FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Fyers ranges between Rs 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Fyers is 4, Nuvama Wealth is rated 3.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Fyers vs Nuvama Wealth vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Fyers vs Nuvama Wealth vs Groww 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 Fyers vs Nuvama Wealth vs Groww in this setion with 360 degree view of broker information.
In this section we have compared Fyers vs Nuvama Wealth vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Fyers 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 Groww charges Free AMC for Demat account.
Charges | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
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] | Free |
Provide DP Service |
Plans are the most important feature you look when compare Fyers vs Nuvama Wealth vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Fyers and Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
Multiple Plans | |||
Monthly Plans | |||
Yearly Plans |
Fyers | Nuvama Wealth | Zerodha | |
---|---|---|---|
Account Opening Request |
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
Brokerage Charges Compare | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
Plan Name | Max Rs 20 Per Order Trading Plan | Nuvama Lite | Flat Brokerage Plan |
Equity Delivery | Free | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
Equity Intraday | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
Equity Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
Currency Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | Not Available |
Currency Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Not Available |
Commodity Trading | Flat Fee Rs 20 | 0.01% | Not Available |
Minimum Brokerage | |||
Hidden Charges | No | Info Not Available | |
Funding | No | Yes - 24% interest PA | NA |
Call & Trade Charges | Rs 50 Per Order | Rs 20 per call | Rs 50 Per Executable Order |
Auto Square off Charges | Rs 50 Per Order | Rs 20 | Rs 50 Per Executable Order |
Brokerage Calculator | Brokerage Calculator for Fyers | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Groww |
Compare Fyers vs Nuvama Wealth vs Groww on transaction charges and PCM fee by segment.
Transaction Charges Compare | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
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 | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
Brokerage Charges | Complete Brokerage Plans for fyers | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for groww |
Compare Fyers vs Nuvama Wealth vs Groww 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 and Groww offers margin funding where Fyers doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI Trading where Fyers and Groww doesn't offers NRI Trading.
Account Features Compare | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
3 in 1 Account | |||
Charting | |||
Algo Trading | |||
SMS Alerts | |||
Online Demo | |||
Online Portfolio | |||
Margin Trading Funding Available | |||
Combined Ledger for Equity and Commodity | |||
Intraday Square-off Time | 3:15 PM | 3:15PM | 3:10 PM |
NRI Trading | |||
Other Features | Fyers 30 Day Challenge | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Fyers vs Nuvama Wealth vs Groww. 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.
Compare Fyers vs Nuvama Wealth vs Groww 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 - Fyers and Nuvama Wealth offers Commodity Trading where Groww 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 Fyers and Groww doesn't offers PMS facility.
Investment Offerings Compare | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
Equity Cash and F&O | |||
Currency Deravitives | |||
Commodity | |||
Online IPO Application | |||
Mutual Funds | |||
Bond / NCD | |||
ETF | |||
Banking | |||
Insurance | |||
Forex | |||
MF SIP Investment | |||
Equity SIP Investment | |||
PMS Service | |||
Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Fyers vs Nuvama Wealth vs Groww 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) - Fyers and Nuvama Wealth provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Fyers provides Bracket Orders (BO) facility where Nuvama Wealth and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Fyers and Nuvama Wealth AMO facility where Groww doesn't provides AMO. GTC Orders - Fyers offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth and Groww doesn't provides GTC.
Order Type Compare | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
CNC order | |||
MIS order | |||
NRML order | |||
Cover order | |||
Bracket order | |||
AMO-After Market Orders | |||
GTC-Good Till Cancelled |
Compare Fyers vs Nuvama Wealth vs Groww 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 | Fyers | Nuvama Wealth | Groww |
---|---|---|---|
24/7 Customer Service | |||
Email Support | |||
Onine Live Chat | |||
Phone Support | |||
Toll Free Number | |||
Through Branches | |||
Customer Care Number | 08060001111 | 1800 102 3335 | 9108800604 |
Account Opening Process | 100% online and paperless proc | Online/Paperless | Online |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://fyers.in/school-of-stocks/ | https://www.nuvamawealth.com/investology | https://groww.in/academy |
Head Office Address | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Website | https://fyers.in/ | https://www.nuvamawealth.com/ | https://groww.in/ |
Compare Fyers vs Nuvama Wealth vs Groww on research reports and tips provided by broker.
Fyers | Nuvama Wealth | Groww | |
---|---|---|---|
Research Mutual Funds | |||
Research Equity Reports | |||
Research ETF | |||
Daily Market Report | |||
Free Tips | |||
Quarterly Result Analysis | |||
News Alerts |
Compare Fyers vs Nuvama Wealth vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
Fyers | Nuvama Wealth | Groww | |
---|---|---|---|
DP Source | CDSL | CDSL | CDSL |
DP ID | 432-2019 | 19100 | No |
Demat Account Annual Maintenance Charges(AMC) | Free | Free (₹1500 one time charges) | Zero |
Advance Deposit | Nil | NIL | Nil |
Statutory charges | Nil | Nil | Legal Charges |
Transaction Charges on Debit (Per ISIN) | ₹7 + ₹5.50 (CDSL Charges) per transaction | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹8 + ₹5.50 CDSL charges |
Demat | ₹0 | ₹2 per certificate + ₹30 courier charges | ₹150 per certificate + courier charges |
Remat | ₹0 | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹150 per certificate + courier charges |
Pledge Creation | Nil | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Creation Confirmation | Nil | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Closure | Nil | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Closure Confirmation | Nil | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Invocation | Nil | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Failed Instruction Charges | Nil | Nil | ₹50 |
Other Charges | Stamp Charges ₹50, | Nil | Nil |
Compare Fyers vs Nuvama Wealth vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Fyers | Nuvama Wealth | Groww | |
---|---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Up to 24 Hrs except for Bank Holidays. | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
Bank Supported and Charges | 24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Info Not Available | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
Bank Detail | Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
NA |
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Special Offers/Promo | |||
Enquire for Fyers | Enquire for Nuvama Wealth | Enquire for Groww |
Last Updated on 2024-05-31T01:26:09+00:00