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Karvy Vs Finvasia (Compare Karvy and Finvasia)

The side-by-side comparison of Karvy and Finvasia. Compare Karvy Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Karvy review.

Find out Karvy Vs Finvasia which is better and Karvy Vs Finvasia which is best.

Our Karvy Stock Broking Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Karvy and Finvasia.

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Karvy Vs Finvasia

  Karvy Finvasia
Find more info about broker
Karvy Stock Broking Ltd Logo Finvasia Securities Pvt Ltd Logo
About the Broker

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

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Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking 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 management, in... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan Standard
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
Year of Incorporation 1985 2013
Number of Branches 575 1
Enquire Finvasia
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Karvy Vs Finvasia Charges

  Karvy Finvasia
Trading Account Opening Fees ₹650 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹420 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Karvy Vs Finvasia Brokerage

Brokerage Plan 1

  Karvy Finvasia
Account Type Retail Brokerage Plan Standard
Fixed Charges
Equity Delivery Brokerage 0.3% ₹0
Equity Intraday Brokerage 0.03% ₹0
Equity Futures Brokerage 0.03% ₹0
Equity Options Brokerage ₹30 per lot ₹0
Currency Futures Trading Brokerage 0.03% ₹0
Currency Options Trading Brokerage ₹30 per lot ₹0
Commodity Futures Trading Brokerage 0.03% ₹0
Commodity Options Trading Brokerage ₹30 per lot ₹0
Special Offer

Brokerage Plan 2

  Karvy Finvasia
Account Type Premium Subscription Plan of 100000 Standard
Fixed Charges ₹100,000 per year NA
Equity Delivery Brokerage 0.1% ₹0
Equity Intraday Brokerage 0.01% ₹0
Equity Futures Brokerage 0.01% ₹0
Equity Options Brokerage ₹10 per lot ₹0
Currency Futures Trading Brokerage 0.01% ₹0
Currency Options Trading Brokerage ₹10 per lot ₹0
Commodity Futures Trading Brokerage 0.01% ₹0
Commodity Options Trading Brokerage ₹10 per lot ₹0

Other Charges

Minimum Brokerage Charges Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹0
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Karvy Vs Finvasia Taxes

  Karvy Finvasia
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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Karvy Vs Finvasia Transaction Charges

  Karvy Finvasia
Equity Delivery ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures ₹230 NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options ₹5500 ₹5000 per Cr (0.05%) (on premium)
Currency Futures ₹325 ₹115 per Cr (0.00115%)
Currency Options ₹4000 per Cr (0.04%) (on premium)
Commodity ₹300 ₹260 per Cr (0.0026%)
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Karvy Vs Finvasia Exposure Margin

  Karvy Finvasia
Equity Delivery Upto 5x with 24% interest per year 1x
Equity Intraday Upto 20x up to 10x
Equity Futures Upto 4x 2x
Equity Options Upto 4x for shorting 1x
Currency Futures Nil 1x
Currency Options Nil 1x
Commodity Futures Upto 4x 2x
Commodity Options 1x
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Karvy and Finvasia Feature Comparison

  Karvy Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform NEST, Karvy Web, Trade Mobile Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 3:15 PM
Other Features Ask the expert, The Finapolis Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Karvy Vs Finvasia Review

  Karvy Finvasia
  24 Customer Reviews    Rate Karvy 14 Customer Reviews    Rate Finvasia
Fees 2.6 4.4
Trading Brokerage 2.4 4.8
Trading Platform Usability 2.7 2.9
Customer Service 2.2 4.7
Research Capabilities 3.0
Overall Ratings Rated 2.0 stars Rated 4.5 stars
Broker Rating Karvy is Rated 2.0 / 5 based on 24 customer reviews Finvasia is Rated 4.5 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Karvy Enquire Finvasia Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

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Karvy Vs Finvasia Investment Options

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

  Karvy Finvasia
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes No
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Karvy Vs Finvasia Order Type Offered

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

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

  Karvy Finvasia
Casual Investor Yes
Active Investor Yes
Trader Yes
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Karvy Vs Finvasia - Advantages and Disadvantages

  Karvy Finvasia
Pros
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

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
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

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...

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