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Bajaj Financial Vs Nuvama (Edelweiss) (Compare Bajaj Financial and Nuvama (Edelweiss))

About Bajaj Financial
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m...

Bajaj Financial Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

Nuvama (Edelweiss) Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Bajaj Financial Vs Nuvama (Edelweiss)

Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 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.

	Bajaj Financial	Nuvama (Edelweiss)
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE	BSE, NSE, MCX, NCDEX
Year of Incorporation	2010	2002
Number of Branches	6	237
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Vs Nuvama (Edelweiss) Charges & AMC

Bajaj Financial trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	Bajaj Financial	Nuvama (Edelweiss)
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 899 per year	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 199 (Free for 1st year)	Rs 500 (1st Year Free)

Bajaj Financial Vs Nuvama (Edelweiss) Brokerage

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

Account Type	Bajaj Financial Freedom Plan	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges	Rs 431 per year	NA
Equity Delivery	Rs 20 per order	Rs 10 per executed order
Equity Intraday	Rs 20 per order	Rs 10 per executed order
Equity Futures	Rs 20 per order	Rs 10 per executed order
Equity Options	Rs 20 per order	Rs 10 per executed order
Currency Futures		Rs 10 per executed order
Currency Options		Rs 10 per executed order
Commodity Futures
Commodity Options
Special Offer	Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.	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.

Bajaj Financial Vs Nuvama (Edelweiss) Brokerage Plan 2

	Bajaj Financial	Nuvama (Edelweiss)
Account Type	Professional Pack	Nuvama Elite
Fixed Charges	Rs 2500 per year
Equity Delivery	Rs 10 per order	0.30%
Equity Intraday	Rs 10 per order	0.03%
Equity Futures	Rs 10 per order	0.03%
Equity Options	Rs 10 per order	Rs 75 per lot
Currency Futures		0.02%
Currency Options		Rs 20 per lot
Commodity Futures
Commodity Options
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Vs Nuvama (Edelweiss) Brokerage Plan 3

	Bajaj Financial	Nuvama (Edelweiss)
Account Type	Bajaj Privilege Club	Nuvama Lite
Fixed Charges	Rs 9999 per year	NA
Equity Delivery	Rs 5 per order	Rs 10 per executed order
Equity Intraday	Rs 5 per order	Rs 10 per executed order
Equity Futures	Rs 5 per order	Rs 10 per executed order
Equity Options	Rs 5 per order	Rs 10 per executed order
Currency Futures		Rs 10 per executed order
Currency Options		Rs 10 per executed order
Commodity Futures
Commodity Options
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	Rs 5 per executed order	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges	RMS Auto-Square off: Rs 20 per order	Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20 per trade	Rs 20 per call

Bajaj Financial Vs Nuvama (Edelweiss) Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (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).

	Bajaj Financial	Nuvama (Edelweiss)
Equity Delivery	NSE Rs 325 per Cr (0.00325%)	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%)	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 5000 per Cr (0.05%)	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5300 per Cr (0.053%) \| BSE Rs 5000 per Cr (0.05%) (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%)
Currency Options	(on premium)	NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Vs Nuvama (Edelweiss) Leverage (Margin)

Bajaj Financial 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.

	Bajaj Financial	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 Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Compare Bajaj Financial and Nuvama (Edelweiss) Features

The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

	Bajaj Financial	Nuvama (Edelweiss)
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)	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
Other Features
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Vs Nuvama (Edelweiss) Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

	Bajaj Financial	Nuvama (Edelweiss)
	15 Customer Reviews	76 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews	Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews

Contact Broker / Request A Call Back

	Bajaj Financial Enquire	Nuvama (Edelweiss) Enquire
Contact Broker	Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.	Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Bajaj Financial Vs Nuvama (Edelweiss) Investment Options

	Bajaj Financial	Nuvama (Edelweiss)
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Bajaj Financial Vs Nuvama (Edelweiss) Order Type Offered

	Bajaj Financial	Nuvama (Edelweiss)
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Bajaj Financial Account	Open Nuvama (Edelweiss) Account

Bajaj Financial Vs Nuvama (Edelweiss) Research Report

	Bajaj Financial	Nuvama (Edelweiss)
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bajaj Financial Vs Nuvama (Edelweiss) Suitable For Investor Type

	Bajaj Financial	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

Bajaj Financial Vs Nuvama (Edelweiss) - Pros and Cons

	Bajaj Financial	Nuvama (Edelweiss)
Pros		Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons		The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers	Bajaj Financial Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee) Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee) Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee) Rs 0 Demat AMC This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial 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 Bajaj Financial Account	Open Nuvama (Edelweiss) Account

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