Finvasia: Trading & Demat Account, Reviews, Charges: 2024

Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.

Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.

Finvasia: an overview

Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides brokerage services in commodities, Equity and forex, currency hedging, corporate funding, asset management, research advisory, and MF solutions. It also deals in real estate investments unlike any brokers in the Indian arena. The goal was to eliminate any middleman one might have and directly make smart investments via Finvasia.

Initiated in August 2016, the stockbroking arm is affiliated with NSE, BSE, and MCX exchanges. They are currently planning to expand their base by introducing Margin Funding, depository, and clearing services soon. The USP of Finvasia is its lifetime zero brokerage offer. It means that you need to pay absolutely zero commission while trading with Finvasia across all channels of exchange. Although the client has to pay taxes and transaction charges, the account opening, Demat account, and Account maintenance (AMC) are cost-free with Finvasia. 

Apart from this, the research factor is also strong in the company. It offers various tools for trading as well as technical, fundamental, and analytical market research not subjected to human intelligence. 

A fast growing fintech company, the wide range of Finvasia services expand towards:

  • Investment Banking
  • Asset Management
  • Capital Advisory services
  • Hedging
  • Treasure Management
  • Brokerage Services in different segments

A Zero-brokerage model! You don't pay any account opening fee, Demat and Trading AMC, and you get it for free. That sound really attractive! Let's catch up with some more insights on Finvasia, its account opening charges, brokerage and other relevant details.

Finvasia: Trading Tools and Platforms

Due to its leverage of cost-free trading, some of the platforms which it offers, require a certain amount of subscription to use. The platforms offer high-frequency trading, and features like Latency sensitive API, Institutional order book, Algo plug-ins, and algorithmic FIX engine. 


It is a web-based trading application accessible on mobile phones, tablets, laptops, or desktop. With 40 in-built technical indicators, it facilitates fund transfer from over 30 banks. It is a free platform to trade online in currency, commodity, equity, futures, options, etc. and shows real-time chats and indicators of your portfolio. Along with all the necessary features, it has advanced trade options like cover orders, Bracket orders, and more. 


NEST or OMNESYS NEST is a terminal-based platform needed to be installed on the desktop. It facilitates trading in various commodities at a super-fast order execution. Enriched with advanced calculators like options calculator, advanced volatility calculator, VWAP calculator, and more, NEST is the leading platform by the Omnesys company. 


It is an installable trading terminal affiliated with an NSE program. NSE NOW offers a website, terminal, and a mobile app for trading. It is widely used by discount brokers in India and is highly compatible with all kinds of browsers including Chrome, Safari, Firefox, and IE. It is known for its high speed and compatibility across all channels.

Symphony Presto:

It is an automated trading platform to design, test, execute, and monitor trading and execution algos. Presto is a subsidiary of a Mumbai based fintech company, Symphony and facilitates trading in Equity, futures, commodity, and forex. It is designed to cater to the needs of everyone from a small trader to sophisticated hedge funds. 

Finvasia Account Opening Process

To open an account with Finvasia, you can visit their website and sign up for an account. After providing the details asked for, in the online form, an executive will get in touch with you. You can also call Finvasia sales number or visit their office in Chandigarh to get account details.

Finvasia Account Opening Charges: 2024

Demat Account Opening Charges₹0 (Free)
Trading Acc Opening Charges₹0
Trading Account AMC₹0
Demat Account AMC₹0 (Free)

Finvasia Account Brokerage Charges: 2024

Finvasia :Standard Brokerage Charges

Plan NameStandard
Equity Delivery₹0
Equity Intraday₹0
Equity Futures₹0
Equity Options₹0
Currency Futures₹0
Currency Options₹0
Commodity Options₹0
Mutual Fund

Finvasia Equity Brokerage:2024

Trading SegmentEquity DeliveryEquity Interaday
Securities Transaction Tax (STT)0.1% (both sides)0.025% (on Sell side)
Transaction / Turnover Charges₹325/crore₹325/crore
Goods and Services Tax (GST)18% on (Brokerage + Transaction Charge)18% on (Brokerage + Transaction Charge)
SEBI Charges₹5/Crore₹5/Crore
Stamp ChargesAs per UT ₹10 or State-wise for some statesAs per UT ₹10 or State-wise for some states

Finvasia Equity F&O Brokerage: 2024

ChargeEquity FuturesEquity Options
Securities Transaction Tax (STT)0.01% (on Sell side)0.05% (on Sell side) 0.125% (where option is exercised)
Transaction / Turnover Charges₹190/crore₹5000/crore of premium
Goods and Services Tax (GST)18% on (Brokerage + Transaction Charge)18% on (Brokerage + Transaction Charge)
SEBI Charges₹5/Crore₹5/Crore
Stamp ChargesAs per UT ₹10 or State-wise for some statesAs per UT ₹10 or State-wise for some states

Finvasia Currency Trading

Finvasia does offer currency trading in the MCX but with no brokerage charges. However, the trade-off is that the margins are relatively low, which might be a let-down for many. There are an array of trading tools offered but most of them are paid.

Finvasia, a stockbroker that is a

Finvasia Currency F&O Brokerage: 2024

ChargeCurrency FuturesCurrency Options
Securities Transaction Tax (STT)₹0₹0
Transaction / Turnover Charges₹115/crore₹4000/crore of premium
Goods and Services Tax (GST)18% on (Brokerage + Transaction Charge)18% on (Brokerage + Transaction Charge)
SEBI Charges₹5/Crore₹5/Crore
Stamp ChargesAs per UT ₹10 or State-wise for some statesAs per UT ₹10 or State-wise for some states

Finvasia Commodity Trading

Finvasia does offer commodity trading through the MCX. Moreover, the brokerage fee that the stockbroker charges is zero. Finvasia is a technology-centric stockbroker that offers a wide range of trading tools to trade in segments of the BSE, NSE, and MCX. Since 2016, the stockbroker has offered zero brokerage plans

Finvasia Commodity F&O Brokerage: 2024

ChargeCommodity FuturesCommodity Options
Securities Transaction Tax (STT)0.01% (on Sell side)0.01% (on Sell side)
Transaction / Turnover Charges₹260/ crore₹260/ crore
Goods and Services Tax (GST)18% on (Brokerage + Transaction Charge)18% on (Brokerage + Transaction Charge)
SEBI Charges₹5/Crore₹5/Crore
Stamp Charges₹0₹0

Finvasia Trading Platforms/Products Offered

Scalpert, a free to use and an advanced trading and charting platform built in-house by Finvasia.

Traders are always on the lookout for the next best thing in the stock market universe. It could be next-gen trading tools, trading platforms and even critical technical/financial information to help them make sound investments

Ask your questions here

Frequently Asked Questions or FAQs

Finvasia is as safe and reliable as any other stock broker when it comes to stock trading and investing. It is a relatively new entrant in Indian market, but has established itself in different countries in the past. The activities of all brokers are regularly monitored by SEBI , the apex regulating authority thereby protecting the interest of investors.

As claimed on the Finvasia website, their mission is to give traders and investors financial freedom from the brokerage. Offering zero brokerage fees, zero account setup fees, zero call & trade fees, and zero clearing fees, Finvasia claims that any overhead cost can be lowered when there is a high volume of clients.

Finvasia is amongst India’s fastest growing technology-driven financial (Fintech) company. Along with India, the company is established in 14 other countries across the globe.