Nuvama Wealth Vs SBICAP Securities Vs Fyers: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Fyers ranges between Rs 20. The broker Nuvama Wealth and Fyers are discount brokers where SBICAP Securities is a full service broker. Overall rating for Nuvama Wealth is 3.5, SBICAP Securities is rated 4, Fyers is rated 4 out of 5.

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

Compare 2 Brokers

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Service

	Nuvama Wealth	SBICAP Securities	Fyers
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	NSE, BSE	BSE, NSE, 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...	Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...	Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...
Broker Enquiry

Account Opening Charges and AMC

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs SBICAP Securities vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
Charges	Nuvama Wealth	SBICAP Securities	Fyers
Trading Account Opening Fees	Free	Rs 850	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 500 PA	Free
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Plan Options

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

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Plan Options
Plan Types	Nuvama Wealth	SBICAP Securities	Fyers
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Fyers	Nuvama Wealth
Account Opening Request	Open Zerodha Account Now>>	Open Fyers Account Now>>	Open Nuvama Wealth Account Now>>

Brokerage Charges

Compare Nuvama Wealth vs SBICAP Securities vs Fyerson 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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
Brokerage Charges Compare	Nuvama Wealth	SBICAP Securities	Fyers
Plan Name	Nuvama Lite	Standard or default brokerage plan	Max Rs 20 Per Order Trading Plan
Equity Delivery	Flat Rs. 10 per executed order	0.50%	Free
Equity Intraday	Flat Rs. 10 per executed order	0.05%	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Rs. 10 per executed order	0.05%	0.03% or Rs 20 whichever is lower
Equity Options	Flat Rs. 10 per executed order	Rs 100 Per Lot	Flat Fee Rs 20
Currency Futures	Flat Rs. 10 per executed order	0.03%	0.03% or Rs 20 whichever is lower
Currency Options	Flat Rs. 10 per executed order	Rs 30 Per Lot	Flat Fee Rs 20
Commodity Trading	0.01%	Rs. 100 per lot	Flat Fee Rs 20
Minimum Brokerage		Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges	Info Not Available	Info Not Available
Call & Trade Charges	Rs 20 per call	Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.	Rs 50 Per Order
Auto Square off Charges	Rs 20	First Free 30 per month, after Rs 10 per square-off	Rs 50 Per Order
Brokerage Calculator	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for SBICAP Securities	Brokerage Calculator for Fyers

Share Broker's Transaction Charges

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Transaction Charges

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
Transaction Charges Compare	Nuvama Wealth	SBICAP Securities	Fyers
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for fyers

Account Features

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Account Features

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Nuvama Wealth and Fyers offers only 2-in-1 account which includes trading and demat account. Margin Funding - Nuvama Wealth offers margin funding where SBICAP Securities and Fyers doesn't offers margin funding. NRI Trading - Nuvama Wealth and SBICAP Securities offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Nuvama Wealth vs SBICAP Securities vs Fyers
Account Features Compare	Nuvama Wealth	SBICAP Securities	Fyers
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:15 PM
NRI Trading
Other Features	NIL	Trading software terminal: ODIN Diet	Fyers 30 Day Challenge

Trading Platform

Compare Nuvama Wealth vs SBICAP Securities vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs SBICAP Securities vs Fyers. 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 SBICAP Securities vs Fyers
Trading Platform Compare	Nuvama Wealth	SBICAP Securities	Fyers
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://login1.sbismart.com/nidp/app/login	Fyers Web
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	SBISMART	Fyers 2.0 Mobile App
Mobile Trading App Demo	Nuvama Mobile Trader Demo	SBISMART Demo	Fyers 2.0 Mobile App Demo
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod SBISMART Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS SBISMART Download	iOS Fyers 2.0 Mobile App Download
Android Tablet App
iPad App (IOS)
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 SBICAP Securities	Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for SBICAP Securities	Futures Brokerage Calculator for Fyers
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for SBICAP Securities	Options Brokerage Calculator for Fyers
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for sbicap-securities	Detail on Trading Platforms for fyers

