FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of ICICIDirect ranges between Rs. 20, while the brokerage of SBICAP Securities ranges between .05 to 0.50%. The broker ICICIDirect and SBICAP 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, SBICAP Securities is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs ICICIDirect vs SBICAP 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 SBICAP 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 SBICAP Securities in this setion with 360 degree view of broker information.
In this section we have compared Nuvama Wealth vs ICICIDirect vs SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and ICICIDirect offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. 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 SBICAP Securities charges Rs 500 PA AMC for Demat account.
Charges | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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Trading Account Opening Fees | Free | Free | Rs 850 |
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 500 PA |
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Plans are the most important feature you look when compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and ICICIDirect offers Multiple Plans where SBICAP Securities doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Zerodha | Nuvama Wealth | |
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Account Opening Request |
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.
SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.
Brokerage Charges Compare | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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Plan Name | Nuvama Lite | NEO Flat Discount Brokerage Plan | Standard or default brokerage plan |
Equity Delivery | Flat Rs. 10 per executed order | 0.55% | 0.50% |
Equity Intraday | Flat Rs. 10 per executed order | Flat Rs. 20 per order | 0.05% |
Equity Futures | Flat Rs. 10 per executed order | Free (Rs. 0 brokerage) | 0.05% |
Equity Options | Flat Rs. 10 per executed order | Flat Rs. 20 per order | Rs 100 Per Lot |
Currency Futures | Flat Rs. 10 per executed order | Flat Rs. 20 per order | 0.03% |
Currency Options | Flat Rs. 10 per executed order | Flat Rs. 20 per order | Rs 30 Per Lot |
Commodity Trading | 0.01% | Flat Rs. 20 per order | Rs. 100 per lot |
Minimum Brokerage | Rs 35 per trade | Rs 0.05 for Cash, Rs 0.01 Future | |
Hidden Charges | Info Not Available | Yes | |
Call & Trade Charges | Rs 20 per call | First 20 call free and Rs 25 there onwards. | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. |
Auto Square off Charges | Rs 20 | First 20 call free and Rs 25 there onwards. | First Free 30 per month, after Rs 10 per square-off |
Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for ICICIDirect | Brokerage Calculator for SBICAP Securities |
Compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities on transaction charges and PCM fee by segment.
Transaction Charges Compare | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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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 | NA | NA |
Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for icicidirect | Complete Brokerage Plans for sbicap-securities |
Compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect and SBICAP Securities offers 3-in-1 Account where Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth and ICICIDirect offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 3:15PM | 3:15PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL | Trading software terminal: ODIN Diet |
With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs ICICIDirect vs SBICAP 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.
Compare Nuvama Wealth vs ICICIDirect vs SBICAP 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 offers Commodity Trading where ICICIDirect and SBICAP Securities 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 SBICAP Securities doesn't offers PMS facility.
Investment Offerings Compare | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Compare Nuvama Wealth vs ICICIDirect vs SBICAP 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 Service Compare | Nuvama Wealth | ICICIDirect | SBICAP Securities |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 1800 102 3335 | 1860 123 1122 | 022 6854 5555 |
Account Opening Process | Online/Paperless | Online | Offline |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://www.nuvamawealth.com/investology | https://www.icicidirect.com/knowledge-center | https://www.sbismart.com/education |
Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020 |
SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Website | https://www.nuvamawealth.com/ | https://www.icicidirect.com | https://www.sbismart.com |
Compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities on research reports and tips provided by broker.
Nuvama Wealth | ICICIDirect | SBICAP Securities | |
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Research Mutual Funds | ![]() |
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Research Equity Reports | ![]() |
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Research ETF | ![]() |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
Nuvama Wealth | ICICIDirect | SBICAP Securities | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 32300 | 14301 | 47200 |
Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | ₹700 pa | ₹500 |
Advance Deposit | NIL | Rs. 7500/- , If the client is not having ICICI BANK Account | 0 for all |
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) | 0.01% of the transaction value (Min ₹21 and Max ₹300) |
Demat | ₹2 per certificate + ₹30 courier charges | ₹50 per set up | ₹5 per certificate + ₹35 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 | ₹35 per certificate + CDSL Charges |
Pledge Creation | 0.02% of transaction value (Min ₹50) | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
Pledge Creation Confirmation | Nil | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
Pledge Closure | 0.02% of transaction value (Min ₹50) | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
Pledge Closure Confirmation | Nil | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
Pledge Invocation | 0.02% of transaction value (Min ₹50) | 0.02% (Min ₹35 and Max ₹25,000) | 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges |
Failed Instruction Charges | Nil | ₹30 per transaction | ₹10 |
Other Charges |
Compare Nuvama Wealth vs ICICIDirect vs SBICAP Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
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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 SBICAP Securities |
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