Karvy Vs Finvasia (Compare Karvy and Finvasia)

The side-by-side comparison of Karvy and Finvasia. Compare Karvy Vs Finvasia brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Karvy vs Finvasia?


Karvy

Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.

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,

Need Help Moving to Another Broker?

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, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking 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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Karvy Vs Finvasia

Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Karvy Finvasia
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan Standard
Year of Incorporation 1985 2013
Number of Branches 575 1
Broker Enquiry Open an Online Trading Account with Finvasia. Leave your contact info and we will get in touch with you.
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Karvy Vs Finvasia Charges & AMC

Karvy trading account opening charges is ₹650 while Finvasia account opening changes is ₹0 (Free). Karvy Demat Account AMC Charges is ₹420 and Finvasia Demat Account AMC Charges is ₹0 per year (Lifetime Zero AMC).

  Karvy Finvasia
Trading Account Opening Charges ₹650 ₹0 (Free)
Trading Account AMC Charges ₹0 ₹0 (Free)
Demat Account Opening Charges ₹0 ₹0 (Free)
Demat Account AMC Charges ₹420 ₹0 per year (Lifetime Zero AMC)
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Karvy Vs Finvasia Brokerage Charges & Plans

Karvy Vs Finvasia Brokerage

Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Finvasia brokerage charges for equity is ₹0 and intraday is ₹0.

  Karvy Finvasia
Account Type Retail Brokerage Plan Standard
Fixed Charges NA
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

Karvy Vs Finvasia 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

Karvy Charges Vs Finvasia

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 Transaction Charges

Karvy transaction charges for options is ₹5500 while Finvasia exchange transaction charges for options is ₹5000 per Cr (0.05%) (on premium).

  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 Leverage (Margin)

Karvy provides the margin of Upto 20x for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

  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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Compare Karvy and Finvasia Features

The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  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 is rated 2.0 of 5 based on 24 customer reviews whereas Finvasia is rated 4.5 of 5 based on 28 customer reviews.

  Karvy Finvasia
  24 Customer Reviews    Rate Karvy 28 Customer Reviews    Rate Finvasia
Fees 2.6 4.7
Trading Brokerage 2.4 4.9
Trading Platform Usability 2.7 3.4
Customer Service 2.2 4.5
Research Capabilities 2.7
Overall Ratings Rated 2.0 stars Rated 4.5 stars
Broker Rating Karvy is rated 2.0 of 5 based on 24 customer reviews Finvasia is rated 4.5 of 5 based on 28 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 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 - Pros and Cons

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