Fyers Vs Finvasia – Indian Share Brokers Comparison

A Digital Blogger | | Broker Comparison, Trading | No Comments

Compare Stock Brokers

Fyers Vs Finvasia

Here is a point by point comparison of Fyers 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.

FYERS is also a discount broker but launched recently in April 2015. It stands for “Focus Your Energy & Reform the Self” and is known for its advanced trading platforms with different unique features.

Everything about discount brokers such as Finvasia and Fyers 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 Fyers 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



	Fyers Review	Finvasia Review
OVERVIEW
Broker Type	Discount Broker	Discount Broker
Incorporated In the Year	2015	2013
Number of branches across India	1	1
Exchanges	BSE, NSE	NSE, BSE, MCX
ACCOUNT CHARGES
Trading Account Opening Charges	₹0	₹0
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹0
Transaction Charges	Fyers Transaction Charges	Finvasia Transaction Charges
BROKERAGE
Equity Delivery	₹20 per executed order	₹149 per month per segment
Intraday Delivery	₹20 per executed order	₹149 per month per segment
Equity Futures	₹20 per executed order	₹149 per month per segment
Equity Options	₹20 per executed order	₹149 per month per segment
Currency Futures	₹20 per executed order	₹149 per month per segment
Currency Options	₹20 per executed order	₹149 per month per segment
Commodity	NA	₹149 per month per segment
Brokerage Calculator	Fyers Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 15 times for Intraday, 3 to 5 times for Delivery	Upto 10 times for Intraday
Equity Futures	Upto 5 times	Upto 2 times
Equity Options	Upto 5 times	NA
Currency Futures	Upto 5 times	NA
Currency Options	Upto 5 times	NA
Commodities	NA	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)	FYERS One, FYERS Markets, FYERS Web Trader	NOW, Nest, AMI Broker, Presto, Blitz
Total BSE+NSE Complaints	38	4
OVERALL RATING
	Get a Callback	Get a Callback

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 Fyers Vs Finvasia for the benefits of other readers. Please feel free to share in the comments below.

Check out more comparisons here.

In case you are looking to open a Demat account, get started by entering basic details below: