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Anand Rathi Vs Nuvama (Edelweiss) (Compare Anand Rathi and Nuvama (Edelweiss))

Anand Rathi Logo

About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets. Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad... Know more about Anand Rathi

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

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Anand Rathi Vs Nuvama (Edelweiss)

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 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.

  Anand Rathi Nuvama (Edelweiss)
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 1200 237
Open Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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Anand Rathi Vs Nuvama (Edelweiss) Charges & AMC

Anand Rathi trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 450 (1st year free) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  Anand Rathi 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 450 (1st year free) Rs 500 (1st Year Free)

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Anand Rathi Vs Nuvama (Edelweiss) Brokerage

Anand Rathi brokerage charges for equity is 0.30% and intraday is 0.03% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Anand Rathi Standard Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA NA
Equity Delivery 0.30% Rs 10 per executed order
Equity Intraday 0.03% Rs 10 per executed order
Equity Futures 0.03% Rs 10 per executed order
Equity Options Rs 50 per lot Rs 10 per executed order
Currency Futures 0.03% Rs 10 per executed order
Currency Options Rs 25 per lot Rs 10 per executed order
Commodity Futures 0.03%
Commodity Options Rs 250 per lot
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
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.

Anand Rathi Vs Nuvama (Edelweiss) Brokerage Plan 2

  Anand Rathi Nuvama (Edelweiss)
Account Type Standard Plan Nuvama Elite
Fixed Charges NA
Equity Delivery 0.30% 0.30%
Equity Intraday 0.03% 0.03%
Equity Futures 0.03% 0.03%
Equity Options Rs 50 per lot Rs 75 per lot
Currency Futures 0.03% 0.02%
Currency Options Rs 25 per lot Rs 20 per lot
Commodity Futures 0.03%
Commodity Options Rs 250 per lot
Open Anand Rathi AccountOpen Nuvama (Edelweiss) Account

Anand Rathi Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Rs 25 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 0 (Free) Rs 20 per call

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Anand Rathi Vs Nuvama (Edelweiss) Transaction Charges

Anand Rathi transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

  Anand Rathi Nuvama (Edelweiss)
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Rs 350 per Cr (0.0035%)
Open Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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Anand Rathi Vs Nuvama (Edelweiss) Leverage (Margin)

Anand Rathi 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.

  Anand Rathi 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 Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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Compare Anand Rathi and Nuvama (Edelweiss) Features

The trading platforms offered Anand Rathi include TradeMobi, Trade Xpress+ and Tr@de X’pro. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  Anand Rathi Nuvama (Edelweiss)
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes 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 TradeMobi, Trade Xpress+ and Tr@de X’pro Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:15 PM 3:00 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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Anand Rathi Vs Nuvama (Edelweiss) Review

Anand Rathi is rated 3.1 of 5 based on 17 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

  Anand Rathi Nuvama (Edelweiss)
  17 Customer Reviews    Rate Anand Rathi 76 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 3.1 3.0
Brokerage 3.2 3.1
Trading Platform 3.1 3.4
Customer Service 3.3 2.7
Research Capabilities 3.6 2.9
Overall Ratings Rated 3.1 stars Rated 2.9 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 17 customer reviews Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews

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Contact Broker / Request A Call Back

  Anand Rathi Enquire Nuvama (Edelweiss) Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Anand Rathi Vs Nuvama (Edelweiss) Investment Options

  Anand Rathi 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

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Anand Rathi Vs Nuvama (Edelweiss) Order Type Offered

  Anand Rathi 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) No No
Open Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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Anand Rathi Vs Nuvama (Edelweiss) Research Report

  Anand Rathi Nuvama (Edelweiss)
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Anand Rathi Vs Nuvama (Edelweiss) Suitable For Investor Type

  Anand Rathi Nuvama (Edelweiss)
Casual Investor Yes
Active Investor Yes
Trader Yes

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Anand Rathi Vs Nuvama (Edelweiss) - Pros and Cons

  Anand Rathi Nuvama (Edelweiss)
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  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
  1. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
  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

Anand Rathi Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.

This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.

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 Anand Rathi AccountOpen Nuvama (Edelweiss) Account

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