Rupeezy and Nuvama are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Rupeezy is listed as a Private Discount Broker , established in 2002 and headquartered in Madhya Pradeh, while Nuvama is listed as a Private Full Service , established in 2008 and headquartered in Ahmedabad.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Rupeezy or Nuvama is a better fit for your investment style, platform preference, and budget.
Rupeezy is listed as a Private Discount Broker established in 2002 with headquarters in Madhya Pradeh and founded by Shauryam Gupta. 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 customised recommendations. It follows a Standard 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.
Rupeezy vs Nuvama — A Comprehensive Company Overview
| Company Overview | Rupeezy | Nuvama |
|---|---|---|
| Company Type | Private | Private |
| Broker Type | Discount Broker | Full Service |
| Headquarters | Madhya Pradeh | Ahmedabad |
| Founder | Shauryam Gupta | Rashesh Shah |
| Establishment Year | 2002 | 2008 |
| Brokerage Plan | Standard | Lite Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Rupeezy and Nuvama.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Rupeezy charges 0.1% 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. Rupeezy charges ₹20 or 0.1% 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. Rupeezy charges ₹20 / order while Nuvama charges Rs.10 per Trade.
Equity options: This charge applies to equity option contracts. Rupeezy charges ₹20 / order while Nuvama charges Rs.10 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Rupeezy charges ₹20 / order . Nuvama does not currently list a charge for this segment.
Commodity options: This charge applies to option contracts on commodity instruments. Rupeezy charges ₹20 / order . Nuvama does not currently list a charge for this segment.
Currency futures: This charge allows participation in forex price movements on the exchange. Rupeezy charges 0.1% buy & sell while Nuvama charges Rs.10 executed order.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Rupeezy charges ₹20 or 0.1% (lower) while Nuvama charges Rs.10 per Trade.
Rupeezy vs Nuvama — Detailed Brokerage Comparison
| Brokerage | Rupeezy | Nuvama |
|---|---|---|
| Brokerage Plan | Standard | Lite Plan |
| Subscription Charges | Zero | |
| Equity Delivery | 0.1% | Rs.10 per Trade or 0.01% (whichever is low) |
| Equity Intraday | ₹20 or 0.1% | Rs.10 per Trade or 0.01% (whichever is Low) |
| Equity Future | ₹20 / order | Rs.10 per Trade |
| Equity Option | ₹20 / order | Rs.10 per Trade |
| Commodity Future | ₹20 / order | NA |
| Commodity Option | ₹20 / order | NA |
| Currency Future | 0.1% buy & sell | Rs.10 executed order |
| Currency Option | ₹20 or 0.1% (lower) | Rs.10 per Trade |
Rupeezy 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: Rupeezy and Nuvama both list an Android trading app.
iOS app: Rupeezy and Nuvama both list an iOS trading app.
Web trading platform: Rupeezy and Nuvama both list a web trading platform.
Desktop trading terminal: Rupeezy and Nuvama both list a desktop trading terminal.
Algo trading: Rupeezy and Nuvama both list algo trading support.
Basket trading: Rupeezy lists basket trading, while Nuvama does not currently mention it.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Rupeezy and Nuvama both list a mutual fund investment platform.
Digital gold platform: Rupeezy lists digital gold investing, while Nuvama does not currently mention it.
Bonds platform: Rupeezy lists a bonds investment platform, while Nuvama does not currently mention it.
Rupeezy vs Nuvama — Complete Comparison of Trading Platforms
| Trading Platform | Rupeezy | Nuvama |
|---|---|---|
| Android App | Rupeezy Android App Link | Nuvama Android App Link |
| iOS App | Rupeezy iOS App Link | Nuvama iOS App Link |
| Web Trading Platform | Rupeezy | Nuvama Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | Available | Available |
| Foreign Stocks Platform | Not Available | NA |
| Basket Trading Platform | Available | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | Available | NA |
| Bonds Platform | Available | NA |
Rupeezy highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and customised recommendations, 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 Rupeezy and Nuvama offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Rupeezy and Nuvama offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Rupeezy and Nuvama offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Rupeezy and Nuvama offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Rupeezy and Nuvama offer this feature.
Global indices: Real-time data on leading global stock market indices. Nuvama offers this; Rupeezy does not currently highlight it.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Both Rupeezy and Nuvama offer this feature.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Rupeezy and Nuvama offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Rupeezy and Nuvama offer this feature.
Live market: Live updates on market movements and trends. Both Rupeezy and Nuvama offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Rupeezy offers this; Nuvama does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Rupeezy and Nuvama offer this feature.
