Finvasia Review: Brokerage charges, Demat & Trading Account Opening
Smart2Investor last edited by
I really like discussing about different stock brokers in India. This time I have picked Finvasia for my review. So, let's have a closer look at the Finvasia brokerage charges and other important details about this investment platform. You'll also learn the how to open aFinvasia demat and trading account. In fact, the demat account opening process is almost similar with all the online brokers in India.
India has a diversified financial sector experiencing rapid expansions, both in terms of solid growth and new startups entering the market. Recently, I have been highlighting many of the financial and investment companies here in India. Today we continue our analysis on the Indian market as usual. The talk of today is "Finvasia", a rapidly growing financial company in India.
Finvasia: About the Company
Finvasia is a Chandigarh based financial investment company founded by ex-Wall Street professionals in the year 2016. The company is amongst India’s fastest growing technology-driven financial (Fintech) company. Along with India, the company is established in 14 other countries across the globe.
Finvasia Company is commonly called as a “one-stop shop for Foreign Portfolio Investors (FPI)” for all the investors who seek to make investments in the Indian markets.
Finvasia Review: What does the company offer?
The company provides a wide range of financial services like:
- Trading in equity, currency and commodity.
- Asset management
- Investment banking
- Advisory services
- Currency hedging, etc.
The company supports retail, institutional and foreign customer’s users as well. It also offers advice to investors who plan to diversify their investments and build their own portfolio, across borders and asset class. Moreover, it is also looking into providing services; Clearing Services, Margin Funding, Depository Services and more.
In addition, it also offers many trading platforms like ScalperT, NEST, NOW, the flagship Web & Mobile Trading App.
How to Open an Account at Finvasia?
It takes less than 5 minutes to open an account on Finvasia!
Enter all the required details (your PAN number, email id, Date of birth and select your password) and your account is created.
What are the charges? | Pricing Plan of Finvasia
The platform operates on “NO BROKERAGE” policy and is a free account facility. Thus opening, transacting and managing your account and portfolio on Finvasia is “free of cost”.
But, the platform does charge for annual maintenance cost for account operating on the application. Even though the account is free, all statutory cost for operating the investment through the stock exchange and banks will apply as usual.
Note: A few of the trading applications can be chargeable.
What is the benefit of choosing Finvasia?
The company provides an easy and free account opening process which can be easily accessed and used by their investors.
Apart from being transparent and user-friendly, the platform provides so many services and trading opportunity.
Their online “Chat Service” and “Customer support team” can assist you with your financial and trading needs. One can easily navigate and select the most suitable opportunity or opportunities to achieve their financial goals.
Finvasia: A Final Take
India is among the growing vibrant global economies, on the back of robust banking, insurance, and technologically advanced financial sector. With Finvasia in the market, many investors are likely to get benefited with the smart platform which perfectly resonates with its tagline, “Finvasia: Invest with intelligence”.