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 Shoonya online trading platform.
Finvasia is a Chandigarh-based online discount brokerage firm that provides absolutely zero commission or brokerage-free trading and investment platform. The broking house is a member of BSE, NSE, MCX, and NCDEX to provide trading in stocks, equity derivatives, commodities, currencies, IPO, and mutual funds. The broker caters to the trading and investment requirements of a diversified client base including retail customers, NRIs, FPIs, and HNIs.
Finvasia is the pioneering broker who brought the concept of the zero brokerage model for the first time in India and allows traders and investors to place free equity delivery and intraday trades across segments.
Not just the nil brokerage benefit but also Finvasia offers free Demat & Trading account opening, zero Demat AMC, unlimited free call & trade, and charges zero clearing fees on BSE and NSE trading. Sign-up for a free online account today and start zero brokerage trading.
The technology-focused discount broker provides a user-friendly Shoonya online trading platform in mobile app, web, and desktop trading software. The platform has many advanced features and intuitive tools including multiple chart setup, technical indicators, historical price data, and seamless account management. It also provides a high-frequency algo trading platform to traders to place multiple orders based on pre-defined algorithms.
The discount broker provides online customer care support via email and helpline number. Check out the latest Finvasia Review 2023 including Finvasia account opening fees, brokerage charges, Shoonya mobile app, and trading platforms features, customer care number, and pros & cons uncovered.
Current promotion offer from Zerodha for InvestorGain Visitors:
Finvasia is India’s first commission-free online trading platform which makes it the cheapest discount broker for customers. The broker provides a lifetime zero brokerage Plan to customers on trading across all segments and all exchanges. This means on the brokerage front, it has the most competitive brokerage plan of zero pricing compared to top discount brokers like Zerodha, Upstox, 5paisa, etc.
|Trading Account Opening Charges:||Free|
|Trading Account AMC:||Free|
|Demat Account Opening Charges:||Free|
|Demat Account AMC:||Free|
Here we are comparing Finvasia with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Discount Broker||Discount Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||Rs 0||Rs 20||Rs 20||Rs 20||Rs 20|
|Account Type||2 in 1||2 in 1||3 in 1||3 in 1||2 in 1|
|Equity Delivery||Rs 0||Flat Fee Rs 20||Free||2.5% or Rs 20 whichever is lower||2.5% or Rs 20 whichever is lower|
|Equity Intraday||Rs 0||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower|
|Equity Futures||Rs 0||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% 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||Flat Fee Rs 20||Flat Fee Rs 20|
|Commodity||Rs 0||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
|Currency Futures||Rs 0||Flat Fee Rs 20||0.03% or Rs 20 whichever is lower||0.05% or Rs 20 whichever is lower||NA|
|Currency Options||Rs 0||Flat Fee Rs 20||Flat Fee Rs 20||Flat Fee Rs 20||NA|
Open a zero brokerage stock trading account online with Finvasia without any paperwork following the complete digital account opening process. The broker allows residents to open an integrated Demat & Trading account to trade on multiple exchanges.
Finvasia the technology-focused discount broker offers a 100% digital eKYC-based process to open an account online. The broker facilitates a simplified account opening process that hardly takes 5-10 minutes to open a Finvasia account.
Shoonya is a powerful multi-asset trading platform that provides out-of-the-box usability. The Shoonya platform is available in web, mobile app, and desktop software exe versions to allow customers to trade on their choice of device. The intuitive features on the Shoonya platform simplify your trading & investing experience to the next level, and are built for ultimate flexibility, speed, and performance. Have a quick glance at the important features available on each of these online trading platforms;
For detail review of mobile app and download please visit Finvasia Trading Platform 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;
Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
Finvasia broking firm provides all the required assistance to clients via customer care helpline number, and email. It has a dedicated sales & support customer service executives to resolve any customer query at the earliest. Prism is Finvasia&rsquo's in-house custom client portal where they can view their investment, leave a query, and raise an online ticket that will be resolved within the query resolution time of 24 hours. You can also do a live chat with the service team at Finvasia.
It also has a dedicated FAQ page on the website to resolve basic or general problems that most users face while trading.
However, being a discount broker, it neither has any toll-free number nor has branches across the country, thus, 24*7 customer service is not provided.
If you are looking for a Do-It-Yourself (DIY) kind of trading platform, you can open a Finvasia trading account online to trade on the BSE, NSE, and MCX at zero brokerage fees. Finvasia is the most cheapest discount broker in India with free intraday & delivery trading, zero account opening, zero call & trade facility, no hidden charges, no clearing fee, and the lowest DP charges.
However, if you are new to the world of trading and investing then you should open an account with full-service brokers like HDFC Securities, ICICI Direct, Kotak Securities, etc. who offer research & advisory services to help you take rationalized decision but be aware of the high brokerage charges.
Last updated on: 2023-09-05
|Compare Finvasia Vs 5paisa||Compare Finvasia Vs Zerodha|
|Compare Finvasia Vs Nuvama Wealth||Compare Finvasia Vs Paytm Money|
|Compare Finvasia Vs ProStocks||Compare Finvasia Vs Espresso Sharekhan|
|Compare Finvasia Vs Angel One||Compare Finvasia Vs Upstox|
|Compare Finvasia Vs SAMCO||Compare Finvasia Vs Fyers|
|Compare Finvasia Vs Alice Blue||Compare Finvasia Vs Sharekhan|
|Compare Finvasia Vs TradePlusOnline||Compare Finvasia Vs ICICIDirect|
|Compare Finvasia Vs HDFC Sky||Compare Finvasia Vs Aditya Birla Money|
|Compare Finvasia Vs SAS Online||Compare Finvasia Vs TradeSmart|
|Compare Finvasia Vs Kotak Securities||Compare Finvasia Vs Geojit|
|Compare Finvasia Vs IIFL Securities||Compare Finvasia Vs Reliance Securities|
|Compare Finvasia Vs Ventura||Compare Finvasia Vs AxisDirect|
|Compare Finvasia Vs SBICAP Securities||Compare Finvasia Vs Motilal Oswal|
|Compare Finvasia Vs SMC Global||Compare Finvasia Vs Anand Rathi|
|Compare Finvasia Vs Bonanza Portfolio||Compare Finvasia Vs Mangal Keshav|
|Compare Finvasia Vs Marwadi Group||Compare Finvasia Vs Monarch Networth|
|Compare Finvasia Vs Sushil Finance||Compare Finvasia Vs Religare Broking|
|Compare Finvasia Vs IDBI Direct||Compare Finvasia Vs Dhan|
|Compare Finvasia Vs Arihant Capital||Compare Finvasia Vs Nirmal Bang|
|Compare Finvasia Vs Indira Securities||Compare Finvasia Vs Stoxkart|
|Compare Finvasia Vs Groww|