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

Nuvama Wealth Vs Stoxkart Vs Groww: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Stoxkart ranges between Rs. 15 per order, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Stoxkart is rated 4, Groww is rated 4 out of 5.

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

Compare Nuvama Wealth vs Stoxkart vs Groww on Service

  Nuvama Wealth Compare
Nuvama Wealth
Stoxkart Compare
Stoxkart
Groww Compare
Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
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 Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms. Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... Know more about Groww
Broker Enquiry Request call back from Nuvama Wealth Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Nuvama Wealth vs Stoxkart vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Stoxkart vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Groww offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Stoxkart charges Rs. 300 AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Stoxkart vs Groww
Charges Nuvama Wealth Stoxkart Groww
Trading Account Opening Fees Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 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. 300 Free
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Nuvama Wealth vs Stoxkart vs Groww on Plan Options

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

Compare Nuvama Wealth vs Stoxkart vs Groww on Plan Options
Plan Types Nuvama Wealth Stoxkart Groww
Multiple Plans Yes Yes No
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Nuvama Wealth Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Nuvama Wealth vs Stoxkart vs Growwon 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.

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Nuvama Wealth vs Stoxkart vs Groww
Brokerage Charges Compare Nuvama Wealth Stoxkart Groww
Plan Name Nuvama Lite Flat Brokerage Plan - Rs. 15 per order Flat Brokerage Plan
Equity Delivery Flat Rs. 10 per executed order Free 0.05% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 10 per executed order Flat Fee Rs 15 per order 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs. 10 per executed order Flat Fee Rs 15 per order Flat Fee Rs 20
Equity Options Flat Rs. 10 per executed order Flat Fee Rs 15 per order Flat Fee Rs 20
Currency Futures Flat Rs. 10 per executed order Flat Fee Rs 15 per order Not Available
Currency Options Flat Rs. 10 per executed order Flat Fee Rs 15 per order Not Available
Commodity Trading 0.01% Flat Fee Rs 15 per order Not Available
Minimum Brokerage
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA Yes NA
Call & Trade Charges Rs 20 per call Rs 20 Per Executable Order Rs 50 Per Executable Order
Auto Square off Charges Rs 20 Rs 20 Per Executable Order Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Stoxkart Brokerage Calculator for Groww
Expand

Share Broker's Transaction Charges

Compare Nuvama Wealth vs Stoxkart vs Groww on Transaction Charges

Compare Nuvama Wealth vs Stoxkart vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Stoxkart vs Groww
Transaction Charges Compare Nuvama Wealth Stoxkart Groww
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 NA
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for stoxkart Complete Brokerage Plans for groww
Expand

Account Features

Compare Nuvama Wealth vs Stoxkart vs Groww on Account Features

Compare Nuvama Wealth vs Stoxkart vs Groww 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 - Nuvama Wealth and Stoxkart offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Nuvama Wealth vs Stoxkart vs Groww
Account Features Compare Nuvama Wealth Stoxkart Groww
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. No Groww have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
Expand

Trading Platform

Compare Nuvama Wealth vs Stoxkart vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Stoxkart vs Groww. 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 Stoxkart vs Groww
Trading Platform Compare Nuvama Wealth Stoxkart Groww
Desktop Trading Platform Xtreme Trader Groww App
Desktop Demo Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

yes

Yes

Web Trading Demo Info Not Available Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes No Yes
Mobile Trading App Nuvama Mobile Trader yes Groww App
Mobile Trading App Demo Nuvama Mobile Trader Demo yes Demo Info Not Available
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod yes Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS yes Download iOS Groww App 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 Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Stoxkart Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Stoxkart Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Stoxkart Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for stoxkart Detail on Trading Platforms for groww

Expand

Broker Ratings by Users

Compare Nuvama Wealth vs Stoxkart vs Groww on User Rating

  Nuvama Wealth Stoxkart Groww
  4 Customer Reviews    Rate Nuvama Wealth Customer Reviews    Rate Stoxkart 8 Customer Reviews    Rate Groww
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews Groww is Rated 4.3 / 5 based on 8 customer reviews
Expand

Investment Offerings

Compare Nuvama Wealth vs Stoxkart vs Groww on Investment Offerings

Compare Nuvama Wealth vs Stoxkart vs Groww 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 Stoxkart offers Commodity Trading where Groww doesn't 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 Stoxkart and Groww doesn't offers PMS facility.

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

Order Types

Compare Nuvama Wealth vs Stoxkart vs Groww on Order Types

Order Type - Compare Nuvama Wealth vs Stoxkart vs Groww 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) - Nuvama Wealth and Stoxkart provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Stoxkart provides Bracket Orders (BO) facility where Nuvama Wealth and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Nuvama Wealth and Stoxkart AMO facility where Groww doesn't provides AMO. GTC Orders - All 3 brokers doesn't have GTC facility.

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

Customer Service Offered

Compare Nuvama Wealth vs Stoxkart vs Groww on Customer Service

Compare Nuvama Wealth vs Stoxkart vs Groww 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 Stoxkart vs Groww
Customer Service Compare Nuvama Wealth Stoxkart Groww
24/7 Customer Service No Yes No
Email Support Yes Yes Yes
Onine Live Chat No Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes No
Customer Care Number 1800 102 3335 1800 11 3331 9108800604
Account Opening Process Online/Paperless Online/Paperless Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://www.stoxkart.com/learning-center.php https://groww.in/academy
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website https://www.nuvamawealth.com/ https://www.stoxkart.com/ https://groww.in/
Expand

Tips/Research/Reports Published

Compare Nuvama Wealth vs Stoxkart vs Groww on Research Reports, Tips

Compare Nuvama Wealth vs Stoxkart vs Groww on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs Stoxkart vs Groww
  Nuvama Wealth Stoxkart Groww
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes Yes No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare Nuvama Wealth vs Stoxkart vs Groww on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Stoxkart vs Groww
  Nuvama Wealth Stoxkart Groww
DP Source CDSL CDSL CDSL
DP ID 19100 19100 No
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹300 pa Zero
Advance Deposit NIL AMC will be charged in advance. Nil
Statutory charges Nil Stamp Paper Charges Legal Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹10+CDSL charges ₹5 ₹8 + ₹5.50 CDSL charges
Demat ₹2 per certificate + ₹30 courier charges ₹150 per certificate ₹150 per certificate + courier charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹150 for every hundred securities + depositry charges ₹150 per certificate + courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹20 per instruction+CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.02% of transaction value (Min ₹50) ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation Nil ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹20 ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges Nil ₹50 per instraction ₹50
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges . Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Stoxkart vs Groww on Special Offers and Promotion

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

Compare Nuvama Wealth vs Stoxkart vs Groww on Special Offers and Promotion
  Nuvama Wealth Stoxkart Groww
Pay In and Pay Out Options 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 - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Upto 24 Hrs except Bank Holidays.

Max 24 hrs except bank holidays

Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available 22+ Banks Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
IFSC Code: HDFC0000003
NA
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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

Detail Review...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • It does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

Detail Review...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquire for Nuvama Wealth Enquire for Stoxkart Enquire for Groww

Last Updated on 2024-01-15T22:01:18+00:00