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Nuvama (Edelweiss) Vs RMoney (Compare Nuvama (Edelweiss) and RMoney)

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

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

About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is an Gift City, Gandhinagar, Gujarat-based financial service provider. The company offers a range of financial products and services. These include Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds, and Corporate FDRs. Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily and 4% of MCX turnover. It has ... Know more about Raghunandan Capital Pvt Ltd

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

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 , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

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

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

  Nuvama (Edelweiss) RMoney
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 0 for lifetime (Free)
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Nuvama (Edelweiss) Vs RMoney Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas RMoney brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

Account Type Nuvama (Edelweiss) Nuvama Lite RMoney Rs 9 Per Trade Plan
Fixed Charges NA NA
Equity Delivery Rs 10 per executed order Rs 9 per executed order
Equity Intraday Rs 10 per executed order Rs 9 per executed order
Equity Futures Rs 10 per executed order Rs 9 per executed order
Equity Options Rs 10 per executed order Rs 9 per executed order
Currency Futures Rs 10 per executed order Rs 9 per executed order
Currency Options Rs 10 per executed order Rs 9 per executed order
Commodity Futures Rs 9 per executed order
Commodity Options Rs 9 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.

Zerodha (Trade with the best stock broker)

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 RMoney Brokerage Plan 2

  Nuvama (Edelweiss) RMoney
Account Type Nuvama Elite Rs 999 Per Month Trade Plan
Fixed Charges Rs 999
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
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Nuvama (Edelweiss) Charges Vs RMoney

Minimum Brokerage 0.03% Equity delivery, 0.01% Intra-day and Futures Rs 0
Other Charges Margin Funding: 0.08%/day, Research: Rs 50 per month, Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment
Call & Trade Charges Rs 20 per call Rs 0 (Unlimited Calls)
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Nuvama (Edelweiss) Vs RMoney Transaction Charges

Nuvama (Edelweiss) transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%).

  Nuvama (Edelweiss) RMoney
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per crore | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side) NSE Rs 260 per crore | BSE Rs 70 per crore (0.007%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 7000 per crore (0.07%) | BSE Rs 2750 per crore (0.0275%)
Currency Futures NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%) NSE Rs 180 per crore (0.0018%) | BSE Rs 160 per crore (0.0016%)
Currency Options Rs 4000 per Cr (0.04%) (on premium) NSE Rs 5000 (on premium) per crore (0.05%) | BSE Rs 7500 (on premium) per crore (0.075%)
Commodity MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%)
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Nuvama (Edelweiss) Vs RMoney Leverage (Margin)

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

  Nuvama (Edelweiss) RMoney
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 RMoney Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.

  Nuvama (Edelweiss) RMoney
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 No
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 RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:00 PM Equity 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
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Nuvama (Edelweiss) Vs RMoney Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 74 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.

  Nuvama (Edelweiss) RMoney
  74 Customer Reviews    Rate Nuvama (Edelweiss) 5 Customer Reviews    Rate RMoney
Fees 3.0 4.4
Brokerage 3.1 4.2
Trading Platform 3.5 3.4
Customer Service 2.7 3.8
Research Capabilities 2.8 2.0
Overall Ratings Rated 2.9 stars Rated 3.2 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 74 customer reviews RMoney is rated 3.2 of 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire RMoney 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 RMoney Investment Options

  Nuvama (Edelweiss) RMoney
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 Corporate FD, Life Instance, General Insurance
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Nuvama (Edelweiss) Vs RMoney Order Type Offered

  Nuvama (Edelweiss) RMoney
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 Yes
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Nuvama (Edelweiss) Vs RMoney Research Report

  Nuvama (Edelweiss) RMoney
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Nuvama (Edelweiss) Vs RMoney Suitable For Investor Type

  Nuvama (Edelweiss) RMoney
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
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Nuvama (Edelweiss) Vs RMoney - Pros and Cons

  Nuvama (Edelweiss) RMoney
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. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.
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. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.
Reviews Useful Articles:
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
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