Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of IIFL Securities ranges between Rs 20, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker Zerodha and Nuvama Wealth are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, Zerodha is rated 4.5, Nuvama Wealth is rated 3.5 out of 5.
Here we present side-by-side comparison of IIFL Securities vs Zerodha 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 Zerodha 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 Zerodha vs Nuvama Wealth in this setion with 360 degree view of broker information.
 IIFL Securities |
 Zerodha |
 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 | NSE, BSE, MCX | 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,...  |
Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. | 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... |
| Broker Enquiry |
|
|
|
In this section we have compared IIFL Securities vs Zerodha 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, Zerodha charges Rs 300 PA AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
| Charges | IIFL Securities | Zerodha | 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 300 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare IIFL Securities vs Zerodha 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 Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | IIFL Securities | Zerodha | Nuvama Wealth |
|---|---|---|---|
| Multiple Plans |  |
|
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| IIFL Securities | Zerodha | Nuvama Wealth | |
|---|---|---|---|
| Account Opening Request |
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery 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 | Zerodha | Nuvama Wealth |
|---|---|---|---|
| Plan Name | IIFL iSERVE Brokerage Plan | Max Rs 20 per order Trading 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 | 0.03% or Rs 20 whichever is lower | 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 | 0.03% or Rs 20 whichever is lower | 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 | NIL | ||
| Hidden Charges | Info Not Available | No | |
| Funding | Yes - 18% interest PA | Info Not Available | Yes - 24% interest PA |
| Call & Trade Charges | Rs 50 Per Call + GST | Rs 50 Per Executable Order | Rs 20 per call |
| Auto Square off Charges | Rs 50 Per Call + GST | Rs 50 Per Executable Order | Rs 20 |
| Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Zerodha | Brokerage Calculator for Nuvama Wealth |
Compare IIFL Securities vs Zerodha vs Nuvama Wealth on transaction charges and PCM fee by segment.
| Transaction Charges Compare | IIFL Securities | Zerodha | 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 360 Per Cr | Agri: Rs 275 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 zerodha | Complete Brokerage Plans for nuvama-wealth |
Compare IIFL Securities vs Zerodha 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 - IIFL Securities and Nuvama Wealth offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | IIFL Securities | Zerodha | Nuvama Wealth |
|---|---|---|---|
| 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 | 3:15PM | 3:20 PM | 3:15PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs Zerodha 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.
| IIFL Securities | Zerodha | Nuvama Wealth | ||
|---|---|---|---|---|
82 Customer Reviews
 |
160 Customer Reviews
|
4 Customer Reviews
|
||
| 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 | Zerodha is Rated 3.9 / 5 based on 160 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews |
Compare IIFL Securities vs Zerodha 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) - IIFL Securities and Nuvama Wealth offers PMS facility where Zerodha doesn't offers PMS facility.
| Investment Offerings Compare | IIFL Securities | Zerodha | Nuvama Wealth |
|---|---|---|---|
| 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 IIFL Securities vs Zerodha 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) - 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 - IIFL Securities and Zerodha offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
| Order Type Compare | IIFL Securities | Zerodha | Nuvama Wealth |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare IIFL Securities vs Zerodha 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 Service Compare | IIFL Securities | Zerodha | Nuvama Wealth |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022-40071000 | "+ 91 80 4040 2020" | 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://zerodha.com/varsity/ | 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 |
Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
| Website | https://www.indiainfoline.com/ | https://zerodha.com/ | https://www.nuvamawealth.com/ |
Compare IIFL Securities vs Zerodha vs Nuvama Wealth on research reports and tips provided by broker.
| IIFL Securities | Zerodha | Nuvama Wealth | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare IIFL Securities vs Zerodha vs Nuvama Wealth on Demat Service and Charges. This section cover about demat charges, demat service and other details
| IIFL Securities | Zerodha | Nuvama Wealth | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 44700 | 81600 | 19100 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | ₹300 pa | Free (₹1500 one time charges) |
| Advance Deposit | Nil | Nil | NIL |
| Statutory charges | Nil | ₹50 | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | ₹8 + ₹5.50 (CDSL Charges) per transaction | 0.02% of transaction value or ₹20 per transaction whichever is higher |
| Demat | ₹15 per certificate + ₹40 courier charges | ₹150 per certificate + ₹100 courier charges | ₹2 per certificate + ₹30 courier charges |
| Remat | ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges |
| Pledge Creation | ₹50 | ₹20 + ₹12 CSDL charges | 0.02% of transaction value (Min ₹50) |
| Pledge Creation Confirmation | Nil | Nil | Nil |
| Pledge Closure | Nil | ₹20 + ₹12 CSDL charges | 0.02% of transaction value (Min ₹50) |
| Pledge Closure Confirmation | Nil | Nil | Nil |
| Pledge Invocation | Nil | ₹20 | 0.02% of transaction value (Min ₹50) |
| Failed Instruction Charges | Nil | ₹50 per instraction | Nil |
| Other Charges | Nil | Nil | Nil |
Compare IIFL Securities vs Zerodha vs Nuvama Wealth on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| IIFL Securities | Zerodha | 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 funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite 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. | Max 24 hrs except for 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 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | NA |
| Bank Detail | India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC |
HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
| Likes |
|
You will enjoy many benefits or advantages while trading with Zerodha;
|
|
| Dislikes |
|
|
|
| Special Offers/Promo | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. | ||
| Enquire for IIFL Securities | Enquire for Zerodha | Enquire for Nuvama Wealth |
Last Updated on 2023-09-14T04:42:55+00:00
