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Upstox Vs Finvasia – Indian Share Brokers Comparison
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Upstox Vs Finvasia
Here is a point by point comparison of Upstox 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. Upstox is a discount broker launched by 3 co-founders in 2012. Today, Upstox does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
Everything about discount brokers such as Finvasia and Upstox 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. 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 Upstox 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 stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Finvasia Review | Upstox Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2013 | 2012 |
| Number of branches across India | 1 | 3 |
| Exchanges | NSE, BSE, MCX | NSE, BSE, MCX and MCX – SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹150 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹150 |
| Transaction Charges | Finvasia Transaction Charges | Upstox Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹149 per month per segment | ₹0 |
| Intraday Delivery | ₹149 per month per segment | ₹20 per executed order |
| Equity Futures | ₹149 per month per segment | ₹20 per executed order |
| Equity Options | ₹149 per month per segment | ₹20 per executed order |
| Currency Futures | ₹149 per month per segment | ₹20 per executed order |
| Currency Options | ₹149 per month per segment | ₹20 per executed order |
| Commodity | ₹149 per month per segment | ₹20 per executed order |
| Brokerage Calculator | Upstox Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday | Upto 20 times Intraday |
| Equity Futures | Upto 2 times | Upto 4 times for Intraday |
| Equity Options | NA | Upto 4 times for Intraday |
| Currency Futures | NA | Upto 4 times for Intraday |
| Currency Options | NA | Upto 4 times for Intraday |
| Commodities | Upto 2 times | Upto 3 times for Intraday |
| 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, AMI Broker, Presto, Blitz | NEST, Upstox, Upstox Pro |
| Total BSE+NSE Complaints %age | 0.22% | 0.12% |
| 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 Upstox Vs Finvasia for the benefits of other readers. Please feel free to share in the comments below.
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Summary
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Date
Broker Name
Upstox Vs Finvasia
Overall Rating
