Finvasia Vs F6 Online – Share Brokers Comparison
Finvasia Vs F6 Online
Here is a point by point comparison of Finvasia Vs F6 Online. Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency. F6 Online is an evolving discount broker with a fixed price monthly and yearly subscription plans for its clients. One of the best part of F6 Online is that it has no annual maintenance changes involved in its pricing which is one of its own kind in this competitive stock broking space.
Everything about discount brokers such as Finvasia and F6 Online is internet based, be it – customer service, trading, account opening and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Finvasia Vs F6 Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
F6 Online Review | Finvasia Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2013 | 2013 |
Number of branches across India | 7 | 1 |
Exchanges | NSE, BSE, MCX, NCDEX and NMCE | NSE, BSE, MCX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | F6 Online Transaction Charges | Finvasia Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Intraday Delivery | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Equity Futures | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Equity Options | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Currency Futures | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Currency Options | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
Commodity | ₹666 per month or ₹6666 per year | ₹149 per month per segment |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 4 times | Upto 10 times for Intraday |
Equity Futures | Upto 4 times | Upto 2 times |
Equity Options | NA | NA |
Currency Futures | Upto 4 times | NA |
Currency Options | NA | NA |
Commodities | 4 times of limit in the liquid commodities including Metals and Crude with no leverage in Agri commodities | Upto 2 times |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | F6 Online Web LIVE, F6 Online Mobile app | NOW, Nest, AMI Broker, Presto, Blitz |
Total BSE+NSE Complaints | 88 | 4 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Finvasia Vs F6 Online for the benefits of other readers. Please feel free to share in the comments below.
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