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

The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Kotak Securities ranges between Rs. 20 per order, while the brokerage of Finvasia ranges between Rs 0. The broker Reliance Securities and Kotak Securities are full service brokers where Finvasia is a discount broker. Overall rating for Reliance Securities is 3.5, Kotak Securities is rated 4, Finvasia is rated 4 out of 5.

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

Compare Reliance Securities vs Kotak Securities vs Finvasia on Service

  Reliance Securities Compare
Reliance Securities
Kotak Securities Compare
Kotak Securities
Finvasia Compare
Finvasia
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities 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
Broker Enquiry Request call back from Zerodha Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared Reliance Securities vs Kotak Securities vs Finvasia on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening, Kotak Securities charges Rs 99 for account opeing, and Finvasia charges Free for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) as AMC for Demat account, Kotak Securities charges Rs 600 PA AMC for Demat account, where Finvasia charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities vs Kotak Securities vs Finvasia
Charges Reliance Securities Kotak Securities Finvasia
Trading Account Opening Fees Rs 950 Rs 99 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 600 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Kotak Securities vs Finvasia on Plan Options

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

Compare Reliance Securities vs Kotak Securities vs Finvasia on Plan Options
Plan Types Reliance Securities Kotak Securities Finvasia
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Kotak Securities vs Finvasiaon Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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.

Brokerage Charges - Compare Reliance Securities vs Kotak Securities vs Finvasia
Brokerage Charges Compare Reliance Securities Kotak Securities Finvasia
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Kotak Securities Trade Free Plan Zero Brokerage Trading Plan
Equity Delivery 0.50% 0.25% Rs 0
Equity Intraday 0.05% Free Rs 0
Equity Futures 0.05% Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0
Equity Options Rs 100 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 0
Currency Futures 0.05% Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0
Currency Options Rs 100 Per Lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 0
Minimum Brokerage 5 paise per share Rs 21 per executed order NA
Hidden Charges No No
Funding Yes - 18% interest PA 12.49% interest PA Yes, 24% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) 20 calls free and after that Rs 20 per call Free
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. 20 calls free and after that Rs 20 per call Free
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Kotak Securities Brokerage Calculator for Finvasia
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Share Broker's Transaction Charges

Compare Reliance Securities vs Kotak Securities vs Finvasia on Transaction Charges

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

Transaction Charges - Compare Reliance Securities vs Kotak Securities vs Finvasia
Transaction Charges Compare Reliance Securities Kotak Securities Finvasia
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for finvasia
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Account Features

Compare Reliance Securities vs Kotak Securities vs Finvasia on Account Features

Compare Reliance Securities vs Kotak Securities vs Finvasia 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 Reliance Securities and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - Reliance Securities and Kotak Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Reliance Securities vs Kotak Securities vs Finvasia
Account Features Compare Reliance Securities Kotak Securities Finvasia
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. Yes, Reliance Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes Yes Yes
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Kotak Securities vs Finvasiaon Trading Platform

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

http://tick.rsec.co.in/

https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat

https://trade.finvasia.com/

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App TICK PRO Kotak Neo SCALPERT
Mobile Trading App Demo TICK PRO Demo Kotak Neo Demo SCALPERT Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod TICK PRO Download Andriod Kotak Neo Download Andriod Download
iPhone Mobile App (IOS) Yes Yes No
iOS App Download iOS TICK PRO Download iOS Kotak Neo Download iOS SCALPERT Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
Trading Software Charges Free Free Basic platforms are free, advance platforms are chargeable.
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Finvasia
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Finvasia
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Finvasia
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for finvasia

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Broker Ratings by Users

Compare Reliance Securities vs Kotak Securities vs Finvasia on User Rating

  Reliance Securities Kotak Securities Finvasia
  52 Customer Reviews    Rate Reliance Securities 82 Customer Reviews    Rate Kotak Securities 17 Customer Reviews    Rate Finvasia
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews
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Investment Offerings

Compare Reliance Securities vs Kotak Securities vs Finvasia on Investment Offerings

Compare Reliance Securities vs Kotak Securities vs Finvasia 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) - Reliance Securities and Kotak Securities offers PMS facility where Finvasia doesn't offers PMS facility.

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

Compare Reliance Securities vs Kotak Securities vs Finvasia on Order Types

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

Order Types - Compare Reliance Securities vs Kotak Securities vs Finvasia
Order Type Compare Reliance Securities Kotak Securities Finvasia
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 Yes No
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Customer Service Offered

Compare Reliance Securities vs Kotak Securities vs Finvasia on Customer Service

Compare Reliance Securities vs Kotak Securities vs Finvasia 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 Reliance Securities vs Kotak Securities vs Finvasia
Customer Service Compare Reliance Securities Kotak Securities Finvasia
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 Yes No
Through Branches Yes Yes No
Customer Care Number 022 41596000 | 022 62436000 1800 209 9191 Support: +91 9779 097 777/Sales: +91 9098 001 001
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]/[email protected]
Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://finvasia.com/announcements
Head Office Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
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
Website https://www.reliancesmartmoney.com https://www.kotaksecurities.com https://www.finvasia.com/
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Tips/Research/Reports Published

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

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

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

Compare Reliance Securities vs Kotak Securities vs Finvasia on Demat Account

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

Demat Charges - Compare Reliance Securities vs Kotak Securities vs Finvasia
  Reliance Securities Kotak Securities Finvasia
DP Source CDSL CDSL CDSL
DP ID 41400 49200 84300
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹780 pa Free
Advance Deposit Nil NA Rs 0
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.04% (Min ₹27) + CDSL charges ₹9 + ₹5.50 (CDSL Charges) for every transaction
Demat ₹5 per certificate + ₹30 request charges ₹3 per certificate + ₹50 courier charges ₹15 per certificate
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30) NIL
Pledge Closure 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30) ₹25 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30) NIL
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of transaction value (Min ₹30) ₹19 per transaction
Failed Instruction Charges Nil Nil ₹49
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

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

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

Compare Reliance Securities vs Kotak Securities vs Finvasia on Special Offers and Promotion
  Reliance Securities Kotak Securities Finvasia
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
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.
Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Up to 24 hrs except for bank holidays.
Bank Supported and Charges Info Not Available (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.
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

Detail Review...

  • 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...

Dislikes
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

  • 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...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-09-13T01:50:30+00:00