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, NCDs, Currency Derivatives, commodities, and Futures & Options.
Nuvama offers investment advice backed by research a... 
About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO.
Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to...
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, SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| 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 | 0 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and SAMCO Demat Account AMC Charges is First Year: Free, Rs 400 (Free for 1st year).
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| 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) | First Year: Free, Rs 400 (Free for 1st year) |
Nuvama (Edelweiss) Brokerage Charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas SAMCO brokerage charges for equity is 0.5% of the transaction value or ₹20 per executed order and Intraday is 0.5% of the transaction value or ₹20 per executed order.
| Account Type | Nuvama (Edelweiss) Nuvama Lite Plus | SAMCO Standard |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | Rs 20 per executed order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | Rs 20 per executed order | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 20 per executed order | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | Rs 20 per executed order | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per executed order | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.030% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 50 / lot | ₹20 per executed order (or 0.5% of the transaction value) |
| Special Offer | 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. | Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| Account Type | Nuvama Elite | Standard |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.30% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Intraday | 0.03% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Futures | 0.03% | 0.5% of the transaction value or ₹20 per executed order |
| Equity Options | Rs 75 per lot | ₹20 per executed order (or 0.5% of the transaction value, whichever is lower). |
| Currency Futures | 0.02% | 0.5% of the transaction value or ₹20 per executed order (whichever is lower). |
| Currency Options | Rs 20 per lot | ₹20 per executed order (or 0.5% of the transaction value, |
| Commodity Futures | 0.015% | 0.5% of the transaction value or ₹20 per |
| Commodity Options | Rs 30 / lot | ₹20 per executed order (or 0.5% of the transaction value) |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | Auto-Square off charges: Rs 50 per order OFS / Buyback : Rs 50 per order |
| Call & Trade Charges | Rs 20 per call | Rs 50 + GST |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| 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) |
The trading platforms offered Nuvama (Edelweiss) include Nuvama Markets, Nuvama API Connect, Nuvama TX3, Nuvama Wealth. SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star trading software.
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Nuvama Markets, Nuvama API Connect, Nuvama TX3, Nuvama Wealth | Samco Mobile App, Nest Trader, Samco Trade API, RankMF, StockBasket, Samco Star |
| Intraday Square-off Time | 3:00 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | OFS, Buyback, Rights Issue, NCD and NCD IPO | Stock SIP, US Stocks |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas SAMCO is rated of 5 based on 26 customer reviews.
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
79 Customer Reviews  | 26 Customer Reviews | |
| Fees |  |  |
| Brokerage | |  |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating | | |
| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | SAMCO is Rated 3.2 / 5 based on 26 customer reviews |
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| Contact Broker | 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. | Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today. |
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | SAMCO | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| SAMCO Special OfferFree Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year
It is a limited-time offer. Open Instant Account online and start trading the same day. |
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