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The brokerage of ICICIDirect ranges between Rs. 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Paytm Money ranges between Rs 20. The broker Nuvama Wealth and Paytm Money are a discount brokers where ICICIDirect is a full service broker. Overall rating for ICICIDirect is 4, Nuvama Wealth is rated 3.5, Paytm Money is rated 4 out of 5.
Here we present side-by-side comparison of ICICIDirect vs Nuvama Wealth vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared ICICIDirect vs Nuvama Wealth vs Paytm Money 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 ICICIDirect vs Nuvama Wealth vs Paytm Money in this setion with 360 degree view of broker information.
 ICICIDirect |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | 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...  |
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... |
In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... |
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In this section we have compared ICICIDirect vs Nuvama Wealth vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - ICICIDirect charges Rs 300 per annum as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where Paytm Money charges Free AMC for Demat account.
| Charges | ICICIDirect | Nuvama Wealth | Paytm Money |
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| Trading Account Opening Fees | Free | Free | Free |
| Trading AMC | Free | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 300 per annum | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Free |
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Plans are the most important feature you look when compare ICICIDirect vs Nuvama Wealth vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect and Nuvama Wealth offers Multiple Plans where Paytm Money doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | ICICIDirect | Nuvama Wealth | Paytm Money |
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| Zerodha | Nuvama Wealth | Paytm Money | |
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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.
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.
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.
| Brokerage Charges Compare | ICICIDirect | Nuvama Wealth | Paytm Money |
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| Plan Name | NEO Flat Discount Brokerage Plan | Nuvama Lite | Flat Brokerage Plan |
| Equity Delivery | 0.55% | Flat Rs. 10 per executed order | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | Flat Rs. 20 per order | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Free (Rs. 0 brokerage) | Flat Rs. 10 per executed order | 0.02% or Rs 20 whichever is lower |
| Equity Options | Flat Rs. 20 per order | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
| Currency Futures | Flat Rs. 20 per order | Flat Rs. 10 per executed order | NA |
| Currency Options | Flat Rs. 20 per order | Flat Rs. 10 per executed order | NA |
| Commodity Trading | Flat Rs. 20 per order | 0.01% | NA |
| Minimum Brokerage | Rs 35 per trade | ||
| Hidden Charges | Yes | Info Not Available | |
| Funding | Yes - 18% interest PA | Yes - 24% interest PA | NA |
| Call & Trade Charges | First 20 call free and Rs 25 there onwards. | Rs 20 per call | Rs 100/order +GST |
| Auto Square off Charges | First 20 call free and Rs 25 there onwards. | Rs 20 | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for ICICIDirect | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Paytm Money |
Compare ICICIDirect vs Nuvama Wealth vs Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | ICICIDirect | Nuvama Wealth | Paytm Money |
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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 | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for paytm-money |
Compare ICICIDirect vs Nuvama Wealth vs Paytm Money 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 Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - ICICIDirect and Nuvama Wealth offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - ICICIDirect and Nuvama Wealth offers NRI Trading where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | ICICIDirect | Nuvama Wealth | Paytm Money |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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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 ICICIDirect vs Nuvama Wealth vs Paytm Money. 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.
| ICICIDirect | Nuvama Wealth | Paytm Money | ||
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267 Customer Reviews
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4 Customer Reviews
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6 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare ICICIDirect vs Nuvama Wealth vs Paytm Money 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 offers Commodity Trading where ICICIDirect and Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - ICICIDirect and Nuvama Wealth offers PMS facility where Paytm Money doesn't offers PMS facility.
| Investment Offerings Compare | ICICIDirect | Nuvama Wealth | Paytm Money |
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| Other Investment Options | NIL | NIL |
Order Type - Compare ICICIDirect vs Nuvama Wealth vs Paytm Money 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) - Paytm Money provides Bracket Orders (BO) facility where ICICIDirect and 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 - ICICIDirect and Paytm Money offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
| Order Type Compare | ICICIDirect | Nuvama Wealth | Paytm Money |
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Compare ICICIDirect vs Nuvama Wealth vs Paytm Money 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 | ICICIDirect | Nuvama Wealth | Paytm Money |
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| 24/7 Customer Service | |
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| Customer Care Number | 1860 123 1122 | 1800 102 3335 | NA |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://www.icicidirect.com/knowledge-center | https://www.nuvamawealth.com/investology | https://www.paytmmoney.com/care |
| Head Office Address | ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website | https://www.icicidirect.com | https://www.nuvamawealth.com/ | https://www.paytmmoney.com/ |
Compare ICICIDirect vs Nuvama Wealth vs Paytm Money on research reports and tips provided by broker.
| ICICIDirect | Nuvama Wealth | Paytm Money | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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Compare ICICIDirect vs Nuvama Wealth vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details
| ICICIDirect | Nuvama Wealth | Paytm Money | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 14300 | 19100 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹700 pa | Free (₹1500 one time charges) | Zero |
| Advance Deposit | Rs. 7500/- , If the client is not having ICICI BANK Account | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹10 per ISIN |
| Demat | ₹50 per set up | ₹2 per certificate + ₹30 courier charges | ₹250 per 100 shares |
| Remat | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹250 per 100 shares |
| Pledge Creation | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value (Min ₹50) | ₹32 per ISIN |
| Pledge Creation Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | Nil |
| Pledge Closure | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value (Min ₹50) | ₹32 per ISIN |
| Pledge Closure Confirmation | 0.02% (Min ₹35 and Max ₹25,000) | Nil | Nil |
| Pledge Invocation | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value (Min ₹50) | ₹32 per ISIN |
| Failed Instruction Charges | ₹30 per transaction | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare ICICIDirect vs Nuvama Wealth vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| ICICIDirect | Nuvama Wealth | Paytm Money | |
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| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank. 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
Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Instant to ICICI Bank. | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges | Info Not Available | Info Not Available | Paytm Money allows 190+ Banks. |
| Bank Detail | Direct from your ICICI bank account. | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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| 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 ICICIDirect | Enquire for Nuvama Wealth | Enquire for Paytm Money |
Last Updated on 2023-09-14T04:34:26+00:00
