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Fyers Vs Nuvama (Edelweiss) (Compare Fyers and Nuvama (Edelweiss))

Fyers Securities Ltd Logo

About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd

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

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Fyers Vs Nuvama (Edelweiss)

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India. Incorporated in 2002, Nuvama (Edelweiss) is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Fyers Nuvama (Edelweiss)
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, MCX BSE, NSE, MCX, NCDEX
Year of Incorporation 2015 2002
Number of Branches 0 237
Open Fyers AccountOpen Nuvama (Edelweiss) Account

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Fyers Vs Nuvama (Edelweiss) Charges & AMC

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

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

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Fyers Vs Nuvama (Edelweiss) Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type Fyers Flat Fee Brokerage Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) Rs 10 per executed order
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Equity Options Rs 20 per executed order Rs 10 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 10 per executed order
Currency Options Rs 20 per executed order Rs 10 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
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.

Fyers Vs Nuvama (Edelweiss) Brokerage Plan 2

  Fyers Nuvama (Edelweiss)
Account Type Flat Fee Brokerage Plan Nuvama Elite
Fixed Charges NA
Equity Delivery Rs 0 (Free) 0.30%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Options Rs 20 per executed order Rs 75 per lot
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.02%
Currency Options Rs 20 per executed order Rs 20 per lot
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Fyers AccountOpen Nuvama (Edelweiss) Account

Fyers Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments) Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges Rs 20 per trade Rs 20 per call

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Fyers Vs Nuvama (Edelweiss) Transaction Charges

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

  Fyers Nuvama (Edelweiss)
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%) (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 3500 per Cr (0.035%) (on premium) NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity NA
Open Fyers AccountOpen Nuvama (Edelweiss) Account

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Fyers Vs Nuvama (Edelweiss) Leverage (Margin)

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

  Fyers Nuvama (Edelweiss)
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 Fyers AccountOpen Nuvama (Edelweiss) Account

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Compare Fyers and Nuvama (Edelweiss) Features

The trading platforms offered Fyers include Fyers One (In-house build). Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  Fyers Nuvama (Edelweiss)
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Fyers One (In-house build) Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:20 PM 3:00 PM
Trading In SME Shares Allowed?
Referral Program Yes
Other Features Brokerage free thematic investing is available
Open Fyers AccountOpen Nuvama (Edelweiss) Account

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Fyers Vs Nuvama (Edelweiss) Review

Fyers is rated 2.9 of 5 based on 33 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

  Fyers Nuvama (Edelweiss)
  33 Customer Reviews    Rate Fyers 76 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 3.3 3.0
Brokerage 3.5 3.1
Trading Platform 3.2 3.4
Customer Service 3.0 2.7
Research Capabilities 2.2 2.9
Overall Ratings Rated 2.9 stars Rated 2.9 stars
Broker Rating Fyers is rated 2.9 of 5 based on 33 customer reviews Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews

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Contact Broker / Request A Call Back

  Fyers Enquire Nuvama (Edelweiss) Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Fyers Vs Nuvama (Edelweiss) Investment Options

  Fyers Nuvama (Edelweiss)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

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Fyers Vs Nuvama (Edelweiss) Order Type Offered

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

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Fyers Vs Nuvama (Edelweiss) Research Report

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

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Fyers Vs Nuvama (Edelweiss) Suitable For Investor Type

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

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Fyers Vs Nuvama (Edelweiss) - Pros and Cons

  Fyers Nuvama (Edelweiss)
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
  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.
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  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.
Reviews
Promo / Offers

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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.

Open Fyers AccountOpen Nuvama (Edelweiss) Account

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