Finvasia is an emerging global financial services company that has a diversified business model with services ranging from asset management, investment banking, capital market advisory, currency hedging to brokerage services in commodities, equities and derivatives. The company advises clients on investments in fourteen countries, ranging from Australia to Brazil and everything in between. Finvasia acts as a one-stop shop for Foreign Portfolio Investors (FPI) who seek to make investments in the Indian markets. The company also offers advice to Indian investors who plan to diversify their investments across borders and asset class.

1. Difference Between Discount Brokerages and
Full Time Brokerages
• Full-Time brokerages offer everything from stocks and bonds to annuities and
insurance. Since their brokers profit largely from commissions, they're sometimes
motivated to encourage a lot of buying and selling that isn't in your best interest.
• Discount brokerages have traditionally offered a narrower range of services, but
they've been adding significantly to this range in recent years. Today, many
discounters offer mutual funds, banking services (such as checking accounts), IRAs,
mortgages, stock research, and more.
Honest Brokerages
Finvasia is the first honest broker in India. Through honest pricing we aim to provide
investors an environment where they truly make money.
www.finvasia.com

2. Learn the Hidden Truth About Discount Brokers
Some Discount Brokers Complicate Your Contract
Notes While Some Simply Lie !
www.finvasia.com

3. Discount Brokers are NOT a result of
Broker Competition
1. We all know that stock brokers have gone through a tough period over last
few years. As a result a new breed of brokers emerged the so-called
“Discount Brokers”
2. While its a very noble concept and exercised in various developed
countries, but given the complicated tax structure in India, accompanied
with multiple cost headers of Exchange, SEBI, State Taxes

4. Ignorance is Expensive
• Discount brokers are ripping off thousands of their clients, most of
them average middle class people
• They don’t just charge them buy and sell commissions. They skim
client account with “other″ charges, turnover charges, trade and call
charges, software charges, minimum volume commitment charges,
and the most bizarre of all ’rounding charges’.

5. STT and CTT
STT and CTT should ONLY be levied on total Selling volume.
Some Brokers can charge you CTT and STT on both Buying
and Selling.

6. Software Charges
Software charges, or Software Maintenance charges are the
same thing ! Discount brokers can charge you for software
usage “Per-Segment per Month”.
www.finvasia.com

7. Transaction Charges is another head where Brokers can hide the brokerage. Check you
contract note carefully or call our client service team to explain you your contract note in
details.

8. Some Well Known Discount Brokers Over Charge You by as
Much as Rs 300 per Crore in “Other Charges”

9. Offline Trading
On top of Brokerage, you might also be paying “nuisance charges” in
the form of offline trading charges, call-to-trade charges. If you are
regularly calling your broker to trade for you, these charges can
quickly add up.

10. STAMP DUTY
Stamp Duty can vary from Rs 10 to Rs 5000 per crore. At
Finvasia, we charge only Rs 10 per day, irrespective of your
volume. Image the Impact it can have on your trading !

11. Learn to Separate Fact from Fiction
1. Finvasia is an emerging global financial services company that has a
diversified business model with services ranging from asset management,
investment banking, capital market advisory, currency hedging to brokerage
services in commodities, equities and derivatives.
2. If you do an internet search on broker scams, you’ll come across all sorts of
forum posts, articles and comments from disgruntled traders who blame
the broker for their failure. So while researching you must learn to separate
fact from fiction.
3. This can occur when a broker attempts to rack up trading commissions at
the client’s expense. So, PAY ATTENTION!

12. INDIA Address:
Plot #10, Netsmartz House (Level 3),
Rajiv Gandhi Chd Tech Park,
Chandigarh, 160101
Email: contactus@finvasia.com
Tel: +91 172 667 0000
www.finvasia.com
CANADA Address:
1332 Khalsa Dr,
Mississauga, Ontario L5S 0A2
Email: contactus@finvasia.com
Tel:+1 917 KPDN INC
CONTACT DETAILS
Finvasia Securities Private Limited:
NSE Member Code: 14846, NSE (Cash): INB231484636, NSE (F&O): INF231484636,
NSE (CD) INE231484636
Finvasia India Private Limited*:
MCX Member ID: 55135, FMC Unique Membership Code: MCX/TCM/CORP/1244
Finvasia Financial Services Private Limited:
Securities and Exchange Commission of America Firm CRD#: 152771 (SEC USA,
registered since 2009)
KPDN Inc*: Foreign Institutional Investor (FII): INCAFD256911