Finvasia

Vmaster369

Well-Known Member
see video

One thing about finvasia is great
MObil app superb
Customer base soon to cross 10k lol i was among the first 2 thousand to join.
 
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Infooo

Active Member
Kudo to all novice traders who put review on Twitter for sake of Rs. 1000.. all reviews shows shoonya as an app which everyone was baiting for.. but reading here from genuine traders I find it's another piece of crap after scalpert..
 

brokenbull

Well-Known Member
I do agree that Finvasia rolled out Shoonya all 3 versions abruptly with out even putting a youtube video & stopping NEST.

But honestly we have to ask the question why any one of us are opening account in Finvasia ?
free intraday brokerage + free MIS auto closure with out any charges + no demat charges of any kind.

Shoonya android app is very good & most stable among the three .
Chart is too small .but execution /pending orders /executed orders /our watch lists /Nifty/sensex stocks list is useful .
Still chart IQ chart settings not able to save permanently is a problem.
Desktop is ok. sometimes freezes but still workable. Web version looks faster than desk top. as I depend on trading view charts only I find no problem.
eDis still not operational in Finvasia is also an issue.
Can not trade Equity in CNC mode for multiday/week trades.(Iam in Finvasia only to trade intraday cash equity + currency + silver& gold mini micro futures. so with out eDis surviving so far . )
If I like a over sold stock I buy in Zerodha at 3.25pm in CNC with full payment .(as I can not buy in finvasia & sell next day (BTST)as I have no POC in Finvasia )

