FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Nuvama Wealth Vs Zerodha Vs Paytm Money: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Zerodha ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Zerodha is rated 4.5, Paytm Money is rated 4 out of 5.

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

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Service

  Nuvama Wealth Compare
Nuvama Wealth
Zerodha Compare
Zerodha
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
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... Know more about Nuvama Wealth 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. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Zerodha vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Zerodha charges Rs 300 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Zerodha vs Paytm Money
Charges Nuvama Wealth Zerodha Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Plan Options

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

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Plan Options
Plan Types Nuvama Wealth Zerodha Paytm Money
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Nuvama Wealth Paytm Money
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Zerodha vs Paytm Moneyon 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.

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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Nuvama Wealth vs Zerodha vs Paytm Money
Brokerage Charges Compare Nuvama Wealth Zerodha Paytm Money
Plan Name Nuvama Lite Max Rs 20 per order Trading Plan Flat Brokerage Plan
Equity Delivery Flat Rs. 10 per executed order Free 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 10 per executed order 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs. 10 per executed order 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Rs. 10 per executed order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs. 10 per executed order 0.03% or Rs 20 whichever is lower NA
Currency Options Flat Rs. 10 per executed order Flat Fee Rs 20 NA
Commodity Trading 0.01% Flat Fee Rs 20 NA
Minimum Brokerage NIL
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per call Rs 50 Per Executable Order Rs 100/order +GST
Auto Square off Charges Rs 20 Rs 50 Per Executable Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Zerodha Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Transaction Charges

Compare Nuvama Wealth vs Zerodha vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Zerodha vs Paytm Money
Transaction Charges Compare Nuvama Wealth Zerodha Paytm Money
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 NA
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for zerodha Complete Brokerage Plans for paytm-money
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Account Features

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Account Features

Compare Nuvama Wealth vs Zerodha vs Paytm Money 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 offers margin funding where Zerodha and Paytm Money doesn't offers margin funding. NRI Trading - Nuvama Wealth and Zerodha offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - Nuvama Wealth vs Zerodha vs Paytm Money
Account Features Compare Nuvama Wealth Zerodha Paytm Money
3 in 1 Account No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:20 PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Zerodha vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Zerodha vs Paytm Money. 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 Zerodha vs Paytm Money
Trading Platform Compare Nuvama Wealth Zerodha Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

Zerodha Kite Web

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader Zerodha Kite App Paytm Money App
Mobile Trading App Demo Nuvama Mobile Trader Demo Zerodha Kite App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS Zerodha Kite App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for zerodha Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Nuvama Wealth vs Zerodha vs Paytm Money on User Rating

  Nuvama Wealth Zerodha Paytm Money
  20 Customer Reviews    Rate Nuvama Wealth 160 Customer Reviews    Rate Zerodha 20 Customer Reviews    Rate Paytm Money
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 Zerodha is Rated 3.9 / 5 based on 160 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Investment Offerings

Compare Nuvama Wealth vs Zerodha vs Paytm Money 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 - Nuvama Wealth and Zerodha offers Commodity Trading where Paytm Money doesn't 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 Paytm Money doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Zerodha vs Paytm Money
Investment Offerings Compare Nuvama Wealth Zerodha Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application No Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No No
Other Investment Options NIL NIL
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Order Types

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Order Types

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

Order Types - Compare Nuvama Wealth vs Zerodha vs Paytm Money
Order Type Compare Nuvama Wealth Zerodha Paytm Money
CNC order No No No
MIS order No No No
NRML order No No No
Cover order No No No
Bracket order No No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
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Customer Service Offered

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Customer Service

Compare Nuvama Wealth vs Zerodha vs Paytm Money 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 Zerodha vs Paytm Money
Customer Service Compare Nuvama Wealth Zerodha Paytm Money
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes No
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800 102 3335 "+ 91 80 4040 2020" NA
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://zerodha.com/varsity/ https://www.paytmmoney.com/care
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.nuvamawealth.com/ https://zerodha.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Research Reports, Tips

Compare Nuvama Wealth vs Zerodha vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs Zerodha vs Paytm Money
  Nuvama Wealth Zerodha Paytm Money
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
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Demat Account

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Zerodha vs Paytm Money
  Nuvama Wealth Zerodha Paytm Money
DP Source CDSL CDSL CDSL
DP ID 32300 81600 88800
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹300 pa Zero
Advance Deposit NIL Nil Nil
Statutory charges Nil ₹50 Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹8 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹2 per certificate + ₹30 courier charges ₹150 per certificate + ₹100 courier charges ₹250 per 100 shares
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹250 per 100 shares
Pledge Creation 0.02% of transaction value (Min ₹50) ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure 0.02% of transaction value (Min ₹50) ₹20 + ₹12 CSDL charges ₹32 per ISIN
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹20 ₹32 per ISIN
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Special Offers and Promotion

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

Compare Nuvama Wealth vs Zerodha vs Paytm Money on Special Offers and Promotion
  Nuvama Wealth Zerodha Paytm Money
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

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.
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