Finvasia

who will pay these two weeks intrest. now a days in banks intrest is calculated on daily basis
Though I wanted to teach my bank a lesson but for pennies who waste time. My bank cleverly hold I thanz to finvasia personnel who has shown genuine effort to get my money back. Lesson learned never use third party payment gateway. Use virtual account facility. Transfer in breakups. Check before transfer internet connection and bank website working fine or not.
 

Vmaster369

Well-Known Member
In Finvasia F&0 trading is versy costly
it takes 5 % more margin then other brokers . other broker charge u R.s 40 as brokerage . and finvasia charges u 0 but 5% extar margin
Totally unfair and stupidity.


NIfty may month

Finvasia
1 lot to Carry Overnight FINVASIA Margin NMRL R.s 113504 ?
---------------------------------------------------------------------------------
In zerodha
NIfty may month 1 lot Zerodha Margin NMRL R.s 1,07,844

Finvasia taking 5000 more ;xD
 
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Vmaster369

Well-Known Member
i Just had phone call conversation with finvasia . They said it;s not error
Margin are correct on there site website https://www.finvasia.com/calculators#
Finvasia margin for 1 lot carry forward is 113504
==============================================
I asked a guy who called me whats amount for nifty may month
he said plz look at margin calc of zerodha or samco it be same as there
calc on finvasia is not correct


then i said him Look in my account Finvasia is blocking margin exactly as per whats written in Finvasia site
i.e 113504

===================================================
then he went zerodha charges you brokerage R.s 40 lol finvasia is free . i said him paying R.s 40 wont matter to me .
What will i prefer paying R.s 40 to zerodha or pay R.s 5000 more margin lol
in short i understood Finvasia is making fool of there customer if you are f & 0 trader that trades nifty Finvasia is not for you

Sucks and i been a customer since 2019 and i didnt even knew that ....can i be more stupid

For option and Equity Finvasia is still best tho
for nifty futures NO WAY HELL

samco charges 106392 for nifty 1lot even lower then zerodha lol
 
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i Just had phone call conversation with finvasia . They said it;s not error
Margin are correct on there site website https://www.finvasia.com/calculators#
Finvasia margin for 1 lot carry forward is 113504
==============================================
I asked a guy who called me whats amount for nifty may month
he said plz look at margin calc of zerodha or samco it be same as there
calc on finvasia is not correct


then i said him Look in my account Finvasia is blocking margin exactly as per whats written in Finvasia site
i.e 113504

===================================================
then he went zerodha charges you brokerage R.s 40 lol finvasia is free . i said him paying R.s 40 wont matter to me .
What will i prefer paying R.s 40 to zerodha or pay R.s 5000 more margin lol
in short i understood Finvasia is making fool of there customer if you are f & 0 trader that trades nifty Finvasia is not for you

Sucks and i been a customer since 2019 and i didnt even knew that ....can i be more stupid

For option and Equity Finvasia is still best tho
for nifty futures NO WAY HELL

samco charges 106392 for nifty 1lot even lower then zerodha lol
Do day trade options ? is the platform stable and reliable for day trading ?
 

Vmaster369

Well-Known Member
well Finvasia platform is stable but when extreme move happens it tends to have lag .
other wise its stable platform. So once in blue moon it has problem and all broker have problem when move is fast and sudden .

I did maths
i went to zerodha site to reactivate my 9 yrs old account .
They say open Dp then only derivate will allow .I said i am not gone a open Demate account why i need demate when i want to trade nifty only.
so i pay 400 amc then on top i pay 40 brokerage and trader liek me easily will genearte brokerage 1 Lakhs + in 1 year
that was point to join finvasia .

so in end all is same
Zerodha trims via Amc charge and brokerage charge
Finvasia trims u via Extra 5% Margin for nifty .

So they both same in end

So for now i am stuck with Finvasia Who is Zero brokerage with Future margin Extra 5%
 
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Infooo

Active Member
Charging Extra Margin is something FINVASIA should explain.. if for 1 lot u hv to keep 5-7k extra then there has to be reason.. I ahifted to ICICDIRECT for future trade.. with neo pricing they charge zero brokerage too for future trade.. and yes Margin was 5-10k less for index and atock futures
 

Finvasia

Well-Known Member
In Finvasia F&0 trading is versy costly
it takes 5 % more margin then other brokers . other broker charge u R.s 40 as brokerage . and finvasia charges u 0 but 5% extar margin
Totally unfair and stupidity.


NIfty may month

Finvasia
1 lot to Carry Overnight FINVASIA Margin NMRL R.s 113504 ?
---------------------------------------------------------------------------------
In zerodha
NIfty may month 1 lot Zerodha Margin NMRL R.s 1,07,844

Finvasia taking 5000 more ;xD
i Just had phone call conversation with finvasia . They said it;s not error
Margin are correct on there site website https://www.finvasia.com/calculators#
Finvasia margin for 1 lot carry forward is 113504
==============================================
I asked a guy who called me whats amount for nifty may month
he said plz look at margin calc of zerodha or samco it be same as there
calc on finvasia is not correct


then i said him Look in my account Finvasia is blocking margin exactly as per whats written in Finvasia site
i.e 113504

===================================================
then he went zerodha charges you brokerage R.s 40 lol finvasia is free . i said him paying R.s 40 wont matter to me .
What will i prefer paying R.s 40 to zerodha or pay R.s 5000 more margin lol
in short i understood Finvasia is making fool of there customer if you are f & 0 trader that trades nifty Finvasia is not for you

Sucks and i been a customer since 2019 and i didnt even knew that ....can i be more stupid

For option and Equity Finvasia is still best tho
for nifty futures NO WAY HELL

samco charges 106392 for nifty 1lot even lower then zerodha lol
Hi @Vmaster369! Kindly inbox your client code, we'll have someone from the team get in touch to look into the matter. Thanks
 

Vmaster369

Well-Known Member
i dont need demate . only issue with me and zerodha was they telling me to send offline form for demate right that is gone a happen
will i go to courier nope.sems i too should look in icici neo

why would i inbo xu client code ? lol you told me on phone already whatever i needed to know Already
you no longer my fav broker u atke 5% more margin for nifty then other brokers but yeah i am stuck with you anyways.

One more thing awesoem feature of finvasia is I bought option yesterday squaring off my derivative nifty position
i made more then what would i make if i had nifty buy position today

and i sold option just now
now it wont let me buy nifty futures again today lol

You sell option you cannt buy nifty future today wait time maybe 1 day ? i think. idk about other broker do they do same or no if soemone has idea let us know plz
 
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Vmaster369

Well-Known Member
idont know to cuzz finvasia or not lol
yesterday it dint allow me to buy todaymarket down i bought in truck load few min ago 17000 ce june call ;xD

finvasia is lucky for me in weired reason zzzzz

bought at 1:00 pm sold all at 1;30 all done .
 
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