Finvasia (None)

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Finvasia, a technology-driven financial services provider based in India, is Finvasia. Finvasia provides a variety of financial services in India as well as 14 other countries. The main offerings include retail forex in equity, commodity, asset and investment banking, advisory and currency hedging. Finvasia serves both foreign and institutional customers. Honest Pricing. Innovative Platform. Exceptional Service Finvasia Founders Finvasia Securities is located in Chandigarh (India). Since August 2016, they offer stock broking services to India. They are members of NSE, BSE and MCX. In the near future, they plan to launch Clearing Services and Margin Funding. Finvasia offers lifetime, zero brokerage trading services in the segments on NSE, BSE and MCX. Finvasia customers pay no commission when they trade with Finvasia. All exchanges and segments offer brokerage-free trading. Clearing Fee is not charged by Finvasia. Clients are responsible for paying taxes and any exchange transaction changes. Unlike discount brokers, FINVAISA charges an additional monthly fee to use its software for trading (platform fees). Customers who switch from traditional brokers to Finvasia will save over 90% on their broker commissions. This broker is very popular with traders because of its zero commission trading service. However, the leverage available for trading is less than other brokers in this same category. For Equity Intraday Trading, the company offers leverage up to 10x. Finvasia provides a variety of tools to help with trading, fundamental and statistical analysis. ScalperT and Omnysis NEST are the trading platforms. Symphony, Amibroker and NSE Now are also available. Trading tools include high-frequency trading and Institutional Order Book.

Finvasia Products

The segments that you can invest in are equity, commodity, currency, futures, and options.
  • Equity
  • Commodity
  • Currency
  • Futures
  • Options

Finvasia Trading Softwares

A collection of software and applications that the broker offers to help you execute online buy/sell orders. These are the names of their portals and mobile apps.
  • ScalperT
  • NEST

Finvasia Brokerage Plans

Choose from one or more plans below. Use tabs if multiple plans available. A single plan includes all the basic charges and brokerages, margins, etc.

Finvasia Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, IPO platform, Bonds & Debt, Exchange Traded Funds, etc.
  • Mutual Funds
  • IPO Platforms
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance

Finvasia Additional Features

Extra features are provided by the broker at little or no extra cost. Like SMS Alerts, Margin Funding, Margin Against Share, etc.
  • 3 in 1 Account
  • Free Recommendations
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share

Finvasia Pros

These are Finvasia 's benefits.

They provide online trading that is completely commission-free. They do not charge brokerage fees. Customers pay only taxes, and the monthly trading platform charges fees for a few trading software.
ScalperT, ScalperT's flagship Web & Mobile Trading App, is free to all customers.
There are many trading platforms available, including NSET, ScalperT, NOW, and ScalperT.
Discount broker that also provides research and stock analysis.
Opening a trading or Demat account is free.
Online account opening takes just five minutes through eKYC or AADHAAR eSign.
Call & trade is free.
Finvasia is one of the very few brokers that offer Algo trading tools to retail customers.
It offers online chat support.
Finvasia offers an online IPO application.
Advance orders such as bracket orders or cover orders are possible.

Finvasia Cons

  1. You can see the Finvasia drawbacks.

    • Finvasia provides an online, do-it-yourself (DIY), stock trading academy with minimal or no support from a broker. These are not recommended for casual or beginner investors.
    • Brokers offer very little margin/leverage.
    • Scalpter (trading site) only has a 1-minute charting frame.
    • Advance orders such as Bracket orders can be made at a charge.
    • Trading platforms such as NEST or NOW can be charged.
    • There is no brokerage fee, but you will still need to pay demat charges, taxes, and software charges.
    • GTC orders cannot be placed at NSE or BSE. They are available at MCX.
    • Finvasia is an internet broker. There are no branches to provide local support.
    • Margin Funding is not offered.
    • It doesn't offer a 3-in-1 Account.

Our Conclusion

Finvasia is an Indian Robinhood. No Brokerage Charge, No Account opening fee, No Demat & Trading AMC. As they claim, they charge fees for high-end trading platforms. Their business model is unique in the Indian stock market ecosystem. Their customer reviews and expertise suggest that finvasia is worth a look.

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