Indiabulls vs Finvasia Comparison: 2024
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
About Finvasia
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
Indiabulls vs Finvasia Account Opening Charges: 2024
| Charge | Indiabulls | Finvasia |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹500 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 | ₹0 (Free) |
Indiabulls vs Finvasia Brokerage Charges and Plans : 2024
| Charge | Indiabulls | Finvasia |
|---|---|---|
| Plan Name | Equity Unlimited Trade Plan | Standard |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹0 | ₹0 |
| Equity Futures | ₹15 per trade | ₹0 |
| Equity Options | ₹15 per trade | ₹0 |
| Currency Futures | ₹15 per trade | ₹0 |
| Currency Options | ₹15 per trade | ₹0 |
| Commodity Options | 0.03% | ₹0 |
| Mutual Fund | N/A | N/A |
Indiabulls vs Finvasia Margin / Exposure: 2024
| Segment | Indiabulls | Finvasia |
|---|---|---|
| Equity Delivery | 1x (No margin) | 1x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Intra-day: 4x | Carry forward: 1x | 2x |
| Equity Options | Intra-day: 4x | Carry forward: 1x | 1x |
| Currency Future | Intra-day: 2x | Carry forward: 1x | 1x |
| Currency Options | Intra-day: 2x | Carry forward: 1x | 1x |
| Commodity Future | N/A | 2x |
| Commodity Options | N/A | 1x |