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The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Upstox ranges between Rs 20, while the brokerage of Alice Blue ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Upstox is rated 4.5, Alice Blue is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs Upstox vs Alice Blue 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 Upstox vs Alice Blue 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 Upstox vs Alice Blue in this setion with 360 degree view of broker information.
 Nuvama Wealth |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| 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...  |
Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. | Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders. |
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In this section we have compared Nuvama Wealth vs Upstox vs Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Alice Blue offer Free account opening where Upstox charges Promotion offer: Free for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Upstox charges Free AMC for Demat account, where Alice Blue charges Rs 400 PA AMC for Demat account.
| Charges | Nuvama Wealth | Upstox | Alice Blue |
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| Trading Account Opening Fees | Free | Promotion offer: 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] | Free | Rs 400 PA |
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Plans are the most important feature you look when compare Nuvama Wealth vs Upstox vs Alice Blue. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and Alice Blue offers Multiple Plans where Upstox doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Nuvama Wealth | Upstox | Alice Blue |
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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.
Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.
Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.
| Brokerage Charges Compare | Nuvama Wealth | Upstox | Alice Blue |
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| Plan Name | Nuvama Lite | Max Rs 20 Per Order Trading Plan | F15 Plan |
| Equity Delivery | Flat Rs. 10 per executed order | 2.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| Equity Futures | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 15 whichever is lower |
| 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 | 0.05% or Rs 15 whichever is lower |
| Currency Options | Flat Rs. 10 per executed order | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Commodity Trading | 0.01% | Flat Fee Rs 20 | Flat Fee Rs 15 |
| Minimum Brokerage | NA | ||
| Hidden Charges | Info Not Available | Info Not Available | |
| Call & Trade Charges | Rs 20 per call | Rs 50 + 18% GST | Rs 50 per order + GST |
| Auto Square off Charges | Rs 20 | Rs 50 + 18% GST | Rs 50 per order + GST |
| Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Upstox | Brokerage Calculator for Alice Blue |
Compare Nuvama Wealth vs Upstox vs Alice Blue on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Nuvama Wealth | Upstox | Alice Blue |
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| 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for upstox | Complete Brokerage Plans for alice-blue |
Compare Nuvama Wealth vs Upstox vs Alice Blue on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 Account where Nuvama Wealth and Alice Blue offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth and Upstox offers margin funding where Alice Blue doesn't offers margin funding. NRI Trading - Nuvama Wealth and Alice Blue offers NRI Trading where Upstox doesn't offers NRI Trading.
| Account Features Compare | Nuvama Wealth | Upstox | Alice Blue |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM | 3:15 PM |
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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 Nuvama Wealth vs Upstox vs Alice Blue. 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.
| Nuvama Wealth | Upstox | Alice Blue | ||
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20 Customer Reviews
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12 Customer Reviews
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20 Customer Reviews
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| Broker Rating | Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews | Upstox is Rated 3.7 / 5 based on 12 customer reviews | Alice Blue is Rated 0.9 / 5 based on 20 customer reviews |
Compare Nuvama Wealth vs Upstox vs Alice Blue 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Upstox and Alice Blue doesn't offers PMS facility.
| Investment Offerings Compare | Nuvama Wealth | Upstox | Alice Blue |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Nuvama Wealth vs Upstox vs Alice Blue 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 - Upstox offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth and Alice Blue doesn't provides GTC.
| Order Type Compare | Nuvama Wealth | Upstox | Alice Blue |
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Compare Nuvama Wealth vs Upstox vs Alice Blue 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 | Nuvama Wealth | Upstox | Alice Blue |
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| Customer Care Number | 1800 102 3335 | +91 22 6130 9999 | 08035215000/080-45490850 |
| 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://upstox.com/help-center/ | https://tradeschool.aliceblueonline.com/ |
| Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013 |
Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063 |
| Website | https://www.nuvamawealth.com/ | https://upstox.com/ | https://www.aliceblueonline.com |
Compare Nuvama Wealth vs Upstox vs Alice Blue on research reports and tips provided by broker.
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Compare Nuvama Wealth vs Upstox vs Alice Blue on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Nuvama Wealth | Upstox | Alice Blue | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 32300 | 81800 | 85300 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | ₹300 PA | ₹400 pa |
| Advance Deposit | NIL | NIL | Rs 0 |
| Statutory charges | Nil | Nil | Rs 150 Stamp Charges |
| Transaction Charges on Debit (Per ISIN) | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹13 + ₹5.50 CDSL charges | 0.04% of the value of the transaction |
| Demat | ₹2 per certificate + ₹30 courier charges | ₹20 + ₹50 courier charges | ₹10 per certificate + ₹50 courier charges |
| Remat | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) | ₹30 per certificate + CDSL charges |
| Pledge Creation | 0.02% of transaction value (Min ₹50) | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Creation Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Closure | 0.02% of transaction value (Min ₹50) | 0.02% of the transaction value (Min ₹50) + CDSL charges | ₹20 + CDSL charges |
| Pledge Closure Confirmation | Nil | 0.02% of the transaction value (Min ₹50) + CDSL charges | Nil |
| Pledge Invocation | 0.02% of transaction value (Min ₹50) | 0.05% of the transaction value (Min ₹50) | ₹20 + CDSL charges |
| Failed Instruction Charges | Nil | ₹50 | Nil |
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Compare Nuvama Wealth vs Upstox vs Alice Blue on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Nuvama Wealth | Upstox | Alice Blue | |
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| Likes |
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Before you open an Upstox account, check out the advantages on why to trade with Upstox.
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There are some setbacks or disadvantages also while trading with Upstox;
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| Special Offers/Promo | Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs | ||
| Enquire for Nuvama Wealth | Enquire for Upstox | Enquire for Alice Blue |
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