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5paisa Vs Nuvama Wealth: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. 5paisa is having overall higher rating compare to Nuvama Wealth. 5paisa is rated 4 out of 5 where Nuvama Wealth is rated only 3.5 out of 5. Number of active customer for 5paisa is 5,49,047 where number of active customer for Nuvama Wealth is 1,73,589. 5paisa is serving more customer compare to Nuvama Wealth.

Here we present side-by-side comparison of 5paisa vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Nuvama Wealth's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Nuvama Wealth share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Nuvama Wealth's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Nuvama Wealth on Service

	5paisa	Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	5,49,047	1,73,589
Broker Overview	5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m...	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...
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Account Opening Charges and AMC

Compare 5paisa vs Nuvama Wealth on Trading & Demat Account Opening Charges

Comparison of 5paisa with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Nuvama Wealth

Charges	5paisa	Nuvama Wealth
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 300 PA	Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service

About Brokerage Plans

Compare 5paisa vs Nuvama Wealth on Plan Options

Plans are the most important feature you look when compare 5paisa with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Nuvama Wealth on Plan Options

Plan Types	5paisa	Nuvama Wealth
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare 5paisa vs Nuvama Wealth on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

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.

Share Broker's Transaction Charges

Compare 5paisa vs Nuvama Wealth on Transaction Charges

Compare 5paisa with Nuvama Wealth on transaction charges and PCM fee by segment.

Account Features

Compare 5paisa vs Nuvama Wealth on Account Features

Compare 5paisa with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth offers NRI where 5paisa doesn't offers NRI Trading.

Account Features - 5paisa with Nuvama Wealth

Account Features Compare	5paisa	Nuvama Wealth
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	3:15 PM	3:15PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare 5paisa vs Nuvama Wealth on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Nuvama Wealth. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Nuvama Wealth

Trading Platform Compare	5paisa	Nuvama Wealth
Desktop Trading Platform	5paisaTradeStation	Xtreme Trader
Desktop Demo	Desktop Demo	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.5paisa.com/online-trading	https://tlounge.edelweiss.in/Login
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	5paisa Mobile App	Nuvama Mobile Trader
Mobile Trading App Demo	5paisa Mobile App Demo	Nuvama Mobile Trader Demo
Android Mobile App
Android App Download	Andriod 5paisa Mobile App Download	Andriod Nuvama Mobile Trader Download
iPhone Mobile App (IOS)
iOS App Download	iOS 5paisa Mobile App Download	iOS Nuvama Mobile Trader Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for 5paisa	Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator	Futures Brokerage Calculator for 5paisa	Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator	Options Brokerage Calculator for 5paisa	Options Brokerage Calculator for Nuvama Wealth
Detail	Detail on Trading Platforms for 5paisa	Detail on Trading Platforms for nuvama-wealth

Broker Ratings by Users

Compare 5paisa vs Nuvama Wealth on User Rating

	5paisa	Nuvama Wealth
	27 Customer Reviews	4 Customer Reviews
Fees Ratings	3.1	2.8
Trading Brokerage Rating	3.9	3.0
Trading Platform Usability	3.3	3.5
Customer Service Ratings	2.7	1.8
Overall Ratings	3.2	2.0
Broker Rating	5paisa is Rated 3.2 / 5 based on 27 customer reviews	Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews

Investment Offerings

Compare 5paisa vs Nuvama Wealth on Investment Offerings

Compare 5paisa with Nuvama Wealth 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where 5paisa doesn't offer

Investment Offerings - Compare 5paisa with Nuvama Wealth

Investment Offerings Compare	5paisa	Nuvama Wealth
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

Order Types

Compare 5paisa vs Nuvama Wealth on Order Types

Order Type - Compare 5paisa with Nuvama Wealth on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provide Bracket Orders (BO) where Nuvama Wealth doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Nuvama Wealth

Order Type Compare	5paisa	Nuvama Wealth
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare 5paisa vs Nuvama Wealth on Customer Service

Compare 5paisa with Nuvama Wealth on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Nuvama Wealth

Customer Service Compare	5paisa	Nuvama Wealth
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	+91 89766 89766	1800 102 3335
Account Opening Process	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.5paisa.com/knowledge-centre	https://www.nuvamawealth.com/investology
Head Office Address	5paisa headquater Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane - 400604	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098
Website	https://www.5paisa.com/	https://www.nuvamawealth.com/

Tips/Research/Reports Published

Compare 5paisa vs Nuvama Wealth on Research Reports, Tips

Compare 5paisa with Nuvama Wealth on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Nuvama Wealth

	5paisa	Nuvama Wealth
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare 5paisa vs Nuvama Wealth on Demat Account

Compare 5paisa with Nuvama Wealth on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nuvama Wealth is Free (₹1500 one time charges) where for 5paisa is ₹300 pa. Nuvama Wealth is a better choice in terms of Demat AMC compare to 5paisa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Nuvama Wealth

	5paisa	Nuvama Wealth
DP Source	CDSL	CDSL
DP ID	82500	19100
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	Free (₹1500 one time charges)
Advance Deposit	NIL	NIL
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹12.50 per ISIN	0.02% of transaction value or ₹20 per transaction whichever is higher
Demat	₹15 per certificate	₹2 per certificate + ₹30 courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate whichever is higher	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation	₹12.50 per script	0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation	NIL	Nil
Pledge Closure	₹12.50 per script	0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation	NIL	Nil
Pledge Invocation	NIL	0.02% of transaction value (Min ₹50)
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare 5paisa vs Nuvama Wealth on Special Offers and Promotion

Compare 5paisa with Nuvama Wealth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Nuvama Wealth on Special Offers and Promotion

	5paisa	Nuvama Wealth
Pay In and Pay Out Options	Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office. Pay-out/Fund Withdrawal - Bank Transfer only	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms.	Info Not Available
Bank Detail	5paisa, Account Number:5PAISA Bank and Branch: Yes Bank, CMS National Operating Centre MMR Account Type: Current Account IFSC Code: YESB0CMSNOC	Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000
Likes	Free account opening facility Cutting-edge trading platforms and products Free or Rs. 0 commission investment in mutual funds and US Stocks. cheapest brokerage plans – Super Saver Packs Zero brokerage on equity delivery in super saving pack  No brokerage for young generation age from 18 years to 23 years It Offers free trading course FinSchool for beginners  Advanced trading platform of 5Paisa Algo trading app  5Paisa API helps traders to get real time markets analysis from various resources.  Tips and calls on researched based stocks Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc Solve customer grievances instantly via call or e-mail. Secure and safe mobile application to protect its client’s data. Detail Review...	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...
Dislikes	High call & trade charges of Rs. 100/per call. 5paisa does not offer NRI trading services. A 3-in-1 account opening facility is unavailable. Delivery trading with 5paisa is not free in the basic plan. Detail Review...	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...
Special Offers/Promo
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