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Nuvama Wealth Vs LSE Securities: 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 LSE Securities ranges between .02% to .20%. Nuvama Wealth is a Discount Broker where LSE Securities is a Full Service Broker. Nuvama Wealth is having overall higher rating compare to LSE Securities. Nuvama Wealth is rated 3.5 out of 5 where LSE Securities is rated only 3 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for LSE Securities is . Nuvama Wealth is serving more customer compare to LSE Securities.

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

  Nuvama Wealth Compare
Nuvama Wealth
LSE Securities Compare
LSE Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 1,74,590
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 LSE Securities Limited p empowers you with ODIN trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.
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 LSE Securities on Trading & Demat Account Opening Charges

Comparison of Nuvama Wealth with LSE Securities on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account where LSE Securities charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth with LSE Securities
Charges Nuvama Wealth LSE Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] Rs 250 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Nuvama Wealth vs LSE Securities on Plan Options

Plans are the most important feature you look when compare Nuvama Wealth with LSE Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama Wealth provide Multiple Plans where LSE Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Nuvama Wealth with LSE Securities on Plan Options
Plan Types Nuvama Wealth LSE Securities
Multiple Plans Yes No
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 LSE Securities 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.

LSE Securities Brokerage Plan detail - This is a standard plan by LSE Securities.This is % based brokerage plan.

Brokerage Charges - Compare Nuvama Wealth with LSE Securities
Brokerage Charges Compare Nuvama Wealth LSE Securities
Plan Name Nuvama Lite Basic Trading Plan (Percentage Based)
Equity Delivery Flat Rs. 10 per executed order 0.3% or 30 paisa
Equity Intraday Flat Rs. 10 per executed order 0.03% or 3 paisa
Equity Futures Flat Rs. 10 per executed order 0.03% or 3 paisa
Equity Options Flat Rs. 10 per executed order Rs 50 Per Lot
Currency Futures Flat Rs. 10 per executed order 0.03% or 3 paisa
Currency Options Flat Rs. 10 per executed order Rs 30 Per Lot
Commodity Trading 0.01% NA
Minimum Brokerage NIL NIL
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 LSE Securities
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Share Broker's Transaction Charges

Compare Nuvama Wealth vs LSE Securities on Transaction Charges

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

Transaction Charges - Compare Nuvama Wealth with LSE Securities
Transaction Charges Compare Nuvama Wealth LSE Securities
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 NA
Brokerage Charges Complete Brokerage Plans for nuvama-wealth Complete Brokerage Plans for lse-securities
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Account Features

Compare Nuvama Wealth vs LSE Securities on Account Features

Compare Nuvama Wealth with LSE Securities 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 LSE Securities doesn't offers Algo Trading. Margin Funding - Nuvama Wealth offers a margin funding where LSE Securities doesn't offers margin funding. NRI Trading - Nuvama Wealth offers NRI where LSE Securities doesn't offers NRI Trading.

Account Features - Nuvama Wealth with LSE Securities
Account Features Compare Nuvama Wealth LSE Securities
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 No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Nuvama Wealth vs LSE Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth and LSE Securities. 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 LSE Securities
Trading Platform Compare Nuvama Wealth LSE Securities
Desktop Trading Platform Xtreme Trader ODIN Diet
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 http://www.nowonline.in/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes No
Mobile Trading App Nuvama Mobile Trader NSE NOW
Mobile Trading App Demo Nuvama Mobile Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Nuvama Mobile Trader Download Andriod NSE NOW Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Nuvama Mobile Trader Download iOS NSE NOW Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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 LSE Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Nuvama Wealth Futures Brokerage Calculator for LSE Securities
Options Brokerage Calculator Options Brokerage Calculator for Nuvama Wealth Options Brokerage Calculator for LSE Securities
Detail Detail on Trading Platforms for nuvama-wealth Detail on Trading Platforms for lse-securities

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Broker Ratings by Users

Compare Nuvama Wealth vs LSE Securities on User Rating

  Nuvama Wealth LSE Securities
  4 Customer Reviews    Rate Nuvama Wealth Customer Reviews    Rate LSE Securities
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 LSE Securities on Investment Offerings

Compare Nuvama Wealth with LSE Securities 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 - Nuvama Wealth offers trading options in Commodity (MCX) where LSE Securities doesn't offer. Online Mutual Fund Investment - Nuvama Wealth offers online mutual fund investment option where LSE Securities doesn't offer. Portfolio Management Services (PMS) - Nuvama Wealth provide PMS Service where LSE Securities doesn't offer

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

Compare Nuvama Wealth vs LSE Securities on Order Types

Order Type - Compare Nuvama Wealth with LSE Securities 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 LSE Securities 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)- Nuvama Wealth offers After Market Orders where LSE Securities doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Nuvama Wealth vs LSE Securities on Customer Service

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

Compare Nuvama Wealth vs LSE Securities on Research Reports, Tips

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

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

Compare Nuvama Wealth vs LSE Securities on Demat Account

Compare Nuvama Wealth with LSE Securities 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 LSE Securities is Option I (Normal) a)Having Trading Account with LSC Securities Ltd. Individual Rs.350/- Corp. Rs.3500/- Sub-Broker-NIL b)Not having trading account with LSC Securities Ltd. Hold. value upto 1 Cr. Rs. 500/- (Individual) Rs. 5000/- (Corp.) Hold. value above 1 Cr. Rs.1000/-(Individual) Hold. value above 1 Cr. and upto Rs.10 Cr. Rs.10000/- (Corp.) Hold. value above 10 Cr. Rs. 25000/- (Corp.) Option II (Life Time AMC) Rs. 1500/- (For Individual) Option III (BSDA) For Hold. Value upto Rs. 50000-NIL For Hold. Value Between 50001 to 200000 Rs. 100/-. Nuvama Wealth is a better choice in terms of Demat AMC compare to LSE Securities.

