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Nuvama Wealth Vs Stoxkart: Which one is better?

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 Stoxkart Max Rs. 15 per order per trade. Both the brokers are Discount Brokers. Nuvama Wealth is having overall lower rating compare to Stoxkart. Nuvama Wealth is rated only 3.5 out of 5 where Stoxkart is rated 4 out of 5. Number of active customer for Nuvama Wealth is 1,73,589 where number of active customer for Stoxkart is 20,167. Nuvama Wealth is serving more customer compare to Stoxkart.

Here we present side-by-side comparison of Nuvama Wealth vs Stoxkart 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 Stoxkart'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 Stoxkart 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 Stoxkart'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 Nuvama Wealth vs Stoxkart on Service

  Nuvama Wealth Compare
Nuvama Wealth
Stoxkart Compare
Stoxkart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 1,73,589 20,167
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... Know more about Nuvama Wealth Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms.
Broker Enquiry Request call back from Nuvama Wealth Request call back from Zerodha
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Stoxkart on Trading & Demat Account Opening Charges

Comparison of Nuvama Wealth with Stoxkart on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account where Stoxkart charges Rs. 300 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth with Stoxkart
Charges Nuvama Wealth Stoxkart
Trading Account Opening Fees Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs. 300
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs Stoxkart on Plan Options

Plans are the most important feature you look when compare Nuvama Wealth with Stoxkart. 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 Nuvama Wealth with Stoxkart on Plan Options
Plan Types Nuvama Wealth Stoxkart
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Nuvama Wealth Zerodha
Account Opening Request
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Brokerage Charges

Compare Nuvama Wealth vs Stoxkart on 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.

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Brokerage Charges - Compare Nuvama Wealth with Stoxkart
Brokerage Charges Compare Nuvama Wealth Stoxkart
Plan Name Nuvama Lite Flat Brokerage Plan - Rs. 15 per order
Equity Delivery Flat Rs. 10 per executed order Free
Equity Intraday Flat Rs. 10 per executed order Flat Fee Rs 15 per order
Equity Futures Flat Rs. 10 per executed order Flat Fee Rs 15 per order
Equity Options Flat Rs. 10 per executed order Flat Fee Rs 15 per order
Currency Futures Flat Rs. 10 per executed order Flat Fee Rs 15 per order
Currency Options Flat Rs. 10 per executed order Flat Fee Rs 15 per order
Commodity Trading 0.01% Flat Fee Rs 15 per order
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA Yes
Call & Trade Charges Rs 20 per call Rs 20 Per Executable Order
Auto Square off Charges Rs 20 Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for Nuvama Wealth Brokerage Calculator for Stoxkart
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs Stoxkart on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth with Stoxkart
Transaction Charges Compare Nuvama Wealth Stoxkart
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 stoxkart
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Account Features

Compare Nuvama Wealth vs Stoxkart on Account Features

Compare Nuvama Wealth with Stoxkart 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 Stoxkart doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Nuvama Wealth with Stoxkart
Account Features Compare Nuvama Wealth Stoxkart
3 in 1 Account No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Nuvama Wealth vs Stoxkart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth and Stoxkart. 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 with Stoxkart
Trading Platform Compare Nuvama Wealth Stoxkart
Desktop Trading Platform Xtreme Trader
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://tlounge.edelweiss.in/Login yes
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes No
Mobile Trading App Nuvama Mobile Trader yes
Mobile Trading App Demo Nuvama Mobile Trader Demo yes Demo
Android Mobile App Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod yes Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS yes Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth Equity Intraday and Delivery Brokerage Calculator for Stoxkart
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for Stoxkart
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for Stoxkart
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for stoxkart

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Broker Ratings by Users

Compare Nuvama Wealth vs Stoxkart on User Rating

  Nuvama Wealth Stoxkart
  4 Customer Reviews    Rate Nuvama Wealth Customer Reviews    Rate Stoxkart
Fees Ratings 2.8
Trading Brokerage Rating 3.0
Trading Platform Usability 3.5
Customer Service Ratings 1.8
Overall Ratings 2.0
Broker Rating Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Nuvama Wealth vs Stoxkart on Investment Offerings

Compare Nuvama Wealth with Stoxkart 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 Stoxkart doesn't offer

