FREE Account Opening + No Clearing Fees
Loading...

Nuvama (Edelweiss) Vs AxisDirect (Compare Nuvama (Edelweiss) and AxisDirect)

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

Axis Securities Logo

About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

Expand

Nuvama (Edelweiss) Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Nuvama (Edelweiss) AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 2002 2006
Number of Branches 237 56
Open Nuvama (Edelweiss) Account

Expand

Nuvama (Edelweiss) Vs AxisDirect Charges & AMC

Nuvama (Edelweiss) trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 900. Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free) and AxisDirect Demat Account AMC Charges is Rs 650.

  Nuvama (Edelweiss) AxisDirect
Trading Account Opening Charges Rs 0 (Free) Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 500 (1st Year Free) Rs 650

Expand

Nuvama (Edelweiss) Vs AxisDirect Brokerage

Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Nuvama (Edelweiss) Nuvama Lite AxisDirect Standard Brokerage Plan
Fixed Charges NA NA
Equity Delivery Rs 10 per executed order 0.50%
Equity Intraday Rs 10 per executed order 0.05%
Equity Futures Rs 10 per executed order 0.05%
Equity Options Rs 10 per executed order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures Rs 10 per executed order 0.05%
Currency Options Rs 10 per executed order Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
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 (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) Vs AxisDirect Brokerage Plan 2

  Nuvama (Edelweiss) AxisDirect
Account Type Nuvama Elite Standard Brokerage Plan
Fixed Charges NA
Equity Delivery 0.30% 0.50%
Equity Intraday 0.03% 0.05%
Equity Futures 0.03% 0.05%
Equity Options Rs 75 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.02% 0.05%
Currency Options Rs 20 per lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.03%
Commodity Options Rs 50 per lot
Open Nuvama (Edelweiss) Account

Nuvama (Edelweiss) Charges Vs AxisDirect

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

Expand

Nuvama (Edelweiss) Vs AxisDirect 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 AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).

  Nuvama (Edelweiss) AxisDirect
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 3700 per Cr (0.037%) (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 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity
Open Nuvama (Edelweiss) Account

Expand

Nuvama (Edelweiss) Vs AxisDirect Leverage (Margin)

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

  Nuvama (Edelweiss) AxisDirect
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) Account

Expand

Compare Nuvama (Edelweiss) and AxisDirect Features

The trading platforms offered Nuvama (Edelweiss) include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Nuvama (Edelweiss) AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
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 DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:00 PM 3:15
Trading In SME Shares Allowed?
Referral Program Yes
Other Features
Open Nuvama (Edelweiss) Account

Expand

Nuvama (Edelweiss) Vs AxisDirect Review

Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews whereas AxisDirect is rated 2.0 of 5 based on 86 customer reviews.

  Nuvama (Edelweiss) AxisDirect
  76 Customer Reviews    Rate Nuvama (Edelweiss) 86 Customer Reviews    Rate AxisDirect
Fees 3.0 2.0
Brokerage 3.1 1.8
Trading Platform 3.4 2.5
Customer Service 2.7 2.2
Research Capabilities 2.9 2.7
Overall Ratings Rated 2.9 stars Rated 2.0 stars
Broker Rating Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews AxisDirect is rated 2.0 of 5 based on 86 customer reviews

Expand

Contact Broker / Request A Call Back

  Nuvama (Edelweiss) Enquire AxisDirect 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.

Expand

Nuvama (Edelweiss) Vs AxisDirect Investment Options

  Nuvama (Edelweiss) AxisDirect
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 Loans, ETF, Corporate FD

Expand

Nuvama (Edelweiss) Vs AxisDirect Order Type Offered

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

Expand

Nuvama (Edelweiss) Vs AxisDirect Research Report

  Nuvama (Edelweiss) AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

Expand

Nuvama (Edelweiss) Vs AxisDirect Suitable For Investor Type

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

Expand

Nuvama (Edelweiss) Vs AxisDirect - Pros and Cons

  Nuvama (Edelweiss) AxisDirect
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. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
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.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
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.

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
Open Nuvama (Edelweiss) Account

Comments

Add a public comment...

Compare Nuvama (Edelweiss) Compare AxisDirect
Compare More Brokers: