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Nuvama Wealth Vs Zerodha Vs Espresso Sharekhan: 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 Espresso Sharekhan ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Zerodha is rated 4.5, Espresso Sharekhan is rated 4 out of 5.

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

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Service

  Nuvama Wealth Compare
Nuvama Wealth
Zerodha Compare
Zerodha
Espresso Sharekhan Compare
Espresso Sharekhan
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 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... 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. 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.
Broker Enquiry Request call back from Espresso Sharekhan Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Zerodha vs Espresso Sharekhan on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Zerodha 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, Zerodha charges Rs 300 PA AMC for Demat account, where Espresso Sharekhan charges Rs. 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
Charges Nuvama Wealth Zerodha Espresso Sharekhan
Trading Account Opening Fees Free 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] Rs 300 PA Rs. 400 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Plan Options

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

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Plan Options
Plan Types Nuvama Wealth Zerodha Espresso Sharekhan
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 Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhanon 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.

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 vs Zerodha vs Espresso Sharekhan
Brokerage Charges Compare Nuvama Wealth Zerodha Espresso Sharekhan
Plan Name Nuvama Lite Max Rs 20 per order Trading Plan Pay Only When You Profit
Equity Delivery Flat Rs. 10 per executed order Free Free
Equity Intraday Flat Rs. 10 per executed order 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures Flat Rs. 10 per executed order 0.03% 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 0.03% 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 NIL
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per call Rs 50 Per Executable Order Rs. 50 + GST per order placed through dealing desk
Auto Square off Charges Rs 20 Rs 50 Per Executable Order Rs. 50 + GST per order placed through dealing desk
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Zerodha Brokerage Calculator for Espresso Sharekhan
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
Transaction Charges Compare Nuvama Wealth Zerodha Espresso Sharekhan
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 zerodha Complete Brokerage Plans for espresso-sharekhan
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Account Features

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Account Features

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

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

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Zerodha 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.

Trading Platform - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
Trading Platform Compare Nuvama Wealth Zerodha Espresso Sharekhan
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

Zerodha Kite Web

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

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader Zerodha Kite App Espresso Mobile App
Mobile Trading App Demo Nuvama Mobile Trader Demo Zerodha Kite App Demo Espresso Mobile 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 Espresso Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
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 Espresso Sharekhan
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Espresso Sharekhan
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Espresso Sharekhan
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for zerodha Detail on Trading Platforms for espresso-sharekhan

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Broker Ratings by Users

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on User Rating

  Nuvama Wealth Zerodha Espresso Sharekhan
  20 Customer Reviews    Rate Nuvama Wealth 160 Customer Reviews    Rate Zerodha 20 Customer Reviews    Rate Espresso Sharekhan
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 Espresso Sharekhan is Rated 0.1 / 5 based on 20 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Investment Offerings

Compare Nuvama Wealth vs Zerodha 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 Zerodha offers online mutual fund investment where Espresso Sharekhan doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Zerodha and Espresso Sharekhan doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
Investment Offerings Compare Nuvama Wealth Zerodha Espresso Sharekhan
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes Yes
Mutual Funds Yes Yes No
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes Yes No
PMS Service Yes No No
Other Investment Options NIL NIL SGB, Buyback, IPO
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Customer Service Offered

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Customer Service

Compare Nuvama Wealth vs Zerodha 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 Support - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
Customer Service Compare Nuvama Wealth Zerodha Espresso Sharekhan
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 1800 102 3335 "+ 91 80 4040 2020" 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://zerodha.com/varsity/ https://www.myespresso.com/the-espresso-blog
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
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://zerodha.com/ https://www.myespresso.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Research Reports, Tips

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

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

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

Demat Charges - Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan
  Nuvama Wealth Zerodha Espresso Sharekhan
DP Source CDSL CDSL CDSL
DP ID 32300 81600 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 ₹50 Actual Stamp Paper Charges
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 0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat ₹2 per certificate + ₹30 courier charges ₹150 per certificate + ₹100 courier charges ₹5 per certificate (Min 50 per request)
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹50 per certificate or ₹50 for every hundred securities
Pledge Creation 0.02% of transaction value (Min ₹50) ₹20 + ₹12 CSDL charges 0.03% (Min ₹100)
Pledge Creation Confirmation Nil Nil NIL
Pledge Closure 0.02% of transaction value (Min ₹50) ₹20 + ₹12 CSDL charges NIL
Pledge Closure Confirmation Nil Nil NIL
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹20 NIL
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Zerodha vs Espresso Sharekhan on Special Offers and Promotion

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

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

  • 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...

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...

  • 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...

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.
Enquire for Nuvama Wealth Enquire for Zerodha Enquire for Espresso Sharekhan

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