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 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
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | Finvasia | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 (Free) | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 (Free) | ₹600 per year |
Charge | Finvasia | Kotak Securities |
---|---|---|
Plan Name | Standard | Fixed Brokerage Plan |
Equity Delivery | ₹0 | 0.49% |
Equity Intraday | ₹0 | 0.049% (both side) |
Equity Futures | ₹0 | 0.049% (both side) |
Equity Options | ₹0 | ₹300 per lot |
Currency Futures | ₹0 | N/A |
Currency Options | ₹0 | N/A |
Commodity Options | ₹0 | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Finvasia | Kotak Securities |
---|---|---|
Equity Delivery | 1x | N/A |
Equity Intraday | Upto 10x | N/A |
Equity Future | 2x | N/A |
Equity Options | 1x | N/A |
Currency Future | 1x | N/A |
Currency Options | 1x | N/A |
Commodity Future | 2x | N/A |
Commodity Options | 1x | N/A |