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The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Finvasia ranges between Rs 0, while the brokerage of ICICIDirect ranges between Rs. 20. The broker Nuvama Wealth and Finvasia are a discount brokers where ICICIDirect is a full service broker. Overall rating for Nuvama Wealth is 3.5, Finvasia is rated 4, ICICIDirect is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs Finvasia vs ICICIDirect 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 ICICIDirect 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 ICICIDirect in this setion with 360 degree view of broker information.
 Nuvama Wealth |
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| Broker Type | Discount Broker | Discount Broker | Full Service 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...  |
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... |
ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... |
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In this section we have compared Nuvama Wealth vs Finvasia vs ICICIDirect 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 ICICIDirect charges Rs 300 per annum AMC for Demat account.
| Charges | Nuvama Wealth | Finvasia | ICICIDirect |
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| 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 300 per annum |
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Plans are the most important feature you look when compare Nuvama Wealth vs Finvasia vs ICICIDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and ICICIDirect offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Nuvama Wealth | Finvasia | ICICIDirect |
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| Zerodha | Zerodha | Nuvama Wealth | |
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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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.
| Brokerage Charges Compare | Nuvama Wealth | Finvasia | ICICIDirect |
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| Plan Name | Nuvama Lite | Zero Brokerage Trading Plan | NEO Flat Discount Brokerage Plan |
| Equity Delivery | Flat Rs. 10 per executed order | Rs 0 | 0.55% |
| Equity Intraday | Flat Rs. 10 per executed order | Rs 0 | Flat Rs. 20 per order |
| Equity Futures | Flat Rs. 10 per executed order | Rs 0 | Free (Rs. 0 brokerage) |
| Equity Options | Flat Rs. 10 per executed order | Rs 0 | Flat Rs. 20 per order |
| Currency Futures | Flat Rs. 10 per executed order | Rs 0 | Flat Rs. 20 per order |
| Currency Options | Flat Rs. 10 per executed order | Rs 0 | Flat Rs. 20 per order |
| Commodity Trading | 0.01% | Rs 0 | Flat Rs. 20 per order |
| Minimum Brokerage | NA | Rs 35 per trade | |
| Hidden Charges | Info Not Available | No | |
| Call & Trade Charges | Rs 20 per call | Free | First 20 call free and Rs 25 there onwards. |
| Auto Square off Charges | Rs 20 | Free | First 20 call free and Rs 25 there onwards. |
| Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Finvasia | Brokerage Calculator for ICICIDirect |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Nuvama Wealth | Finvasia | ICICIDirect |
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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 260 Per Cr | Agri: Rs 175 Per Cr | NA |
| Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for icicidirect |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 Account where Nuvama Wealth and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth and ICICIDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Nuvama Wealth | Finvasia | ICICIDirect |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 3:15PM |
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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 Finvasia vs ICICIDirect. 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 | Finvasia | ICICIDirect | ||
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20 Customer Reviews
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17 Customer Reviews
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267 Customer Reviews
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| 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 | ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect 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 Finvasia offers Commodity Trading where ICICIDirect doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth and ICICIDirect offers PMS facility where Finvasia doesn't offers PMS facility.
| Investment Offerings Compare | Nuvama Wealth | Finvasia | ICICIDirect |
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| Other Investment Options | NIL | NIL | NIL |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect 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 | Finvasia | ICICIDirect |
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| Customer Care Number | 1800 102 3335 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 1860 123 1122 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://www.nuvamawealth.com/investology | https://finvasia.com/announcements | https://www.icicidirect.com/knowledge-center |
| 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 |
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
| Website | https://www.nuvamawealth.com/ | https://www.finvasia.com/ | https://www.icicidirect.com |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect on research reports and tips provided by broker.
| Nuvama Wealth | Finvasia | ICICIDirect | |
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Compare Nuvama Wealth vs Finvasia vs ICICIDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Nuvama Wealth | Finvasia | ICICIDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 32300 | 84300 | 14301 |
| Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | Free | ₹700 pa |
| Advance Deposit | NIL | Rs 0 | Rs. 7500/- , If the client is not having ICICI BANK Account |
| 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 | 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) |
| Demat | ₹2 per certificate + ₹30 courier charges | ₹15 per certificate | ₹50 per set up |
| Remat | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹15 for every hundred securities + CDSL Charges | ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction |
| Pledge Creation | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.02% (Min ₹35 and Max ₹25,000) |
| Pledge Creation Confirmation | Nil | NIL | 0.02% (Min ₹35 and Max ₹25,000) |
| Pledge Closure | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.02% (Min ₹35 and Max ₹25,000) |
| Pledge Closure Confirmation | Nil | NIL | 0.02% (Min ₹35 and Max ₹25,000) |
| Pledge Invocation | 0.02% of transaction value (Min ₹50) | ₹19 per transaction | 0.02% (Min ₹35 and Max ₹25,000) |
| Failed Instruction Charges | Nil | ₹49 | ₹30 per transaction |
| Other Charges |
Compare Nuvama Wealth vs Finvasia vs ICICIDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Nuvama Wealth | Finvasia | ICICIDirect | |
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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;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquire for Nuvama Wealth | Enquire for Finvasia | Enquire for ICICIDirect |
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