Broker Ratings by Users

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on User Rating

	Nuvama Wealth	SBICAP Securities	Fyers
	20 Customer Reviews	78 Customer Reviews	11 Customer Reviews
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	SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews	Fyers is Rated 3.2 / 5 based on 11 customer reviews

Investment Offerings

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Investment Offerings

Compare Nuvama Wealth vs SBICAP Securities vs Fyers 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 - Nuvama Wealth and Fyers offers Commodity Trading where SBICAP Securities doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where SBICAP Securities and Fyers doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
Investment Offerings Compare	Nuvama Wealth	SBICAP Securities	Fyers
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Customer Service Offered

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Customer Service

Compare Nuvama Wealth vs SBICAP Securities vs Fyers 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 SBICAP Securities vs Fyers
Customer Service Compare	Nuvama Wealth	SBICAP Securities	Fyers
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	022 6854 5555	08060001111
Account Opening Process	Online/Paperless	Offline	100% online and paperless proc
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.nuvamawealth.com/investology	https://www.sbismart.com/education	https://fyers.in/school-of-stocks/
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013	Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009
Website	https://www.nuvamawealth.com/	https://www.sbismart.com	https://fyers.in/

Tips/Research/Reports Published

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Research Reports, Tips

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on research reports and tips provided by broker.

Research Reports - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
	Nuvama Wealth	SBICAP Securities	Fyers
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs SBICAP Securities vs Fyers
	Nuvama Wealth	SBICAP Securities	Fyers
DP Source	CDSL	CDSL	CDSL
DP ID	32300	47200	89400
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹500	Free
Advance Deposit	NIL	0 for all	Nil
Statutory charges	Nil	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.02% of transaction value or ₹20 per transaction whichever is higher	0.01% of the transaction value (Min ₹21 and Max ₹300)	₹7 + ₹5.50 (CDSL Charges) per transaction
Demat	₹2 per certificate + ₹30 courier charges	₹5 per certificate + ₹35 courier charges	₹0
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹35 per certificate + CDSL Charges	₹0
Pledge Creation	0.02% of transaction value (Min ₹50)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Creation Confirmation	Nil	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure	0.02% of transaction value (Min ₹50)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Closure Confirmation	Nil	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Pledge Invocation	0.02% of transaction value (Min ₹50)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	Nil
Failed Instruction Charges	Nil	₹10	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Special Offers and Promotion

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

Compare Nuvama Wealth vs SBICAP Securities vs Fyers on Special Offers and Promotion
	Nuvama Wealth	SBICAP Securities	Fyers
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 on BSE, NSE, and MCX. Instant paperless 3-in-1 account opening with SBI Bank. Free web and app-based trading platforms. Invest in IPO, mutual funds, insurance, and get loans. Place upto 5 IPO applications from a single bank account. Comprehensive fundamental and technical research services across asset classes. Free trading tips and recommendations. Educative blogs, and videos as a learning source. Margin trading services. Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO). Place Good Till Date (GTD) order. Detail Review...	Trade on BSE, NSE, and MCX Free stocks and mutual funds investment Rs 20 fixed brokerage on all segments Invest in IPOs, OFS, SGBs, G-secs, and T-bills Cheapest Rs 50/order brokerage on NRI trading User-friendly mobile app and website for investors Fyers Next and Fyers One high-speed trading terminal for traders Fyers Thematic Investing: Invest in expert curated basket of stocks. Start Algo trading Access with Fyers API for free Bracket order, cover order, GTT, AMO, basket order Fyers School of Stocks, a free stock market learning platform. Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc. 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...	It charges high brokerage than other brokers like Zerodha, Upstox, etc. It does not provide any desktop trading software for pro traders. The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged. It doesn’t have any fixed/flat discount brokerage plan. Customers are not satisfied with the SBI Securities services. Detail Review...	No unlimited zero brokerage monthly plans No 3-in-1 account offering No mutual fund investment app Research reports are not offered free Detail Review...
Special Offers/Promo
	Enquire for Nuvama Wealth	Enquire for SBICAP Securities	Enquire for Fyers

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Transaction Charges Compare	Nuvama Wealth	SBICAP Securities	Fyers
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for nuvama-wealth	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for fyers