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 Zerodha ranges between Rs 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Zerodha and Nuvama Wealth are a discount brokers where AxisDirect is a full service broker. Overall rating for Zerodha is 4.5, Nuvama Wealth is rated 3.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Zerodha 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 Zerodha 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 Zerodha vs Nuvama Wealth vs AxisDirect in this setion with 360 degree view of broker information.
 Zerodha |
 Nuvama Wealth |
 AxisDirect |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Discount Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE, MCX | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. | 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 Zerodha vs Nuvama Wealth vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and Nuvama Wealth offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Zerodha 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 | Zerodha | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Free | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | 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 Zerodha vs Nuvama Wealth vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and AxisDirect offers Multiple Plans where Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Zerodha | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Multiple Plans |  |
|
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Nuvama Wealth | Zerodha | |
|---|---|---|---|
| Account Opening Request |
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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 | Zerodha | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| Plan Name | Max Rs 20 per order Trading Plan | Nuvama Lite | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | Free | Flat Rs. 10 per executed order | 0.50% (Each leg) |
| Equity Intraday | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each leg) |
| Equity Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | 0.03% or Rs 20 whichever is lower | Flat Rs. 10 per executed order | 0.05% (Each Leg) |
| Currency Options | Flat Fee Rs 20 | Flat Rs. 10 per executed order | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Flat Fee Rs 20 | 0.01% | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | NIL | ||
| Hidden Charges | No | Info Not Available | |
| Funding | Info Not Available | Yes - 24% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | Rs 50 Per Executable Order | Rs 20 per call | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Rs 50 Per Executable Order | Rs 20 | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Zerodha | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for AxisDirect |
Compare Zerodha vs Nuvama Wealth vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Zerodha | 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 zerodha | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for axisdirect |
Compare Zerodha 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 Zerodha 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 Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Zerodha | 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 | 3:20 PM | 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 Zerodha 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.
| Zerodha | Nuvama Wealth | AxisDirect | ||
|---|---|---|---|---|
160 Customer Reviews
 |
4 Customer Reviews
|
6 Customer Reviews
|
||
| Fees Ratings | ||||
| Trading Brokerage Rating | ||||
| Trading Platform Usability | ||||
| Customer Service Ratings | ||||
| Overall Ratings | ||||
| Broker Rating | Zerodha is Rated 3.9 / 5 based on 160 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 Zerodha 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Zerodha and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | Zerodha | 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 Zerodha 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) - 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 - Zerodha and AxisDirect offers Good Till Cancelled (GTC) orders facility where Nuvama Wealth doesn't provides GTC.
| Order Type Compare | Zerodha | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Zerodha 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 | Zerodha | Nuvama Wealth | AxisDirect |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | "+ 91 80 4040 2020" | 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://zerodha.com/varsity/ | https://www.nuvamawealth.com/investology | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
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://zerodha.com/ | https://www.nuvamawealth.com/ | https://simplehai.axisdirect.in |
Compare Zerodha vs Nuvama Wealth vs AxisDirect on research reports and tips provided by broker.
| Zerodha | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Zerodha vs Nuvama Wealth vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Zerodha | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 81600 | 19100 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free (₹1500 one time charges) | ₹500 pa |
| Advance Deposit | Nil | NIL | Nil |
| Statutory charges | ₹50 | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹8 + ₹5.50 (CDSL Charges) per transaction | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹10 |
| Demat | ₹150 per certificate + ₹100 courier charges | ₹2 per certificate + ₹30 courier charges | ₹3 per certificate |
| Remat | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | ₹20 + ₹12 CSDL charges | 0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Creation Confirmation | Nil | Nil | ₹25 |
| Pledge Closure | ₹20 + ₹12 CSDL charges | 0.02% of transaction value (Min ₹50) | ₹25 |
| Pledge Closure Confirmation | Nil | Nil | ₹25 |
| Pledge Invocation | ₹20 | 0.02% of transaction value (Min ₹50) | Nil |
| Failed Instruction Charges | ₹50 per instraction | Nil | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Zerodha vs Nuvama Wealth vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Zerodha | Nuvama Wealth | AxisDirect | |
|---|---|---|---|
| Pay In and Pay Out Options | pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite 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 | Max 24 hrs except for bank holidays | Upto 24 Hrs except Bank Holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | Info Not Available | NA |
| Bank Detail | HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
Direct from your Axis bank account. |
| Likes |
You will enjoy many benefits or advantages while trading with Zerodha;
|
|
|
| Dislikes |
|
|
|
| Special Offers/Promo | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. | 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 Zerodha | Enquire for Nuvama Wealth | Enquire for AxisDirect |
Last Updated on 2024-07-02T01:41:09+00:00
