Looking for Low Brokerage, High Margin & Free Tips?
Tradejini Vs Finvasia – Indian Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
Tradejini Vs Finvasia
Here is a point by point comparison of Tradejini 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.
TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments.
Everything about discount brokers such as Finvasia and Tradejini 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 Tradejini 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
 |  | |
| Tradejini Review | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 2012 | 2013 |
| Number of branches across India | 1 | 1 |
| Exchanges | BSE, NSE, MCX and MCX SX | NSE, BSE, MCX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹695 (get ₹300 off by Opening Account through Us) | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹300 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
| Transaction Charges | Tradejini Transaction Charges | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹20 per executed order or 0.10% of Turnover whichever is lower | ₹149 per month per segment |
| Intraday Delivery | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹149 per month per segment |
| Equity Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹149 per month per segment |
| Equity Options | ₹20 per executed order | ₹149 per month per segment |
| Currency Futures | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹149 per month per segment |
| Currency Options | ₹20 per executed order | ₹149 per month per segment |
| Commodity | ₹20 per executed order or 0.01% of Turnover whichever is lower | ₹149 per month per segment |
| Brokerage Calculator | Tradejini Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 20 Times for Intraday, & No leverage for Delivery | Upto 10 times for Intraday |
| Equity Futures | Normally 2.5 times with stop loss upto 5 times | Upto 2 times |
| Equity Options | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times | NA |
| Currency Futures | NA | NA |
| Currency Options | NA | 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) | NEST, NSE Now, NSE Mobile Trading App | 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 Tradejini or 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:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Tradejini Vs Finvasia
Overall Rating
