Securities Pvt Ltd
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.

Enquire about Fyers Enquire about Finvasia
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