Upstox Vs Finvasia Demat Account Comparison

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

Finvasia is a Chandigarh, India based financial service provider. Finvasia caters to retail, institutional and foreign customers. Finvasia offers truly brokerage free trading. It absolutely doesn’t change any brokerage commission from customers to trade on BSE, NSE, and MCX. Customers can trade in any segment by just paying applicable taxes. Call & trade is also available for free of cost to the customers.

Finvasia is a depository participant with CDSL. They offer all kind of depository services to its customer at a very reasonable price.

They are an online broker. All services offered are online or over the phone. They do not have any branch offices, franchise or partner offices.

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

Plot # 10, Netsmartz House (Level 3).
Rajiv Gandhi Chd Tech Park.
Chandigarh. India 160101

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

Retail trading in equity, currency and commodity, depository (demat account), asset management, investment banking, advisory, and currency hedging.

Rs 249

₹0 (+ stamp charge of ₹199)

Rs 150

₹0 for Individual/HUF/NRI
₹1000 per year for corporate

Nil

₹0

Rs 2.00 per certificate plus courier charges of Rs 35 per demat request

₹15 + ₹99 Courier charges

Rs 25 per certificate or 0.05% of the value whichever is higher.

₹15 + ₹99 Courier charges

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

₹9 (including CDSL Fee)

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

₹25 + NSDL Charges

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

0.05% of the transaction charges subject to a minimum of Rs 50

₹25 + NSDL Charges

Rs 50 per transaction

₹49 per transaction

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

• Periodic Statements - Email: Free | Physical: ₹99 Courier Charges
• Adhoc / Non Periodic Statement - Email: Free | Physical: ₹5 per page + ₹99 Courier Charges
• Delivery Instructions - First Booklet: Free | Additional: ₹99 for 10 leaves
• Check Bounce - ₹299
• Failed Transaction - ₹49 per transcaction
• Modification in Client Information - ₹19 per request
• Demat Closure Account - Nil
• Delay Payment Charges - 2% per month on T+2 days