Nuvama vs Finvasia – Compare Charges, Trading Features, Offers & more

Find a Comparison of Nuvama vs Finvasia 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 Finvasia.

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Nuvama vs Finvasia – Company Overview

Company Overview Nuvama Finvasia
Company Type Private Private
Headquarters Ahmedabad Mohali
Founder Rashesh Shah Tajinder Pal Singh & Sarvjeet Singh
Establishment Year 2008 2009

Compare the Brokerage of Nuvama and Finvasia

Brokerage Nuvama Finvasia
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) Free
Equity Future Rs.10 per Trade Free
Equity Option Rs.10 per Trade Free
Commodity Future NA Free
Commodity Option NA Free
Currency Future Rs.10 executed order Free
Currency Option Rs.10 per Trade Free

Nuvama vs Finvasia – Trading Platforms

Trading Platforms Nuvama Finvasia
Android App Nuvama Android App Link Finvasia Android App Link
iOS App Nuvama iOS App Link Finvasia iOS App Link
Web Trading Platform Nuvama Web Trading Link Finvasia Web Trading Link
Trading Terminal Available NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform NA NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Nuvama and Finvasia – Trading Features

Trading Features Nuvama Finvasia
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 No
Live market Yes Yes
Multi Profile Management No Yes
Robust & Secure Platform Yes Yes

Compare Nuvama vs Finvasia Offers

Offers Nuvama Finvasia
Free Account Opening Yes Yes
Free AMC Yes Yes
Free Brokerage No Yes
Flat Brokerage Yes, Limited Yes
Flexible Brokerage Plans Yes No
Happy Trading Hours No No
Free Delivery Trading No Yes
Free Intraday Trading No Yes
Free F&O Trading No Yes
Free Research Reports Yes No
Free Trading calls No No
Referral Offers Upto Rs.1,000 per referral 50 Reward Points per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Nuvama vs Finvasia – Products Provided

Products Provided Nuvama Finvasia
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes Yes
Commodity Future Yes Yes
Currency Option Yes Yes
Currency Future Yes Yes
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 Finvasia – Services Provided

Services Provided Nuvama Finvasia
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 Yes
PMS or PCG No No
NRI Services No Yes

Compare Nuvama and Finvasia Advisory

Advisory Nuvama Finvasia
Fundamental Reports Yes No
Research Reports Yes, chargeable Yes, chargeable
Company Reports Yes No
Annual Reports Yes No
IPO Reports Yes No
Technical Reports Yes No
Stock Tips Yes Yes, chargeable
Daily Top Stock Picks Yes Yes, chargeable
Daily Market Review Yes No
Monthly Review Yes No
Weekly Review Yes No
Relationship Manager Yes Yes, chargeable
Robo Advisory No No

Comparison of Nuvama and Finvasia Exposure

Exposure Nuvama Finvasia
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 & Finvasia

Programs Nuvama Finvasia
Sub Broker Program Yes Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Nuvama vs Finvasia – Ratings by Finec

Ratings Nuvama Finvasia
Overall Rating 8.41 / 10 7.24 / 10
Customer Support 8.38 / 10 7.21 / 10
Technology 8.51 / 10 7.33 / 10
Charges 8.45 / 10 7.27 / 10
Products & Service 8.36 / 10 7.20 / 10
Experience 8.34 / 10 7.18 / 10

Compare Customer Support of Nuvama and Finvasia

Customer Support Nuvama Finvasia
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable Available, Chargeable
Call Support 022-66203030 0172-4740000, 0172-6750000
Email Support [email protected] [email protected]
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support NA NA
Branches / Offices NA NA

Comparison of Nuvama & Finvasia Complaints

Complaints Nuvama Finvasia
Total Complaints Lodged 117 31
Total Complaints Resolved 102 21
% of Resolved Complaints 87.18% 67.74%
Non Actionable Complaints 7 3
% of Non Actionable Complaints 5.98% 9.68%

Compare Demat Charges of Nuvama vs Finvasia

Demat Charges Nuvama Finvasia
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.500 (Free for first year) Free

Nuvama vs Finvasia – Compare STT & CTT

STT & CTT Nuvama Finvasia
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 Finvasia

Stamp Duty Nuvama Finvasia
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 Finvasia – Transaction Charges

Transaction Charges Nuvama Finvasia
Equity Delivery 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00335% (NSE) & As per Stock (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.002% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.053% (on premium) 0.05% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future NA 0.0009% (NSE) & 0.00022% (BSE)
Currency Option NA 0.035% (NSE) & 0.001% (BSE)

Compare Pledge Charges of Nuvama & Finvasia

Pledge Charges Nuvama Finvasia
Pledge Creation Charges Rs.7 per Request Rs.20 per Request
Pledge Invocation Charges Rs.7 per Request Rs.20 per Request
Interest on Margin Trading 0.05% per day 0.05% per day

Comparison of Nuvama and Finvasia – Hidden Charge

Hidden Charge Nuvama Finvasia
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.20 per Scrip Rs.30 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 Rs.30 per Certificate
Call & Trade Charges Rs.20 per Trade Rs.30 per Trade

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