Nuvama vs MarketWolf – Compare Charges, Trading Features, Offers & more
Find a Comparison of Nuvama vs MarketWolf here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Nuvama and MarketWolf.
Nuvama vs MarketWolf – Company Overview
Company Overview |
Nuvama |
MarketWolf |
Company Type |
Private |
Private |
Headquarters |
Ahmedabad |
Mumbai |
Founder |
Rashesh Shah |
Vishesh Dhingra & Thomas Joseph |
Establishment Year |
2008 |
2017 |
Compare the Brokerage of Nuvama and MarketWolf
Brokerage |
Nuvama |
MarketWolf |
Brokerage Plan |
Lite Plan |
Standard Plan |
Subscription Charges |
Zero |
Zero |
Equity Delivery |
Rs.10 per Trade or 0.01% (whichever is low) |
Free |
Equity Intraday |
Rs.10 per Trade or 0.01% (whichever is Low) |
Rs.20 per Trade |
Equity Future |
Rs.10 per Trade |
Rs.20 per Trade |
Equity Option |
Rs.10 per Trade |
Rs.20 per Trade |
Commodity Future |
NA |
NA |
Commodity Option |
NA |
NA |
Currency Future |
Rs.10 executed order |
NA |
Currency Option |
Rs.10 per Trade |
NA |
Nuvama vs MarketWolf – Trading Platforms
Comparison of Nuvama and MarketWolf – Trading Features
Trading Features |
Nuvama |
MarketWolf |
Wishlist |
Yes |
Yes |
Real Time Updates |
Yes |
Yes |
Portfolio Details |
Yes |
Yes |
Online MF Buy |
Yes |
Yes |
Research Reports |
Yes, chargeable |
No |
Global indices |
Yes |
No |
Customised Recommendations |
Yes |
No |
Stock tips |
Yes |
No |
Interactive charts |
Yes |
Yes |
Live market |
Yes |
Yes |
Multi Profile Management |
No |
No |
Robust & Secure Platform |
Yes |
Yes |
Compare Nuvama vs MarketWolf Offers
Offers |
Nuvama |
MarketWolf |
Free Account Opening |
Yes |
Yes |
Free AMC |
Yes |
Yes |
Free Brokerage |
No |
Yes, Limited |
Flat Brokerage |
Yes, Limited |
Yes |
Flexible Brokerage Plans |
Yes |
No |
Happy Trading Hours |
No |
No |
Free Delivery Trading |
No |
Yes |
Free Intraday Trading |
No |
No |
Free F&O Trading |
No |
No |
Free Research Reports |
Yes |
No |
Free Trading calls |
No |
No |
Referral Offers |
Upto Rs.1,000 per referral |
20% of Revenue |
Margin Funding / Pledging |
Yes |
No |
Brokerage Cashback |
No |
No |
Zero Brokerage for Loss Making Trades |
No |
Yes |
Nuvama vs MarketWolf – Products Provided
Products Provided |
Nuvama |
MarketWolf |
Equity Delivery |
Yes |
Yes |
Equity Intraday |
Yes |
Yes |
Equity Option |
Yes |
Yes |
Equity Future |
Yes |
Yes |
Commodity Option |
Yes |
No |
Commodity Future |
Yes |
No |
Currency Option |
Yes |
No |
Currency Future |
Yes |
No |
Foreign Stocks |
No |
No |
Mutual Funds |
Yes |
Yes |
Banking |
No |
No |
Insurance |
Yes |
No |
Corporate Bonds |
No |
No |
Govt. Bonds |
No |
No |
Digital Gold |
No |
No |
Nuvama vs MarketWolf – Services Provided
Services Provided |
Nuvama |
MarketWolf |
Demat Services |
Yes |
Yes |
Trading Services |
Yes |
Yes |
Intraday Services |
Yes |
Yes |
F&O Services |
Yes |
Yes |
IPO Services |
Yes |
Yes |
3 in 1 Account |
No |
No |
Stock Research |
Yes |
No |
Stock Recommendations |
Yes |
No |
Trading Institution |
Yes, Investology |
No |
Share Pledging |
Yes |
No |
PMS or PCG |
No |
No |
NRI Services |
No |
No |
Compare Nuvama and MarketWolf Advisory
Advisory |
Nuvama |
MarketWolf |
Fundamental Reports |
Yes |
No |
Research Reports |
Yes, chargeable |
No |
Company Reports |
Yes |
No |
Annual Reports |
Yes |
No |
IPO Reports |
Yes |
No |
Technical Reports |
Yes |
No |
Stock Tips |
Yes |
No |
Daily Top Stock Picks |
Yes |
No |
Daily Market Review |
Yes |
No |
Monthly Review |
Yes |
No |
Weekly Review |
Yes |
No |
Relationship Manager |
Yes |
No |
Robo Advisory |
No |
No |
Comparison of Nuvama and MarketWolf Exposure
Exposure |
Nuvama |
MarketWolf |
Equity Delivery |
1x |
1x |
