How good is Finvasia?

Finvasia is a trustworthy broker and offers a zero brokerage model. Some brokers may allude investors with a free brokerage plan and offer only one free segment or for a limited period. As compared to many discount brokers, Finvasia truly offers completely free brokerage plans across all the segments.

Is Finvasia good for intraday?

Finvasia Margin Exposure Finvasia margin for intraday trading is up to 20\% of trade value (max 5x leverage) based on the stock. Finvasia F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX.

What is CNC in Finvasia?

Cash and Carry (“CNC”) : This product is used when client wants to take delivery of shares in NSE and BSE. NRML : This product is used when client want to carry the position overnight for Futures and option in NSE,MCX,NCDEX and currency.

How is Finvasia free?

Customers pay absolutely no commission while trading with Finvasia. The brokerage free trading is available in all the exchanges and segments. Finvasia also doesn’t charge Clearing Fee. The client has to pay the taxes and exchange transaction changes.

Is Finvasia a clearing member?

Finvasia is registered as Commercial Clearing & Trading Member of National Stock Exchange of India Limited and Bombay Stock Exchange and a Trading Member of Multi Commodity Exchange of India.

What is the difference between finfinvasia and Zerodha?

Finvasia is a Zero Brokerage Broker whereas Zerodha is a Discount Broker. Now how are they same? Both the brokers offer trading in all the major segments and charge zero brokerage for equity delivery.

How much does finfinvasia charge brokers?

Finvasia truly doesn’t charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform. Doesn’t charge any trade clearing charges. A variety of trading platforms are available for the trader to choose from.

What is margin in Zerodha for intraday?

Zerodha margin for intraday trading is up to 20\% of the trade value (5x leverage) based on the stock whereas the Finvasia margin for intraday cash is also up to 20\% of the trade value (5x leverage) based on the stock. The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin.

What are the services offered by finvasia?

Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers.