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The brokerage of 5paisa ranges between Rs 20, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Nuvama Wealth ranges between Rs 10. All 3 brokers are discount brokers. Overall rating for 5paisa is 4, Finvasia is rated 4, Nuvama Wealth is rated 3.5 out of 5.
Here we present side-by-side comparison of 5paisa vs Finvasia vs Nuvama Wealth stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared 5paisa vs Finvasia vs Nuvama Wealth on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better 5paisa vs Finvasia vs Nuvama Wealth in this setion with 360 degree view of broker information.
 5paisa |
 Finvasia |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX |
| Broker Overview | 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...  |
Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... |
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In this section we have compared 5paisa vs Finvasia vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
| Charges | 5paisa | Finvasia | Nuvama Wealth |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 PA | Free | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
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Plans are the most important feature you look when compare 5paisa vs Finvasia vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - 5paisa and Nuvama Wealth offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | 5paisa | Finvasia | Nuvama Wealth |
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| 5paisa | Zerodha | Nuvama Wealth | |
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5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
| Brokerage Charges Compare | 5paisa | Finvasia | Nuvama Wealth |
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| Plan Name | Basic Plan | Zero Brokerage Trading Plan | Nuvama Lite |
| Equity Delivery | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Equity Intraday | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Equity Futures | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Equity Options | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Currency Futures | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Currency Options | Flat Fee Rs 20 | Rs 0 | Flat Rs. 10 per executed order |
| Commodity Trading | Flat Fee Rs 20 | Rs 0 | 0.01% |
| Minimum Brokerage | NA | NA | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes, 24% interest PA | Yes - 24% interest PA |
| Call & Trade Charges | Rs 100 per call(No limit of orders) | Free | Rs 20 per call |
| Auto Square off Charges | Rs 100 per call(No limit of orders) | Free | Rs 20 |
| Brokerage Calculator | Brokerage Calculator for 5paisa | Brokerage Calculator for Finvasia | Brokerage Calculator for Nuvama Wealth |
Compare 5paisa vs Finvasia vs Nuvama Wealth on transaction charges and PCM fee by segment.
| Transaction Charges Compare | 5paisa | Finvasia | Nuvama Wealth |
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| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Rs 260 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for 5paisa | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for nuvama-wealth |
Compare 5paisa vs Finvasia vs Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - 5paisa and Nuvama Wealth offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia and Nuvama Wealth offers NRI Trading where 5paisa doesn't offers NRI Trading.
| Account Features Compare | 5paisa | Finvasia | Nuvama Wealth |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15 PM | 3:15 PM | 3:15PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w 5paisa vs Finvasia vs Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| Trading Platform Compare | 5paisa | Finvasia | Nuvama Wealth |
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| Desktop Trading Platform | 5paisaTradeStation | OMNESYS NEST | Xtreme Trader |
| Desktop Demo | Desktop Demo | Info Not Available | Desktop Demo |
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| Web Trading Platform | |
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https://www.5paisa.com/online-trading |
https://trade.finvasia.com/ |
https://tlounge.edelweiss.in/Login |
| Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
| Mobile Site | |
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| Mobile Trading App | 5paisa Mobile App | SCALPERT | Nuvama Mobile Trader |
| Mobile Trading App Demo | 5paisa Mobile App Demo | SCALPERT Demo | Nuvama Mobile Trader Demo |
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| Android App Download | Andriod 5paisa Mobile App Download | Andriod SCALPERT Download | Andriod Download |
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| iOS App Download | iOS 5paisa Mobile App Download | Info Not Available | iOS Nuvama Mobile Trader Download |
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| Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for 5paisa | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth |
| Futures Brokerage Calculator | Futures Brokerage Calculator for 5paisa | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Nuvama Wealth |
| Options Brokerage Calculator | Options Brokerage Calculator for 5paisa | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Nuvama Wealth |
| Detail | Detail on Trading Platforms for 5paisa | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for nuvama-wealth |
| 5paisa | Finvasia | Nuvama Wealth | ||
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27 Customer Reviews
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17 Customer Reviews
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4 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | 5paisa is Rated 3.2 / 5 based on 27 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews |
Compare 5paisa vs Finvasia vs Nuvama Wealth on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where 5paisa and Finvasia doesn't offers PMS facility.
| Investment Offerings Compare | 5paisa | Finvasia | Nuvama Wealth |
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| Equity Cash and F&O | |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare 5paisa vs Finvasia vs Nuvama Wealth on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa and Finvasia provides Bracket Orders (BO) facility where Nuvama Wealth doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - All 3 brokers doesn't have GTC facility.
| Order Type Compare | 5paisa | Finvasia | Nuvama Wealth |
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Compare 5paisa vs Finvasia vs Nuvama Wealth on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | 5paisa | Finvasia | Nuvama Wealth |
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| 24/7 Customer Service | |
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| Customer Care Number | +91 89766 89766 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 1800 102 3335 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://www.5paisa.com/knowledge-centre | https://finvasia.com/announcements | https://www.nuvamawealth.com/investology |
| Head Office Address | 5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
| Website | https://www.5paisa.com/ | https://www.finvasia.com/ | https://www.nuvamawealth.com/ |
Compare 5paisa vs Finvasia vs Nuvama Wealth on research reports and tips provided by broker.
| 5paisa | Finvasia | Nuvama Wealth | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare 5paisa vs Finvasia vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details
| 5paisa | Finvasia | Nuvama Wealth | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 82500 | 84300 | 19100 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free | Free (₹1500 one time charges) |
| Advance Deposit | NIL | Rs 0 | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹12.50 per ISIN | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.02% of transaction value or ₹20 per transaction whichever is higher |
| Demat | ₹15 per certificate | ₹15 per certificate | ₹2 per certificate + ₹30 courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate whichever is higher | ₹15 for every hundred securities + CDSL Charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges |
| Pledge Creation | ₹12.50 per script | ₹25 per transaction | 0.02% of transaction value (Min ₹50) |
| Pledge Creation Confirmation | NIL | NIL | Nil |
| Pledge Closure | ₹12.50 per script | ₹25 per transaction | 0.02% of transaction value (Min ₹50) |
| Pledge Closure Confirmation | NIL | NIL | Nil |
| Pledge Invocation | NIL | ₹19 per transaction | 0.02% of transaction value (Min ₹50) |
| Failed Instruction Charges | Nil | ₹49 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare 5paisa vs Finvasia vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| 5paisa | Finvasia | Nuvama Wealth | |
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| Pay In and Pay Out Options | Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office. Pay-out/Fund Withdrawal - Bank Transfer only |
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Max 24 hrs except bank holidays | Up to 24 hrs except for bank holidays. | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges | Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | NA |
| Bank Detail | 5paisa, Account Number:5PAISA Bank and Branch: Yes Bank, CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | ||
| Enquire for 5paisa | Enquire for Finvasia | Enquire for Nuvama Wealth |
Last Updated on 2024-01-11T04:15:59+00:00
