Zerodha Vs Finvasia (Compare Zerodha and Finvasia)

The side-by-side comparison of Zerodha and Finvasia. Compare Zerodha Vs Finvasia brokerage, charges, exposure margin, demat account. Read Finvasia and Zerodha review.

Find out Zerodha Vs Finvasia which is better and Zerodha Vs Finvasia which is best.

Our Zerodha comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Zerodha and Finvasia.

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Zerodha Vs Finvasia

  Zerodha Finvasia
Find more info about broker
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 Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... 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 management, in... Know more about Finvasia Securities Pvt Ltd
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage 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.
Year of Incorporation 2010 2013
Number of Branches 22 1
Enquire Zerodha Enquire Finvasia
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Zerodha Vs Finvasia Charges

  Zerodha Finvasia
Trading Account Opening Fees ₹200 ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Demat Account Opening Fees ₹0 ₹0 (Free)
Demat Account AMC ₹300 ₹0 per year (Lifetime Zero AMC)
Demat Account is Mandatory? No No
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Zerodha Vs Finvasia Brokerage

Brokerage Plan 1

  Zerodha Finvasia
Account Type Flat Brokerage Plan Standard
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Other Charges

Minimum Brokerage Charges ₹0 ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹50 per executed order ₹0
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Zerodha Vs Finvasia Taxes

  Zerodha Finvasia
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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Zerodha Vs Finvasia Transaction Charges

  Zerodha Finvasia
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (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 ₹300 per Cr (0.003%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (each side)
Equity Futures NSE ₹190 per Cr (0.0019%) NSE ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)
Equity Options NSE ₹5000 per Cr (0.05%) ₹5000 per Cr (0.05%) (on premium)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) ₹115 per Cr (0.00115%)
Currency Options NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium) ₹4000 per Cr (0.04%) (on premium)
Commodity Group A - ₹260 per Cr (0.0026%) ₹260 per Cr (0.0026%)
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Zerodha Vs Finvasia Exposure Margin

  Zerodha Finvasia
Equity Delivery 1x (no margin) 1x
Equity Intraday Up to 20x (based on the stock) up to 10x
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 2x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1x
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span 2x
Commodity Options 1x
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Zerodha and Finvasia Feature Comparison

  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 Available No No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:10 PM 3:15 PM
Other Features Direct Mutual Funds, APIs Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program Yes
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Zerodha Vs Finvasia Review

  Zerodha Finvasia
  369 Customer Reviews    Rate Zerodha 14 Customer Reviews    Rate Finvasia
Fees 3.8 4.4
Trading Brokerage 4.3 4.8
Trading Platform Usability 3.6 2.9
Customer Service 3.5 4.7
Research Capabilities 2.0 3.0
Overall Ratings Rated 3.7 stars Rated 4.5 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 369 customer reviews Finvasia is Rated 4.5 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Enquire Finvasia Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No No
Other Investment Options
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Zerodha Vs Finvasia Customer Service

  Zerodha Finvasia
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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Zerodha Vs Finvasia Order Type Offered

  Zerodha Finvasia
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No 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
Active Investor Yes Yes
Trader Yes Yes
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Zerodha Vs Finvasia - Advantages and Disadvantages

  Zerodha Finvasia
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms (Kite) available for free.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • Direct Mutual Fund Investment is available.
  • Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
  • Zerodha Referral Program offers 10% broekrage share to clients you refer.
  • Good Till Triggered (GTT) order are available. These are simillar to GTC orders.

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
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra ₹50 order.
  • Auto Square off is charged at extra ₹50 order.
  • Doesn't offer 3-in-1 account.
  • Doesn't offer unlimited trading plans.
  • Doesn't offer AMC Free 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 Equity Delivery Trading

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

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