Sharekhan Vs Finvasia

Compare Stock Brokers

Sharekhan Vs Finvasia is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.

This comparison article also provides a video comparison between Sharekhan Vs Finvasia so that you get a 360-degree view about which broker to go ahead with.

Sharekhan Vs Finvasia Comparison

Here is a point by point comparison of Sharekhan Vs Finvasia.

Sharekhan is one of India’s leading full-service brokers. Founded back in the year 2000 and today with its presence in more than 575 cities of India, Sharekhan ranks second in retail stockbroking in India. The stockbroker has been recently sold out to BNP Paribas for INR 2000 crore.

Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading.

The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.

Discount brokers such as Finvasia offer trading services at much cheaper brokerage rates and reasonable customer service.

On the other hand, Full-service brokers such as Sharekhan will help you, spoon feed you, handhold you through the process, even if you need offline help, meet someone, talk to somebody and so on.

Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Sharekhan Vs Finvasia to help you find which of the two suits your needs better.

The comparison is made on aspects such as:

  • Company Overview
  • Account Opening Charges
  • Brokerage
  • Exposure or Leverages
  • Research
  • Trading Platforms
  • Other Features

Sharekhan Vs Finvasia Compare

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover.

Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover.

For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Sharekhan Vs Finvasia for the benefits of other readers? Please feel free to share in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.

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