INDmoney Vs Finvasia
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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
INDmoney Vs Finvasia - Broker Details
| INDmoney | Finvasia | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2012 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | Zero |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Finvasia - Account Opening & AMC Charges
| INDmoney | Finvasia | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Finvasia - Brokerage charges & Plans
| INDmoney | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs Finvasia - Other Charges
| INDmoney | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs Finvasia - Transaction Charges
| INDmoney | Finvasia | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | ₹4000/Cr of premium |
| Equity Futures | NSE: 0.00195% on total turnover value | ₹325/Cr |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | ₹325/Cr |
| Equity Options | NSE: 0.053% on premium value | ₹5000/Cr |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | ₹260/Cr |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | ₹115/Cr |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | ₹325/Cr |
INDmoney Vs Finvasia - Margin (Exposure)
| INDmoney | Finvasia | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Finvasia - Features
| INDmoney | Finvasia | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Finvasia - Review & Rating
| INDmoney | Finvasia | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Finvasia - Request a call back from Broker
| INDmoney | Finvasia | |
|---|---|---|
INDmoney Vs Finvasia - Investment Options
| INDmoney | Finvasia | |
|---|---|---|
| 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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INDmoney Vs Finvasia - Order Type
| INDmoney | Finvasia | |
|---|---|---|
| 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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INDmoney Vs Finvasia - Research & Report
| INDmoney | Finvasia | |
|---|---|---|
| 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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INDmoney Vs Finvasia - Daily Market Report
| INDmoney | Finvasia | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Finvasia - Suitable For Investor
| INDmoney | Finvasia | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Finvasia - Pros & Cons
| INDmoney | Finvasia | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs Finvasia - Background
| INDmoney | Finvasia | |
|---|---|---|
INDmoney Vs Finvasia - Compare All Brokers
| INDmoney | Finvasia | |
|---|---|---|
INDmoney Vs Finvasia - STT/CTT
| INDmoney | Finvasia | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Finvasia - Demat transaction charges
| INDmoney | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹9 + Gst per scrip only on sell |
INDmoney Vs Finvasia - GST
| INDmoney | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs Finvasia - SEBI Charges
| INDmoney | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Finvasia - Account Opening & AMC Charges
INDmoney
Finvasia
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Finvasia
| INDmoney | Finvasia | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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 .. |
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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
INDmoney Vs Finvasia - Brokerage charges & Plans
| INDmoney | Finvasia | |
|---|---|---|
| Commodity Futures | N/A | ₹0 (Free) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Commodity Options | N/A | ₹0 (Free) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Call Back Open Account |
INDmoney Vs Finvasia - Margin (Exposure)
| INDmoney | Finvasia | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs Finvasia - Other Charges
| INDmoney | Finvasia | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs Finvasia - STT/CTT
| INDmoney | Finvasia | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Finvasia - Demat transaction charges
| INDmoney | Finvasia | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹9 + Gst per scrip only on sell |
INDmoney Vs Finvasia - GST
| INDmoney | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
INDmoney Vs Finvasia - SEBI Charges
| INDmoney | Finvasia | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Finvasia - Features
| INDmoney | Finvasia | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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