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Nuvama Vs Alice Blue (Compare Nuvama and Alice Blue)

Nuvama Wealth & Investment Limited Logo

About Nuvama
Incorporated in 2008, Nuvama Wealth & Investment Limited (formerly Edelweiss Broking Ltd.) is a Mumbai, India-based full-service stockbroking firm. The Retail Broking business of Nuvama offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities, and Futures & Options. Nuvama offers investment advice backed by research and analysis to its customers across asset classes, trading styles and time horizons. Nuvama has the best... Know more about Nuvama Wealth & Investment Limited

Alice Blue Financial Services Logo

About Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL. AliceBlue offers one simple brokerage plans, Freedom 15 (F15) to its customers. The flat fee brokerage plan F15 minimizes the brokerage fee so that customers incur the lowest cost while trading. It is a discount brokerage plan which offers brokerages free equi... Know more about Alice Blue Financial Services

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Nuvama Vs Alice Blue

Incorporated in 2002, Nuvama is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Nuvama Alice Blue
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2002
Number of Branches 237
Open Nuvama AccountOpen Alice Blue Account

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Nuvama Vs Alice Blue Charges & AMC

Nuvama trading account opening charges is Rs 0 (Free) while Alice Blue account opening changes is Rs 150. Nuvama Demat Account AMC Charges is Rs 500 (1st Year Free) and Alice Blue Demat Account AMC Charges is Rs 400.

  Nuvama Alice Blue
Trading Account Opening Charges Rs 0 (Free) Rs 150
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 400

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Nuvama Vs Alice Blue Brokerage

Nuvama brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

Account Type Nuvama Nuvama Lite Alice Blue Freedom 15
Fixed Charges NA
Equity Delivery Rs 10 per executed order Rs 0 (Free)
Equity Intraday Rs 10 per executed order Rs 15 per order or 0.01% whichever is lower
Equity Futures Rs 10 per executed order Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 10 per executed order Rs 15 per order
Currency Futures Rs 10 per executed order Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 10 per executed order Rs 15 per order
Commodity Futures Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Nuvama Vs Alice Blue Brokerage Plan 2

  Nuvama Alice Blue
Account Type Nuvama Elite Freedom 15
Fixed Charges
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 15 per order or 0.01% whichever is lower
Equity Futures 0.03% Rs 15 per order or 0.01% whichever is lower
Equity Options Rs 75 per lot Rs 15 per order
Currency Futures 0.02% Rs 15 per order or 0.01% whichever is lower
Currency Options Rs 20 per lot Rs 15 per order
Commodity Futures Rs 15 per order or 0.01% whichever is lower
Commodity Options Rs 15 per order
Open Nuvama AccountOpen Alice Blue Account

Nuvama Charges Vs Alice Blue

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures Rs 0
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per call Rs 20 per executed order

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Nuvama Vs Alice Blue Transaction Charges

Nuvama transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

  Nuvama Alice Blue
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) NSE Rs 135 per Cr (0.00135%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
Open Nuvama AccountOpen Alice Blue Account

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Nuvama Vs Alice Blue Leverage (Margin)

Nuvama margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Nuvama Alice Blue
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Open Nuvama AccountOpen Alice Blue Account

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Compare Nuvama and Alice Blue Features

The trading platforms offered Nuvama include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

  Nuvama Alice Blue
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time 3:00 PM Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open Nuvama AccountOpen Alice Blue Account

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Nuvama Vs Alice Blue Review

Nuvama is rated 2.9 of 5 based on 74 customer reviews whereas Alice Blue is rated 3.2 of 5 based on 37 customer reviews.

  Nuvama Alice Blue
  74 Customer Reviews    Rate Nuvama 37 Customer Reviews    Rate Alice Blue
Fees 3.0 3.7
Brokerage 3.1 3.7
Trading Platform 3.5 3.4
Customer Service 2.7 3.0
Research Capabilities 2.8 1.9
Overall Ratings Rated 2.9 stars Rated 3.2 stars
Broker Rating Nuvama is rated 2.9 of 5 based on 74 customer reviews Alice Blue is rated 3.2 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Nuvama Enquire Alice Blue Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Nuvama Vs Alice Blue Investment Options

  Nuvama Alice Blue
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Nuvama Vs Alice Blue Order Type Offered

  Nuvama Alice Blue
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
Open Nuvama AccountOpen Alice Blue Account

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Nuvama Vs Alice Blue Research Report

  Nuvama Alice Blue
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Nuvama Vs Alice Blue Suitable For Investor Type

  Nuvama Alice Blue
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Nuvama Vs Alice Blue - Pros and Cons

  Nuvama Alice Blue
Pros
  1. Full-service broker offering discount brokerage plan.
  2. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
  • Free equity delivery trades. No brokerage.
  • Flat Rs 15 brokerage for intraday and F&O.
  • Advance online trading platform.
Cons
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of Rs 20 per call.
  • Online Mutual Fund investment is not available.
  • Margin funding is not available.
  • Good Till Cancelled (GTC) orders not available.
  • Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers

Nuvama Special Offer

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Nuvama Account online in just 15 Minutes.

Alice Blue Special Offer

Free Equity Delivery Trade

Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

Open Nuvama AccountOpen Alice Blue Account

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