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
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Charge | Finvasia | Sharekhan |
---|---|---|
Demat Account Opening Charges | ₹0 (Free) | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹0 (Free) | ₹400 (Free for 1st year with trading account) |
Charge | Finvasia | Sharekhan |
---|---|---|
Plan Name | Standard | Classic Account |
Equity Delivery | ₹0 | 0.50% |
Equity Intraday | ₹0 | 0.10% |
Equity Futures | ₹0 | 0.10% |
Equity Options | ₹0 | ₹50 per lot |
Currency Futures | ₹0 | 0.10% |
Currency Options | ₹0 | ₹30 per lot |
Commodity Options | ₹0 | 0.03% |
Mutual Fund | N/A | N/A |
Segment | Finvasia | Sharekhan |
---|---|---|
Equity Delivery | 1x | Upto 5x |
Equity Intraday | Upto 10x | Upto 10x |
Equity Future | 2x | 2x |
Equity Options | 1x | Nil |
Currency Future | 1x | Nil |
Currency Options | 1x | Nil |
Commodity Future | 2x | Upto 2x |
Commodity Options | 1x | N/A |