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Nuvama Wealth Vs SBICAP Securities Vs Espresso Sharekhan: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Espresso Sharekhan ranges between Rs 20. The broker Nuvama Wealth and Espresso Sharekhan are discount brokers where SBICAP Securities is a full service broker. Overall rating for Nuvama Wealth is 3.5, SBICAP Securities is rated 4, Espresso Sharekhan is rated 4 out of 5.

Here we present side-by-side comparison of Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan 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 Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan in this setion with 360 degree view of broker information.

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Service

  Nuvama Wealth Compare
Nuvama Wealth
SBICAP Securities Compare
SBICAP Securities
Espresso Sharekhan Compare
Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE BSE, NSE, MCX
Broker Overview 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 Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP Securities 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.
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth charges Free for account opening, SBICAP Securities charges Rs 850 for account opeing, and Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Charges Nuvama Wealth SBICAP Securities Espresso Sharekhan
Trading Account Opening Fees Free Rs 850 Rs. 354 (Free for limited time)
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs 500 PA Rs. 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Plan Options

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

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Plan Options
Plan Types Nuvama Wealth SBICAP Securities Espresso Sharekhan
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Espresso Sharekhan Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhanon Brokerage Charges

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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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.

Brokerage Charges - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Brokerage Charges Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
Plan Name Nuvama Lite Standard or default brokerage plan Pay Only When You Profit
Equity Delivery Flat Rs. 10 per executed order 0.50% Free
Equity Intraday Flat Rs. 10 per executed order 0.05% 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs. 10 per executed order 0.05% 0.03% or Rs 20 whichever is lower
Equity Options Flat Rs. 10 per executed order Rs 100 Per Lot Flat Fee Rs 20
Currency Futures Flat Rs. 10 per executed order 0.03% 0.03% or Rs 20 whichever is lower
Currency Options Flat Rs. 10 per executed order Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading 0.01% Rs. 100 per lot 0.03% or Rs 20 whichever is lower
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges Rs 20 First Free 30 per month, after Rs 10 per square-off Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for SBICAP Securities Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Transaction Charges

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Transaction Charges Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Account Features

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Nuvama Wealth and Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth and Espresso Sharekhan offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Nuvama Wealth and SBICAP Securities offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Account Features Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
3 in 1 Account No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. Yes, Nuvama Wealth have 3-in-1 accounts. Bank Account, Demat and Trading account. No Espresso Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No Yes
Combined Ledger for Equity and Commodity No No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan. 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 Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Trading Platform Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

https://login1.sbismart.com/nidp/app/login

https://trade.myespresso.com/trading/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader SBISMART Espresso Mobile App
Mobile Trading App Demo Nuvama Mobile Trader Demo SBISMART Demo Espresso Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod SBISMART Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS SBISMART Download iOS Espresso Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on User Rating

  Nuvama Wealth SBICAP Securities Espresso Sharekhan
  20 Customer Reviews    Rate Nuvama Wealth 78 Customer Reviews    Rate SBICAP Securities 20 Customer Reviews    Rate Espresso Sharekhan
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Investment Offerings

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan 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 - Nuvama Wealth and Espresso Sharekhan offers Commodity Trading where SBICAP Securities doesn't offers Commodity Trading. Online Mutual Fund Investment - Nuvama Wealth and SBICAP Securities offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where SBICAP Securities and Espresso Sharekhan doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Investment Offerings Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes No Yes
Online IPO Application No Yes Yes
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes Yes No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes No No
PMS Service Yes No No
Other Investment Options NIL NIL SGB, Buyback, IPO
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Order Types

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Order Types

Order Type - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan 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 doesn't have Cover Orders (CO) facility. Bracket Orders (BO) - All 3 brokers doesn't have Bracket Orders (BO) facility. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - SBICAP Securities and Espresso Sharekhan offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.

Order Types - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Order Type Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
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Customer Service Offered

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Customer Service

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan 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 Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
Customer Service Compare Nuvama Wealth SBICAP Securities Espresso Sharekhan
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes No
Customer Care Number 1800 102 3335 022 6854 5555 022 6767 0700
Account Opening Process Online/Paperless Offline 100% online/paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://www.sbismart.com/education https://www.myespresso.com/the-espresso-blog
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Website https://www.nuvamawealth.com/ https://www.sbismart.com https://www.myespresso.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Research Reports, Tips

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
  Nuvama Wealth SBICAP Securities Espresso Sharekhan
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Demat Account

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan
  Nuvama Wealth SBICAP Securities Espresso Sharekhan
DP Source CDSL CDSL CDSL
DP ID 32300 47200 36000
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹500 ₹400 pa
Advance Deposit NIL 0 for all Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Nil Nil Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹2 per certificate + ₹30 courier charges ₹5 per certificate + ₹35 courier charges ₹5 per certificate (Min 50 per request)
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹35 per certificate + CDSL Charges ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.02% of transaction value (Min ₹50) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% (Min ₹100)
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges NIL
Pledge Closure 0.02% of transaction value (Min ₹50) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges NIL
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges NIL
Pledge Invocation 0.02% of transaction value (Min ₹50) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges NIL
Failed Instruction Charges Nil ₹10 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Special Offers and Promotion

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Nuvama Wealth vs SBICAP Securities vs Espresso Sharekhan on Special Offers and Promotion
  Nuvama Wealth SBICAP Securities Espresso Sharekhan
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 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...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • No brokerage on losses.
  • Pay Max Rs. 20 per order brokerage charges across segments.
  • Zero brokerage on cash N carry (CNC) orders (delivery).
  • Zero Demat AMC charges for 1st Year
  • Hassle-free fund transfer via UPI and net banking.
  • Apply for buyback, NFO, and OFS at Rs. 20 per order + GST.
  • Pre-IPO apply feature to apply for IPO.
  • Free mobile app and Binge trading software for active traders.
  • Integrated watchlists, free scanners, quick order placement, and split order functionality.
  • Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank.
  • EspressoLogy and Learning center to learn about the stock market.
  • Place bracket order (BO) and after-market order.
  • Free GTD (Good Till Date) order
  • Margin trading facility.
  • No hidden charges.

Detail Review...

Dislikes
  • 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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • Espresso Sharekhan does not offer mutual funds.
  • You cannot open an integrated 3-in-1 account.
  • It does not provide 24*7 customer support.
  • NRI cannot open an account with Espresso Sharekhan.
  • Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.

Detail Review...

Special Offers/Promo
Enquire for Nuvama Wealth Enquire for SBICAP Securities Enquire for Espresso Sharekhan

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