FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Nuvama Wealth Vs Finvasia Vs Geojit: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Geojit ranges between .03 to .3%. The broker Nuvama Wealth and Finvasia are a discount brokers where Geojit is a full service broker. Overall rating for Nuvama Wealth is 3.5, Finvasia is rated 4, Geojit is rated 4 out of 5.

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

Compare Nuvama Wealth vs Finvasia vs Geojit on Service

  Nuvama Wealth Compare
Nuvama Wealth
Finvasia Compare
Finvasia
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
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 Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Finvasia vs Geojit on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Finvasia vs Geojit 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, Finvasia charges Free AMC for Demat account, where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Finvasia vs Geojit
Charges Nuvama Wealth Finvasia Geojit
Trading Account Opening Fees Free Free Free
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 700 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Finvasia vs Geojit on Plan Options

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

Compare Nuvama Wealth vs Finvasia vs Geojit on Plan Options
Plan Types Nuvama Wealth Finvasia Geojit
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 Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Finvasia vs Geojiton 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.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Brokerage Charges - Compare Nuvama Wealth vs Finvasia vs Geojit
Brokerage Charges Compare Nuvama Wealth Finvasia Geojit
Plan Name Nuvama Lite Zero Brokerage Trading Plan Online Trading Plan (Percentage Based)
Equity Delivery Flat Rs. 10 per executed order Rs 0 0.30% or 30 paisa
Equity Intraday Flat Rs. 10 per executed order Rs 0 0.03% or 3 paisa
Equity Futures Flat Rs. 10 per executed order Rs 0 0.01%
Equity Options Flat Rs. 10 per executed order Rs 0 Rs 50 Per Lot
Currency Futures Flat Rs. 10 per executed order Rs 0 0.03% or 3 paisa
Currency Options Flat Rs. 10 per executed order Rs 0 Rs 50 Per Lot
Commodity Trading 0.01% Rs 0 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage NA 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per call Free Free
Auto Square off Charges Rs 20 Free Free
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Finvasia Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Finvasia vs Geojit on Transaction Charges

Compare Nuvama Wealth vs Finvasia vs Geojit on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Finvasia vs Geojit
Transaction Charges Compare Nuvama Wealth Finvasia Geojit
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for finvasia Complete Brokerage Plans for geojit
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Account Features

Compare Nuvama Wealth vs Finvasia vs Geojit on Account Features

Compare Nuvama Wealth vs Finvasia vs Geojit 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 Geojit offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.

Account Features - Nuvama Wealth vs Finvasia vs Geojit
Account Features Compare Nuvama Wealth Finvasia Geojit
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 Geojit 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 3:15 PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Finvasia vs Geojiton Trading Platform

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

https://tlounge.edelweiss.in/Login

https://trade.finvasia.com/

https://selfie.geojit.net/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader SCALPERT SELFIE Geojit
Mobile Trading App Demo Nuvama Mobile Trader Demo SCALPERT Demo SELFIE Geojit Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No No
iOS App Download iOS Nuvama Mobile Trader Download Info Not Available iOS SELFIE Geojit Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No No
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for finvasia Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare Nuvama Wealth vs Finvasia vs Geojit on User Rating

  Nuvama Wealth Finvasia Geojit
  20 Customer Reviews    Rate Nuvama Wealth 17 Customer Reviews    Rate Finvasia 79 Customer Reviews    Rate Geojit
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 Finvasia is Rated 4.2 / 5 based on 17 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Finvasia vs Geojit on Investment Offerings

Compare Nuvama Wealth vs Finvasia vs Geojit 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 - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth and Geojit offers PMS facility where Finvasia doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Finvasia vs Geojit
Investment Offerings Compare Nuvama Wealth Finvasia Geojit
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes No
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
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 No Yes
PMS Service Yes No Yes
Other Investment Options NIL NIL Insurance
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Customer Service Offered

Compare Nuvama Wealth vs Finvasia vs Geojit on Customer Service

Compare Nuvama Wealth vs Finvasia vs Geojit 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 Finvasia vs Geojit
Customer Service Compare Nuvama Wealth Finvasia Geojit
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes No Yes
Customer Care Number 1800 102 3335 Support: +91 9779 097 777/Sales: +91 9098 001 001 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Online/Paperless Online/Paperless Offline
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://finvasia.com/announcements https://insights.geojit.com/
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Website https://www.nuvamawealth.com/ https://www.finvasia.com/ https://www.geojit.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Finvasia vs Geojit on Research Reports, Tips

Compare Nuvama Wealth vs Finvasia vs Geojit on research reports and tips provided by broker.

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

Compare Nuvama Wealth vs Finvasia vs Geojit on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Finvasia vs Geojit
  Nuvama Wealth Finvasia Geojit
DP Source CDSL CDSL CDSL
DP ID 32300 84300 48900
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) Free ₹600 pa
Advance Deposit NIL Rs 0 NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹9 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹2 per certificate + ₹30 courier charges ₹15 per certificate ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹15 for every hundred securities + CDSL Charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹25 per transaction ₹50 per transaction
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure 0.02% of transaction value (Min ₹50) ₹25 per transaction Nil
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹19 per transaction ₹50 per transaction
Failed Instruction Charges Nil ₹49 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Finvasia vs Geojit on Special Offers and Promotion

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

Compare Nuvama Wealth vs Finvasia vs Geojit on Special Offers and Promotion
  Nuvama Wealth Finvasia Geojit
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-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

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...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
Enquire for Nuvama Wealth Enquire for Finvasia Enquire for Geojit

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