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The brokerage of TradeSmart ranges between Rs 15, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Groww ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for TradeSmart is 4, Nuvama Wealth is rated 3.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of TradeSmart vs Nuvama Wealth 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 TradeSmart vs Nuvama Wealth 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 TradeSmart vs Nuvama Wealth vs Groww in this setion with 360 degree view of broker information.
 TradeSmart |
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| Broker Type | Discount Broker | Discount Broker | Discount 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... |
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... |
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In this section we have compared TradeSmart vs Nuvama Wealth vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Groww offer Free account opening where TradeSmart charges Rs 200 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 Groww charges Free AMC for Demat account.
| Charges | TradeSmart | Nuvama Wealth | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Rs 200 | Free | Free |
| 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] | Free |
| Provide DP Service |  |
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Plans are the most important feature you look when compare TradeSmart vs Nuvama Wealth vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart and Nuvama Wealth offers Multiple Plans where Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | TradeSmart | Nuvama Wealth | Groww |
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| Multiple Plans | |
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| Yearly Plans | |
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| Zerodha | Nuvama Wealth | Zerodha | |
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| 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.
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 | TradeSmart | Nuvama Wealth | Groww |
|---|---|---|---|
| Plan Name | Flat Fee Rs 15 Trading Plan (Power Plan) | Nuvama Lite | Flat Brokerage Plan |
| Equity Delivery | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | Flat Fee Rs 15 | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
| Equity Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
| Equity Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
| Currency Futures | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Not Available |
| Currency Options | Flat Fee Rs 15 | Flat Rs. 10 per executed order | Not Available |
| Commodity Trading | Flat Fee Rs 15 | 0.01% | Not Available |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Funding | No | Yes - 24% interest PA | NA |
| Call & Trade Charges | Rs 20 per executed Order | Rs 20 per call | Rs 50 Per Executable Order |
| Auto Square off Charges | Rs 20 per executed Order | Rs 20 | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for TradeSmart | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Groww |
Compare TradeSmart vs Nuvama Wealth vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradeSmart | Nuvama Wealth | 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 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for trade-smart-online | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for groww |
Compare TradeSmart vs Nuvama Wealth 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 - Nuvama Wealth and Groww offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI Trading where TradeSmart and Groww doesn't offers NRI Trading.
| Account Features Compare | TradeSmart | Nuvama Wealth | Groww |
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| 3 in 1 Account | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| 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 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 | TradeSmart | Nuvama Wealth | Groww |
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| Desktop Trading Platform | NEST Trader & Fox Trader | Xtreme Trader | Groww App |
| Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
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| Web Trading Platform | |
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| Web Trading Detail |
https://sine.tradesmartonline.in/userMaster/login |
https://tlounge.edelweiss.in/Login |
Yes |
| Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Sine | Nuvama Mobile Trader | Groww App |
| Mobile Trading App Demo | Sine Demo | Nuvama Mobile Trader Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod Sine Download | Andriod Nuvama Mobile Trader Download | Andriod Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Sine Download | iOS Nuvama Mobile Trader Download | iOS Groww App Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Free | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradeSmart | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for Groww |
| Futures Brokerage Calculator | Futures Brokerage Calculator for TradeSmart | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for Groww |
| Options Brokerage Calculator | Options Brokerage Calculator for TradeSmart | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for Groww |
| Detail | Detail on Trading Platforms for trade-smart-online | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for groww |
| TradeSmart | Nuvama Wealth | Groww | ||
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34 Customer Reviews
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4 Customer Reviews
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8 Customer Reviews
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| 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 | Groww is Rated 4.3 / 5 based on 8 customer reviews |
Compare TradeSmart vs Nuvama Wealth 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 - TradeSmart and Nuvama Wealth offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - Nuvama Wealth and Groww 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 Groww doesn't offers PMS facility.
| Investment Offerings Compare | TradeSmart | Nuvama Wealth | Groww |
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| PMS Service | |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare TradeSmart vs Nuvama Wealth 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) - TradeSmart and Nuvama Wealth provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - TradeSmart provides Bracket Orders (BO) facility where Nuvama Wealth and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - TradeSmart and Nuvama Wealth AMO facility where Groww doesn't provides AMO. GTC Orders - All 3 brokers doesn't have GTC facility.
| Order Type Compare | TradeSmart | Nuvama Wealth | Groww |
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| CNC order | |
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| MIS order | |
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| GTC-Good Till Cancelled | |
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Compare TradeSmart vs Nuvama Wealth 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 Service Compare | TradeSmart | Nuvama Wealth | Groww |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 61208000 | 1800 102 3335 | 9108800604 |
| 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://groww.in/academy |
| 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 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://tradesmartonline.in/ | https://www.nuvamawealth.com/ | https://groww.in/ |
Compare TradeSmart vs Nuvama Wealth vs Groww on research reports and tips provided by broker.
| TradeSmart | Nuvama Wealth | Groww | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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Compare TradeSmart vs Nuvama Wealth vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| TradeSmart | Nuvama Wealth | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 30400 | 19100 | No |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free (₹1500 one time charges) | Zero |
| Advance Deposit | NIL | NIL | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹25 | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹500 per certificate (Min ₹500 per request) | ₹2 per certificate + ₹30 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹500 per certificate (Min ₹500 per request) | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹150 per certificate + courier charges |
| Pledge Creation | ₹200 per script ₹50 for trading margin each side |
0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | Nil | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹200 per script | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | Nil | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | ₹200 per script | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges | Nil | Nil | Nil |
Compare TradeSmart vs Nuvama Wealth vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| TradeSmart | Nuvama Wealth | Groww | |
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| 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
| Payout Time | Up to 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
| 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 | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
| 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 |
NA |
| Likes |
Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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| Dislikes |
There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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| Special Offers/Promo | Free Account Opening, Rs 400 Waived for a limited time. | ||
| Enquire for TradeSmart | Enquire for Nuvama Wealth | Enquire for Groww |
Last Updated on 2023-09-01T03:17:59+00:00
