Chittorgarh.com
Free Trading + Demat Account

Zerodha Vs Finvasia Share Broker Comparison

The side-by-side comparison of Zerodha and Finvasia Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Finvasia's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and Finvasia.

  Zerodha Finvasia Securities Pvt Ltd
 
Zerodha Logo Finvasia Securities Pvt Ltd Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh... Know more about Zerodha 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 What is this parameter? Discount Broker Full Service Broker
Supported Exchnage What is this parameter? NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type What is this parameter? Standard Plan Standard
Broker Enquiry Open an Online Trading Account with Zerodha. 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.
Expand

Stock Broker Fees / Charges

  Zerodha Finvasia Securities Pvt Ltd
Trading Account Opening Fees What is this parameter? ₹300 ₹0 (Free)
Trading Account AMC What is this parameter? ₹0 (Free) ₹0 (Free)
Demat Account Opening Fees What is this parameter? ₹100 ₹0 (Free)
Demat Account AMC What is this parameter? ₹300 ₹0 per year (₹1000 for corporate)
Demat Account is Mandatory? What is this parameter? No No
Expand

Trading Brokerage Charges

Brokerage Plan 1

  Zerodha Finvasia Securities Pvt Ltd
Account Type Standard Plan Standard
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? ₹0 (Free) ₹0
Equity Intraday Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Equity Futures Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Equity Options Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Currency Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Currency Options Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Commodity Futures Trading Brokerage What is this parameter? ₹20 per executed order or .01% whichever is lower ₹0
Commodity Options Trading Brokerage What is this parameter?

Other Charges

Minimum Brokerage Charges What is this parameter? ₹0 ₹0
Other Brokerage Charges What is this parameter? Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS None
Call & Trade Charges What is this parameter? ₹20 per executed order ₹0
Expand

Taxes

  Zerodha Finvasia Securities Pvt Ltd
Securities Transaction Tax (STT) What is this parameter?
  • 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 What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
Expand

Transaction Charges

  Zerodha Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) ₹325/crore
Equity Intraday What is this parameter? NSE ₹325 per crore | BSE ₹1 per trade (each side) ₹325/crore
Equity Futures What is this parameter? NSE ₹210 per crore | BSE ₹1 per trade (each side) ₹190/crore
Equity Options What is this parameter? NSE ₹5300 per crore | BSE ₹1 per trade (each side) ₹5000/crore of premium
Currency Futures What is this parameter? NSE ₹135 per crore (0.00135%) ₹115/crore
Currency Options What is this parameter? NSE ₹4400 (on premium) per crore (0.044%) ₹4000/crore of premium
Commodity What is this parameter? Non-Agri ₹360 (0.0036%) | Agri ₹275 per Crore ₹260/crore
Expand

Exposure

  Zerodha Finvasia Securities Pvt Ltd
Equity Delivery What is this parameter? 1x (no margin) 1x
Equity Intraday What is this parameter? Up to 20x (based on the stock) up to 10x
Equity Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 2x
Equity Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Currency Futures What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Currency Options What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Commodity What is this parameter? Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span 2x
Expand

Share Broker Features

  Zerodha Finvasia Securities Pvt Ltd
3 in 1 Account What is this parameter? No No
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? Yes Yes
SMS Alerts What is this parameter? No No
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? No Yes
Margin Trading Funding Available What is this parameter? No No
Trading Platform What is this parameter? Kite Web, Kite Android/iOS, Pi, Coin Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time What is this parameter? 3:10 PM 3:15 PM
Other Features What is this parameter? Direct Mutual Funds Asset management, Investment Banking, Advisory, and Currency hedging.
Expand

Broker Ratings (Average User Rating)

  Zerodha Finvasia Securities Pvt Ltd
  321 Customer Reviews    Rate Zerodha 5 Customer Reviews    Rate Finvasia
Fees Ratings 3.8 5.0
Trading Brokerage Rating 4.4 5.0
Trading Platform Usability 3.6 2.8
Customer Service Ratings 3.5 4.6
Overall Ratings Rated 3.8 stars Rated 4.8 stars
Broker Rating Zerodha is Rated 3.8 / 5 based on 321 customer reviews Finvasia is Rated 4.8 / 5 based on 5 customer reviews
Expand

Contact Broker / Request A Call Back

  Zerodha Finvasia Securities Pvt Ltd
Contact / Request Call Back
Expand

Investment Options Available

  Zerodha Finvasia Securities Pvt Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? No Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? No No
Debt What is this parameter? No No
Other Investment Options What is this parameter?
Expand

Customer Service Offered

  Zerodha Finvasia Securities Pvt Ltd
24/7 Customer Service What is this parameter? No No
Onine Live Chat What is this parameter? No Yes
Through Branches What is this parameter? No No
Expand

Order Type

  Zerodha Finvasia Securities Pvt Ltd
Bracket Order What is this parameter?
Cover Order What is this parameter?
Buy Today Sell Tomorrow (BTST) What is this parameter?
Sell Today Buy Tomorrow (STBT) What is this parameter?
After Market Order(AMO) What is this parameter?
Good Till Cancelled (GTC) What is this parameter?
Expand

Research / Tips / Reports Published

  Zerodha Finvasia Securities Pvt Ltd
Daily Market Report What is this parameter? No Yes
Free Tips What is this parameter? No No
Quarterly Result Analysis What is this parameter? No No
News Alerts What is this parameter? No No
Expand

Suitable for Investor Category

  Zerodha Finvasia Securities Pvt Ltd
Casual Investor What is this parameter?
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes Yes

Expand

Pros, Cons and Other Review Comments

  Zerodha Finvasia Securities Pvt Ltd
Pros What is this parameter?
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

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 What is this parameter?
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

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 What is this parameter? Useful Articles about Zerodha:
Promo / Offers What is this parameter?

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Enquire about Zerodha Enquire about Finvasia
Compare More Brokers
special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha
    The Discount Stock Broker

Free Equity Delivery Trades
Flat ₹20 Per Trade in F&O

Enquire Now

2nd largest stockbroker by the no. of clients.

5paisa Review  5paisa
    Fast Growing Discount Stock Broker

Trading at Flat ₹10 Per Trade

Instant - Online Account Opening

GET FREE Demat Account

ProStocks Reivew
    ProStocks
    Flat Fee Discount Broker

Flat ₹15 per Trade
Lowest Transaction Charge
Lowest Stamp Duty

FREE Trading + Demat Acct

Angel Broking Review   Angel Broking
    Leading Retail Broker in India

₹0 account opening fee +
20% off on online trading

Request Instant Call Back

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

₹0 account opening fee on Online Trading + Demat Acct
(₹1150 waived)

Request Call Back




Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App