Trading Bells Vs Finvasia – Share Brokers Comparison
Trading Bells Vs Finvasia
Here is a point by point comparison of Trading Bells Vs Finvasia. Trading Bells is a Discount stock broker that is based out of Indore and has a presence in over 80 cities of India. It recently got a ₹2 Crore seed round from Swastika Investment in December 2016.
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.
Discount brokers such as Finvasia or Trading Bells offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your digital appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Trading Bells 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
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
Trading Bells Review | Finvasia Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Discount Broker |
Incorporated In the Year | 2014 | 2013 |
Number of branches across India | 1 | 1 |
Exchanges | NSE, BSE, MCX, MCX – SX and NCDEX | 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 | Trading Bells Transaction Charges | Finvasia Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹0 | ₹149 per month per segment |
Intraday Delivery | 0.01% or ₹20 per executed order whichever is lower | ₹149 per month per segment |
Equity Futures | 0.01% or ₹20 per executed order whichever is lower | ₹149 per month per segment |
Equity Options | Flat ₹20 per executed order | ₹149 per month per segment |
Currency Futures | 0.01% or ₹20 per executed order whichever is lower | ₹149 per month per segment |
Currency Options | Flat ₹20 per executed order | ₹149 per month per segment |
Commodity | 0.01% or ₹20 per executed order whichever is lower | ₹149 per month per segment |
Brokerage Calculator | Trading Bells Brokerage Calculator | |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday | Upto 10 times for Intraday |
Equity Futures | Upto 3 times for Intraday | Upto 2 times |
Equity Options | Buying no leverage | NA |
Currency Futures | Upto 2 times for Intraday | NA |
Currency Options | Upto 3 times for Intraday | NA |
Commodities | Upto 3 times for Intraday | 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) | ODIN, NETNET Lite, NSE Now, Mobile Trade | NOW, Nest, AMI Broker, Presto, Blitz |
Total BSE+NSE Complaints | 9 | 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 Trading Bells Vs Finvasia for the benefits of other readers. Please feel free to share in the comments below.
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