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
SAMCO is another popular discount broker in India which has carved a niche for itself in a short span of time. It conceptualized in the year 2015 and with its diversifying broking services and products range it has a good hold on the market at present.
Samco Securities Ltd. is known to be a suitable stockbroker for beginners since it offers an exhaustive repository of basic and intermediate tutorials on investing and trading. At the same time, with low brokerage charges, they leave a low chance of risk for the beginners as compared to other Indian stock brokers.
It allows trading across all the leading stock and commodity exchanges in India including NSE, BSE, MCX, MCX-SX and NCDEX. Samco facilitates commodity segment for MCX trading through its associated entity, Samco Commodities Ltd. The firm primarily caters to corporate and retail clients. It also offers loans against shares, low brokerage Demat
Charge | Finvasia | SAMCO |
---|---|---|
Demat Account Opening Charges | ₹0 (Free) | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 (Free) | ₹400 |
Charge | Finvasia | SAMCO |
---|---|---|
Plan Name | Standard | Standard |
Equity Delivery | ₹0 | ₹20 per executed order |
Equity Intraday | ₹0 | ₹20 per executed order |
Equity Futures | ₹0 | ₹20 per executed order |
Equity Options | ₹0 | ₹20 per executed order |
Currency Futures | ₹0 | ₹20 per executed order |
Currency Options | ₹0 | ₹20 per executed order |
Commodity Options | ₹0 | ₹20 per executed order |
Mutual Fund | N/A | N/A |
Segment | Finvasia | SAMCO |
---|---|---|
Equity Delivery | 1x | Upto 4x |
Equity Intraday | Upto 10x | Upto 15x |
Equity Future | 2x | Upto 4x |
Equity Options | 1x | Upto 8x |
Currency Future | 1x | Upto 3x |
Currency Options | 1x | Upto 5x |
Commodity Future | 2x | Upto 5x |
Commodity Options | 1x | Upto 5x |