FREE Account Opening + No Clearing Fees

Finvasia Stock Trading, Demat, Brokerage and Reviews 2024

121,529 Clients

Zerodha (Flat Rs 20 Per Trade)

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 and start trading today.

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, India. They are offering stock broking services in India since August 2016. The company is the member of BSE, NSE, and MCX. They are planning to launch Clearing Services, Margin Funding, and Depository Services in near future.

Finvasia offers lifetime zero brokerage trading services across the segment on BSE, NSE, and MCX. Customers pay absolutely no commission while trading with Finvasia. The brokerage free trading is available in all the exchanges and segments. Finvasia also doesn't charge Clearing Fee. The client has to pay the taxes and exchange transaction changes. Unlike other discount brokers, FINVAISA charge additional per month fee for using most of its software's for trading (platform charges). Customers who move from traditional brokers to Finvasia saves over 90% in commission paid to the broker.

The zero commission trading services make the broker very popular among traders. But the leverage offered for trading is lower in comparison to other brokers in the same category.  The company gives leverage of up to 10x for Equity Intraday trading.

Finvasia offers a wide range of tools for trading, technical, fundamental, statistical analysis. The trading platforms offered are ScalperT, Omnysis NEST, NSE Now, Symphony, Amibroker, and Algos. The trading tools offered include High-frequency trading, Institutional Order Book, Algo Plugins, Algorithmic FIX Engine and Latency Sensitive API.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Finvasia Charges 2024

  • Finvasia Trading Account Opening Charges: Rs 0 (Free)
  • Demat account Opening Fee: Rs 0 (Rs 199 for Power of Attorney)
  • Trading Account AMC: Rs 0 (Free)
  • Demat Account AMC: Rs 0 per year (Rs 1000 for corporate clients)

Trading Brokerages

  • Equity Delivery Brokerage: Rs 0
  • Equity Intraday Brokerage: Rs 0
  • Equity Future Brokerage: Rs 0
  • Equity Options Brokerage: Rs 0
  • Currency Futures Brokerage: Rs 0
  • Currency Options Brokerage: Rs 0
  • MCX Commodity Brokerage: Rs 0
Finvasia Brokerage Charges Explained

Equity Intraday

Equity Delivery

Equity Futures

Equity Options

Currency Futures

Currency Options

Commodity (MCX)

A/C opening charge

Rs 0 (Free)


Up to 10x








0.025% (on Sell side)

0.1% (both sides)

0.01% (on Sell side)

0.05% (on Sell side)
0.125% (where option is exercised)



0.01% (on Sell side)

Transaction Charges

Rs 325/crore

Rs 325/crore

Rs 190/crore

Rs 5000/crore of premium

Rs 115/crore

Rs 4000/crore of premium

Rs 260/ crore

Clearing Fees

Rs 0

Rs 50/Cr




Rs 10/crore

Stamp Duty*

As per UT Rs 10

Rs 0

*Stamp duty for all states will be charged as per UT Chandigarh except for DELHI, RAJASTHAN, GUJRAT, MAHARASTRA, KERALA, AP, KARNATAKA, TELANGANA, WEST BENGAL, TAMILNADU and HARYANA. (For these states you will be charged as per their Stamp duty).

Finvasia Charges (Fee Structure) Explained

  • STT: Charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charged based on the state where customer lives.
  • GST: Charged at 18% of the total cost of brokerage plus transaction charges.
  • SEBI Charges: This is charged at Rs 10 per Crore.

Other Charges (Finvasia Hidden Fees):

  • Software uses charges (Per Month):
    • ScalperT - Free
    • NSE NOW: NSE: Rs 0 | BSE: Rs 149 per segment per month
    • NEST: Rs 49 per exchange per month, Rs 99 for bracket order
    • Presto: Rs 1599
    • Blitz Trader: Rs 2999
  • Call & Trade is available free of cost.
  • DP charges for delivery based equity selling - Rs 9 per transaction.

Finvasia Demat Account Charges:

Finvasia provides depository services (Demat Account) through its membership with CDSL. Finvasia's demat account charges are as below:

Finvasia Brokerage Charges Explained





Demat Account Opening Charges

Rs 0


Stamp Charges payable upfront (at actual)

Rs 199


Annual Maintenance Charges (AMC):

a. Individuals

Rs 0 Per Year

b. Corporates

Rs 1000 + GST (Payable upfront every year)


Transaction Charges per ISIN (Market Trades):

a. Buy (Receive)

Rs 0

b. Sell (Debit)

Rs 9 (including CDSL Fee)


Inter Depository Transfer (Off-Market Trades):

a. Buy (Receive)


b. Sell(Debit)

Rs 9 (including CDSL Fee)


