FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Finvasia ranges between Rs 0, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, Nuvama Wealth is rated 3.5, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Finvasia vs Nuvama Wealth vs Alice Blue stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Finvasia vs Nuvama Wealth vs Alice Blue 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 Finvasia vs Nuvama Wealth vs Alice Blue in this setion with 360 degree view of broker information.
In this section we have compared Finvasia vs Nuvama Wealth vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Finvasia charges Free as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.
Charges | Finvasia | Nuvama Wealth | Alice Blue |
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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 | Free | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 400 PA |
Provide DP Service | ![]() |
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Plans are the most important feature you look when compare Finvasia vs Nuvama Wealth vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and Alice Blue offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Finvasia | Nuvama Wealth | Alice Blue |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Nuvama Wealth | Alice Blue | |
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Account Opening Request |
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.
Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.
Brokerage Charges Compare | Finvasia | Nuvama Wealth | Alice Blue |
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Plan Name | Zero Brokerage Trading Plan | Nuvama Lite | F15 Plan |
Equity Delivery | Rs 0 | Flat Rs. 10 per executed order | Free |
Equity Intraday | Rs 0 | Flat Rs. 10 per executed order | 0.05% or Rs 15 whichever is lower |
Equity Futures | Rs 0 | Flat Rs. 10 per executed order | 0.05% or Rs 15 whichever is lower |
Equity Options | Rs 0 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Currency Futures | Rs 0 | Flat Rs. 10 per executed order | 0.05% or Rs 15 whichever is lower |
Currency Options | Rs 0 | Flat Rs. 10 per executed order | Flat Fee Rs 15 |
Commodity Trading | Rs 0 | 0.01% | Flat Fee Rs 15 |
Minimum Brokerage | NA | NA | |
Hidden Charges | No | Info Not Available | |
Funding | Yes, 24% interest PA | Yes - 24% interest PA | Yes - 24% interest PA |
Call & Trade Charges | Free | Rs 20 per call | Rs 50 per order + GST |
Auto Square off Charges | Free | Rs 20 | Rs 50 per order + GST |
Brokerage Calculator | Brokerage Calculator for Finvasia | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Alice Blue |
Compare Finvasia vs Nuvama Wealth vs Alice Blue on transaction charges and PCM fee by segment.
Transaction Charges Compare | Finvasia | Nuvama Wealth | Alice Blue |
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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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for alice-blue |
Compare Finvasia vs Nuvama Wealth vs Alice Blue 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 - Nuvama Wealth offers margin funding where Finvasia and Alice Blue doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | Finvasia | Nuvama Wealth | Alice Blue |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15 PM | 3:15PM | 3:15 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 Finvasia vs Nuvama Wealth vs Alice Blue. 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 | Finvasia | Nuvama Wealth | Alice Blue |
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Desktop Trading Platform | OMNESYS NEST | Xtreme Trader | ANT - Analyse and Trade |
Desktop Demo | Info Not Available | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ![]() |
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Desktop Platform (Mac) | ![]() |
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Web Trading Platform | ![]() |
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Web Trading Detail |
https://trade.finvasia.com/ |
https://tlounge.edelweiss.in/Login |
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Web Trading Demo | Info Not Available | Info Not Available | Info Not Available |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | SCALPERT | Nuvama Mobile Trader | ANT Mobile |
Mobile Trading App Demo | SCALPERT Demo | Nuvama Mobile Trader Demo | ANT Mobile Demo |
Android Mobile App | ![]() |
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Android App Download | Andriod SCALPERT Download | Andriod Nuvama Mobile Trader Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | Info Not Available | iOS Nuvama Mobile Trader Download | iOS ANT Mobile Download |
Android Tablet App | ![]() |
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iPad App (IOS) | ![]() |
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Trading Software Charges | Basic platforms are free, advance platforms are chargeable. | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for Alice Blue |
Futures Brokerage Calculator | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for Alice Blue |
Options Brokerage Calculator | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for Alice Blue |
Detail | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for alice-blue |
Compare Finvasia vs Nuvama Wealth vs Alice Blue 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 Finvasia and Alice Blue doesn't offers PMS facility.
Investment Offerings Compare | Finvasia | Nuvama Wealth | Alice Blue |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Finvasia vs Nuvama Wealth vs Alice Blue 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) - Finvasia and Alice Blue 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 | Finvasia | Nuvama Wealth | Alice Blue |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare Finvasia vs Nuvama Wealth vs Alice Blue 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 | Finvasia | Nuvama Wealth | Alice Blue |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 1800 102 3335 | 08035215000/080-45490850 |
Account Opening Process | Online/Paperless | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected]/[email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://finvasia.com/announcements | https://www.nuvamawealth.com/investology | https://tradeschool.aliceblueonline.com/ |
Head Office Address | 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 |
Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063 |
Website | https://www.finvasia.com/ | https://www.nuvamawealth.com/ | https://www.aliceblueonline.com |
Compare Finvasia vs Nuvama Wealth vs Alice Blue on research reports and tips provided by broker.
Finvasia | Nuvama Wealth | Alice Blue | |
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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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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Finvasia vs Nuvama Wealth vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
Finvasia | Nuvama Wealth | Alice Blue | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 84300 | 19100 | 83500 |
Demat Account Annual Maintenance Charges(AMC) | Free | Free (₹1500 one time charges) | ₹400 pa |
Advance Deposit | Rs 0 | NIL | Rs 0 |
Statutory charges | Nil | Nil | Rs 150 Stamp Charges |
Transaction Charges on Debit (Per ISIN) | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.02% of transaction value or ₹20 per transaction whichever is higher | 0.04% of the value of the transaction |
Demat | ₹15 per certificate | ₹2 per certificate + ₹30 courier charges | ₹10 per certificate + ₹50 courier charges |
Remat | ₹15 for every hundred securities + CDSL Charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹30 per certificate + CDSL charges |
Pledge Creation | ₹25 per transaction | 0.02% of transaction value (Min ₹50) | ₹20 + CDSL charges |
Pledge Creation Confirmation | NIL | Nil | Nil |
Pledge Closure | ₹25 per transaction | 0.02% of transaction value (Min ₹50) | ₹20 + CDSL charges |
Pledge Closure Confirmation | NIL | Nil | Nil |
Pledge Invocation | ₹19 per transaction | 0.02% of transaction value (Min ₹50) | ₹20 + CDSL charges |
Failed Instruction Charges | ₹49 | Nil | Nil |
Other Charges | Nil | Nil | Nil |
Compare Finvasia vs Nuvama Wealth vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Finvasia | Nuvama Wealth | Alice Blue | |
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Pay In and Pay Out Options | 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 |
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application. Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Up to 24 hrs except for bank holidays. | Upto 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | Info Not Available | Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. |
Bank Detail | 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 |
Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232 |
Likes |
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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Dislikes |
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 Finvasia | Enquire for Nuvama Wealth | Enquire for Alice Blue |
Last Updated on 2023-09-05T02:25:49+00:00