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Goodwill Commodities Vs Finvasia – Share Brokers Comparison
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Goodwill Commodities Vs Finvasia
Here is a point by point comparison of Goodwill Commodities 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. Goodwill Commodities is a chennai based full service stock broker which has an expertise in commodity trading. The broker was established in 2008 and has presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has relatively low focus on technology.
Discount brokers such as Finvasia offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Goodwill Commodities will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody 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 Goodwill Commodities 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
 |  | |
| Goodwill Commodities Review | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Discount Broker |
| Incorporated In the Year | 2008 | 2013 |
| Number of branches across India | 27 | 1 |
| Exchanges | BSE, NSE, MCX, NCDEX, MSEI | 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 | Goodwill Commodities Transaction Charges | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.5% | ₹149 per month per segment |
| Intraday Delivery | 0.1% | ₹149 per month per segment |
| Equity Futures | 0.1% | ₹149 per month per segment |
| Equity Options | 2.5% on the premium or ₹100 per contract, whichever is higher | ₹149 per month per segment |
| Currency Futures | 0.1% | ₹149 per month per segment |
| Currency Options | 2.5% on the premium or ₹30 per contract, whichever is higher | ₹149 per month per segment |
| Commodity | 0.1% | ₹149 per month per segment |
| Brokerage Calculator | Goodwill Commodities Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, 2 times for Delivery | Upto 10 times for Intraday |
| Equity Futures | 3 times for Intraday | Upto 2 times |
| Equity Options | 2 times for Intraday | NA |
| Currency Futures | 2 times for Intraday | NA |
| Currency Options | 2 times for Intraday | NA |
| Commodities | 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 Diet, NEST, iWin Mobile App, Goodwill Web Trading app | NOW, Nest, AMI Broker, Presto, Blitz |
| Complaints percentage | 0.15% | 0.22% |
| 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 Goodwill Commodities 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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Broker Name
Goodwill Commodities Vs Finvasia
Overall Rating
