FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Kotak Securities ranges between Rs. 20 per order. The broker Nuvama Wealth and Finvasia are a discount brokers where Kotak Securities is a full service broker. Overall rating for Nuvama Wealth is 3.5, Finvasia is rated 4, Kotak Securities is rated 4 out of 5.
Here we present side-by-side comparison of Nuvama Wealth vs Finvasia vs Kotak 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 Finvasia vs Kotak 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 Finvasia vs Kotak Securities in this setion with 360 degree view of broker information.
In this section we have compared Nuvama Wealth vs Finvasia vs Kotak 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, Finvasia charges Free AMC for Demat account, where Kotak Securities charges Rs 600 PA AMC for Demat account.
Charges | Nuvama Wealth | Finvasia | Kotak Securities |
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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 600 PA |
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Plans are the most important feature you look when compare Nuvama Wealth vs Finvasia vs Kotak Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Nuvama Wealth and Kotak Securities offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Nuvama Wealth | Finvasia | Kotak Securities |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Kotak Securities | 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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.
Brokerage Charges Compare | Nuvama Wealth | Finvasia | Kotak Securities |
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Plan Name | Nuvama Lite | Zero Brokerage Trading Plan | Kotak Securities Trade Free Plan |
Equity Delivery | Flat Rs. 10 per executed order | Rs 0 | 0.25% |
Equity Intraday | Flat Rs. 10 per executed order | Rs 0 | Free |
Equity Futures | Flat Rs. 10 per executed order | Rs 0 | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Equity Options | Flat Rs. 10 per executed order | Rs 0 | Delivery: Flat fee Rs. 20 per order| Intraday: Free |
Currency Futures | Flat Rs. 10 per executed order | Rs 0 | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Currency Options | Flat Rs. 10 per executed order | Rs 0 | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Commodity Trading | 0.01% | Rs 0 | Delivery: Flat fee Rs. 20 per order| Intraday: Fre |
Minimum Brokerage | NA | Rs 21 per executed order | |
Hidden Charges | Info Not Available | No | |
Call & Trade Charges | Rs 20 per call | Free | 20 calls free and after that Rs 20 per call |
Auto Square off Charges | Rs 20 | Free | 20 calls free and after that Rs 20 per call |
Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Finvasia | Brokerage Calculator for Kotak Securities |
Compare Nuvama Wealth vs Finvasia vs Kotak Securities on transaction charges and PCM fee by segment.
Transaction Charges Compare | Nuvama Wealth | Finvasia | Kotak 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 | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr |
Brokerage Charges | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for kotak-securities |
Compare Nuvama Wealth vs Finvasia vs Kotak Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities 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 Kotak Securities offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
Account Features Compare | Nuvama Wealth | Finvasia | Kotak 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 | 3:15 PM | 3:15PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Finvasia vs Kotak 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 Finvasia vs Kotak 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 - 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 Kotak Securities offers PMS facility where Finvasia doesn't offers PMS facility.
Investment Offerings Compare | Nuvama Wealth | Finvasia | Kotak 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 Finvasia vs Kotak 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 | Finvasia | Kotak 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 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 1800 209 9191 |
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.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank |
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 |
27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 |
Website | https://www.nuvamawealth.com/ | https://www.finvasia.com/ | https://www.kotaksecurities.com |
Compare Nuvama Wealth vs Finvasia vs Kotak Securities on research reports and tips provided by broker.
Nuvama Wealth | Finvasia | Kotak 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 Finvasia vs Kotak Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
Nuvama Wealth | Finvasia | Kotak Securities | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 32300 | 84300 | 25100 |
Demat Account Annual Maintenance Charges(AMC) | Free (₹1500 one time charges) | Free | ₹780 pa |
Advance Deposit | NIL | Rs 0 | NA |
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 ₹27) + CDSL charges |
Demat | ₹2 per certificate + ₹30 courier charges | ₹15 per certificate | ₹3 per certificate + ₹50 courier charges |
Remat | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹15 for every hundred securities + CDSL Charges | ₹10 for every hundred securities (Min ₹15) |
Pledge Creation | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.05% of transaction value (Min ₹30) |
Pledge Creation Confirmation | Nil | NIL | 0.05% of transaction value (Min ₹30) |
Pledge Closure | 0.02% of transaction value (Min ₹50) | ₹25 per transaction | 0.05% of transaction value (Min ₹30) |
Pledge Closure Confirmation | Nil | NIL | 0.05% of transaction value (Min ₹30) |
Pledge Invocation | 0.02% of transaction value (Min ₹50) | ₹19 per transaction | 0.05% of transaction value (Min ₹30) |
Failed Instruction Charges | Nil | ₹49 | Nil |
Other Charges |
Compare Nuvama Wealth vs Finvasia vs Kotak Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Nuvama Wealth | Finvasia | Kotak Securities | |
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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. | ||
Enquire for Nuvama Wealth | Enquire for Finvasia | Enquire for Kotak Securities |
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