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Nuvama Wealth Vs SAMCO Vs ProStocks: Which one is better?

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

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

Compare 2 Brokers

Compare Nuvama Wealth vs SAMCO vs ProStocks on Service

  Nuvama Wealth Compare
Nuvama Wealth		 SAMCO Compare
SAMCO		 ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX 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 Rs. 20/order ultra-low brokerage, Giga trading engine powered new-gen mobile App, Nest Trader Terminal, and unique leverage products make SAMCO one of the best discount brokers for traders. Also, get stock and mutual fund research on StockBasket and ...Know more about SAMCO Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an... Know more about ProStocks
Broker Enquiry Request call back from SAMCO Request call back from Nuvama Wealth Request call back from ProStocks
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Account Opening Charges and AMC

Compare Nuvama Wealth vs SAMCO vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs SAMCO vs ProStocks 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, SAMCO charges Rs 400 PA (Free for 1st year) AMC for Demat account, where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs SAMCO vs ProStocks
Charges Nuvama Wealth SAMCO ProStocks
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 400 PA (Free for 1st year) Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs SAMCO vs ProStocks on Plan Options

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

Compare Nuvama Wealth vs SAMCO vs ProStocks on Plan Options
Plan Types Nuvama Wealth SAMCO ProStocks
Multiple Plans Yes No Yes
Monthly Plans No No Yes
Yearly Plans No No Yes
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Account Opening Request

Account Opening

  SAMCO Nuvama Wealth ProStocks
Account Opening Request
Open SAMCO Account Now>>
Open Nuvama Wealth Account Now>>
Open ProStocks Account Now>>
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Brokerage Charges

Compare Nuvama Wealth vs SAMCO vs ProStockson 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.

SAMCO Brokerage Plan detail - Trade in any segment in just Rs 20 per executable order, No size restriction,No Hidden charges.

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Nuvama Wealth vs SAMCO vs ProStocks
Brokerage Charges Compare Nuvama Wealth SAMCO ProStocks
Plan Name Nuvama Lite Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Flat Rs. 10 per executed order 0.5% or Rs 20 whichever is lower Free
Equity Intraday Flat Rs. 10 per executed order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures Flat Rs. 10 per executed order Flat Fee Rs 20 Flat Fee Rs 15
Equity Options Flat Rs. 10 per executed order Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures Flat Rs. 10 per executed order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Flat Rs. 10 per executed order 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Commodity Trading 0.01% 0.05% or Rs 20 whichever is lower NA
Minimum Brokerage NA
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Rs 20 per Executed order, with First 20 C&T are free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges Rs 20 Rs 20 per Executed order, with First 20 C&T are free Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for SAMCO Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs SAMCO vs ProStocks on Transaction Charges

Compare Nuvama Wealth vs SAMCO vs ProStocks on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs SAMCO vs ProStocks
Transaction Charges Compare Nuvama Wealth SAMCO ProStocks
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 samco Complete Brokerage Plans for prostocks
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Account Features

Compare Nuvama Wealth vs SAMCO vs ProStocks on Account Features

Compare Nuvama Wealth vs SAMCO vs ProStocks 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 - Nuvama Wealth and SAMCO offers margin funding where ProStocks doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare Nuvama Wealth vs SAMCO vs ProStockson Trading Platform

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

https://tlounge.edelweiss.in/Login

https://trade.samco.in/Samruddi/Login/indexauth.jsp

https://www.prostocksweb.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 StockNote Star ProStocks
Mobile Trading App Demo Nuvama Mobile Trader Demo StockNote Demo Star ProStocks Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod StockNote Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS StockNote Download iOS Star ProStocks 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 SAMCO Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for SAMCO Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for SAMCO Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for samco Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Nuvama Wealth vs SAMCO vs ProStocks on User Rating

  Nuvama Wealth SAMCO ProStocks
  20 Customer Reviews    Rate Nuvama Wealth 32 Customer Reviews    Rate SAMCO 20 Customer Reviews    Rate ProStocks
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 SAMCO is Rated 4.1 / 5 based on 32 customer reviews ProStocks is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs SAMCO vs ProStocks on Investment Offerings

Compare Nuvama Wealth vs SAMCO vs ProStocks 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 SAMCO offers Commodity Trading where ProStocks doesn't offers Commodity Trading. Online Mutual Fund Investment - Nuvama Wealth and SAMCO offers online mutual fund investment where ProStocks doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where SAMCO and ProStocks doesn't offers PMS facility.

