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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, leverage, margin, demat account and intraday trading. Find which is best Fyers vs 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
Supported Exchnages NSE, MCX BSE, NSE, MCX
Account Type Flat Fee Brokerage Plan Standard
Year of Incorporation 2015 2013
Number of Branches 0 1
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.
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Fyers Vs Finvasia Charges & AMC

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

  Fyers Finvasia
Trading Account Opening Charges ₹0 (Free) ₹0 (Free)
Trading Account AMC Charges ₹0 (Free) ₹0 (Free)
Demat Account Opening Charges ₹400 ₹0 (Free)
Demat Account AMC Charges ₹300 ₹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 ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower whereas Finvasia brokerage charges for equity is ₹0 and intraday is ₹0.

  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 .03% whichever is lower ₹0
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Equity Options Brokerage ₹20 per executed order ₹0
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Currency Options Trading Brokerage ₹20 per executed order ₹0
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower ₹0
Commodity Options Trading Brokerage ₹20 per executed order ₹0
Special Offer
Special Offer: FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

Fyers Charges Vs Finvasia

Minimum Brokerage Charges Intra-day: ₹7 or 2.5% whichever is lower ₹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
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Fyers Vs Finvasia Transaction Charges

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

  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%)
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Fyers Vs Finvasia Leverage (Margin)

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

  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
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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 Available 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 4.0 of 5 based on 13 customer reviews whereas Finvasia is rated 4.6 of 5 based on 17 customer reviews.

  Fyers Finvasia
  13 Customer Reviews    Rate Fyers 17 Customer Reviews    Rate Finvasia
Fees 3.6 4.5
Trading Brokerage 3.9 4.8
Trading Platform Usability 3.6 3.1
Customer Service 4.2 4.6
Research Capabilities 2.0 2.8
Overall Ratings Rated 4.0 stars Rated 4.6 stars
Broker Rating Fyers is rated 4.0 of 5 based on 13 customer reviews Finvasia is rated 4.6 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

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Contact Broker

FREE Equity Delivery Trades (No Brokerage) + Get FREE Trading for Limited Time. Get the offer

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
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 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 - 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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