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 LSE Securities is Transfer to Pool/Beneficiary Account of LSC Securities Ltd. For Option I-Nomal Rs. 15/-per ISIN For option II-Life Time Rs.20 per ISIN For Option III-BSDA- Rs. 30/- per ISIN Auto POA For Option I -Normal and Option II ?(Life Time) Rs.8/- per ISIN FOR Option III-BSDA Rs. 25/- per ISIN Off Mkt and other : (FOR Option I-Normal and Option II-Life Time AMC) Rs. 30 per ISIN (Trf.value upto 10 lacs) Rs. 100 per ISIN (Trf. Value above 10 lacs) (FOR Option III-BSDA) Rs. 50 per ISIN (Trf.value upto 10 lacs) Rs. 150 per ISIN (Trf. Value above 10 lacs).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 LSE Securities
  Nuvama Wealth LSE Securities
DP Source CDSL CDSL
DP ID Nuvama Wealth vs LSE Securities - DP ID 19100 No
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) Option I (Normal) a)Having Trading Account with LSC Securities Ltd. Individual Rs.350/- Corp. Rs.3500/- Sub-Broker-NIL b)Not having trading account with LSC Securities Ltd. Hold. value upto 1 Cr. Rs. 500/- (Individual) Rs. 5000/- (Corp.) Hold. value above 1 Cr. Rs.1000/-(Individual) Hold. value above 1 Cr. and upto Rs.10 Cr. Rs.10000/- (Corp.) Hold. value above 10 Cr. Rs. 25000/- (Corp.) Option II (Life Time AMC) Rs. 1500/- (For Individual) Option III (BSDA) For Hold. Value upto Rs. 50000-NIL For Hold. Value Between 50001 to 200000 Rs. 100/-
Advance Deposit NIL NIL
Statutory charges Nil NIL [SAME FOR OPTION - I II III & IV]
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value or ₹20 per transaction whichever is higher Transfer to Pool/Beneficiary Account of LSC Securities Ltd. For Option I-Nomal Rs. 15/-per ISIN For option II-Life Time Rs.20 per ISIN For Option III-BSDA- Rs. 30/- per ISIN Auto POA For Option I -Normal and Option II ?(Life Time) Rs.8/- per ISIN FOR Option III-BSDA Rs. 25/- per ISIN Off Mkt and other : (FOR Option I-Normal and Option II-Life Time AMC) Rs. 30 per ISIN (Trf.value upto 10 lacs) Rs. 100 per ISIN (Trf. Value above 10 lacs) (FOR Option III-BSDA) Rs. 50 per ISIN (Trf.value upto 10 lacs) Rs. 150 per ISIN (Trf. Value above 10 lacs)
Demat ₹2 per certificate + ₹30 courier charges Option I ?Normal : Rs. 3/- per certificate Option II-Life Time: Rs.5/- per certificate Option III-BSDA : Rs.10/- per certificate
Remat ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges Option I-Normal : Rs.20 per certificate or Rs.10 per 100 share or securities whichever is higher Option II-Life Time AMC and Option III (BSDA)- Rs.40/-per certificate or Rs.15 per 100 shares or securities whichever is higher
Pledge Creation 0.02% of transaction value (Min ₹50) Option I (Normal A/c) : Rs. 25/-per ISIN Option II-Life Time AMC and Option III (BSDA) : Rs.50/-per ISIN
Pledge Creation Confirmation Nil NIL [SAME FOR OPTION - I II III
Pledge Closure 0.02% of transaction value (Min ₹50) Option I (Normal A/c) : Rs. 25/-per ISIN Option II-Life Time AMC and Option III (BSDA) : Rs.50/-per ISIN
Pledge Closure Confirmation Nil NIL [SAME FOR OPTION - I II III
Pledge Invocation 0.02% of transaction value (Min ₹50) Option I (Normal A/c) and Option II-Life Time : Rs. 25/-per ISIN Option III (BSDA) : Rs.50/-per ISIN
Failed Instruction Charges Nil NIL
Other Charges Nil NDU Creation/Closure : Option I , II and III : Rs. 100/-per ISIN Reissuance of DIS Booklet Option I and II : Rs.25/-per booklet and For Option III : Rs.50/-per booklet Reissuance of Dematerialization booklet Option I , II and III : Rs. 25/-per booklet Courier Charges Option I and II : Rs. 25/-per case and Option III : Rs. 45/- per case Address Change Request Charges Option III (BSDA) : Rs.100/-per Request Holding Statement Request (Physical ) Option III (BSDA) : Rs. 25/-after 2 requests
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Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs LSE Securities on Special Offers and Promotion

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

Compare Nuvama Wealth vs LSE Securities on Special Offers and Promotion
  Nuvama Wealth LSE Securities
Pay In and Pay Out Options Nuvama Wealth vs LSE Securities - 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 Nuvama Wealth vs LSE Securities - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Nuvama Wealth vs LSE Securities - 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
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...

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...

Minimum brokerage charges, No Web base and No Mobile Trading.

Detail Review...

Special Offers/Promo
Enquiry Open Nuvama Wealth Account Now>> Open Zerodha Account Now>>

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