Finvasia Vs Maverick
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Finvasia Vs Maverick - Broker Details
| Finvasia | Maverick | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | N/A |
| Brokerage | ₹0 (Free) | 0.01% per order |
| Broker Type | Discount Broker | Full Service Broker |
Finvasia Vs Maverick - Account Opening & AMC Charges
| Finvasia | Maverick | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 per year | ₹999 for Lifetime |
| Trading Account AMC | ₹0 (Free) | NA |
Finvasia Vs Maverick - Brokerage charges & Plans
| Finvasia | Maverick | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.01% per order |
| Currency Futures | ₹0 (Free) | 0.01% per order |
| Equity Delivery | ₹0 (Free) | 0.1% per order |
| Equity Options | ₹0 (Free) | Rs. 10 per lot |
| Commodity Options | ₹0 (Free) | Rs. 10 per lot |
| Equity Futures | ₹0 (Free) | 0.01% per order |
| Currency Options | ₹0 (Free) | Rs. 10 per lot |
| Fixed Charges | ₹0 (Free) | 0.01% per order |
| Equity Intraday | ₹0 (Free) | 0.01% per order |
Finvasia Vs Maverick - Other Charges
| Finvasia | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹0 (Free) | 0.01% per order |
| Minimum Brokerage | ₹0 (Free) | 0.01% per order |
Finvasia Vs Maverick - Transaction Charges
| Finvasia | Maverick | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | Exchange txn charge: 0.035%e |
| Equity Futures | ₹325/Cr | NSE: 0.0019% |
| Equity Intraday | ₹325/Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | ₹5000/Cr | NSE: 0.05% (on premium) |
| Commodity | ₹260/Cr | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | ₹115/Cr | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | ₹325/Cr | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Finvasia Vs Maverick - Margin (Exposure)
| Finvasia | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Finvasia Vs Maverick - Features
| Finvasia | Maverick | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Finvasia Vs Maverick - Review & Rating
| Finvasia | Maverick | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Maverick - Request a call back from Broker
| Finvasia | Maverick | |
|---|---|---|
Finvasia Vs Maverick - Investment Options
| Finvasia | Maverick | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Finvasia Vs Maverick - Order Type
| Finvasia | Maverick | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Finvasia Vs Maverick - Research & Report
| Finvasia | Maverick | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Finvasia Vs Maverick - Daily Market Report
| Finvasia | Maverick | |
|---|---|---|
| Daily Market Reports & News |
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Finvasia Vs Maverick - Suitable For Investor
| Finvasia | Maverick | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Finvasia Vs Maverick - Pros & Cons
| Finvasia | Maverick | |
|---|---|---|
| Pros | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 1.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Finvasia Vs Maverick - Background
| Finvasia | Maverick | |
|---|---|---|
Finvasia Vs Maverick - Compare All Brokers
| Finvasia | Maverick | |
|---|---|---|
Finvasia Vs Maverick - STT/CTT
| Finvasia | Maverick | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finvasia Vs Maverick - Demat transaction charges
| Finvasia | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | Rs.20 /- |
Finvasia Vs Maverick - GST
| Finvasia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Finvasia Vs Maverick - SEBI Charges
| Finvasia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finvasia Vs Maverick - Account Opening & AMC Charges
Finvasia
Maverick
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300 per year | ₹999 for Lifetime
Trading Account AMC
₹0 (Free)
NA
Finvasia Vs Maverick
| Finvasia | Maverick | |
|---|---|---|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. + " Vs "+ Maverick |
Maverick Account Opening Process and Charges Detail |
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Maverick
Maverick Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Finvasia Vs Maverick - Brokerage charges & Plans
| Finvasia | Maverick | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.01% per order |
| Currency Futures | ₹0 (Free) | 0.01% per order |
| Equity Delivery | ₹0 (Free) | 0.1% per order |
| Equity Options | ₹0 (Free) | Rs. 10 per lot |
| Commodity Options | ₹0 (Free) | Rs. 10 per lot |
| Equity Futures | ₹0 (Free) | 0.01% per order |
| Currency Options | ₹0 (Free) | Rs. 10 per lot |
| Fixed Charges | ₹0 (Free) | 0.01% per order |
| Equity Intraday | ₹0 (Free) | 0.01% per order |
| Call Back Open Account |
Finvasia Vs Maverick - Margin (Exposure)
| Finvasia | Maverick | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Finvasia Vs Maverick - Other Charges
| Finvasia | Maverick | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹20/Order |
| Other Brokerage Charges | ₹0 (Free) | 0.01% per order |
| Minimum Brokerage | ₹0 (Free) | 0.01% per order |
Finvasia Vs Maverick - STT/CTT
| Finvasia | Maverick | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finvasia Vs Maverick - Demat transaction charges
| Finvasia | Maverick | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | Rs.20 /- |
Finvasia Vs Maverick - GST
| Finvasia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Finvasia Vs Maverick - SEBI Charges
| Finvasia | Maverick | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Finvasia Vs Maverick - Features
| Finvasia | Maverick | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |