FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Nuvama Wealth Vs Geojit Vs ICICIDirect: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of ICICIDirect ranges between Rs. 20. The broker Geojit and ICICIDirect are a full service brokers where Nuvama Wealth is a discount broker. Overall rating for Nuvama Wealth is 3.5, Geojit is rated 4, ICICIDirect is rated 4 out of 5.

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

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Service

  Nuvama Wealth Compare
Nuvama Wealth
Geojit Compare
Geojit
ICICIDirect Compare
ICICIDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX 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... Know more about Nuvama Wealth Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Nuvama Wealth
Expand

Account Opening Charges and AMC

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Geojit vs ICICIDirect on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where ICICIDirect charges Rs 300 per annum AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Geojit vs ICICIDirect
Charges Nuvama Wealth Geojit ICICIDirect
Trading Account Opening Fees Free Free 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 700 PA Rs 300 per annum
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Plan Options

Plans are the most important feature you look when compare Nuvama Wealth vs Geojit vs ICICIDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and ICICIDirect offers Multiple Plans where Geojit doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Plan Options
Plan Types Nuvama Wealth Geojit ICICIDirect
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha Nuvama Wealth
Account Opening Request
Expand

Brokerage Charges

Compare Nuvama Wealth vs Geojit vs ICICIDirecton Brokerage Charges

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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

Brokerage Charges - Compare Nuvama Wealth vs Geojit vs ICICIDirect
Brokerage Charges Compare Nuvama Wealth Geojit ICICIDirect
Plan Name Nuvama Lite Online Trading Plan (Percentage Based) NEO Flat Discount Brokerage Plan
Equity Delivery Flat Rs. 10 per executed order 0.30% or 30 paisa 0.55%
Equity Intraday Flat Rs. 10 per executed order 0.03% or 3 paisa Flat Rs. 20 per order
Equity Futures Flat Rs. 10 per executed order 0.01% Free (Rs. 0 brokerage)
Equity Options Flat Rs. 10 per executed order Rs 50 Per Lot Flat Rs. 20 per order
Currency Futures Flat Rs. 10 per executed order 0.03% or 3 paisa Flat Rs. 20 per order
Currency Options Flat Rs. 10 per executed order Rs 50 Per Lot Flat Rs. 20 per order
Commodity Trading 0.01% 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Rs. 20 per order
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher Rs 35 per trade
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Free First 20 call free and Rs 25 there onwards.
Auto Square off Charges Rs 20 Free First 20 call free and Rs 25 there onwards.
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Geojit Brokerage Calculator for ICICIDirect
Expand

Share Broker's Transaction Charges

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Transaction Charges

Compare Nuvama Wealth vs Geojit vs ICICIDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Geojit vs ICICIDirect
Transaction Charges Compare Nuvama Wealth Geojit ICICIDirect
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 geojit Complete Brokerage Plans for icicidirect
Expand

Account Features

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Account Features

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Nuvama Wealth and Geojit 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 - All 3 brokers offers NRI Trading.

Account Features - Nuvama Wealth vs Geojit vs ICICIDirect
Account Features Compare Nuvama Wealth Geojit ICICIDirect
3 in 1 Account No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
Expand

Trading Platform

Compare Nuvama Wealth vs Geojit vs ICICIDirecton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Geojit vs ICICIDirect. 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 Nuvama Wealth vs Geojit vs ICICIDirect
Trading Platform Compare Nuvama Wealth Geojit ICICIDirect
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

https://selfie.geojit.net/

https://www.icicidirect.com

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader SELFIE Geojit ICICI direct Mobile
Mobile Trading App Demo Nuvama Mobile Trader Demo SELFIE Geojit Demo ICICI direct Mobile Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS SELFIE Geojit Download iOS ICICI direct Mobile Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for ICICIDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for ICICIDirect
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Geojit Options Brokerage Calculator for ICICIDirect
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for geojit Detail on Trading Platforms for icicidirect

Expand

Broker Ratings by Users

Compare Nuvama Wealth vs Geojit vs ICICIDirect on User Rating

  Nuvama Wealth Geojit ICICIDirect
  20 Customer Reviews    Rate Nuvama Wealth 79 Customer Reviews    Rate Geojit 267 Customer Reviews    Rate ICICIDirect
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews
Expand

Investment Offerings

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Investment Offerings

Compare Nuvama Wealth vs Geojit vs ICICIDirect 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 Geojit offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare Nuvama Wealth vs Geojit vs ICICIDirect
Investment Offerings Compare Nuvama Wealth Geojit ICICIDirect
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes No
Online IPO Application No No Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No Yes
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options NIL Insurance NIL
Expand

Order Types

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Order Types

Order Type - Compare Nuvama Wealth vs Geojit vs ICICIDirect 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 - Geojit and ICICIDirect offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.

Order Types - Compare Nuvama Wealth vs Geojit vs ICICIDirect
Order Type Compare Nuvama Wealth Geojit ICICIDirect
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
Expand

Customer Service Offered

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Customer Service

Compare Nuvama Wealth vs Geojit vs ICICIDirect 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 Nuvama Wealth vs Geojit vs ICICIDirect
Customer Service Compare Nuvama Wealth Geojit ICICIDirect
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes Yes
Customer Care Number 1800 102 3335 1800-425-5501/1800-103-5501/91-484-2405822 1860 123 1122
Account Opening Process Online/Paperless Offline Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://insights.geojit.com/ https://www.icicidirect.com/knowledge-center
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Website https://www.nuvamawealth.com/ https://www.geojit.com/ https://www.icicidirect.com
Expand

Tips/Research/Reports Published

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Research Reports, Tips

Compare Nuvama Wealth vs Geojit vs ICICIDirect on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs Geojit vs ICICIDirect
  Nuvama Wealth Geojit ICICIDirect
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
Expand

Demat Account

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Geojit vs ICICIDirect
  Nuvama Wealth Geojit ICICIDirect
DP Source CDSL CDSL CDSL
DP ID 32300 48900 14301
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹600 pa ₹700 pa
Advance Deposit NIL NIL Rs. 7500/- , If the client is not having ICICI BANK Account
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)
Demat ₹2 per certificate + ₹30 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹50 per set up
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Pledge Creation Confirmation Nil Nil 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure 0.02% of transaction value (Min ₹50) Nil 0.02% (Min ₹35 and Max ₹25,000)
Pledge Closure Confirmation Nil Nil 0.02% (Min ₹35 and Max ₹25,000)
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹50 per transaction 0.02% (Min ₹35 and Max ₹25,000)
Failed Instruction Charges Nil Nil ₹30 per transaction
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Special Offers and Promotion

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

Compare Nuvama Wealth vs Geojit vs ICICIDirect on Special Offers and Promotion
  Nuvama Wealth Geojit ICICIDirect
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
Likes
  • 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...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

Dislikes
  • 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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire for Nuvama Wealth Enquire for Geojit Enquire for ICICIDirect

Last Updated on