Zerodha vs Nuvama
Side by side comparison of active clients, charges, and regulatory track records.
Detailed head to head comparison
| Metric | Zerodha | Nuvama |
|---|---|---|
| Broker Type | Discount | Full service |
| Active Clients | - | - |
| Market Share | - | - |
| Complaints per 10k clients | - | - |
| Complaint Resolution | 100.0% | - |
| Reliability Score | 95.3/100 | 94.1/100 |
| Delivery Brokerage | - | - |
| Intraday Brokerage | - | - |
| F&O Brokerage | - | - |
| Demat AMC / Year | - | - |
| Account Opening | Free | Free |
| Head Office | Bengaluru | Mumbai |
| Founded | 2010 | 2008 |
| SEBI Registration | INZ000031633 | INZ000005231 |
| Segments | Equity delivery, Equity F&O, Currency, Commodity | Equity delivery, Equity F&O, Currency, Commodity |
| Defaulter List Status | No | No |
Frequently asked questions
How do brokerage charges compare between Zerodha and Nuvama?
For equity delivery, Zerodha offers - while Nuvama offers -. For intraday equity trades, Zerodha charges - compared to Nuvama at -.
Which broker has more active clients, Zerodha or Nuvama?
Zerodha has - active clients (- market share) while Nuvama has - active clients (- market share) based on primary NSE disclosures.
What are the account opening and Demat AMC fees for Zerodha vs Nuvama?
For Zerodha, account opening is Free and annual Demat AMC is -. For Nuvama, account opening is Free and annual Demat AMC is -.
Is Zerodha or Nuvama better for beginners?
Both Zerodha and Nuvama are SEBI-registered intermediaries. Beginners often look for low delivery brokerage, intuitive mobile apps, and prompt customer support. Compare delivery charges (- vs -) and complaint rates (- vs -) to decide which matches your investment style.
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Source: SEBI recognised-intermediary register, NSE monthly active client disclosures, and official broker rate cards. Methodology · Sources & lineage · All comparisons