FREE Account Opening + No Clearing Fees
Loading...

5paisa Vs Nuvama (Edelweiss) (Compare 5paisa and Nuvama (Edelweiss))

5paisa Capital Ltd Logo

About 5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd

Nuvama Wealth & Investment Limited Logo

About Nuvama (Edelweiss)
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

Expand

5paisa Vs Nuvama (Edelweiss)

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  5paisa Nuvama (Edelweiss)
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE BSE, NSE, MCX, NCDEX
Year of Incorporation 1996 2002
Number of Branches 1 237
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

Expand

5paisa Vs Nuvama (Edelweiss) Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  5paisa Nuvama (Edelweiss)
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 500 (1st Year Free)

Expand

5paisa Vs Nuvama (Edelweiss) Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type 5paisa Regular Account Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA NA
Equity Delivery Rs 20 per executed order Rs 10 per executed order
Equity Intraday Rs 20 per executed order Rs 10 per executed order
Equity Futures Rs 20 per executed order Rs 10 per executed order
Equity Options Rs 20 per executed order Rs 10 per executed order
Currency Futures Rs 20 per executed order Rs 10 per executed order
Currency Options Rs 20 per executed order Rs 10 per executed order
Commodity Futures Rs 20 per executed order
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
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.

5paisa Vs Nuvama (Edelweiss) Brokerage Plan 2

  5paisa Nuvama (Edelweiss)
Account Type Power Investor Pack Nuvama Elite
Fixed Charges Rs 599 per month
Equity Delivery Rs 10 per executed order 0.30%
Equity Intraday Rs 10 per executed order 0.03%
Equity Futures Rs 10 per executed order 0.03%
Equity Options Rs 10 per executed order Rs 75 per lot
Currency Futures Rs 10 per executed order 0.02%
Currency Options Rs 10 per executed order Rs 20 per lot
Commodity Futures Rs 10 per executed order
Commodity Options Rs 10 per executed order
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

5paisa Vs Nuvama (Edelweiss) Brokerage Plan 3

  5paisa Nuvama (Edelweiss)
Account Type Ultra Trader Pack Nuvama Lite
Fixed Charges Rs 1199 per month NA
Equity Delivery Rs 10 per executed order Rs 10 per executed order
Equity Intraday Rs 10 per executed order Rs 10 per executed order
Equity Futures Rs 10 per executed order Rs 10 per executed order
Equity Options Rs 10 per executed order Rs 10 per executed order
Currency Futures Rs 10 per executed order Rs 10 per executed order
Currency Options Rs 10 per executed order Rs 10 per executed order
Commodity Futures Rs 10 per executed order
Commodity Options Rs 10 per executed order
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

5paisa Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Rs 20 per trade 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 20 per call

Expand

5paisa Vs Nuvama (Edelweiss) Transaction Charges

5paisa transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Nuvama (Edelweiss) exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  5paisa Nuvama (Edelweiss)
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Grp A: 0.0026%
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

Expand

5paisa Vs Nuvama (Edelweiss) Leverage (Margin)

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

  5paisa Nuvama (Edelweiss)
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 5paisa AccountOpen Nuvama (Edelweiss) Account

Expand

Compare 5paisa and Nuvama (Edelweiss) Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  5paisa Nuvama (Edelweiss)
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform 5paisa Trade Station (Web, Mobile App and EXE) Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM 3:00 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

Expand

5paisa Vs Nuvama (Edelweiss) Review

5paisa is rated 2.6 of 5 based on 94 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

  5paisa Nuvama (Edelweiss)
  94 Customer Reviews    Rate 5paisa 76 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 2.9 3.0
Brokerage 3.5 3.1
Trading Platform 2.7 3.4
Customer Service 2.1 2.7
Research Capabilities 2.4 2.9
Overall Ratings Rated 2.6 stars Rated 2.9 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 94 customer reviews Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews

Expand

Contact Broker / Request A Call Back

  5paisa Enquire Nuvama (Edelweiss) Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Expand

5paisa Vs Nuvama (Edelweiss) Investment Options

  5paisa Nuvama (Edelweiss)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds, Insurance

Expand

5paisa Vs Nuvama (Edelweiss) Order Type Offered

  5paisa Nuvama (Edelweiss)
Bracket Order Yes No
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) Yes No
Open 5paisa AccountOpen Nuvama (Edelweiss) Account

Expand

5paisa Vs Nuvama (Edelweiss) Research Report

  5paisa Nuvama (Edelweiss)
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

Expand

5paisa Vs Nuvama (Edelweiss) Suitable For Investor Type

  5paisa Nuvama (Edelweiss)
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

Expand

5paisa Vs Nuvama (Edelweiss) - Pros and Cons

  5paisa Nuvama (Edelweiss)
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  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.
Cons
  • Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  • Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
  • Research and advisory is available at extra cost.
  • Higher exchange turnover charges in comparison to other popular discount stock brokers.
  • NRI Trading and Demat Account is not available.
  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.
Reviews
Promo / Offers

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

Nuvama (Edelweiss) 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.

Open 5paisa AccountOpen Nuvama (Edelweiss) Account

Comments

Add a public comment...

Compare 5paisa Compare Nuvama (Edelweiss)
Compare More Brokers: