Nuvama Wealth Vs ICICIDirect Vs IIFL Securities: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of IIFL Securities ranges between Rs 20. The broker ICICIDirect and IIFL Securities are a full service brokers where Nuvama Wealth is a discount broker. Overall rating for Nuvama Wealth is 3.5, ICICIDirect is rated 4, IIFL Securities is rated 4 out of 5.

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

Compare 2 Brokers

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Service

	Nuvama Wealth	ICICIDirect	IIFL Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker	Full Service Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX	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...	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...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...
Broker Enquiry

Account Opening Charges and AMC

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs ICICIDirect vs IIFL Securities 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, ICICIDirect charges Rs 300 per annum AMC for Demat account, where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
Charges	Nuvama Wealth	ICICIDirect	IIFL Securities
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 300 per annum	Rs 250 PA (Free for 1st year)
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Plan Options

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

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Plan Options
Plan Types	Nuvama Wealth	ICICIDirect	IIFL Securities
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	IIFL Securities	Nuvama Wealth
Account Opening Request	Open Zerodha Account Now>>	Open IIFL Securities Account Now>>	Open Nuvama Wealth Account Now>>

Brokerage Charges

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securitieson 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.

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.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Brokerage Charges - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
Brokerage Charges Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
Plan Name	Nuvama Lite	NEO Flat Discount Brokerage Plan	IIFL iSERVE Brokerage Plan
Equity Delivery	Flat Rs. 10 per executed order	0.55%	Flat Rs 20 per order
Equity Intraday	Flat Rs. 10 per executed order	Flat Rs. 20 per order	Flat Rs 20 per order
Equity Futures	Flat Rs. 10 per executed order	Free (Rs. 0 brokerage)	Flat Rs 20 per order
Equity Options	Flat Rs. 10 per executed order	Flat Rs. 20 per order	Flat Rs 20 per order
Currency Futures	Flat Rs. 10 per executed order	Flat Rs. 20 per order	Flat Rs 20 per order
Currency Options	Flat Rs. 10 per executed order	Flat Rs. 20 per order	Flat Rs 20 per order
Commodity Trading	0.01%	Flat Rs. 20 per order	Flat Rs 20 per order
Minimum Brokerage		Rs 35 per trade
Hidden Charges	Info Not Available	Yes
Call & Trade Charges	Rs 20 per call	First 20 call free and Rs 25 there onwards.	Rs 50 Per Call + GST
Auto Square off Charges	Rs 20	First 20 call free and Rs 25 there onwards.	Rs 50 Per Call + GST
Brokerage Calculator	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for ICICIDirect	Brokerage Calculator for IIFL Securities

Share Broker's Transaction Charges

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Transaction Charges

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
Transaction Charges Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
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	NA	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for iifl-securities

Account Features

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Account Features

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities 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 IIFL Securities 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 ICICIDirect vs IIFL Securities
Account Features Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs ICICIDirect vs IIFL Securities. 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 ICICIDirect vs IIFL Securities
Trading Platform Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://www.icicidirect.com	https://ttweb.indiainfoline.com
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	ICICI direct Mobile	IIFL Markets
Mobile Trading App Demo	Nuvama Mobile Trader Demo	ICICI direct Mobile Demo	IIFL Markets Demo
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod ICICI direct Mobile Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS ICICI direct Mobile Download	iOS IIFL Markets Download
Android Tablet App
iPad App (IOS)
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 ICICIDirect	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for ICICIDirect	Futures Brokerage Calculator for IIFL Securities
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for ICICIDirect	Options Brokerage Calculator for IIFL Securities
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for icicidirect	Detail on Trading Platforms for iifl-securities

Broker Ratings by Users

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on User Rating

	Nuvama Wealth	ICICIDirect	IIFL Securities
	20 Customer Reviews	267 Customer Reviews	82 Customer Reviews
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	ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews

Investment Offerings

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Investment Offerings

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities 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 IIFL Securities 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
Investment Offerings Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Customer Service

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities 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 ICICIDirect vs IIFL Securities
Customer Service Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	1860 123 1122	022-40071000
Account Opening Process	Online/Paperless	Online	Online/Paperless
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.nuvamawealth.com/investology	https://www.icicidirect.com/knowledge-center	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604
Website	https://www.nuvamawealth.com/	https://www.icicidirect.com	https://www.indiainfoline.com/

Tips/Research/Reports Published

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Research Reports, Tips

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
	Nuvama Wealth	ICICIDirect	IIFL Securities
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities
	Nuvama Wealth	ICICIDirect	IIFL Securities
DP Source	CDSL	CDSL	CDSL
DP ID	32300	14301	44700
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹700 pa	₹400 pa
Advance Deposit	NIL	Rs. 7500/- , If the client is not having ICICI BANK Account	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.02% of transaction value or ₹20 per transaction whichever is higher	0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat	₹2 per certificate + ₹30 courier charges	₹50 per set up	₹15 per certificate + ₹40 courier charges
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges
Pledge Creation	0.02% of transaction value (Min ₹50)	0.02% (Min ₹35 and Max ₹25,000)	₹50
Pledge Creation Confirmation	Nil	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Closure	0.02% of transaction value (Min ₹50)	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Closure Confirmation	Nil	0.02% (Min ₹35 and Max ₹25,000)	Nil
Pledge Invocation	0.02% of transaction value (Min ₹50)	0.02% (Min ₹35 and Max ₹25,000)	Nil
Failed Instruction Charges	Nil	₹30 per transaction	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Special Offers and Promotion

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

Compare Nuvama Wealth vs ICICIDirect vs IIFL Securities on Special Offers and Promotion
	Nuvama Wealth	ICICIDirect	IIFL Securities
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...	100% digital and paperless 3-in-1 account opening facility. Trade on the BSE, NSE, MCX, and invest in other products. Multiple brokerage plans for residents and NRI trading. All kinds of trading platforms across web, app, and desktop versions. Invest in mutual funds for free with ICICIdirect Money App. Expert research calls and recommendations. Sell stocks and get cash instantly with the e-ATM facility. Advanced orders like bracket order, cover order, after market order, and basket order. Place Valid Till Cancelled (VTC) order, valid for 45 days. Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners. Margin funding Loans on securities. Dedicated customer services. Detail Review...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. 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...	High brokerage charges. The broker levies a minimum brokerage fee, which varies across brokerage plans. NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299. Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment. Detail Review...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...
Special Offers/Promo		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 ICICIDirect	Enquire for IIFL Securities

Last Updated on

Transaction Charges Compare	Nuvama Wealth	ICICIDirect	IIFL Securities
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	NA	Non-Agri: Rs 260 Per Cr \| Agri: Rs 175 Per Cr
Brokerage Charges	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for icicidirect	Complete Brokerage Plans for iifl-securities