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Finvasia Vs SAS Online Vs Nuvama Wealth: Which one is better?

The brokerage of Finvasia ranges between Rs 0, the brokerage of SAS Online ranges between Rs 9/order or 999 PM, while the brokerage of Nuvama Wealth ranges between Rs 10. All 3 brokers are discount brokers. Overall rating for Finvasia is 4, SAS Online is rated 4, Nuvama Wealth is rated 3.5 out of 5.

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

Compare Finvasia vs SAS Online vs Nuvama Wealth on Service

  Finvasia Compare
Finvasia
SAS Online Compare
SAS Online
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 NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Broker Overview 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 SAS Online is one of the popular discount brokers in India with the best pricing plans at flat Rs. 9/order or Rs. 999 unlimited monthly trading plan, and powerful Alpha trading platform with technical charting. 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 Zerodha Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Finvasia vs SAS Online vs Nuvama Wealth on Trading & Demat Account Opening Charges

In this section we have compared Finvasia vs SAS Online vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia and Nuvama Wealth offer Free account opening where SAS Online charges Equity: Rs 200 and Commodity: Rs 200 for account opeing. Demat AMC charges - Finvasia charges Free as AMC for Demat account, SAS Online charges Rs 200 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 Finvasia vs SAS Online vs Nuvama Wealth
Charges Finvasia SAS Online Nuvama Wealth
Trading Account Opening Fees Free Equity: Rs 200 and Commodity: Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Free Rs 200 Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Finvasia vs SAS Online vs Nuvama Wealth on Plan Options

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

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

Account Opening

  Zerodha Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Finvasia vs SAS Online vs Nuvama Wealthon Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

SAS Online Brokerage Plan detail - Rs 9 Per executable plan is good for all types of investors. For Equity intraday 0.01% or Rs 9 whichever is lower and for delivery 0.1% or Rs 9 whichever is lower.

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 Finvasia vs SAS Online vs Nuvama Wealth
Brokerage Charges Compare Finvasia SAS Online Nuvama Wealth
Plan Name Zero Brokerage Trading Plan Max Rs 9 Per Order Trading Plan Nuvama Lite
Equity Delivery Rs 0 0.1% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Intraday Rs 0 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Futures Rs 0 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Equity Options Rs 0 Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Futures Rs 0 0.01% or Rs 9 whichever is lower Flat Rs. 10 per executed order
Currency Options Rs 0 Flat Fee Rs 9 Flat Rs. 10 per executed order
Commodity Trading Rs 0 Flat Fee Rs 9 0.01%
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes, 24% interest PA Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Free Rs 20 per executed Order Rs 20 per call
Auto Square off Charges Free Rs 20 per executed Order Rs 20
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for SAS Online Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Finvasia vs SAS Online vs Nuvama Wealth on Transaction Charges

Compare Finvasia vs SAS Online vs Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Finvasia vs SAS Online vs Nuvama Wealth
Transaction Charges Compare Finvasia SAS Online 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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for sasonline Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Finvasia vs SAS Online vs Nuvama Wealth on Account Features

Compare Finvasia vs SAS Online 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 - Nuvama Wealth offers margin funding where Finvasia and SAS Online doesn't offers margin funding. NRI Trading - Finvasia and Nuvama Wealth offers NRI Trading where SAS Online doesn't offers NRI Trading.

Account Features - Finvasia vs SAS Online vs Nuvama Wealth
Account Features Compare Finvasia SAS Online Nuvama Wealth
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia 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 No No Yes
Online Demo Yes Yes Yes
Online Portfolio Yes No Yes
Margin Trading Funding Available No No Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15 PM 3:15PM 3:15PM
NRI Trading Yes No Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Finvasia vs SAS Online vs Nuvama Wealthon Trading Platform

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

https://trade.finvasia.com/

https://alpha.sasonline.in/

https://tlounge.edelweiss.in/Login

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App SCALPERT Alpha Mobile Nuvama Mobile Trader
Mobile Trading App Demo SCALPERT Demo Alpha Mobile Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod SCALPERT Download Andriod Alpha Mobile Download Andriod Download
iPhone Mobile App (IOS) No Yes Yes
iOS App Download Info Not Available iOS Alpha Mobile Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) No Yes Yes
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 SAS Online Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for SAS Online Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for SAS Online Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for sasonline Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Finvasia vs SAS Online vs Nuvama Wealth on User Rating

  Finvasia SAS Online Nuvama Wealth
  17 Customer Reviews    Rate Finvasia 13 Customer Reviews    Rate SAS Online 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews SAS Online is Rated 4.5 / 5 based on 13 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Finvasia vs SAS Online vs Nuvama Wealth on Investment Offerings

Compare Finvasia vs SAS Online 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 Finvasia and SAS Online doesn't offers PMS facility.

