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

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Motilal Oswal ranges between 0.02 to 0.20%, while the brokerage of Stoxkart ranges between Rs. 15 per order. The broker Nuvama Wealth and Stoxkart are discount brokers where Motilal Oswal is a full service broker. Overall rating for Nuvama Wealth is 3.5, Motilal Oswal is rated 4, Stoxkart is rated 4 out of 5.

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

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Service

  Nuvama Wealth Compare
Nuvama Wealth
Motilal Oswal Compare
Motilal Oswal
Stoxkart Compare
Stoxkart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX NSE, BSE, MCX
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 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. Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared Nuvama Wealth vs Motilal Oswal vs Stoxkart on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Motilal Oswal offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account, where Stoxkart charges Rs. 300 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart
Charges Nuvama Wealth Motilal Oswal Stoxkart
Trading Account Opening Fees Free Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
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 400 per annum [Free for 1st year] Rs. 300
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Plan Options

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

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

Account Opening

  Zerodha Nuvama Wealth Zerodha
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkarton 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.

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

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Brokerage Charges - Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart
Brokerage Charges Compare Nuvama Wealth Motilal Oswal Stoxkart
Plan Name Nuvama Lite Default Brokerage Plan Flat Brokerage Plan - Rs. 15 per order
Equity Delivery Flat Rs. 10 per executed order 0.20% Free
Equity Intraday Flat Rs. 10 per executed order 0.02% Flat Fee Rs 15 per order
Equity Futures Flat Rs. 10 per executed order 0.02% Flat Fee Rs 15 per order
Equity Options Flat Rs. 10 per executed order Rs 20 per lot Flat Fee Rs 15 per order
Currency Futures Flat Rs. 10 per executed order Rs 20 per lot Flat Fee Rs 15 per order
Currency Options Flat Rs. 10 per executed order Rs 20 per lot Flat Fee Rs 15 per order
Commodity Trading 0.01% Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 15 per order
Minimum Brokerage
Hidden Charges Info Not Available No
Call & Trade Charges Rs 20 per call NA Rs 20 Per Executable Order
Auto Square off Charges Rs 20 NA Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Motilal Oswal Brokerage Calculator for Stoxkart
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart
Transaction Charges Compare Nuvama Wealth Motilal Oswal Stoxkart
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 motilal-oswal Complete Brokerage Plans for stoxkart
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Account Features

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Account Features

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart 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 Motilal Oswal vs Stoxkart
Account Features Compare Nuvama Wealth Motilal Oswal Stoxkart
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 Stoxkart 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
Intraday Square-off Time 3:15PM 3:15PM 3:20 PM
NRI Trading Yes Yes Yes
Other Features NIL NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkarton Trading Platform

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

https://tlounge.edelweiss.in/Login

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

yes

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

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Broker Ratings by Users

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on User Rating

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

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Investment Offerings

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart 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 Motilal Oswal offers PMS facility where Stoxkart doesn't offers PMS facility.

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

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Customer Service

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart 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 Motilal Oswal vs Stoxkart
Customer Service Compare Nuvama Wealth Motilal Oswal Stoxkart
24/7 Customer Service No No Yes
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No Yes
Through Branches Yes Yes Yes
Customer Care Number 1800 102 3335 022 40548000/022 67490600 1800 11 3331
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.nuvamawealth.com/investology https://edumo.motilaloswal.com/ https://www.stoxkart.com/learning-center.php
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Website https://www.nuvamawealth.com/ https://www.motilaloswal.com/ https://www.stoxkart.com/
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Tips/Research/Reports Published

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

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

Research Reports - Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart
  Nuvama Wealth Motilal Oswal Stoxkart
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes Yes
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Motilal Oswal vs Stoxkart
  Nuvama Wealth Motilal Oswal Stoxkart
DP Source CDSL CDSL CDSL
DP ID 32300 10900 19100
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹400 pa ₹300 pa
Advance Deposit NIL NIL AMC will be charged in advance.
Statutory charges Nil Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹10+CDSL charges ₹5
Demat ₹2 per certificate + ₹30 courier charges ₹50 per certificate + ₹50 courier charges ₹150 per certificate
Remat ₹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 ₹150 for every hundred securities + depositry charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹35 ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil Nil ₹20
Pledge Closure 0.02% of transaction value (Min ₹50) ₹35 ₹20
Pledge Closure Confirmation Nil Nil ₹20
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹35 ₹20
Failed Instruction Charges Nil Nil ₹50 per instraction
Other Charges
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Special Offers,Advantages,Disadvantages

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

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

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

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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

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...

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...

  • It does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

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) No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquire for Nuvama Wealth Enquire for Motilal Oswal Enquire for Stoxkart

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