Paytm Money vs Nuvama – Compare Charges, Trading Features, Offers & more

Find a Comparison of Paytm Money vs Nuvama 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 Paytm Money and Nuvama.

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Paytm Money vs Nuvama – Company Overview

Company Overview Paytm Money Nuvama
Company Type Private Private
Headquarters Bangalore Ahmedabad
Founder Vijay Shekhar Sharma Rashesh Shah
Establishment Year 2019 2008

Compare the Brokerage of Paytm Money and Nuvama

Brokerage Paytm Money Nuvama
Brokerage Plan Standard Plan Lite Plan
Subscription Charges Zero Zero
Equity Delivery Rs.15 per Trade & 2.5% (whichever is low) Rs.10 per Trade or 0.01% (whichever is low)
Equity Intraday Rs.15 per Trade or 0.05% (whichever is Low) Rs.10 per Trade or 0.01% (whichever is Low)
Equity Future Rs.15 per Trade or 0.02% (whichever is low) Rs.10 per Trade
Equity Option Rs.15 per Trade Rs.10 per Trade
Commodity Future NA NA
Commodity Option NA NA
Currency Future NA Rs.10 executed order
Currency Option NA Rs.10 per Trade

Paytm Money vs Nuvama – Trading Platforms

Trading Platforms Paytm Money Nuvama
Android App Paytm Money Android App Link Nuvama Android App Link
iOS App Paytm Money iOS App Link Nuvama iOS App Link
Web Trading Platform Paytm Money Web Trading Link Nuvama Web Trading Link
Trading Terminal NA Available
Algo Trading Platform Available Available
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 Paytm Money and Nuvama – Trading Features

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

Compare Paytm Money vs Nuvama Offers

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

Paytm Money vs Nuvama – Products Provided

Products Provided Paytm Money Nuvama
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option No Yes
Commodity Future No Yes
Currency Option No Yes
Currency Future No Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No Yes
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Paytm Money vs Nuvama – Services Provided

Services Provided Paytm Money Nuvama
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 No Yes
Stock Recommendations No Yes
Trading Institution No Yes, Investology
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Paytm Money and Nuvama Advisory

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

Comparison of Paytm Money and Nuvama Exposure

Exposure Paytm Money Nuvama
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 Paytm Money & Nuvama

Programs Paytm Money Nuvama
Sub Broker Program Yes Yes
Partner Program Yes Yes
Referral Program Yes Yes

Paytm Money vs Nuvama – Ratings by Finec

Ratings Paytm Money Nuvama
Overall Rating 8.85 / 10 8.41 / 10
Customer Support 8.81 / 10 8.38 / 10
Technology 8.95 / 10 8.51 / 10
Charges 8.88 / 10 8.45 / 10
Products & Service 8.79 / 10 8.36 / 10
Experience 8.77 / 10 8.34 / 10

Compare Customer Support of Paytm Money and Nuvama

Customer Support Paytm Money Nuvama
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable Available, Chargeable
Call Support 080-46253716 022-66203030
Email Support info@paytmmoney.com Secretarial@nuvama.com
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 Paytm Money & Nuvama Complaints

Complaints Paytm Money Nuvama
Total Complaints Lodged 195 117
Total Complaints Resolved 172 102
% of Resolved Complaints 88.21% 87.18%
Non Actionable Complaints 18 7
% of Non Actionable Complaints 9.23% 5.98%

Compare Demat Charges of Paytm Money vs Nuvama

Demat Charges Paytm Money Nuvama
Account Opening Charges Rs.200 Free
Annual Maintenance Charges (AMC) Free Rs.500 (Free for first year)

Paytm Money vs Nuvama – Compare STT & CTT

STT & CTT Paytm Money Nuvama
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 NA 0.01% on sell (Non-Agri)
Commodity Option NA 0.05% on sell
Currency Future NA Nil
Currency Option NA Nil

Compare Stamp Duty of Paytm Money and Nuvama

Stamp Duty Paytm Money Nuvama
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 NA 0.002% on buy
Commodity Option NA 0.003% on buy
Currency Future NA 0.0001% on buy
Currency Option NA 0.0001% on buy

Paytm Money vs Nuvama – Transaction Charges

Transaction Charges Paytm Money Nuvama
Equity Delivery 0.00345% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00345% (NSE) & 0.00375% (BSE) 0.00335% (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 NA 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special)
Commodity Option NA 0.05% (Non Agri)
Currency Future NA NA
Currency Option NA NA

Compare Pledge Charges of Paytm Money & Nuvama

Pledge Charges Paytm Money Nuvama
Pledge Creation Charges Rs.15 per Request Rs.7 per Request
Pledge Invocation Charges Rs.15 per Request Rs.7 per Request
Interest on Margin Trading 0.049% per day 0.05% per day

Comparison of Paytm Money and Nuvama – Hidden Charge

Hidden Charge Paytm Money Nuvama
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip only on Sell Rs.20 per Scrip
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Rs.150
Reactivation Charges Nil Rs.100
Dematerialisation Charges Rs.250 per 100 Certificate Rs.18 per Certificate
Call & Trade Charges Rs.100 per Trade Rs.20 per Trade

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