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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 Stock Broking Ltd Finvasia Securities Pvt Ltd
 
Karvy Stock Broking Ltd Logo Finvasia Securities Pvt Ltd Logo
About the 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, 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 manageme... Know more about Finvasia Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan Standard
Broker Enquiry Open an Online Trading Account with Karvy. 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 1985 2013
Number of Branches 575 1
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Karvy Vs Finvasia Charges

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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 Stock Broking Ltd Finvasia Securities Pvt Ltd
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

Brokerage Plan 2

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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

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 None
Call & Trade Charges ₹0
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Karvy Vs Finvasia Taxes

  Karvy Stock Broking 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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Karvy Vs Finvasia Transaction Charges

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Equity Delivery ₹325 ₹325/crore
Equity Intraday ₹325 ₹325/crore
Equity Futures ₹230 ₹190/crore
Equity Options ₹5500 ₹5000/crore of premium
Currency Futures ₹325 ₹115/crore
Currency Options ₹4000/crore of premium
Commodity ₹300 ₹260/crore
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Karvy Vs Finvasia Exposure Margin

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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
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Karvy and Finvasia Feature Comparison

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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
Margin Against Shares (Equity F&O) Yes
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 Stock Broking Ltd Finvasia Securities Pvt Ltd
  21 Customer Reviews    Rate Karvy 9 Customer Reviews    Rate Finvasia
Fees Ratings 2.7 4.4
Trading Brokerage Rating 2.4 4.8
Trading Platform Usability 2.8 3.0
Customer Service Ratings 2.4 4.7
Overall Ratings Rated 2.1 stars Rated 4.7 stars
Broker Rating Karvy is Rated 2.1 / 5 based on 21 customer reviews Finvasia is Rated 4.7 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
Contact / Request Call Back
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Karvy Vs Finvasia Investment Options

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

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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 Stock Broking Ltd Finvasia Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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Karvy Vs Finvasia - Advantages and Disadvantages

  Karvy Stock Broking Ltd Finvasia Securities Pvt Ltd
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...

Reviews
Promo / Offers

Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund

Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.

Interested in opening a trading account? Request Callback from Karvy Stock Broking.

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