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Finvasia Vs Zerodha Vs Paytm Money: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Zerodha is rated 4.5, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of Finvasia vs Zerodha vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Zerodha vs Paytm Money 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 Finvasia vs Zerodha vs Paytm Money in this setion with 360 degree view of broker information.

Compare Finvasia vs Zerodha vs Paytm Money on Service

  Finvasia Compare
Finvasia
Zerodha Compare
Zerodha
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
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 Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Finvasia vs Zerodha vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs Zerodha vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia vs Zerodha vs Paytm Money
Charges Finvasia Zerodha Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Free Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs Zerodha vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Finvasia vs Zerodha vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Finvasia vs Zerodha vs Paytm Money on Plan Options
Plan Types Finvasia Zerodha Paytm Money
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Zerodha vs Paytm Moneyon Brokerage Charges

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

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Finvasia vs Zerodha vs Paytm Money
Brokerage Charges Compare Finvasia Zerodha Paytm Money
Plan Name Zero Brokerage Trading Plan Max Rs 20 per order Trading Plan Flat Brokerage Plan
Equity Delivery Rs 0 Free 2.5% or Rs 20 whichever is lower
Equity Intraday Rs 0 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Rs 0 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Rs 0 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Rs 0 0.03% or Rs 20 whichever is lower NA
Currency Options Rs 0 Flat Fee Rs 20 NA
Commodity Trading Rs 0 Flat Fee Rs 20 NA
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes, 24% interest PA Info Not Available NA
Call & Trade Charges Free Rs 50 Per Executable Order Rs 100/order +GST
Auto Square off Charges Free Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Zerodha Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Finvasia vs Zerodha vs Paytm Money on Transaction Charges

Compare Finvasia vs Zerodha vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs Zerodha vs Paytm Money
Transaction Charges Compare Finvasia Zerodha Paytm Money
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for zerodha Complete Brokerage Plans for paytm-money
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Account Features

Compare Finvasia vs Zerodha vs Paytm Money on Account Features

Compare Finvasia vs Zerodha vs Paytm Money 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 - All 3 brokers dont have margin funing facility. NRI Trading - Finvasia and Zerodha offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Finvasia vs Zerodha vs Paytm Money
Account Features Compare Finvasia Zerodha Paytm Money
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. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts No No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15 PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs Zerodha vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia vs Zerodha vs Paytm Money. 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 Finvasia vs Zerodha vs Paytm Money
Trading Platform Compare Finvasia Zerodha Paytm Money
Desktop Trading Platform OMNESYS NEST NA Paytm Money
Desktop Demo Info Not Available Info Not Available Info Not Available
Desktop Platform (Windows) Yes No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://trade.finvasia.com/

Zerodha Kite Web

Paytm Money Web

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Zerodha Kite App Paytm Money App
Mobile Trading App Demo SCALPERT Demo Zerodha Kite App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Zerodha Kite App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for zerodha Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Finvasia vs Zerodha vs Paytm Money on User Rating

  Finvasia Zerodha Paytm Money
  17 Customer Reviews    Rate Finvasia 160 Customer Reviews    Rate Zerodha 6 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Finvasia vs Zerodha vs Paytm Money on Investment Offerings

Compare Finvasia vs Zerodha vs Paytm Money 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 - Finvasia and Zerodha offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

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

Compare Finvasia vs Zerodha vs Paytm Money on Order Types

Order Type - Compare Finvasia vs Zerodha vs Paytm Money 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) - Finvasia and Paytm Money provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Zerodha and Paytm Money offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

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

Compare Finvasia vs Zerodha vs Paytm Money on Customer Service

Compare Finvasia vs Zerodha vs Paytm Money 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 Finvasia vs Zerodha vs Paytm Money
Customer Service Compare Finvasia Zerodha Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes No
Toll Free Number No No No
Through Branches No Yes No
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 "+ 91 80 4040 2020" NA
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://zerodha.com/varsity/ https://www.paytmmoney.com/care
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.finvasia.com/ https://zerodha.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Finvasia vs Zerodha vs Paytm Money on Research Reports, Tips

Compare Finvasia vs Zerodha vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Finvasia vs Zerodha vs Paytm Money
  Finvasia Zerodha Paytm Money
Research Mutual Funds No No No
Research Equity Reports No No No
Research ETF No No No
Daily Market Report No No No
Free Tips No No No
Quarterly Result Analysis No No No
News Alerts No No No
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Demat Account

Compare Finvasia vs Zerodha vs Paytm Money on Demat Account

Compare Finvasia vs Zerodha vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Finvasia vs Zerodha vs Paytm Money
  Finvasia Zerodha Paytm Money
DP Source CDSL CDSL CDSL
DP ID 84300 81600 12088800
Demat Account Annual Maintenance Charges(AMC) Free ₹300 pa Zero
Advance Deposit Rs 0 Nil Nil
Statutory charges Nil ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹15 per certificate ₹150 per certificate + ₹100 courier charges ₹250 per 100 shares
Remat ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹250 per 100 shares
Pledge Creation ₹25 per transaction ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation ₹19 per transaction ₹20 ₹32 per ISIN
Failed Instruction Charges ₹49 ₹50 per instraction Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Zerodha vs Paytm Money on Special Offers and Promotion

Compare Finvasia vs Zerodha vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Zerodha vs Paytm Money on Special Offers and Promotion
  Finvasia Zerodha Paytm Money
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.
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except for bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Paytm Money allows 190+ Banks.
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
HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
NA
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading. Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
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Last Updated on 2023-09-05T02:25:49+00:00