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The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of Upstox ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, HDFC Sky is rated 4, Upstox is rated 4.5 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs HDFC Sky vs Upstox 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 HDFC Sky vs Upstox 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 HDFC Sky vs Upstox in this setion with 360 degree view of broker information.
 Nuvama Wealth |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | NSE, BSE, 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...  |
HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... |
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. |
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In this section we have compared Nuvama Wealth vs HDFC Sky vs Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and HDFC Sky offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where Upstox charges Free AMC for Demat account.
| Charges | Nuvama Wealth | HDFC Sky | Upstox |
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| Trading Account Opening Fees | Free | Free | Promotion offer: Free |
| 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 240 PA (Free for 1st year) | Free |
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Plans are the most important feature you look when compare Nuvama Wealth vs HDFC Sky vs Upstox. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where HDFC Sky and Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Nuvama Wealth | HDFC Sky | Upstox |
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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.
HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
| Brokerage Charges Compare | Nuvama Wealth | HDFC Sky | Upstox |
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| Plan Name | Nuvama Lite | Fixed pricing model | Max Rs 20 Per Order Trading Plan |
| Equity Delivery | Flat Rs. 10 per executed order | 0.1% or Rs 20 whichever is lower | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Flat Rs. 10 per executed order | 0.1% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Flat Rs. 10 per executed order | 0.1% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Equity Options | Flat Rs. 10 per executed order | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Currency Futures | Flat Rs. 10 per executed order | 0.1% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower |
| Currency Options | Flat Rs. 10 per executed order | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Commodity Trading | 0.01% | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Minimum Brokerage | |||
| Hidden Charges | Info Not Available | No | |
| Call & Trade Charges | Rs 20 per call | Rs 20 per call | Rs 50 + 18% GST |
| Auto Square off Charges | Rs 20 | 0.1% or Rs 20 whichever is lower | Rs 50 + 18% GST |
| Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for HDFC Sky | Brokerage Calculator for Upstox |
Compare Nuvama Wealth vs HDFC Sky vs Upstox on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Nuvama Wealth | HDFC Sky | Upstox |
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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 | NA | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for hdfc-sky | Complete Brokerage Plans for upstox |
Compare Nuvama Wealth vs HDFC Sky vs Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky and Upstox offers 3-in-1 Account where Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth and HDFC Sky offers NRI Trading where Upstox doesn't offers NRI Trading.
| Account Features Compare | Nuvama Wealth | HDFC Sky | Upstox |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
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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 Nuvama Wealth vs HDFC Sky vs Upstox. 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 | HDFC Sky | Upstox | ||
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20 Customer Reviews
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97 Customer Reviews
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12 Customer Reviews
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| Broker Rating | Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews | HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews |
Compare Nuvama Wealth vs HDFC Sky vs Upstox 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 HDFC Sky and Upstox doesn't offers PMS facility.
| Investment Offerings Compare | Nuvama Wealth | HDFC Sky | Upstox |
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| Other Investment Options | NIL | NIL |
Order Type - Compare Nuvama Wealth vs HDFC Sky vs Upstox 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) - Nuvama Wealth and Upstox AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and Upstox offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
| Order Type Compare | Nuvama Wealth | HDFC Sky | Upstox |
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Compare Nuvama Wealth vs HDFC Sky vs Upstox 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 | HDFC Sky | Upstox |
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| Customer Care Number | 1800 102 3335 | 1800 121 2109 | +91 22 6130 9999 |
| Account Opening Process | Online/Paperless | Online | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.nuvamawealth.com/investology | https://hdfcsky.com/learn | https://upstox.com/help-center/ |
| Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA, 8 FLR, NEAR KANJURMARG RLYSTN, KANJURMARG, MUMBAI-MH-400042 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
| Website | https://www.nuvamawealth.com/ | https://hdfcsky.com/ | https://upstox.com/ |
Compare Nuvama Wealth vs HDFC Sky vs Upstox on research reports and tips provided by broker.
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Compare Nuvama Wealth vs HDFC Sky vs Upstox on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Nuvama Wealth | HDFC Sky | Upstox | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 32300 | 12400 | 81800 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | ₹750 pa | ₹300 PA |
| Advance Deposit | NIL | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- | NIL |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.02% of transaction value or ₹20 per transaction whichever is higher | 0.04% (Min ₹20) + CDSL charges | ₹13 + ₹5.50 CDSL charges |
| Demat | ₹2 per certificate + ₹30 courier charges | ₹5 per certificate + ₹35 request charges | ₹20 + ₹50 courier charges |
| Remat | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹30 | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) |
| Pledge Creation | 0.02% of transaction value (Min ₹50) | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Creation Confirmation | Nil | 0.04% of transaction value (Min ₹40) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure | 0.02% of transaction value (Min ₹50) | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Closure Confirmation | Nil | 0.04% of transaction value (Min ₹40) | 0.02% of the transaction value (Min ₹50) + CDSL charges |
| Pledge Invocation | 0.02% of transaction value (Min ₹50) | 0.04% of transaction value (Min ₹40) | 0.05% of the transaction value (Min ₹50) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges |
Compare Nuvama Wealth vs HDFC Sky vs Upstox on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Nuvama Wealth | HDFC Sky | Upstox | |
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| Likes |
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Want to know why to trade with HDFC Sky, here are the promising reasons;
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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| Dislikes |
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There are some setbacks or disadvantages also while trading with Upstox;
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| Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | ||
| Enquire for Nuvama Wealth | Enquire for HDFC Sky | Enquire for Upstox |
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