FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Nuvama Wealth Max Rs 10 per trade while the brokerage of Aditya Birla Money ranges between 0.02% to 0.20%. Nuvama Wealth is a Discount Broker where Aditya Birla Money is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for Aditya Birla Money is 80,213. Nuvama Wealth is serving more customer compare to Aditya Birla Money.
Here we present side-by-side comparison of Nuvama Wealth vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Nuvama Wealth vs Aditya Birla Money'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 Nuvama Wealth vs Aditya Birla Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Nuvama Wealth vs Aditya Birla Money's on
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.
Comparison of Nuvama Wealth with Aditya Birla Money on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account where Aditya Birla Money charges Rs 436 AMC for Demat account.
Charges | Nuvama Wealth | Aditya Birla Money |
---|---|---|
Trading Account Opening Fees | Free | Rs 750 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Rs 436 |
Provide DP Service |
Plans are the most important feature you look when compare Nuvama Wealth with Aditya Birla Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama Wealth provide Multiple Plans where Aditya Birla Money doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | Nuvama Wealth | Aditya Birla Money |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Nuvama Wealth | Zerodha | |
---|---|---|
Account Opening Request |
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.
Aditya Birla Money Brokerage Plan detail - This is a standard plan by Aditya Birla Money. This is a % based brokerage plan. Brokerage is between .02% to .20%, which is 2 paisa to 20 paisa.
Brokerage Charges Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
Plan Name | Nuvama Lite | I-Decide Trading Plan (Percentage Based) |
Equity Delivery | Flat Rs. 10 per executed order | 0.20% or 20 paisa |
Equity Intraday | Flat Rs. 10 per executed order | 0.02% or 2 paisa |
Equity Futures | Flat Rs. 10 per executed order | 0.02% or 2 paisa |
Equity Options | Flat Rs. 10 per executed order | Rs 50 Per Lot |
Currency Futures | Flat Rs. 10 per executed order | 0.02% or 2 paisa |
Currency Options | Flat Rs. 10 per executed order | Rs 50 Per Lot |
Commodity Trading | 0.01% | 0.02% |
Minimum Brokerage | NIL | A minimum brokerage of Rs.20 per executed order |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Yes - 24% interest PA | Info Not Available |
Call & Trade Charges | Rs 20 per call | NA |
Auto Square off Charges | Rs 20 | NA |
Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Aditya Birla Money |
Compare Nuvama Wealth with Aditya Birla Money on transaction charges and PCM fee by segment.
Transaction Charges Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
Equity Delivery | 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 |
Equity Futures | 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 |
Currency Futures | 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 |
Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 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 aditya-birla-money |
Compare Nuvama Wealth with Aditya Birla Money 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 - Nuvama Wealth offers Algo Trading where Aditya Birla Money doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth offers NRI where Aditya Birla Money doesn't offers NRI Trading.
Account Features Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
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 |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth and Aditya Birla Money. 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 | Nuvama Wealth | Aditya Birla Money |
---|---|---|
Desktop Trading Platform | Xtreme Trader | Espress Trade |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://tlounge.edelweiss.in/Login | https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn |
Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Nuvama Mobile Trader | ABM Mobile Invest |
Mobile Trading App Demo | Nuvama Mobile Trader Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod Nuvama Mobile Trader Download | Andriod ABM Mobile Invest Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Nuvama Mobile Trader Download | iOS ABM Mobile Invest Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money |
Futures Brokerage Calculator | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for Aditya Birla Money |
Options Brokerage Calculator | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for Aditya Birla Money |
Detail | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for aditya-birla-money |
Compare Nuvama Wealth with Aditya Birla Money 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 provide PMS Service where Aditya Birla Money doesn't offer
Investment Offerings Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
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 Type - Compare Nuvama Wealth with Aditya Birla Money 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) - Nuvama Wealth provide Cover Orders (CO) where Aditya Birla Money doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).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 Type Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Nuvama Wealth with Aditya Birla Money 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 Service Compare | Nuvama Wealth | Aditya Birla Money |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1800 102 3335 | 1800-270-7000 |
Account Opening Process | Online/Paperless | Info Not Available |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://www.nuvamawealth.com/investology | https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center |
Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006 |
Website | https://www.nuvamawealth.com/ | https://stocksandsecurities.adityabirlacapital.com/ |
Compare Nuvama Wealth with Aditya Birla Money on research reports and tips provided by the broker.
Compare Nuvama Wealth with Aditya Birla Money 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 Aditya Birla Money is ₹450 pa. Nuvama Wealth is a better choice in terms of Demat AMC compare to Aditya Birla Money.
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 Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher where for Aditya Birla Money is ₹30 per ISIN.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
Compare Nuvama Wealth with Aditya Birla Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Nuvama Wealth | Aditya Birla Money | |
---|---|---|
Pay In and Pay Out Options | 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 |
Info Not Available |
Payout Time | Upto 24 Hrs except Bank Holidays. | Info Not Available |
Bank Supported and Charges | Info Not Available | Info Not Available |
Bank Detail | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
Info Not Available |
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Special Offers/Promo | ||
Enquiry | Open Nuvama Wealth Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2024-01-15T22:01:18+00:00