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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 Espresso Sharekhan ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Upstox is rated 4.5, Espresso Sharekhan is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs Upstox vs Espresso Sharekhan 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 Espresso Sharekhan 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 Espresso Sharekhan in this setion with 360 degree view of broker information.
 Nuvama Wealth |
 Upstox |
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| Broker Type | Discount Broker | Discount Broker | Discount Broker |
| Exchanges Supported | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX | BSE, NSE, MCX |
| 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. | 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. |
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In this section we have compared Nuvama Wealth vs Upstox vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth charges Free for account opening, Upstox charges Promotion offer: Free for account opeing, and 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, Upstox charges Free AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.
| Charges | Nuvama Wealth | Upstox | Espresso Sharekhan |
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| Trading Account Opening Fees | Free | Promotion offer: Free | Rs. 354 (Free for limited time) |
| 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 Espresso Sharekhan. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth offers Multiple Plans where Upstox and Espresso Sharekhan doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Nuvama Wealth | Upstox | Espresso Sharekhan |
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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.
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.
| Brokerage Charges Compare | Nuvama Wealth | Upstox | Espresso Sharekhan |
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| Plan Name | Nuvama Lite | Max Rs 20 Per Order Trading Plan | Pay Only When You Profit |
| 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 | 0.03% or Rs 20 whichever is lower |
| Equity Futures | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower | 0.03% 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 | 0.05% or Rs 20 whichever is lower | 0.03% or Rs 20 whichever is lower |
| Currency Options | Flat Rs. 10 per executed order | Flat Fee Rs 20 | Flat Fee Rs 20 |
| Commodity Trading | 0.01% | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower |
| Minimum Brokerage | NIL | ||
| Hidden Charges | Info Not Available | Info Not Available | |
| Call & Trade Charges | Rs 20 per call | Rs 50 + 18% GST | Rs. 50 + GST per order placed through dealing desk |
| Auto Square off Charges | Rs 20 | Rs 50 + 18% GST | Rs. 50 + GST per order placed through dealing desk |
| Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Upstox | Brokerage Calculator for Espresso Sharekhan |
Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Nuvama Wealth | Upstox | Espresso Sharekhan |
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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 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for upstox | Complete Brokerage Plans for espresso-sharekhan |
Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan 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 Espresso Sharekhan offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth offers NRI Trading where Upstox and Espresso Sharekhan doesn't offers NRI Trading.
| Account Features Compare | Nuvama Wealth | Upstox | Espresso Sharekhan |
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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 Espresso Sharekhan. 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 | Espresso Sharekhan | ||
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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 | Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews |
Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan 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 - Nuvama Wealth and Upstox offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Upstox and Espresso Sharekhan doesn't offers PMS facility.
| Investment Offerings Compare | Nuvama Wealth | Upstox | Espresso Sharekhan |
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| Other Investment Options | NIL | NIL | SGB, Buyback, IPO |
Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan 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 | Espresso Sharekhan |
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| Customer Care Number | 1800 102 3335 | +91 22 6130 9999 | 022 6767 0700 |
| Account Opening Process | Online/Paperless | Online/Paperless | 100% 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://www.myespresso.com/the-espresso-blog |
| 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 |
Sharekhan Comtrade Private Limited Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. |
| Website | https://www.nuvamawealth.com/ | https://upstox.com/ | https://www.myespresso.com/ |
Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan on research reports and tips provided by broker.
| Nuvama Wealth | Upstox | Espresso Sharekhan | |
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Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Nuvama Wealth | Upstox | Espresso Sharekhan | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 32300 | 81800 | 36000 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | ₹300 PA | ₹400 pa |
| Advance Deposit | NIL | NIL | Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) |
| Statutory charges | Nil | Nil | Actual Stamp Paper Charges |
| Transaction Charges on Debit (Per ISIN) | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹13 + ₹5.50 CDSL charges | 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) |
| Demat | ₹2 per certificate + ₹30 courier charges | ₹20 + ₹50 courier charges | ₹5 per certificate (Min 50 per request) |
| 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) | ₹50 per certificate or ₹50 for every hundred securities |
| Pledge Creation | 0.02% of transaction value (Min ₹50) | 0.02% of the transaction value (Min ₹50) + CDSL charges | 0.03% (Min ₹100) |
| 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 | NIL |
| 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) | NIL |
| Failed Instruction Charges | Nil | ₹50 | Nil |
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Compare Nuvama Wealth vs Upstox vs Espresso Sharekhan on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Nuvama Wealth | Upstox | Espresso Sharekhan | |
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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 Espresso Sharekhan |
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