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 Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wea...
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 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | BSE, NSE |
| Year of Incorporation | 2002 | 2023 |
| Number of Branches | 237 | 0 |
Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while Share.Market account opening changes is Rs 0 (free). Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year).
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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 180 (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 Share.Market brokerage charges for equity is Rs 20 per executed order or 0.1% whichever is lower and Intraday is Rs 20 per executed order or 0.1% whichever is lower.
| Account Type | Nuvama (Edelweiss) Nuvama Lite Plus | Share.Market Flat Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | Rs 20 per executed order | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | Rs 20 per executed order | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.030% | |
| Commodity Options | Rs 50 / lot | |
| 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. | 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) | Share.Market | |
|---|---|---|
| Account Type | Nuvama Elite | Flat Brokerage Plan |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.30% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Intraday | 0.03% | Rs 20 per executed order or 0.1% whichever is lower |
| Equity Futures | 0.03% | Rs 20 per executed order |
| Equity Options | Rs 75 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.015% | |
| Commodity Options | Rs 30 / lot | |
| Minimum Brokerage | 0.03% Equity delivery, 0.01% Intra-day and Futures | Rs 2 |
| Other Charges | Margin Funding: 0.08%/day, Research: Rs 50 per month, | Auto Square off charges: ₹30 per executed order |
| Call & Trade Charges | Rs 20 per call | Rs 30 per executed order |
Nuvama (Edelweiss) margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Share.Market margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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. Share.Market offers Share.Market website and mobile app trading software.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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 | Share.Market website and mobile app |
| Intraday Square-off Time | 3:00 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | OFS, Buyback, Rights Issue, NCD and NCD IPO | Equity WealthBasket |
Nuvama (Edelweiss) is rated of 5 based on 79 customer reviews whereas Share.Market is rated of 5 based on 3 customer reviews.
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
79 Customer Reviews  | 3 Customer Reviews | |
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| Broker Rating | Nuvama (Edelweiss) is Rated 2.8 / 5 based on 79 customer reviews | Share.Market is Rated 3.7 / 5 based on 3 customer reviews |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| 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. | 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) | Share.Market | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Nuvama (Edelweiss) | Share.Market | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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