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Nuvama Wealth Vs Geojit Vs Motilal Oswal: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Motilal Oswal ranges between 0.02 to 0.20%. The broker Geojit and Motilal Oswal are a full service brokers where Nuvama Wealth is a discount broker. Overall rating for Nuvama Wealth is 3.5, Geojit is rated 4, Motilal Oswal is rated 4 out of 5.

Here we present side-by-side comparison of Nuvama Wealth vs Geojit 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 Nuvama Wealth vs Geojit 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 Nuvama Wealth vs Geojit vs Motilal Oswal in this setion with 360 degree view of broker information.

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Service

  Nuvama Wealth Compare
Nuvama Wealth
Geojit Compare
Geojit
Motilal Oswal Compare
Motilal Oswal
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 BSE, NSE, MCX, NCDEX 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... Know more about Nuvama Wealth Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit 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 Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

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

In this section we have compared Nuvama Wealth vs Geojit 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 - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Geojit charges Rs 700 PA 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 Nuvama Wealth vs Geojit vs Motilal Oswal
Charges Nuvama Wealth Geojit Motilal Oswal
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 700 PA Rs 400 per annum [Free for 1st year]
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Plan Options

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

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

Account Opening

  Zerodha Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Geojit vs Motilal Oswalon 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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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 Nuvama Wealth vs Geojit vs Motilal Oswal
Brokerage Charges Compare Nuvama Wealth Geojit Motilal Oswal
Plan Name Nuvama Lite Online Trading Plan (Percentage Based) Default Brokerage Plan
Equity Delivery Flat Rs. 10 per executed order 0.30% or 30 paisa 0.20%
Equity Intraday Flat Rs. 10 per executed order 0.03% or 3 paisa 0.02%
Equity Futures Flat Rs. 10 per executed order 0.01% 0.02%
Equity Options Flat Rs. 10 per executed order Rs 50 Per Lot Rs 20 per lot
Currency Futures Flat Rs. 10 per executed order 0.03% or 3 paisa Rs 20 per lot
Currency Options Flat Rs. 10 per executed order Rs 50 Per Lot Rs 20 per lot
Commodity Trading 0.01% 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Futures: 0.02%| Options: Rs 200 Per Lot
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Free NA
Auto Square off Charges Rs 20 Free NA
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Geojit Brokerage Calculator for Motilal Oswal
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth vs Geojit vs Motilal Oswal
Transaction Charges Compare Nuvama Wealth Geojit 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 nuvama-wealth Complete Brokerage Plans for geojit Complete Brokerage Plans for motilal-oswal
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Account Features

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Account Features

Compare Nuvama Wealth vs Geojit 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 - Nuvama Wealth vs Geojit vs Motilal Oswal
Account Features Compare Nuvama Wealth Geojit Motilal Oswal
3 in 1 Account No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth 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 No 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 No Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Geojit vs Motilal Oswalon Trading Platform

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

https://tlounge.edelweiss.in/Login

https://selfie.geojit.net/

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 Nuvama Mobile Trader SELFIE Geojit MO Trader
Mobile Trading App Demo Nuvama Mobile Trader Demo SELFIE Geojit Demo MO Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS SELFIE Geojit Download iOS MO Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
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 Geojit Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Motilal Oswal
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Geojit Options Brokerage Calculator for Motilal Oswal
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for geojit Detail on Trading Platforms for motilal-oswal

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Broker Ratings by Users

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on User Rating

  Nuvama Wealth Geojit Motilal Oswal
  20 Customer Reviews    Rate Nuvama Wealth 79 Customer Reviews    Rate Geojit 57 Customer Reviews    Rate Motilal Oswal
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 Geojit is Rated 3.7 / 5 based on 79 customer reviews Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Investment Offerings

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

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Customer Service

Compare Nuvama Wealth vs Geojit 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 Nuvama Wealth vs Geojit vs Motilal Oswal
Customer Service Compare Nuvama Wealth Geojit Motilal Oswal
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number Yes Yes No
Through Branches Yes Yes Yes
Customer Care Number 1800 102 3335 1800-425-5501/1800-103-5501/91-484-2405822 022 40548000/022 67490600
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://insights.geojit.com/ https://edumo.motilaloswal.com/
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Website https://www.nuvamawealth.com/ https://www.geojit.com/ https://www.motilaloswal.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Research Reports, Tips

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

Research Reports - Compare Nuvama Wealth vs Geojit vs Motilal Oswal
  Nuvama Wealth Geojit Motilal Oswal
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes 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 Nuvama Wealth vs Geojit vs Motilal Oswal on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Geojit vs Motilal Oswal
  Nuvama Wealth Geojit Motilal Oswal
DP Source CDSL CDSL CDSL
DP ID 32300 48900 10900
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹600 pa ₹400 pa
Advance Deposit NIL NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)
Demat ₹2 per certificate + ₹30 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹50 per certificate + ₹50 courier charges
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50 per transaction ₹35
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure 0.02% of transaction value (Min ₹50) Nil ₹35
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹50 per transaction ₹35
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Special Offers and Promotion

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

Compare Nuvama Wealth vs Geojit vs Motilal Oswal on Special Offers and Promotion
  Nuvama Wealth Geojit Motilal Oswal
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...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

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
  • 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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

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 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 Nuvama Wealth Enquire for Geojit Enquire for Motilal Oswal

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