Finvasia Vs Definedge Securities
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
Definedge Securities
Finvasia Vs Definedge Securities - Broker Details
| Finvasia | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2015 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX. |
| Branches | Zero | 270 |
| Brokerage | ₹0 (Free) | ₹18 per executed order |
| Broker Type | Discount Broker | Discount Broker |
Finvasia Vs Definedge Securities - Account Opening & AMC Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹300 AMC |
Finvasia Vs Definedge Securities - Brokerage charges & Plans
| Finvasia | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 (Free) | ₹0 (Free) |
| Equity Options | ₹0 (Free) | ₹18 per executed order |
| Commodity Options | ₹0 (Free) | ₹18 per executed order |
| Equity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹0 (Free) | ₹18 per executed order |
| Fixed Charges | ₹0 (Free) | ₹18 per executed order |
| Equity Intraday | ₹0 (Free) | 0.03% or ₹ 18 per executed order whichever is lower |
Finvasia Vs Definedge Securities - Other Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹0 (Free) | ₹18 per executed order |
| Minimum Brokerage | ₹0 (Free) | ₹18 per executed order |
Finvasia Vs Definedge Securities - Transaction Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | ₹325/Cr | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | ₹325/Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | ₹5000/Cr | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | ₹260/Cr | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | ₹115/Cr | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | ₹325/Cr | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Finvasia Vs Definedge Securities - Margin (Exposure)
| Finvasia | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Features
| Finvasia | Definedge Securities | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Finvasia Vs Definedge Securities - Review & Rating
| Finvasia | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Definedge Securities - Request a call back from Broker
| Finvasia | Definedge Securities | |
|---|---|---|
Finvasia Vs Definedge Securities - Investment Options
| Finvasia | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Order Type
| Finvasia | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Research & Report
| Finvasia | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Daily Market Report
| Finvasia | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
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Finvasia Vs Definedge Securities - Suitable For Investor
| Finvasia | Definedge Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Finvasia Vs Definedge Securities - Pros & Cons
| Finvasia | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Finvasia Vs Definedge Securities - Background
| Finvasia | Definedge Securities | |
|---|---|---|
Finvasia Vs Definedge Securities - Compare All Brokers
| Finvasia | Definedge Securities | |
|---|---|---|
Finvasia Vs Definedge Securities - STT/CTT
| Finvasia | Definedge Securities | |
|---|---|---|
| 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) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finvasia Vs Definedge Securities - Demat transaction charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹0 (Free) |
Finvasia Vs Definedge Securities - GST
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Finvasia Vs Definedge Securities - SEBI Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Finvasia Vs Definedge Securities - Account Opening & AMC Charges
Finvasia
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹300 AMC
Finvasia Vs Definedge Securities
| Finvasia | Definedge Securities | |
|---|---|---|
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 "+ Definedge Securities |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
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Definedge Securities
Finvasia Vs Definedge Securities - Brokerage charges & Plans
| Finvasia | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0 (Free) | ₹0 (Free) |
| Equity Options | ₹0 (Free) | ₹18 per executed order |
| Commodity Options | ₹0 (Free) | ₹18 per executed order |
| Equity Futures | ₹0 (Free) | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹0 (Free) | ₹18 per executed order |
| Fixed Charges | ₹0 (Free) | ₹18 per executed order |
| Equity Intraday | ₹0 (Free) | 0.03% or ₹ 18 per executed order whichever is lower |
| Call Back Open Account |
Finvasia Vs Definedge Securities - Margin (Exposure)
| Finvasia | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Other Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹36/- per order |
| Other Brokerage Charges | ₹0 (Free) | ₹18 per executed order |
| Minimum Brokerage | ₹0 (Free) | ₹18 per executed order |
Finvasia Vs Definedge Securities - STT/CTT
| Finvasia | Definedge Securities | |
|---|---|---|
| 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) | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finvasia Vs Definedge Securities - Demat transaction charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹0 (Free) |
Finvasia Vs Definedge Securities - GST
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% (on brokerage + transaction charges) |
Finvasia Vs Definedge Securities - SEBI Charges
| Finvasia | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Finvasia Vs Definedge Securities - Features
| Finvasia | Definedge Securities | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 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. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |