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 TradeSmart ranges between Rs 15, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker TradeSmart and Nuvama Wealth are a discount brokers where AxisDirect is a full service broker. Overall rating for TradeSmart is 4, Nuvama Wealth is rated 3.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of TradeSmart vs Nuvama Wealth vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared TradeSmart vs Nuvama Wealth vs AxisDirect 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 TradeSmart vs Nuvama Wealth vs AxisDirect in this setion with 360 degree view of broker information.
 TradeSmart |
 Nuvama Wealth |
 AxisDirect |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. | 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... |
Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... |
| Broker Enquiry |
|
|
|
In this section we have compared TradeSmart vs Nuvama Wealth vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening, Nuvama Wealth charges Free for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Rs 200 | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Rs 200 | Free | Free |
| Demat AMC | Rs 300 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 750 PA (Free for 1st year) |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare TradeSmart vs Nuvama Wealth vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers offers Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Multiple Plans | |
|
|
| Monthly Plans |  |
|
|
| Yearly Plans | |
|
|
| Zerodha | Nuvama Wealth | Zerodha | |
|---|---|---|---|
| Account Opening Request |
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
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.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Nuvama Lite | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.50% (Each leg) |
| Equity Intraday | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.05% (Each Leg) |
| Currency Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Flat Fee Rs 15 | 0.01% | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Yes - 24% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | Rs 20 per executed Order | Rs 20 per call | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 20 per executed Order | Rs 20 | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for AxisDirect |
Compare TradeSmart vs Nuvama Wealth vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| 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 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 trade-smart-online | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for axisdirect |
Compare TradeSmart vs Nuvama Wealth vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where TradeSmart and Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth and AxisDirect offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Nuvama Wealth and AxisDirect offers NRI Trading where TradeSmart doesn't offers NRI Trading.
| Account Features Compare | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| 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 | 2:45 PM |
| NRI Trading | |
|
|
| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart vs Nuvama Wealth vs AxisDirect. 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.
| TradeSmart | Nuvama Wealth | AxisDirect | ||
|---|---|---|---|---|
34 Customer Reviews
 |
4 Customer Reviews
|
6 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | TradeSmart is Rated 4.0 / 5 based on 34 customer reviews | Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare TradeSmart vs Nuvama Wealth vs AxisDirect 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 AxisDirect offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where TradeSmart and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| 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 TradeSmart vs Nuvama Wealth vs AxisDirect 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) - TradeSmart provides Bracket Orders (BO) facility where Nuvama Wealth and AxisDirect 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 - AxisDirect offers Good Till Cancelled (GTC) orders facility where TradeSmart and Nuvama Wealth doesn't provides GTC.
| Order Type Compare | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare TradeSmart vs Nuvama Wealth vs AxisDirect 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 | TradeSmart | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022 61208000 | 1800 102 3335 | 022-61480808 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://help.tradesmartonline.in/ | https://www.nuvamawealth.com/investology | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://tradesmartonline.in/ | https://www.nuvamawealth.com/ | https://simplehai.axisdirect.in |
Compare TradeSmart vs Nuvama Wealth vs AxisDirect on research reports and tips provided by broker.
| TradeSmart | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare TradeSmart vs Nuvama Wealth vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| TradeSmart | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 30400 | 19100 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free (₹1500 one time charges) | ₹500 pa |
| Advance Deposit | NIL | NIL | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹25 | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹10 |
| Demat | ₹500 per certificate (Min ₹500 per request) | ₹2 per certificate + ₹30 courier charges | ₹3 per certificate |
| Remat | ₹500 per certificate (Min ₹500 per request) | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹200 per script ₹50 for trading margin each side |
0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Creation Confirmation | Nil | Nil | ₹25 |
| Pledge Closure | ₹200 per script | 0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Closure Confirmation | Nil | Nil | ₹25 |
| Pledge Invocation | ₹200 per script | 0.02% of transaction value (Min ₹50) | Nil |
| Failed Instruction Charges | Nil | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Nuvama Wealth vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| TradeSmart | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST 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 |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time | Up to 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. | Info Not Available | NA |
| Bank Detail | VNS Finance and Capital Services Ltd., Account Number:VNS095XXXXXXX Bank and Branch: Yes Bank,CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
Direct from your Axis bank account. |
| Likes |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
|
|
|
| Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
|
|
|
| Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquire for TradeSmart | Enquire for Nuvama Wealth | Enquire for AxisDirect |
Last Updated on 2023-09-01T03:17:59+00:00