Rupeezy vs Nuvama — Comprehensive Comparison of Trading Features
| Trading Feature | Rupeezy | 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 | No | Yes |
| Customised Recommendations | Yes | Yes |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Rupeezy and Nuvama.
Free account opening: Rupeezy and Nuvama both list free account opening.
Free AMC: Nuvama lists free Demat AMC, while Rupeezy does not currently mention it.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Rupeezy and Nuvama both list flat brokerage pricing.
Flexible brokerage plans: Rupeezy and Nuvama both list flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Rupeezy lists free delivery trading, while Nuvama does not currently mention it.
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: Rupeezy and Nuvama both list free research reports.
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: Nuvama offers Upto Rs.1,000 per referral for referrals; Rupeezy does not currently list a referral offer.
Rupeezy vs Nuvama — Comparison of Latest Offers
| Offer | Rupeezy | Nuvama |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | No | Yes |
| Free Brokerage | No | No |
| Flat Brokerage | Yes | Yes, Limited |
| Flexible Brokerage Plans | Yes | Yes |
| Happy Trading Hours | No | No |
| Free Delivery Trading | Yes | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | Yes |
| Free Trading Calls | No | No |
| Referral Offers | Upto Rs.1,000 per referral | |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Rupeezy 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, mutual funds, digital gold, bonds and insurance.
Rupeezy vs Nuvama — Complete Comparison of Products
| Product | Rupeezy | Nuvama |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | No | No |
| Mutual Funds | Yes | Yes |
| Banking | No | |
| Insurance | Yes | |
| Corporate Bonds | No | |
| Government Bonds | No | |
| Digital Gold | No |
Demat services: Rupeezy and Nuvama both list Demat services.
Trading services: Rupeezy and Nuvama both list trading services.
Intraday services: Rupeezy and Nuvama both list intraday trading services.
F&O services: Rupeezy and Nuvama both list F&O services.
IPO services: Rupeezy and Nuvama both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Rupeezy and Nuvama both list stock research.
Stock recommendations: Rupeezy and Nuvama both list stock recommendations.
Trading education: Nuvama lists trading education, while Rupeezy does not currently mention it.
Share pledging: Rupeezy 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.
Rupeezy provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Nuvama offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Rupeezy vs Nuvama — In-Depth Comparison of Services
| Service | Rupeezy | 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 | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | No | Yes, Investology |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | No |
| NRI Services | No | No |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Rupeezy and Nuvama.
Rupeezy and Nuvama — Detailed Comparison of Advisory Services
| Advisory | Rupeezy | Nuvama |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes, chargeable |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| IPO Reports | Yes | Yes |
| Technical Reports | Yes | Yes |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | Yes |
| Daily Market Review | Yes | Yes |
| Monthly Review | Yes | Yes |
| Weekly Review | Yes | Yes |
| Relationship Manager | No | Yes |
| Robo Advisory | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Rupeezy and Nuvama across different segments.
Rupeezy and Nuvama — Comprehensive Comparison of Trading Exposure
| Exposure | Rupeezy | Nuvama |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | 2x | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 2x | 1.3x |
| Commodity F&O Carry Forward | 1.5x | 1x |
| Commodity F&O Intraday | N/A | 1.3x |
| Currency F&O | 1.5x | 1x |
Nuvama lists a sub-broker program, while Rupeezy does not currently mention it. Nuvama lists a partner program, while Rupeezy does not currently mention it. Nuvama lists a referral program, while Rupeezy does not currently mention it.
Rupeezy vs Nuvama — Comparative Analysis of Programs
| Program | Rupeezy | Nuvama |
|---|---|---|
| Sub-Broker Program | Yes | |
| Partner Program | Yes | |
| Referral Program | Yes |
Rupeezy provides support through trading desk support, call support, email support, website support and Twitter/X support. Nuvama provides support through trading desk support, dedicated dealer assistance, call support, email support and website support.
Rupeezy and Nuvama — Comprehensive Comparison of Customer Support
| Support Channel | Rupeezy | Nuvama |
|---|---|---|
| Trading Support | 07556693320 | Available, Chargeable |
| Dedicated Dealer | Available, Chargeable | |
| Call Support | 07556693322 | 022-66203030 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | |
| Website Support | https://rupeezy.in/ | Website Link |
| Facebook Support | — | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | https://t.me/Rupeezy_Official | — |
| Branches / Offices | NA |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Rupeezy carries an overall rating of 4/5, while Nuvama carries an overall rating of 8.41 / 10.
