Sharekhan Vs Finvasia (Compare Sharekhan and Finvasia)

Sharekhan Vs Finvasia

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Sharekhan	Finvasia
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX
Year of Incorporation	2000	2013
Number of Branches	2800	1
	Enquire Sharekhan	Enquire Finvasia

Sharekhan Vs Finvasia Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Finvasia account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

	Sharekhan	Finvasia
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 0 per year (Lifetime Zero AMC)

Sharekhan Vs Finvasia Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

	Sharekhan	Finvasia
Account Type	Classic Account	Standard
Fixed Charges		NA
Equity Delivery	0.50%	Rs 0
Equity Intraday	0.10%	Rs 0
Equity Futures	0.10%	Rs 0
Equity Options	Rs 50 per lot	Rs 0
Currency Futures	0.10%	Rs 0
Currency Options	Rs 30 per lot	Rs 0
Commodity Futures	0.03%	Rs 0
Commodity Options	0.03%	Rs 0
Special Offer	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Sharekhan Vs Finvasia Brokerage Plan 2

	Sharekhan	Finvasia
Account Type	Prepaid - ₹1 Lakh	Standard
Fixed Charges	Rs 1,00,000 per year	NA
Equity Delivery	0.10%	Rs 0
Equity Intraday	0.015%	Rs 0
Equity Futures	0.015%	Rs 0
Equity Options	0.05% or Rs 63 per lot	Rs 0
Currency Futures		Rs 0
Currency Options		Rs 0
Commodity Futures		Rs 0
Commodity Options		Rs 0
	Enquire Sharekhan	Enquire Finvasia

Sharekhan Vs Finvasia Brokerage Plan 3

	Sharekhan	Finvasia
Account Type	Margin - ₹1 Lakh	Standard
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	Rs 0
Equity Intraday	0.05%	Rs 0
Equity Futures	0.05%	Rs 0
Equity Options	1% or Rs 70 per lot	Rs 0
Currency Futures		Rs 0
Currency Options		Rs 0
Commodity Futures		Rs 0
Commodity Options		Rs 0
	Enquire Sharekhan	Enquire Finvasia

Sharekhan Charges Vs Finvasia

Minimum Brokerage	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Rs 0
Other Charges		Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges	Rs 20	Rs 0

Sharekhan Vs Finvasia Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	Sharekhan	Finvasia
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)	Rs 115 per Cr (0.00115%)
Currency Options	NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)	Rs 260 per Cr (0.0026%)
	Enquire Sharekhan	Enquire Finvasia

Sharekhan Vs Finvasia Leverage (Margin)

Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Finvasia margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Sharekhan	Finvasia
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Sharekhan	Enquire Finvasia

Compare Sharekhan and Finvasia Features

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

	Sharekhan	Finvasia
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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
	Enquire Sharekhan	Enquire Finvasia

Sharekhan Vs Finvasia Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Finvasia is rated 4.5 of 5 based on 39 customer reviews.

	Sharekhan	Finvasia
	301 Customer Reviews	39 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 301 customer reviews	Finvasia is rated 4.5 of 5 based on 39 customer reviews

Sharekhan Vs Finvasia Investment Options

	Sharekhan	Finvasia
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

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)
	Enquire Sharekhan	Enquire Finvasia

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 - Pros and Cons

	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.	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	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 Rs 400 as AMC for trading account in addition to Rs 400 for demat account.	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.
Reviews
Promo / Offers	Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. 1 Year FREE access to TradeTiger Trading Terminal. This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
	Enquire Sharekhan	Enquire Finvasia