Investment Offerings - Compare Nuvama Wealth with Stoxkart
Investment Offerings Compare Nuvama Wealth Stoxkart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Nuvama Wealth vs Stoxkart on Order Types

Order Type - Compare Nuvama Wealth with Stoxkart 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) - Stoxkart provides 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 Nuvama Wealth with Stoxkart
Order Type Compare Nuvama Wealth Stoxkart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare Nuvama Wealth vs Stoxkart on Customer Service

Compare Nuvama Wealth with Stoxkart 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 Nuvama Wealth with Stoxkart
Customer Service Compare Nuvama Wealth Stoxkart
24/7 Customer Service Nuvama Wealth vs Stoxkart - 24x7 customer support No Yes
Email Support Nuvama Wealth vs Stoxkart - Email Support Yes Yes
Onine Live Chat Nuvama Wealth vs Stoxkart - Onine Live Chat No Yes
Phone Support Nuvama Wealth vs Stoxkart - Phone Support Yes Yes
Toll Free Number Nuvama Wealth vs Stoxkart - Toll Free Number Yes Yes
Through Branches Nuvama Wealth vs Stoxkart - Through Branches Yes Yes
Customer Care Number Nuvama Wealth vs Stoxkart - Customer Care Number 1800 102 3335 1800 11 3331
Account Opening Process Nuvama Wealth vs Stoxkart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Nuvama Wealth vs Stoxkart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Nuvama Wealth vs Stoxkart - Knowledge Center/Education https://www.nuvamawealth.com/investology https://www.stoxkart.com/learning-center.php
Head Office Address Nuvama Wealth vs Stoxkart - Head Office Address/Corporate Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Website Nuvama Wealth vs Stoxkart - Company Website https://www.nuvamawealth.com/ https://www.stoxkart.com/
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Tips/Research/Reports Published

Compare Nuvama Wealth vs Stoxkart on Research Reports, Tips

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

Research Reports - Compare Nuvama Wealth with Stoxkart
  Nuvama Wealth Stoxkart
Research Mutual Funds Nuvama Wealth vs Stoxkart - Research Mutual Funds Yes No
Research Equity Reports Nuvama Wealth vs Stoxkart - Research Equity Reports Yes No
Research ETF Nuvama Wealth vs Stoxkart - Research ETF Yes No
Daily Market Report Nuvama Wealth vs Stoxkart - Daily Market Report Yes No
Free Tips Nuvama Wealth vs Stoxkart - Free Tips Yes Yes
Quarterly Result Analysis Nuvama Wealth vs Stoxkart - Quarterly Results Yes No
News Alerts Nuvama Wealth vs Stoxkart - Yes No
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Demat Account

Compare Nuvama Wealth vs Stoxkart on Demat Account

Compare Nuvama Wealth with Stoxkart 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 Stoxkart is ₹300 pa. Nuvama Wealth is a better choice in terms of Demat AMC compare to Stoxkart.

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 Stoxkart is ₹10+CDSL charges ₹5.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 Nuvama Wealth with Stoxkart
  Nuvama Wealth Stoxkart
DP Source CDSL CDSL
DP ID Nuvama Wealth vs Stoxkart - DP ID 19100 19100
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹300 pa
Advance Deposit NIL AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher ₹10+CDSL charges ₹5
Demat ₹2 per certificate + ₹30 courier charges ₹150 per certificate
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges ₹150 for every hundred securities + depositry charges
Pledge Creation 0.02% of transaction value (Min ₹50) ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure 0.02% of transaction value (Min ₹50) ₹20
Pledge Closure Confirmation Nil ₹20
Pledge Invocation 0.02% of transaction value (Min ₹50) ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Stoxkart on Special Offers and Promotion

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

Compare Nuvama Wealth vs Stoxkart on Special Offers and Promotion
  Nuvama Wealth Stoxkart
Pay In and Pay Out Options Nuvama Wealth vs Stoxkart - 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

Pay-in/adding funds - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Nuvama Wealth vs Stoxkart - Payout Time Upto 24 Hrs except Bank Holidays.

Max 24 hrs except bank holidays

Bank Supported and Charges Nuvama Wealth vs Stoxkart - Bank Supported and Charges Info Not Available 22+ Banks
Bank Detail Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
IFSC Code: HDFC0000003
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...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

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 does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquiry Open Nuvama Wealth Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-15T22:01:18+00:00