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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.

Fyers Vs Finvasia

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
	Fyers Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Finvasia Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

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 manageme...
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

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

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

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.

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

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 Futures	NA	2x
Commodity Options

Fyers and Finvasia Feature Comparison

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
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 Securities Ltd	Finvasia Securities Pvt Ltd
	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

Contact Broker / Request A Call Back

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Fyers Vs Finvasia Investment Options

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs Finvasia Customer Service

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches

Fyers Vs Finvasia Order Type Offered

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
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 Securities Ltd	Finvasia Securities Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Finvasia Suitable For Investor Type

	Fyers Securities Ltd	Finvasia Securities Pvt Ltd
Casual Investor
Active Investor
Trader

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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