FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Nuvama Wealth Vs Geojit Vs Reliance Securities: 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 Reliance Securities ranges between 0.05 - 0.50%. The broker Geojit and Reliance Securities are a full service brokers where Nuvama Wealth is a discount broker. Overall rating for Nuvama Wealth is 3.5, Geojit is rated 4, Reliance Securities is rated 3.5 out of 5.

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

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Service

  Nuvama Wealth Compare
Nuvama Wealth
Geojit Compare
Geojit
Reliance Securities Compare
Reliance Securities
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 NSE, BSE
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 Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities
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 Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Geojit vs Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opeing. 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 Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Charges Nuvama Wealth Geojit Reliance Securities
Trading Account Opening Fees Free Free Rs 950
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 PA| Rs. 2,500 (Lifetime Free AMC)
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Plan Options

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

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Plan Options
Plan Types Nuvama Wealth Geojit Reliance Securities
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 Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Geojit vs Reliance Securitieson 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.

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Brokerage Charges - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Brokerage Charges Compare Nuvama Wealth Geojit Reliance Securities
Plan Name Nuvama Lite Online Trading Plan (Percentage Based) R-FIXED Online Brokerage Plan (Percentage Based)
Equity Delivery Flat Rs. 10 per executed order 0.30% or 30 paisa 0.50%
Equity Intraday Flat Rs. 10 per executed order 0.03% or 3 paisa 0.05%
Equity Futures Flat Rs. 10 per executed order 0.01% 0.05%
Equity Options Flat Rs. 10 per executed order Rs 50 Per Lot Rs 100 Per Lot
Currency Futures Flat Rs. 10 per executed order 0.03% or 3 paisa 0.05%
Currency Options Flat Rs. 10 per executed order Rs 50 Per Lot Rs 100 Per Lot
Commodity Trading 0.01% 0.05% (Buy and sell)| Options: Rs. 150/lot| Option Future: 0.05%| Options: Rs 100 per lot
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher 5 paise per share
Hidden Charges Info Not Available Info Not Available
Call & Trade Charges Rs 20 per call Free Rs 20 per call (Free First 20 call per month)
Auto Square off Charges Rs 20 Free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Geojit Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Transaction Charges

Compare Nuvama Wealth vs Geojit vs Reliance Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Transaction Charges Compare Nuvama Wealth Geojit Reliance Securities
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 reliance-securities
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Account Features

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Account Features

Compare Nuvama Wealth vs Geojit vs Reliance Securities 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 Reliance Securities
Account Features Compare Nuvama Wealth Geojit Reliance Securities
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 Reliance Securities 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 Mobile Application: Rmobile Xpress
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Trading Platform

Compare Nuvama Wealth vs Geojit vs Reliance Securitieson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Geojit vs Reliance 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.

Trading Platform - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Trading Platform Compare Nuvama Wealth Geojit Reliance Securities
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://tlounge.edelweiss.in/Login

https://selfie.geojit.net/

http://tick.rsec.co.in/

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 TICK PRO
Mobile Trading App Demo Nuvama Mobile Trader Demo SELFIE Geojit Demo TICK PRO 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 TICK PRO 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 Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Geojit Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for geojit Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare Nuvama Wealth vs Geojit vs Reliance Securities on User Rating

  Nuvama Wealth Geojit Reliance Securities
  20 Customer Reviews    Rate Nuvama Wealth 79 Customer Reviews    Rate Geojit 52 Customer Reviews    Rate Reliance Securities
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 Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Investment Offerings

Compare Nuvama Wealth vs Geojit vs Reliance 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Investment Offerings Compare Nuvama Wealth Geojit Reliance Securities
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 Yes
PMS Service Yes Yes Yes
Other Investment Options NIL Insurance NIL
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Customer Service Offered

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Customer Service

Compare Nuvama Wealth vs Geojit vs Reliance 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 Support - Compare Nuvama Wealth vs Geojit vs Reliance Securities
Customer Service Compare Nuvama Wealth Geojit Reliance Securities
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No Yes
Phone Support Yes Yes Yes
Toll Free Number Yes Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 1800 102 3335 1800-425-5501/1800-103-5501/91-484-2405822 022 41596000 | 022 62436000
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://www.reliancesmartmoney.com/Insights
Head Office Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website https://www.nuvamawealth.com/ https://www.geojit.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Research Reports, Tips

Compare Nuvama Wealth vs Geojit vs Reliance Securities on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs Geojit vs Reliance Securities
  Nuvama Wealth Geojit Reliance Securities
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 Reliance Securities on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Geojit vs Reliance Securities
  Nuvama Wealth Geojit Reliance Securities
DP Source CDSL CDSL CDSL
DP ID 32300 48900 41400
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹600 pa ₹300 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% (Min ₹27) + CDSL charges
Demat ₹2 per certificate + ₹30 courier charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹5 per certificate + ₹30 request 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 ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹50 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) Nil 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) ₹50 per transaction 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Special Offers and Promotion

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

Compare Nuvama Wealth vs Geojit vs Reliance Securities on Special Offers and Promotion
  Nuvama Wealth Geojit Reliance Securities
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...

  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

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...

  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

Special Offers/Promo
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