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

Find a Comparison of Nuvama vs Fyers 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 Fyers.

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Nuvama vs Fyers – Company Overview

Company Overview Nuvama Fyers
Company Type Private Private
Headquarters Ahmedabad Bangalore
Founder Rashesh Shah Tejas Khoday, Shreyas Khodey & Yashas Khodey
Establishment Year 2008 2015

Compare the Brokerage of Nuvama and Fyers

Brokerage Nuvama Fyers
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 or 0.03% (whichever is Low)
Equity Future Rs.10 per Trade Rs.20 per Trade or 0.03% (whichever is low)
Equity Option Rs.10 per Trade Rs.20 per Trade
Commodity Future NA Rs.20 per Trade or 0.03% (whichever is low)
Commodity Option NA Rs.20 per Trade
Currency Future Rs.10 executed order Rs.20 per Trade or 0.03% (whichever is low)
Currency Option Rs.10 per Trade Rs.20 per Trade

Nuvama vs Fyers – Trading Platforms

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

Comparison of Nuvama and Fyers – Trading Features

Trading Features Nuvama Fyers
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes No
Online MF Buy Yes No
Research Reports Yes, chargeable Yes
Global indices Yes No
Customised Recommendations Yes Yes
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Nuvama vs Fyers Offers

Offers Nuvama Fyers
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 Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Nuvama vs Fyers – Products Provided

Products Provided Nuvama Fyers
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 Yes
Digital Gold No No

Nuvama vs Fyers – Services Provided

Services Provided Nuvama Fyers
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 Yes, School of Stocks
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Nuvama and Fyers Advisory

Advisory Nuvama Fyers
Fundamental Reports Yes Yes
Research Reports Yes, chargeable Yes, chargeable
Company Reports Yes Yes, chargeable
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 Yes, chargeable
Monthly Review Yes No
Weekly Review Yes Yes, chargeable
Relationship Manager Yes No
Robo Advisory No No

Comparison of Nuvama and Fyers Exposure

Exposure Nuvama Fyers
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 & Fyers

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

Nuvama vs Fyers – Ratings by Finec

Ratings Nuvama Fyers
Overall Rating 8.41 / 10 8.20 / 10
Customer Support 8.38 / 10 8.16 / 10
Technology 8.51 / 10 8.29 / 10
Charges 8.45 / 10 8.23 / 10
Products & Service 8.36 / 10 8.15 / 10
Experience 8.34 / 10 8.13 / 10

Compare Customer Support of Nuvama and Fyers

Customer Support Nuvama Fyers
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable NA
Call Support 022-66203030 080-60001111
Email Support
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 Telegram Support Link
Branches / Offices NA NA

Comparison of Nuvama & Fyers Complaints

Complaints Nuvama Fyers
Total Complaints Lodged 117 132
Total Complaints Resolved 102 118
% of Resolved Complaints 87.18% 89.39%
Non Actionable Complaints 7 10
% of Non Actionable Complaints 5.98% 7.58%

Compare Demat Charges of Nuvama vs Fyers

Demat Charges Nuvama Fyers
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.500 (Free for first year) Free (limited period offer)

Nuvama vs Fyers – Compare STT & CTT

STT & CTT Nuvama Fyers
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 Fyers

Stamp Duty Nuvama Fyers
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 Fyers – Transaction Charges

Transaction Charges Nuvama Fyers
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) 0.0026% (Non-Agri)
Commodity Option 0.05% (Non Agri) 0.05% (Non Agri)
Currency Future NA 0.0009% (NSE)
Currency Option NA 0.035% (NSE)

Compare Pledge Charges of Nuvama & Fyers

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

Comparison of Nuvama and Fyers – Hidden Charge

Hidden Charge Nuvama Fyers
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.50 per Trade

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