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Share.Market Vs Nuvama Wealth: Which one is better?

Both the brokers are registered with SEBI. Share.Market offers investmenet in Equity, F&O and Currency only, where Nuvama Wealth offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Share.Market Max Rs 20 per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. Share.Market is having overall higher rating compare to Nuvama Wealth. Share.Market is rated 4 out of 5 where Nuvama Wealth is rated only out of 5. Number of active customer for Nuvama Wealth is 1,74,532 where number of active customer for Share.Market is 1,22,276. Nuvama Wealth is serving more customer compare to Share.Market.

Here we present side-by-side comparison of Share.Market vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Share.Market vs Nuvama Wealth's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Share.Market vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Share.Market vs Nuvama Wealth's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Share.Market vs Nuvama Wealth on Service

  Share.Market Compare
Share.Market
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 1,22,276 1,74,532
Broker Overview Share.Market by PhonePe despite being relatively a new brokerage house, its free account opening, lowest demat maintenance charges, Rs 20/order flat brokerage charges, user-friendly Share.Market mobile app and website, and expert-curated WealthBasket... Know more about Share.Market
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Share.Market vs Nuvama Wealth on Trading & Demat Account Opening Charges

Comparison of Share.Market with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Share.Market charges Rs 15 per month (Free for 1st Year) AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Share.Market with Nuvama Wealth
Charges Share.Market Nuvama Wealth
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 15 per month (Free for 1st Year) Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Share.Market vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare Share.Market with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Share.Market with Nuvama Wealth on Plan Options
Plan Types Share.Market Nuvama Wealth
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Share.Market vs Nuvama Wealth on Brokerage Charges

Share.Market Brokerage Plan detail - PhonePe Share.market offers a fixed flat brokerage model that charges you a maximum Rs 20 per order brokerage on equity intraday, delivery, and equity F&O 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.

Brokerage Charges - Compare Share.Market with Nuvama Wealth
Brokerage Charges Compare Share.Market Nuvama Wealth
Plan Name Flat Brokerage Plan Nuvama Lite
Equity Delivery 0.05% or Rs 20, whichever is lower Flat Rs. 10 per executed order
Equity Intraday 0.05% or Rs 20, whichever is lower Flat Rs. 10 per executed order
Equity Futures Flat Fee Rs 20 Flat Rs. 10 per executed order
Equity Options Flat Fee Rs 20 Flat Rs. 10 per executed order
Currency Futures NA Flat Rs. 10 per executed order
Currency Options NA Flat Rs. 10 per executed order
Commodity Trading NA 0.01%
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Call & Trade Charges NA Rs 20 per call
Auto Square off Charges Rs 30 per executed order Rs 20
Brokerage Calculator Brokerage Calculator for Share.Market Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Share.Market vs Nuvama Wealth on Transaction Charges

Compare Share.Market with Nuvama Wealth on transaction charges and PCM fee by segment.

Transaction Charges - Compare Share.Market with Nuvama Wealth
Transaction Charges Compare Share.Market Nuvama Wealth
Equity Delivery 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
Equity Futures 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
Currency Futures 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
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 share.market Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Share.Market vs Nuvama Wealth on Account Features

Compare Share.Market with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Nuvama Wealth offers Algo Trading where Share.Market doesn't offers Algo Trading. Margin Funding - Nuvama Wealth offers a margin funding where Share.Market doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI where Share.Market doesn't offers NRI Trading.

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

Compare Share.Market vs Nuvama Wealth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Share.Market and Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Share.Market with Nuvama Wealth
Trading Platform Compare Share.Market Nuvama Wealth
Web Trading Platform Yes Yes
Web Trading Detail Share.Market Website https://tlounge.edelweiss.in/Login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes
Mobile Trading App Share.Market app Nuvama Mobile Trader
Mobile Trading App Demo Share.Market app Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes
Android App Download Andriod Share.Market app Download Andriod Nuvama Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Share.Market app Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Share.Market Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Share.Market Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Share.Market Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for share.market Detail on Trading Platforms for nuvama-wealth

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Broker Ratings by Users

Compare Share.Market vs Nuvama Wealth on User Rating

  Share.Market Nuvama Wealth
  13 Customer Reviews    Rate Share.Market 20 Customer Reviews    Rate Nuvama Wealth
Fees Ratings 4.1 0.6
Trading Brokerage Rating 4.7 0.6
Trading Platform Usability 4.1 0.7
Customer Service Ratings 4.4 0.4
Overall Ratings 4.3 0.4
Broker Rating Share.Market is Rated 4.3 / 5 based on 13 customer reviews Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews
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Investment Offerings

Compare Share.Market vs Nuvama Wealth on Investment Offerings

Compare Share.Market with Nuvama Wealth 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Nuvama Wealth offers trading options in Commodity (MCX) where Share.Market doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where Share.Market doesn't offer

