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5paisa Vs Finvasia Vs TradeSmart: Which one is better?

The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of TradeSmart ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Finvasia is rated 4, TradeSmart is rated 4 out of 5.

Here we present side-by-side comparison of 5paisa vs Finvasia vs TradeSmart stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Finvasia vs TradeSmart on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Finvasia vs TradeSmart in this setion with 360 degree view of broker information.

Compare 5paisa vs Finvasia vs TradeSmart on Service

  5paisa Compare
5paisa
Finvasia Compare
Finvasia
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa 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 Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from 5paisa Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare 5paisa vs Finvasia vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared 5paisa vs Finvasia vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa and Finvasia offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa vs Finvasia vs TradeSmart
Charges 5paisa Finvasia TradeSmart
Trading Account Opening Fees Free Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 300 PA Free Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare 5paisa vs Finvasia vs TradeSmart on Plan Options

Plans are the most important feature you look when compare 5paisa vs Finvasia vs TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa and TradeSmart offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare 5paisa vs Finvasia vs TradeSmart on Plan Options
Plan Types 5paisa Finvasia TradeSmart
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  5paisa Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Finvasia vs TradeSmarton Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

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

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare 5paisa vs Finvasia vs TradeSmart
Brokerage Charges Compare 5paisa Finvasia TradeSmart
Plan Name Basic Plan Zero Brokerage Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Equity Intraday Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Equity Futures Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Equity Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Currency Futures Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Currency Options Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 20 Rs 0 Flat Fee Rs 15
Minimum Brokerage NA NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Free Rs 20 per executed Order
Auto Square off Charges Rs 100 per call(No limit of orders) Free Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Finvasia Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare 5paisa vs Finvasia vs TradeSmart on Transaction Charges

Compare 5paisa vs Finvasia vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa vs Finvasia vs TradeSmart
Transaction Charges Compare 5paisa Finvasia TradeSmart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for finvasia Complete Brokerage Plans for trade-smart-online
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Account Features

Compare 5paisa vs Finvasia vs TradeSmart on Account Features

Compare 5paisa vs Finvasia vs TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa offers margin funding where Finvasia and TradeSmart doesn't offers margin funding. NRI Trading - Finvasia offers NRI Trading where 5paisa and TradeSmart doesn't offers NRI Trading.

Account Features - 5paisa vs Finvasia vs TradeSmart
Account Features Compare 5paisa Finvasia TradeSmart
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15 PM 3:15 PM 3:15PM
NRI Trading No Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare 5paisa vs Finvasia vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa vs Finvasia vs TradeSmart
Trading Platform Compare 5paisa Finvasia TradeSmart
Desktop Trading Platform 5paisaTradeStation OMNESYS NEST NEST Trader & Fox Trader
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.5paisa.com/online-trading

https://trade.finvasia.com/

https://sine.tradesmartonline.in/userMaster/login

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App 5paisa Mobile App SCALPERT Sine
Mobile Trading App Demo 5paisa Mobile App Demo SCALPERT Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS 5paisa Mobile App Download Info Not Available iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Finvasia Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for finvasia Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare 5paisa vs Finvasia vs TradeSmart on User Rating

  5paisa Finvasia TradeSmart
  27 Customer Reviews    Rate 5paisa 17 Customer Reviews    Rate Finvasia 34 Customer Reviews    Rate TradeSmart
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare 5paisa vs Finvasia vs TradeSmart on Investment Offerings

Compare 5paisa vs Finvasia vs TradeSmart 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - 5paisa and Finvasia offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare 5paisa vs Finvasia vs TradeSmart
Investment Offerings Compare 5paisa Finvasia TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment No No No
PMS Service No No No
Other Investment Options NIL NIL NIL
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Order Types

Compare 5paisa vs Finvasia vs TradeSmart on Order Types

Order Type - Compare 5paisa vs Finvasia vs TradeSmart on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. 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) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers doesn't have GTC facility.

Order Types - Compare 5paisa vs Finvasia vs TradeSmart
Order Type Compare 5paisa Finvasia TradeSmart
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No No No
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Customer Service Offered

Compare 5paisa vs Finvasia vs TradeSmart on Customer Service

Compare 5paisa vs Finvasia vs TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare 5paisa vs Finvasia vs TradeSmart
Customer Service Compare 5paisa Finvasia TradeSmart
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches No No No
Customer Care Number +91 89766 89766 Support: +91 9779 097 777/Sales: +91 9098 001 001 022 61208000
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://finvasia.com/announcements https://help.tradesmartonline.in/
Head Office Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://www.5paisa.com/ https://www.finvasia.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare 5paisa vs Finvasia vs TradeSmart on Research Reports, Tips

Compare 5paisa vs Finvasia vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare 5paisa vs Finvasia vs TradeSmart
  5paisa Finvasia TradeSmart
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF No No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis No No No
News Alerts Yes No No
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Demat Account

Compare 5paisa vs Finvasia vs TradeSmart on Demat Account

Compare 5paisa vs Finvasia vs TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa vs Finvasia vs TradeSmart
  5paisa Finvasia TradeSmart
DP Source CDSL CDSL CDSL
DP ID 82500 84300 30400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Free ₹300 pa
Advance Deposit NIL Rs 0 NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹25
Demat ₹15 per certificate ₹15 per certificate ₹500 per certificate (Min ₹500 per request)
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher ₹15 for every hundred securities + CDSL Charges ₹500 per certificate (Min ₹500 per request)
Pledge Creation ₹12.50 per script ₹25 per transaction ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation NIL NIL Nil
Pledge Closure ₹12.50 per script ₹25 per transaction ₹200 per script
Pledge Closure Confirmation NIL NIL Nil
Pledge Invocation NIL ₹19 per transaction ₹200 per script
Failed Instruction Charges Nil ₹49 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Finvasia vs TradeSmart on Special Offers and Promotion

Compare 5paisa vs Finvasia vs TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Finvasia vs TradeSmart on Special Offers and Promotion
  5paisa Finvasia TradeSmart
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
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.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays. Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

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...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for 5paisa Enquire for Finvasia Enquire for TradeSmart

Last Updated on 2024-01-11T04:15:59+00:00