Zerodha Vs Finvasia (Compare Zerodha and Finvasia)


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


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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Zerodha Vs Finvasia

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Zerodha Finvasia
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Year of Incorporation 2010 2013
Number of Branches 22 1
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Zerodha Vs Finvasia Charges & AMC

Zerodha trading account opening charges is Rs 200 while Finvasia account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

  Zerodha Finvasia
Trading Account Opening Charges Rs 200 Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 0 per year (Lifetime Zero AMC)
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Zerodha Vs Finvasia Brokerage Charges & Plans

Zerodha Vs Finvasia Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

  Zerodha Finvasia
Account Type Flat Brokerage Plan Standard
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Equity Options Rs 20 per executed order Rs 0
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 0
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 0
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 0
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Zerodha Charges Vs Finvasia

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 50 per executed order Rs 0
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Zerodha Vs Finvasia Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Zerodha Finvasia
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side)
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) Rs 115 per Cr (0.00115%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) Rs 4000 per Cr (0.04%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%) Rs 260 per Cr (0.0026%)
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Zerodha Vs Finvasia Leverage (Margin)

Zerodha 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.

  Zerodha 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)
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Compare Zerodha and Finvasia Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Zerodha Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close 3:15 PM
Other Features Direct Mutual Funds, APIs for Algo Trading Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program Yes
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Zerodha Vs Finvasia Review

Zerodha is rated 3.7 of 5 based on 436 customer reviews whereas Finvasia is rated 4.6 of 5 based on 40 customer reviews.

  Zerodha Finvasia
  436 Customer Reviews    Rate Zerodha 40 Customer Reviews    Rate Finvasia
Fees 3.7 4.7
Brokerage 4.3 4.9
Trading Platform 3.6 3.6
Customer Service 3.4 4.5
Research Capabilities 2.8 2.9
Overall Ratings Rated 3.7 stars Rated 4.6 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 436 customer reviews Finvasia is rated 4.6 of 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Finvasia Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today. Leave your contact information and we will get in touch with you....
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Zerodha Vs Finvasia Investment Options

  Zerodha Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No No
Other Investment Options
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Zerodha Vs Finvasia Order Type Offered

  Zerodha Finvasia
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Zerodha Vs Finvasia Research Report

  Zerodha Finvasia
Daily Market Report No Yes
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Zerodha Vs Finvasia Suitable For Investor Type

  Zerodha Finvasia
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs Finvasia - Pros and Cons

  Zerodha Finvasia
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account 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
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  • 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

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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