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Finvasia Customer Reviews, Complaints and Feedback (Page 2)


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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... Finvasia Review

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.

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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 Comments

64. Vivek   I Like It. |Report Abuse|  Link|July 5, 2023 12:39:50 PMReply
My year-long experience with 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.
63. Samir Kumar Biswas   I Like It. |Report Abuse|  Link|June 7, 2023 6:00:45 AMReply
Customer service is very poor

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
63.1. Rakesh kumar   I Like It. |Report Abuse|  Link|July 3, 2023 5:42:11 PM
Mujhe account khuli bhi do din Ho Gaya per abhi tak mera account open Nahin hua
62. Ambadas Huchche   I Like It. 1|Report Abuse|  Link|May 14, 2023 9:31:58 PMReply
Finvasia, under the guise of a technical glitch on 13.4.23, fraudulently manipulated my profit ledger of Rs. 7.27 Lakhs to showing a loss of Rs. 5.24 Lakhs. Since then it is more than a month they are not responding and blocked my trading account. This is a fraud broker and sooner or later SEBI will close it's brokership. Be aware of such a broker.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Very Poor
61. Anuradha   I Like It. 1|Report Abuse|  Link|May 9, 2023 9:15:36 AMReply
We are all used to technical glitches with all the brokers whether discount or not. This one is really great that it had the glitch for almost one full session from around 10 AM. Then they sent a mail asking me to dispute any transaction. I gave complete details including screenshots. More than not settling the dispute as proposed by them, they said that my UCC is not identified by their system as impacted!!! Tickets raised or pending since about a month now. Don't know if I will be able to get something from them because they closed by SL order for a naked position. It can't be a glitch as they closed my order to safeguard their money. Lost more than the brokerage saved over 18 months or so.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
60. Tarun   I Like It. 1|Report Abuse|  Link|April 13, 2023 4:21:24 PMReply
Site have technical issues very often. Payment updates are late and fund withdrawal takes more than 2 days. Many times site is non functional due to technical failure during trading hours and it taken their team entire day or even more to fix the issues. I have lost more than 30K since my orders were stuck on their website on the expiry day and they failed to resolve the issue.

You will definitely save some money in brokerage but you will end up loosing much more with their site glitches.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
59. Utkarsh   I Like It. 1|Report Abuse|  Link|January 9, 2020 7:09:18 AMReply
Trading with Finvasia for the last 2 years. Barring a few glitches with SCALPERT it has been an excellent experience. Even the customer care is very good.
4.5 stars..
59.1. Sandeep   I Like It. |Report Abuse|  Link|April 13, 2023 2:19:33 PM
Customer Service is Pathetic..
58. Kaushal kumar   I Like It. |Report Abuse|  Link|April 13, 2023 11:30:23 AMReply
Problem sahi karo yaar kuch bhi batate rahta hai sell nahi ho raha loss hota ja raha hai
57. Jaffar Shariff   I Like It. |Report Abuse|  Link|April 10, 2023 12:48:44 PMReply
Low brokerage compared to Zerodha, Angel, Mirea Asset, user friendly application. I have been trading with Finvasia for more than 5 years now. Best app ever used, they have improved a lo

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
56. Gosangi Sreenivasulu Reddy   I Like It. |Report Abuse|  Link|December 29, 2022 11:31:05 PMReply
Good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Excellent
56.1. Rajendra KUMAR PRAJAPAT   I Like It. |Report Abuse|  Link|March 21, 2023 6:40:04 PM
Sir mera account ko 10 12 din ho gya . Six months ka two bar. Stetment lga diya per option trading nhi ho rha . Please help.

Product name should be selected.
Asa lakhan aata h
55. Krishna Patel   I Like It. |Report Abuse|  Link|February 12, 2023 11:58:51 AMReply
GTT/GTC is available since long time so chittorgarh, you can remove it from cons.
54. vikash kumar   I Like It. 1|Report Abuse|  Link|December 8, 2022 8:28:33 AMReply
bad broker cant do trade in morning time app is useless after complaining to customer care they are saying only you have problem not other i recommend dont open account other wise your money will become soonya.
53. Binu   I Like It. |Report Abuse|  Link|October 11, 2022 8:59:02 AMReply
The major advantage of finvasia is zero brokerage. I have account with zerodha also but I use finvasia for intra day and futures trade which saves me 100-200 per day. Finvasia mobile platform is poor compared to Zerodha but It is manageable once gets used to. I am using finvasia for last one year and till now not faced any major issues. Some times their app freezes that can be solved by reopening the app.
53.1. Kalu   I Like It. |Report Abuse|  Link|October 28, 2022 1:40:48 PM
Good-Information
52. narashimhululimgam   I Like It. |Report Abuse|  Link|September 23, 2022 3:33:43 PMReply
improve moible app for scalper to intraday trading,it much better and price is not auto refresh.it will take some time.Most of the traders want the price for trading.


Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Above Average
51. sunil bhadana   I Like It. |Report Abuse|  Link|September 15, 2022 10:27:07 AMReply
all customers care number is wrong number.so avoid this company go for another broking company 😑

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
51.1. RAMANNA N   I Like It. |Report Abuse|  Link|September 21, 2022 2:29:29 PM
Brokerage - zero
Account Maintenance Fees - zero
Website Usability - Average
Research Capabilities - NA
Customer Service - Average
Overall Experience - Good
50. MOHIT   I Like It. |Report Abuse|  Link|November 19, 2021 3:06:23 PMReply
Best Brokerage firm

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
50.1. kamlesh   I Like It. 1|Report Abuse|  Link|September 2, 2022 10:13:46 PM
Ghanta Best broker - check their web app for intra day trading, u will loose all money a day. Don't mis guide people. just check below mention issues

Finvasia's web and desktop is worst for intra day trading among any other broker, I had open account and closed within a week, reason are below,
Web app-
1. no multi chart support in web, u can open only one chart.
2. u can not save chart indicator setting, it means moving to other tab, all indicator setting get lost.
3. moving and coming back to chart tab take lot of time to load.
4. you can not see executed order price/position from in chart page, u need switch other tab, by that time u will loose all setting and chart.
4. not at all intra day trader friendly web tool

Desktop app
1 very few chart indicator supported.
2. loading time is very high.
3. not intra day friendly web tool
49. kamlesh   I Like It. 1|Report Abuse|  Link|September 2, 2022 10:11:09 PMReply
Finvasia's web and desktop app is worst for intra day trading among any other broker, I had open account and closed within a week, reason are below,
Web app-
1. no multi chart support in web, u can open only one chart.
2. u can not save chart indicator setting, it means moving to other tab, all indicator setting get lost.
3. moving and coming back to chart tab take lot of time to load.
4. you can not see executed order price/position from in chart page, u need switch other tab, by that time u will loose all setting and chart.
4. not at all intra day trader friendly web tool

Desktop app
1 very few chart indicator supported.
2. loading time is very high.
3. not intra day friendly web tool

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
48. kamlesh   I Like It. |Report Abuse|  Link|September 2, 2022 10:06:40 PMReply
Finvasia's web and desktop is worst for intra day trading among any other broker, I had open account and closed within a week, reason are below,
Web app-
1. no multi chart support in web, u can open only one chart.
2. u can not save chart indicator setting, it means moving to other tab, all indicator setting get lost.
3. moving and coming back to chart tab take lot of time to load.
4. you can not see executed order price/position from in chart page, u need switch other tab, by that time u will loose all setting and chart.
4. not at all intra day trader friendly web tool

Desktop app
1 very few chart indicator supported.
2. loading time is very high.
3. not intra day friendly web tool

I raised complain to there customer support with screen shot, but they close complain saying in future might be fix. if this basic bug they can fix, how as intraday trader u can trade.

Suggestion - Don't open account with Finvasia until they fix very-very basic issue in their software other wise u r going to loose money only with their platform.
if u want, i can share snippet of complain raised


47. Ashish Anil Tade   I Like It. 1|Report Abuse|  Link|January 11, 2022 11:45:32 AMReply
Finvasia is very smart & they make advertisement of zero brokerage but i have used it & those who are using please check your contact note they charge Exchange transaction charges 0.1% instead of 0.00345. so any how you are paying (0.1-0.00345) = 0.09655% as commission. very smart to make investors full, if you really care for your money please do check, i have laredy closed their account. Fake compnay. Even i have proof of my contract notes.
47.1. Sameer   I Like It. |Report Abuse|  Link|July 28, 2022 8:54:06 AM
It's right
46. Suresh   I Like It. 1|Report Abuse|  Link|November 22, 2021 2:34:30 PMReply
Finvasisia is good brokerage firm for most of the segments except for intraday trading. Because it's infrastructure for connectivity to NSE is unstable and gets stuck up more often compared to other brokers. One can lose months profit in a day. I have given up intraday trading in Finvasia. I do not think they will improve on this issue. I fail to understand what could be the possible reason........
So be careful.
45. murali   I Like It. |Report Abuse|  Link|November 4, 2021 8:17:58 PMReply
really good broker there desktop platform is same as like nest terminal

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Average
Overall Experience - Excellent

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