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Finvasia Vs Zerodha: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Zerodha Max Rs 20 per trade. Both the brokers are Discount Brokers. Finvasia is having overall lower rating compare to Zerodha. Finvasia is rated only 4 out of 5 where Zerodha is rated 4.5 out of 5. Number of active customer for Zerodha is 66,09,384 where number of active customer for Finvasia is 31,782. Zerodha is serving more customer compare to Finvasia.

Here we present side-by-side comparison of Finvasia vs Zerodha share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Zerodha's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Finvasia vs Zerodha share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs Zerodha's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Finvasia vs Zerodha on Service

  Finvasia Compare
Finvasia
Zerodha Compare
Zerodha
Overall Rating Rated 4 stars Rated 4.5 stars
Brokerage Charges Rated 5 stars Rated 4.5 stars
Trading Platform Rated 4 stars Rated 4.5 stars
Investments Offering Rated 4 stars Rated 4 stars
Customer Service Rated 3 stars Rated 4.5 stars
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 31,782 66,09,384
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 the game-changing discount broker with the concept of Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, superfast Zerodha Kite trading platform, and quick & re...Know more about Zerodha
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Zerodha on Trading & Demat Account Opening Charges

Comparison of Finvasia with Zerodha on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Finvasia with Zerodha
Charges Finvasia Zerodha
Trading Account Opening Fees Free Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Zerodha on Plan Options

Plans are the most important feature you look when compare Finvasia with Zerodha. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Finvasia with Zerodha on Plan Options
Plan Types Finvasia Zerodha
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Zerodha on 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.

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

Compare Finvasia vs Zerodha on Transaction Charges

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

Transaction Charges - Compare Finvasia with Zerodha
Transaction Charges Compare Finvasia Zerodha
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 115 Per Cr Rs 135 Per Cr
Currency Options Rs 4000 Per Cr Rs 4400 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
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for zerodha
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Account Features

Compare Finvasia vs Zerodha on Account Features

Compare Finvasia with Zerodha on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Finvasia offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Finvasia vs Zerodha on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Zerodha. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Finvasia with Zerodha
Trading Platform Compare Finvasia Zerodha
Desktop Trading Platform OMNESYS NEST Kite By Zerodha
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Zerodha Kite
Mobile Trading App Demo SCALPERT Demo Zerodha Kite Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Zerodha Kite Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Zerodha Kite Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Zerodha
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Zerodha
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Zerodha
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for zerodha

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Broker Ratings by Users

Compare Finvasia vs Zerodha on User Rating

  Finvasia Zerodha
  10 Customer Reviews    Rate Finvasia 159 Customer Reviews    Rate Zerodha
Fees Ratings 3.9 4.0
Trading Brokerage Rating 4.4 4.5
Trading Platform Usability 3.9 3.7
Customer Service Ratings 3.9 3.8
Overall Ratings Rated 4.2 stars Rated 3.9 stars
Broker Rating Finvasia is Rated 4.2 / 5 based on 10 customer reviews Zerodha is Rated 3.9 / 5 based on 159 customer reviews
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Investment Offerings

Compare Finvasia vs Zerodha on Investment Offerings

Compare Finvasia with 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Finvasia vs Zerodha on Order Types

Order Type - Compare Finvasia with Zerodha on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Finvasia provide Bracket Orders (BO) where Zerodha doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Zerodha offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.

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

Compare Finvasia vs Zerodha on Customer Service

Compare Finvasia with Zerodha on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Finvasia with Zerodha
Customer Service Compare Finvasia Zerodha
24/7 Customer Service Finvasia vs Zerodha - 24x7 customer support No No
Email Support Finvasia vs Zerodha - Email Support Yes Yes
Onine Live Chat Finvasia vs Zerodha - Onine Live Chat Yes No
Phone Support Finvasia vs Zerodha - Phone Support Yes Yes
Toll Free Number Finvasia vs Zerodha - Toll Free Number No No
Through Branches Finvasia vs Zerodha - Through Branches No Yes
Customer Care Number Finvasia vs Zerodha - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 "+ 91 80 4040 2020"
Account Opening Process Finvasia vs Zerodha - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Finvasia vs Zerodha - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Zerodha - Knowledge Center/Education https://finvasia.com/announcements https://zerodha.com/varsity/
Head Office Address Finvasia vs Zerodha - Head Office Address/Corporate 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
Website Finvasia vs Zerodha - Company Website https://www.finvasia.com/ https://zerodha.com/
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Tips/Research/Reports Published

Compare Finvasia vs Zerodha on Research Reports, Tips

Compare Finvasia with Zerodha on research reports and tips provided by the broker.

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

Compare Finvasia vs Zerodha on Demat Account

Compare Finvasia with Zerodha on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Finvasia is Free where for Zerodha is ₹300 pa. Finvasia is a better choice in terms of Demat AMC compare to Zerodha.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Zerodha is ₹8 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

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

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Zerodha on Special Offers and Promotion

Compare Finvasia with Zerodha on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Finvasia vs Zerodha on Special Offers and Promotion
  Finvasia Zerodha
Pay In and Pay Out Options Finvasia vs Zerodha - 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
Payout Time Finvasia vs Zerodha - Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except for bank holidays
Bank Supported and Charges Finvasia vs Zerodha - 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).
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
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...

  • 0 brokerage on delivery trades.
  • Max Rs. 20 brokerage on intraday and F&O trades.
  • Open Zerodha IDFC First 3-in-1 Account (Demat + Trading + IDFC First Bank).
  • Zero brokerage investment in direct mutual funds on Coin.
  • 100% online account opening and account closure facility.
  • Apply for IPO online for Free.
  • Kite superfast and feature-rich web and app trading platform.
  • Zerodha Varsity, a free stock-market learning platform for beginners.
  • Zerodha offers NRI Trading services.
  • Free UPI-based hassle-free fund transfer process.
  • Advanced order placement facility; bracket order, cover order, and after-market order.
  • Zerodha GTT (Good Till Triggered) order feature.
  • Zero minimum deposit.
  • No hidden charges.
  • Zero-level Debt Company.

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...

  • Zerodha doesn’t offer intraday trading tips, recommendations, research, or advisory facility.
  • High call & trade charges of Rs. 50 per executed order.
  • High auto square off charges of Rs. 50 per executed order.
  • Zerodha does not provide Free Unlimited Monthly Brokerage Plan.
  • The 3-in-1 account opening facility is only available with IDFC First Bank.
  • Zerodha only offers NSE SME IPO, IPO that will list on the BSE SME platform are not available.

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.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-09-19T09:03:22+00:00