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

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of HDFC Sky ranges between Rs 20. The broker Nuvama Wealth and HDFC Sky are discount brokers where Geojit is a full service broker. Overall rating for Nuvama Wealth is 3.5, Geojit is rated 4, HDFC Sky is rated 4 out of 5.

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

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Service

  Nuvama Wealth Compare
Nuvama Wealth
Geojit Compare
Geojit
HDFC Sky Compare
HDFC Sky
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, 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 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 HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky
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 Geojit vs HDFC Sky on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Geojit vs HDFC Sky 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, Geojit charges Rs 700 PA AMC for Demat account, where HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Geojit vs HDFC Sky
Charges Nuvama Wealth Geojit HDFC Sky
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] Rs 700 PA Rs 240 PA (Free for 1st year)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Plan Options

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

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Plan Options
Plan Types Nuvama Wealth Geojit HDFC Sky
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 Geojit vs HDFC Skyon 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.

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.

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Brokerage Charges - Compare Nuvama Wealth vs Geojit vs HDFC Sky
Brokerage Charges Compare Nuvama Wealth Geojit HDFC Sky
Plan Name Nuvama Lite Online Trading Plan (Percentage Based) Fixed pricing model
Equity Delivery Flat Rs. 10 per executed order 0.30% or 30 paisa 0.1% or Rs 20 whichever is lower
Equity Intraday Flat Rs. 10 per executed order 0.03% or 3 paisa 0.1% or Rs 20 whichever is lower
Equity Futures Flat Rs. 10 per executed order 0.01% 0.1% or Rs 20 whichever is lower
Equity Options Flat Rs. 10 per executed order Rs 50 Per Lot Flat Fee Rs 20
Currency Futures Flat Rs. 10 per executed order 0.03% or 3 paisa 0.1% or Rs 20 whichever is lower
Currency Options Flat Rs. 10 per executed order Rs 50 Per Lot Flat Fee Rs 20
Commodity Trading 0.01% 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Flat Fee Rs 20
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Free Rs 20 per call
Auto Square off Charges Rs 20 Free 0.1% or Rs 20 whichever is lower
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Geojit Brokerage Calculator for HDFC Sky
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth vs Geojit vs HDFC Sky
Transaction Charges Compare Nuvama Wealth Geojit HDFC Sky
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 geojit Complete Brokerage Plans for hdfc-sky
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Account Features

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Account Features

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Nuvama Wealth and Geojit 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 - All 3 brokers offers NRI Trading.

Account Features - Nuvama Wealth vs Geojit vs HDFC Sky
Account Features Compare Nuvama Wealth Geojit HDFC Sky
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. Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No No
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Geojit vs HDFC Skyon Trading Platform

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

https://tlounge.edelweiss.in/Login

https://selfie.geojit.net/

https://hdfcsky.com/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Nuvama Mobile Trader SELFIE Geojit HDFC Sky App
Mobile Trading App Demo Nuvama Mobile Trader Demo SELFIE Geojit Demo HDFC Sky App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No No
iOS App Download iOS Nuvama Mobile Trader Download iOS SELFIE Geojit Download iOS HDFC Sky App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No 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 Geojit Equity Intraday and Delivery Brokerage Calculator for HDFC Sky
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for HDFC Sky
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Geojit Options Brokerage Calculator for HDFC Sky
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for geojit Detail on Trading Platforms for hdfc-sky

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Broker Ratings by Users

Compare Nuvama Wealth vs Geojit vs HDFC Sky on User Rating

  Nuvama Wealth Geojit HDFC Sky
  20 Customer Reviews    Rate Nuvama Wealth 79 Customer Reviews    Rate Geojit 97 Customer Reviews    Rate HDFC Sky
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Investment Offerings

Compare Nuvama Wealth vs Geojit vs HDFC Sky 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 HDFC Sky doesn't offers PMS facility.

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

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Customer Service

Compare Nuvama Wealth vs Geojit vs HDFC Sky 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 Geojit vs HDFC Sky
Customer Service Compare Nuvama Wealth Geojit HDFC Sky
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 Yes No
Through Branches Yes Yes Yes
Customer Care Number 1800 102 3335 1800-425-5501/1800-103-5501/91-484-2405822 1800 121 2109
Account Opening Process Online/Paperless Offline Online
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://insights.geojit.com/ https://hdfcsky.com/learn
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Website https://www.nuvamawealth.com/ https://www.geojit.com/ https://hdfcsky.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Research Reports, Tips

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

Research Reports - Compare Nuvama Wealth vs Geojit vs HDFC Sky
  Nuvama Wealth Geojit HDFC Sky
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes
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Demat Account

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Geojit vs HDFC Sky
  Nuvama Wealth Geojit HDFC Sky
DP Source CDSL CDSL CDSL
DP ID 32300 48900 12400
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹600 pa ₹750 pa
Advance Deposit NIL NIL Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/-
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% (Min ₹20) + CDSL charges
Demat ₹2 per certificate + ₹30 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹5 per certificate + ₹35 request charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹30
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50 per transaction Nil
Pledge Creation Confirmation Nil Nil 0.04% of transaction value (Min ₹40)
Pledge Closure 0.02% of transaction value (Min ₹50) Nil Nil
Pledge Closure Confirmation Nil Nil 0.04% of transaction value (Min ₹40)
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹50 per transaction 0.04% of transaction value (Min ₹40)
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Special Offers and Promotion

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

Compare Nuvama Wealth vs Geojit vs HDFC Sky on Special Offers and Promotion
  Nuvama Wealth Geojit HDFC Sky
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...

  • 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...

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • 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...

  • 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...

  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

Special Offers/Promo
Enquire for Nuvama Wealth Enquire for Geojit Enquire for HDFC Sky

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