Nuvama Wealth Vs Sharekhan Vs Espresso Sharekhan: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Sharekhan ranges between 0.1 to 0.5%, while the brokerage of Espresso Sharekhan ranges between Rs 20. The broker Nuvama Wealth and Espresso Sharekhan are discount brokers where Sharekhan is a full service broker. Overall rating for Nuvama Wealth is 3.5, Sharekhan is rated 4, Espresso Sharekhan is rated 4 out of 5.

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

Compare 2 Brokers

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Service

	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
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...	Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...	Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms.
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Sharekhan offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Charges	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Trading Account Opening Fees	Free	Free	Rs. 354 (Free for limited time)
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. 400 PA
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Plan Options

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

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Plan Options
Plan Types	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Sharekhan	Espresso Sharekhan	Nuvama Wealth
Account Opening Request	Open Sharekhan Account Now>>	Open Espresso Sharekhan Account Now>>	Open Nuvama Wealth Account Now>>

Brokerage Charges

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhanon 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.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

Brokerage Charges - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Brokerage Charges Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Plan Name	Nuvama Lite	Sharkehan Brokerage Plan	Pay Only When You Profit
Equity Delivery	Flat Rs. 10 per executed order	0.30%	Free
Equity Intraday	Flat Rs. 10 per executed order	0.02%	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Rs. 10 per executed order	0.02%	0.03% or Rs 20 whichever is lower
Equity Options	Flat Rs. 10 per executed order	Rs 20 per lot	Flat Fee Rs 20
Currency Futures	Flat Rs. 10 per executed order	0.02%	0.03% or Rs 20 whichever is lower
Currency Options	Flat Rs. 10 per executed order	Rs 5 per lot	Flat Fee Rs 20
Commodity Trading	0.01%	Rs 20 per lot	0.03% or Rs 20 whichever is lower
Minimum Brokerage		Rs 20	NIL
Hidden Charges	Info Not Available	No
Call & Trade Charges	Rs 20 per call	Free	Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges	Rs 20	Free	Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for Sharekhan	Brokerage Calculator for Espresso Sharekhan

Share Broker's Transaction Charges

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Transaction Charges

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Transaction Charges Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
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 nuvama-wealth	Complete Brokerage Plans for sharekhan	Complete Brokerage Plans for espresso-sharekhan

Account Features

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Account Features

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan 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 Sharekhan offers NRI Trading where Espresso Sharekhan doesn't offers NRI Trading.

Account Features - Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Account Features Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
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	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Sharekhan vs Espresso Sharekhan. 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 Sharekhan vs Espresso Sharekhan
Trading Platform Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://www.sharekhan.com/	https://trade.myespresso.com/trading/login
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	Sharekhan	Espresso Mobile App
Mobile Trading App Demo	Nuvama Mobile Trader Demo	Sharekhan Demo	Espresso Mobile App Demo
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod Sharekhan Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS Sharekhan Download	iOS Espresso Mobile App Download
Android Tablet App
iPad App (IOS)
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 Sharekhan	Equity Intraday and Delivery Brokerage Calculator for Espresso Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for Sharekhan	Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for Sharekhan	Options Brokerage Calculator for Espresso Sharekhan
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for sharekhan	Detail on Trading Platforms for espresso-sharekhan

Broker Ratings by Users

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on User Rating

	Nuvama Wealth	Sharekhan	Espresso Sharekhan
	20 Customer Reviews	184 Customer Reviews	20 Customer Reviews
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	Sharekhan is Rated 3.6 / 5 based on 184 customer reviews	Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews

Investment Offerings

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Investment Offerings

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan 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 - Nuvama Wealth and Sharekhan offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth and Sharekhan offers PMS facility where Espresso Sharekhan doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Investment Offerings Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
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	SGB, Buyback, IPO

Order Types

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Order Types

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

Order Types - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
Order Type Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Customer Service

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan 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 Sharekhan vs Espresso Sharekhan
Customer Service Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	1800227500	022 6767 0700
Account Opening Process	Online/Paperless	Offline	100% online/paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.nuvamawealth.com/investology	https://www.sharekhan.com/help/hello	https://www.myespresso.com/the-espresso-blog
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042	Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra.
Website	https://www.nuvamawealth.com/	https://www.sharekhan.com	https://www.myespresso.com/

Tips/Research/Reports Published

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Research Reports, Tips

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
	Nuvama Wealth	Sharekhan	Espresso Sharekhan
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan
	Nuvama Wealth	Sharekhan	Espresso Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	32300	36000	36000
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹500 pa	₹400 pa
Advance Deposit	NIL	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges	Nil	Actual Stamp Paper Charges	Actual Stamp Paper Charges
Transaction Charges on Debit (Per ISIN)	0.02% of transaction value or ₹20 per transaction whichever is higher	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹2 per certificate + ₹30 courier charges	₹5 per certificate (Min 50 per request)	₹5 per certificate (Min 50 per request)
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹50 per certificate or ₹50 for every hundred securities	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	0.02% of transaction value (Min ₹50)	0.03% (Min ₹100)	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	Nil	NIL
Pledge Closure	0.02% of transaction value (Min ₹50)	Nil	NIL
Pledge Closure Confirmation	Nil	Nil	NIL
Pledge Invocation	0.02% of transaction value (Min ₹50)	Nil	NIL
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Special Offers and Promotion

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

Compare Nuvama Wealth vs Sharekhan vs Espresso Sharekhan on Special Offers and Promotion
	Nuvama Wealth	Sharekhan	Espresso Sharekhan
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...	Free account opening facility at zero fees. Multiple brokerage plans for traders and investors. In-house easy-to-use modern-technology web, app, and terminal-based trading platforms. Free mutual fund investment at Rs. 0 brokerage. Sharekhan NEO, a mutual fund Robo-advisory platform. Intraday trading tips, recommendations, and stock market research & advisory Invest in the basket of stocks (portfolio) and get timely recommendations. Margin trading facility, portfolio management services, and loan against securities. Free call and trade facility to customers. Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order. Free learning resources (Sharekhan classroom, articles & blogs) for stock market education. A dedicated team of 7500+ relationship managers. Detail Review...	No brokerage on losses. Pay Max Rs. 20 per order brokerage charges across segments. Zero brokerage on cash N carry (CNC) orders (delivery). Zero Demat AMC charges for 1^st Year Hassle-free fund transfer via UPI and net banking. Apply for buyback, NFO, and OFS at Rs. 20 per order + GST. Pre-IPO apply feature to apply for IPO. Free mobile app and Binge trading software for active traders. Integrated watchlists, free scanners, quick order placement, and split order functionality. Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank. EspressoLogy and Learning center to learn about the stock market. Place bracket order (BO) and after-market order. Free GTD (Good Till Date) order Margin trading facility. No hidden charges. 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 doesn’t allow opening a 3-in-1 account. High brokerage charge is the biggest drawback to trading with Sharekhan. Does not offer Direct mutual fund. Detail Review...	Espresso Sharekhan does not offer mutual funds. You cannot open an integrated 3-in-1 account. It *does not provide 247 customer support. NRI cannot open an account with Espresso Sharekhan. Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.** Detail Review...
Special Offers/Promo
	Enquire for Nuvama Wealth	Enquire for Sharekhan	Enquire for Espresso Sharekhan

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Transaction Charges Compare	Nuvama Wealth	Sharekhan	Espresso Sharekhan
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 nuvama-wealth	Complete Brokerage Plans for sharekhan	Complete Brokerage Plans for espresso-sharekhan