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Angel One Vs Finvasia Vs Nuvama Wealth: Which one is better?

The brokerage of Angel One 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 Angel One is 4.5, Finvasia is rated 4, Nuvama Wealth is rated 3.5 out of 5.

Here we present side-by-side comparison of Angel One 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 Angel One 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 Angel One vs Finvasia vs Nuvama Wealth in this setion with 360 degree view of broker information.

Compare Angel One vs Finvasia vs Nuvama Wealth on Service

  Angel One Compare
Angel One
Finvasia Compare
Finvasia
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... Know more about Angel One 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...Know more about Finvasia 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... Know more about Nuvama Wealth
Broker Enquiry Request call back from Angel One Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Angel One vs Finvasia vs Nuvama Wealth on Trading & Demat Account Opening Charges

In this section we have compared Angel One 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 - Angel One charges Rs 240 PA (Waived for 1st year) 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.

Trading & Demat Account Opening Charges - Compare Angel One vs Finvasia vs Nuvama Wealth
Charges Angel One Finvasia Nuvama Wealth
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Waived for 1st year) Free Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Angel One vs Finvasia vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare Angel One vs Finvasia vs Nuvama Wealth. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Angel One and Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Angel One vs Finvasia vs Nuvama Wealth on Plan Options
Plan Types Angel One Finvasia Nuvama Wealth
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Angel One Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Angel One vs Finvasia vs Nuvama Wealthon Brokerage Charges

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.

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 Angel One vs Finvasia vs Nuvama Wealth
Brokerage Charges Compare Angel One Finvasia Nuvama Wealth
Plan Name Angel iTrade Prime Plan Zero Brokerage Trading Plan Nuvama Lite
Equity Delivery Free Rs 0 Flat Rs. 10 per executed order
Equity Intraday 0.03% or Rs 20 whichever is lower 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
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes, 24% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 20 per order Free Rs 20 per call
Auto Square off Charges Rs 20 per order Free Rs 20
Brokerage Calculator Brokerage Calculator for Angel One Brokerage Calculator for Finvasia Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Angel One vs Finvasia vs Nuvama Wealth on Transaction Charges

Compare Angel One vs Finvasia vs Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel One vs Finvasia vs Nuvama Wealth
Transaction Charges Compare Angel One Finvasia Nuvama Wealth
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 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 angel-one Complete Brokerage Plans for finvasia Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Angel One vs Finvasia vs Nuvama Wealth on Account Features

Compare Angel One 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 - Angel One and Nuvama Wealth offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Angel One vs Finvasia vs Nuvama Wealth
Account Features Compare Angel One Finvasia Nuvama Wealth
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:15PM
NRI Trading Yes Yes Yes
Other Features Trading software terminal: ODIN(Angel) diet NIL NIL
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Trading Platform

Compare Angel One vs Finvasia vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Angel One 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 Angel One vs Finvasia vs Nuvama Wealth
Trading Platform Compare Angel One Finvasia Nuvama Wealth
Desktop Trading Platform Angel One OMNESYS NEST Xtreme Trader
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.angelone.in/trade/

https://trade.finvasia.com/

https://tlounge.edelweiss.in/Login

Web Trading Demo Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Angel One Mobile App SCALPERT Nuvama Mobile Trader
Mobile Trading App Demo Angel One Mobile App Demo SCALPERT Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Angel One Mobile App Download Info Not Available iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Angel One Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for angel-one Detail on Trading Platforms for finvasia Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Angel One vs Finvasia vs Nuvama Wealth on User Rating

  Angel One Finvasia Nuvama Wealth
  74 Customer Reviews    Rate Angel One 17 Customer Reviews    Rate Finvasia 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Angel One is Rated 3.3 / 5 based on 74 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
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Investment Offerings

Compare Angel One vs Finvasia vs Nuvama Wealth on Investment Offerings

Compare Angel One 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) - Angel One and Nuvama Wealth offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare Angel One vs Finvasia vs Nuvama Wealth
Investment Offerings Compare Angel One Finvasia Nuvama Wealth
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment No No Yes
PMS Service Yes No Yes
Other Investment Options PMS NIL NIL
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Order Types

Compare Angel One vs Finvasia vs Nuvama Wealth on Order Types

Order Type - Compare Angel One 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) - Angel One 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 - Angel One offers Good Till Cancelled (GTC) orders facility where Finvasia and Nuvama Wealth doesn't provides GTC.

Order Types - Compare Angel One vs Finvasia vs Nuvama Wealth
Order Type Compare Angel One Finvasia Nuvama Wealth
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes No No
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Customer Service Offered

Compare Angel One vs Finvasia vs Nuvama Wealth on Customer Service

Compare Angel One 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 Support - Compare Angel One vs Finvasia vs Nuvama Wealth
Customer Service Compare Angel One Finvasia Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches Yes No Yes
Customer Care Number 1800 1020 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.angelone.in/knowledge-center https://finvasia.com/announcements https://www.nuvamawealth.com/investology
Head Office Address Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
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.angelone.in/ https://www.finvasia.com/ https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Angel One vs Finvasia vs Nuvama Wealth on Research Reports, Tips

Compare Angel One vs Finvasia vs Nuvama Wealth on research reports and tips provided by broker.

Research Reports - Compare Angel One vs Finvasia vs Nuvama Wealth
  Angel One Finvasia Nuvama Wealth
Research Mutual Funds Yes No Yes
Research Equity Reports Yes No Yes
Research ETF No No Yes
Daily Market Report Yes No Yes
Free Tips Yes No Yes
Quarterly Result Analysis Yes No Yes
News Alerts Yes No Yes
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Demat Account

Compare Angel One vs Finvasia vs Nuvama Wealth on Demat Account

Compare Angel One vs Finvasia vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Angel One vs Finvasia vs Nuvama Wealth
  Angel One Finvasia Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 33200 84300 19100
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Free Free (₹1500 one time charges)
Advance Deposit NIL Rs 0 NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹50 per certificate ₹15 per certificate ₹2 per certificate + ₹30 courier charges
Remat ₹50 + CDSL Charges ₹15 for every hundred securities + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹25 per transaction ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation NIL NIL Nil
Pledge Closure ₹25 per transaction ₹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
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Special Offers,Advantages,Disadvantages

Compare Angel One vs Finvasia vs Nuvama Wealth on Special Offers and Promotion

Compare Angel One vs Finvasia vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Angel One vs Finvasia vs Nuvama Wealth on Special Offers and Promotion
  Angel One Finvasia Nuvama Wealth
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
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 Upto 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+ bank are prefered parter with Angel Broking. Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. NA
Bank Detail Info Not Available 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
Likes
  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

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;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

Detail Review...

Dislikes
  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer. Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2024-02-05T21:57:20+00:00