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Finvasia Vs Sushil Finance: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Sushil Finance ranges between .01 to .03 . Finvasia is a Discount Broker where Sushil Finance is a Full Service Broker. Finvasia is having overall higher rating compare to Sushil Finance. Finvasia is rated 4 out of 5 where Sushil Finance is rated only 3 out of 5. Number of active customer for Finvasia is 94,480 where number of active customer for Sushil Finance is . Finvasia is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Finvasia vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Sushil Finance's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Finvasia vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs Sushil Finance's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Finvasia vs Sushil Finance on Service

  Finvasia Compare
Finvasia
Sushil Finance Compare
Sushil Finance
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 94,480
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of Finvasia with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Sushil Finance
Charges Finvasia Sushil Finance
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare Finvasia with Sushil Finance. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Finvasia with Sushil Finance on Plan Options
Plan Types Finvasia Sushil Finance
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Account Opening Request
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Brokerage Charges

Compare Finvasia vs Sushil Finance on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare Finvasia with Sushil Finance
Brokerage Charges Compare Finvasia Sushil Finance
Plan Name Zero Brokerage Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Rs 0 0.3% or 30 paisa
Equity Intraday Rs 0 0.03% or 3 paisa
Equity Futures Rs 0 0.03% or 3 paisa
Equity Options Rs 0 Rs 50 Per Lot
Currency Futures Rs 0 0.03% or 3 paisa
Currency Options Rs 0 Rs 30 Per Lot
Commodity Trading Rs 0 0.03% or 3 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare Finvasia vs Sushil Finance on Transaction Charges

Compare Finvasia with Sushil Finance on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia with Sushil Finance
Transaction Charges Compare Finvasia Sushil Finance
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for sushil-finance
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Account Features

Compare Finvasia vs Sushil Finance on Account Features

Compare Finvasia with Sushil Finance on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Sushil Finance offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Finvasia with Sushil Finance
Account Features Compare Finvasia Sushil Finance
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Sushil Finance. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia with Sushil Finance
Trading Platform Compare Finvasia Sushil Finance
Desktop Trading Platform OMNESYS NEST Sushil Finance
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://itrading.sushilfinance.com/html5/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Sushil Connect
Mobile Trading App Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare Finvasia vs Sushil Finance on User Rating

  Finvasia Sushil Finance
  17 Customer Reviews    Rate Finvasia 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 4.3 4.0
Trading Brokerage Rating 4.6 5.0
Trading Platform Usability 4.0 4.0
Customer Service Ratings 3.5 5.0
Overall Ratings 4.2 4.0
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Finvasia vs Sushil Finance on Investment Offerings

Compare Finvasia with Sushil Finance on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Finvasia with Sushil Finance
Investment Offerings Compare Finvasia Sushil Finance
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Insurance
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Order Types

Compare Finvasia vs Sushil Finance on Order Types

Order Type - Compare Finvasia with Sushil Finance on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Finvasia provide Cover Orders (CO) where Sushil Finance doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia provide Bracket Orders (BO) where Sushil Finance doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with Sushil Finance
Order Type Compare Finvasia Sushil Finance
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Finvasia vs Sushil Finance on Customer Service

Compare Finvasia with Sushil Finance on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Finvasia with Sushil Finance
Customer Service Compare Finvasia Sushil Finance
24/7 Customer Service Finvasia vs Sushil Finance - 24x7 customer support No No
Email Support Finvasia vs Sushil Finance - Email Support Yes Yes
Onine Live Chat Finvasia vs Sushil Finance - Onine Live Chat Yes No
Phone Support Finvasia vs Sushil Finance - Phone Support Yes Yes
Toll Free Number Finvasia vs Sushil Finance - Toll Free Number No No
Through Branches Finvasia vs Sushil Finance - Through Branches No Yes
Customer Care Number Finvasia vs Sushil Finance - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 +91-22-40778083/87/88
Account Opening Process Finvasia vs Sushil Finance - Account Opening Process Online/Paperless Instant & Paperless
Customer Support Email Finvasia vs Sushil Finance - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Sushil Finance - Knowledge Center/Education https://finvasia.com/announcements https://www.sushilfinance.com/research/fundamental
Head Office Address Finvasia vs Sushil Finance - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Info Not Available
Website Finvasia vs Sushil Finance - Company Website https://www.finvasia.com/ https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare Finvasia vs Sushil Finance on Research Reports, Tips

Compare Finvasia with Sushil Finance on research reports and tips provided by the broker.

Research Reports - Compare Finvasia with Sushil Finance
  Finvasia Sushil Finance
Research Mutual Funds Finvasia vs Sushil Finance - Research Mutual Funds No Yes
Research Equity Reports Finvasia vs Sushil Finance - Research Equity Reports No Yes
Research ETF Finvasia vs Sushil Finance - Research ETF No Yes
Daily Market Report Finvasia vs Sushil Finance - Daily Market Report No Yes
Free Tips Finvasia vs Sushil Finance - Free Tips No Yes
Quarterly Result Analysis Finvasia vs Sushil Finance - Quarterly Results No Yes
News Alerts Finvasia vs Sushil Finance - No Yes
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Demat Account

Compare Finvasia vs Sushil Finance on Demat Account

Compare Finvasia with Sushil Finance on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for Sushil Finance is ₹400 one time. Finvasia is a better choice in terms of Demat AMC compare to Sushil Finance.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Sushil Finance is 0.04% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Finvasia with Sushil Finance
  Finvasia Sushil Finance
DP Source CDSL CDSL
DP ID Finvasia vs Sushil Finance - DP ID 84300 No
Demat Account Annual Maintenance Charges(AMC) Free ₹400 one time
Advance Deposit Rs 0 INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.04% of the transaction value (Min ₹15)
Demat ₹15 per certificate ₹10 per certificate + ₹75 request charges
Remat ₹15 for every hundred securities + CDSL Charges ₹35 per request
Pledge Creation ₹25 per transaction ₹35
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹25 per transaction ₹35
Pledge Closure Confirmation NIL Nil
Pledge Invocation ₹19 per transaction Nil
Failed Instruction Charges ₹49 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Sushil Finance on Special Offers and Promotion

Compare Finvasia with Sushil Finance on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Sushil Finance on Special Offers and Promotion
  Finvasia Sushil Finance
Pay In and Pay Out Options Finvasia vs Sushil Finance - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Info Not Available
Payout Time Finvasia vs Sushil Finance - Payout Time Up to 24 hrs except for bank holidays. Info Not Available
Bank Supported and Charges Finvasia vs Sushil Finance - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Info Not Available
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-09-05T02:25:49+00:00