Trade Smart Online Vs Finvasia
| |Trade Smart Online Vs Finvasia comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Trade Smart Online Vs Finvasia Comparison
Here is a point by point comparison of Trade Smart Online Vs Finvasia.
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.
Trade Smart Online is a discount broker that was incorporated by VNS – a stock broking firm that was founded in 1994.
Everything about discount brokers such as Finvasia and Trade Smart 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 Trade Smart Online Vs Finvasia 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
Trade Smart Online Vs Finvasia Details
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Trade Smart Online Review | Finvasia Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 1994 | 2013 |
Number of branches across India | 1 | 1 |
Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹200 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹200 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
Transaction Charges | Trade Smart Online Transaction Charges | Finvasia Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | ₹149 per month per segment |
Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | ₹149 per month per segment |
Equity Futures | ₹15 per executed order or 0.007% depending on the plan | ₹149 per month per segment |
Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹149 per month per segment |
Currency Futures | ₹15 per executed order or 0.007% depending on the plan | ₹149 per month per segment |
Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹149 per month per segment |
Commodity | ₹15 per executed order or 0.007% depending on the plan | ₹149 per month per segment |
Brokerage Calculator | Trade Smart Online Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 30 times | Upto 10 times for Intraday |
Equity Futures | Upto 5 times | Upto 2 times |
Equity Options | Upto 5 times | NA |
Currency Futures | Upto 3 times | NA |
Currency Options | Upto 3 times | NA |
Commodities | Upto 5 times | 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) | NOW, Nest, Spin | NOW, Nest, AMI Broker, Presto, Blitz |
Total BSE+NSE Complaints | 14 | 4 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Trade Smart Online Vs Finvasia for the benefits of other readers? Please feel free to share in the comments below.
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Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.