Equity Intraday |
Upto 5x (Depends on Stocks) |
Upto 5x (Depends on Stocks) |
Equity F&O Carry Forward |
1x |
1x |
Equity F&O Intraday |
1.3x |
1.3x |
Commodity F&O Carry Forward |
1x |
1x |
Commodity F&O Intraday |
1.3x |
1.3x |
Currency F&O |
1x |
1x |
Compare Programs of Nuvama & MarketWolf
Programs |
Nuvama |
MarketWolf |
Sub Broker Program |
Yes |
Yes, Limited |
Partner Program |
Yes |
Yes, Limited |
Referral Program |
Yes |
Yes |
Nuvama vs MarketWolf – Ratings by Finec
Ratings |
Nuvama |
MarketWolf |
Overall Rating |
8.41 / 10 |
8.30 / 10 |
Customer Support |
8.38 / 10 |
8.27 / 10 |
Technology |
8.51 / 10 |
8.40 / 10 |
Charges |
8.45 / 10 |
8.34 / 10 |
Products & Service |
8.36 / 10 |
8.25 / 10 |
Experience |
8.34 / 10 |
8.24 / 10 |
Compare Customer Support of Nuvama and MarketWolf
Comparison of Nuvama & MarketWolf Complaints
Complaints |
Nuvama |
MarketWolf |
Total Complaints Lodged |
117 |
2 |
Total Complaints Resolved |
102 |
2 |
% of Resolved Complaints |
87.18% |
100.00% |
Non Actionable Complaints |
7 |
0 |
% of Non Actionable Complaints |
5.98% |
0.00% |
Compare Demat Charges of Nuvama vs MarketWolf
Demat Charges |
Nuvama |
MarketWolf |
Account Opening Charges |
Free |
Free |
Annual Maintenance Charges (AMC) |
Rs.500 (Free for first year) |
Free |
Nuvama vs MarketWolf – Compare STT & CTT
STT & CTT |
Nuvama |
MarketWolf |
Equity Delivery |
0.1% on buy & sell |
0.1% on buy & sell |
Equity Intraday |
0.025% on sell |
0.025% on sell |
Equity Future |
0.0125% on sell |
0.0125% on sell |
Equity Option |
0.0625% on sell (on premium) |
0.0625% on sell (on premium) |
Commodity Future |
0.01% on sell (Non-Agri) |
0.01% on sell (Non-Agri) |
Commodity Option |
0.05% on sell |
0.05% on sell |
Currency Future |
Nil |
Nil |
Currency Option |
Nil |
Nil |
Compare Stamp Duty of Nuvama and MarketWolf
Stamp Duty |
Nuvama |
MarketWolf |
Equity Delivery |
0.015% on buy |
0.015% on buy |
Equity Intraday |
0.003% on buy |
0.003% on buy |
Equity Future |
0.002% on buy |
0.002% on buy |
Equity Option |
0.003% on buy |
0.003% on buy |
Commodity Future |
0.002% on buy |
0.002% on buy |
Commodity Option |
0.003% on buy |
0.003% on buy |
Currency Future |
0.0001% on buy |
0.0001% on buy |
Currency Option |
0.0001% on buy |
0.0001% on buy |
Nuvama vs MarketWolf – Transaction Charges
Transaction Charges |
Nuvama |
MarketWolf |
Equity Delivery |
0.00335% (NSE) & As per Stock (BSE) |
0.00345% (NSE) & As per Stock (BSE) |
Equity Intraday |
0.00335% (NSE) & As per Stock (BSE) |
0.00345% (NSE) & As per Stock (BSE) |
Equity Future |
0.002% (NSE & BSE) |
0.002% (NSE & BSE) |
Equity Option |
0.053% (on premium) |
0.053% (on premium) |
Commodity Future |
0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
NA |
Commodity Option |
0.05% (Non Agri) |
NA |
Currency Future |
NA |
NA |
Currency Option |
NA |
NA |
Compare Pledge Charges of Nuvama & MarketWolf
Pledge Charges |
Nuvama |
MarketWolf |
Pledge Creation Charges |
Rs.7 per Request |
Nil |
Pledge Invocation Charges |
Rs.7 per Request |
Nil |
Interest on Margin Trading |
0.05% per day |
NA |
Comparison of Nuvama and MarketWolf – Hidden Charge
Hidden Charge |
Nuvama |
MarketWolf |
SEBI Turnover Charges |
Rs.10/ Crore (All Segment) |
Rs.10/ Crore (All Segment) |
DP Charges |
Rs.20 per Scrip |
Rs.15 per Scrip on Sell |
GST |
18% on (Brokerage + SEBI + Transaction charges) |
18% on (Brokerage + SEBI + Transaction charges) |
Account Closure Charges |
Rs.150 |
Nil |
Reactivation Charges |
Rs.100 |
Nil |
Dematerialisation Charges |
Rs.18 per Certificate |
Nil |
Call & Trade Charges |
Rs.20 per Trade |
Rs.100 per Trade |
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