5Paisa vs Nuvama – Compare Charges, Trading Features, Offers & More

Overview — 5Paisa vs. Nuvama

5Paisa is listed as a Public Discount Broker established in 2016 with headquarters in Mumbai and founded by Nirmal Jain. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a Regular Account brokerage structure.

Nuvama is listed as a Private Full Service established in 2008 with headquarters in Ahmedabad and founded by Rashesh Shah. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. Its brokerage model is structured as Lite Plan.

Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.

Brokerage charges comparison — 5Paisa vs. Nuvama

Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for 5Paisa and Nuvama.

Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 per Trade or 0.01% (whichever is low).

Equity intraday: This charge applies to buy-sell positions closed within the same trading day. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 per Trade or 0.01% (whichever is Low).

Equity futures: This charge applies to futures contracts on stocks and indices. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 per Trade.

Equity options: This charge applies to equity option contracts. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 per Trade.

Commodity futures: This charge covers commodities such as gold, silver, and crude oil. 5Paisa charges Rs.20 per Trade . Nuvama does not currently list a charge for this segment.

Commodity options: This charge applies to option contracts on commodity instruments. 5Paisa charges Rs.20 per Trade . Nuvama does not currently list a charge for this segment.

Currency futures: This charge allows participation in forex price movements on the exchange. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 executed order.

Currency options: This charge enables traders to hedge or speculate on currency fluctuations. 5Paisa charges Rs.20 per Trade while Nuvama charges Rs.10 per Trade.

Trading platforms comparison — 5Paisa vs. Nuvama

5Paisa provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Nuvama provides mobile app access, web trading, desktop terminal access and algo trading support for its users.

• Android app: 5Paisa and Nuvama both list an Android trading app.

• iOS app: 5Paisa and Nuvama both list an iOS trading app.

• Web trading platform: 5Paisa and Nuvama both list a web trading platform.

• Desktop trading terminal: 5Paisa and Nuvama both list a desktop trading terminal.

• Algo trading: 5Paisa and Nuvama both list algo trading support.

• Basket trading: 5Paisa lists basket trading, while Nuvama does not currently mention it.

• Foreign stocks platform: 5Paisa lists foreign stocks access, while Nuvama does not currently mention it.

• Mutual fund platform: 5Paisa and Nuvama both list a mutual fund investment platform.

• Digital gold platform: 5Paisa lists digital gold investing, while Nuvama does not currently mention it.

• Bonds platform: 5Paisa lists a bonds investment platform, while Nuvama does not currently mention it.

5Paisa vs. Nuvama — Comparison of trading features

5Paisa highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while Nuvama promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. The table below shows the full feature set for both brokers side by side.

• Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both 5Paisa and Nuvama offer this feature.

• Real time updates: Get timely updates on market trends, stock prices, and other market data. Both 5Paisa and Nuvama offer this feature.

• Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both 5Paisa and Nuvama offer this feature.

• Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both 5Paisa and Nuvama offer this feature.

• Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both 5Paisa and Nuvama offer this feature.

• Global indices: Real-time data on leading global stock market indices. Both 5Paisa and Nuvama offer this feature.

• Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Nuvama offers this; 5Paisa does not currently highlight it.

• Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Nuvama offers this; 5Paisa does not currently highlight it.

• Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both 5Paisa and Nuvama offer this feature.

• Live market: Live updates on market movements and trends. Both 5Paisa and Nuvama offer this feature.

• Secure platform: A secure trading environment with next-generation security controls. Both 5Paisa and Nuvama offer this feature.

5Paisa vs. Nuvama — Comparison of offers

Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by 5Paisa and Nuvama.

• Free account opening: 5Paisa and Nuvama both list free account opening.

• Free AMC: Nuvama lists free Demat AMC, while 5Paisa does not currently mention it.

• Free brokerage: 5Paisa lists free brokerage, while Nuvama does not currently mention it.

• Flat brokerage: 5Paisa and Nuvama both list flat brokerage pricing.

• Flexible brokerage plans: 5Paisa and Nuvama both list flexible brokerage plans.

• Happy trading hours: Neither broker currently highlights happy trading hours.

• Free delivery trading: Neither broker currently highlights free delivery trading.

• Free intraday trading: Neither broker currently highlights free intraday trading.

• Free F&O trading: Neither broker currently highlights free F&O trading.

• Free research reports: Nuvama lists free research reports, while 5Paisa does not currently mention it.

• Free trading calls: Neither broker currently highlights free trading calls.

• Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.

• Referral offers: 5Paisa offers 12.5% + Rs.100 Referral Credit per Client while Nuvama offers Upto Rs.1,000 per referral for referrals.

Offered products comparison — Nuvama vs. 5Paisa

Product availability determines whether a broker can support your preferred markets. 5Paisa highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Nuvama highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.

The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, corporate bonds, government bonds, digital gold, bonds and insurance.

• Demat services: 5Paisa and Nuvama both list Demat services.

• Trading services: 5Paisa and Nuvama both list trading services.

• Intraday services: 5Paisa and Nuvama both list intraday trading services.

• F&O services: 5Paisa and Nuvama both list F&O services.

• IPO services: 5Paisa and Nuvama both list IPO services.

• 3-in-1 account: Neither broker currently highlights 3-in-1 account support.

• Stock research: Nuvama lists stock research, while 5Paisa does not currently mention it.

• Stock recommendations: Nuvama lists stock recommendations, while 5Paisa does not currently mention it.

• Trading education: 5Paisa and Nuvama both list trading education.

• Share pledging: 5Paisa and Nuvama both list share pledging.

• PMS or PCG: Neither broker currently highlights PMS or PCG support.

• NRI services: Neither broker currently highlights NRI services.

Offered services comparison — 5Paisa vs. Nuvama

5Paisa provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while Nuvama offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.

Stock advisory service comparison — 5Paisa vs. Nuvama

Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from 5Paisa and Nuvama.

Exposure comparison — 5Paisa vs. Nuvama

Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from 5Paisa and Nuvama across different segments.

Comparison of programs — 5Paisa vs. Nuvama

5Paisa and Nuvama both list a sub-broker program. 5Paisa and Nuvama both list a partner program. 5Paisa and Nuvama both list a referral program.

Customer support comparison — 5Paisa vs. Nuvama

5Paisa provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Nuvama provides support through trading desk support, dedicated dealer assistance, call support, email support and website support.

Ratings — 5Paisa vs. Nuvama

Both brokers have been evaluated across key parameters to help investors make an informed comparison. 5Paisa carries an overall rating of 9.60 / 10, while Nuvama carries an overall rating of 8.41 / 10.

Complaints — 5Paisa vs. Nuvama

SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.

Transaction charges comparison — 5Paisa vs. Nuvama

Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for 5Paisa and Nuvama.

Pledge charges comparison — 5Paisa vs. Nuvama

Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.

Hidden charges comparison — 5Paisa vs. Nuvama

Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.

Compare Demat charges — 5Paisa vs Nuvama

5Paisa lists account opening charges of Free and Demat AMC of Rs.300 per Year. Nuvama lists account opening charges of Free and Demat AMC of Rs.500 (Free for first year).

5Paisa vs Nuvama — Compare STT & CTT

Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.

Compare stamp duty — 5Paisa and Nuvama

Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.

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