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 66,38,326 where number of active customer for Finvasia is 36,781. 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
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.
|Broker Type||Discount Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE, BSE, MCX|
|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...||Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite trading platform, the largest...|
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 Account Opening Fees||Free||Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com)|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Free||Rs 300 PA|
|Provide DP Service|
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.
|Account Opening Request|
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||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|
|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|
Compare Finvasia with Zerodha on transaction charges and PCM fee by segment.
|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|
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 Compare||Finvasia||Zerodha|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:10 PM|
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||Zerodha|
|Desktop Trading Platform||OMNESYS NEST||Kite By Zerodha|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.finvasia.com/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SCALPERT||Zerodha Kite|
|Mobile Trading App Demo||SCALPERT Demo||Zerodha Kite Demo|
|Android Mobile App|
|Android App Download||Andriod SCALPERT Download||Andriod Zerodha Kite Download|
|iPhone Mobile App (IOS)|
|iOS App Download||Info Not Available||iOS Zerodha Kite Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
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||Zerodha|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
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 Type Compare||Finvasia||Zerodha|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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 Service Compare||Finvasia||Zerodha|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Support: +91 9779 097 777/Sales: +91 9098 001 001||"+ 91 80 4040 2020"|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]/[email protected]||[email protected]|
|Head Office Address||Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Compare Finvasia with Zerodha on research reports and tips provided by the broker.
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 â€“ 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 Account Annual Maintenance Charges(AMC)||Free||₹300 pa|
|Advance Deposit||Rs 0||Nil|
|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|
Compare Finvasia with Zerodha on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|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||Up to 24 hrs except for bank holidays.||Max 24 hrs except for bank holidays|
|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,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
Branch: Sandoz Branch, Mumbai
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;
|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
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