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

IIFL Securities Vs Angel One Vs Nuvama Wealth: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Angel One ranges between Rs 20, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker Angel One and Nuvama Wealth are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Angel One is rated 4.5, Nuvama Wealth is rated 3.5 out of 5.

Here we present side-by-side comparison of IIFL Securities vs Angel One vs Nuvama Wealth stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs Angel One vs Nuvama Wealth 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 IIFL Securities vs Angel One vs Nuvama Wealth in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Service

  IIFL Securities Compare
IIFL Securities
Angel One Compare
Angel One
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform...Know more about Angel One 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
Broker Enquiry Request call back from IIFL Securities Request call back from Angel One Request call back from Nuvama Wealth
Expand

Account Opening Charges and AMC

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs Angel One vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs Angel One vs Nuvama Wealth
Charges IIFL Securities Angel One Nuvama Wealth
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 240 PA (Waived for 1st year) Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Plan Options

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

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Plan Options
Plan Types IIFL Securities Angel One Nuvama Wealth
Multiple Plans No No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  IIFL Securities Angel One Nuvama Wealth
Account Opening Request
Expand

Brokerage Charges

Compare IIFL Securities vs Angel One vs Nuvama Wealthon Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity 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.

Brokerage Charges - Compare IIFL Securities vs Angel One vs Nuvama Wealth
Brokerage Charges Compare IIFL Securities Angel One Nuvama Wealth
Plan Name IIFL iSERVE Brokerage Plan Angel iTrade Prime Plan Nuvama Lite
Equity Delivery Flat Rs 20 per order Free Flat Rs. 10 per executed order
Equity Intraday Flat Rs 20 per order 0.03% or Rs 20 whichever is lower Flat Rs. 10 per executed order
Equity Futures Flat Rs 20 per order Flat Fee Rs 20 Flat Rs. 10 per executed order
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Rs. 10 per executed order
Currency Futures Flat Rs 20 per order Flat Fee Rs 20 Flat Rs. 10 per executed order
Currency Options Flat Rs 20 per order Flat Fee Rs 20 Flat Rs. 10 per executed order
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 0.01%
Minimum Brokerage
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 50 Per Call + GST Rs 20 per order Rs 20 per call
Auto Square off Charges Rs 50 Per Call + GST Rs 20 per order Rs 20
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Angel One Brokerage Calculator for Nuvama Wealth
Expand

Share Broker's Transaction Charges

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Transaction Charges

Compare IIFL Securities vs Angel One vs Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs Angel One vs Nuvama Wealth
Transaction Charges Compare IIFL Securities Angel One Nuvama Wealth
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for angel-one Complete Brokerage Plans for nuvama-wealth
Expand

Account Features

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Account Features

Compare IIFL Securities vs Angel One vs Nuvama Wealth 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 -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - IIFL Securities vs Angel One vs Nuvama Wealth
Account Features Compare IIFL Securities Angel One Nuvama Wealth
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
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 Yes Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL Trading software terminal: ODIN(Angel) diet NIL
Expand

Trading Platform

Compare IIFL Securities vs Angel One vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Angel One vs Nuvama Wealth. 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 IIFL Securities vs Angel One vs Nuvama Wealth
Trading Platform Compare IIFL Securities Angel One Nuvama Wealth
Desktop Trading Platform IIFL Trader terminal Angel One Xtreme Trader
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://www.angelone.in/trade/

https://tlounge.edelweiss.in/Login

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets Angel One Mobile App Nuvama Mobile Trader
Mobile Trading App Demo IIFL Markets Demo Angel One Mobile App Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Angel One Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS IIFL Markets Download iOS Angel One Mobile App Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Angel One Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for angel-one Detail on Trading Platforms for nuvama-wealth

Expand

Broker Ratings by Users

Compare IIFL Securities vs Angel One vs Nuvama Wealth on User Rating

  IIFL Securities Angel One Nuvama Wealth
  82 Customer Reviews    Rate IIFL Securities 74 Customer Reviews    Rate Angel One 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Angel One is Rated 3.3 / 5 based on 74 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
Expand

Investment Offerings

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Investment Offerings

Compare IIFL Securities vs Angel One vs Nuvama Wealth 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

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

Order Types

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Order Types

Order Type - Compare IIFL Securities vs Angel One vs Nuvama Wealth 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) - Angel One provides Bracket Orders (BO) facility where IIFL Securities 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 - IIFL Securities and Angel One offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.

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

Customer Service Offered

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Customer Service

Compare IIFL Securities vs Angel One vs Nuvama Wealth 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 IIFL Securities vs Angel One vs Nuvama Wealth
Customer Service Compare IIFL Securities Angel One Nuvama Wealth
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 1800 1020 1800 102 3335
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.angelone.in/knowledge-center https://www.nuvamawealth.com/investology
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.indiainfoline.com/ https://www.angelone.in/ https://www.nuvamawealth.com/
Expand

Tips/Research/Reports Published

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Research Reports, Tips

Compare IIFL Securities vs Angel One vs Nuvama Wealth on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs Angel One vs Nuvama Wealth
  IIFL Securities Angel One Nuvama Wealth
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes No 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 IIFL Securities vs Angel One vs Nuvama Wealth on Demat Account

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs Angel One vs Nuvama Wealth
  IIFL Securities Angel One Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 44700 33200 19100
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹450 pa Free (₹1500 one time charges)
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹20 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹15 per certificate + ₹40 courier charges ₹50 per certificate ₹2 per certificate + ₹30 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹50 + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹50 ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure Nil ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation Nil NIL 0.02% of transaction value (Min ₹50)
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Special Offers and Promotion

Compare IIFL Securities vs Angel One vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs Angel One vs Nuvama Wealth on Special Offers and Promotion
  IIFL Securities Angel One Nuvama Wealth
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
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
Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Around 40+ bank are prefered parter with Angel Broking. NA
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

  • 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...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

  • 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...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer.
Enquire for IIFL Securities Enquire for Angel One Enquire for Nuvama Wealth

Last Updated on 2023-09-14T04:42:55+00:00