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IDBI Capital Vs Nuvama (Edelweiss) (Compare IDBI Capital and Nuvama (Edelweiss))

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital offers... Know more about IDBI Capital Markets and 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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IDBI Capital Vs Nuvama (Edelweiss)

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

  IDBI Capital Nuvama (Edelweiss)
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, NSDL BSE, NSE, MCX, NCDEX
Year of Incorporation 1993 2002
Number of Branches 14 237
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IDBI Capital Vs Nuvama (Edelweiss) Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Nuvama (Edelweiss) account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Nuvama (Edelweiss) Demat Account AMC Charges is Rs 500 (1st Year Free).

  IDBI Capital Nuvama (Edelweiss)
Trading Account Opening Charges Rs 500 Rs 0 (Free)
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0 (Free)
Demat Account AMC Charges Rs 450 Rs 500 (1st Year Free)

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IDBI Capital Vs Nuvama (Edelweiss) Brokerage

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

Account Type IDBI Capital Card Rate Plan Nuvama (Edelweiss) Nuvama Lite
Fixed Charges NA
Equity Delivery 0.50% 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 Rs 100 per lot Rs 10 per executed order
Currency Futures NA Rs 10 per executed order
Currency Options NA Rs 10 per executed order
Commodity Futures NA
Commodity Options NA
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: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

IDBI Capital Vs Nuvama (Edelweiss) Brokerage Plan 2

  IDBI Capital Nuvama (Edelweiss)
Account Type Ace Trader Plan Nuvama Elite
Fixed Charges
Equity Delivery 0.10% to 0.50% 0.30%
Equity Intraday 0.020% to 0.050% 0.03%
Equity Futures 0.020% to 0.048% 0.03%
Equity Options Rs 100 per lot Rs 75 per lot
Currency Futures 0.02%
Currency Options Rs 20 per lot
Commodity Futures
Commodity Options
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IDBI Capital Charges Vs Nuvama (Edelweiss)

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. 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 Nil Rs 20 per call

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IDBI Capital Vs Nuvama (Edelweiss) Transaction Charges

IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (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).

  IDBI Capital 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%) | 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 NA
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IDBI Capital Vs Nuvama (Edelweiss) Leverage (Margin)

IDBI Capital 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.

  IDBI Capital 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)
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Compare IDBI Capital and Nuvama (Edelweiss) Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Nuvama (Edelweiss) offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress trading software.

  IDBI Capital Nuvama (Edelweiss)
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Nuvama Xpress
Intraday Square-off Time 3:00 PM 3:00 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide
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IDBI Capital Vs Nuvama (Edelweiss) Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Nuvama (Edelweiss) is rated 2.9 of 5 based on 76 customer reviews.

  IDBI Capital Nuvama (Edelweiss)
  41 Customer Reviews    Rate IDBI Capital 76 Customer Reviews    Rate Nuvama (Edelweiss)
Fees 3.2 3.0
Brokerage 2.5 3.1
Trading Platform 2.6 3.4
Customer Service 2.8 2.7
Research Capabilities 2.5 2.9
Overall Ratings Rated 2.6 stars Rated 2.9 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 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

  IDBI Capital Enquire Nuvama (Edelweiss) Enquire
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. 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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IDBI Capital Vs Nuvama (Edelweiss) Investment Options

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

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IDBI Capital Vs Nuvama (Edelweiss) Order Type Offered

  IDBI Capital Nuvama (Edelweiss)
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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IDBI Capital Vs Nuvama (Edelweiss) Research Report

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

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IDBI Capital Vs Nuvama (Edelweiss) Suitable For Investor Type

  IDBI Capital Nuvama (Edelweiss)
Casual Investor Yes
Active Investor Yes
Trader Yes

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IDBI Capital Vs Nuvama (Edelweiss) - Pros and Cons

  IDBI Capital Nuvama (Edelweiss)
Pros - Prepaid plans are available for volume traders.
  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 - Additional charge of Rs 2000 per year for installable trading platform.
  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

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.

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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.

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