Investment Offerings - Compare Finvasia vs SAS Online vs Nuvama Wealth
Investment Offerings Compare Finvasia SAS Online Nuvama Wealth
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No No
Mutual Funds Yes Yes Yes
Bond / NCD Yes No 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 No No Yes
Other Investment Options NIL NIL NIL
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Order Types

Compare Finvasia vs SAS Online vs Nuvama Wealth on Order Types

Order Type - Compare Finvasia vs SAS Online 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) - Finvasia and SAS Online 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 Types - Compare Finvasia vs SAS Online vs Nuvama Wealth
Order Type Compare Finvasia SAS Online 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 No No No
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Customer Service Offered

Compare Finvasia vs SAS Online vs Nuvama Wealth on Customer Service

Compare Finvasia vs SAS Online 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 Finvasia vs SAS Online vs Nuvama Wealth
Customer Service Compare Finvasia SAS Online Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number No No Yes
Through Branches No No Yes
Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 011- 4040 99 00 1800 102 3335
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected]/[email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://finvasia.com/announcements https://www.sasonline.in/market-pulse https://www.nuvamawealth.com/investology
Head Office Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
SAS Online,
3rd Floor,Building No. 5,
Local Shopping Complex, Rishabh Vihar
East Delhi - 110092
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.finvasia.com/ https://sasonline.in https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Finvasia vs SAS Online vs Nuvama Wealth on Research Reports, Tips

Compare Finvasia vs SAS Online vs Nuvama Wealth on research reports and tips provided by broker.

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

Compare Finvasia vs SAS Online vs Nuvama Wealth on Demat Account

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

Demat Charges - Compare Finvasia vs SAS Online vs Nuvama Wealth
  Finvasia SAS Online Nuvama Wealth
DP Source CDSL NSDL CDSL
DP ID 84300 IN-DP-474- 19100
Demat Account Annual Maintenance Charges(AMC) Free ₹200 Free (₹1500 one time charges)
Advance Deposit Rs 0 Nil NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹9 + NSDL Charges 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹15 per certificate ₹2 per certificate + ₹35 courier charges ₹2 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities + CDSL Charges 0.05% of transaction value or ₹25 whichever is higher + CDSL charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹25 per transaction ₹15 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction Nil 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation ₹19 per transaction ₹50 per instraction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹49 ₹30 Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs SAS Online vs Nuvama Wealth on Special Offers and Promotion

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

Compare Finvasia vs SAS Online vs Nuvama Wealth on Special Offers and Promotion
  Finvasia SAS Online Nuvama Wealth
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, Netbanking/Payment Gateway from ALPHA Web, Mobile App or Desktop Platform.
Pay-out/Fund Withdrawal - Primary 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 Up to 24 hrs except for bank holidays. Up to 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. Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alpha Platform. NA
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
South Asian Stocks Ltd.,
Account Number:SASONL37242
Bank and Branch: G-3-4, Suryakiran Building, 19 , Kasturba Gandhi Marg, New Delhi-110001
Account Type: Current Account
IFSC Code:HDFC0000003
Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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;

  • 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...

  • Trading in stocks, derivatives, currency, and commodities.
  • Instant paperless account opening.
  • No prior commitments at Rs. 0 hidden fees.
  • Lowest Demat AMC.
  • Cheapest brokerage at just Rs. 9/order.
  • Monthly zero brokerage unlimited trading plan.
  • Apply for IPOs online using UPI.
  • ALPHA (web, app, and desktop) with technical charts and rich technical indicators.
  • Alpha Report Back Office portal to get comprehensive reports (P&L, contract note, trade, etc.)
  • Free API Bridge for algo trading.
  • Execute cover orders, bracket orders, and aftermarket orders.
  • Online brokerage calculator.
  • Get the latest news & updates on the Market Pulse.

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

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...

  • No 3-in-1 account offering.
  • Direct mutual funds are not available.
  • Good Till Date (GTD) order is not offered.
  • NRI cannot open account at SAS Online.
  • No trading tips and research

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 Account Opening+Free Demat AMC+Free Trading. Get up to 20% on referral bonus, free trading tools.
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Last Updated on 2023-09-05T02:25:49+00:00