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Nuvama (Edelweiss) Vs Dhan (Compare Nuvama (Edelweiss) and Dhan)

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

Moneylicious Securities Pvt Ltd Logo

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va... Know more about Moneylicious Securities Pvt Ltd

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Nuvama (Edelweiss) Vs Dhan

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 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Nuvama (Edelweiss) Dhan
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2002 2021
Number of Branches 237 1
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Nuvama (Edelweiss) Vs Dhan Charges & AMC

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

  Nuvama (Edelweiss) Dhan
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 ₹0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) ₹0 (Lifetime Zero AMC)

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Nuvama (Edelweiss) Vs Dhan Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type Nuvama (Edelweiss) Nuvama Lite Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 10 per executed order Rs. 0
Equity Intraday Rs 10 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 10 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 10 per executed order Rs 20 per executed order
Currency Futures Rs 10 per executed order Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 10 per executed order Rs 20 per executed order
Commodity Futures Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 20 per executed order
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.
Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Nuvama (Edelweiss) Vs Dhan Brokerage Plan 2

  Nuvama (Edelweiss) Dhan
Account Type Nuvama Elite Flat Rate Plan
Fixed Charges Rs 0 or Nill
Equity Delivery 0.30% Rs. 0
Equity Intraday 0.03% Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures 0.03% Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 75 per lot Rs 20 per executed order
Currency Futures 0.02% Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 20 per lot Rs 20 per executed order
Commodity Futures Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 20 per executed order
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Nuvama (Edelweiss) Charges Vs Dhan

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

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Nuvama (Edelweiss) Vs Dhan 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 Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

  Nuvama (Edelweiss) Dhan
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 500 per Cr (0.005%) (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 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A, B : 0.0026%
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Nuvama (Edelweiss) Vs Dhan Leverage (Margin)

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

  Nuvama (Edelweiss) Dhan
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)
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Compare Nuvama (Edelweiss) and Dhan Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  Nuvama (Edelweiss) Dhan
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 3:00 PM 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features APIs for Algo Trading, smallcases on Dhan
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Nuvama (Edelweiss) Vs Dhan Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews whereas Dhan is rated 2.8 of 5 based on 19 customer reviews.

  Nuvama (Edelweiss) Dhan
  76 Customer Reviews    Rate Nuvama (Edelweiss) 19 Customer Reviews    Rate Dhan
Fees 3.0 3.9
Brokerage 3.1 3.3
Trading Platform 3.4 3.2
Customer Service 2.7 2.1
Research Capabilities 2.9 2.4
Overall Ratings Rated 2.9 stars Rated 2.8 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews Dhan is rated 2.8 of 5 based on 19 customer reviews

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Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire Dhan 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 stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

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Nuvama (Edelweiss) Vs Dhan Investment Options

  Nuvama (Edelweiss) Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options

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Nuvama (Edelweiss) Vs Dhan Order Type Offered

  Nuvama (Edelweiss) Dhan
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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Nuvama (Edelweiss) Vs Dhan Research Report

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

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Nuvama (Edelweiss) Vs Dhan Suitable For Investor Type

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

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Nuvama (Edelweiss) Vs Dhan - Pros and Cons

  Nuvama (Edelweiss) Dhan
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.
  • Safe, reliable, and technologically first online broker.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free account opening.
  • AMC free demat account.
  • Free equity delivery trades.
  • Flat Rs 20 per trade brokerage for all other segments.
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.
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 20 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
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.

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

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