Nuvama Wealth Vs Upstox Vs TradeSmart: Which one is better?

The brokerage of Nuvama Wealth ranges between Rs 10, the brokerage of Upstox ranges between Rs 20, while the brokerage of TradeSmart ranges between Rs 15. All 3 brokers are discount brokers. Overall rating for Nuvama Wealth is 3.5, Upstox is rated 4.5, TradeSmart is rated 4 out of 5.

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

Compare 2 Brokers

Compare Nuvama Wealth vs Upstox vs TradeSmart on Service

	Nuvama Wealth	Upstox	TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX	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...	Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.	Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry

Account Opening Charges and AMC

Compare Nuvama Wealth vs Upstox vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared Nuvama Wealth vs Upstox vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth charges Free for account opening, Upstox charges Promotion offer: Free for account opeing, and TradeSmart charges 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, Upstox charges Free AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth vs Upstox vs TradeSmart
Charges	Nuvama Wealth	Upstox	TradeSmart
Trading Account Opening Fees	Free	Promotion offer: Free	Rs 200
Trading AMC	Free	Free	Free
Demat Account Opening Fees	Free	Free	Rs 200
Demat AMC	Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]	Free	Rs 300 PA
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs Upstox vs TradeSmart on Plan Options

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

Compare Nuvama Wealth vs Upstox vs TradeSmart on Plan Options
Plan Types	Nuvama Wealth	Upstox	TradeSmart
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

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

Brokerage Charges

Compare Nuvama Wealth vs Upstox vs TradeSmarton 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare Nuvama Wealth vs Upstox vs TradeSmart
Brokerage Charges Compare	Nuvama Wealth	Upstox	TradeSmart
Plan Name	Nuvama Lite	Max Rs 20 Per Order Trading Plan	Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery	Flat Rs. 10 per executed order	2.5% or Rs 20 whichever is lower	Flat Fee Rs 15
Equity Intraday	Flat Rs. 10 per executed order	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15
Equity Futures	Flat Rs. 10 per executed order	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15
Equity Options	Flat Rs. 10 per executed order	Flat Fee Rs 20	Flat Fee Rs 15
Currency Futures	Flat Rs. 10 per executed order	0.05% or Rs 20 whichever is lower	Flat Fee Rs 15
Currency Options	Flat Rs. 10 per executed order	Flat Fee Rs 20	Flat Fee Rs 15
Commodity Trading	0.01%	Flat Fee Rs 20	Flat Fee Rs 15
Minimum Brokerage
Hidden Charges	Info Not Available	Info Not Available
Call & Trade Charges	Rs 20 per call	Rs 50 + 18% GST	Rs 20 per executed Order
Auto Square off Charges	Rs 20	Rs 50 + 18% GST	Rs 20 per executed Order
Brokerage Calculator	Brokerage Calculator for Nuvama Wealth	Brokerage Calculator for Upstox	Brokerage Calculator for TradeSmart

Share Broker's Transaction Charges

Compare Nuvama Wealth vs Upstox vs TradeSmart on Transaction Charges

Compare Nuvama Wealth vs Upstox vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare Nuvama Wealth vs Upstox vs TradeSmart
Transaction Charges Compare	Nuvama Wealth	Upstox	TradeSmart
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 360 Per Cr \| Agri: Rs 275 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 upstox	Complete Brokerage Plans for trade-smart-online

Account Features

Compare Nuvama Wealth vs Upstox vs TradeSmart on Account Features

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

Account Features - Nuvama Wealth vs Upstox vs TradeSmart
Account Features Compare	Nuvama Wealth	Upstox	TradeSmart
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 Upstox vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth vs Upstox vs TradeSmart. 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 Upstox vs TradeSmart
Trading Platform Compare	Nuvama Wealth	Upstox	TradeSmart
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://pro.upstox.com/	https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo	Web Trading Demo	Web Trading Demo	Web Trading Demo
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	Upstox	Sine
Mobile Trading App Demo	Nuvama Mobile Trader Demo	Upstox Demo	Sine Demo
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod Upstox Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS Upstox Download	iOS Sine 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 Upstox	Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for Upstox	Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for Upstox	Options Brokerage Calculator for TradeSmart
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for upstox	Detail on Trading Platforms for trade-smart-online

Broker Ratings by Users

Compare Nuvama Wealth vs Upstox vs TradeSmart on User Rating

	Nuvama Wealth	Upstox	TradeSmart
	20 Customer Reviews	12 Customer Reviews	34 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	Upstox is Rated 3.7 / 5 based on 12 customer reviews	TradeSmart is Rated 4.0 / 5 based on 34 customer reviews

Investment Offerings

Compare Nuvama Wealth vs Upstox vs TradeSmart on Investment Offerings

Compare Nuvama Wealth vs Upstox vs TradeSmart 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 - Nuvama Wealth and Upstox offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where Upstox and TradeSmart doesn't offers PMS facility.

Investment Offerings - Compare Nuvama Wealth vs Upstox vs TradeSmart
Investment Offerings Compare	Nuvama Wealth	Upstox	TradeSmart
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 Upstox vs TradeSmart on Customer Service

Compare Nuvama Wealth vs Upstox vs TradeSmart 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 Upstox vs TradeSmart
Customer Service Compare	Nuvama Wealth	Upstox	TradeSmart
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	+91 22 6130 9999	022 61208000
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://upstox.com/help-center/	https://help.tradesmartonline.in/
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	Upstox Corporate Office Sunshine Tower, 30th Floor, Senapati Bapat Marg, Dadar (W), Mumbai - 400 013	Trade Smart Online, A-401, Mangalya, Marol Maroshi Road, Andheri East, Gamdevi, Marol, Andheri East, Mumbai, MH 400059
Website	https://www.nuvamawealth.com/	https://upstox.com/	https://tradesmartonline.in/

Tips/Research/Reports Published

Compare Nuvama Wealth vs Upstox vs TradeSmart on Research Reports, Tips

Compare Nuvama Wealth vs Upstox vs TradeSmart on research reports and tips provided by broker.

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

Demat Account

Compare Nuvama Wealth vs Upstox vs TradeSmart on Demat Account

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

Demat Charges - Compare Nuvama Wealth vs Upstox vs TradeSmart
	Nuvama Wealth	Upstox	TradeSmart
DP Source	CDSL	CDSL	CDSL
DP ID	32300	81800	30400
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹300 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	₹13 + ₹5.50 CDSL charges	₹25
Demat	₹2 per certificate + ₹30 courier charges	₹20 + ₹50 courier charges	₹500 per certificate (Min ₹500 per request)
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	₹100 for every hundred securities or ₹25 per certificate (whichever is higher)	₹500 per certificate (Min ₹500 per request)
Pledge Creation	0.02% of transaction value (Min ₹50)	0.02% of the transaction value (Min ₹50) + CDSL charges	₹200 per script ₹50 for trading margin each side
Pledge Creation Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	Nil
Pledge Closure	0.02% of transaction value (Min ₹50)	0.02% of the transaction value (Min ₹50) + CDSL charges	₹200 per script
Pledge Closure Confirmation	Nil	0.02% of the transaction value (Min ₹50) + CDSL charges	Nil
Pledge Invocation	0.02% of transaction value (Min ₹50)	0.05% of the transaction value (Min ₹50)	₹200 per script
Failed Instruction Charges	Nil	₹50	Nil
Other Charges

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Upstox vs TradeSmart on Special Offers and Promotion

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

Compare Nuvama Wealth vs Upstox vs TradeSmart on Special Offers and Promotion
	Nuvama Wealth	Upstox	TradeSmart
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...	Before you open an Upstox account, check out the advantages on why to trade with Upstox. No account opening charges and Zero Demat maintenance charge. Cheapest flat brokerage of Rs 20 per order Best platforms for traders and investors Invest in mutual funds and IPOs for free. Invest across global companies in 25+ countries. Advanced orders like bracket order, cover order, AMO, and GTT order. Advanced Pro web and mobile app-based trading platforms. TradingView charts, multiple technical indicators, and drawing tools Margin Trading Facility and margin against shares Free API access UpLearn free learning platform Detail Review...	Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading? Trade in stocks, derivatives, currencies, and commodities. Lowest brokerage: Trade at 15 flat brokerage fees. Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc. Super-efficient Trade Smart Box integrated back office portal. Tradetron Algo Trading with TradeSmart. No minimum balance is required. Instant UPI fund transfer. Free of cost Swing API. Apply for IPOs online using UPI. Online Direct mutual fund investment at Rs.0 brokerage. Online brokerage calculator to calculate trading cost upfront. TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts. Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO). Margin against shares (MAS) in your Demat account. No Hidden charges. 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 setbacks or disadvantages also while trading with Upstox; Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading. Upstox does not have unlimited monthly trading plan. It does not provide stock trading tips and recommendations. Does not offer NRI trading. 24/7 customer service is not available. Detail Review...	There are several disadvantages or limitations as well of trading with TradeSmart such as follows; You cannot invest in SME IPOs. TradeSmart App is only available on the Play Store. NRIs cannot open a Demat and Trading account at Trade smart. It does not provide trading tips, research, and portfolio management services. Detail Review...
Special Offers/Promo		Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs	Free Account Opening, Rs 400 Waived for a limited time.
	Enquire for Nuvama Wealth	Enquire for Upstox	Enquire for TradeSmart

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Transaction Charges Compare	Nuvama Wealth	Upstox	TradeSmart
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 360 Per Cr \| Agri: Rs 275 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 upstox	Complete Brokerage Plans for trade-smart-online