Prabhudas Lilladher vs Finvasia Comparison: 2024

About Prabhudas Lilladher

Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.

PL India: Formation & Glimpse

Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?

That brings us to today’s topic, "Prabhudas Lilladher".

Let us start by answering the first question: Who is Prabhudas Lilladher?

Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.

But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.

The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.

Moreover, PL India is

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

Prabhudas Lilladher vs Finvasia Account Opening Charges: 2024

ChargePrabhudas LilladherFinvasia
Demat Account Opening Charges₹0₹0 (Free)
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹250, free for 1st year₹0 (Free)

Prabhudas Lilladher vs Finvasia Brokerage Charges and Plans : 2024

ChargePrabhudas LilladherFinvasia
Plan NameN/AStandard
Equity Delivery0.2%₹0
Equity Intraday0.02%₹0
Equity Futures0.02%₹0
Equity Options0.02%₹0
Currency Futures0.02% to 0.01%₹0
Currency Options₹15 per Lot₹0
Commodity Options0.02%₹0
Mutual FundN/AN/A

Prabhudas Lilladher vs Finvasia Margin / Exposure: 2024

SegmentPrabhudas LilladherFinvasia
Equity DeliveryN/A1x
Equity IntradayN/AUpto 10x
Equity FutureN/A2x
Equity OptionsN/A1x
Currency FutureN/A1x
Currency OptionsN/A1x
Commodity FutureN/A2x
Commodity OptionsN/A1x

Prabhudas Lilladher vs Finvasia Currency Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% to 0.01% for Currency Futures and ₹15 per Lot for Currency Options whereas Finvasia Charges ₹0 for Currency futures and ₹0 for Currency options.

Prabhudas Lilladher vs Finvasia Commodity Charges and Plans: 2024

Prabhudas Lilladher charge 0.02% for commodity and Finvasia charge ₹0 for commodity.
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