Investment Offerings - Compare Share.Market with Nuvama Wealth
Investment Offerings Compare Share.Market Nuvama Wealth
Equity Cash and F&O Yes Yes
Currency Deravitives No Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options WealthBasket NIL
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Customer Service Offered

Compare Share.Market vs Nuvama Wealth on Customer Service

Compare Share.Market with Nuvama Wealth on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Share.Market with Nuvama Wealth
Customer Service Compare Share.Market Nuvama Wealth
24/7 Customer Service Share.Market vs Nuvama Wealth - 24x7 customer support No No
Email Support Share.Market vs Nuvama Wealth - Email Support Yes Yes
Onine Live Chat Share.Market vs Nuvama Wealth - Onine Live Chat Yes No
Phone Support Share.Market vs Nuvama Wealth - Phone Support No Yes
Toll Free Number Share.Market vs Nuvama Wealth - Toll Free Number No Yes
Through Branches Share.Market vs Nuvama Wealth - Through Branches No Yes
Customer Care Number Share.Market vs Nuvama Wealth - Customer Care Number 080-68727687 1800 102 3335
Account Opening Process Share.Market vs Nuvama Wealth - Account Opening Process Paperless Online/Paperless
Customer Support Email Share.Market vs Nuvama Wealth - Customer Support Email [email protected]. [email protected]
Knowledge Center/Education Share.Market vs Nuvama Wealth - Knowledge Center/Education https://share.market/support/home/ https://www.nuvamawealth.com/investology
Head Office Address Share.Market vs Nuvama Wealth - Head Office Address/Corporate Address 2, Floor 3, Wing A, Block A, Salarpuria Softzone,
Bellandur Village, Varthur Hobli, Outer Ring Road,
Bangalore South, Bangalore , Karnataka - 560103
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Share.Market vs Nuvama Wealth - Company Website https://share.market/ https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Share.Market vs Nuvama Wealth on Research Reports, Tips

Compare Share.Market with Nuvama Wealth on research reports and tips provided by the broker.

Research Reports - Compare Share.Market with Nuvama Wealth
  Share.Market Nuvama Wealth
Research Mutual Funds Share.Market vs Nuvama Wealth - Research Mutual Funds No Yes
Research Equity Reports Share.Market vs Nuvama Wealth - Research Equity Reports No Yes
Research ETF Share.Market vs Nuvama Wealth - Research ETF No Yes
Daily Market Report Share.Market vs Nuvama Wealth - Daily Market Report No Yes
Free Tips Share.Market vs Nuvama Wealth - Free Tips No Yes
Quarterly Result Analysis Share.Market vs Nuvama Wealth - Quarterly Results No Yes
News Alerts Share.Market vs Nuvama Wealth - No Yes
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Demat Account

Compare Share.Market vs Nuvama Wealth on Demat Account

Compare Share.Market with Nuvama Wealth on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nuvama Wealth is Free (₹1500 one time charges) where for Share.Market is ₹15 pm. Nuvama Wealth is a better choice in terms of Demat AMC compare to Share.Market.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Share.Market is ₹13.50 where for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Share.Market with Nuvama Wealth
  Share.Market Nuvama Wealth
DP Source CDSL CDSL
DP ID Share.Market vs Nuvama Wealth - DP ID 96000 32300
Demat Account Annual Maintenance Charges(AMC) ₹15 pm Free (₹1500 one time charges)
Advance Deposit NIL NIL
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) ₹13.50 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹150 per certificate + Courier Charges ₹2 per certificate + ₹30 courier charges
Remat ₹150 per certificate + Courier Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹20 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹50 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Share.Market vs Nuvama Wealth on Special Offers and Promotion

Compare Share.Market with Nuvama Wealth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Share.Market vs Nuvama Wealth on Special Offers and Promotion
  Share.Market Nuvama Wealth
Likes
  • No onboarding fee and paperless account opening process
  • Lowest Demat account maintenance fee, Rs 15/month charged quarterly
  • It charges competitive brokerage fee of Rs 20/order like Groww, Zerodha, and Fyers.
  • WealthBasket, research-driven basket of stocks and ETFs for investment
  • User-friendly mobile app and web-based trading platforms for novice traders and investors.
  • Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order.
  • Stock factor analysis to pick right stock for investment
  • Pledge your holdings for margin trading

Detail Review...

  • 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...

Dislikes
  • Delivery trading is not free.
  • Commodity and currency trading not available.
  • Share.Market does not provide trading tips.
  • PhonePe does not offer direct mutual funds for investment.
  • NRI trading is not available.
  • No call & trade facility
  • Advance features such as trading from charts, basket order, GTT order are not available.
  • It does not provide zero brokerage unlimited trading plans.

Detail Review...

  • 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...

Special Offers/Promo Free Account Opening, No Demat AMC for 1st Year, Equity and F&O trading at Rs 20/order maximum brokerage, and No Hidden Charges
Enquiry Open Zerodha Account Now>> Open Nuvama Wealth Account Now>>

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