If some body trades multi day equity positional only they can stay at zerodha .
If some one trades big risk futures & options where a few seconds freeze will cost thousands /lakhs of ₹ they should stay with more dependable platforms. not Finvasia. no use coming here & complaining.!
If you want to sell Nifty/BankNifty soptions -few seconds delay does not matter -you are aiming for theta decay.
Atleast you dont have zerodha problems like hedging strikes restricted as they have too many customers.
Reduced Margin benefit applies only when you open/close first the full margin end & then the hedge reduced margin end.
If you are a small fish scalping intraday cash equity / currency / commodity futures with very little cost basis (only Govt taxes for break even ) , Finvasia is the best .
Shoonya android is vastly superior to Scalpert .(still can cot compare to KITE android app ofcourse)
Desk top /web version is still work in progress.
Finvasia is honest to boot & they are trying this "free intraday brokerage " sincerely to acquire more customers as Finvasia is at the bottom 10 ("No 90 in the top 100 broker list ")
Always keep the phone nearby to close a existing winning/loosing position (if desktop/web freezes ) .
If you are not still happy below is top 100 brokers list .
S.No. Trading Member Name (aka Name of Stock Broker) Active Clients Change since last month
1 ZERODHA BROKING LIMITED 2720797 +118215
2 RKSV SECURITIES INDIA PRIVATE LIMITED (UPSTOX) 1544002 +155181
3 ICICI SECURITIES LIMITED 1237972 +22441
4 ANGEL BROKING LIMITED 1123476 +54810
5 HDFC SECURITIES LTD. 862275 +49553
6 5PAISA CAPITAL LIMITED 757438 +22501
7 KOTAK SECURITIES LTD. 684503 -676
8 SHAREKHAN LTD. 618867 +5582
9 MOTILAL OSWAL FINANCIAL SERVICES LIMITED 476352 +15707
10 AXIS SECURITIES LIMITED 400193 +5953
11 NEXTBILLION TECHNOLOGY PRIVATE LIMITED (GROWW) 324906 +59276
12 SBICAP SECURITIES LIMITED 293271 +3473
13 IIFL SECURITIES LIMITED 260678 +2959
14 GEOJIT FINANCIAL SERVICES LIMITED 181759 +2194
15 EDELWEISS BROKING LIMITED 143908 +87
16 SMC GLOBAL SECURITIES LTD. 124765 +1659
17 RELIGARE BROKING LIMITED 121768 +395
18 RELIANCE SECURITIES LIMITED 117071 -4858
19 NIRMAL BANG SECURITIES PVT. LTD. 113574 +865
20 ALICE BLUE FIN SVCS P LTD 100040 +5888
21 MARWADI SHARES AND FINANCE LIMITED 98469 +1569
22 VENTURA SECURITIES LTD. 87759 +1276
23 ANAND RATHI SHARE AND STOCK BROKERS LIMITED 78434 +358
24 SAMCO SECURITIES LIMITED 71102 +772
25 JAINAM SHARE CONSULTANTS PRIVATE LIMITED 66644 +1151
26 TRADEBULLS SECURITIES § LTD. 64361 -289
27 ASTHA CREDIT & SECURITIES § LTD 62793 +9990
28 MONARCH NETWORTH CAPITAL LIMITED 53905 +526
29 ADITYA BIRLA MONEY LIMITED 50711 -10
30 IDBI CAPITAL MARKETS & SECURITIES LTD. 50153 -105
31 SWASTIKA INVESTMART LIMITED 47030 +1115
32 CHOICE EQUITY BROKING PRIVATE LIMITED 45989 +1141
33 JM FINANCIAL SERVICES LIMITED 45559 +385
34 MASTER CAPITAL SERVICES LIMITED 44280 +430
35 BONANZA PORTFOLIO LTD. 40837 +161
36 NJ INDIA INVEST PRIVATE LIMITED 39867 +1255
37 INDIABULLS SECURITIES LIMITED 39237 -1120
38 SHCIL SERVICES LIMITED 39171 +785
39 JHAVERI SECURITIES LIMITED 38672 —
40 INTEGRATED ENTERPRISES (INDIA) PRIVATE LIMITED 37490 -336
41 SUSHIL FINANCIAL SERVICES PRIVATE LIMITED 37466 +424
42 PROFITMART SECURITIES PRIVATE LIMITED 37053 +2050
43 GLOBE CAPITAL MARKET LIMITED 34622 +308
44 ARIHANT CAPITAL MARKETS LIMITED 34012 +373
45 VNS FINANCE & CAPITAL SERVICES LTD. 33690 +706
46 GOODWILL WEALTH MANAGEMENT PVT LTD 33634 +984
47 SHAH INVESTORS HOME LIMITED 31776 +154
48 PRABHUDAS LILLADHER PVT. LTD. 29565 +468
49 SURESH RATHI SECURITIES PRIVATE LIMITED 29425 +363
50 SHRI PARASRAM HOLDINGS PVT. LTD. 29312 +307
51 LKP SECURITIES LTD. 26952 -15
52 FYERS SECURITIES PRIVATE LIMITED 26775 +1381
53 WAY2WEALTH BROKERS PRIVATE LIMITED 26758 +63
54 PAYTM MONEY LTD. 26491 +7646
55 SHRIRAM INSIGHT SHARE BROKERS LIMITED 26430 -347
56 ACML CAPITAL MARKETS LIMITED 23840 +470
57 ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD. 22281 +30
58 NAVIA MARKETS LTD. 21377 +402
59 KIFS TRADE CAPITAL PRIVATE LIMITED 20547 +58
60 PRUDENT BROKING SERVICES PRIVATE LIMITED 20155 +118
61 ECONO BROKING PRIVATE LIMITED 16173 +1120
62 NARNOLIA FINANCIAL ADVISORS LIMITED 16005 -404
63 YES SECURITIES (INDIA) LIMITED 15827 +253
64 SOUTH ASIAN STOCKS LTD. 15824 +328
65 ALANKIT ASSIGNMENTS LTD. 15179 +190
66 ASHIKA STOCK BROKING LTD. 14762 +136
67 GOLDMINE STOCKS PRIVATE LIMITED 14758 +78
68 ZEN SECURITIES LTD. 14632 +143
69 ZEBU SHARE AND WEALTH MANAGEMENTS PRIVATE LIMITED 14105 +381
70 CANARA BANK SECURITIES LIMITED 13380 +152
71 STEEL CITY SECURITIES LTD. 13338 +111
72 ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED 13307 -114
73 PHILLIPCAPITAL (INDIA) PVT. LTD 13171 +135
74 EMKAY GLOBAL FINANCIAL SERVICES LIMITED 13137 -80
75 ISS ENTERPRISE LIMITED 12660 +28
76 ACUMEN CAPITAL MARKET (INDIA) LTD 12512 +72
77 PRAVIN RATILAL SHARE AND STOCK BROKERS LTD 12315 +146
78 SYKES & RAY EQUITIES (I) LTD. 11172 +184
79 TRUSTLINE SECURITIES LIMITED 10867 -40
80 MONEYWISE FINVEST LIMITED 10540 +576
81 INDIANIVESH SHARES AND SECURITIES PRIVATE LIMITED 10390 -636
82 LATIN MANHARLAL SECURITIES PVT. LTD. 9967 +57
83 PCS SECURITIES LTD. 9951 —
84 BHANSALI VALUE CREATIONS PRIVATE LIMITED 9880 +266
85 NINE STAR BROKING PRIVATE LIMITED 9876 +113
86 HEM FINLEASE PVT. LTD. 9875 +402
87 LAKSHMISHREE INVESTMENT & SECURITIES PVT. LTD. 9635 +314
88 PUNE E STOCK BROKING PRIVATE LIMITED 9596 +121
89 SSJ FINANCE & SECURITIES PVT. LTD. 9586 -7
90 FINVASIA SECURITIES PRIVATE LIMITED 9483 +267
91 ADROIT FINANCIAL SERVICES PRIVATE LIMITED 9397 -5
92 INVENTURE GROWTH & SECURITIES LIMITED 9305 +123
93 BP EQUITIES PRIVATE LIMITED 8965 +52
94 WEALTH INDIA FINANCIAL SERVICES PVT LTD 8820 +556
95 ARHAM SHARE CONSULTANTS PRIVATE LIMITED 8662 +157
96 GEPL CAPITAL PRIVATE LIMITED 8487 +4
97 SHREE BAHUBALI STOCK BROKING LTD 8217 +43
98 FORTUNE CAPITAL SERVICES PRIVATE LIMITED 8054 +61
99 ASHLAR SECURITIES PRIVATE LIMITED 8052 +11
 
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I placed an order to buy 13700 PE,Nothing showed,i assumed order was not placed presuming it has something to do with quarterly settlement i had on saturday.

Then i placed another order to check,again nothing happened(though tickers were working properly).

I moved to chat service where i was queued no 26, Then closed desktop to open app and i saw my position was open.

I hastily closed my position and saved possible loss.

Sent from my Redmi Note 4 using Tapatalk
 
Tell me how many of you were able to place an order on Shoonya today morning..
I have faced. today disappointed. They are not taking clients' money seriously. Have to think. But in India brokers and Govt all are looters. Where to open dont know. I dont mind to pay but rs 40 per trade is too much. Upto rs 20 is ok. Looking for a good broker with fix monthly charges and one fund for all segment. I dont know their problem we are ready to pay for nest but why they are forcing this when not upto mark. I was the person who always write in their support but now have to think. My long term big goals compromised badly if I lose my capital. Not even a mobile app was working. So sad.