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Nuvama Wealth Vs Espresso Sharekhan Vs Paytm Money: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Espresso Sharekhan 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, Espresso Sharekhan is rated 4, Paytm Money is rated 4 out of 5.

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

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Service

  Nuvama Wealth Compare
Nuvama Wealth
Espresso Sharekhan Compare
Espresso Sharekhan
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 BSE, NSE, 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 Espresso, a part of Sharekhan offers the lowest brokerage online trading services at Rs. 20 flat brokerages on profitable intraday trades, and no brokerage on delivery and loss-making trades on the Beta-tested app and desktop trading platforms. 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 Espresso Sharekhan 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 Espresso Sharekhan vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Paytm Money offer Free account opening where Espresso Sharekhan charges Rs. 354 (Free for limited time) for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Espresso Sharekhan charges Rs. 400 PA AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money
Charges Nuvama Wealth Espresso Sharekhan Paytm Money
Trading Account Opening Fees Free Rs. 354 (Free for limited time) 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. 400 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Plan Options

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

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Plan Options
Plan Types Nuvama Wealth Espresso Sharekhan 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

  Espresso Sharekhan Nuvama Wealth Paytm Money
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Espresso Sharekhan 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.

Espresso Sharekhan Brokerage Plan detail - Pay only when you profit is a flat brokerage plan that offers free delivery trading and charges Max Rs. 20 per order brokerage on equity intraday, F&O, commodity, and currency only in case of profit. There will be NIL brokerage fee in case of loss.

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 Espresso Sharekhan vs Paytm Money
Brokerage Charges Compare Nuvama Wealth Espresso Sharekhan Paytm Money
Plan Name Nuvama Lite Pay Only When You Profit 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% 0.03% or Rs 20 whichever is lower NA
Minimum Brokerage NIL
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per call Rs. 50 + GST per order placed through dealing desk Rs 100/order +GST
Auto Square off Charges Rs 20 Rs. 50 + GST per order placed through dealing desk Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Espresso Sharekhan Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money
Transaction Charges Compare Nuvama Wealth Espresso Sharekhan 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 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for espresso-sharekhan Complete Brokerage Plans for paytm-money
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Account Features

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Account Features

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

Account Features - Nuvama Wealth vs Espresso Sharekhan vs Paytm Money
Account Features Compare Nuvama Wealth Espresso Sharekhan 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 No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity No Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes No No
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Espresso Sharekhan 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 Espresso Sharekhan 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 Espresso Sharekhan vs Paytm Money
Trading Platform Compare Nuvama Wealth Espresso Sharekhan Paytm Money
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

https://trade.myespresso.com/trading/login

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader Espresso Mobile App Paytm Money App
Mobile Trading App Demo Nuvama Mobile Trader Demo Espresso Mobile App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod Espresso Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS Espresso Mobile 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 Espresso Sharekhan Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Espresso Sharekhan Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Espresso Sharekhan Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for espresso-sharekhan Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on User Rating

  Nuvama Wealth Espresso Sharekhan Paytm Money
  20 Customer Reviews    Rate Nuvama Wealth 20 Customer Reviews    Rate Espresso Sharekhan 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 Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews Paytm Money is Rated 0.9 / 5 based on 20 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Investment Offerings

Compare Nuvama Wealth vs Espresso Sharekhan 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 Espresso Sharekhan offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - Nuvama Wealth and Paytm Money offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Espresso Sharekhan and Paytm Money doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money
Investment Offerings Compare Nuvama Wealth Espresso Sharekhan 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 No Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes No Yes
Equity SIP Investment Yes No Yes
PMS Service Yes No No
Other Investment Options NIL SGB, Buyback, IPO
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Customer Service Offered

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Customer Service

Compare Nuvama Wealth vs Espresso Sharekhan 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 Espresso Sharekhan vs Paytm Money
Customer Service Compare Nuvama Wealth Espresso Sharekhan 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 No No
Customer Care Number 1800 102 3335 022 6767 0700 NA
Account Opening Process Online/Paperless 100% online/paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://www.myespresso.com/the-espresso-blog https://www.paytmmoney.com/care
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Sharekhan Comtrade Private Limited
Lodha iThink Techno Campus, 10th Floor, Beta Building,
Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East),
Mumbai - 400 042, Maharashtra.
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.nuvamawealth.com/ https://www.myespresso.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Research Reports, Tips

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

Research Reports - Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money
  Nuvama Wealth Espresso Sharekhan 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 Espresso Sharekhan vs Paytm Money on Demat Account

Compare Nuvama Wealth vs Espresso Sharekhan 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 Espresso Sharekhan vs Paytm Money
  Nuvama Wealth Espresso Sharekhan Paytm Money
DP Source CDSL CDSL CDSL
DP ID 32300 36000 88800
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹400 pa Zero
Advance Deposit NIL Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil
Statutory charges Nil Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10 per ISIN
Demat ₹2 per certificate + ₹30 courier charges ₹5 per certificate (Min 50 per request) ₹250 per 100 shares
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹50 per certificate or ₹50 for every hundred securities ₹250 per 100 shares
Pledge Creation 0.02% of transaction value (Min ₹50) 0.03% (Min ₹100) ₹32 per ISIN
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure 0.02% of transaction value (Min ₹50) NIL ₹32 per ISIN
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) NIL ₹32 per ISIN
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Espresso Sharekhan vs Paytm Money on Special Offers and Promotion

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

  • No brokerage on losses.
  • Pay Max Rs. 20 per order brokerage charges across segments.
  • Zero brokerage on cash N carry (CNC) orders (delivery).
  • Zero Demat AMC charges for 1st Year
  • Hassle-free fund transfer via UPI and net banking.
  • Apply for buyback, NFO, and OFS at Rs. 20 per order + GST.
  • Pre-IPO apply feature to apply for IPO.
  • Free mobile app and Binge trading software for active traders.
  • Integrated watchlists, free scanners, quick order placement, and split order functionality.
  • Zero payment gateway charges on Axis, HDFC, ICICI, IDBI, IndusInd, and Kotak Mahindra Bank.
  • EspressoLogy and Learning center to learn about the stock market.
  • Place bracket order (BO) and after-market order.
  • Free GTD (Good Till Date) order
  • Margin trading facility.
  • No hidden charges.

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...

  • Espresso Sharekhan does not offer mutual funds.
  • You cannot open an integrated 3-in-1 account.
  • It does not provide 24*7 customer support.
  • NRI cannot open an account with Espresso Sharekhan.
  • Espresso Sharekhan Trade Booster is 7-day paid stock market learning platform.

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
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