Top Stock Advisory
Bezel Stock Brokers vs. Finvasia
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Bezel Stock Brokers and Finvasia. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Bezel Stock Brokers and Finvasia.
Overview
Bezel Stock Brokers is private company and Finvasia is public company. Bezel Stock Brokers operates as a full service Broker, while Finvasia functions as a discount broker. ANGAD SINGH BHATIA co-founded Bezel Stock Brokers in 1998. And Finvasia was founded in the year 2013 by Tajinder Pal Singh and Sarvjeet Singh. Bezel Stock Brokers's headquarters are in New Delhi and Finvasia's headquarters are in Chandigarh.
Bezel Stock Brokers operates as a full service Broker, while Finvasia functions as a discount broker. Bezel Stock Brokers is registered in NA, while Finvasia is registered in BSE, NSE, MCX. The total branches of Bezel Stock Brokers are Nil and the Finvasia branches are 1.
| Overview | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Broker Type | Full Service Broker | Discount Broker |
| Type of company | Private | Public |
| Headquarter | New Delhi | Chandigarh |
| Founders | ANGAD SINGH BHATIA | Tajinder Pal Singh and Sarvjeet Singh |
| Foundation Year | 1998 | 2013 |
| Supported Exchanges | NA | BSE, NSE, MCX |
| Total branches | Nil | 1 |
Bezel Stock Brokers and Finvasia Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Bezel Stock Brokers charging Rs.400 and Finvasia charging Zero.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Bezel Stock Brokers Demat account is Free and for the Finvasia Demat account is Zero. The Trading AMC for Bezel Stock Brokers and Finvasia is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Bezel Stock Brokers and Finvasia is CDSL.
| Account Opening and Demat Charges | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Trading Account Opening Charges | Rs.400 | Zero |
| Demat AMC (Annual Maintenance Charges) | Free | Zero |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Zero Margin | Zero |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Bezel Stock Brokers and Finvasia Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Bezel Stock Brokers is 0.20%, while Finvasia charges you 0.00%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Bezel Stock Brokers is 0.02% and for Finvasia also, it is 0.00%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Bezel Stock Brokers charge 0.02% and Finvasia charge 0.00% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Bezel Stock Brokers charges Rs.20 per lot, and Finvasia charges 0.05%.
| Equity Brokerage Charges | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Equity Delivery Brokerage | 0.20% | 0.00% |
| Equity Intraday Brokerage | 0.02% | 0.00% |
| Equity Futures Brokerage | 0.02% | 0.00% |
| Equity Options Brokerage | Rs.20 per lot | 0.05% |
Bezel Stock Brokers and Finvasia Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Bezel Stock Brokers is 0.02% and for Finvasia is 0.00%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Bezel Stock Brokers charges Rs.10 per Lot for currency options, whereas Bezel Stock Brokers charges 0.04%.
| Currency Brokerage Charges | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Currency Futures Brokerage | 0.02% | 0.00% |
| Currency Options Brokerage | Rs.10 per Lot | 0.04% |
Bezel Stock Brokers and Finvasia Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Bezel Stock Brokers charges NA for commodity trading, while Finvasia charges 0.00%.
| Commodity Brokerage Charges | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Commodity Options Brokerage | NA | 0.00% |
Bezel Stock Brokers and Finvasia Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Bezel Stock Brokers levies a minimum brokerage fee of Percentage of Transaction, while Finvasia charges Zero brokerage fee.
Transaction Brokerage Charges: Bezel Stock Brokers levies a transaction brokerage charge of 0.00315%, while Finvasia charges 0.00325%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Bezel Stock Brokers is 0.0002% of Total Turnover and for Bezel Stock Brokers is 0.00015% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Bezel Stock Brokers are 0.0126% of Total Turnover, while for Finvasia, they are 0.025% of selling value.
Call and Trade Charges: This charge varies for different brokers. Bezel Stock Brokers charges NA and Finvasia charges Rs 0.
| Other Brokerage Charges | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Zero | Transaction Brokerage Charges | 0.00315% | 0.00325% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.00015% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.025% of selling value | Call and Trade Charges | NA | Rs 0 |
Bezel Stock Brokers and Finvasia Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Bezel Stock Brokers is up to Upto 2x and by Finvasia it is up to NA.
Equity Intraday: Leverage for equity intraday by Bezel Stock Brokers is up to Upto 6x and by Finvasia it is up to Upto 10x.
