Sharekhan Vs Finvasia (Compare Sharekhan and Finvasia)
The side-by-side comparison of Sharekhan and Finvasia. Compare Sharekhan Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Sharekhan review.
Find out Sharekhan Vs Finvasia which is better and Sharekhan Vs Finvasia which is best.
Our Sharekhan comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Finvasia.
Sharekhan Vs Finvasia
Sharekhan
Finvasia
Find more info about broker
About the Broker
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f...
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...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX
Account Type
Classic Account
Standard
Broker Enquiry
Year of Incorporation
2000
2013
Number of Branches
2800
1
Enquire Sharekhan
Enquire Finvasia
Sharekhan Vs Finvasia Charges
Sharekhan
Finvasia
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 (Free for 1st year)
₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory?
No
No
Sharekhan Vs Finvasia Brokerage
Brokerage Plan 1
Sharekhan
Finvasia
Account Type
Classic Account
Standard
Fixed Charges
Equity Delivery Brokerage
0.50%
₹0
Equity Intraday Brokerage
0.10%
₹0
Equity Futures Brokerage
0.10%
₹0
Equity Options Brokerage
₹50 per lot
₹0
Currency Futures Trading Brokerage
0.10%
₹0
Currency Options Trading Brokerage
₹30 per lot
₹0
Commodity Futures Trading Brokerage
0.03%
₹0
Commodity Options Trading Brokerage
0.03%
₹0
Brokerage Plan 2
Sharekhan
Finvasia
Account Type
Prepaid - ₹1 Lakh
Standard
Fixed Charges
₹1,00,000 per year
NA
Equity Delivery Brokerage
0.10%
₹0
Equity Intraday Brokerage
0.015%
₹0
Equity Futures Brokerage
0.015%
₹0
Equity Options Brokerage
0.05% or ₹63 per lot
₹0
Currency Futures Trading Brokerage
₹0
Currency Options Trading Brokerage
₹0
Commodity Futures Trading Brokerage
₹0
Commodity Options Trading Brokerage
₹0
Brokerage Plan 3
Sharekhan
Finvasia
Account Type
Margin - ₹1 Lakh
Standard
Fixed Charges
₹1,00,000 margin
NA
Equity Delivery Brokerage
0.25%
₹0
Equity Intraday Brokerage
0.05%
₹0
Equity Futures Brokerage
0.05%
₹0
Equity Options Brokerage
1% or ₹70 per lot
₹0
Currency Futures Trading Brokerage
₹0
Currency Options Trading Brokerage
₹0
Commodity Futures Trading Brokerage
₹0
Commodity Options Trading Brokerage
₹0
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
₹0
Other Brokerage Charges
Bracket Orders in NEST: ₹99 per month
Call & Trade Charges
Rs 20
₹0
Sharekhan Vs Finvasia Taxes
Sharekhan
Finvasia
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)
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.
Sharekhan Vs Finvasia Transaction Charges
Sharekhan
Finvasia
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
₹115 per Cr (0.00115%)
Currency Options
NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
₹4000 per Cr (0.04%) (on premium)
Commodity
MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
₹260 per Cr (0.0026%)
Sharekhan Vs Finvasia Exposure Margin
Sharekhan
Finvasia
Equity Delivery
Upto 5x with 24% interest per year
1x
Equity Intraday
Upto 10x
up to 10x
Equity Futures
2x for Intraday
2x
Equity Options
Nil
1x
Currency Futures
Nil
1x
Currency Options
Nil
1x
Commodity Futures
Upto 2x for Intraday
2x
Commodity Options
1x
Sharekhan and Finvasia Feature Comparison
Sharekhan
Finvasia
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
TradeTiger, Sharekhan Mobile
Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time
3:30 PM
3:15 PM
Other Features
Pattern finder, Class room training
Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Sharekhan Vs Finvasia Review
Sharekhan
Finvasia
278 Customer Reviews
10 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Sharekhan is Rated 3.4 / 5 based on 278 customer reviews Finvasia is Rated 4.7 / 5 based on 10 customer reviews
Sharekhan Vs Finvasia Investment Options
Sharekhan
Finvasia
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Sharekhan Vs Finvasia Customer Service
Sharekhan
Finvasia
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs Finvasia Order Type Offered
Sharekhan
Finvasia
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs Finvasia Research Report
Sharekhan
Finvasia
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs Finvasia Suitable For Investor Type
Sharekhan
Finvasia
Casual Investor
Active Investor
Trader
Sharekhan Vs Finvasia - Advantages and Disadvantages
Sharekhan
Finvasia
Pros
It has a strong network of over 1950 branches across India.
The fund transfer from and to the trading account is free.
The share transfer from and to the DP account is free when trading from Sharekhan trading account.
The 'TradeTiger' is the most popular trading terminal in India.
Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
Stock SIP is available.
Loan against shares, margin funding, ipo financing and ESOP funding is available.
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
Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
Sharekhan brokerage is high in comparison to the discount brokers.
Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.
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
Free Trading & Demat Account (for limited time only) Sharekhan offersFREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.
This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
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