Nuvama Wealth Vs IIFL Securities Vs Sharekhan: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of IIFL Securities ranges between Rs 20, while the brokerage of Sharekhan ranges between 0.1 to 0.5%. The broker IIFL Securities and Sharekhan are a full service brokers where Nuvama Wealth is a discount broker. Overall rating for Nuvama Wealth is 3.5, IIFL Securities is rated 4, Sharekhan is rated 4 out of 5.

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

Compare 2 Brokers

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Service

	Nuvama Wealth	IIFL Securities	Sharekhan
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...	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...
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Account Opening Charges and AMC

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs IIFL Securities vs Sharekhan 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, IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account, where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs IIFL Securities vs Sharekhan
Charges	Nuvama Wealth	IIFL Securities	Sharekhan
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 250 PA (Free for 1st year)	Rs 400 PA (Free for 1st year))
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Plan Options

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

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Plan Options
Plan Types	Nuvama Wealth	IIFL Securities	Sharekhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Sharekhan	IIFL Securities	Nuvama Wealth
Account Opening Request	Open Sharekhan Account Now>>	Open IIFL Securities Account Now>>	Open Nuvama Wealth Account Now>>

Brokerage Charges

Compare Nuvama Wealth vs IIFL Securities vs Sharekhanon 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.

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Brokerage Charges - Compare Nuvama Wealth vs IIFL Securities vs Sharekhan
Brokerage Charges Compare	Nuvama Wealth	IIFL Securities	Sharekhan
Plan Name	Nuvama Lite	IIFL iSERVE Brokerage Plan	Sharkehan Brokerage Plan
Equity Delivery	Flat Rs. 10 per executed order	Flat Rs 20 per order	0.30%
Equity Intraday	Flat Rs. 10 per executed order	Flat Rs 20 per order	0.02%
Equity Futures	Flat Rs. 10 per executed order	Flat Rs 20 per order	0.02%
Equity Options	Flat Rs. 10 per executed order	Flat Rs 20 per order	Rs 20 per lot
Currency Futures	Flat Rs. 10 per executed order	Flat Rs 20 per order	0.02%
Currency Options	Flat Rs. 10 per executed order	Flat Rs 20 per order	Rs 5 per lot
Commodity Trading	0.01%	Flat Rs 20 per order	Rs 20 per lot
Minimum Brokerage			Rs 20
Hidden Charges	Info Not Available	Info Not Available
Call & Trade Charges	Rs 20 per call	Rs 50 Per Call + GST	Free
Auto Square off Charges	Rs 20	Rs 50 Per Call + GST	Free
Brokerage Calculator	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Sharekhan

Share Broker's Transaction Charges

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Transaction Charges

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs IIFL Securities vs Sharekhan
Transaction Charges Compare	Nuvama Wealth	IIFL Securities	Sharekhan
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 iifl-securities	Complete Brokerage Plans for sharekhan

Account Features

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Account Features

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan 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 IIFL Securities vs Sharekhan
Account Features Compare	Nuvama Wealth	IIFL Securities	Sharekhan
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	3:15PM
NRI Trading
Other Features	NIL	NIL	NIL

Trading Platform

Compare Nuvama Wealth vs IIFL Securities vs Sharekhanon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs IIFL Securities vs Sharekhan. 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 IIFL Securities vs Sharekhan
Trading Platform Compare	Nuvama Wealth	IIFL Securities	Sharekhan
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://ttweb.indiainfoline.com	https://www.sharekhan.com/
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	IIFL Markets	Sharekhan
Mobile Trading App Demo	Nuvama Mobile Trader Demo	IIFL Markets Demo	Sharekhan Demo
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod IIFL Markets Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS IIFL Markets Download	iOS Sharekhan 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 IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Sharekhan
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Sharekhan
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Sharekhan
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for sharekhan

Broker Ratings by Users

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on User Rating

	Nuvama Wealth	IIFL Securities	Sharekhan
	20 Customer Reviews	82 Customer Reviews	184 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	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Sharekhan is Rated 3.6 / 5 based on 184 customer reviews

Investment Offerings

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Investment Offerings

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan 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 IIFL Securities vs Sharekhan
Investment Offerings Compare	Nuvama Wealth	IIFL Securities	Sharekhan
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 IIFL Securities vs Sharekhan on Customer Service

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan 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 IIFL Securities vs Sharekhan
Customer Service Compare	Nuvama Wealth	IIFL Securities	Sharekhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	022-40071000	1800227500
Account Opening Process	Online/Paperless	Online/Paperless	Offline
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.nuvamawealth.com/investology	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://www.sharekhan.com/help/hello
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042
Website	https://www.nuvamawealth.com/	https://www.indiainfoline.com/	https://www.sharekhan.com

Tips/Research/Reports Published

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Research Reports, Tips

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on research reports and tips provided by broker.

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

Demat Account

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs IIFL Securities vs Sharekhan
	Nuvama Wealth	IIFL Securities	Sharekhan
DP Source	CDSL	CDSL	CDSL
DP ID	32300	44700	36000
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹400 pa	₹500 pa
Advance Deposit	NIL	Nil	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges	Nil	Nil	Actual 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)	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)
Demat	₹2 per certificate + ₹30 courier charges	₹15 per certificate + ₹40 courier charges	₹5 per certificate (Min 50 per request)
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹50 per certificate or ₹50 for every hundred securities
Pledge Creation	0.02% of transaction value (Min ₹50)	₹50	0.03% (Min ₹100)
Pledge Creation Confirmation	Nil	Nil	Nil
Pledge Closure	0.02% of transaction value (Min ₹50)	Nil	Nil
Pledge Closure Confirmation	Nil	Nil	Nil
Pledge Invocation	0.02% of transaction value (Min ₹50)	Nil	Nil
Failed Instruction Charges	Nil	Nil	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Special Offers and Promotion

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

Compare Nuvama Wealth vs IIFL Securities vs Sharekhan on Special Offers and Promotion
	Nuvama Wealth	IIFL Securities	Sharekhan
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...	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. Detail Review...	Free account opening facility at zero fees. Multiple brokerage plans for traders and investors. In-house easy-to-use modern-technology web, app, and terminal-based trading platforms. Free mutual fund investment at Rs. 0 brokerage. Sharekhan NEO, a mutual fund Robo-advisory platform. Intraday trading tips, recommendations, and stock market research & advisory Invest in the basket of stocks (portfolio) and get timely recommendations. Margin trading facility, portfolio management services, and loan against securities. Free call and trade facility to customers. Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order. Free learning resources (Sharekhan classroom, articles & blogs) for stock market education. A dedicated team of 7500+ relationship managers. 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...	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. Detail Review...	It doesn’t allow opening a 3-in-1 account. High brokerage charge is the biggest drawback to trading with Sharekhan. Does not offer Direct mutual fund. Detail Review...
Special Offers/Promo
	Enquire for Nuvama Wealth	Enquire for IIFL Securities	Enquire for Sharekhan

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Transaction Charges Compare	Nuvama Wealth	IIFL Securities	Sharekhan
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 iifl-securities	Complete Brokerage Plans for sharekhan