Equity Futures: Leverage for Equity Futures by Bezel Stock Brokers is up to Upto 3x and by Finvasia it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Bezel Stock Brokers is up to Upto 2x and by Finvasia also, it is up to NA.
| Equity Leverage | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Equity Delivery | Upto 2x | NA | Equity Intraday | Upto 6x | Upto 10x | Equity Futures | Upto 3x | Upto 2x | Equity Options | Upto 2x | NA |
Bezel Stock Brokers and Finvasia Currency Leverage
The currency futures leverage provided by Bezel Stock Brokers is up to Upto 2x, while for Finvasia it is up to NA.
The currency options leverage provided by Bezel Stock Brokers is up to Upto 3x, while for Finvasia it is up to NA.
| Currency Leverage | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Currency Futures | Upto 2x | NA | Currency Options | Upto 3x | NA |
Bezel Stock Brokers and Finvasia Commodity Leverage
The commodity leverage provided by Bezel Stock Brokers is up to Upto 3x, while for Finvasia it is up to Upto 2 times.
| Commodity Leverage | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Commodity | Upto 3x | Upto 2 times |
Bezel Stock Brokers and Finvasia Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | Yes | Flexible Plans | No | No | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | Yes | No | Holiday Offers | No | No | Referral Program | No | No | Zero Brokerage on Loss Trades | No | No |
Bezel Stock Brokers and Finvasia Features
Equity Trading: Bezel Stock Brokers and Finvasia brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Bezel Stock Brokers and Finvasia also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Bezel Stock Brokers and Finvasia broker is that you can also invest in IPOs. Bezel Stock Brokers also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Bezel Stock Brokers offers trading exposure of up to Upto 6x, while Finvasia gives up to Upto 10x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Bezel Stock Brokers and Finvasia, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Bezel Stock Brokers and Finvasia also allow you to trade in forex trading.
| Features | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | No | Yes | Stocks Suggestions | No | No | Robo Advisory | No | Yes | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | No | Trading Exposure | Upto 6x | Upto 10x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | No | Yes |
Bezel Stock Brokers and Finvasia Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Bezel Stock Brokers and Finvasia offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | No | Yes |
| Company Reports | No | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | No |
| IPO Reports | No | No |
| Top Picks | Yes | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | No |
| Relationship Manager | Yes | No |
Bezel Stock Brokers and Finvasia Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Bezel Stock Brokers and Finvasia offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | No | Yes |
Bezel Stock Brokers and Finvasia Mobile Trading Platforms
Bezel Stock Brokers and Finvasia offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Mobile Browser | No | No |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Bezel Stock Brokers and Finvasia Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Bezel Stock Brokers and Finvasia give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Bezel Stock Brokers | Finvasia |
|---|---|---|
| Relationship Manager | No | No |
| Offline Trading | Yes | No |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 5 | 0 |
Bezel Stock Brokers and Finvasia Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Bezel Stock Brokers and Finvasia registered and resolved complaints.
For Bezel Stock Brokers, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Finvasia, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 82.80 %.
We can say that Bezel Stock Brokers is better than Finvasia in case of resolving customer complaints.
| BSE Complaints | Bezel Stock Brokers | Finvasia |
|---|---|---|
| BSE Complaints | 0 | 0 |
| BSE Resolved Complaints | 0 | 0 |
| Percentage of resolved BSE complaints | NaN % | NaN % |
| NSE Complaints | 15 | 93 |
| NSE Resolved Complaints | 15 | 77 |
| Percentage of resolved NSE complaints | 100.00 % | 82.80 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | NaN % |
Frequently Asked Questions
Is Bezel Stock Brokers better than Finvasia?
Bezel Stock Brokers is a full service broker and Finvasia is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Finvasia better than Bezel Stock Brokers?
Finvasia is a discount broker and Bezel Stock Brokers is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Bezel Stock Brokers and Finvasia?
Being a full-service broker, Bezel Stock Brokers tends to have higher brokerage charges, while Finvasia, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Bezel Stock Brokers and Finvasia?
To figure out which of the two stockbrokers, Bezel Stock Brokers and Finvasia, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Bezel Stock Brokers with other stock brokers
Visit the following pages to see a detailed comparision report of Bezel Stock Brokers with other brokerage firms.
Compare Finvasia with other stock brokers
Visit the following pages to see a detailed comparision report of Finvasia with other brokerage firms.