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

Compare Nuvama Wealth vs SAMCO vs ProStocks on Order Types

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

Order Types - Compare Nuvama Wealth vs SAMCO vs ProStocks
Order Type Compare Nuvama Wealth SAMCO ProStocks
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 No Yes
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Customer Service Offered

Compare Nuvama Wealth vs SAMCO vs ProStocks on Customer Service

Compare Nuvama Wealth vs SAMCO vs ProStocks 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 SAMCO vs ProStocks
Customer Service Compare Nuvama Wealth SAMCO ProStocks
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 No No
Customer Care Number 1800 102 3335 022-2222-7777/022-4503-0450 +91-2262-434343
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://www.samco.in/knowledge-center/ https://www.prostocks.com/faq.html
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098		 SAMCO Securities Limited
1004 - A, 10th Floor, Naman Midtown - A Wing,
Senapati Bapat Marg, Elphinstone Road,
Mumbai - 400 013, Maharashtra,
India.		 Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website https://www.nuvamawealth.com/ https://www.samco.in/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Nuvama Wealth vs SAMCO vs ProStocks on Research Reports, Tips

Compare Nuvama Wealth vs SAMCO vs ProStocks on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs SAMCO vs ProStocks
  Nuvama Wealth SAMCO ProStocks
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 No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Nuvama Wealth vs SAMCO vs ProStocks on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs SAMCO vs ProStocks
  Nuvama Wealth SAMCO ProStocks
DP Source CDSL CDSL CDSL
DP ID 32300 54200 83200
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹400 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹10 ₹20 per ISIN
Demat ₹2 per certificate + ₹30 courier charges ₹10 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges CDSL charges + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹25 per transaction ₹50
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure 0.02% of transaction value (Min ₹50) ₹25 per transaction ₹50
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹25 per transaction ₹50
Failed Instruction Charges Nil Nil ₹50 per transaction
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs SAMCO vs ProStocks on Special Offers and Promotion

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

Compare Nuvama Wealth vs SAMCO vs ProStocks on Special Offers and Promotion
  Nuvama Wealth SAMCO ProStocks
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 with SAMCO at flat Rs. 20/order brokerage.
  • Giga trading engine powered new-gen mobile app and trading tools.
  • Zero brokerage mutual fund investment.
  • Get upto 4x leverage/margin in the equity cash segment.
  • Get margin against your holdings on StockPlus.
  • SAMCO offers BTPT (Buy Today, Pay Tomorrow) facility.
  • Equity SIP: Set up a stock SIP on the Stock Note App.
  • Place advanced orders like bracket order, cover order, and after market order.
  • Place a GTT order on Stock Note app with lifetime validity.
  • Get 100% brokerage cashback for the 1st
  • Free stock market learning course for beginners.
  • Very low payment gateway charges of just Rs. 6 + GST.
  • Zero hidden charges.

Detail Review...
  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...
  • SAMCO does not provide direct mutual funds.
  • You cannot open a 3-in-1 account with SAMCO.
  • NRI cannot open SAMCO NRI Demat & Trading Account.
  • Delivery trading in SAMCO is not free.
  • No monthly trading plans.
  • High Demat maintenance charges of Rs. 400 per year.

Detail Review...
  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...
Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquire for Nuvama Wealth Enquire for SAMCO Enquire for ProStocks

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