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Sharekhan Vs Nuvama (Edelweiss) (Compare Sharekhan and Nuvama (Edelweiss))

About Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa...

Sharekhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

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...

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

Sharekhan Vs Nuvama (Edelweiss)

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

	Sharekhan	Nuvama (Edelweiss)
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation	2000	2002
Number of Branches	2800	237
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Vs Nuvama (Edelweiss) Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

	Sharekhan	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 400 (Free for 1st year)	Rs 500 (1st Year Free)

Sharekhan Vs Nuvama (Edelweiss) Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Nuvama (Edelweiss) brokerage charges for equity is Rs 10 per executed order and intraday is Rs 10 per executed order.

Account Type	Sharekhan Classic Account	Nuvama (Edelweiss) Nuvama Lite
Fixed Charges		NA
Equity Delivery	0.50%	Rs 10 per executed order
Equity Intraday	0.10%	Rs 10 per executed order
Equity Futures	0.10%	Rs 10 per executed order
Equity Options	Rs 50 per lot	Rs 10 per executed order
Currency Futures	0.10%	Rs 10 per executed order
Currency Options	Rs 30 per lot	Rs 10 per executed order
Commodity Futures	0.03%
Commodity Options	0.03%
Special Offer	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	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.

Sharekhan Vs Nuvama (Edelweiss) Brokerage Plan 2

	Sharekhan	Nuvama (Edelweiss)
Account Type	Prepaid - Rs 1 Lakh	Nuvama Elite
Fixed Charges	Rs 1,00,000 per year
Equity Delivery	0.10%	0.30%
Equity Intraday	0.015%	0.03%
Equity Futures	0.015%	0.03%
Equity Options	0.05% or Rs 63 per lot	Rs 75 per lot
Currency Futures		0.02%
Currency Options		Rs 20 per lot
Commodity Futures
Commodity Options
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Vs Nuvama (Edelweiss) Brokerage Plan 3

	Sharekhan	Nuvama (Edelweiss)
Account Type	Margin - Rs 1 Lakh	Nuvama Lite
Fixed Charges	Rs 1,00,000 margin	NA
Equity Delivery	0.25%	Rs 10 per executed order
Equity Intraday	0.05%	Rs 10 per executed order
Equity Futures	0.05%	Rs 10 per executed order
Equity Options	1% or Rs 70 per lot	Rs 10 per executed order
Currency Futures		Rs 10 per executed order
Currency Options		Rs 10 per executed order
Commodity Futures
Commodity Options
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Charges Vs Nuvama (Edelweiss)

Minimum Brokerage	Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future Rs 0.001 per share	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Charges		Margin Funding: 0.08%/day, Research: Rs 50 per month,
Call & Trade Charges	Rs 20	Rs 20 per call

Sharekhan Vs Nuvama (Edelweiss) Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Nuvama (Edelweiss) exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium).

	Sharekhan	Nuvama (Edelweiss)
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 50 per Cr (0.00035) (each side)	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 50 per Cr (0.0005%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	NSE Rs 135 per Cr (0.00135%) \| MCX Rs 130 per Cr (0.00130%)	NSE Rs 115 per Cr (0.00115%) \| BSE Rs 115 per Cr (0.00115%)
Currency Options	NSE Rs 4220 per Cr (0.04220%) \| MCX Rs 3220 per Cr (0.03220%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	MCX (Non-Agri) Rs 230 per Cr (0.0023%) \| MCX (Agri) Rs 95 per Cr (0.00095%)
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Vs Nuvama (Edelweiss) Leverage (Margin)

Sharekhan 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.

	Sharekhan	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 Sharekhan Account	Open Nuvama (Edelweiss) Account

Compare Sharekhan and Nuvama (Edelweiss) Features

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

	Sharekhan	Nuvama (Edelweiss)
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time	3:30 PM	3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Pattern finder, Class room training
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Vs Nuvama (Edelweiss) Review

Sharekhan is rated 3.3 of 5 based on 310 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 74 customer reviews.

	Sharekhan	Nuvama (Edelweiss)
	310 Customer Reviews	74 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 310 customer reviews	Nuvama (Edelweiss) is rated 2.9 of 5 based on 74 customer reviews

Contact Broker / Request A Call Back

	Sharekhan Enquire	Nuvama (Edelweiss) Enquire
Contact Broker	Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.	Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Sharekhan Vs Nuvama (Edelweiss) Investment Options

	Sharekhan	Nuvama (Edelweiss)
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

Sharekhan Vs Nuvama (Edelweiss) Order Type Offered

	Sharekhan	Nuvama (Edelweiss)
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Sharekhan Account	Open Nuvama (Edelweiss) Account

Sharekhan Vs Nuvama (Edelweiss) Research Report

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

Sharekhan Vs Nuvama (Edelweiss) Suitable For Investor Type

	Sharekhan	Nuvama (Edelweiss)
Casual Investor
Active Investor
Trader

Sharekhan Vs Nuvama (Edelweiss) - Pros and Cons

	Sharekhan	Nuvama (Edelweiss)
Pros	It has a strong network of over 1950 branches across India. The fund transfer from and to the trading account is free. The share transfer from and to the DP account is free when trading from Sharekhan trading account. The 'TradeTiger' is the most popular trading terminal in India. Brokerage Plan "Prepaid AMC schemes" are available for high volume traders. Stock SIP is available. Loan against shares, margin funding, ipo financing and ESOP funding is available.	Full-service broker offering discount brokerage plan. Trade at flat Rs 10 per executed order across all segments in Nuvama Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.
Cons	Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services. Sharekhan brokerage is high in comparison to the discount brokers. Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of Rs 20 per call.
Reviews
Promo / Offers	Sharekhan Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. 1 Year FREE access to TradeTiger Trading Terminal. This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.	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 Sharekhan Account	Open Nuvama (Edelweiss) Account

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Compare Sharekhan	Compare Nuvama (Edelweiss)
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