Demat (Per certificate)

Rs 15 + Rs 99 Courier charges


Remat (Per ISIN)

Rs 15 + Rs 99 Courier charges


Courier charges per Demat/ Remat request

Rs 99


Pledge per ISIN

Rs 25 + NSDL Charges


Unpledge per ISIN

Rs 25 + NSDL Charges


Pledge Invocation per ISIN

Rs 19


Periodic Statements

Email: Free | Physical: Rs 99 Courier Charges


Adhoc / Non Periodic Statement

Email: Free | Physical: Rs 5 per page + Rs 99 Courier Charges


Delivery Instructions

First Booklet: Free | Additional: Rs 99 for 10 leaves


Check Bounce

Rs 299


Failed Transaction

Rs 49 per transcaction


Modification in Client Information

Rs 19 per request


Demat Closure Account



Delay Payment Charges

2% per month on T+2 days

Visit Finvasia Brokerage Charges Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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 and start trading today.

Finvasia Online Account Opening

Finvasia Securities is an online stock broker. To trade with them, you have to open an account with them. Following are the ways to open an account with Finvasia Securities:

  • Fill an Online Application Form for instant account opening using AADHAAR.
  • Call Finvasia sales phone line.
  • Visit Finvasia Corporate office at Chandigarh, India.

Finvasia Trading Software (Finvasia Trading Platforms)

Finvasia is a technology-focused stockbroker. It offers a verity of online trading platform to its customers for trading in stock market. Some of the trading applications are available for free to its customer.

  1. ScalperT (Web & Mobile Trading App)

    Finvasia ScalperT Review - Read detail review of ScalperT Trading Platform

    ScalperT offers a website (browser-based) and a mobile app for trading at NSE and MCX. This trading platform is available for free to all its customers. This platform has all standard features in a trading app. This includes online trade in stocks, futures, options, currency and commodities, fund transfer, view demat holdings, real-time charts, watch list, and verity of order types including advance orders like cover order and bracket orders.

    ScalparT, Finvasia Trading Plan

  2. NEST (Omnysis powered Trading Terminal)

    NEST is an install-able trading terminal for Windows computer. The NEST is a leading trading platform by Thomson Reuters owned company Omnysis. NEST offers trading in stocks, F&O and commodities at an exceptionally fast speed. Loaded with tons of feature this platform is designed for frequent traders. This is among the most popular and stable trading platform available in India today.

  3. NSE NOW

    NOW is a National Stock Exchange's flagship trading platform. It offers an installable trading terminal, a website and a mobile app for trading. This is among the fastest trading platform as the servers are co-located in the same data centers as the exchange software. Most discount brokers in India offer NSE Now for trading.

  4. Blitz Trader (Algorithmic Trading Platform)

    Blitz Trader is an Algo trading platform for retail customer. It is first of its kind offering for retail investors in India. This platform is widely used by Proprietary Trader, Investment Managers, HFT investors, and Arbitragers. It has an in-built simulator to test your trading strategies before execution.

  5. Symphony Presto

    Presto is a platform to for automated trading algos to trade on MCX, NSE and BSE. Presto is a product of Symphony Fintech, a Mumbai based solution provider of Automated Trading Systems for equities, futures, options, commodities and forex. Presto is designed for small Traders to sophisticated Hedge Funds. This platform is to Design, Test, Deploy, Execute and Monitor fully automated trading or execution algos.


Visit Finvasia Trading Software Review for more detail.

Zerodha (Flat Rs 20 Per Trade)

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 and start trading today.

Finvasia Pros and Cons

Finvasia Pros (Advantages)

The following are the advantages of Finvasia. You must read Finvasia advantages and disadvantages before opening an account with Finvasia. Finvasia pros and cons help you find if it suits your investment needs.

  • They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's.
  • ScalperT, the flagship Web & Mobile Trading App is available for free of charge to all its customers.
  • A wide range of trading platforms are available including NSET, NOW, ScalperT etc.
  • A discount broker who also provide research and stock analysis.
  • Trading and Demat Account opening is FREE.
  • Five minutes online paperless account opening is available through eKYC and AADHAAR eSign.
  • Call & Trade is available for free of charge.
  • Finvasia is among very few brokers who offer tools for Algo trading to retail customers.
  • Online Chat support is available on its website.
  • Online IPO Application is available with Finvasia.
  • Advance order types like bracket orders and cover orders are available.

Finvasia Cons (Disadvantages)

The following are the cons of Finvasia. Check the list of Finvasia drawbacks.

  • Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors.
  • Margin/Leverage offered is very low in comparison with other brokers.
  • Scalpter (trading website) has only 1 min charting frame.
  • Advance order types like Bracket orders are chargeable.
  • Trading platforms like NEST and NOW are chargeable.
  • While there is no brokerage charge, you still have to pay for demat changes, taxes, software charges, etc.
  • GTC orders are not available at NSE and BSE. They are available at MCX.
  • Finvasia is an online broker. It doesn't have branches for local support.
  • Doesn't offer Margin Funding.
  • Doesn't offer a 3-in-1 account.

Finvasia Margin Exposure

Finvasia margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Finvasia F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Finvasia F&O carry forward positions and equity delivery trades.

Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Finvasia Ratings

Overall Rating Rated 4.1 stars 4.1/5
Fees Rated 4.6 stars 4.6/5
Brokerage Rated 4.8 stars 4.8/5
Usability Rated 3.3 stars 3.3/5
Customer Service Rated 3.9 stars 3.9/5
Research Capabilities Rated 2.7 stars 2.7/5

Based on 62 Votes by Finvasia Customers

Do you trade with Finvasia? Rate Finvasia

Finvasia Complaint

The number of Finvasia customer complaint received by the exchanges. The Finvasia consumer complaint report helps understanding the Finvasia Securities Pvt Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2024-25 121,529 41 0.03%
NSE 2023-24 121,529 1110 0.91%
BSE 2023-24 41,915 18 0.04%
NSE 2022-23 56,905 67 0.12%
BSE 2022-23 8,585 1 0.01%
NSE 2021-22 24,293 47 0.19%
BSE 2021-22 3,115 2 0.06%
NSE 2020-21 12,018 44 0.37%
NSE 2019-20 5,697 15 0.26%
BSE 2019-20 356 2 0.56%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Finvasia Complaints at BSE, NSE and MCX for detail report.

Finvasia Exposures

  • Finvasia Margin Delivery (Cash): 1x leverage (2x in limited stocks for T+5)
  • Finvasia Margin Intraday: 10x leverage in Equity category A stocks.
  • Finvasia Margin Equity Future Intraday: MIS (Margin Intraday Squareoff) positions with 2x NRML(Normal) margin.
  • Finvasia Margin Currency Future Intraday: 2x
  • Finvasia Margin Options: 1x (no margin)

Note: Additional paid leverage available to customer.

Finvasia Membership Information

Finvasia is a genuine broker registered and regulated by SEBI, the capital market regulator in India. Finvasia Securities Private Limited is member of BSE, NSE and MCX. 

  • NSE Member Code: 14846
  • BSE Member Code: 4043
  • MCX Member ID: 55135
  • NSE Clearing Member: M51912
  • SEBI Registration Number: IN-DP-317-2017
  • CDSL DP ID: 12084300

Zerodha (Flat Rs 20 Per Trade)

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 and start trading today.


84. AYON RAKSHIT   I Like It. |Report Abuse|  Link|April 19, 2024 7:28:26 PMReply


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Below Average
Overall Experience - Above Average
83. Praveen   I Like It. |Report Abuse|  Link|March 9, 2024 7:03:45 PMReply
Zero brokerage means unlimited order placed


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
82. Vivek vashishth   I Like It. |Report Abuse|  Link|March 9, 2024 1:12:36 PMReply
Fibasia is worst demat aap some times.. It doesn't show ur holdings many times and u can't sell ur stocks. They don't bother to their customers. No response and don't pick call of customers.

81. suthish   I Like It. |Report Abuse|  Link|March 7, 2024 11:25:25 AMReply
Bad customer support

if anthing happens you will become a dog waiting for a bone
use at your own risk.
support only good for account opening and asking info

if u initiate a support they say sir what's your problem
then they talk to u for 15 minutes. then say wait 24 to 48 hours

After 48 hours when u ask updates they again ask sir what's the problem?
you again explain everything

then different person call sir what's the problem?
it might take months for even simple issues.

No coordination
No follow ups
80. suthish   I Like It. |Report Abuse|  Link|March 7, 2024 11:15:25 AMReply
Forget customer support if anything happens. They are only helpful for account opening and small issues. Anything other than that they don't know what to do. they keep saying it's under process takes 24 to 48 hours. it might take months


Brokerage - Average
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Below Average
79. Krunal   I Like It. |Report Abuse|  Link|February 14, 2024 2:35:40 AMReply
Excellent service. They just need to make their application faster. Sometimes it is very slow. But good and supportive team with zero brockerage.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Excellent
Overall Experience - Excellent
78. joshna   I Like It. |Report Abuse|  Link|February 9, 2024 11:59:15 AMReply
Very bad experience... there is no customer support
77. Rajesh   I Like It. |Report Abuse|  Link|January 15, 2024 3:18:42 PMReply
Should improve Charting on the web and desktop application.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
76. Ashish Shrivastava   I Like It. |Report Abuse|  Link|January 6, 2024 10:01:27 AMReply
Funvasia is really a very bad portal. Noone here to support customer, as a customer I tried to connect customer support Noone there to support. After ivr, u will listen only music for long term as much as u can wait as a customer.
Dear Finvasia, Noone have that much time to listen your music only.
You need to correct this.
75. yogesh singh   I Like It. |Report Abuse|  Link|January 5, 2024 3:41:10 PMReply
Good platform for all type clients


