FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Sharekhan Vs Finvasia Vs Zerodha: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Zerodha ranges between Rs 20. The broker Finvasia and Zerodha are a discount brokers where Sharekhan is a full service broker. Overall rating for Sharekhan is 4, Finvasia is rated 4, Zerodha is rated 4.5 out of 5.

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

Compare Sharekhan vs Finvasia vs Zerodha on Service

  Sharekhan Compare
Sharekhan
Finvasia Compare
Finvasia
Zerodha Compare
Zerodha
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 Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan 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.
Broker Enquiry Request call back from Sharekhan Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Sharekhan vs Finvasia vs Zerodha on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Finvasia vs Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs Finvasia vs Zerodha
Charges Sharekhan Finvasia Zerodha
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Free Rs 300 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Finvasia vs Zerodha on Plan Options

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

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

Account Opening

  Sharekhan Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Finvasia vs Zerodhaon Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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.

Brokerage Charges - Compare Sharekhan vs Finvasia vs Zerodha
Brokerage Charges Compare Sharekhan Finvasia Zerodha
Plan Name Sharkehan Brokerage Plan Zero Brokerage Trading Plan Max Rs 20 per order Trading Plan
Equity Delivery 0.30% Rs 0 Free
Equity Intraday 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Rs 0 Flat Fee Rs 20
Currency Futures 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Rs 5 per lot Rs 0 Flat Fee Rs 20
Commodity Trading Rs 20 per lot Rs 0 Flat Fee Rs 20
Minimum Brokerage Rs 20 NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA NA
Call & Trade Charges Free Free Rs 50 Per Executable Order
Auto Square off Charges Free Free Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Finvasia Brokerage Calculator for Zerodha
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Share Broker's Transaction Charges

Compare Sharekhan vs Finvasia vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Sharekhan vs Finvasia vs Zerodha
Transaction Charges Compare Sharekhan Finvasia Zerodha
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 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 sharekhan Complete Brokerage Plans for finvasia Complete Brokerage Plans for zerodha
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Account Features

Compare Sharekhan vs Finvasia vs Zerodha on Account Features

Compare Sharekhan vs Finvasia vs Zerodha 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 - Sharekhan offers margin funding where Finvasia and Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Sharekhan vs Finvasia vs Zerodhaon Trading Platform

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

https://www.sharekhan.com/

https://trade.finvasia.com/

Zerodha Kite Web

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 Sharekhan SCALPERT Zerodha Kite App
Mobile Trading App Demo Sharekhan Demo SCALPERT Demo Zerodha Kite App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Sharekhan Download Info Not Available iOS Zerodha Kite 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 Sharekhan Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for finvasia Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Sharekhan vs Finvasia vs Zerodha on User Rating

  Sharekhan Finvasia Zerodha
  184 Customer Reviews    Rate Sharekhan 17 Customer Reviews    Rate Finvasia 160 Customer Reviews    Rate Zerodha
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Zerodha is Rated 3.9 / 5 based on 160 customer reviews
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Investment Offerings

Compare Sharekhan vs Finvasia vs Zerodha on Investment Offerings

Compare Sharekhan vs Finvasia vs Zerodha 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) - Sharekhan offers PMS facility where Finvasia and Zerodha doesn't offers PMS facility.

Investment Offerings - Compare Sharekhan vs Finvasia vs Zerodha
Investment Offerings Compare Sharekhan Finvasia Zerodha
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 No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No Yes
PMS Service Yes No No
Other Investment Options NIL NIL NIL
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Order Types

Compare Sharekhan vs Finvasia vs Zerodha on Order Types

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

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

Compare Sharekhan vs Finvasia vs Zerodha on Customer Service

Compare Sharekhan vs Finvasia vs Zerodha 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 Sharekhan vs Finvasia vs Zerodha
Customer Service Compare Sharekhan Finvasia Zerodha
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No Yes
Customer Care Number 1800227500 Support: +91 9779 097 777/Sales: +91 9098 001 001 "+ 91 80 4040 2020"
Account Opening Process Offline Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://finvasia.com/announcements https://zerodha.com/varsity/
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
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
Website https://www.sharekhan.com https://www.finvasia.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Sharekhan vs Finvasia vs Zerodha on Research Reports, Tips

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

Research Reports - Compare Sharekhan vs Finvasia vs Zerodha
  Sharekhan Finvasia Zerodha
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 No
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Demat Account

Compare Sharekhan vs Finvasia vs Zerodha on Demat Account

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

Demat Charges - Compare Sharekhan vs Finvasia vs Zerodha
  Sharekhan Finvasia Zerodha
DP Source CDSL CDSL CDSL
DP ID 36000 84300 81600
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free ₹300 pa
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Rs 0 Nil
Statutory charges Actual Stamp Paper Charges Nil ₹50
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate (Min 50 per request) ₹15 per certificate ₹150 per certificate + ₹100 courier charges
Remat ₹50 per certificate or ₹50 for every hundred securities ₹15 for every hundred securities + CDSL Charges ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation 0.03% (Min ₹100) ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure Nil ₹25 per transaction ₹20 + ₹12 CSDL charges
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation Nil ₹19 per transaction ₹20
Failed Instruction Charges Nil ₹49 ₹50 per instraction
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Finvasia vs Zerodha on Special Offers and Promotion

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

Compare Sharekhan vs Finvasia vs Zerodha on Special Offers and Promotion
  Sharekhan Finvasia Zerodha
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 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
Payout Time Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Info Not Available 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).
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
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
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

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...

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...

Dislikes
  • It doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • 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...

  • 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...

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.
Enquire for Sharekhan Enquire for Finvasia Enquire for Zerodha

Last Updated on 2024-03-04T07:37:57+00:00