Rupeezy vs Nuvama — Ratings Comparison
| Rating Parameter | Rupeezy | Nuvama |
|---|---|---|
| Overall Rating | 4/5 | 8.41 / 10 |
| Customer Support | 4/5 | 8.38 / 10 |
| Technology | 4/5 | 8.51 / 10 |
| Charges | 4/5 | 8.45 / 10 |
| Products & Services | 4/5 | 8.36 / 10 |
| Experience | 4/5 | 8.34 / 10 |
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.
Rupeezy & Nuvama — Comparison of Customer Complaints
| Complaint Metric | Rupeezy | Nuvama |
|---|---|---|
| Total Complaints Lodged | 117 | |
| Total Complaints Resolved | 102 | |
| % of Resolved Complaints | 87.18% | |
| Non-Actionable Complaints | 7 | |
| % of Non-Actionable Complaints | 5.98% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Rupeezy and Nuvama.
Rupeezy vs Nuvama — Detailed Comparison of Transaction Charges
| Transaction Charges | Rupeezy | Nuvama |
|---|---|---|
| Equity Delivery | NSE: 0.00297% | BSE: 0.00375% | 0.00335% (NSE) & As per Stock (BSE) |
| Equity Intraday | NSE: 0.00297% | BSE: 0.00375% | 0.00335% (NSE) & As per Stock (BSE) |
| Equity Future | NSE: 0.0019% | BSE: 0 | 0.002% (NSE & BSE) |
| Equity Option | NSE: 0.03503% (premium) | BSE: 0.0325% (premium) | 0.053% (on premium) |
| Commodity Future | Exchange: 0.0021% | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
| Commodity Option | Exchange: 0.0418% | 0.05% (Non Agri) |
| Currency Future | NSE: 0.00297% | BSE: 0.00375% | NA |
| Currency Option | NSE: 0.00297% | BSE: 0.00375% | NA |
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.
Rupeezy & Nuvama — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Rupeezy | Nuvama |
|---|---|---|
| Pledge Creation Charges | ₹25 + GST | Rs.7 per Request |
| Pledge Invocation Charges | ₹25 + GST | Rs.7 per Request |
| Margin Trading Interest | 0.05% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Rupeezy and Nuvama — Detailed Comparison of Hidden / Other Charges
| Charge | Rupeezy | Nuvama |
|---|---|---|
| SEBI Turnover Charges | ₹10 / Cr | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.20 per Scrip | |
| GST | 18% on (brokerage + txn + SEBI) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Nil | Rs.150 |
| Reactivation Charges | Nil | Rs.100 |
| Dematerialisation Charges | Rs.18 per Certificate | |
| Call & Trade Charges | ₹25 per order + GST | Rs.20 per Trade |
Rupeezy lists account opening charges of Free and Demat AMC of ₹25 + GST Monthly. Nuvama lists account opening charges of Free and Demat AMC of Rs.500 (Free for first year).
Rupeezy vs Nuvama — Detailed Comparison of Demat Charges
| Demat Charges | Rupeezy | Nuvama |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | ₹25 + GST Monthly | Rs.500 (Free for first year) |
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.
Rupeezy vs Nuvama — Comparative Analysis of STT and CTT Charges
| STT & CTT | Rupeezy | Nuvama |
|---|---|---|
| Equity Delivery | 0.1% buy & sell | 0.1% on buy & sell |
| Equity Intraday | 0.025% sell side | 0.025% on sell |
| Equity Future | 0.02% sell side | 0.0125% on sell |
| Equity Option | 0.0125% intrinsic (buy & exercise) | 0.1% sell side (premium) | 0.0625% on sell (on premium) |
| Commodity Future | 0.01% sell side (Non-Agri) | 0.01% on sell (Non-Agri) |
| Commodity Option | 0.05% sell side | 0.05% on sell |
| Currency Future | 0.1% buy & sell | Nil |
| Currency Option | 0.025% sell side | Nil |
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.
Rupeezy and Nuvama — Comparison of Stamp Duty Charges
| Stamp Duty | Rupeezy | Nuvama |
|---|---|---|
| Equity Delivery | 0.015% or ₹1500 / Cr (buy) | 0.015% on buy |
| Equity Intraday | 0.003% or ₹300 / Cr (buy) | 0.003% on buy |
| Equity Future | 0.002% or ₹200 / Cr (buy) | 0.002% on buy |
| Equity Option | 0.003% or ₹300 / Cr (buy) | 0.003% on buy |
| Commodity Future | 0.015% or ₹1500 / Cr (buy) | 0.002% on buy |
| Commodity Option | 0.015% or ₹1500 / Cr (buy) | 0.003% on buy |
| Currency Future | 0.015% or ₹1500 / Cr (buy) | 0.0001% on buy |
| Currency Option | 0.003% or ₹300 / cr (buy) | 0.0001% on buy |