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Wisdom Capital 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 Wisdom Capital Max Rs 9 per trade while the brokerage of Nuvama Wealth Max Rs 10 per trade. Both the brokers are Discount Brokers. Wisdom Capital is having overall higher rating compare to Nuvama Wealth. Wisdom Capital is rated 4 out of 5 where Nuvama Wealth is rated only 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for Wisdom Capital is 3,820. Nuvama Wealth is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital vs Nuvama Wealth on Service

  Wisdom Capital Compare
Wisdom Capital
Nuvama Wealth Compare
Nuvama Wealth
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 BSE, NSE, MCX, NCDEX
Active Clients 3,820 1,74,590
Broker Overview Wisdom Capital shines in its ability to personalize the broker-trader relationship. With price, execution and service mattering the most to hyperactive traders, Wisdom Capital is competitive in the first two (price & execution) and specializes in the... Know more about Wisdom Capital 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
Broker Enquiry Request call back from Zerodha Request call back from Nuvama Wealth
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Account Opening Charges and AMC

Compare Wisdom Capital vs Nuvama Wealth on Trading & Demat Account Opening Charges

Comparison of Wisdom Capital 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 - Wisdom Capital charges Rs 999 Life time AMC 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 Wisdom Capital with Nuvama Wealth
Charges Wisdom Capital Nuvama Wealth
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 999 Life time AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Wisdom Capital vs Nuvama Wealth on Plan Options

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

Account Opening

  Zerodha Nuvama Wealth
Account Opening Request
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Brokerage Charges

Compare Wisdom Capital vs Nuvama Wealth on Brokerage Charges

Wisdom Capital Brokerage Plan detail - Trade on your Pro Plan,buy and sell FnO Rs 9 Per trade, 0.005% Intraday,0.05% Delivery.If you are large or small investore this will give you freedom in your trade. Delivery Limit/Margin In Cash is 1X,Intraday Limit/Margin In Futures is 6X MIS & 20X in Cover Order,Intraday Limit/Margin In Options is 1X Buy & 6X Sell,Intraday Limit/Margin In Cash is Upto 40 X MIS, Intraday Limit/Margin In Delivery is Upto 5X.

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.

Brokerage Charges - Compare Wisdom Capital with Nuvama Wealth
Brokerage Charges Compare Wisdom Capital Nuvama Wealth
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) Nuvama Lite
Equity Delivery 0.05% or 5 paisa Flat Rs. 10 per executed order
Equity Intraday 0.01% or 1 paisa Flat Rs. 10 per executed order
Equity Futures Flat Fee Rs 9 Flat Rs. 10 per executed order
Equity Options Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Futures Flat Fee Rs 9 Flat Rs. 10 per executed order
Currency Options Flat Fee Rs 9 Flat Rs. 10 per executed order
Commodity Trading Flat Fee Rs 9 0.01%
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges NA Rs 20 per call
Auto Square off Charges NA Rs 20
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for Nuvama Wealth
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Share Broker's Transaction Charges

Compare Wisdom Capital vs Nuvama Wealth on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with Nuvama Wealth
Transaction Charges Compare Wisdom Capital Nuvama Wealth
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for wisdom-capital Complete Brokerage Plans for nuvama-wealth
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Account Features

Compare Wisdom Capital vs Nuvama Wealth on Account Features

Compare Wisdom Capital 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 - Nuvama Wealth offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI where Wisdom Capital doesn't offers NRI Trading.

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

Compare Wisdom Capital vs Nuvama Wealth on Trading Platform

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

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Broker Ratings by Users

Compare Wisdom Capital vs Nuvama Wealth on User Rating

  Wisdom Capital Nuvama Wealth
  8 Customer Reviews    Rate Wisdom Capital 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings 4.3 2.8
Trading Brokerage Rating 4.5 3.0
Trading Platform Usability 3.3 3.5
Customer Service Ratings 4.4 1.8
Overall Ratings 3.9 2.0
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Wisdom Capital vs Nuvama Wealth on Investment Offerings

Compare Wisdom Capital 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 - Nuvama Wealth offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where Wisdom Capital doesn't offer

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

Compare Wisdom Capital vs Nuvama Wealth on Order Types

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

Compare Wisdom Capital vs Nuvama Wealth on Customer Service

Compare Wisdom Capital 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 Wisdom Capital with Nuvama Wealth
Customer Service Compare Wisdom Capital Nuvama Wealth
24/7 Customer Service Wisdom Capital vs Nuvama Wealth - 24x7 customer support No No
Email Support Wisdom Capital vs Nuvama Wealth - Email Support Yes Yes
Onine Live Chat Wisdom Capital vs Nuvama Wealth - Onine Live Chat Yes No
Phone Support Wisdom Capital vs Nuvama Wealth - Phone Support Yes Yes
Toll Free Number Wisdom Capital vs Nuvama Wealth - Toll Free Number No Yes
Through Branches Wisdom Capital vs Nuvama Wealth - Through Branches No Yes
Customer Care Number Wisdom Capital vs Nuvama Wealth - Customer Care Number Info Not Available 1800 102 3335
Account Opening Process Wisdom Capital vs Nuvama Wealth - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Wisdom Capital vs Nuvama Wealth - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Wisdom Capital vs Nuvama Wealth - Knowledge Center/Education Info Not Available https://www.nuvamawealth.com/investology
Head Office Address Wisdom Capital vs Nuvama Wealth - Head Office Address/Corporate Address Info Not Available Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Wisdom Capital vs Nuvama Wealth - Company Website Info Not Available https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Wisdom Capital vs Nuvama Wealth on Research Reports, Tips

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

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

Compare Wisdom Capital vs Nuvama Wealth on Demat Account

Compare Wisdom Capital 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.

Both the brokers offer Free Demat AMC.

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 Wisdom Capital is ₹12 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 Wisdom Capital with Nuvama Wealth
  Wisdom Capital Nuvama Wealth
DP Source NSDL CDSL
DP ID Wisdom Capital vs Nuvama Wealth - DP ID No 19100
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable deposit + ₹1000 one time charges) Free (₹1500 one time charges)
Advance Deposit NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹3 per certificate + ₹20 per DFR ₹2 per certificate + ₹30 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation ₹50 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs Nuvama Wealth on Special Offers and Promotion

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

Compare Wisdom Capital vs Nuvama Wealth on Special Offers and Promotion
  Wisdom Capital Nuvama Wealth
Pay In and Pay Out Options Wisdom Capital vs Nuvama Wealth - Pay In and Pay Out Options Info Not Available 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 Wisdom Capital vs Nuvama Wealth - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Wisdom Capital vs Nuvama Wealth - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes

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 No support to invest in IPOs, Mutual Fund and Bonds; charges for using semi-automated algo trading.

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
Enquiry Open Zerodha Account Now>> Open Nuvama Wealth Account Now>>

Last Updated on 2019-06-27T00:43:21+00:00