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Angel One Vs Nuvama: Which one is better?

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

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Angel One vs Nuvama on Service

  Angel One Compare
Angel One
Nuvama Compare
Nuvama
Overall Rating Rated 4.5 stars Rated 3.5 stars
Brokerage Charges Rated 4.5 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 3.5 stars
Investments Offering Rated 5 stars Rated 4 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 42,44,617 2,19,314
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... Know more about Angel One 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...Know more about Nuvama
Broker Enquiry Request call back from Angel One Request call back from Nuvama
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Account Opening Charges and AMC

Compare Angel One vs Nuvama on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Angel One with Nuvama
Charges Angel One Nuvama
Trading Account Opening Fees Free Free
Trading AMC 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 Yes Yes
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About Brokerage Plans

Compare Angel One vs Nuvama on Plan Options

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.

Compare Angel One with Nuvama on Plan Options
Plan Types Angel One Nuvama
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Angel One Nuvama
Account Opening Request
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Brokerage Charges

Compare Angel One vs Nuvama on Brokerage Charges

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 with Nuvama
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%
Minimum Brokerage NIL NIL
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
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Share Broker's Transaction Charges

Compare Angel One vs Nuvama on Transaction Charges

Compare Angel One with Nuvama on transaction charges and PCM fee by segment.

Transaction Charges - Compare Angel One with Nuvama
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
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Account Features

Compare Angel One vs Nuvama on Account Features

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 - Angel One with Nuvama
Account Features Compare Angel One Nuvama
3 in 1 Account No Angel One have 2-in-1 account. Only Demate and Trading account. No Angel One have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features Trading software terminal: ODIN(Angel) diet NIL
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Trading Platform

Compare Angel One vs Nuvama on Trading Platform

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 with Nuvama
Trading Platform Compare Angel One Nuvama
Desktop Trading Platform Angel Speed Pro Xtreme Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.angelbroking.com/ https://tlounge.edelweiss.in/Login
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
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 Yes Yes
Android App Download Andriod Angel One Mobile App Download Andriod Nuvama Mobile Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Angel One Mobile App Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Angel One vs Nuvama on User Rating

  Angel One Nuvama
  74 Customer Reviews    Rate Angel One 3 Customer Reviews    Rate Nuvama
Fees Ratings 3.4 2.7
Trading Brokerage Rating 3.6 3.3
Trading Platform Usability 3.5 3.7
Customer Service Ratings 3.3 2.0
Overall Ratings Rated 3.3 stars Rated 2.3 stars
Broker Rating Angel One is Rated 3.3 / 5 based on 74 customer reviews Nuvama is Rated 2.3 / 5 based on 3 customer reviews
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Investment Offerings

Compare Angel One vs Nuvama on Investment Offerings

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 with Nuvama
Investment Offerings Compare Angel One Nuvama
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service Yes Yes
Other Investment Options NIL NIL
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Order Types

Compare Angel One vs Nuvama on Order Types

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 Types - Compare Angel One with Nuvama
Order Type Compare Angel One Nuvama
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Angel One vs Nuvama on Customer Service

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 Support - Compare Angel One with Nuvama
Customer Service Compare Angel One Nuvama
24/7 Customer Service Angel One vs Nuvama - 24x7 customer support No No
Email Support Angel One vs Nuvama - Email Support Yes Yes
Onine Live Chat Angel One vs Nuvama - Onine Live Chat Yes No
Phone Support Angel One vs Nuvama - Phone Support Yes Yes
Toll Free Number Angel One vs Nuvama - Toll Free Number No Yes
Through Branches Angel One vs Nuvama - Through Branches Yes Yes
Customer Care Number Angel One vs Nuvama - Customer Care Number 022-33551111/022-42185454 1800 102 3335
Account Opening Process Angel One vs Nuvama - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Angel One vs Nuvama - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Angel One vs Nuvama - Knowledge Center/Education https://www.angelone.in/knowledge-center https://www.nuvamawealth.com/investology
Head Office Address Angel One vs Nuvama - Head Office Address/Corporate Address Angel One Limited,
G-1, Ackruti Trade Centre,
Road No. 7, MIDC,
Andheri (E), Mumbai – 400 093.
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website Angel One vs Nuvama - Company Website https://www.angelone.in/ https://www.nuvamawealth.com/
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Tips/Research/Reports Published

Compare Angel One vs Nuvama on Research Reports, Tips

Compare Angel One with Nuvama on research reports and tips provided by the broker.

Research Reports - Compare Angel One with Nuvama
  Angel One Nuvama
Research Mutual Funds Angel One vs Nuvama - Research Mutual Funds No Yes
Research Equity Reports Angel One vs Nuvama - Research Equity Reports No Yes
Research ETF Angel One vs Nuvama - Research ETF No Yes
Daily Market Report Angel One vs Nuvama - Daily Market Report Yes Yes
Free Tips Angel One vs Nuvama - Free Tips Yes Yes
Quarterly Result Analysis Angel One vs Nuvama - Quarterly Results Yes Yes
News Alerts Angel One vs Nuvama - Yes Yes
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Demat Account

Compare Angel One vs Nuvama on Demat Account

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 – 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 Charges - Compare Angel One with Nuvama
  Angel One Nuvama
DP Source CDSL CDSL
DP ID Angel One vs Nuvama - DP ID 33200 19100
Demat Account Annual Maintenance Charges(AMC) ₹450 pa Free (₹1500 one time charges)
Advance Deposit NIL NIL
Statutory charges Nil Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Angel One vs Nuvama on Special Offers and Promotion

Compare Angel One with Nuvama on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Angel One vs Nuvama on Special Offers and Promotion
  Angel One Nuvama
Pay In and Pay Out Options Angel One vs Nuvama - 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 Angel One vs Nuvama - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Angel One vs Nuvama - Bank Supported and Charges Around 40+ bank are prefered parter with Angel Broking. Info Not Available
Bank Detail Info Not Available Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Likes
  • Trade at Max Rs. 20 per order across segments.
  • Free equity delivery trading for a lifetime.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Angel One GTT order (Good Till Trigger) order feature.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ, Robo Advisory platform.
  • Best trading platforms including website, Angel One App, and Angel SpeedPro terminal.
  • Get Free Angel One API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Detail Review...

  • Trade and invest on BSE, NSE, and MCX.
  • 10 per order flat brokerage trading.
  • Trade at either a flat brokerage fee (Lite) or %-based brokerage plan (Elite).
  • Add-on services with Elite plan; free call & trade, free RM, etc.
  • Free mobile app, web, and desktop trading terminal.
  • Get Nuvama API connect for free. (Limited time offer)
  • Get free expert research, advisory, and trading tips.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Offline branch-based customer support is available.

Detail Review...

Dislikes
  • High DP charges of Rs. 20 + GST.
  • ARQ-Prime, the Smart Beta investment engine is a paid platform.
  • Angel One does not offer direct mutual funds.
  • It does not offer a 3-in-1 account opening facility.
  • No monthly trading plans are available.

Detail Review...

  • It does not provide a 3-in-1 account opening facility.
  • NRIs cannot open Nuvama Demat and Trading Account.
  • Call & trade, and research services are not free for the Lite brokerage plan subscribers.

Detail Review...

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