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The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Finvasia ranges between Rs 0, while the brokerage of SBICAP Securities ranges between .05 to 0.50%. The broker Nuvama Wealth and Finvasia are a discount brokers where SBICAP Securities is a full service broker. Overall rating for Nuvama Wealth is 3.5, Finvasia is rated 4, SBICAP Securities is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs Finvasia vs SBICAP Securities 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 Finvasia vs SBICAP Securities 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 Finvasia vs SBICAP Securities in this setion with 360 degree view of broker information.
 Nuvama Wealth |
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| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| 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...  |
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... |
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 ... |
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In this section we have compared Nuvama Wealth vs Finvasia vs SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Finvasia offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Finvasia charges Free AMC for Demat account, where SBICAP Securities charges Rs 500 PA AMC for Demat account.
| Charges | Nuvama Wealth | Finvasia | SBICAP Securities |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 850 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Free | Rs 500 PA |
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Plans are the most important feature you look when compare Nuvama Wealth vs Finvasia vs SBICAP Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Finvasia and SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Nuvama Wealth | Finvasia | SBICAP Securities |
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| Zerodha | Zerodha | Nuvama Wealth | |
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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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
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.
| Brokerage Charges Compare | Nuvama Wealth | Finvasia | SBICAP Securities |
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| Plan Name | Nuvama Lite | Zero Brokerage Trading Plan | Standard or default brokerage plan |
| Equity Delivery | Flat Rs. 10 per executed order | Rs 0 | 0.50% |
| Equity Intraday | Flat Rs. 10 per executed order | Rs 0 | 0.05% |
| Equity Futures | Flat Rs. 10 per executed order | Rs 0 | 0.05% |
| Equity Options | Flat Rs. 10 per executed order | Rs 0 | Rs 100 Per Lot |
| Currency Futures | Flat Rs. 10 per executed order | Rs 0 | 0.03% |
| Currency Options | Flat Rs. 10 per executed order | Rs 0 | Rs 30 Per Lot |
| Commodity Trading | 0.01% | Rs 0 | Rs. 100 per lot |
| Minimum Brokerage | NA | Rs 0.05 for Cash, Rs 0.01 Future | |
| Hidden Charges | Info Not Available | No | |
| Call & Trade Charges | Rs 20 per call | Free | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. |
| Auto Square off Charges | Rs 20 | Free | First Free 30 per month, after Rs 10 per square-off |
| Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Finvasia | Brokerage Calculator for SBICAP Securities |
Compare Nuvama Wealth vs Finvasia vs SBICAP Securities on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Nuvama Wealth | Finvasia | SBICAP Securities |
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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 | NA |
| Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for sbicap-securities |
Compare Nuvama Wealth vs Finvasia vs SBICAP Securities 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 Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth offers margin funding where Finvasia and SBICAP Securities doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Nuvama Wealth | Finvasia | SBICAP Securities |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15PM |
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| Other Features | NIL | NIL | Trading software terminal: ODIN Diet |
With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Finvasia vs SBICAP Securities. 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.
| Nuvama Wealth | Finvasia | SBICAP Securities | ||
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20 Customer Reviews
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17 Customer Reviews
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78 Customer Reviews
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| Broker Rating | Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews |
Compare Nuvama Wealth vs Finvasia vs SBICAP Securities 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 Finvasia offers Commodity Trading where SBICAP Securities doesn't 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 SBICAP Securities doesn't offers PMS facility.
| Investment Offerings Compare | Nuvama Wealth | Finvasia | SBICAP Securities |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Nuvama Wealth vs Finvasia vs SBICAP Securities 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 offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth and Finvasia doesn't provides GTC.
| Order Type Compare | Nuvama Wealth | Finvasia | SBICAP Securities |
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Compare Nuvama Wealth vs Finvasia vs SBICAP Securities 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 | Nuvama Wealth | Finvasia | SBICAP Securities |
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| 24/7 Customer Service | |
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| Customer Care Number | 1800 102 3335 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022 6854 5555 |
| Account Opening Process | Online/Paperless | Online/Paperless | Offline |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://www.nuvamawealth.com/investology | https://finvasia.com/announcements | https://www.sbismart.com/education |
| Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
| Website | https://www.nuvamawealth.com/ | https://www.finvasia.com/ | https://www.sbismart.com |
Compare Nuvama Wealth vs Finvasia vs SBICAP Securities on research reports and tips provided by broker.
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Compare Nuvama Wealth vs Finvasia vs SBICAP Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Nuvama Wealth | Finvasia | SBICAP Securities | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 32300 | 84300 | 47200 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | Free | ₹500 |
| Advance Deposit | NIL | Rs 0 | 0 for all |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹9 + ₹5.50 (CDSL Charges) for every transaction | 0.01% of the transaction value (Min ₹21 and Max ₹300) |
| Demat | ₹2 per certificate + ₹30 courier charges | ₹15 per certificate | ₹5 per certificate + ₹35 courier charges |
| Remat | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹15 for every hundred securities + CDSL Charges | ₹35 per certificate + CDSL Charges |
| Pledge Creation | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
| Pledge Creation Confirmation | Nil | NIL | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
| Pledge Closure | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
| Pledge Closure Confirmation | Nil | NIL | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
| Pledge Invocation | 0.02% of transaction value (Min ₹50) | ₹19 per transaction | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
| Failed Instruction Charges | Nil | ₹49 | ₹10 |
| Other Charges |
Compare Nuvama Wealth vs Finvasia vs SBICAP Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Nuvama Wealth | Finvasia | SBICAP Securities | |
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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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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 Nuvama Wealth | Enquire for Finvasia | Enquire for SBICAP Securities |
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