FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Nuvama Wealth offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Nuvama Wealth ranges between Rs 10. SBICAP Securities is a Full Service Broker where Nuvama Wealth is a Discount Broker. SBICAP Securities is having overall higher rating compare to Nuvama Wealth. SBICAP Securities is rated 4 out of 5 where Nuvama Wealth is rated only 3.5 out of 5. Number of active customer for SBICAP Securities is 8,63,824 where number of active customer for Nuvama Wealth is 1,73,589. SBICAP Securities is serving more customer compare to Nuvama Wealth.
Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities vs Nuvama Wealth'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 SBICAP Securities with Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
Charges | SBICAP Securities | Nuvama Wealth |
---|---|---|
Trading Account Opening Fees | Rs 850 | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 500 PA | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] |
Provide DP Service |
Plans are the most important feature you look when compare SBICAP Securities with Nuvama Wealth. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama Wealth provides Multiple Plans where SBICAP Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | SBICAP Securities | Nuvama Wealth |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Nuvama Wealth | |
---|---|---|
Account Opening Request |
SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.
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 | SBICAP Securities | Nuvama Wealth |
---|---|---|
Plan Name | Standard or default brokerage plan | Nuvama Lite |
Equity Delivery | 0.50% | Flat Rs. 10 per executed order |
Equity Intraday | 0.05% | Flat Rs. 10 per executed order |
Equity Futures | 0.05% | Flat Rs. 10 per executed order |
Equity Options | Rs 100 Per Lot | Flat Rs. 10 per executed order |
Currency Futures | 0.03% | Flat Rs. 10 per executed order |
Currency Options | Rs 30 Per Lot | Flat Rs. 10 per executed order |
Commodity Trading | Rs. 100 per lot | 0.01% |
Minimum Brokerage | Rs 0.05 for Cash, Rs 0.01 Future | NIL |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Yes - 24% interest PA | Yes - 24% interest PA |
Call & Trade Charges | Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. | Rs 20 per call |
Auto Square off Charges | First Free 30 per month, after Rs 10 per square-off | Rs 20 |
Brokerage Calculator | Brokerage Calculator for SBICAP Securities | Brokerage Calculator for Nuvama Wealth |
Compare SBICAP Securities with Nuvama Wealth on transaction charges and PCM fee by segment.
Transaction Charges Compare | SBICAP Securities | 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 | NA | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for sbicap-securities | Complete Brokerage Plans for nuvama-wealth |
Compare SBICAP Securities with Nuvama Wealth on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Nuvama Wealth offers only 2-in-1 account which includes trading and demat account. Algo Trading - Nuvama Wealth offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Nuvama Wealth offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
Account Features Compare | SBICAP Securities | 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 | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | Trading software terminal: ODIN Diet | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities 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 | SBICAP Securities | Nuvama Wealth |
---|---|---|
Desktop Trading Platform | SBISMART XPRESS - NextTrader | Xtreme Trader |
Desktop Demo | Desktop Demo | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://login1.sbismart.com/nidp/app/login | https://tlounge.edelweiss.in/Login |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | SBISMART | Nuvama Mobile Trader |
Mobile Trading App Demo | SBISMART Demo | Nuvama Mobile Trader Demo |
Android Mobile App | ||
Android App Download | Andriod SBISMART Download | Andriod Nuvama Mobile Trader Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS SBISMART 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 SBICAP Securities | Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth |
Futures Brokerage Calculator | Futures Brokerage Calculator for SBICAP Securities | Futures Brokerage Calculator for Nuvama Wealth |
Options Brokerage Calculator | Options Brokerage Calculator for SBICAP Securities | Options Brokerage Calculator for Nuvama Wealth |
Detail | Detail on Trading Platforms for sbicap-securities | Detail on Trading Platforms for nuvama-wealth |
Compare SBICAP Securities 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 - Nuvama Wealth offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provides PMS Service where SBICAP Securities doesn't offer
Investment Offerings Compare | SBICAP Securities | 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 Type - Compare SBICAP Securities 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) - SBICAP Securities 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- SBICAP Securities offers Good Till Cancelled (GTC) orders where Nuvama Wealth doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | SBICAP Securities | Nuvama Wealth |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare SBICAP Securities 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 Service Compare | SBICAP Securities | Nuvama Wealth |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022 6854 5555 | 1800 102 3335 |
Account Opening Process | Offline | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://www.sbismart.com/education | https://www.nuvamawealth.com/investology |
Head Office Address | SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Website | https://www.sbismart.com | https://www.nuvamawealth.com/ |
Compare SBICAP Securities with Nuvama Wealth on research reports and tips provided by the broker.
Compare SBICAP Securities 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 SBICAP Securities is ₹500. Nuvama Wealth is a better choice in terms of Demat AMC compare to SBICAP 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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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
Compare SBICAP Securities with Nuvama Wealth on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
SBICAP Securities | Nuvama Wealth | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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 | Upto 24 Hrs except Bank Holidays. | Upto 24 Hrs except Bank Holidays. |
Bank Supported and Charges | Direct to SBI Bank. | Info Not Available |
Bank Detail | Direct to SBI bank account | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
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Enquiry | Open Zerodha Account Now>> | Open Nuvama Wealth Account Now>> |
Last Updated on 2023-09-13T02:35:55+00:00