Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Angel One Max Rs 20 per trade while the brokerage of Nuvama ranges between Rs 10. Angel One is a Full Service Broker where Nuvama is a Discount Broker. Angel One is having overall higher rating compare to Nuvama. Angel One is rated 4.5 out of 5 where Nuvama is rated only 3.5 out of 5. Number of active customer for Angel One is 42,44,617 where number of active customer for Nuvama is 2,19,314. Angel One is serving more customer compare to Nuvama.
Here we present side-by-side comparison of Angel One vs Nuvama share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Angel One vs Nuvama'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 Angel One vs Nuvama share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Angel One vs Nuvama'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.
|Broker Type||Full Service Broker||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platform...||One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i...|
Comparison of Angel One with Nuvama on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Angel One charges Rs 240 PA (Waived for 1st year) AMC for Demat account where Nuvama charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 240 PA (Waived for 1st year)||Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]|
|Provide DP Service|
Plans are the most important feature you look when compare Angel One with Nuvama. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama provides Multiple Plans where Angel One doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Angel One||Nuvama|
|Account Opening Request|
Angel One Brokerage Plan detail - Angel iTrade Prime - Free delivery trading and Flat Rs 20 for Intraday, F&O, Currency and Commodity Trading.
Nuvama 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||Angel One||Nuvama|
|Plan Name||Angel iTrade Prime Plan||Nuvama Lite|
|Equity Delivery||Free||Flat Rs. 10 per executed order|
|Equity Intraday||Flat Rs 20 or 0.25% whichever is lower||Flat Rs. 10 per executed order|
|Equity Futures||Flat Rs 20 or 0.25% whichever is lower||Flat Rs. 10 per executed order|
|Equity Options||Flat Rs 20 or 0.25% whichever is lower||Flat Rs. 10 per executed order|
|Currency Futures||Flat Rs 20 or 0.25% whichever is lower||Flat Rs. 10 per executed order|
|Currency Options||Flat Rs 20 or 0.25% whichever is lower||Flat Rs. 10 per executed order|
|Commodity Trading||Flat Rs 20 or 0.25% whichever is lower||0.01%|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Yes - 18% interest PA||Yes - 24% interest PA|
|Call & Trade Charges||Rs 20 per order||Rs 20 per call|
|Auto Square off Charges||Rs 20 per order||Rs 20|
|Brokerage Calculator||Brokerage Calculator for Angel One||Brokerage Calculator for Nuvama|
Compare Angel One with Nuvama on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Angel One||Nuvama|
|Equity Delivery||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 110 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for angel-one||Complete Brokerage Plans for nuvama|
Compare Angel One with Nuvama on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama offers NRI where Angel One doesn't offers NRI Trading.
|Account Features Compare||Angel One||Nuvama|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Trading software terminal: ODIN(Angel) diet||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Angel One and Nuvama. 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||Angel One||Nuvama|
|Desktop Trading Platform||Angel Speed Pro||Xtreme Trader|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.angelbroking.com/||https://tlounge.edelweiss.in/Login|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Angel One Mobile App||Nuvama Mobile Trader|
|Mobile Trading App Demo||Angel One Mobile App Demo||Nuvama Mobile Trader Demo|
|Android Mobile App|
|Android App Download||Andriod Angel One Mobile App Download||Andriod Nuvama Mobile Trader Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Angel One Mobile App 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 Angel One||Equity Intraday and Delivery Brokerage Calculator for Nuvama|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Angel One||Futures Brokerage Calculator for Nuvama|
|Options Brokerage Calculator||Options Brokerage Calculator for Angel One||Options Brokerage Calculator for Nuvama|
|Detail||Detail on Trading Platforms for angel-one||Detail on Trading Platforms for nuvama|
Compare Angel One with Nuvama 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.
|Investment Offerings Compare||Angel One||Nuvama|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Angel One with Nuvama 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) - Both broker don't have Bracket Orders (BO).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- Angel One offers Good Till Cancelled (GTC) orders where Nuvama doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Angel One||Nuvama|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Angel One with Nuvama 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||Angel One||Nuvama|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022-33551111/022-42185454||1800 102 3335|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai – 400 093.
Off CST Road,
Mumbai - 400098
Compare Angel One with Nuvama on research reports and tips provided by the broker.
Compare Angel One with Nuvama 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 is Free (₹1500 one time charges) where for Angel One is ₹450 pa. Nuvama is a better choice in terms of Demat AMC compare to Angel One.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ 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 Angel One is ₹20 + ₹5.50 (CDSL Charges) for every transaction where for Nuvama 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
|Demat Account Annual Maintenance Charges(AMC)||₹450 pa||Free (₹1500 one time charges)|
|Transaction Charges on Debit (Per ISIN)||₹20 + ₹5.50 (CDSL Charges) for every transaction||0.02% of transaction value or ₹20 per transaction whichever is higher|
|Demat||₹50 per certificate||₹2 per certificate + ₹30 courier charges|
|Remat||₹50 + CDSL Charges||₹10 for every hundred securities after that ₹10 per request + ₹30 request charges|
|Pledge Creation||₹25 per transaction||0.02% of transaction value (Min ₹50)|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||₹25 per transaction||0.02% of transaction value (Min ₹50)|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||NIL||0.02% of transaction value (Min ₹50)|
|Failed Instruction Charges||Nil||Nil|
Compare Angel One with Nuvama on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Angel Trading Software.
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||Around 40+ bank are prefered parter with Angel Broking.||Info Not Available|
|Bank Detail||Info Not Available||Nuvama Wealth,
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
|Special Offers/Promo||Free Trading for One Month(Up to Rs 1000 value). Free Account Opening a limited time offer.|
|Enquiry||Open Angel One Account Now>>||Open Nuvama Account Now>>|
Last Updated on 2022-11-29T03:23:46+00:00
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