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Angel One Vs Nuvama Wealth Vs Motilal Oswal: Which one is better?

The brokerage of Angel One ranges between Rs 20, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Motilal Oswal ranges between 0.02 to 0.20%. The broker Angel One and Nuvama Wealth are a discount brokers where Motilal Oswal is a full service broker. Overall rating for Angel One is 4.5, Nuvama Wealth is rated 3.5, Motilal Oswal is rated 4 out of 5.

Here we present side-by-side comparison of Angel One vs Nuvama Wealth vs Motilal Oswal stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Angel One vs Nuvama Wealth vs Motilal Oswal 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 Angel One vs Nuvama Wealth vs Motilal Oswal in this setion with 360 degree view of broker information.

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Service

  Angel One Compare
Angel One
Nuvama Wealth Compare
Nuvama Wealth
Motilal Oswal Compare
Motilal Oswal
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform... Know more about Angel One 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 Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors.
Broker Enquiry Request call back from Zerodha Request call back from Angel One Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Trading & Demat Account Opening Charges

In this section we have compared Angel One vs Nuvama Wealth vs Motilal Oswal on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Angel One charges Rs 240 PA (Waived for 1st year) as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Angel One vs Nuvama Wealth vs Motilal Oswal
Charges Angel One Nuvama Wealth Motilal Oswal
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Waived for 1st year) Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs 400 per annum [Free for 1st year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Plan Options

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

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Plan Options
Plan Types Angel One Nuvama Wealth Motilal Oswal
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Angel One Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Angel One vs Nuvama Wealth vs Motilal Oswalon Brokerage Charges

Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency, and Commodity Trading.

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.

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Brokerage Charges - Compare Angel One vs Nuvama Wealth vs Motilal Oswal
Brokerage Charges Compare Angel One Nuvama Wealth Motilal Oswal
Plan Name Angel iTrade Prime Plan Nuvama Lite Default Brokerage Plan
Equity Delivery Free Flat Rs. 10 per executed order 0.20%
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Rs. 10 per executed order 0.02%
Equity Futures Flat Fee Rs 20 Flat Rs. 10 per executed order 0.02%
Equity Options Flat Fee Rs 20 Flat Rs. 10 per executed order Rs 20 per lot
Currency Futures Flat Fee Rs 20 Flat Rs. 10 per executed order Rs 20 per lot
Currency Options Flat Fee Rs 20 Flat Rs. 10 per executed order Rs 20 per lot
Commodity Trading Flat Fee Rs 20 0.01% Futures: 0.02%| Options: Rs 200 Per Lot
Minimum Brokerage
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per order Rs 20 per call NA
Auto Square off Charges Rs 20 per order Rs 20 NA
Brokerage Calculator Brokerage Calculator for Angel One Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Motilal Oswal
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Share Broker's Transaction Charges

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Transaction Charges

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel One vs Nuvama Wealth vs Motilal Oswal
Transaction Charges Compare Angel One Nuvama Wealth Motilal Oswal
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 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for angel-one Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for motilal-oswal
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Account Features

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Account Features

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 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 - Angel One vs Nuvama Wealth vs Motilal Oswal
Account Features Compare Angel One Nuvama Wealth Motilal Oswal
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes Yes 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 Yes No Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features Trading software terminal: ODIN(Angel) diet NIL NIL
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Trading Platform

Compare Angel One vs Nuvama Wealth vs Motilal Oswalon Trading Platform

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

https://www.angelone.in/trade/

https://tlounge.edelweiss.in/Login

https://power.motilaloswal.com/MOSL/userMaster/login

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes Yes
Mobile Trading App Angel One Mobile App Nuvama Mobile Trader MO Trader
Mobile Trading App Demo Angel One Mobile App Demo Nuvama Mobile Trader Demo MO Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod Nuvama Mobile Trader Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Angel One Mobile App Download iOS Nuvama Mobile Trader Download iOS MO Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Angel One Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal
Futures Brokerage Calculator Futures Brokerage Calculator for Angel One Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Motilal Oswal
Options Brokerage Calculator Options Brokerage Calculator for Angel One Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Motilal Oswal
Detail Detail on Trading Platforms for angel-one Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for motilal-oswal

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Broker Ratings by Users

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on User Rating

  Angel One Nuvama Wealth Motilal Oswal
  74 Customer Reviews    Rate Angel One 20 Customer Reviews    Rate Nuvama Wealth 57 Customer Reviews    Rate Motilal Oswal
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Angel One is Rated 3.3 / 5 based on 74 customer reviews Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews
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Investment Offerings

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Investment Offerings

Compare Angel One vs Nuvama Wealth vs Motilal Oswal 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

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

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Customer Service

Compare Angel One vs Nuvama Wealth vs Motilal Oswal 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 Angel One vs Nuvama Wealth vs Motilal Oswal
Customer Service Compare Angel One Nuvama Wealth Motilal Oswal
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes Yes
Customer Care Number 1800 1020 1800 102 3335 022 40548000/022 67490600
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.angelone.in/knowledge-center https://www.nuvamawealth.com/investology https://edumo.motilaloswal.com/
Head Office Address Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai - 400 093.
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Website https://www.angelone.in/ https://www.nuvamawealth.com/ https://www.motilaloswal.com/
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Tips/Research/Reports Published

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Research Reports, Tips

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on research reports and tips provided by broker.

Research Reports - Compare Angel One vs Nuvama Wealth vs Motilal Oswal
  Angel One Nuvama Wealth Motilal Oswal
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF No 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 Angel One vs Nuvama Wealth vs Motilal Oswal on Demat Account

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Angel One vs Nuvama Wealth vs Motilal Oswal
  Angel One Nuvama Wealth Motilal Oswal
DP Source CDSL CDSL CDSL
DP ID 33200 32300 10900
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Free (₹1500 one time charges) ₹400 pa
Advance Deposit NIL NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 + ₹5.50 (CDSL Charges) for every transaction 0.02% of transaction value or ₹20 per transaction whichever is higher 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹50 per certificate ₹2 per certificate + ₹30 courier charges ₹50 per certificate + ₹50 courier charges
Remat ₹50 + CDSL Charges ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹25 per transaction 0.02% of transaction value (Min ₹50) ₹35
Pledge Creation Confirmation NIL Nil Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value (Min ₹50) ₹35
Pledge Closure Confirmation NIL Nil Nil
Pledge Invocation NIL 0.02% of transaction value (Min ₹50) ₹35
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Special Offers and Promotion

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Angel One vs Nuvama Wealth vs Motilal Oswal on Special Offers and Promotion
  Angel One Nuvama Wealth Motilal Oswal
Likes
  • Trade at Max Rs. 20 per order on BSE, NSE, and MCX
  • Lifetime free delivery trading.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ
  • User-friendly and technologically advanced trading platforms.
  • Place BO, CO, GTT, and Basket order
  • Free Angel One Smart API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

  • 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...

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

Dislikes
  • ARQ-Prime engine is a paid platform.
  • It does not offer a 3-in-1 account opening facility.
  • Does not offer unlimited monthly trading plans.

Detail Review...

  • 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...

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Free Trading for One Month (Up to Rs 500 value). Free Account Opening a limited-time offer. Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquire for Angel One Enquire for Nuvama Wealth Enquire for Motilal Oswal

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