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Nuvama (Edelweiss) Vs Tradeplus (Compare Nuvama (Edelweiss) and Tradeplus)

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

Tradeplus (Navia Markets Ltd) Logo

About Tradeplus
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of Rs 90 per year. Tradeplus also offer Online Mutual Fund, I... Know more about Tradeplus (Navia Markets Ltd)

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Nuvama (Edelweiss) Vs Tradeplus

Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India. Incorporated in 1995, Tradeplus is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Nuvama (Edelweiss) Tradeplus
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2002 1995
Number of Branches 237
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

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Nuvama (Edelweiss) Vs Tradeplus Charges & AMC

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

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

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Nuvama (Edelweiss) Vs Tradeplus Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Tradeplus brokerage charges for equity is Rs 99 per month (unlimited trading) and intraday is Rs 99 per month (unlimited trading).

Account Type Nuvama (Edelweiss) Nuvama Lite Tradeplus Smart Flat Plan
Fixed Charges NA Rs 99 per month (unlimited trading)
Equity Delivery Rs 10 per executed order Rs 99 per month (unlimited trading)
Equity Intraday Rs 10 per executed order Rs 99 per month (unlimited trading)
Equity Futures Rs 10 per executed order Rs 99 per month (unlimited trading)
Equity Options Rs 10 per executed order Rs 99 per month (unlimited trading)
Currency Futures Rs 10 per executed order After 31 trades Lower of - Rs 9 per trade or 0.05%
Currency Options Rs 10 per executed order After 31 trades Lower of - Rs 9 per trade or 0.05%
Commodity Futures Rs 99 per month (unlimited trading)
Commodity Options Rs 99 per month (unlimited trading)
Special Offer
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.

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Nuvama (Edelweiss) Vs Tradeplus Brokerage Plan 2

  Nuvama (Edelweiss) Tradeplus
Account Type Nuvama Elite Flat Pro Plan
Fixed Charges Rs 499 per month (unlimited trading)
Equity Delivery 0.30% Rs 0
Equity Intraday 0.03% Rs 0
Equity Futures 0.03% Rs 0
Equity Options Rs 75 per lot Rs 0
Currency Futures 0.02% Rs 0
Currency Options Rs 20 per lot Rs 0
Commodity Futures Rs 0
Commodity Options Rs 0
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

Nuvama (Edelweiss) Charges Vs Tradeplus

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month, SMS Charges: Rs 100 per segment.
Call & Trade Charges Rs 20 per call Flat Rs 75 per day

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Nuvama (Edelweiss) Vs Tradeplus Transaction Charges

Nuvama (Edelweiss) transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Tradeplus exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

  Nuvama (Edelweiss) Tradeplus
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) BSE Rs 345 per Cr (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 335 per Cr (0.00335%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 0
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) NSE Rs 95 per Cr (0.00095%) | BSE Rs 22 per Cr (0.00022%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 3700 per Cr (0.037%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Rs 500 (0.005%)
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

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Nuvama (Edelweiss) Vs Tradeplus Leverage (Margin)

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

  Nuvama (Edelweiss) Tradeplus
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 Nuvama (Edelweiss) AccountOpen Tradeplus Account

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Compare Nuvama (Edelweiss) and Tradeplus Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Tradeplus offers INFINI, NSE NOW trading software.

  Nuvama (Edelweiss) Tradeplus
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
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress INFINI, NSE NOW
Intraday Square-off Time 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

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Nuvama (Edelweiss) Vs Tradeplus Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews whereas Tradeplus is rated 2.9 of 5 based on 37 customer reviews.

  Nuvama (Edelweiss) Tradeplus
  76 Customer Reviews    Rate Nuvama (Edelweiss) 37 Customer Reviews    Rate Tradeplus
Fees 3.0 3.4
Brokerage 3.1 4.1
Trading Platform 3.4 2.8
Customer Service 2.7 2.6
Research Capabilities 2.9 1.8
Overall Ratings Rated 2.9 stars Rated 2.9 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews Tradeplus is rated 2.9 of 5 based on 37 customer reviews

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Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire Tradeplus Enquire
Contact Broker Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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Nuvama (Edelweiss) Vs Tradeplus Investment Options

  Nuvama (Edelweiss) Tradeplus
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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Nuvama (Edelweiss) Vs Tradeplus Order Type Offered

  Nuvama (Edelweiss) Tradeplus
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

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Nuvama (Edelweiss) Vs Tradeplus Research Report

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

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Nuvama (Edelweiss) Vs Tradeplus Suitable For Investor Type

  Nuvama (Edelweiss) Tradeplus
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Nuvama (Edelweiss) Vs Tradeplus - Pros and Cons

  Nuvama (Edelweiss) Tradeplus
Pros
  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.
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or Rs 90 per month.
  4. Analysis tools available for intraday trading.
Cons
  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.
  1. Customer has to pay software charges.
  2. High call & trade charges. Rs 1000 per month.
  3. Lower margin.
Reviews
Promo / Offers

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.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
Open Nuvama (Edelweiss) AccountOpen Tradeplus Account

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