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The brokerage of Espresso Sharekhan ranges between Rs 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Espresso Sharekhan and Nuvama Wealth are a discount brokers where AxisDirect is a full service broker. Overall rating for Espresso Sharekhan is 4, Nuvama Wealth is rated 3.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Espresso Sharekhan vs Nuvama Wealth vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Espresso Sharekhan vs Nuvama Wealth vs AxisDirect 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 Espresso Sharekhan vs Nuvama Wealth vs AxisDirect in this setion with 360 degree view of broker information.
 Espresso Sharekhan |
 Nuvama Wealth |
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. | 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... |
Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... |
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In this section we have compared Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opening, Nuvama Wealth charges Free for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Espresso Sharekhan charges Rs. 400 PA as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Rs. 354 (Free for limited time) | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs. 400 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and AxisDirect offers Multiple Plans where Espresso Sharekhan doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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| Espresso Sharekhan | Nuvama Wealth | Zerodha | |
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Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.
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.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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| Plan Name | Pay Only When You Profit | Nuvama Lite | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Free | Flat Rs. 10 per executed order | 0.50% (Each leg) |
| Equity Intraday | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each Leg) |
| Currency Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | 0.03% or Rs 20 whichever is lower | 0.01% | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NIL | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Info Not Available | Yes - 24% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | Rs. 50 + GST per order placed through dealing desk | Rs 20 per call | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs. 50 + GST per order placed through dealing desk | Rs 20 | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Espresso Sharekhan | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for AxisDirect |
Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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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 | 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 espresso-sharekhan | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for axisdirect |
Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where Espresso Sharekhan and Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth and AxisDirect offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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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 | 3:15PM | 2:45 PM |
| 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 Espresso Sharekhan vs Nuvama Wealth vs AxisDirect. 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.
| Espresso Sharekhan | Nuvama Wealth | AxisDirect | ||
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1 Customer Reviews
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4 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | Espresso Sharekhan is Rated 1.0 / 5 based on 1 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect 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 - Nuvama Wealth and AxisDirect offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Espresso Sharekhan and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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| Other Investment Options | SGB, Buyback, IPO | NIL | NIL |
Order Type - Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect 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) - Nuvama Wealth and AxisDirect provides Cover Orders (CO) facility where Espresso Sharekhan doesn't provides Cover Orders. Bracket Orders (BO) - Espresso Sharekhan provides Bracket Orders (BO) facility where Nuvama Wealth and AxisDirect 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 - Espresso Sharekhan and AxisDirect offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
| Order Type Compare | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect 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 | Espresso Sharekhan | Nuvama Wealth | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 6767 0700 | 1800 102 3335 | 022-61480808 |
| Account Opening Process | 100% online/paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.myespresso.com/the-espresso-blog | https://www.nuvamawealth.com/investology | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://www.myespresso.com/ | https://www.nuvamawealth.com/ | https://simplehai.axisdirect.in |
Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on research reports and tips provided by broker.
| Espresso Sharekhan | Nuvama Wealth | AxisDirect | |
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Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Espresso Sharekhan | Nuvama Wealth | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | CDSL-DP-45 | 19100 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | Free (₹1500 one time charges) | ₹500 pa |
| Advance Deposit | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) | NIL | Nil |
| Statutory charges | Actual Stamp Paper Charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹10 |
| Demat | ₹5 per certificate (Min 50 per request) | ₹2 per certificate + ₹30 courier charges | ₹3 per certificate |
| Remat | ₹50 per certificate or ₹50 for every hundred securities | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | 0.03% (Min ₹100) | 0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Creation Confirmation | NIL | Nil | ₹25 |
| Pledge Closure | NIL | 0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Closure Confirmation | NIL | Nil | ₹25 |
| Pledge Invocation | NIL | 0.02% of transaction value (Min ₹50) | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request |
Nil | Nil |
Compare Espresso Sharekhan vs Nuvama Wealth vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Espresso Sharekhan | Nuvama Wealth | AxisDirect | |
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| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Expresso Pay-out/Fund Withdrawal - 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 |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time | Max 24 hrs except for bank holidays | Upto 24 Hrs except Bank Holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Around 31 banks allow instant credit facility with charges of Rs 9 + GST | Info Not Available | NA |
| Bank Detail | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
Direct from your Axis bank account. | |
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| Special Offers/Promo | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | ||
| Enquire for Espresso Sharekhan | Enquire for Nuvama Wealth | Enquire for AxisDirect |
Last Updated on 2024-01-30T21:07:02+00:00