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
74. Ravish Sinha   I Like It. |Report Abuse|  Link|December 20, 2023 10:59:47 AMReply
Shoonya by Finvasia provides a smooth trading experience because of its user-friendly interface. So far my experience has been quite good, though there were some bugs in the app, but they seem to be fixed now. Also, they are improving their app according to the feedback.
73. Kajal Nigam   I Like It. |Report Abuse|  Link|November 8, 2023 12:37:00 PMReply
I recently started dealing with Finvasia, and let me tell you, it's been nothing short of amazing. Their Carefree method of trading with no costs is innovative. I've had speedy executions, helpful research, and, yep, zero brokerage in just a week! It's not simply trading; it's trading in the right manner.
72. Vivek Moyal   I Like It. |Report Abuse|  Link|October 16, 2023 12:07:51 PMReply
Ekdum bekaar broker. Brokrages 0 hone ke karan isme account open kia but agar aapko kisi bhi haal mein customer service se help mangni pad gai toh unko kuch pata nahi h woh ekdum anpadh beithe h aap 1 2 baar bol denge toh yeh call cut kar denge ya fir chat close kar denge. Ek dum ghatiya service kuch nahi aata inko jo customer service par beithe hein. I put a withdrawl req lets see they give my money back or not.

Still I am going to put an email over the SEBI for this kind of broker. I read the reviews and found many persons are already suffering from their working style.
71. Manav Kole   I Like It. |Report Abuse|  Link|October 10, 2023 6:51:07 PMReply
Shoonya is a real innovator! In the world of trading, their original zero brokerage concept is a breath of new air. Even more special is their dedication to ensuring customer satisfaction. They were quick to return the money when a problem occurred. Excellent customer service and a ground-breaking idea:

I have complete faith in Shoonya!
70. Suraj Chaudhari   I Like It. 1|Report Abuse|  Link|October 5, 2023 1:43:50 AMReply
According to me, A best Broker for All Types of Segment. Brokerage is Fully '0' for every segment.
But just 1 problem i.e. Customer Care executives not receives call. You have to call 3 to 4 times to connect with them.
69. Sanidhya Chakerborty   I Like It. 1|Report Abuse|  Link|August 22, 2023 2:03:52 PMReply
Shoonya's services has been consistently positive, with their user-friendly platform, responsive customer support, and diverse investment options. I look forward to continuing my trading journey with them.

and there AI tool is cheery on the cake!!
68. Lala Ahirwar   I Like It. |Report Abuse|  Link|July 22, 2023 11:36:49 AMReply
I like Finvasia for minimum brokerage and other charges. I usually trade in F&O with multiple positions with 0 brokerage. With other brokers this costs more than ₹600 per day means ₹12000 a month. Other apps and softwares are nice.


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
67. veenit bhayana   I Like It. |Report Abuse|  Link|July 21, 2023 4:38:18 PMReply
hello friends,
I will rate customer service as ZERO. No one responds from shoonya for any issue raised. I am struggling to download my Tax P&L report to file my IT return for past 1 week. funny part is shoonya donot even respond to the email. I have used their all the escalation levels. funny part is contact number mentioned to their CEO lands up to their customer support and it seems they donot have any grievance mechanism. I have stopped trading from finvasia starting today 21-July-2023. Please never fall in trap for cheap brokerage. go for better customer service which other brokers are proving like ZERODHA,KOTAK,ICICIDIRECT,HDFC etc. Please do comment me if my feedback here helped any of retail investors with their hard earned money. One more thing with the 0 brokerage you end up taking more trades and end up paying more STT and end up losing side. Good luck.Happy Trading.
66. Tarun Jindal   I Like It. |Report Abuse|  Link|July 19, 2023 9:45:18 AMReply
The site has a very poor usability ratings. Many times we end up loosing more money due to site issues than the money saved due to 0 brokerage. Not at all good for option and intra-day traders. Site has connectivity issue almost every morning. Almost every monday they have funds update issue. And have major glitches at least once a month.

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Extremely Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
65. Rajiv   I Like It. |Report Abuse|  Link|July 5, 2023 8:09:13 PMReply
Your data on finvasia is absolutely wrong kindly update with accurate platform and charges

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