FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Kotak Securities Vs Finvasia Vs TradePlusOnline: Which one is better?

The brokerage of Kotak Securities ranges between Rs. 20 per order, the brokerage of Finvasia ranges between Rs 0, while the brokerage of TradePlusOnline ranges between Max Rs 9. The broker Finvasia and TradePlusOnline are a discount brokers where Kotak Securities is a full service broker. Overall rating for Kotak Securities is 4, Finvasia is rated 4, TradePlusOnline is rated 3.5 out of 5.

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

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Service

  Kotak Securities Compare
Kotak Securities
Finvasia Compare
Finvasia
TradePlusOnline Compare
TradePlusOnline
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities 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 Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms.
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities vs Finvasia vs TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where TradePlusOnline charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities vs Finvasia vs TradePlusOnline
Charges Kotak Securities Finvasia TradePlusOnline
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 600 PA Free Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Plan Options

Plans are the most important feature you look when compare Kotak Securities vs Finvasia vs TradePlusOnline. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Kotak Securities and TradePlusOnline offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - TradePlusOnline offers Monthy Plans where Kotak Securities and Finvasia doesn't offer.

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Plan Options
Plan Types Kotak Securities Finvasia TradePlusOnline
Multiple Plans Yes No Yes
Monthly Plans No No Yes
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Kotak Securities Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Finvasia vs TradePlusOnlineon Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Brokerage Charges - Compare Kotak Securities vs Finvasia vs TradePlusOnline
Brokerage Charges Compare Kotak Securities Finvasia TradePlusOnline
Plan Name Kotak Securities Trade Free Plan Zero Brokerage Trading Plan Smart Flat Brokerage Plan
Equity Delivery 0.25% Rs 0 Free
Equity Intraday Free Rs 0 0.05% or Rs 9 whichever is lower
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 9
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 0 Flat Fee Rs 9
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 9
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 9
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0 Flat Fee Rs 9
Minimum Brokerage Rs 21 per executed order NA
Hidden Charges No No
Funding 12.49% interest PA Yes, 24% interest PA Yes - 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Auto Square off Charges 20 calls free and after that Rs 20 per call Free Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Finvasia Brokerage Calculator for TradePlusOnline
Expand

Share Broker's Transaction Charges

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Transaction Charges

Compare Kotak Securities vs Finvasia vs TradePlusOnline on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities vs Finvasia vs TradePlusOnline
Transaction Charges Compare Kotak Securities Finvasia TradePlusOnline
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 360 Per Cr | Agri: Rs 275 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 kotak-securities Complete Brokerage Plans for finvasia Complete Brokerage Plans for tradeplus
Expand

Account Features

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Account Features

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

Account Features - Kotak Securities vs Finvasia vs TradePlusOnline
Account Features Compare Kotak Securities Finvasia TradePlusOnline
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account. No TradePlusOnline have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL Charting & Tech Tools -YES - INFINI POWER - MCX and Equities
Expand

Trading Platform

Compare Kotak Securities vs Finvasia vs TradePlusOnlineon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities vs Finvasia vs TradePlusOnline. 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 Kotak Securities vs Finvasia vs TradePlusOnline
Trading Platform Compare Kotak Securities Finvasia TradePlusOnline
Desktop Trading Platform Neo OMNESYS NEST Rocketplus
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.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://trade.finvasia.com/

https://infini.tradeplusonline.com/

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Kotak Neo SCALPERT RocketPlus Mobile Trading App
Mobile Trading App Demo Kotak Neo Demo SCALPERT Demo RocketPlus Mobile Trading App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Kotak Neo Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Kotak Neo Download Info Not Available iOS RocketPlus Mobile Trading App 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 Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Finvasia Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for finvasia Detail on Trading Platforms for tradeplus

Expand

Broker Ratings by Users

Compare Kotak Securities vs Finvasia vs TradePlusOnline on User Rating

  Kotak Securities Finvasia TradePlusOnline
  82 Customer Reviews    Rate Kotak Securities 17 Customer Reviews    Rate Finvasia 27 Customer Reviews    Rate TradePlusOnline
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews
Expand

Investment Offerings

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Investment Offerings

Compare Kotak Securities vs Finvasia vs TradePlusOnline 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Kotak Securities offers PMS facility where Finvasia and TradePlusOnline doesn't offers PMS facility.

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

Order Types

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Order Types

Order Type - Compare Kotak Securities vs Finvasia vs TradePlusOnline 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 - Kotak Securities and TradePlusOnline offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare Kotak Securities vs Finvasia vs TradePlusOnline
Order Type Compare Kotak Securities Finvasia TradePlusOnline
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 Yes No Yes
Expand

Customer Service Offered

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Customer Service

Compare Kotak Securities vs Finvasia vs TradePlusOnline 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 Kotak Securities vs Finvasia vs TradePlusOnline
Customer Service Compare Kotak Securities Finvasia TradePlusOnline
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800 209 9191 Support: +91 9779 097 777/Sales: +91 9098 001 001 044-49427500 / 080 37017382
Account Opening Process Online Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://finvasia.com/announcements http://support.tradeplusonline.com/support/solutions
Head Office Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website https://www.kotaksecurities.com https://www.finvasia.com/ https://tradeplusonline.com
Expand

Tips/Research/Reports Published

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Research Reports, Tips

Compare Kotak Securities vs Finvasia vs TradePlusOnline on research reports and tips provided by broker.

Research Reports - Compare Kotak Securities vs Finvasia vs TradePlusOnline
  Kotak Securities Finvasia TradePlusOnline
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No Yes
Expand

Demat Account

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Demat Account

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities vs Finvasia vs TradePlusOnline
  Kotak Securities Finvasia TradePlusOnline
DP Source CDSL CDSL CDSL
DP ID 49200 84300 86500
Demat Account Annual Maintenance Charges(AMC) ₹780 pa Free A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.
Advance Deposit NA Rs 0 NIL
Statutory charges Nil Nil NIL
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction.
Demat ₹3 per certificate + ₹50 courier charges ₹15 per certificate A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities + CDSL Charges Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities.
Pledge Creation 0.05% of transaction value (Min ₹30) ₹25 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) NIL NIL
Pledge Closure 0.05% of transaction value (Min ₹30) ₹25 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) NIL NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹19 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Failed Instruction Charges Nil ₹49 Rs.15.00 Per Transaction.
Other Charges Nil Nil 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges.
Expand

Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Special Offers and Promotion

Compare Kotak Securities vs Finvasia vs TradePlusOnline on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs Finvasia vs TradePlusOnline on Special Offers and Promotion
  Kotak Securities Finvasia TradePlusOnline
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
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 TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 hrs except for bank holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail Direct from your Kotak Mahindra bank account. 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
NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

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...

  • Zero account opening charges and no maintenance fee.
  • Free investment in stocks (delivery trading).
  • The cheapest flat brokerage of Rs. 9 per order.
  • Free derivative trading.
  • 0 brokerage investment in direct mutual funds.
  • Cutting-edge RocketPlus technology trading platforms.
  • Advanced orders like basket orders and GTT orders.
  • Margin Trading Funding (MTF).
  • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
  • UNIV free learning platform for beginners.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

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...

  • Does not offer a 3-in-1 account.
  • Being a discount broker, it does not provide research & advisory.
  • Very high call & trade charges.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for Kotak Securities Enquire for Finvasia Enquire for TradePlusOnline

Last Updated on 2024-06-28T04:56:37+00:00