FREE Account Opening + No Clearing Fees
Loading...

Nuvama (Edelweiss) Vs Paytm Money (Compare Nuvama (Edelweiss) and Paytm Money)

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

Paytm Money Limited Logo

About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

Expand

Nuvama (Edelweiss) Vs Paytm Money

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 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Nuvama (Edelweiss) Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX NSE and BSE
Year of Incorporation 2002 2017
Number of Branches 237 1
Open Nuvama (Edelweiss) AccountOpen Paytm Money Account

Expand

Nuvama (Edelweiss) Vs Paytm Money Charges & AMC

Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Nuvama (Edelweiss) Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 0 Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 0 (Free)

Expand

Nuvama (Edelweiss) Vs Paytm Money Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.

Account Type Nuvama (Edelweiss) Nuvama Lite Paytm Money Standard Plan
Fixed Charges NA NA
Equity Delivery Rs 10 per executed order Rs 20 per executed order or 2.5% whichever is low
Equity Intraday Rs 10 per executed order Rs 20 per executed order or 0.05% whichever is low
Equity Futures Rs 10 per executed order Rs 20 per executed order or 0.01% whichever is low
Equity Options Rs 10 per executed order Rs 20 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: 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: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

Nuvama (Edelweiss) Vs Paytm Money Brokerage Plan 2

  Nuvama (Edelweiss) Paytm Money
Account Type Nuvama Elite Standard Plan
Fixed Charges NA
Equity Delivery 0.30% Rs 20 per executed order or 2.5% whichever is low
Equity Intraday 0.03% Rs 20 per executed order or 0.05% whichever is low
Equity Futures 0.03% Rs 20 per executed order or 0.01% whichever is low
Equity Options Rs 75 per lot Rs 20 per executed order
Currency Futures 0.02%
Currency Options Rs 20 per lot
Commodity Futures
Commodity Options
Open Nuvama (Edelweiss) AccountOpen Paytm Money Account

Nuvama (Edelweiss) Charges Vs Paytm Money

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month, Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per call Rs 100

Expand

Nuvama (Edelweiss) Vs Paytm Money 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 Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Nuvama (Edelweiss) Paytm Money
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 345 per Cr (0.00345%) | 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 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 BSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures 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) (on premium)
Commodity
Open Nuvama (Edelweiss) AccountOpen Paytm Money Account

Expand

Nuvama (Edelweiss) Vs Paytm Money Leverage (Margin)

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

  Nuvama (Edelweiss) Paytm Money
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 Paytm Money Account

Expand

Compare Nuvama (Edelweiss) and Paytm Money Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Nuvama (Edelweiss) Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:00 PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
Open Nuvama (Edelweiss) AccountOpen Paytm Money Account

Expand

Nuvama (Edelweiss) Vs Paytm Money Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews whereas Paytm Money is rated 3.3 of 5 based on 49 customer reviews.

  Nuvama (Edelweiss) Paytm Money
  76 Customer Reviews    Rate Nuvama (Edelweiss) 49 Customer Reviews    Rate Paytm Money
Fees 3.0 3.3
Brokerage 3.1 3.8
Trading Platform 3.4 3.4
Customer Service 2.7 2.7
Research Capabilities 2.9 3.3
Overall Ratings Rated 2.9 stars Rated 3.3 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews Paytm Money is rated 3.3 of 5 based on 49 customer reviews

Expand

Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire Paytm Money 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. Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer
Paytm Money QR Code

Expand

Nuvama (Edelweiss) Vs Paytm Money Investment Options

  Nuvama (Edelweiss) Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund

Expand

Nuvama (Edelweiss) Vs Paytm Money Order Type Offered

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

Expand

Nuvama (Edelweiss) Vs Paytm Money Research Report

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

Expand

Nuvama (Edelweiss) Vs Paytm Money Suitable For Investor Type

  Nuvama (Edelweiss) Paytm Money
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

Expand

Nuvama (Edelweiss) Vs Paytm Money - Pros and Cons

  Nuvama (Edelweiss) Paytm Money
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.
  • Flat rate brokerage fee (max Rs 20 per trade).
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms use fee: Rs 30 per month.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

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.

Paytm Money Special Offer

Pay Rs 0 brokerage for first 15 days

  • Pay flat ₹20 per executed order for Delivery, Intraday & F&O.

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Paytm Money QR Code
Open Nuvama (Edelweiss) AccountOpen Paytm Money Account

Comments

Add a public comment...

Compare Nuvama (Edelweiss) Compare Paytm Money
Compare More Brokers: